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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

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

Metric

Value

Amount currency

USD

CIK code

0001566610

Company name

TON Strategy Company

Country

United States

Country code

CUSIP number

92337U302

Earnings date

2026-11-10

Earnings time

bmo

Employees

Employees change

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

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

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

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

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%

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

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%

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

Metric

Value

EPS growth quarters

EPS growth years

Gross profit growth

3,819.16%

Gross profit growth 3Y

1,380.94%

Gross profit growth 5Y

39.38%

Net income growth quarters

Net income growth years

Revenue growth

3,519.27%

Revenue growth (QoQ)

400.3%

Revenue growth 3Y

1,233.12%

Revenue growth 5Y

25.54%

Revenue growth years

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

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

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%

Metric

Value

Altman Z-Score

28.25

Book value per share

$7.05

Debt / equity

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

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

Total liabilities

$5M

WACC

8.24%

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

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

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

Metric

Value

Buyback yield / dilution

-5,160.31%

Dividend yield

Shareholder yield

-5,160.31%

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%

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%

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

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

TON Strategy Company (TONX)

Price

Financial snapshot

Fair-value bridge

Latest news · TONX

Valuation

Profitability

Balance sheet

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Profile and market data

Valuation

Profitability

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Financial statements

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Dividends and buybacks

Performance and technicals

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