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)
Type
Public
HQ
Duluth, US
Founded
1952
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

CEO
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 Data and Metrics

Ikonics Corporation Financial Metrics

Ikonics Corporation's revenue was reported to be $3.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

3.6 m

Gross profit (Q1, 2017)

1.1 m

Gross profit margin (Q1, 2017), %

30%

Net income (Q1, 2017)

(378.9 k)

EBIT (Q1, 2017)

(586.2 k)

Market capitalization (15-Aug-2017)

17.6 m

Cash (31-Dec-2014)

1.9 m
Ikonics Corporation's current market capitalization is $17.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

17.5 m18.5 m17.6 m17.6 m

Revenue growth, %

6%(5%)0%

Cost of goods sold

10.6 m11.8 m11.4 m11.3 m

Gross profit

6.9 m6.7 m6.1 m6.2 m

Gross profit Margin, %

40%36%35%35%

R&D expense

649.3 k665 k647.1 k

General and administrative expense

5.4 m5.1 m5.6 m

Operating expense total

6 m5.8 m6.3 m

EBIT

920.1 k913.5 k220.8 k(22 k)

EBIT margin, %

5%5%1%(0%)

Interest expense

58.2 k

Pre tax profit

927.2 k918.8 k225 k(69.1 k)

Income tax expense

245 k270 k(4 k)

Net Income

682.2 k648.8 k135 k(65.1 k)
USDQ2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

4.9 m4.5 m4.7 m4.5 m4 m4.2 m4.6 m3.6 m

Cost of goods sold

3.2 m2.9 m3 m2.9 m2.7 m2.7 m2.9 m2.5 m

Gross profit

1.7 m1.6 m1.6 m1.6 m1.3 m1.5 m1.7 m1.1 m

Gross profit Margin, %

35%36%35%36%32%36%36%30%

R&D expense

177.5 k169.1 k192.5 k157.8 k177.9 k147.1 k150.2 k165.8 k

General and administrative expense

1.2 m1.3 m1.3 m1.3 m1.4 m1.3 m1.4 m1.5 m

Operating expense total

1.4 m1.5 m1.4 m1.4 m1.6 m1.5 m1.5 m1.7 m

EBIT

293 k176.7 k194.7 k189.4 k(320.3 k)49.9 k159.7 k(586.2 k)

EBIT margin, %

6%4%4%4%(8%)1%3%(16%)

Interest expense

(15 k)(21.7 k)(20.8 k)

Interest income

1.6 k

Pre tax profit

294.5 k176.8 k196.2 k190.2 k(320.2 k)37 k142.5 k(601.8 k)

Income tax expense

96.1 k37.8 k168.5 k73.5 k(127.4 k)(2.3 k)60.2 k(222.9 k)

Net Income

198.4 k139 k27.7 k116.8 k(192.8 k)39.2 k82.3 k(378.9 k)
USDFY, 2013FY, 2014

Cash

1.7 m1.9 m

Inventories

2.6 m2.6 m

Current Assets

8 m8.9 m

Total Assets

14 m14.6 m

Accounts Payable

532.3 k371.2 k

Current Liabilities

875 k744.5 k

Additional Paid-in Capital

2.6 m2.7 m

Retained Earnings

9.8 m10.5 m

Total Equity

12.6 m13.3 m

Financial Leverage

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

Net Income

682.2 k648.8 k135 k(65.1 k)

Depreciation and Amortization

568.8 k635.6 k

Inventories

123.9 k(75.7 k)2.1 m2 m

Accounts Payable

(61.6 k)(161.1 k)

Cash From Operating Activities

1.5 m916.7 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 k46 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

198.4 k139 k27.7 k116.8 k(192.8 k)39.2 k82.3 k(378.9 k)

Inventories

2.6 m2.7 m2.7 m2.4 m2.3 m2.3 m2.2 m2.1 m2.2 m

Accounts Payable

511.7 k797.1 k857.7 k596.2 k842.1 k
USDY, 2017

Revenue/Employee

48.4 k

Ikonics Corporation Market Value History

Traffic Overview of Ikonics Corporation

Ikonics Corporation Online and Social Media Presence

Ikonics Corporation Company Life and Culture

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