IDR delivered exceptional growth with revenue increasing 64.6% and current assets surging 337% while shares outstanding grew significantly from 13.7M to 15.8M shares.
This represents a dramatic acceleration in business performance with double-digit growth across all key financial metrics, suggesting either successful operational expansion or potential acquisition activity. The substantial increase in current assets combined with doubled gross profit indicates strong cash generation and business momentum, though investors should monitor the dilutive impact of the 15.7% increase in shares outstanding.
IDR demonstrated robust financial performance with revenue growing 64.6% to $42.4M while net income increased 89.2% to $16.7M, indicating strong operational leverage and margin expansion. The company's balance sheet strengthened significantly with current assets jumping 337% to $51.3M and stockholders' equity nearly doubling to $108.2M, while current liabilities remained well-controlled at $3.7M. The substantial increase in capital expenditures to $6.7M alongside strong operating cash flow growth to $19.1M suggests the company is investing heavily in growth while maintaining excellent cash generation capabilities.
Current assets grew 337.3% — improving short-term liquidity or inventory/receivables build.
Capital expenditure jumped 202.6% — major investment cycle underway; assess returns on deployment.
Equity base grew 187% — retained earnings accumulation or equity issuance strengthening the balance sheet.
Asset base grew 164% — expansion through organic growth, acquisitions, or capital deployment.
Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.
Net income grew 89.2% — bottom-line growth signals improving overall business health.
Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.
Operating cash flow surged 76.2% — exceptional cash generation, highest quality earnings signal.
Strong top-line growth of 64.6% — accelerating demand or successful expansion into new markets.
Current liabilities surged 61.3% — significant near-term obligations; verify ability to meet short-term debt.
See what changed in your portfolio's filings
500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.
Try Tracenotes free →