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I-ON Digital Corp. (IONI)

OTC Technology Software - Application
$0.14 ▲ +3.57%
Market Cap
$4.9M
Sector
Technology
Industry
Software - Application
Beta
3.18
52-Wk Range
0.11-2
CEO
Carlos X. Montoya
Country
US
Currency
USD

I-ON Digital Corp. operates in the Software - Application industry of the Technology sector, headquartered in Chicago, IL, US. The stock last traded at $0.14, up 3.57% on the session, giving a market capitalisation of $4.9M. On trailing twelve-month figures it carries a trailing P/E of 3.66, a net margin of 350.8%. Its beta of 3.18 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
3.66
Price / Sales
10.75
Price / Book
0.27
EV / EBITDA
-1.85
Gross margin
84.7%
Operating margin
-610.5%
Net margin
350.8%
Return on equity
Debt / equity
0.01
Current ratio
0.10
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
5
IPO date
2016-04-11
Headquarters
Chicago, IL, US
About I-ON Digital Corp.

I-ON Digital Corp. provides asset-digitization and securitization solutions. Its solutions are engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value of asset classes. The company develops, acquires, and deploys a portfolio of technologies that have been integrated and engineered into an ecosystem built on hybrid blockchain architecture that utilizes smart contracts and workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes. It serves claim holders of gold reserves; and high net worth investors within the banking and financial services sector. The company was formerly known as I-ON Communications Corp. and changed its name to I-ON Digital Corp. In May 2019. I-ON Digital Corp. was founded in 1999 and is headquartered in Chicago, Illinois.

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