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I-ON Digital Corp. (IONI) stock analysis

IONIOTCFinance ServicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 19, 2026Score 4/30
$0.13+0.01 (+8.47%)

Close on Oct 19, 2026Market cap $4.43MP/E –Yield –

StockData Score

Prices as of Nov 12, 2026How the score works

Value0Growth0Performance2Health2Dividend0

Weak4 of 30 checks passed

I-ON Digital passes 4 of the 30 checks behind our score; 21 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
0/6
Past performance
2/6
Financial health
2/6
Dividend
0/6

What stands out

  • Low debt

    Debt is 0.2% of shareholders' equity, under the 40% we consider low.

  • Return on equity above the industry

    I-ON Digital's return on equity of 9.0% is above the Finance services median of -33.5%.

  • Net margin above the industry

    I-ON Digital's net margin of 180% is above the Finance services median of -72.1%.

  • Debt falling against equity

    Debt to equity fell from 8.1% five years ago to 0.2%.

What to watch

  • Return on equity under 15%

    Return on equity was 9.0% over the last twelve months and averaged -3.8% over five years; we look for 15% on both.

  • Return on capital under 10%

    Return on invested capital was -13.4%, below the 10% that usually covers the cost of capital.

  • Debt not well covered by cash flow

    Operating cash flow over the last twelve months equals -4190% of total debt; we look for at least 20%.

  • Short-term assets don't cover short-term debts

    Current assets are 0.15 times current liabilities.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B against the industry

    Needs positive book value.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth0/6

  • Revenue growth over 3 years

    Needs three years of positive revenue.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growth against the industry

    Needs revenue for this year and last.

  • Company guidance

    No outlook found in earnings releases from the last twelve months.

  • Gross margin trend

    This company does not report gross profit.

Past performance2/6

  • Return on equity under 15%

    Return on equity was 9.0% over the last twelve months and averaged -3.8% over five years; we look for 15% on both.

  • Return on capital under 10%

    Return on invested capital was -13.4%, below the 10% that usually covers the cost of capital.

  • Return on equity above the industry

    I-ON Digital's return on equity of 9.0% is above the Finance services median of -33.5%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin against its history

    Needs five years of revenue and net income.

  • Net margin above the industry

    I-ON Digital's net margin of 180% is above the Finance services median of -72.1%.

Financial health2/6

  • Low debt

    Debt is 0.2% of shareholders' equity, under the 40% we consider low.

  • Debt falling against equity

    Debt to equity fell from 8.1% five years ago to 0.2%.

  • Debt not well covered by cash flow

    Operating cash flow over the last twelve months equals -4190% of total debt; we look for at least 20%.

  • Interest coverage

    Interest expense is not reported separately.

  • Short-term assets don't cover short-term debts

    Current assets are 0.15 times current liabilities.

  • Bankruptcy risk (Altman Z)

    Needs market value, working capital and retained earnings.

Dividend0/6

  • No dividend

    I-ON Digital has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for I-ON Digital. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Finance services median 11.5

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Margins

Share of revenue, fiscal years 2013 to 2025

Gross margin

100.0%+58.0 pts over 5 years

Operating margin

-638.7%−655.0 pts over 5 years

Net margin

-666.0%−681.5 pts over 5 years

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