IONC Brands 30M Revenue, Market Cap of 8.5M. IONC current market price of 7 cents
Current Market Cap of 8.5M on a float of 134M shares. Current share price is 7 cents. Do the math. IONC Brands should be trading in the $1.00 range based on current revenues.
Record Q2-2021 sales revenues of $8.3M and realized $1.3M in gross profit representing a 16% gross margin for the second quarter 2021
Record H1 sales revenues of $12.5M which exceeds the entire fiscal year of 2020 revenues by $3.5M, representing a 40% increase in revenue YTD
Improved balance sheet through the conversion of $12.9 million in secured debt to preferred equity