TONXNasdaqFinance ServicesFiscal year ends December 31
TON Strategy Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$2.73+0.05 (+1.87%)
Close on Oct 19, 2026
- Market cap
- $160.18M
- P/E (TTM)
- –
- Dividend yield
- –
TON Strategy statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Finance Services companies for comparison
Valuation
| Measure | TON Strategy | Industry median |
|---|---|---|
| Market Cap | $150.35M | $199.16M |
| Enterprise Value | $120.91M | $160.19M |
| PS Ratio | 5.08 | 2.66 |
| PB Ratio | 0.38 | 1.17 |
| P/TBV Ratio | 0.38 | 1.40 |
Enterprise value
| Measure | TON Strategy | Industry median |
|---|---|---|
| EV / Sales | 4.08 | 2.72 |
Income (trailing twelve months)
| Measure | TON Strategy | Industry median |
|---|---|---|
| Revenue | $29.62M | $61.19M |
| Gross Profit | $24.63M | $1.92M |
| Operating Income | -$34.26M | -$13.20M |
| Net Income | -$157.83M | -$5.16M |
| EBITDA | -$33.55M | -$9.49M |
Margins
| Measure | TON Strategy | Industry median |
|---|---|---|
| Gross Margin | 83.1% | 43.9% |
| Operating Margin | -115.6% | -125.1% |
| Profit Margin | -532.8% | -21.0% |
| EBITDA Margin | -113.3% | -67.0% |
| FCF Margin | -105.9% | -22.8% |
Returns
| Measure | TON Strategy | Industry median |
|---|---|---|
| Return on Equity (ROE) | -75.5% | -22.5% |
| Return on Assets (ROA) | -73.9% | -11.8% |
| Return on Invested Capital (ROIC) | -14.3% | -33.3% |
| Return on Capital Employed (ROCE) | -8.59% | -23.7% |
Growth
| Measure | TON Strategy | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 592.3% | 19.7% |
| Revenue Growth (3Y CAGR) | 1069.0% | 5.53% |
| Revenue Growth (5Y CAGR) | 5.10% | 10.1% |
Balance sheet
| Measure | TON Strategy | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $29.21M | $20.81M |
| Net Cash (Debt) | $29.21M | $7.60M |
| Net Cash Per Share | $0.53 | $0.22 |
| Equity (Book Value) | $398.78M | $165.65M |
| Book Value Per Share | $7.24 | $3.80 |
| Tangible Book Value | $398.75M | $127.24M |
| Working Capital | $26.74M | $8.71M |
Financial position
| Measure | TON Strategy | Industry median |
|---|---|---|
| Current Ratio | 6.39 | 1.43 |
| Quick Ratio | 5.89 | 0.54 |
Cash flow (trailing twelve months)
| Measure | TON Strategy | Industry median |
|---|---|---|
| Operating Cash Flow | -$31.34M | -$5.36M |
| Capital Expenditures | -$22.00K | -$5.04M |
| Free Cash Flow | -$31.37M | -$15.68M |
| FCF Per Share | -$0.57 | -$0.26 |
Efficiency
| Measure | TON Strategy | Industry median |
|---|---|---|
| Asset Turnover | 0.14 | 0.16 |
Dividends and yields
| Measure | TON Strategy | Industry median |
|---|---|---|
| Earnings Yield | -105.0% | -10.6% |
| FCF Yield | -20.9% | -13.8% |
Shares
| Measure | TON Strategy | Industry median |
|---|---|---|
| Shares Outstanding | 55,072,000 | 56,031,200 |
| Shares Change (QoQ) | 0.00% | 0.24% |
| Float | 33,675,800 | 43,350,400 |
| Shares Held by Insiders | 38.9% | 18.5% |
| Shares Held by Institutions | 61.5% | 34.2% |
Scores
| Measure | TON Strategy | Industry median |
|---|---|---|
| Altman Z-Score | 16.69 | 0.30 |
| Piotroski F-Score | 4 | 4 |
Calculated by StockData from TON Strategy's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.