Cion Investment Financials
This page shows Cion Investment (CICB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The dominant mechanic is a shrinking equity cushion absorbing higher leverage while cash distributions remain substantial.
Reported earnings and operating cash flow have decoupled: 2025 produced a net loss of-$20.6M while operating cash flow remained positive at$76.8M . That gap means the period’s accounting result was not a direct proxy for cash generation, so earnings alone understate the business’s cash activity.
Leverage has risen as equity has contracted: debt-to-equity reached 1.6x in FY2025 versus 0.9x in FY2021, while total equity fell to
Cash distributions are running close to operating cash generation: FY2025 dividends paid were
Financial Health Signals
Cion Investment does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Cion Investment passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Cion Investment reported a net loss of $20.6M while generating $76.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Cion Investment reported -$20.6M in net income in fiscal year 2025. This represents a decrease of 160.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Cion Investment held $8.2M in cash against $1.1B in long-term debt as of fiscal year 2025.
Cion Investment paid $1.44 per share in dividends in fiscal year 2025. This represents a decrease of 5.3% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Cion Investment's ROE was -2.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Cion Investment spent $17.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 51.5% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
CICB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| SG&A Expenses | N/A | $6.3M-11.5% | $7.2M-3.0% | $7.4M+1.4% | $7.3M-25.8% | $9.8M+61.1% | $6.1M |
| Interest Expense | N/A | $90.5M-6.5% | $96.9M+13.2% | $85.6M+72.4% | $49.6M+56.0% | $31.8M-13.7% | $36.8M |
| Net Income | $2.7M | -$20.6M-160.9% | $33.9M-64.4% | $95.3M+90.1% | $50.1M-57.8% | $118.8M+1177.5% | -$11.0M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, Income Tax, EPS (Diluted).
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CICB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $1.9B-4.7% | $1.9B-2.8% | $2.0B+6.9% | $1.9B+5.0% | $1.8B | N/A |
| Cash & Equivalents | $8.2M+6.4% | $7.7M-8.9% | $8.4M-89.8% | $82.7M+2092.3% | $3.8M-81.0% | $19.9M |
| Total Liabilities | $1.1B+2.0% | $1.1B+0.2% | $1.1B+13.5% | $988.8M+16.0% | $852.2M | N/A |
| Long-Term Debt | $1.1B+2.4% | $1.1B+1.6% | $1.1B+13.7% | $951.3M+15.7% | $822.4M | N/A |
| Total Equity | $707.6M-13.8% | $820.8M-6.7% | $879.6M-0.5% | $883.6M-5.0% | $930.5M+5.9% | $878.3M |
| Retained Earnings | -$296.9M-47.8% | -$200.9M-30.9% | -$153.5M+4.6% | -$161.0M-24.3% | -$129.5M | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.
CICB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $44.3M | $76.8M-12.9% | $88.2M+190.8% | -$97.2M-375.4% | $35.3M+171.6% | -$49.2M-124.8% | $198.7M |
| Financing Cash Flow | -$43.2M | -$76.3M+14.2% | -$88.9M-489.6% | $22.8M-47.7% | $43.7M+32.0% | $33.1M+117.9% | -$185.0M |
| Dividends Paid | $67.4M | $78.0M-12.8% | $89.5M-2.7% | $92.0M+38.0% | $66.6M+18.9% | $56.0M+40.2% | $40.0M |
| Share Buybacks | $26.2M | $17.2M+51.5% | $11.3M-1.5% | $11.5M-25.4% | $15.4M+47.5% | $10.5M-55.1% | $23.3M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CICB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Return on Equity | -2.9%-7.1pp | 4.1%-6.7pp | 10.8%+5.2pp | 5.7%-7.1pp | 12.8%+14.0pp | -1.3% |
| Return on Assets | -1.1%-2.8pp | 1.7%-3.0pp | 4.8%+2.1pp | 2.7%-4.0pp | 6.7% | N/A |
| Debt-to-Equity | 1.59+0.3x | 1.34+0.1x | 1.23+0.2x | 1.08+0.2x | 0.88 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, FCF Margin.
Where Cion Investment Ranks
Frequently Asked Questions
Is Cion Investment profitable?
No, Cion Investment (CICB) reported a net income of -$20.6M in fiscal year 2025.
How much debt does Cion Investment have?
As of fiscal year 2025, Cion Investment (CICB) had $8.2M in cash and equivalents against $1.1B in long-term debt.
Does Cion Investment pay dividends?
Yes, Cion Investment (CICB) paid $1.44 per share in dividends during fiscal year 2025.
What is Cion Investment's return on equity (ROE)?
Cion Investment (CICB) has a return on equity of -2.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cion Investment's operating cash flow?
Cion Investment (CICB) generated $76.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cion Investment's total assets?
Cion Investment (CICB) had $1.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Cion Investment's debt-to-equity ratio?
Cion Investment (CICB) had a debt-to-equity ratio of 1.59 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cion Investment's return on assets (ROA)?
Cion Investment (CICB) had a return on assets of -1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cion Investment's Piotroski F-Score?
Cion Investment (CICB) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cion Investment's earnings high quality?
Cion Investment (CICB) reported a net loss of $20.6M while generating $76.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.