Last $15.50 USD
Change Today +0.0655 / 0.42%
Volume 200.0
IKNX On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 5:20 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

ikonics corp (IKNX) Snapshot

Open
$15.50
Previous Close
$15.43
Day High
$15.50
Day Low
$15.50
52 Week High
03/6/14 - $31.02
52 Week Low
01/23/14 - $13.50
Market Cap
31.3M
Average Volume 10 Days
708.9
EPS TTM
$0.45
Shares Outstanding
2.0M
EX-Date
12/18/12
P/E TM
34.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for IKONICS CORP (IKNX)

Related News

No related news articles were found.

ikonics corp (IKNX) Related Businessweek News

No Related Businessweek News Found

ikonics corp (IKNX) Details

IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for the screen printing, as well as awards and recognition industries primarily in the United States. It operates through five segments: Domestic, Export, IKONICS Imaging, Digital Texturing, and Micro-Machining. The company sells screen printing films, emulsions, and inkjet receptive films to distributors; and photo resistant films, art supplies, glass, metal medium, and related abrasive etching equipment to end user customers. It also provides etched composites, ceramics, and glass and silicon wafers, as well as sound deadening technology to the aerospace industry; and products related to proprietary inkjet technology used for mold texturing. The company markets and sells its products directly, as well as through domestic and international distributors, magazine advertising, trade shows, and the Internet. IKONICS Corporation also exports its products primarily to Europe, Latin America, Asia, and internationally. The company was formerly known as The Chromaline Corporation and changed its name to IKONICS Corporation in December 2002. IKONICS Corporation was founded in 1952 and is based in Duluth, Minnesota.

75 Employees
Last Reported Date: 03/5/14
Founded in 1952

ikonics corp (IKNX) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $248.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $131.7K
Executive Vice President
Total Annual Compensation: $146.1K
Compensation as of Fiscal Year 2013.

ikonics corp (IKNX) Key Developments

Ikonics Corp. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Ikonics Corp. reported unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales of $4,478,014 against $4,217,125 a year ago. Income from operations was $176,659 against $161,505 a year ago. Income before income taxes was $176,762 against $162,877 a year ago. Net income was $138,971 or $0.07 per diluted share against $116,162 or $0.06 per diluted share a year ago. The third quarter net earnings increase 20% compared to the third quarter of 2013, and record third quarter sales an increase of 6% over the comparable quarter of 2013 due to stronger sales from the domestic screen printing and IKONICS Imaging businesses. For the nine months, the company reported net sales of $13,867,337 against $12,894,142 a year ago. Income from operations was $784,812 against $389,193 a year ago. Income before income taxes was $788,425 against $394,524 a year ago. Net income was $542,318 or $0.27 per diluted share against $321,524 or $0.16 per diluted share a year ago. Net cash provided by operating activities of $1,177,031 against $1,150,610 a year ago.

Ikonics Corp. Plans $4.3 Million Duluth Expansion

Ikonics Corp. announced plans to invest $4.3 million in an expansion that will include hiring 20 new workers. The company said it will expand its manufacturing services for the aerospace and electronics industries by building a 20,000-square-foot addition in the Atlas Industrial Park on the city's west side. The Minnesota Department of Employment and Economic Development (DEED) is assisting the expansion with a $508,500 award from the Minnesota Job Creation Fund. The company will receive the funding once it has completed its hiring and investment goals.

Ikonics Corp. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2015

Ikonics Corp. reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's net sales were $4,924,747 against $4,654,745 a year ago. Income from operations was $292,980 against $401,490 a year ago. Income before income taxes was $294,532 against $403,234 a year ago. Net income was $198,432 or $0.10 diluted per share against $293,112 or $0.15 diluted per share a year ago. For the six months, the company's net sales were $9,389,323 against $8,677,017 a year ago. Income from operations was $608,153 against $227,688 a year ago. Income before income taxes was $611,663 against $231,647 a year ago. Net income was $403,347 or $0.20 diluted per share against $205,362 or $0.10 diluted per share a year ago. Net cash provided by operating activities was $364,377 against $18,108 a year ago. The company provided earnings guidance for the year 2015. The company anticipates that DTX will be profitable by the end of year and will be a strong contributor to sales and profits in 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IKNX:US $15.50 USD +0.0655

IKNX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for IKNX.
View Industry Companies
 

Industry Analysis

IKNX

Industry Average

Valuation IKNX Industry Range
Price/Earnings 34.5x
Price/Sales 1.7x
Price/Book 2.4x
Price/Cash Flow 34.5x
TEV/Sales 1.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IKONICS CORP, please visit www.ikonics.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.