Ionik Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	195.29	168.06	140.4	114.13	17.07
Revenue Growth (YoY)	16.20%	19.70%	23.02%	568.43%	-5.20%
Cost of Revenue	115.41	103.75	84.88	67.61	6.25
Gross Profit	79.88	64.32	55.52	46.52	10.83
Selling, General & Admin	39.43	35.62	33.62	29.77	6.39
Depreciation & Amortization Expenses	19.95	16.12	12.92	9.51	1.91
Research & Development	7.14	7.25	6.72	5.13	3.66
Other Operating Expenses	29.53	5.85	41.27	14.35	-
Total Operating Expenses	96.05	64.83	94.53	58.76	11.95
Operating Income	-16.16	-0.51	-39.01	-12.24	-1.13
Interest Expense	-18.29	-12.78	-8.92	-4.08	-0.78
Other Non-Operating Income (Expense)	10.07	0.45	-6.18	-2.87	3.59
Total Non-Operating Income (Expense)	-8.21	-12.33	-15.1	-6.95	2.81
Pretax Income	-24.38	-12.85	-54.11	-19.18	1.69
Provision for Income Taxes	9.54	-0.58	0.21	0.09	-
Net Income	-33.92	-12.26	-54.33	-19.28	1.69
Earnings From Discontinued Operations	0	-0	-0	-0	-
Net Income to Common	-33.92	-12.26	-54.33	-19.28	1.69
Shares Outstanding (Basic)	355	290	281	205	73
Shares Outstanding (Diluted)	355	290	281	205	77
Shares Change (YoY)	22.39%	3.39%	36.66%	166.43%	61.24%
EPS (Basic)	-0.10	-0.04	-0.19	-0.09	0.02
EPS (Diluted)	-0.10	-0.04	-0.19	-0.09	0.02
Shares Outstanding	355.26	294	280.76	275.27	73.47
Free Cash Flow	34.22	7.69	10.22	6.91	0.82
Free Cash Flow Growth	344.76%	-24.70%	47.96%	738.03%	-67.62%
Free Cash Flow Per Share	0.10	0.03	0.04	0.03	0.01
Gross Margin	40.90%	38.27%	39.54%	40.76%	63.42%
Operating Margin	-8.28%	-0.31%	-27.79%	-10.72%	-6.59%
Profit Margin	-17.37%	-7.30%	-38.69%	-16.89%	9.87%
FCF Margin	17.52%	4.58%	7.28%	6.05%	4.83%
EBITDA	3.79	15.61	-26.09	-2.73	0.78
EBITDA Margin	1.94%	9.29%	-18.58%	-2.39%	4.58%
EBIT	-16.16	-0.51	-39.01	-12.24	-1.13
EBIT Margin	-8.28%	-0.31%	-27.79%	-10.72%	-6.59%
Effective Tax Rate	-39.14%	4.55%	-0.39%	-0.47%	0.00%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.