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Ionic Brands Corp
CNSX:IONC

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Ionic Brands Corp
CNSX:IONC
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Price: 0.005 CAD Market Closed
Market Cap: CA$674.2k

Gross Margin

14.6%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
14.6%
=
Gross Profit
$3.7m
/
Revenue
$25.2m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
14.6%
=
Gross Profit
CA$3.7m
/
Revenue
$25.2m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Ionic Brands Corp
CNSX:IONC
674.2k CAD
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US
Philip Morris International Inc
NYSE:PM
269B USD
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UK
British American Tobacco PLC
LSE:BATS
100.2B GBP
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US
Altria Group Inc
NYSE:MO
112.1B USD
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JP
Japan Tobacco Inc
TSE:2914
10.4T JPY
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IN
ITC Ltd
NSE:ITC
3.8T INR
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UK
Imperial Brands PLC
LSE:IMB
26B GBP
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SE
Swedish Match AB
F:SWMC
15.2B EUR
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KR
KT&G Corp
KRX:033780
16.1T KRW
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CN
Smoore International Holdings Ltd
HKEX:6969
72.1B HKD
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ID
Hanjaya Mandala Sampoerna Tbk PT
IDX:HMSP
85.5T IDR
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Market Distribution

Lower than 78% of companies in Canada
Percentile
22st
Based on 4 108 companies
22st percentile
14.6%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Ionic Brands Corp
Glance View

Market Cap
674.2k CAD
Industry
Tobacco

Ionic Brands Corp. is a national cannabis holdings company. The company is headquartered in Concord, Ontario. The company went IPO on 2012-12-10. The firm is engaged in the provision of services and products ancillary to the cannabis production and processing industry in the States of Washington and Oregon. The Company, through its operating subsidiaries, delivers solutions to cannabis processors and producers. The Company’s brands include IONIC, Dabulous and Zoots and processes were developed for the oil-infused products category in the cannabis industry. The firm procures and supplies packaging and devise, including vape pens, both refillable and disposable, cartridges, applicators, jars and brand, and packaging and labeling for the licensee. The Company’s subsidiaries include Blacklist Finco Inc., Blacklist Holdings OR Inc., Blacklist Brands CA Inc. Natural Extractions, Inc. and Vegas Valley Capital Corp.

IONC Intrinsic Value
Not Available
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
14.6%
=
Gross Profit
$3.7m
/
Revenue
$25.2m
How has Gross Margin changed over time?

Over the last 3 years, Ionic Brands Corp’s Gross Margin has decreased from 54.5% to 14.6%. During this period, it reached a low of 3.2% on Jun 30, 2020 and a high of 54.5% on Mar 31, 2019.

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