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Ionik Corporation (INIKF) is a data-driven marketing technology leader specializing in performance-based advertising solutions through its integrated Ionik Marketing Cloud platform. This news hub provides investors and industry professionals with centralized access to official corporate developments and strategic updates.
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Ionik Corporation (OTCQB: INIKF), a data and technology-driven marketing solutions company, has announced a stock option grant to its independent directors. The company has issued 400,000 stock options under its Omnibus Equity Incentive Plan.
The options are structured with an exercise price of $0.15 and come with a five-year term. These options will fully vest on the first anniversary of the grant date. The Incentive Plan was originally adopted in April 2022 and has undergone amendments in April 2023 and June 2025.
Ionik Corporation (OTCQB: INIKF) reported strong financial results for Q2 2025, achieving record quarterly revenue of $53.5 million, up 20% year-over-year and 28% quarter-over-quarter. The company posted record quarterly Adjusted EBITDA of $9.3 million, representing a 58% increase from Q2 2024.
Key financial metrics include a gross profit increase of 28% to $21.4 million (40% margin) and Adjusted Free Cash Flow of $7.3 million. The company reduced its senior debt by $4.3 million, though it reported a net loss of $2.8 million. Growth was primarily driven by the strategic acquisitions of Nimble5 and Rise4 in late 2024.
The company maintains a solid capital position with $5.1 million in cash and an undrawn $10 million revolving facility. Total undiscounted debt decreased to $117.5 million, showing improved debt management.
Ionik Corporation (OTCQB: INIKF) held its annual general and special meeting of shareholders on June 26, 2025, with 63.14% of outstanding shares represented. All proposed items were approved with overwhelming support, including the election of five directors, appointment of auditors, and confirmation of the company's equity incentive plan.
Shareholders showed strong confidence in the board nominees, with all directors receiving over 99.79% approval. The appointment of MNP LLP as auditors was approved with 99.47% of votes, while the equity incentive plan received 99.25% support, pending final TSXV approval.
Ionik reported strong financial results for Q4 and fiscal year 2024, with record annual revenue of $179.1 million, up 28% from 2023. The company achieved record Adjusted EBITDA of $23.1 million, marking 34% growth year-over-year.
Q4 2024 highlights include revenue of $48.4 million (10% increase) and Adjusted EBITDA of $7.3 million. However, the company recorded a net loss of $16.9 million, primarily due to a $14.0 million impairment charge.
Strategic achievements include two key acquisitions: Nimble5 in September and Rise4 in November 2024. The company maintains a strong cash position of $14.6 million and focuses on three core pillars: marketing automation, media strategy, and data management. 2025 priorities include platform integration, advanced targeting capabilities, and debt reduction.
Ionik reported strong Q3 2024 financial results with revenue reaching $44.0 million, up 29% year-over-year. Gross profit increased 33% to $17.1 million with a 39% margin. Adjusted EBITDA grew 49% to $5.6 million. The company completed the acquisition of Nimble5 for $33.7 million and announced the acquisition of Rise4 for $19.9 million. Total debt stood at $127.7 million, with cash position at $15.3 million. The company maintains a conservative debt leverage ratio below 3.0X Pro Forma Adjusted EBITDA and projects Pro Forma Revenue of approximately $221.7 million with a 15% Pro Forma Adjusted EBITDA Margin.
Ionik (TSXV: INIK) (OTCQB: INIKF), a data-driven performance marketing technology company, has received TSX Venture Exchange approval to change its legal name from 'PopReach ' to 'Ionik ', effective November 26, 2024. The company will maintain its trading symbols 'INIK' on TSXV and 'INIKF' on OTCQB. The new CUSIP number is 462221102, with TSX Trust Company continuing as transfer agent. The name change doesn't affect company capitalization, and existing shareholders aren't required to take any action, though they may request replacement certificates if desired.
Ionik has acquired Rise4 for approximately US$19.9 million, combining cash, debt, and stock, plus potential earn-out considerations. Rise4, founded in 2022, is a performance marketing company with a 15-person team focused on user acquisition and search monetization. The transaction brings significant financial benefits, with Rise4 contributing US$19.5 million in net revenue and US$2.4 million in Adjusted EBITDA for 2023. The deal includes US$8.5 million in cash, US$9.5 million in vendor take-back debt, and 23 million Ionik common shares. An additional earn-out of up to US$25 million may be paid over five years based on performance.
PopReach (dba Ionik) (TSXV: INIK) (OTCQX: INIKF) has acquired Nimble5, a performance marketing company, for approximately US$33.7 million. The acquisition, funded through existing resources, expands Ionik's marketing technology platform. Nimble5, founded in 2016, specializes in omnichannel user acquisition and search engine marketing. Key benefits include:
1. Nimble5's meaningful Adjusted EBITDA and Adjusted Free Cash Flow
2. Synergistic performance marketing technology
3. Enhanced first-party data capabilities
The deal includes cash, debt, stock, and potential earn-out considerations. Nimble5's Adjusted EBITDA for 2023 was US$12.0 million. The transaction is subject to final TSX Venture Exchange approval.
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