Ion Video (AU:IOV)
ASX:IOV
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Ion Video
(Sydney:IOV)
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Rating:43Neutral
Price Target:
$0.19
Action:ReiteratedDate:03/03/26
The score is weighed down primarily by weak financial performance (minimal revenue, negative gross profit, sizable losses, ongoing cash burn, and negative equity). Technical signals are neutral-to-weak with the price below its 20-day average and slightly negative MACD, while valuation provides limited support due to losses and no dividend yield.
Positive Factors
Structural market tailwinds
Ion Video’s Virtual Video technology targets durable secular trends: digital video personalization and targeted advertising. These structural industry tailwinds increase long-term demand for tools that enable flexible delivery and ad monetization, supporting recurring licensing opportunities if commercialized.
Negative Factors
Negative shareholders' equity
Negative equity is a material, durable weakness that constrains strategic options and can trigger covenant or listing risks. It signals accumulated losses and reduces financial flexibility, increasing dependence on external capital which can dilute shareholders or interrupt operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Structural market tailwinds
Ion Video’s Virtual Video technology targets durable secular trends: digital video personalization and targeted advertising. These structural industry tailwinds increase long-term demand for tools that enable flexible delivery and ad monetization, supporting recurring licensing opportunities if commercialized.
Read all positive factors
Ion Video (IOV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$19.51M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)1.09
Revenue Growth-3.17%
EPS Growth20.00%
CountryAU
EmployeesN/A
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.04
Shares Outstanding92,881,990
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)-8.02
Price to Sales (P/S)22.84
P/FCF Ratio-6.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ion Video Business Overview & Revenue Model
Company Description
Ion Video Ltd engages in the development of technology products, software development, and commercialization and licensing of computer software in Australia. It offers Linius Video Virtualization Engine, a video virtualization engine; Whizzard Por...
How the Company Makes Money
The company’s revenue model is not fully disclosed in the provided prompt, but based on its stated business as a video-software vendor, Linius primarily aims to monetize its technology by licensing its software platform and related components to e...
Ion Video Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Jun 2024 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 660.83K | 785.42K | 250.75K | 108.19K | 60.00K | 164.25K |
| Gross Profit | -3.64M | -2.37M | -6.69M | -4.30M | -4.87M | -562.23K |
| EBITDA | -4.83M | -4.31M | -8.32M | -5.56M | -7.26M | -11.01M |
| Net Income | -5.39M | -5.01M | -9.00M | -6.13M | -7.82M | -11.56M |
Balance Sheet | ||||||
| Total Assets | 1.09M | 573.21K | 3.27M | 4.13M | 4.69M | 6.08M |
| Cash, Cash Equivalents and Short-Term Investments | 122.72K | 227.41K | 963.48K | 1.59M | 1.60M | 2.30M |
| Total Debt | 552.33K | 350.00K | 1.44M | 104.28K | 77.12K | 0.00 |
| Total Liabilities | 1.84M | 2.81M | 2.53M | 674.80K | 308.58K | 582.98K |
| Stockholders Equity | -746.42K | -2.24M | 736.63K | 3.45M | 4.38M | 5.50M |
Cash Flow | ||||||
| Free Cash Flow | -3.97M | -2.74M | -7.86M | -4.89M | -7.25M | -10.84M |
| Operating Cash Flow | -3.97M | -2.74M | -7.86M | -4.88M | -7.22M | -10.81M |
| Investing Cash Flow | 0.00 | 0.00 | -3.45K | -3.45K | -30.41K | -24.30K |
| Financing Cash Flow | 4.74M | 2.76M | 7.23M | 4.88M | 6.55M | 2.37M |
Ion Video Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
Performance Comparison
Ion Video Corporate Events
ION Video Clears Freedom-to-Operate Hurdle for Tokenised Virtual Video Patent
Mar 16, 2026
ION Video has received an independent Freedom to Operate patent search from Alder IP confirming that its Tokenised Virtual Video Delivery System can be commercialised in major jurisdictions with low infringement risk when implemented as disclosed....
ION Video Wins Independent Backing for Novel Tokenised Video Patent
Mar 9, 2026
ION Video has received an independent legal opinion from specialist patent counsel Alder IP confirming that its newly filed Tokenised Virtual Video Delivery System and Method meets international standards for novelty and inventive step. Based on a...
Ion Video Clears Path for Trading of Shares from Note Conversion
Mar 6, 2026
ION Video has issued 2,133,932 fully paid ordinary shares following the conversion of 350,000 previously issued convertible notes, with the new stock ranking equally with existing ordinary shares. The company confirmed the notes were originally is...
Ion Video Director Increases Indirect Equity Stake via Note Conversion
Mar 3, 2026
Ion Video Limited has reported a change in director Anthony Baker’s indirect interests in the company’s securities, lodged under ASX listing rule 3.19A.2. Baker holds these interests through trusts where he is a potential beneficiary, ...
Ion Video Cuts Interest Costs With Early Convertible Note Conversion
Mar 3, 2026
ION Video has converted tranche 4 convertible notes from its September 2024 Note Facility into fully paid ordinary shares as part of its ongoing cost-cutting and balance sheet restructuring. Exercising its right to convert the notes after 12 month...
ION Video Tightens Governance With Revised Securities Trading Policy
Mar 2, 2026
ION Video Limited has updated and lodged a revised securities trading policy with the ASX, aligning its governance framework with listing requirements and the Corporations Act. The policy, now available on the company’s website, sets rules f...
ION Video pivots to AI video infrastructure with rebuilt strategy and leadership
Feb 27, 2026
ION Video has undergone a comprehensive strategic reset, shifting from custom software delivery to positioning itself as a pure enabling infrastructure and intellectual property business for AI-driven video. The company is now centred on its found...
ION Video Expands Investor Access to Technology Showcase and Q&A
Feb 10, 2026
ION Video has re-shared its recently streamed Technology Showcase with shareholders, offering a detailed presentation of its Video Superintelligence infrastructure, including the underlying technology, capabilities and commercial use cases. The co...
ION Video to Showcase Patented Video Superintelligence Platform
Feb 8, 2026
ION Video Ltd will today host a streamed Technology Showcase highlighting its Video Superintelligence infrastructure, with founder and head of innovation Finbar O’Hanlon demonstrating the platform’s capabilities and commercial applicat...
ION Video to Showcase ‘Video Superintelligence’ Platform as Founder Returns to Spotlight
Feb 4, 2026
ION Video will hold a streamed technology showcase on 9 February 2026, where founder and head of innovation Finbar O’Hanlon will demonstrate the company’s Video Superintelligence infrastructure and its commercial applications. The even...
Ion Video Director Rinarelli Steps Down but Retains Indirect Stake
Feb 4, 2026
Ion Video Ltd has notified the ASX that director Giuseppe Rinarelli ceased to be a director of the company on 4 February 2026, with his final director’s interest notice confirming he holds no securities directly in his own name. Rinarelli...
Ion Video Appoints New Director Finbar O’Hanlon With Significant Equity Stake
Feb 4, 2026
Ion Video Ltd has appointed Finbar O’Hanlon as a director effective 4 February 2026, according to an initial director’s interest notice lodged with the ASX. O’Hanlon holds 220,320 fully paid ordinary shares directly in the compan...
ION Video Brings Back Founder as Director to Drive Video Superintelligence Push
Feb 3, 2026
ION Video has strengthened its board as it seeks to position its patented technology as foundational infrastructure for Video Superintelligence, appointing CEO Anthony Baker and returning founder and original patent inventor Finbar O’Hanlon ...
Ion Video Says No Undisclosed News Behind Share Price Spike
Jan 29, 2026
Ion Video Ltd has responded to an ASX price query after its share price rose from $0.30 to $0.42 in intraday trading, stating it is not aware of any undisclosed information that could explain the movement. The company pointed to its recently compl...
ION Video Completes 100-for-1 Share Consolidation and Resets Capital Structure
Jan 29, 2026
ION Video Ltd has completed a 100-for-1 consolidation of its share capital, reducing the number of ordinary shares on issue to 90,748,058 and proportionally adjusting all other securities, including a range of listed options and convertible notes....
Ion Video Issues 2.3 Million Unquoted Options Under Employee Incentive Plan
Jan 28, 2026
Ion Video Ltd has notified the market of a new issue of 2,325,000 unquoted options under its employee incentive scheme, with each option expiring on 31 December 2029. The options, which are subject to transfer restrictions and will not be quoted o...
ION Video Details Post-Reset Strategy After Share Consolidation
Jan 28, 2026
ION Video Ltd has released a shareholder QA addressing investor concerns about its recent restructuring, share consolidation and strategic reset, explaining that the legacy Linius business model relied on bespoke, high-touch service projects that ...
Ion Video Slashes Debt, Strengthens Balance Sheet Ahead of February Tech Relaunch
Jan 21, 2026
Ion Video Ltd has updated its Quarterly Activities Report for the December 2025 quarter to provide additional detail on cash outflows and related-party payments, while confirming that the accompanying Appendix 4C remains unchanged from its earlier...
ION Video Shareholders Back Security Consolidation and Advisor Options at General Meeting
Jan 16, 2026
ION Video Ltd has reported that all resolutions put to shareholders at its general meeting on 16 January 2026 were passed by poll, including motions to consolidate its securities and ratify a prior issue of advisor options. The strong support for ...
Ion Video Slashes Debt, Exits Uneconomic Deals Ahead of Technology Relaunch
Jan 13, 2026
Ion Video Limited has reported substantial progress in its turnaround, with a major restructuring to be completed by the end of January 2026 and a formal relaunch of the ION Video brand and technology slated for 9 February 2026. Under new major sh...
Ion Video Director Increases Holding of Convertible Notes
Dec 29, 2025
Ion Video Ltd has disclosed a change in director Giuseppe Rinarelli’s indirect interests, held via JR Fire Holdings Pty Ltd, detailing his updated securities position in the company. The filing shows Rinarelli acquired an additional 10,000 c...
Ion Video Director Increases Stake via Convertible Notes
Dec 28, 2025
Ion Video Limited has disclosed a change in director Brent Jones’s interests, detailing an increase in his indirect holdings through entities Bucket 23 Pty Ltd, Unrandom Pty Ltd and Vonetta Pty Ltd. Jones subscribed for 546,250 additional co...
ION Video Issues 556,250 Unquoted Convertible Notes
Dec 28, 2025
ION VIDEO LTD has notified the market of the issue of 556,250 unquoted convertible notes (security code IOVAZ) on 24 December 2025, under an existing Appendix 3B transaction framework. The move increases the company’s pool of unquoted debt-l...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.