IC Group Holdings (TSXV:ICGH) Moat Score: 0/10 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:ICGH IC Group Holdings Inc TSXV:ICGH
13 GF Score
Price C$0.43
! 1 Warning Sign
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What is IC Group Holdings Moat Score?

IC Group Holdings has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

IC Group Holdings has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes IC Group Holdings might have No Moat - No discernible moat.

IC Group Holdings  (TSXV:ICGH) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

IC Group Holdings Moat Score Related Terms

TSXV:ICGH
13GF Score
IC Group Holdings Inc TSXV:ICGH
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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IC Group Holdings Business Description

Address 383 Dovercourt Drive, Winnipeg, MB, CAN, R3Y 1G4
IC Group Holdings Inc is a marketing services technology company, powering consumer engagement and promotions for Fortune 500 Brands. It is delivering impactful digital promotions, loyalty, rebate, mobile messaging, and speciality insurance solutions in world-wide jurisdictions. The Company delivers digital promotions and consumer engagement programs for customers in over 20 countries. The company operates in three segments: IC Engage, IC Mobile, and IC Insurance. The majority of its revenue is generated from the IC Engage, which delivers turnkey and custom enterprise digital promotions, including gamified content, loyalty, reward, and incentive solutions across digital channels, customer ecosystems, and live events to capture data and drive commerce.
13GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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