INIKF
Ionik Corporation
Price Chart
Latest Quote
$0.04
+0.00 (+0.00%)
Current Price
| Previous Close | $0.04 |
| Open | $0.04 |
| Day High | $0.04 |
| Day Low | $0.04 |
| Volume | 500 |
Stock Information
| Shares Outstanding | 586.59M |
| Total Debt | $112.87M |
| Cash Equivalents | $5.77M |
| Revenue | $199.72M |
| Net Income | $-31.48M |
| Sector | Communication Services |
| Industry | Advertising Agencies |
| Market Cap | $22.61M |
| EPS (TTM) | $-0.09 |
| Exchange | OQB |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $120.98M |
| Sales | $199.72M |
| Income | $-31.48M |
| Book/sh | $-0.15 |
| Cash/sh | $0.01 |
| Employees | 194 |
Financial Ratios
| Quick Ratio | 0.18 |
| Current Ratio | 0.20 |
Returns & Margins
| ROA | 4.93% |
| Gross Margin | 39.38% |
| Operating Margin | 0.78% |
| Profit Margin | -15.76% |
Ownership
| Insider Ownership | 50.45% |
| Institutional Ownership | 0.11% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.11 |
| P/B | -0.25 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.04 |
| SMA50 | $0.04 |
| SMA200 | $0.05 |
| RSI | 69.59 |
| ATR | 0.0011 |
| Shares Float | 97.90M |
| Volatility | 0.37 |
Performance History
| Week | -11.18% |
| Month | +19.35% |
| Quarter | +23.76% |
| 6 Months | -24.71% |
| YTD | -24.41% |
| Year | -53.94% |
| 3 Years | -78.76% |
| 5 Years | -93.96% |
| 10 Years | -96.50% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $0.04 | 0 |
| 2026-06-23 | $0.04 | 8,216 |
| 2026-06-22 | $0.04 | 0 |
| 2026-06-18 | $0.04 | 0 |
| 2026-06-17 | $0.04 | 0 |
| 2026-06-16 | $0.04 | 0 |
| 2026-06-15 | $0.04 | 0 |
| 2026-06-12 | $0.04 | 0 |
| 2026-06-11 | $0.04 | 0 |
| 2026-06-10 | $0.04 | 0 |
| 2026-06-09 | $0.04 | 500 |
| 2026-06-08 | $0.04 | 0 |
| 2026-06-05 | $0.04 | 0 |
| 2026-06-04 | $0.04 | 2,276 |
| 2026-06-03 | $0.03 | 0 |
| 2026-06-02 | $0.03 | 0 |
| 2026-06-01 | $0.03 | 0 |
| 2026-05-29 | $0.03 | 0 |
| 2026-05-28 | $0.03 | 0 |
| 2026-05-27 | $0.03 | 0 |
| 2026-05-26 | $0.03 | 4,000 |
About Ionik Corporation
Ionik Corporation operates as a multi-platform technology company in the United States and internationally. It offers technology-enabled marketing and advertising solutions for brands, advertisers, and publishers. It operates through Marketing Optimization and Media Activation. Ionik Corporation is headquartered in Toronto, Canada.
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-09-30 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $111,803,000 | $84,884,000 | $40,501,000 | $6,245,480 |
| Cost Of Revenue | $111,803,000 | $84,884,000 | $40,501,000 | $6,245,480 |
| Total Revenue | $179,080,000 | $140,399,000 | $76,649,000 | $17,073,783 |
| Operating Revenue | $179,080,000 | $140,399,000 | $76,649,000 | $17,073,783 |
| Expenses | ||||
| Interest Expense | $12,780,000 | $8,924,000 | $2,913,000 | $783,332 |
| Total Expenses | $175,285,000 | $138,140,000 | $76,403,000 | $18,199,225 |
| Other Income Expense | $-13,728,000 | $-47,449,000 | $-3,689,000 | $3,594,205 |
| Other Non Operating Income Expenses | $-1,439,000 | - | $416,000 | $3,594,205 |
| Net Non Operating Interest Income Expense | $-12,780,000 | $-8,924,000 | $-2,913,000 | $-783,332 |
| Interest Expense Non Operating | $12,780,000 | $8,924,000 | $2,913,000 | $783,332 |
| Operating Expense | $63,482,000 | $53,256,000 | $35,902,000 | $11,953,745 |
| Selling And Marketing Expense | $18,009,000 | $18,710,000 | $12,602,000 | $2,169,515 |
| General And Administrative Expense | $20,556,000 | $14,906,000 | $9,320,000 | $4,216,256 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Net Interest Income | $-12,780,000 | $-8,924,000 | $-2,913,000 | $-783,332 |
| Normalized Income | $-10,253,273 | $-25,857,600 | $-2,084,194 | $1,594,470 |
| Net Income From Continuing And Discontinued Operation | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Net Income Common Stockholders | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Net Income | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Net Income Including Noncontrolling Interests | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Net Income Continuous Operations | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Pretax Income | $-22,713,000 | $-54,114,000 | $-6,356,000 | $1,685,431 |
| Special Income Charges | $-11,941,000 | $-46,942,000 | $-4,169,000 | $0 |
| Operating Income | $3,795,000 | $2,259,000 | $246,000 | $-1,125,442 |
| Depreciation Amortization Depletion Income Statement | $17,192,000 | $12,920,000 | $8,807,000 | $1,907,315 |
| Depreciation And Amortization In Income Statement | $17,192,000 | $12,920,000 | $8,807,000 | $1,907,315 |
| Gross Profit | $67,277,000 | $55,515,000 | $36,148,000 | $10,828,303 |
| Amortization Of Intangibles Income Statement | - | - | - | $1,907,315 |
| Per Share | ||||
| Diluted EPS | $-0.09 | $-0.22 | $-0.03 | $0.02 |
| Basic EPS | $-0.09 | $-0.22 | $-0.03 | $0.02 |
| Other | ||||
| Tax Effect Of Unusual Items | $-201,273 | $-18,979,600 | $-304,194 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $19,548,000 | $15,179,000 | $9,469,000 | $4,376,078 |
| Total Unusual Items | $-12,289,000 | $-47,449,000 | $-4,105,000 | $0 |
| Total Unusual Items Excluding Goodwill | $-12,289,000 | $-47,449,000 | $-4,105,000 | $0 |
| Reconciled Depreciation | $17,192,000 | $12,920,000 | $8,807,000 | $1,907,315 |
| EBITDA (Bullshit earnings) | $7,259,000 | $-32,270,000 | $5,364,000 | $4,376,078 |
| EBIT | $-9,933,000 | $-45,190,000 | $-3,443,000 | $2,468,763 |
| Diluted Average Shares | $290,267,812 | $280,758,544 | $182,486,476 | $77,111,022 |
| Basic Average Shares | $290,267,812 | $280,758,544 | $182,486,476 | $73,134,374 |
| Diluted NI Availto Com Stockholders | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Tax Provision | $-372,000 | $213,000 | $-471,000 | $90,961 |
| Gain On Sale Of Business | $2,882,000 | $0 | - | - |
| Other Special Charges | $-16,000 | $4,602,000 | $1,217,000 | - |
| Impairment Of Capital Assets | $14,052,000 | $41,270,000 | - | - |
| Restructuring And Mergern Acquisition | $787,000 | $1,070,000 | $2,953,000 | $0 |
| Gain On Sale Of Security | $-348,000 | $-507,000 | $64,000 | - |
| Research And Development | $7,725,000 | $6,720,000 | $5,173,000 | $3,660,659 |
| Selling General And Administration | $38,565,000 | $33,616,000 | $21,922,000 | $6,385,771 |
| Other Gand A | $20,556,000 | $14,906,000 | $9,320,000 | $4,216,256 |
| Gain On Sale Of Ppe | - | - | $1,000 | - |
| Amortization | - | - | - | $1,907,315 |
Fetched: 2026-02-06
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-09-30 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-163,119,000 | $-85,997,000 | $-46,035,000 | $2,436,774 |
| Total Assets | $206,237,000 | $139,510,000 | $150,297,000 | $26,932,959 |
| Total Non Current Assets | $150,296,000 | $91,490,000 | $124,559,000 | $13,749,929 |
| Other Non Current Assets | $979,000 | $1,769,000 | $873,000 | - |
| Non Current Deferred Assets | $5,649,000 | $1,997,000 | $93,000 | $351,515 |
| Non Current Deferred Taxes Assets | $5,649,000 | $1,997,000 | $93,000 | $78,171 |
| Goodwill And Other Intangible Assets | $142,928,000 | $86,906,000 | $122,913,000 | $12,019,867 |
| Other Intangible Assets | $91,660,000 | $61,321,000 | $67,804,000 | $9,413,934 |
| Current Assets | $55,941,000 | $48,020,000 | $25,738,000 | $13,183,030 |
| Other Current Assets | $1,191,000 | $1,368,000 | $537,000 | - |
| Assets Held For Sale Current | $215,000 | $9,069,000 | - | - |
| Prepaid Assets | $1,145,000 | $1,181,000 | $675,000 | $389,257 |
| Receivables | $38,825,000 | $29,006,000 | $15,675,000 | $1,707,645 |
| Accounts Receivable | $38,825,000 | $29,006,000 | $15,675,000 | $1,248,295 |
| Allowance For Doubtful Accounts Receivable | $-928,000 | $-1,210,000 | $-350,000 | $0 |
| Gross Accounts Receivable | $39,753,000 | $30,216,000 | $16,025,000 | $1,248,295 |
| Cash Cash Equivalents And Short Term Investments | $14,565,000 | $7,396,000 | $8,851,000 | $11,086,128 |
| Cash And Cash Equivalents | $14,565,000 | $7,396,000 | $8,851,000 | $11,028,381 |
| Cash Financial | $14,565,000 | $7,396,000 | $8,851,000 | - |
| Non Current Prepaid Assets | - | $20,000 | $72,000 | - |
| Non Current Accounts Receivable | - | - | - | $591,375 |
| Other Receivables | - | - | - | $105,908 |
| Taxes Receivable | - | - | - | $353,442 |
| Debt | ||||
| Net Debt | $116,578,000 | $85,678,000 | $38,323,000 | - |
| Total Debt | $132,377,000 | $94,373,000 | $47,651,000 | $5,598,783 |
| Long Term Debt And Capital Lease Obligation | $110,807,000 | $82,660,000 | $39,141,000 | $3,888,731 |
| Long Term Debt | $109,796,000 | $81,936,000 | $39,067,000 | $3,732,329 |
| Current Debt And Capital Lease Obligation | $21,570,000 | $11,713,000 | $8,510,000 | $1,710,052 |
| Current Debt | $21,347,000 | $11,138,000 | $8,107,000 | $1,173,122 |
| Other Current Borrowings | $21,347,000 | $11,138,000 | $8,107,000 | $1,173,122 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $226,428,000 | $138,601,000 | $73,419,000 | $12,476,318 |
| Total Non Current Liabilities Net Minority Interest | $146,706,000 | $83,215,000 | $43,948,000 | $5,738,364 |
| Other Non Current Liabilities | $31,708,000 | - | $1,329,000 | - |
| Derivative Product Liabilities | $795,000 | $0 | - | - |
| Non Current Deferred Liabilities | $3,396,000 | $555,000 | $3,152,000 | $119,438 |
| Non Current Deferred Taxes Liabilities | $3,396,000 | $349,000 | $3,035,000 | - |
| Current Liabilities | $79,722,000 | $55,386,000 | $29,471,000 | $6,737,954 |
| Other Current Liabilities | $2,387,000 | $1,656,000 | $1,282,000 | $1,083,593 |
| Current Deferred Liabilities | $388,000 | $2,873,000 | $2,464,000 | $2,560,171 |
| Payables And Accrued Expenses | $55,377,000 | $39,144,000 | $17,215,000 | $1,381,094 |
| Payables | $43,921,000 | $29,869,000 | $10,208,000 | $1,381,094 |
| Total Tax Payable | $427,000 | $4,855,000 | $828,000 | $28,455 |
| Accounts Payable | $43,494,000 | $25,014,000 | $9,380,000 | $1,352,639 |
| Income Tax Payable | - | - | - | $28,455 |
| Equity | ||||
| Common Stock Equity | $-20,191,000 | $909,000 | $76,878,000 | $14,456,641 |
| Total Equity Gross Minority Interest | $-20,191,000 | $909,000 | $76,878,000 | $14,456,641 |
| Stockholders Equity | $-20,191,000 | $909,000 | $76,878,000 | $14,456,641 |
| Other Equity Interest | $1,912,000 | $318,000 | - | $1,400,781 |
| Gains Losses Not Affecting Retained Earnings | $2,000 | $5,000 | $168,000 | $-22,031 |
| Other Equity Adjustments | $2,000 | $5,000 | $168,000 | $-22,031 |
| Retained Earnings | $-112,491,000 | $-87,049,000 | $-6,006,000 | $-11,628,275 |
| Other | ||||
| Ordinary Shares Number | $323,496,816 | $284,726,328 | $275,266,828 | $73,466,154 |
| Share Issued | $323,496,816 | $284,726,328 | $275,266,828 | $73,466,154 |
| Tangible Book Value | $-163,119,000 | $-85,997,000 | $-46,035,000 | $2,436,774 |
| Invested Capital | $110,952,000 | $93,983,000 | $124,052,000 | $19,362,092 |
| Working Capital | $-23,781,000 | $-7,366,000 | $-3,733,000 | $6,445,076 |
| Capital Lease Obligations | $1,234,000 | $1,299,000 | $477,000 | $693,332 |
| Total Capitalization | $89,605,000 | $82,845,000 | $115,945,000 | $18,188,970 |
| Additional Paid In Capital | $4,233,000 | $3,804,000 | $7,808,000 | - |
| Capital Stock | $86,153,000 | $83,831,000 | $74,908,000 | $24,706,166 |
| Common Stock | $86,153,000 | $83,831,000 | $74,908,000 | $24,706,166 |
| Non Current Deferred Revenue | $0 | $206,000 | $117,000 | $119,438 |
| Long Term Capital Lease Obligation | $1,011,000 | $724,000 | $74,000 | $156,402 |
| Current Deferred Revenue | $388,000 | $2,873,000 | $2,464,000 | $2,560,171 |
| Current Capital Lease Obligation | $223,000 | $575,000 | $403,000 | $536,930 |
| Current Accrued Expenses | $11,456,000 | $9,275,000 | $7,007,000 | - |
| Goodwill | $51,268,000 | $25,585,000 | $55,109,000 | $2,605,933 |
| Net PPE | $740,000 | $818,000 | $608,000 | $744,328 |
| Gross PPE | $740,000 | $818,000 | $693,000 | $1,194,569 |
| Other Properties | $740,000 | $818,000 | $650,000 | - |
| Employee Benefits | - | $0 | $326,000 | $384,864 |
| Accumulated Depreciation | - | $-309,000 | $-85,000 | $-450,241 |
| Machinery Furniture Equipment | - | $607,000 | $43,000 | $1,175,248 |
| Line Of Credit | - | - | $0 | - |
| Long Term Provisions | - | - | - | $1,345,331 |
| Current Provisions | - | - | - | $3,044 |
| Investments And Advances | - | - | - | $42,844 |
| Other Investments | - | - | - | $42,844 |
| Leases | - | - | - | $19,321 |
| Buildings And Improvements | - | - | - | $744,805 |
| Properties | - | - | - | $0 |
| Other Short Term Investments | - | - | - | $57,747 |
Fetched: 2026-02-06
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-09-30 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $11,875,000 | $9,210,000 | $3,869,000 | $113,123 |
| Operating Activities | ||||
| Operating Cash Flow | $12,206,000 | $10,297,000 | $4,592,000 | $930,590 |
| Cash Flow From Continuing Operating Activities | $12,206,000 | $10,297,000 | $4,592,000 | $930,590 |
| Operating Gains Losses | $-2,749,000 | $-86,000 | $29,000 | $77,735 |
| Investing Activities | ||||
| Capital Expenditure | $-331,000 | $-1,087,000 | $-723,000 | $-817,467 |
| Investing Cash Flow | $-14,699,000 | $-21,518,000 | $-6,641,000 | $-6,056,077 |
| Cash Flow From Continuing Investing Activities | $-14,699,000 | $-21,518,000 | $-6,641,000 | $-6,056,077 |
| Net Other Investing Changes | - | - | $28,000 | $68,239 |
| Financing Activities | ||||
| Financing Cash Flow | $9,037,000 | $12,805,000 | $8,795,000 | $-1,935,653 |
| Cash Flow From Continuing Financing Activities | $9,037,000 | $12,805,000 | $8,795,000 | $-1,935,653 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Other Financing Charges | - | $-592,000 | $-1,672,000 | $-100,000 |
| Issuance Of Capital Stock | - | - | - | $0 |
| Net Common Stock Issuance | - | - | - | $0 |
| Common Stock Issuance | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-32,411,000 | $-67,214,000 | $-44,858,000 | $-1,507,028 |
| Issuance Of Debt | $49,000,000 | $87,750,000 | $58,283,000 | $0 |
| End Cash Position | $14,565,000 | $7,396,000 | $8,851,000 | $11,028,381 |
| Beginning Cash Position | $7,396,000 | $7,795,000 | $2,042,000 | $18,097,649 |
| Effect Of Exchange Rate Changes | $45,000 | $-46,000 | $63,000 | $-8,128 |
| Changes In Cash | $7,124,000 | $-353,000 | $6,746,000 | $-7,061,140 |
| Cash Flow From Discontinued Operation | $580,000 | $-1,937,000 | - | - |
| Interest Paid Cff | $-7,552,000 | $-7,139,000 | $-2,958,000 | $-421,538 |
| Net Issuance Payments Of Debt | $16,589,000 | $20,536,000 | $13,425,000 | $-1,507,028 |
| Net Long Term Debt Issuance | $16,589,000 | $20,536,000 | $14,725,000 | $-1,507,028 |
| Long Term Debt Payments | $-32,411,000 | $-67,214,000 | $-40,675,000 | $-1,507,028 |
| Long Term Debt Issuance | $49,000,000 | $87,750,000 | $55,400,000 | $0 |
| Net Business Purchase And Sale | $-14,368,000 | $-20,431,000 | $-5,947,000 | $-5,306,849 |
| Sale Of Business | $7,507,000 | $0 | - | - |
| Purchase Of Business | $-21,875,000 | $-20,431,000 | $-5,947,000 | $-5,306,849 |
| Net Intangibles Purchase And Sale | $-284,000 | $-1,008,000 | $-668,000 | $-710,949 |
| Purchase Of Intangibles | $-284,000 | $-1,008,000 | $-668,000 | $-710,949 |
| Net PPE Purchase And Sale | $-47,000 | $-79,000 | $-54,000 | $-106,518 |
| Purchase Of PPE | $-47,000 | $-79,000 | $-55,000 | $-106,518 |
| Change In Working Capital | $-4,651,000 | $-1,755,000 | $-1,032,000 | $243,198 |
| Change In Other Working Capital | $-2,691,000 | $48,000 | $774,000 | $256,441 |
| Change In Other Current Assets | $3,906,000 | $-715,000 | $181,000 | - |
| Change In Payables And Accrued Expense | $-22,781,000 | $459,000 | $-1,854,000 | $452,612 |
| Change In Payable | $-22,781,000 | $459,000 | - | $452,612 |
| Change In Account Payable | $-18,353,000 | $-2,697,000 | - | $467,219 |
| Change In Tax Payable | $-4,428,000 | $3,156,000 | - | $-14,607 |
| Change In Income Tax Payable | $-4,428,000 | $3,156,000 | - | $-14,607 |
| Change In Prepaid Assets | $80,000 | $-100,000 | $156,000 | $-42,592 |
| Change In Receivables | $16,835,000 | $-1,447,000 | $-289,000 | $-423,263 |
| Changes In Account Receivables | $16,835,000 | $-1,447,000 | $-289,000 | $-187,080 |
| Other Non Cash Items | $12,943,000 | $13,526,000 | $3,759,000 | $523,743 |
| Stock Based Compensation | $639,000 | $1,432,000 | $484,000 | $200,417 |
| Unrealized Gain Loss On Investment Securities | $1,618,000 | $0 | $-38,000 | $-3,594,205 |
| Asset Impairment Charge | $13,233,000 | $42,109,000 | - | - |
| Deferred Tax | $-3,678,000 | $-3,522,000 | $-1,532,000 | $-22,083 |
| Deferred Income Tax | $-3,678,000 | $-3,522,000 | $-1,532,000 | $-22,083 |
| Depreciation Amortization Depletion | $17,192,000 | $12,920,000 | $8,807,000 | $1,907,315 |
| Depreciation And Amortization | $17,192,000 | $12,920,000 | $8,807,000 | $1,907,315 |
| Net Foreign Currency Exchange Gain Loss | $133,000 | $-86,000 | $30,000 | $88 |
| Gain Loss On Sale Of Business | $-2,882,000 | $0 | - | - |
| Net Income From Continuing Operations | $-22,341,000 | $-54,327,000 | $-5,885,000 | $1,594,470 |
| Amortization Cash Flow | - | $534,000 | - | $1,907,315 |
| Amortization Of Intangibles | - | $534,000 | - | $1,907,315 |
| Depreciation | - | $12,386,000 | - | - |
| Income Tax Paid Supplemental Data | - | - | $548,000 | $127,650 |
| Net Short Term Debt Issuance | - | - | $-1,300,000 | - |
| Short Term Debt Payments | - | - | $-4,183,000 | - |
| Short Term Debt Issuance | - | - | $2,883,000 | - |
| Sale Of PPE | - | - | $1,000 | - |
| Gain Loss On Sale Of PPE | - | - | $-1,000 | $-4,212 |
| Proceeds From Stock Option Exercised | - | - | - | $92,913 |
| Pension And Employee Benefit Expense | - | - | - | $81,859 |
Fetched: 2026-02-06