Ionic Digital Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	151.76	141.4	153.81	115.45
Revenue Growth	-	-8.07%	33.23%	-
Cost of Revenue	68.85	88	100.15	74.35
Gross Profit	82.9	53.4	53.66	41.1
Selling, General & Admin	58.16	49.03	43.23	11.68
Other Operating Expenses	0.94	1	1.3	8.03
Operating Expenses	114.91	116.73	93.11	85.92
Operating Income	-32.01	-63.33	-39.46	-44.82
Interest & Investment Income	1.2	1.22	1.89	-
Other Non Operating Income (Expenses)	-45.08	-19.59	77.3	11.28
EBT Excluding Unusual Items	-75.89	-81.7	39.73	-33.54
Impairment of Goodwill	-68.17	-68.17	-	-
Gain (Loss) on Sale of Investments	-	-	2.42	-
Gain (Loss) on Sale of Assets	-9.88	-10.16	-1.47	2.06
Asset Writedown	-150.33	-150.33	-	-23.69
Legal Settlements	-3.43	-3.43	6.82	-
Other Unusual Items	-	-	-5.42	-86.04
Pretax Income	-307.69	-313.78	42.08	-141.21
Income Tax Expense	-75.01	-66.06	12.33	0.29
Net Income	-232.68	-247.72	29.76	-141.5
Preferred Dividends & Other Adjustments	-	-	-10.39	-
Net Income to Common	-232.68	-247.72	40.15	-141.5
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	37	37	37	-
Shares Outstanding (Diluted)	37	37	37	-
Shares Change	-	-	-	-
EPS (Basic)	-6.23	-6.63	1.07	-
EPS (Diluted)	-6.23	-6.63	1.07	-
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	-77.28	-107.59	-208.37	-110.16
Free Cash Flow Per Share	-2.07	-2.88	-5.58	-
Gross Margin	54.63%	37.77%	34.88%	35.60%
Operating Margin	-21.09%	-44.79%	-25.65%	-38.83%
Profit Margin	-153.32%	-175.20%	26.10%	-122.57%
Free Cash Flow Margin	-50.92%	-76.09%	-135.47%	-95.42%
EBITDA	23.83	3.4	9.14	21.39
EBITDA Margin	15.71%	2.40%	5.94%	18.53%
D&A For EBITDA	55.84	66.72	48.59	66.21
EBIT	-32.01	-63.33	-39.46	-44.82
EBIT Margin	-21.09%	-44.79%	-25.65%	-38.83%
Effective Tax Rate	-	-	29.29%	-
Revenue as Reported	151.76	141.4	153.81	-

SEC Filings: 10-K · 10-Q