Ionik Corporation (TSXV:INIK)

Ionik Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Sep 30, 2021
Cash & Equivalents	10.84	11.26	14.57	7.4	7.8	2.04
Cash & Short-Term Investments	10.84	11.26	14.57	7.4	7.8	2.04
Cash Growth	113.05%	-22.71%	96.93%	-5.12%	281.73%	-88.72%
Accounts Receivable	23.43	24	38.83	29.01	15.42	7.43
Receivables	23.43	24	38.83	29.01	15.42	7.43
Prepaid Expenses	0.83	1.01	1.15	1.18	0.74	0.16
Other Current Assets	0.95	0.75	1.41	10.44	0.36	-
Total Current Assets	36.05	37.02	55.94	48.02	24.31	9.64
Property, Plant & Equipment	0.26	0.37	0.74	0.82	0.7	0.31
Goodwill	51.27	51.27	51.27	25.59	44.55	27.58
Other Intangible Assets	29.04	42.74	91.66	61.32	52.28	28.35
Long-Term Deferred Tax Assets	1.06	0.14	5.65	2	1.53	-
Other Long-Term Assets	0.42	0.55	0.98	1.77	1.12	0.02
Total Assets	118.1	132.09	206.24	139.51	124.49	65.89

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Sep 30, 2021
Accounts Payable	19.9	27.59	43.49	25.01	7.61	3.3
Accrued Expenses	2.93	7.75	11.46	9.28	10.14	1.86
Short-Term Debt	-	-	-	-	-	1.3
Current Portion of Long-Term Debt	12.13	108.98	21.35	11.14	7.85	21.37
Current Portion of Leases	0.47	0.48	0.22	0.58	0.39	0.12
Current Income Taxes Payable	2.69	2.63	0.43	4.86	-	0.32
Current Unearned Revenue	2.89	0.26	0.39	2.87	2.06	0.05
Other Current Liabilities	0.35	6.11	2.39	1.66	1.07	1.8
Total Current Liabilities	41.36	153.79	79.72	55.39	29.11	30.12
Long-Term Debt	104.49	7.05	109.8	81.94	39.56	4.27
Long-Term Leases	0.16	0.38	1.01	0.72	0.15	0.17
Long-Term Unearned Revenue	-	-	-	0.21	0.16	-
Pension & Post-Retirement Benefits	-	-	-	-	0.33	-
Long-Term Deferred Tax Liabilities	3.01	2.82	3.4	0.35	2.44	2.81
Other Long-Term Liabilities	-	22.69	32.5	-	0.84	-
Total Liabilities	149.01	186.73	226.43	138.6	72.59	37.37

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Sep 30, 2021
Common Stock	96.19	88.65	86.15	83.83	73.72	28.55
Additional Paid-In Capital	6.75	4.27	4.23	3.8	2.12	-
Retained Earnings	-134.01	-147.78	-112.49	-87.05	-23.98	-0.12
Comprehensive Income & Other	0.16	0.22	1.91	0.32	0.05	0.09
Shareholders' Equity	-30.92	-54.64	-20.19	0.91	51.9	28.52
Total Liabilities & Equity	118.1	132.09	206.24	139.51	124.49	65.89

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Sep 30, 2021
Total Debt	117.24	116.89	132.38	94.37	47.95	27.23
Net Cash (Debt)	-106.4	-105.63	-117.81	-86.98	-40.15	-25.18
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.29	-0.30	-0.41	-0.31	-0.19	-0.19
Filing Date Shares Outstanding	587.13	360.21	354	286.36	282.12	2.88
Total Common Shares Outstanding	586.65	359.4	323.5	284.73	275.27	2.88
Working Capital	-5.31	-116.77	-23.78	-7.37	-4.8	-20.48
Book Value Per Share	-0.05	-0.15	-0.06	0.00	0.19	9.89
Tangible Book Value	-111.23	-148.66	-163.12	-86	-44.93	-27.41
Tangible Book Value Per Share	-0.19	-0.41	-0.50	-0.30	-0.16	-9.51
Machinery	-	-	-	-	0.34	0.05

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 10, 2026

Data Sources Report a data error