Ion Video

IOV.AX

Software - Application · Technology

Price

A$0.43

-0.01 (-2.27%)

Market Cap

A$38.4M

Exchange

Australian Securities Exchange

Winston Score

–

No score yet — Winston is napping.

We couldn’t gather enough financial data to score this stock reliably.

Track this stock — start free trial

Share count rising — dilution

+245.4% over 3y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 17.3M (2022) → 59.8M (2025)

Winston Score History

The full picture

Ion Video Ltd is a small Australian technology company focused on video-related software and digital media applications. It develops tools and platforms aimed at businesses and consumers who need video processing, streaming, or content management solutions. The company operates in the competitive software application space within Australia's technology sector.

Ion Video generates revenue through software licensing and service fees, though its financials show it is currently spending far more than it earns, with deeply negative margins across the board. The company is very small, with a market capitalization near zero, and has not yet established a clear competitive moat against larger, well-funded rivals in the global video software market. The central challenge facing Ion Video is achieving enough revenue growth to cover its operating costs, as its current burn rate poses a serious risk to the company's long-term survival without additional capital raises or a significant improvement in commercial traction.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

EPS data limited

R&D Spend

A$0/ year

0.0% of revenue

Below sector average (15%)

Research and development spending

Cash Runway

~1 months

A$892,645 cash & investments

Quarterly Free Cash Flow

Short runway — potential dilution ahead through share issuance

Cash watch

Ion Video has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

-867.0%

Thin — -867.0% gross margin

Profit after running costs

Operating Margin

-909.9%

Losing money on operations — -909.9%

Return on the money invested

ROCE

-386.0%

Weak — -386.0% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

N/A

—

Data not available

Profit growth

EPS YoY

N/A

—

Data not available

How steady the profit is

EPS Consistency

N/A

—

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

—

Data not available

Spare cash per sale

FCF Margin

-600.7%

Burning cash (-600.7%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial