Ionik Corporation (TSXV:INIK)

Ionik Statistics

Total Valuation

Ionik has a market cap or net worth of CAD 35.76 million. The enterprise value is 196.06 million.

Market Cap	35.76M
Enterprise Value	196.06M

Important Dates

The last earnings date was Thursday, November 27, 2025.

Earnings Date	Nov 27, 2025
Ex-Dividend Date	n/a

Share Statistics

Ionik has 357.59 million shares outstanding. The number of shares has increased by 18.66% in one year.

Current Share Class	357.59M
Shares Outstanding	357.59M
Shares Change (YoY)	+18.66%
Shares Change (QoQ)	-0.82%
Owned by Insiders (%)	25.67%
Owned by Institutions (%)	0.07%
Float	237.43M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.13
PB Ratio	-0.93
P/TBV Ratio	n/a
P/FCF Ratio	0.94
P/OCF Ratio	0.94
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.68, with an EV/FCF ratio of 5.16.

EV / Earnings	-5.61
EV / Sales	0.71
EV / EBITDA	4.68
EV / EBIT	15.20
EV / FCF	5.16

Financial Position

The company has a current ratio of 0.35

Current Ratio	0.35
Quick Ratio	0.33
Debt / Equity	n/a
Debt / EBITDA	4.03
Debt / FCF	4.44
Interest Coverage	0.50

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	2.98%
Return on Invested Capital (ROIC)	5.39%
Return on Capital Employed (ROCE)	17.60%
Revenue Per Employee	1.22M
Profits Per Employee	-154,753
Employee Count	343
Asset Turnover	1.02
Inventory Turnover	n/a

Taxes

Income Tax	-766,090
Effective Tax Rate	n/a

Stock Price Statistics

Beta (5Y)	0.60
52-Week Price Change	n/a
50-Day Moving Average	0.10
200-Day Moving Average	0.11
Relative Strength Index (RSI)	53.06
Average Volume (20 Days)	51,653

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Ionik had revenue of CAD 275.04 million and -34.97 million in losses. Loss per share was -0.10.

Revenue	275.04M
Gross Profit	111.53M
Operating Income	12.90M
Pretax Income	-35.74M
Net Income	-34.97M
EBITDA	41.89M
EBIT	12.90M
Loss Per Share	-0.10

Balance Sheet

The company has 8.40 million in cash and 168.70 million in debt, giving a net cash position of -160.30 million or -0.45 per share.

Cash & Cash Equivalents	8.40M
Total Debt	168.70M
Net Cash	-160.30M
Net Cash Per Share	-0.45
Equity (Book Value)	-38.28M
Book Value Per Share	-0.11
Working Capital	-117.76M

Cash Flow

In the last 12 months, operating cash flow was 38.03 million and capital expenditures -62,680, giving a free cash flow of 37.97 million.

Operating Cash Flow	38.03M
Capital Expenditures	-62,680
Free Cash Flow	37.97M
FCF Per Share	0.11

Margins

Gross margin is 40.55%, with operating and profit margins of 4.69% and -12.72%.

Gross Margin	40.55%
Operating Margin	4.69%
Pretax Margin	-12.99%
Profit Margin	-12.72%
EBITDA Margin	15.23%
EBIT Margin	4.69%
FCF Margin	13.80%

Dividends & Yields

Ionik does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-18.66%
Shareholder Yield	-18.66%
Earnings Yield	-97.81%
FCF Yield	106.18%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Ionik has an Altman Z-Score of -0.15 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.15
Piotroski F-Score	6