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 compan… Read more
I-On Digital Corp (IONI) - Net Assets
Latest net assets as of September 2025: $14.89 Million USD
Based on the latest financial reports, I-On Digital Corp (IONI) has net assets worth $14.89 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.15 Million) and total liabilities ($3.27 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.89 Million |
| % of Total Assets | 82.01% |
| Annual Growth Rate | 31.71% |
| 5-Year Change | 69.78% |
| 10-Year Change | 2326.35% |
| Growth Volatility | 253.5 |
I-On Digital Corp - Net Assets Trend (2014–2024)
This chart illustrates how I-On Digital Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for I-On Digital Corp (2014–2024)
The table below shows the annual net assets of I-On Digital Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $15.78 Million | -10.80% |
| 2023-12-31 | $17.69 Million | +759.05% |
| 2022-12-31 | $2.06 Million | -81.09% |
| 2021-12-31 | $10.89 Million | +17.15% |
| 2020-12-31 | $9.30 Million | +31.70% |
| 2019-12-31 | $7.06 Million | -5.06% |
| 2018-12-31 | $7.44 Million | +1581.12% |
| 2017-12-31 | $-501.99K | -159.00% |
| 2016-12-31 | $850.85K | +30.80% |
| 2015-12-31 | $650.48K | -35.24% |
| 2014-12-31 | $1.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to I-On Digital Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 540651400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $21.19 Million | 134.26% |
| Total Equity | $15.78 Million | 100.00% |
I-On Digital Corp Competitors by Market Cap
The table below lists competitors of I-On Digital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
City Service SE
WAR:CTS
|
$7.50 Million |
|
Eason & Co Public Company Limited
BK:EASON
|
$7.50 Million |
|
Waskita Beton Precast Tbk PT
JK:WSBP
|
$7.50 Million |
|
Maris Tech Ltd
NASDAQ:MTEK
|
$7.50 Million |
|
NICAN Limited
V:NICN
|
$7.50 Million |
|
Dilli Illustrate Inc
KQ:131180
|
$7.49 Million |
|
Torq Resources Inc
OTCQB:TRBMF
|
$7.49 Million |
|
Planet Image International Limited Class A Ordinary Shares
NASDAQ:YIBO
|
$7.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I-On Digital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,692,958 to 15,782,945, a change of -1,910,013 (-10.8%).
- Net loss of 1,910,013 reduced equity.
- Other comprehensive income increased equity by 176,342.
- Other factors decreased equity by 176,342.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.91 Million | -12.1% |
| Other Comprehensive Income | $176.34K | +1.12% |
| Other Changes | $-176.34K | -1.12% |
| Total Change | $- | -10.80% |
Book Value vs Market Value Analysis
This analysis compares I-On Digital Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.00 | $0.32 | x |
| 2014-12-31 | $0.10 | $0.32 | x |
| 2015-12-31 | $0.15 | $0.32 | x |
| 2016-12-31 | $0.18 | $0.32 | x |
| 2017-12-31 | $-0.10 | $0.32 | x |
| 2018-12-31 | $0.21 | $0.32 | x |
| 2019-12-31 | $0.20 | $0.32 | x |
| 2020-12-31 | $0.27 | $0.32 | x |
| 2021-12-31 | $0.32 | $0.32 | x |
| 2022-12-31 | $-0.14 | $0.32 | x |
| 2023-12-31 | $0.68 | $0.32 | x |
| 2024-12-31 | $0.51 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I-On Digital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5854.45%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (-12.10%) is above the historical average (-14.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.01% | 5.93% | 1.24x | 1.63x | $20.21K |
| 2015 | -54.41% | -18.13% | 1.45x | 2.08x | $-418.97K |
| 2016 | -132.54% | -57.70% | 1.01x | 2.27x | $-1.21 Million |
| 2017 | 0.00% | -62.12% | 0.87x | 0.00x | $-1.40 Million |
| 2018 | 1.11% | 1.16% | 0.72x | 1.33x | $-661.30K |
| 2019 | -10.03% | -8.89% | 0.81x | 1.39x | $-1.41 Million |
| 2020 | 17.44% | 15.47% | 0.80x | 1.42x | $691.43K |
| 2021 | 19.57% | 13.36% | 1.12x | 1.30x | $1.06 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.07K |
| 2023 | -4.55% | -822.62% | 0.01x | 1.05x | $-2.57 Million |
| 2024 | -12.10% | -5854.45% | 0.00x | 1.17x | $-3.49 Million |
Industry Comparison
This section compares I-On Digital Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I-On Digital Corp (IONI) | $14.89 Million | 12.01% | 0.22x | $7.50 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |