Ionik Corporation (TSXV:INIK)

Ionik Statistics

Total Valuation

Ionik has a market cap or net worth of CAD 39.22 million. The enterprise value is 203.04 million.

Market Cap	39.22M
Enterprise Value	203.04M

Important Dates

The next estimated earnings date is Thursday, November 27, 2025.

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

Share Statistics

Ionik has 356.55 million shares outstanding. The number of shares has increased by 16.76% in one year.

Current Share Class	356.55M
Shares Outstanding	356.55M
Shares Change (YoY)	+16.76%
Shares Change (QoQ)	+0.18%
Owned by Insiders (%)	25.64%
Owned by Institutions (%)	0.07%
Float	236.47M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.15
PB Ratio	-1.11
P/TBV Ratio	n/a
P/FCF Ratio	2.02
P/OCF Ratio	2.02
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.50, with an EV/FCF ratio of 10.48.

EV / Earnings	-5.69
EV / Sales	0.79
EV / EBITDA	5.50
EV / EBIT	19.24
EV / FCF	10.48

Financial Position

The company has a current ratio of 0.33

Current Ratio	0.33
Quick Ratio	0.32
Debt / Equity	n/a
Debt / EBITDA	4.62
Debt / FCF	8.81
Interest Coverage	0.45

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	3.10%
Return on Invested Capital (ROIC)	5.17%
Return on Capital Employed (ROCE)	14.62%
Revenue Per Employee	1.15M
Profits Per Employee	-160,104
Employee Count	343
Asset Turnover	1.20
Inventory Turnover	n/a

Taxes

In the past 12 months, Ionik has paid 563,274 in taxes.

Income Tax	563,274
Effective Tax Rate	n/a

Stock Price Statistics

Beta (5Y)	0.59
52-Week Price Change	n/a
50-Day Moving Average	0.12
200-Day Moving Average	0.11
Relative Strength Index (RSI)	45.78
Average Volume (20 Days)	11,023

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 255.96 million and -35.70 million in losses. Loss per share was -0.11.

Revenue	255.96M
Gross Profit	102.29M
Operating Income	10.55M
Pretax Income	-35.14M
Net Income	-35.70M
EBITDA	36.92M
EBIT	10.55M
Loss Per Share	-0.11

Balance Sheet

The company has 6.94 million in cash and 170.76 million in debt, giving a net cash position of -163.82 million or -0.46 per share.

Cash & Cash Equivalents	6.94M
Total Debt	170.76M
Net Cash	-163.82M
Net Cash Per Share	-0.46
Equity (Book Value)	-35.48M
Book Value Per Share	-0.10
Working Capital	-120.77M

Cash Flow

In the last 12 months, operating cash flow was 19.44 million and capital expenditures -64,101, giving a free cash flow of 19.38 million.

Operating Cash Flow	19.44M
Capital Expenditures	-64,101
Free Cash Flow	19.38M
FCF Per Share	0.05

Margins

Gross margin is 39.96%, with operating and profit margins of 4.12% and -13.95%.

Gross Margin	39.96%
Operating Margin	4.12%
Pretax Margin	-13.73%
Profit Margin	-13.95%
EBITDA Margin	14.42%
EBIT Margin	4.12%
FCF Margin	7.57%

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	-16.76%
Shareholder Yield	n/a
Earnings Yield	-91.03%
FCF Yield	49.41%

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 -0.25 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.25
Piotroski F-Score	6