TON Strategy Company TONX

3.58 (0.29) (7.49%) as of 25 Sep
Market cap
$213.1M
P/E
0.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.09
Total sells 3.37
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — 4 — — 1 —
Sell — 2 3 — — — — — — — 1 1
Insider Ownership 48.77%

Capital & Financial Ratios

Market Cap 213.13
Revenue 31.75
Net Income (158.03)
Free Cash Flow (325.52)
Net Debt (28.97)
Current Ratio 6.39
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 6.56
P/B ratio 0.52
Past 5Y EPS Growth 41.88%
This Y EPS Growth 58.52%
Next Y EPS Growth 34.37%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 4 13 40 29
Receivables — 3 1 1
Inventory — — — —
Other — — — 1
5 16 42 32
2023 2024 2025 Q'26
Payables 1 1 2 2
ST’ Debt — — — —
Other 0 0 1 —
7 4 5 5
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 5.10% 1,068.97%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 106.80% 328.48%

Revenue

Mar Jun Sep Dec Year
’26 5 15 — — —
’25 1 2 4 8 13
’24 0 0 0 1 1
’23 0 0 0 0 0
’22 3 2 0 (3) 0
’21 3 2 3 3 11
’20 2 3 3 2 10
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (5) (6) — — —
’25 (1) 1 (13) (8) (21)
’24 (2) (3) (2) (2) (9)
’23 (3) (2) (2) (2) (9)
’22 (6) (2) (3) (2) (14)
’21 (7) (7) (7) (5) (26)
’20 (2) (2) (5) (7) (16)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (1) 1 (308) (8) (316)
’24 (2) (3) (2) (2) (9)
’23 (3) (2) (2) (2) (9)
’22 (8) (4) (3) (3) (18)
’21 (7) (7) (7) (8) (28)
’20 (2) (3) (5) (7) (17)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (1.56) 1.31 — — —
’25 (2.51) (1.79) 2.23 (4.08) (5.96)
’24 (22.00) (4.00) (3.82) (2.20) (19.36)
’23 (318.00) (490.00) (136.00) 288.09 (652.00)
’22 (720.00) (560.00) (640.00) (1.28k) (3.12k)
’21 (1.28k) (1.52k) (1.12k) (560.00) (4.40k)
’20 (1.84k) (880.00) (1.44k) (2.32k) (6.40k)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
3,000.00 6,360.00 9,600.00 5,760.00 7,200.00 7,360.00 848.00 28.00 5.05 1.88

Analyst estimates 2026–2028

Powerpack
Low Price
23,880.00 61,200.00 364,800.00 149,680.00 21,120.00 31,760.00 13,520.00 4,640.00 184.60 29.77
High Price
3 7 10 125 108 112 77 23 19 25
Employees
0 0 0 0 0 0 0 0 0 1
Revenue/Emp
— 0 0 9 10 11 0 0 1 13
Revenue
0.00% (33.33%) (62.50%) 46.48% 51.82% 57.20% 62.50% 69.84% 74.97% 69.53%
Gross Margin
(4) (7) (12) (16) (25) (34) (16) (15) (11) (149)
EBT
0.00% (121,066.67%) (37,893.75%) (174.90%) (250.43%) (327.69%) (199,475.00%) (23,561.90%) (1,174.30%) (1,163.04%)
EBT Margin
(4) (7) (12) (16) (25) (34) (37) (22) (11) (148)
Net Income
0 0 1 3 3 4 2 3 1 4
Depreciation
0.00 6.67 26.67 3,640.00 2,214.44 1,332.15 0.66 1.85 1.51 0.51
Revenue/Sh
(429.55) (8,214.18) (9,828.50) (6,320.00) (6,400.00) (4,400.00) (3,120.00) (652.00) (19.36) (5.96)
Earnings/Sh
(160.40) (1,863.33) (3,464.17) (3,247.20) (3,620.89) (3,273.67) (1,130.83) (257.12) (14.79) (0.83)
Cash Flow/Sh
(0.25) 0.00 0.00 (58.40) (70.44) (286.46) (392.31) (9.00) (0.72) (11.76)
Capex/Sh
(160.65) (1,863.33) (3,464.17) (3,305.60) (3,691.33) (3,560.13) (1,523.14) (266.12) (15.52) (12.59)
Free CF/Sh
(346.82) (6,432.22) (4,212.50) 4,578.00 2,387.78 1,686.33 426.94 91.91 27.04 16.19
Book Value/Sh
0 0 0 0 0 0 0 0 1 25
Shares
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— 0.00 1,426.50 3.41 5.96 7.45 6.56 18.78 4.33 3.35
PS Ratio
— 0.00 0.00 2.71 7.73 5.88 3.05 8.16 0.24 0.12
PB Ratio
— 0.00 1,439.97 3.42 5.93 7.44 6.05 (44.57) (10.54) 0.70
EV/Sales
— (6.45) (11.05) (3.76) (3.55) (2.78) (0.79) 0.31 1.03 (0.03)
EV/FCF
(2) (2) (4) (8) (16) (26) (14) (9) (9) (21)
Op' Cash Flow
0 — — 0 0 (2) (5) 0 0 (295)
Capex
(2) (2) (4) (8) (17) (28) (18) (9) (9) (316)
FCF
(4) (6) (4) (9) (13) (15) (12) (3) 12 38
Working Cap'
3 3 1 1 1 1 1 0 0 —
Total Debt
0 0 0 0 0 0 (1) (4) (13) (40)
Net Debt
(3) (6) (5) 11 11 13 5 3 16 406
Sh' Equity
(2,484.94%) (7,406.73%) (2,449.90%) (108.81%) (94.93%) (104.02%) (127.91%) (125.43%) (72.90%) (69.31%)
ROA
0.00% 0.00% 0.00% (85.85%) (148.83%) (158.90%) (298.49%) 0.00% (268.44%) (6.21%)
ROIC
147.11% 156.98% 223.66% (498.22%) (302.30%) (331.72%) (407.65%) (834.42%) (141.93%) (70.85%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

TON Strategy Company peers in Software Application

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DHX DHI Group, Inc. $207.1M 158× Compare
EXFY Expensify, Inc. $206.1M 0.0× Compare
KLTR Kaltura, Inc. $202.9M 0.0× Compare
SMRT SmartRent, Inc. $224.5M 0.0× Compare
Company Market cap P/E Compare
ASUR Asure Software, Inc. $228.4M 0.0× Compare
PERF Perfect Corp. $195.6M 37.5× Compare
IMMR Immersion Corporation $237.4M 171× Compare
AZ A2Z Cust2Mate Solutions Corp. $250.1M 0.0× Compare

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TON Strategy Company (TONX) key facts

  • TON Strategy Company (TONX) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of September 25, 2026, TONX traded at $3.58, a market capitalization of $213.1 million.
  • Return on equity was −70.9% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

TON Strategy Company (TONX) Latest News

News by impact score

Fine-tune

11 Aug

4 transcript

TON Strategy (TONX) held Q2 2026 earnings call covering quarterly results, operations and forward outlook. Earnings call delivers financial metrics and strategy updates that can shift TONX valuation and sentiment.

3 transcript

TON Strategy Co. (TONX) presented its Q2 2026 earnings results and outlook during the earnings call. Quarterly earnings releases deliver financial metrics and guidance that moderately shift near-term investor sentiment and valuation for TONX.

2 Jul

3

TON Strategy Company launches share repurchase plan for undervalued shares, positioning TONX stock for weekly gains. Repurchase plan signals management confidence and supports near-term stock performance without altering long-term fundamentals.

9 Jun

3

A major Nasdaq-listed TON holder locked 226 million tokens while yields rose. Whale token lock may lift short-term sentiment and staking activity around TONX without altering core operations.

8 Jun

4

TON Strategy Company reported higher May staking yields after network upgrades went live. Higher staking yields from live network upgrades strengthen operational results and investor interest.

1 Jun

4 transcript

TON Strategy (TONX) released Q4 2025 earnings transcript detailing quarterly financial results, operational updates and management outlook. Earnings transcripts disclose financial results and forward guidance that directly move valuations and investor positioning.

12 May

4

TON Strategy Co (TONX) Q1 2026 earnings call highlights strategic navigation of challenges amid key financial updates and forward-looking initiatives. Earnings call highlights strategic responses to challenges, signaling major shifts in operations and investor outlook.

4

TON Strategy Co. (TONX) released Q1 2026 earnings call summary highlighting financial performance, strategic updates, and future outlook. Q1 earnings call summaries disclose key financials and guidance that significantly shape investor sentiment and stock trajectory.

4 transcript

Ton Strategy (TONX) Q1 2026 earnings call transcript details quarterly financial results, management discussion, operational highlights, and forward-looking guidance. Q1 earnings transcript outlines financial performance and strategic plans likely to significantly influence TONX's trajectory and investor sentiment.

20 Apr

4

TON Strategy Company (TONX) subsidiary AlphaTON Capital rebrands to Alpha Compute and expands into AI computing business. Rebranding and AI expansion mark major strategic pivot into high-growth sector, boosting TONX's competitive edge and investor appeal.

1 Apr

4

TON Strategy Co. (TONX) released Q4 2025 earnings call summary highlighting quarterly financial results, strategic initiatives, and forward guidance. Q4 earnings call summary discloses key financial metrics and outlook directly influencing TONX's market performance and investor confidence.

31 Mar

4

TON Strategy Co (TONX) reported record revenue growth in Q4 2025 earnings call highlights, amid operational challenges. Record revenue growth represents significant positive financial performance likely to enhance market position and investor sentiment.

24 Feb

4

H.C. Wainwright initiates coverage of AlphaTON Capital (TONX) with a $2 share price target. Analyst coverage initiation with $2 target boosts visibility and investor sentiment for TONX.

18 Dec

4

AlphaTON Capital has initiated a report highlighting the potential of Telegram's economic model, suggesting that investors can capture significant value at a discounted rate. The report emphasizes the unique advantages of Telegram's ecosystem and its implications for future growth, positioning AlphaTON as a strategic player in the market. The report outlines strategic insights that could significantly influence investor sentiment and market positioning for TONX.

12 Nov

4

TON Strategy Company (TONX) reported its financial results for the third quarter of 2025, highlighting a significant increase in revenue and a strategic update on its TON Treasury strategy. The company emphasized its commitment to enhancing its treasury management and optimizing asset allocation to support future growth. Key financial metrics showed improvement, indicating a positive trajectory for the company amidst a challenging market environment. The financial results and strategic updates indicate significant moves that could alter the company's trajectory and investor sentiment.

3 Nov

4

Nasdaq has reprimanded TON Strategy Company (TONX) over its $272 million purchase of Toncoin, raising concerns about compliance with regulatory standards. The reprimand highlights potential issues regarding the transparency and legality of the transaction, which could impact investor confidence and market perception of TONX. The company is now under scrutiny as it navigates the implications of this reprimand. Regulatory scrutiny from Nasdaq could significantly impact investor sentiment and the company's future operations.

4

Nasdaq has reprimanded TON Treasury for a $558 million stock sale intended for cryptocurrency purchases, raising concerns about compliance and transparency. The move has sparked scrutiny over the company's financial practices and its impact on investor confidence. Regulatory scrutiny and significant financial maneuvers could substantially affect investor sentiment and the company's future trajectory.

4

Toncoin's value has declined following a Nasdaq warning regarding a potential rule violation linked to a $273 million purchase by a major holder. The warning raises concerns about compliance and could impact investor confidence in Toncoin and its associated entities. Regulatory scrutiny over a significant transaction could lead to major shifts in market dynamics and investor sentiment.

23 Oct

4

TON Strategy Company (TONX) is positioning itself for a potential resurgence in the cryptocurrency market, particularly through its corporate treasury plans. Analysts predict that these strategies could drive the price of TON to $3.50 by November, indicating a renewed interest in Telegram's crypto initiatives. The company's focus on leveraging its treasury could enhance market confidence and attract investors, suggesting a significant shift in the crypto landscape. Strategic treasury plans could significantly alter market dynamics and investor sentiment towards TONX.

14 Aug

4

Verb Technology Company, Inc. has signed a one-year media campaign agreement with New to The Street, aimed at enhancing its visibility and market presence. The campaign will feature interviews and segments showcasing Verb's innovative technology solutions, targeting a broader audience and potential investors. This partnership is expected to bolster Verb's brand recognition and support its growth strategy in the competitive tech landscape. The media campaign is likely to significantly enhance brand visibility and investor interest, impacting future performance.

13 Aug

4

Verb Technology Company, Inc. has signed a one-year media campaign agreement with New to The Street, aimed at enhancing its visibility and outreach. The campaign will feature interviews and segments that highlight Verb's innovative technology solutions, targeting potential investors and customers. This partnership is expected to bolster Verb's market presence and drive engagement through various media platforms. The media campaign is likely to significantly enhance Verb's visibility and investor interest, impacting its market performance.

6 Aug

3

Verb Technology Company, Inc. (VERB) reported a loss for Q2 but exceeded revenue estimates, indicating a potential improvement in financial performance despite the loss. The company continues to focus on its growth strategies and product offerings, which may positively influence investor sentiment moving forward. Exceeding revenue estimates suggests moderate improvement in financial performance, but the reported loss indicates challenges remain.

4 Aug

4

Verb Technology Company, Inc. (VERB) has announced the pricing of a private placement of its securities, aiming to raise approximately $5 million. The company plans to use the proceeds for general corporate purposes and to support its rebranding efforts as Ton Strategy. This rebranding is part of a strategic shift to enhance its market presence and align its offerings with evolving customer needs. The rebranding and private placement are significant strategic moves that could enhance market positioning and investor sentiment.

3

Verb Technology Company, Inc. (VERB) is linked to a Telegram-associated online marketer planning to raise $558 million for its treasury. This move is part of a broader strategy to enhance financial resources and market positioning, potentially impacting the company's operational capabilities and growth prospects. The fundraising initiative may moderately influence Verb's financial performance and market sentiment.

24 Jul

3

FlavCity and MARKET.live have launched a new product on TikTok LIVE featuring Bobby Parrish, offering exclusive deals and a brand announcement during the stream. This collaboration aims to leverage TikTok's platform for enhanced visibility and engagement with consumers. The collaboration with TikTok LIVE could moderately influence VERB's market presence and brand engagement.

26 Jun

4

Verb Technology Company, Inc. announced that its MARKET.live division will produce a livestream shopping event for gut-health brand BelliWelli on Walmart.com, scheduled for July 1, 2025. This event marks BelliWelli's debut on the platform and will be broadcast live from MARKET.live Studios in California. Katie Wilson, BelliWelli's CEO, expressed excitement about the collaboration, highlighting the energy and creativity of the MARKET.live team. Rory J. Cutaia, CEO of VERB, emphasized the significance of this event in supporting BelliWelli's launch and the company's growth in interactive video social commerce. The trend of livestream shopping is gaining traction among major brands to enhance customer engagement and conversion rates. The collaboration with Walmart for a high-profile livestream event is a significant strategic move that could enhance VERB's market position and growth in social commerce.

5 Jun

4

Verb Technology Company, Inc. (VERB) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the stock. The Zacks rating system, based on earnings estimate revisions, suggests that the stock's price may rise as institutional investors respond to improved earnings potential. Analysts have raised their earnings estimates for Verb Technology, with a notable increase of 11.1% in the Zacks Consensus Estimate for the fiscal year ending December 2025. This upgrade places Verb Technology in the top 20% of Zacks-covered stocks, signaling strong potential for market-beating returns. The upgrade reflects significant improvements in earnings estimates, which are likely to influence investor sentiment and stock performance.

13 May

4

Verb Technology Company, Inc. reported strong financial results for Q1 2025, achieving $1.3 million in revenue, an 80% increase from the previous quarter. The company successfully acquired an AI social commerce technology firm for $8.5 million while maintaining a zero-debt position. CEO Rory J. Cutaia highlighted the growth of various business units, including MARKET.live and telehealth platforms, and expressed optimism for future performance. The company is well-positioned with a robust cash balance and expects continued growth in Q2. The acquisition of AI technology and significant revenue growth indicate a strategic shift that could significantly enhance the company's market position.

4

Verb Technology Company, Inc. (VERB) has exceeded all analysts' expectations for its Q1 2025 financial performance, showcasing strong growth and operational efficiency. The company's innovative solutions and strategic initiatives have contributed to this positive outcome, reinforcing its position in the market and boosting investor confidence. Exceeding financial performance estimates indicates significant operational success and potential for future growth.

3

Verb Technology Company, Inc. (VERB) reported a Q1 loss of $2.51 per share, better than the Zacks Consensus Estimate of a loss of $3.14, and a significant improvement from a loss of $22 per share a year ago. The company posted revenues of $1.31 million, exceeding estimates by 63.13%. Despite surpassing EPS estimates three times in the last four quarters, the stock has underperformed the market, losing 11.2% year-to-date. The current Zacks Rank is #5 (Strong Sell), indicating unfavorable earnings outlook. The consensus EPS estimate for the next quarter is -$2.97 with revenues of $0.9 million. The Internet - Software industry ranks in the top 36% of Zacks industries, which may influence Verb's performance. The company's mixed earnings report and unfavorable outlook suggest a moderately noticeable influence on its future performance.

stockrow.com/TONX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com