🎉 M&A multiples are live!
Check it out!

icad Valuation Multiples

Discover revenue and EBITDA valuation multiples for icad and similar public comparables like Cyclopharm, CurveBeam AI, and Healius.

icad Overview

About icad

icad Inc is a medical technology company providing cancer detection and therapy solutions. The Company operates in one segment: Detection. The Detection segment include advanced image analysis and workflow solutions that enable healthcare professionals to serve patients by identifying pathologies, comprehensive range of high-performance, Artificial Intelligence and Computer-Aided Detection (CAD) systems and workflow solutions for 2D and 3D mammography, Magnetic Resonance Imaging and Computed Tomography. The company geographically operates in France, Belgium, Italy, Germany, Switzerland and All other.


Founded

1984

HQ

United States of America
Employees

66

Website

icadmed.com

Financials

LTM Revenue $19.6M

LTM EBITDA -$4.5M

EV

$33.0M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

icad Financials

icad has a last 12-month revenue of $19.6M and a last 12-month EBITDA of -$4.5M.

In the most recent fiscal year, icad achieved revenue of $19.6M and an EBITDA of -$4.9M.

icad expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See icad valuation multiples based on analyst estimates

icad P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $17.3M $19.6M XXX XXX XXX
Gross Profit $19.8M $14.8M XXX XXX XXX
Gross Margin 114% 75% XXX XXX XXX
EBITDA -$6.6M -$4.9M XXX XXX XXX
EBITDA Margin -38% -25% XXX XXX XXX
Net Profit -$13.7M -$4.8M XXX XXX XXX
Net Margin -79% -25% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

icad Stock Performance

As of April 15, 2025, icad's stock price is $2.

icad has current market cap of $49.8M, and EV of $33.0M.

See icad trading valuation data

icad Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$33.0M $49.8M XXX XXX XXX XXX $-0.21

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

icad Valuation Multiples

As of April 15, 2025, icad has market cap of $49.8M and EV of $33.0M.

icad's trades at 1.7x LTM EV/Revenue multiple, and -7.3x LTM EBITDA.

Analysts estimate icad's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for icad and 10K+ public comps

icad Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $33.0M XXX XXX XXX
EV/Revenue 1.7x XXX XXX XXX
EV/EBITDA -6.8x XXX XXX XXX
P/E -8.9x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -7.4x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get icad Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

icad Valuation Multiples

icad's NTM/LTM revenue growth is 5%

icad's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.3M for the same period.

Over next 12 months, icad's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate icad's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for icad and other 10K+ public comps

icad Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 13% XXX XXX XXX XXX
EBITDA Margin -25% XXX XXX XXX XXX
EBITDA Growth -26% XXX XXX XXX XXX
Rule of 40 (SaaS-only) -20% XXX XXX XXX XXX
Revenue per Employee $0.3M XXX XXX XXX XXX
Opex per Employee $0.3M XXX XXX XXX XXX
S&M Expenses to Revenue 43% XXX XXX XXX XXX
G&A Expenses to Revenue 39% XXX XXX XXX XXX
R&D Expenses to Revenue 34% XXX XXX XXX XXX
Opex to Revenue 117% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

icad Public Comps

See public comps and valuation multiples for Medical Imaging & Diagnostics and Health Data & Analytics comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Australian Clinical Labs XXX XXX XXX XXX XXX XXX
Clarity Pharmaceuticals XXX XXX XXX XXX XXX XXX
CurveBeam AI XXX XXX XXX XXX XXX XXX
Cyclopharm XXX XXX XXX XXX XXX XXX
Healius XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

icad M&A and Investment Activity

icad acquired  XXX companies to date.

Last acquisition by icad was  XXXXXXXX, XXXXX XXXXX XXXXXX . icad acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by icad

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About icad

When was icad founded? icad was founded in 1984.
Where is icad headquartered? icad is headquartered in United States of America.
How many employees does icad have? As of today, icad has 66 employees.
Who is the CEO of icad? icad's CEO is Ms. Dana Brown.
Is icad publicy listed? Yes, icad is a public company listed on NAS.
What is the stock symbol of icad? icad trades under ICAD ticker.
When did icad go public? icad went public in 1992.
Who are competitors of icad? Similar companies to icad include e.g. Australian Clinical Labs, Clarity Pharmaceuticals, CurveBeam AI, Cyclopharm.
What is the current market cap of icad? icad's current market cap is $49.8M
What is the current revenue of icad? icad's last 12-month revenue is $19.6M.
What is the current EBITDA of icad? icad's last 12-month EBITDA is -$4.5M.
What is the current EV/Revenue multiple of icad? Current revenue multiple of icad is 1.7x.
What is the current EV/EBITDA multiple of icad? Current EBITDA multiple of icad is -7.3x.
What is the current revenue growth of icad? icad revenue growth between 2023 and 2024 was 13%.
Is icad profitable? Yes, icad is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.