| ICNB Stock | | | USD 0.0001 0.00 0.00% |
Founder
Ms. Roseann Faltings is Director of the Company. Ms. Faltings is an international liquor industry veteran of more than 12 years with experience in brand development, marketing, sales and distribution across the beer, wine and spirits categories. Throughout her executive career, Roseann has worked on United Spirits current brand portfolio, as well as Danny DeVitos Premium Limoncello, Yanjing Beer,, Johnny Bench 5 Scotch Whisky and other private label products. Ms. Faltings was previously an employee of the Company, beginning in 2003. In 2005, she was appointed VP of Sales and Marketing for Iconic Brands, Inc. and she continued to serve in that role until she resigned pursuant to the terms of the merger with MMBA in September of 2014. Ms. Faltings maintains strong relationships within the U.S. distribution and wholesale supply chain. One of highlights of her career was the negotiations with Paramount Studios in the development of The Godfather Vodka that she spearheaded. since 2015.
| Age | 66 |
| Tenure | 9 years |
| Phone | 631 464 4050 |
| Web | https://iconicbrandsusa.com |
Iconic Brands Management Efficiency
The company has return on total asset
(ROA) of
(0.2066) % which means that it has lost $0.2066 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
(0.6508) %, meaning that it created substantial loss on money invested by shareholders. Iconic Brands' management efficiency ratios could be used to measure how well Iconic Brands manages its routine affairs as well as how well it operates its assets and liabilities.
Iconic Brands currently holds 147
K in liabilities with Debt to Equity
(D/E) ratio of 0.52, which is about average as compared to similar companies. Iconic Brands has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Iconic Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Iconic Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iconic Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iconic to invest in growth at high rates of return. When we think about Iconic Brands' use of debt, we should always consider it together with cash and equity.
Iconic Brands, Inc. develops, markets, and distributes alcoholic beverages in the United States. The company was incorporated in 2005 and is headquartered in Amityville, New York. Iconic Brands operates under BeveragesWineries Distilleries classification in the United States and is traded on OTC Exchange. It employs 41 people. Iconic Brands [ICNB] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
Iconic Brands Leadership Team
Elected by the shareholders, the Iconic Brands' board of directors comprises two types of representatives: Iconic Brands inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iconic. The board's role is to monitor Iconic Brands' management team and ensure that shareholders' interests are well served. Iconic Brands' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Iconic Brands' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Belton, Chief TopPop | |
| Thomas Martin, Interim Officer | |
| Laurance Rassin, Chief TopPop | |
| David CPA, Chief Officer | |
| John Cosenza, Chief Officer | |
| Peter Hickey, Ex Sales | |
| Tom Martin, Interim Officer | |
| Tracy Memoli, Chief TopPop | |
| Richard DeCicco, CEO and President and Director | |
| Roseann Faltings, VP CoFounder | |
Iconic Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Iconic Brands a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Other Information on Investing in Iconic Pink Sheet
Iconic Brands financial ratios help investors to determine whether Iconic Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Iconic with respect to the benefits of owning Iconic Brands security.