ICD — Stock Film
STOCK FILMSCENE 1/11ICD · $0.59
Stock Expert AI presents
ICD
Independence Contract Drilling, Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Independence Contract Drilling, Inc. A quick introduction.

On the stock market since 2014, it operates in the world of energy. It has 450 employees. Now — the numbers.

on the stock market since 2014
450 employees
$8.9M market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.2.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

WHERE DOES THE MONEY COME FROM?
90%Dayrate drilling
Dayrate drilling 90%Reimbursables 4%Early termination 3%Mobilization 2%Capital modification <1%Other <1%
90% of all revenue comes from a single line: Dayrate drilling.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales are moving sideways.

No real growth (1% a year). Red columns mark years that ended in a loss.

$203.6M
2019
$83.4M
2020
$88M
2021
$186.7M
2022
$210.1M
2023
In the vault right now:
$0
DEBT: $156.7M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

WEAK SPOTS
The stock has lost its spark0/10
Thin profit on each sale3/10
WORTH WATCHING

Profit per Sale: The profit kept from each sale is thin.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 92% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 36% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $210.1M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 30 buys and 22 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Running at a loss

A loss of $37.7M against $210.1M in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.59. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
A wildly swinging price

This stock swings about 5 times as much as the market average. Big rallies — and big drops — can both happen fast.

FINALE · THE GRADE
F
0 / 100 · MoonshotScore

On our five-subject report card, ICD sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: ICD is a high-risk stock — not yet profitable, and its future rides on its product catching on.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Jul 21, 2026 · stockexpertai.com · Stock Film