Financials in USD. Standardized financial statements.
A compact view of how TON Strategy Co. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $12.78M | $895,000 | $63,000 | $8,000 | $10.52M | $9.96M | $9.10M | $32,000 | $6,000 | $0 |
| Revenue Growth? | +1327.8% | +1320.6% | +687.5% | -99.9% | +5.6% | +9.5% | +28337.5% | +433.3% | 0.0% | 0.0% |
| Cost of Revenue? | $3.89M | $224,000 | $19,000 | $3,000 | $4.50M | $4.80M | $4.87M | $52,000 | $8,000 | $0 |
| Gross Profit? | $8.88M | $671,000 | $44,000 | $5,000 | $6.02M | $5.16M | $4.23M | -$20,000 | -$2,000 | $0 |
| Gross Margin? | +69.5% | +75.0% | +69.8% | +62.5% | +57.2% | +51.8% | +46.5% | -62.5% | -33.3% | 0.0% |
| Operating Expenses? | $42.20M | $12.31M | $13.84M | $18.88M | $39.73M | $29.90M | $20.06M | $7.77M | $4.70M | $3.13M |
| Operating Income? | -$33.31M | -$11.64M | -$13.79M | -$18.87M | -$33.71M | -$24.74M | -$15.83M | -$7.79M | -$4.71M | -$3.13M |
| EBITDA? | -$147.32M | -$9.49M | -$11.32M | -$13.44M | -$29.68M | -$22.25M | -$12.68M | -$9.48M | -$6.27M | -$3.51M |
| Income Before Tax | -$148.63M | -$10.33M | -$14.84M | -$15.96M | -$34.48M | -$24.95M | -$15.92M | -$12.13M | -$7.26M | -$4.27M |
| Income Tax Expense | -$234,000 | $0 | $0 | $0 | $1,000 | $1,000 | $2,000 | $1,000 | $2,000 | $866 |
| Net Income? | -$148.48M | -$10.33M | -$21.99M | -$37.44M | -$34.49M | -$24.96M | -$15.92M | -$12.13M | -$7.27M | -$4.27M |
| EPS? | $-5.96 | $-0.02 | $-652.00 | $-3106.00 | $-4400.00 | $-6400.00 | $-6320.00 | $-9840.00 | $-7324.60 | $-32.22 |
| Diluted EPS? | $-5.96 | $-0.02 | $-652.00 | $-3106.00 | $-4400.00 | $-6422.35 | $-6320.00 | $-9840.00 | $-7324.60 | $-32.22 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality