Ionic Brands's EBIT is $-10M, below the sector sector average of $2.5T.
Get informed when a big investor buys or sells
+ FollowAs of Dec 31, 2021
Trailing 12 months ending Dec 31, 2021
The latest EBIT for IONC.CN is $-10M as of December 2021. That compares with $-3.6M in the prior-year period — down 186.5% year over year. That is below the sector sector average of $2.5T. Investors often review this figure alongside Ionic Brands's historical trend and sector peers before judging valuation or financial health.
Over the past year, IONC.CN's EBIT moved from $-3.6M to $-10M — a 186.5% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Ionic Brands's operating scale or balance-sheet position.
Against its sector companies, IONC.CN currently prints $-10M for EBIT, while the sector average sits near $2.5T. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Ionic Brands's growth, margins, and balance sheet.
A EBIT figure of $-10M for IONC.CN is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $2.5T. Explore the charts below for those layers of context.
After noting IONC.CN's EBIT ($-10M), review year-over-year change from $-3.6M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.