TON Strategy Company (TONX)

NASDAQ: TONX · USD

$3.35

+0.06 (+1.8%)· Recorded snapshot

Market cap	184.5M
Revenue (ttm)	30.8M
Net income (ttm)	-158.9M
EPS (ttm)	-$2.97
Shares out	55.1M
Volume	153,534
Beta	0.73

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 30.8M
Net income (ttm): -158.9M
EPS (ttm): -$2.97
Market cap: 184.5M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-73.9

P25 n/aP50 n/aP75 n/a

ROIC-10.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TONX indicators

Market & fundamental data

Available fields

206

Groups with data

Currency

USD

Showing 206 of 206 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001566610
Company name	TON Strategy Company
Country	United States
Country code	US
CUSIP number	92337U302
Earnings date	2026-11-10
Earnings time	bmo
Employees	27
Employees change	8
Employees growth	42.11%
Enterprise value	$155.7M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Industry	Software - Application
Is primary listing	Yes
Is SPAC	No
ISIN number	US92337U3023
Last earnings date	2026-08-11
Last refreshed	2026-10-28
Last stock split date	2024-10-09
Last stock split type	Reverse
Market cap	$184.5M
Market cap category	Micro-Cap
Next earnings date	2026-11-10
Options	Yes
Price	$3.35
Price currency	USD
Sector	Technology
Stock price date	2026-10-28
Symbol	TONX
U.S. state	Nevada
Website	https://www.tonstrat.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-88.55%
EV/Sales	4.98x
FCF / EV yield	-19.07%
FCF yield	-16.05%
Forward EV/Sales	38.37x
Forward P/S	45.57x
Industry forward P/E	19.55x
Industry P/E	72.09x
P/B ratio	0.47x
P/S ratio	5.92x
Price / tangible book value	0.46x
Sector forward P/E	18.86x
Sector P/E	32.77x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	-110.5%
EBITDA margin	-109.63%
Gross margin	84.36%
Operating margin	-110.5%
Pretax margin	-501.78%
Profit per employee	$-5.9M
Profitable quarters	1
Revenue per employee	$1.1M
ROA	-9.96%
ROA (5Y)	-41.51%
ROCE	-8.54%
ROE	-73.85%
ROE (5Y)	-199.47%
ROIC	-10.45%
SBC / revenue	81.42%
Tax / revenue	-0.76%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	2
EPS growth years	5
Gross profit growth	3,819.16%
Gross profit growth 3Y	1,380.94%
Gross profit growth 5Y	39.38%
Net income growth quarters	1
Net income growth years	0
Revenue growth	3,519.27%
Revenue growth (QoQ)	400.3%
Revenue growth 3Y	1,233.12%
Revenue growth 5Y	25.54%
Revenue growth years	3

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-90,000
Depreciation and amortization	$270,000
EBIT	$-34M
EBITDA	$-33.8M
EPS	$-2.97
FCF per share	$-0.53
Financing cash flow	$341.9M
Free cash flow	$-29.3M
Free cash flow minus SBC	$-54.3M
Gross profit	$26M
Income taxes	$-233,000
Investing cash flow	$-289M
Net cash flow	$23.7M
Net income	$-158.9M
Operating cash flow minus SBC	$-54.3M
Operating income	$-34M
Revenue	$30.8M
Stock-based compensation	$25.1M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	28.25
Book value per share	$7.05
Debt / equity	0
Interest coverage	-34,035
Long-term assets	$371.9M
Long-term liabilities	$46,000
Net cash (debt)	$28.8M
Net cash / market cap	15.8%
Net cash growth	213.34%
Net debt / equity	-0.07
Piotroski F-Score	4
Property, plant and equipment	$3,000
Shareholders' equity	$398.5M
Tangible book value	$398.8M
Tangible book value per share	$7.05
Total assets	$403.5M
Total cash	$28.8M
Total debt	$0
Total liabilities	$5M
WACC	8.24%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.14
Current assets	$31.7M
Current liabilities	$5M
Current ratio	6.39
Net working capital	$-2.1M
Quick ratio	5.96
Working capital	$26.7M
Working capital turnover	1.76

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-5,160.31%
Dividend yield	0%
Shareholder yield	-5,160.31%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-99.97%
10Y return CAGR	-56.26%
10Y total return	-99.97%
150-day SMA	$3.09
1D price change	1.82%
1M price change	-6.29%
1M total return	-6.29%
1W price change	7.72%
1W total return	7.72%
1Y price change	-18.09%
1Y return CAGR	-18.1%
1Y total return	-18.09%
20-day SMA	$3.15
200-day SMA	$2.93
3Y price change	-94.75%
3Y return CAGR	-62.55%
3Y total return	-94.75%
50-day SMA	$3.26
50-day SMA vs 200-day SMA	50over200
52-week high	$4.44
52-week high date	2026-06-02
52-week low	$1.75
52-week low date	2026-02-24
5Y price change	-99.98%
5Y return CAGR	-81.79%
5Y total return	-99.98%
6M price change	48.23%
6M total return	48.23%
All-time high	$364,801.46
All-time high date	2018-04-20
All-time low	$1.75
All-time low date	2026-02-24
Average true range (ATR)	$0.23
Average volume	192.3K
Beta (1Y)	2.9
Beta (2Y)	2.57
Beta (5Y)	0.73
Change from 52-week high	-24.55%
Change from 52-week low	91.43%
Change from all-time high	-100%
Change from all-time low	91.43%
Change from open	1.21%
Day's gap	0.61%
Dollar volume	$514,339
High price	$3.35
Low price	$3.28
Monthly RSI	35.46
Open price	$3.31
Position in 52-week range	100%
Premarket change	6.38%
Premarket close	$3.29
Premarket price	$3.50
Premarket volume	2.6K
Previous close	$3.29
Price vs 150-day SMA	8.52%
Price vs 20-day SMA	6.48%
Price vs 200-day SMA	14.18%
Price vs 50-day SMA	2.82%
Relative volume	0.8
RSI	55.3
Sharpe ratio	0.27
Sharpe ratio (3Y)	0.01
Sharpe ratio (5Y)	-0.18
Sortino ratio	0.5
Sortino ratio (3Y)	0.08
Sortino ratio (5Y)	-0.43
Volume	153.5K
Weekly RSI	51.26
YTD price change	68.34%
YTD total return	68.34%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	30.3M
Float percentage	55.04%
Shares change (QoQ)	0.8%
Shares change (YoY)	5,160.31%
Shares held by insiders	2.99%
Shares held by institutions	19.52%
Shares outstanding	55.1M
Short % of float	9.44%
Short % of shares	5.2%
Short ratio	7.1 days

Deeper analysis on TONX

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TONX report

Is a complete TONX research report available?

No complete published report is available for TON Strategy Company (TONX) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TON Strategy Company (TONX)

Price

Financial snapshot

Fair-value bridge

Latest news · TONX

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TONX indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TONX

Frequently asked questions