Ikonics Corporation

Derived from the Greek, eikon, or image, the fundamental business of the IKONICS Corporation is the creation and transfer of physical and visual images. Through processes based in photochemistry, abrasive etching, chemical etching and other technologies, IKONICS participates in a diverse spectrum of markets. From traditional and high-tech screen printing, to decorative and industrial etching and imaging, IKONICS Corporation conducts business in over 90 countries.
Company Growth (employees)
Duluth, US
Size (employees)
75 (est)
Ikonics Corporation was founded in 1952 and is headquartered in Duluth, US

Key People at Ikonics Corporation

Bill Ulland

Bill Ulland

Jon Gerlach

Jon Gerlach

CFO/Vice President Finance
Claude Piguet

Claude Piguet

Executive Vice President

Ikonics Corporation Office Locations

Ikonics Corporation has an office in Duluth
Duluth, US (HQ)
4832 Grand Ave

Ikonics Corporation Metrics

Ikonics Corporation Financial Metrics

Revenue (2016)

$17.6 m

Revenue growth (2015-16), %


Gross profit

$6.2 m

Gross profit margin (2016), %


Net income (2016)

($65.1 k)

Market capitalization (28-Apr-2017)

$17.7 m

Closing share price (28-Apr-2017)

Ikonics Corporation's current market capitalization is $17.7 m.
Ikonics Corporation's revenue was reported to be $17.6 m in FY, 2016
FY, 2013FY, 2014FY, 2015FY, 2016


$17.5 m$18.5 m$17.6 m$17.6 m

Revenue growth, %


Cost of goods sold

$10.6 m$11.8 m$11.4 m$11.3 m

Gross profit

$6.9 m$6.7 m$6.1 m$6.2 m

Gross profit Margin, %


R&D expense

$649.3 k$665 k

General and administrative expense

$5.4 m$5.1 m

Operating expense total

$6 m$5.8 m


$920.1 k$913.5 k$220.8 k($22 k)

EBIT margin, %


Interest expense

$58.2 k

Pre tax profit

$927.2 k$918.8 k$225 k($69.1 k)

Income tax expense

$245 k$270 k($4 k)

Net Income

$682.2 k$648.8 k$135 k($65.1 k)
FY, 2013FY, 2014FY, 2015FY, 2016


$1.7 m$1.9 m

Accounts Receivable


$2.6 m$2.6 m

Current Assets

$8 m$8.9 m

Total Assets

$14 m$14.6 m

Accounts Payable

$532.3 k$371.2 k

Current Liabilities

$875 k$744.5 k

Additional Paid-in Capital

$2.6 m$2.7 m

Retained Earnings

$9.8 m$10.5 m

Total Equity

$12.6 m$13.3 m

Financial Leverage

1.1 x1.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$682.2 k$648.8 k$135 k($65.1 k)

Depreciation and Amortization

$568.8 k$635.6 k

Accounts Receivable


$123.9 k($75.7 k)$2.1 m$2 m

Accounts Payable

($61.6 k)($161.1 k)

Cash From Operating Activities

$1.5 m$916.7 k

Purchases of PP&E

($762.5 k)($434.5 k)

Cash From Investing Activities

($819.6 k)($730.8 k)

Cash From Financing Activities

$89.4 k$46 k

Ikonics Corporation Market Value History

Ikonics Corporation Online Presence

Ikonics Corporation Company Life

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