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I-ON Communications Corp. (IONI)

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Last Post: 10/18/2018 10:35:19 PM - Followers: 19 - Board type: Free - Posts Today: 0

A Message Board to keep I-ON Communications Corp. shareholders a place to communicate and stay up to date with company news.
I-ON Communications Co., Ltd.

15, Teheran-ro 10-gil, Gangnam-gu,
Seoul, 135-080, Korea

T : +82-2-3430-1200
F : +82-2-3430-1205
U : www.i-on.net/eng
IONI on OTCmarkets.com
I-On FaceBook
I-On Twitter
Stock Twits
Press releases
I-On Investor Relations (917) 549-0168


I-ON Communications Co. Inc.

Share Structure                 http://www.otcmarkets.com/ajax/showCompanyLogoByCompanyId?companyId=683865
Shareholders of Record   730   08/07/2018
  Market Value1 $1,858,698

a/o Dec 26, 2017

June 12, 2018
  Authorized Shares 100,000,000 a/o 10/15/2018
  Outstanding Shares 4,784,293

a/o Aug 01, 2017

a/o 10/15/2018
  -Restricted 31.610,361
  -Unrestricted 3,419,978
  Held at DTC 2,993,244
  Float 233,418
a/o Jun 30, 2017
a/o 10/05/2018
  Par Value No Par Value

 I-ON Communications Corp. ($IONI)

I-ON Communications is a Seoul, South Korea-based enterprise software company founded in 1999.  After being awarded its first of six patents by 2003, the Company has since evolved into an industry-leading and recognized developer of enterprise-class unstructured data management and digital marketing software solutions. I-ON has sold to over 1,000 mid to large clients across numerous verticals in both the private and public sectors, primarily throughout South Korea, Japan and Southeast Asia.  The Company has 11 products at market that enable clients to create, measure, and optimizes digital experiences for their audiences across marketing channels and devices. These encompass enterprise web content management (CMS), web experience and service delivery software, digital marketing, smart mobility and analytics tools and energy management systems. I-ON's large R&D team has designed and developed industry-leading technologies that are compliant with global standards including GS (Good Software) and NET (New Excellent Technology), while holding numerous domestic and global industry awards and recognition from the likes of Gartner and Red Herring.

Healthy Balance Sheet

As of December 31, 2017, I-ON held total cash and equivalents of approximately $3.1 million, working capital of $6.7 million and total current assets of $8.6 million, a 14% year-over-year (y/y) increase. Total assets grew to $10.2 millionfrom $9.2 million. Current liabilities grew slightly y/y to $1.9 million from $1.8 million, while long-term debt of $280,007 remained negligible and relatively unchanged. The Company also has available lines of credit with financial institutions for up to $3.7 million, of which there were no outstanding balances as of the end of 2017. Shareholders' equity increased 11.4% to $8.0 million from $7.1 million in 2016.

2017 Full Year Highlights

Total revenue came in at $9.2 million versus $9.2 million in 2016 and was composed predominantly of royalty, licensing and customized solutions and services. Major customers in 2017 included Korean Broadcasting System, Hyundai AutoEver, JoongAng Ilbo, Samsung, and the KPGA among many others. I-ON's top ten customer contribution approximated 52% of total revenue, consistent with recent trends. Gross income was $3.0 million versus $4.5 million in 2016 due partially to a shift in revenue mix and timing of new product launches, while operating expenses declined to $2.4 million from $3.5 million owing to less R&D to pivot more towards direct sales, marketing of newly launched products, and international expansion efforts. Operating income, as a result, came in at $586,679 versus $1.0 million in 2016 and comprehensive income was $766,803, in line with the prior year.

For more information: http://www.i-on.net/eng/news/press/1218690_8026.html
Power Point presentation on I-ON Communications: http://img.i-on.net/eng/company/overview/__icsFiles/afieldfile/2018/01/08/ioncommunications_companyinfo_2018.pdf

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IONI News: Current Report Filing (8-k) 08/28/2018 05:15:33 PM
IONI News: Current Report Filing (8-k) 08/21/2018 06:04:09 AM
IONI News: Quarterly Report (10-q) 08/14/2018 05:15:17 PM
PlusOneCoin Top Posts
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#531  Sticky Note News Magazine article published on I-On Communications roger wilco 10/11/18 09:39:28 AM
#549   No Lot of News release from Company Said americano 10/18/18 10:35:19 PM
#548   I would have never guessed that. (slight sarcasm) RamsnastyMcBickle 10/18/18 03:17:45 PM
#547   Twitter is what I'm looking at. They seem RamsnastyMcBickle 10/18/18 03:16:04 PM
#546   Seller is From Korea they ran a Promo americano 10/18/18 01:57:51 PM
#545   Twitter americano 10/18/18 01:47:18 PM
#544   Dilly, Dilly. That is truly some great news and RamsnastyMcBickle 10/17/18 11:23:59 PM
#543   Word on the street is that legacy shareholders roger wilco 10/17/18 10:35:48 PM
#542   I'm not sure what you are looking at, RamsnastyMcBickle 10/17/18 01:45:14 AM
#541   I-On still needs to work on becoming more roger wilco 10/16/18 04:31:47 PM
#540   Thanks for the update it appears twitter now americano 10/16/18 04:25:17 PM
#539   I have updated the I Box with the RamsnastyMcBickle 10/16/18 09:27:15 AM
#538   I'm hoping they are thinking big and not little americano 10/16/18 05:39:52 AM
#537   Waiting for follow through Volume before price yesterday americano 10/16/18 05:35:50 AM
#536   Just checked in on EOD a big Wow! americano 10/15/18 05:14:21 PM
#535   100K volume today and a green finish. $IONI roger wilco 10/15/18 04:05:14 PM
#534   Yes..looks like it will hit 2s again masu3701 10/12/18 12:27:28 PM
#533   Just like to see $IONI break free of roger wilco 10/12/18 11:38:07 AM
#532   How high will it go today? masu3701 10/12/18 10:49:12 AM
#531   News Magazine article published on I-On Communications roger wilco 10/11/18 09:39:28 AM
#530   Getting good volume americano 10/10/18 04:18:32 PM
#529   If they could bring more updates as they americano 10/05/18 11:34:16 AM
#528   That's different than ALES always filing the paper americano 10/03/18 05:56:14 PM
#527   News is needed to much silence, americano 10/02/18 09:42:36 PM
#526   Fingers crossed they are on time and not RamsnastyMcBickle 10/02/18 02:42:12 PM
#525   Well said. I don't believe I could have RamsnastyMcBickle 10/02/18 02:41:27 PM
#524   The core of the problem IMO is the roger wilco 10/02/18 02:10:40 PM
#523   There is only a few who were given RamsnastyMcBickle 10/02/18 01:44:43 PM
#522   Quarter just ended yesterday perhaps we will get roger wilco 10/02/18 01:42:14 PM
#521   I add too here if I had some americano 10/02/18 01:09:20 PM
#520   Yes Agree Silence is not always golden we americano 10/02/18 01:04:36 PM
#519   I know I am quite concerned that not RamsnastyMcBickle 10/02/18 12:34:32 PM
#518   Original holders rolling in their graves with the americano 10/01/18 02:47:53 PM
#517   At least Volume is above average for a americano 09/26/18 02:54:59 PM
#516   yes sir! KoreanTrumpster 09/26/18 08:02:49 AM
#515   10k vol this could move very quick americano 09/26/18 02:23:03 AM
#514   I am pretty convinced legacy shareholders from the roger wilco 09/26/18 12:07:57 AM
#513   Good To here from ya ioni maga! and americano 09/25/18 10:52:34 PM
#512   Yes but for the most part they are KoreanTrumpster 09/25/18 08:53:12 PM
#511   No need to be concerned. The float KoreanTrumpster 09/25/18 08:50:42 PM
#510   There needs to be an effort made once roger wilco 09/21/18 04:03:02 PM
#509   Dumb ashes IMO probably someone that inherited the americano 09/21/18 03:37:01 PM
#508   Somebody is hell bent on ruining what was roger wilco 09/21/18 03:17:17 PM
#507   You would think they know something about finding americano 09/21/18 03:12:03 AM
#506   I am forever amazed this has been so roger wilco 09/19/18 07:21:21 PM
#505   Come on 5 6 7 and than some news! americano 09/19/18 07:16:19 PM
#504   Good stripper fishing east coast too americano 09/19/18 01:22:58 AM
#503   I understand the $IONI corporate roadshow will be roger wilco 09/18/18 03:43:34 PM
#502   Beer Brat's no doubt americano 09/18/18 02:54:54 PM
#501   Somebody grabbed a bargain today at $1.75. Unbelievable roger wilco 09/17/18 09:29:56 PM
#500   Mic check, 1, 2, 3... Kizersosae 09/17/18 09:12:50 PM