Ionik Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	192.23	179.08	140.4	114.13	17.07	18.01
Revenue Growth (YoY)	23.52%	27.55%	23.02%	568.43%	-5.20%	0.31%
Cost of Revenue	113.65	111.8	84.88	67.61	6.25	7.65
Gross Profit	78.58	67.28	55.52	46.52	10.83	10.36
Selling, General & Admin	39.24	38.57	33.62	29.77	6.39	3.48
Depreciation & Amortization Expenses	20.05	17.19	12.92	9.51	1.91	2.89
Research & Development	7.51	7.73	6.72	5.13	3.66	2.81
Other Operating Expenses	0.2	14.05	41.27	14.35	-	-
Operating Income	11.58	-10.26	-39.01	-12.24	-1.13	1.17
Interest Expense	5.03	-12.78	-8.92	-4.08	-0.78	-1.42
Other Non-Operating Income (Expense)	-0.55	0.32	-6.18	-2.87	3.59	-5.99
Total Non-Operating Income (Expense)	4.48	-12.46	-15.1	-6.95	2.81	-7.4
Pretax Income	-23.19	-22.71	-54.11	-19.18	1.69	-6.23
Provision for Income Taxes	2.63	-0.37	0.21	0.09	-	-
Net Income	-22.8	-22.34	-54.33	-19.28	1.69	-6.23
Earnings From Discontinued Operations	-0	-0	-0	-0	-	-
Net Income to Common	-22.8	-22.34	-54.33	-19.28	1.69	-6.23
Shares Outstanding (Basic)	340	290	281	205	73	48
Shares Outstanding (Diluted)	340	290	281	205	77	48
Shares Change (YoY)	18.80%	3.39%	36.66%	166.43%	61.24%	27.58%
EPS (Basic)	-0.09	-0.08	-0.19	-0.09	0.02	-0.13
EPS (Diluted)	-0.09	-0.08	-0.19	-0.09	0.02	-0.13
Free Cash Flow	27.26	12.16	10.22	6.91	0.82	2.54
Free Cash Flow Growth	124.19%	19.00%	47.96%	738.03%	-67.62%	353.18%
Free Cash Flow Per Share	0.08	0.04	0.04	0.03	0.01	0.05
Gross Margin	40.88%	37.57%	39.54%	40.76%	63.42%	57.53%
Operating Margin	6.03%	-5.73%	-27.79%	-10.72%	-6.59%	6.50%
Profit Margin	-11.86%	-12.48%	-38.69%	-16.89%	9.87%	-34.61%
FCF Margin	14.18%	6.79%	7.28%	6.05%	4.83%	14.13%
EBITDA	31.58	6.94	-26.09	-2.73	0.78	4.44
EBITDA Margin	16.43%	3.87%	-18.58%	-2.39%	4.58%	24.63%
EBIT	11.58	-10.26	-39.01	-12.24	-1.13	1.17
EBIT Margin	6.03%	-5.73%	-27.79%	-10.72%	-6.59%	6.50%
Effective Tax Rate	-11.32%	1.64%	-0.39%	-0.47%	0.00%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.