Ionic Digital Inc
IOND
82.54
-0.54
-0.65%
Ionic Digital Inc
US · IOND
#2319 by market cap
Listed 2026
82.54
-0.54
-0.65%
Live - 5344 symbols - heartbeat 431s ago
· 2026-10-08 03:25
After-hours
82.54
0.00%
Overnight
83.33
+0.96%
- Market cap
- 3.71B
- P/E (TTM)i
- -10.29
- P/Bi
- 7.27
- EPSi
- -5.51
- Div yieldi
- 0.00%
- 52W posi
- 83%
Reader sentiment
Are you bullish or bearish on IOND?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 36.07, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 5 years
Margins
- Gross margin
- 37.77%
- Operating margin
- -44.79%
- Net margin
- -175.20%
Key ratios & quality
- Altman Z-Scorei
- 36.07
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 150.06M | 146.67M | 115.45M | -- | 141.40M |
| Gross profit | 123.98M | 78.36M | 41.10M | -- | 53.40M |
| Selling & admin expenses | 12.02M | 31.51M | 51.26M | -- | 43.03M |
| Research & development | -- | -- | -- | -- | -- |
| Operating profit | 98.50M | -16.38M | -73.75M | -- | -63.33M |
| Pretax profit | 75.29M | -433.44M | -170.14M | -- | -313.78M |
| Tax | 18.31M | 2.66M | 290.00K | -- | -66.06M |
| Net profit | 56.98M | -436.10M | -170.43M | -- | -247.72M |
| Basic EPS | 1 | -10 | -5 | -- | -6 |
| Diluted EPS | 1.27 | -9.71 | -4.56 | -- | -5.51 |
| Line item | 2023-09 | 2023-12 | 2025-03 | 2025-06 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | -- | 41.58M | 41.08M | 37.19M | 51.44M | 48.65M |
| Gross profit | -- | 17.29M | 15.87M | 14.94M | 45.37M | 45.38M |
| Selling & admin expenses | -- | 17.79M | 7.11M | 10.80M | 16.24M | 19.47M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -- | -15.07M | -7.95M | -13.03M | 23.37M | 20.82M |
| Pretax profit | -- | -76.45M | -35.42M | 40.70M | -29.33M | -8.06M |
| Tax | -- | 274.00K | -7.39M | 8.79M | -16.34M | 27.25M |
| Net profit | -- | -76.73M | -28.03M | 31.91M | -12.98M | -35.31M |
| Basic EPS | -- | -2 | -1 | 1 | 0 | -1 |
| Diluted EPS | -- | -1.71 | -0.62 | 0.71 | -0.29 | -0.94 |
Balance sheet
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total current assets | 36.16M | 81.89M | 270.31M | 283.84M | 303.34M |
| Cash & ST investments | 18.46M | 41.00M | 217.96M | 271.83M | 281.46M |
| Inventory | -- | -- | -- | -- | -- |
| Total assets | 467.96M | 365.30M | 745.24M | 817.89M | 605.00M |
| Total current liabilities | 30.25M | 18.36M | 6.17M | 12.59M | 60.67M |
| Short-term debt | -- | -- | 36.00K | -- | -- |
| Long-term debt | 381.09M | 644.05M | -- | -- | -- |
| Total liabilities | 411,339,000.00 | 744,776,000.00 | 6,390,000.00 | 30,263,000.00 | 61,597,000.00 |
| Total equity | 56.62M | -379.47M | 738.85M | 787.63M | 543.41M |
| Retained earnings | -- | -379.47M | -12.94M | 40.15M | -207.58M |
| Line item | 2023-09 | 2023-12 | 2025-03 | 2025-06 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 322.55M | 270.31M | -- | -- | 246.60M | 642.57M |
| Cash & ST investments | 276.52M | 217.96M | -- | -- | 227.00M | 584.42M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 751.22M | 745.24M | -- | -- | 554.03M | 922.52M |
| Total current liabilities | 6.85M | 6.17M | -- | -- | 16.18M | 26.35M |
| Short-term debt | -- | 36.00K | -- | -- | -- | -- |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 6,848,000.00 | 6,390,000.00 | -- | -- | 17,159,000.00 | 411,962,000.00 |
| Total equity | 744.38M | 738.85M | -- | -- | 536.87M | 510.56M |
| Retained earnings | -11.69M | -12.94M | -- | -- | -220.56M | -255.87M |
Cash flow
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | -46.00M | -95.01M | -84.78M | -- | -96.53M |
| Depreciation & amortization | 13.36M | 62.19M | 66.21M | -- | 66.72M |
| Free cash flow | -121.04M | -196.46M | -110.16M | -- | -107.59M |
| Dividends paid | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | 0 |
| Ending cash balance | 11.12M | 38.60M | 33.66M | -- | 43.51M |
| Line item | 2023-09 | 2023-12 | 2025-03 | 2025-06 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -18.18M | -37.63M | -33.63M | -10.45M | -15.49M |
| Depreciation & amortization | -- | 18.42M | 16.46M | 16.92M | 5.58M | 4.91M |
| Free cash flow | -- | -34.20M | -40.95M | -34.46M | -10.64M | -21.13M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | 33.66M | 40.20M | 37.25M | 34.92M | 415.74M |
Returns & efficiency
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| ROE %i | 100.62 | -- | -94.85 | -- | -37.22 |
| ROA %i | 12.18 | -112.01 | -30.69 | -- | -34.82 |
| ROIC %i | 15.98 | -- | -33.95 | -- | -37.36 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- |
| EBIT margin %i | 63.91 | -294.43 | -147.38 | -- | -44.79 |
| FCF / sales %i | -- | -- | -- | -- | -- |
| Current ratioi | 1.20 | 4.46 | 43.79 | 22.55 | 5.00 |
| Quick ratioi | 0.61 | 2.23 | 37.39 | 21.82 | 4.81 |
| Debt / assetsi | 81.44 | 176.38 | 0.03 | 0.02 | 0.03 |
| LT debt / equityi | 673.02 | -- | 0.03 | 0.02 | 0.03 |
| Interest coveragei | 4.65 | -13.41 | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -1.21 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- |
| Line item | 2023-09 | 2023-12 | 2025-03 | 2025-06 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -46.77 | -94.85 | -- | -- | -43.34 | -58.74 |
| ROA %i | -46.34 | -30.69 | -- | -- | -42.00 | -32.51 |
| ROIC %i | -46.77 | -33.95 | -- | -- | -43.49 | -58.89 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -348.18 | -147.38 | -- | -- | -21.09 | 1.12 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 47.10 | 43.79 | -- | -- | 15.24 | 24.39 |
| Quick ratioi | 40.38 | 37.39 | -- | -- | 14.55 | 24.04 |
| Debt / assetsi | -- | 0.03 | -- | -- | 0.03 | 0.02 |
| LT debt / equityi | -- | 0.03 | -- | -- | 0.03 | 0.03 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Digital Infrastructure Segment is the largest reported line at 85.61% of revenue, across 2 reported segments.
- The next-largest line, Cryptocurrency mining segment, is a distant second at 14.39% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Digital Infrastructure Segment85.61%
Cryptocurrency mining segment14.39%
Quote time 2026-10-08 03:25:00 · For reference only, not investment advice and not tailored to your situation.