Cion Invt Corp Financials

CION

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Cion Invt Corp (CION) 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).

Financial Health Signals

Financial Profile 14/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Cion Invt Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Cion Invt Corp carries a low D/E ratio of 1.59, meaning only $1.59 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.

Returns

Cion Invt Corp generates a -2.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 15/100. This is down from 4.1% the prior year.

Piotroski F-Score Weak

3/9

Cion Invt Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Mixed

-3.72x

For every $1 of reported earnings, Cion Invt Corp generates $-3.72 in operating cash flow ($76.8M OCF vs -$20.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$20.6M

YoY-160.9%

Cion Invt Corp reported -$20.6M in net income in fiscal year 2025. This represents a decrease of 160.9% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$8.2M

YoY+6.4%

5Y CAGR-16.3%

Cion Invt Corp held $8.2M in cash against $1.1B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.44

YoY-5.3%

5Y CAGR+5.3%

Cion Invt Corp paid $1.44 per share in dividends in fiscal year 2025. This represents a decrease of 5.3% from the prior year.

Shares Outstanding

51M

YoY-3.3%

5Y CAGR-1.9%

Cion Invt Corp had 51M shares outstanding in fiscal year 2025. This represents a decrease of 3.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-2.9%

YoY-7.1pp

5Y CAGR-1.7pp

Cion Invt Corp'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.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$17.2M

YoY+51.5%

5Y CAGR-5.9%

Cion Invt Corp 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.

Capital Expenditures

N/A

CION Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.3M-11.5%	$7.2M-3.0%	$7.4M+1.4%	$7.3M-25.8%	$9.8M+61.1%	$6.1M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$90.5M-6.5%	$96.9M+13.2%	$85.6M+72.4%	$49.6M+56.0%	$31.8M-13.7%	$36.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$20.6M-160.9%	$33.9M-64.4%	$95.3M+90.1%	$50.1M-57.8%	$118.8M+1177.5%	-$11.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$1.6M+18.4%	$1.4M-24.1%	$1.8M	N/A	$1.9M+11.8%	$1.7M-7.0%	$1.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$22.7M+0.1%	$22.6M-1.6%	$23.0M	N/A	$23.6M-0.9%	$23.8M-2.2%	$24.3M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$41.1M-214.6%	$35.9M+31.3%	$27.3M+164.0%	-$42.7M-882.4%	$5.5M+1540.1%	-$379K-101.7%	$22.4M+247.2%	$6.4M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CION Balance Sheet

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
Current Assets	N/A	N/A	N/A	N/A	N/A	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
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.1B+2.0%	$1.1B+0.2%	$1.1B+13.5%	$988.8M+16.0%	$852.2M	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	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

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$1.9B-1.5%	$1.9B+0.2%	$1.9B-0.8%	$1.9B-2.5%	$1.9B+1.6%	$1.9B-2.3%	$2.0B-0.4%	$2.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$8.2M+107.6%	$3.9M-39.8%	$6.5M-15.4%	$7.7M+0.7%	$7.7M-74.2%	$29.8M+203.8%	$9.8M-79.8%	$48.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.1B+3.2%	$1.1B-1.0%	$1.1B-1.5%	$1.1B+1.3%	$1.1B+4.5%	$1.1B-2.1%	$1.1B-0.5%	$1.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.1B+4.4%	$1.1B-2.1%	$1.1B+0.2%	$1.1B+0.1%	$1.1B+4.2%	$1.1B-0.6%	$1.1B+0.1%	$1.1B
Total Equity	$707.6M-8.4%	$772.5M+1.8%	$758.6M+0.2%	$756.8M-7.8%	$820.8M-2.2%	$839.2M-2.5%	$860.8M-0.3%	$863.1M
Retained Earnings	-$296.9M-25.2%	-$237.2M+6.7%	-$254.4M+3.2%	-$262.8M-30.8%	-$200.9M-8.9%	-$184.6M-11.9%	-$164.9M+0.3%	-$165.4M

CION Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$76.8M-12.9%	$88.2M+190.8%	-$97.2M-375.4%	$35.3M+171.6%	-$49.2M-124.8%	$198.7M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$76.3M+14.2%	-$88.9M-489.6%	$22.8M-47.7%	$43.7M+32.0%	$33.1M+117.9%	-$185.0M
Dividends Paid	$78.0M-12.8%	$89.5M-2.7%	$92.0M+38.0%	$66.6M+18.9%	$56.0M+40.2%	$40.0M
Share Buybacks	$17.2M+51.5%	$11.3M-1.5%	$11.5M-25.4%	$15.4M+47.5%	$10.5M-55.1%	$23.3M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$17.1M-138.5%	$44.4M+2.1%	$43.5M+612.9%	$6.1M+114.0%	-$43.4M-183.5%	$52.0M+410.8%	-$16.7M-117.4%	$96.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$21.3M+145.4%	-$47.0M-5.2%	-$44.6M-638.4%	-$6.0M-128.3%	$21.3M+166.6%	-$32.0M-45.9%	-$22.0M+61.0%	-$56.3M
Dividends Paid	$18.6M-0.9%	$18.7M-50.8%	$38.1M+1330.1%	$2.7M-86.1%	$19.2M-12.5%	$21.9M+13.6%	$19.3M-33.8%	$29.1M
Share Buybacks	$5.2M+59.9%	$3.3M-50.3%	$6.6M+201.8%	$2.2M+8.4%	$2.0M0.0%	$2.0M-25.0%	$2.7M-42.8%	$4.7M

CION Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
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
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.59+0.3	1.34+0.1	1.23+0.2	1.08+0.2	0.88	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-5.8%-10.4pp	4.6%+1.0pp	3.6%+9.2pp	-5.6%-6.3pp	0.7%+0.7pp	-0.1%-2.6pp	2.6%+1.8pp	0.8%
Return on Assets	-2.2%-4.1pp	1.9%+0.4pp	1.5%+3.7pp	-2.3%-2.5pp	0.3%+0.3pp	-0.0%-1.2pp	1.1%+0.8pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.59+0.2	1.40-0.1	1.450.0	1.45+0.1	1.34+0.1	1.26+0.0	1.230.0	1.23
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Cion Invt Corp profitable?

No, Cion Invt Corp (CION) reported a net income of -$20.6M in fiscal year 2025.

How much debt does Cion Invt Corp have?

As of fiscal year 2025, Cion Invt Corp (CION) had $8.2M in cash and equivalents against $1.1B in long-term debt.

Does Cion Invt Corp pay dividends?

Yes, Cion Invt Corp (CION) paid $1.44 per share in dividends during fiscal year 2025.

What is Cion Invt Corp's return on equity (ROE)?

Cion Invt Corp (CION) 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 Invt Corp's operating cash flow?

Cion Invt Corp (CION) generated $76.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cion Invt Corp's total assets?

Cion Invt Corp (CION) had $1.9B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Cion Invt Corp buy back shares?

Yes, Cion Invt Corp (CION) spent $17.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Cion Invt Corp have outstanding?

Cion Invt Corp (CION) had 51M shares outstanding as of fiscal year 2025.

What is Cion Invt Corp's debt-to-equity ratio?

Cion Invt Corp (CION) 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 Invt Corp's return on assets (ROA)?

Cion Invt Corp (CION) 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 Invt Corp's Piotroski F-Score?

Cion Invt Corp (CION) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 Invt Corp's earnings high quality?

Cion Invt Corp (CION) has an earnings quality ratio of -3.72x, considered mixed quality. 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.

How financially healthy is Cion Invt Corp?

Cion Invt Corp (CION) scores 14 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.