Financial Snapshot

Revenue
$137.2M
TTM
Gross Margin
94.08%
TTM
Net Earnings
$79.44M
TTM
Current Assets
$59.95M
Q3 2024
Current Liabilities
$21.51M
Q3 2024
Current Ratio
278.66%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$839.2M
Q3 2024
Cash
Q3 2024
P/E
7.714
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $105.0M $88.58M $157.3M $163.8M $201.1M $188.1M
YoY Change 18.5% -43.71% -3.96% -18.53% 6.89%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $105.0M $88.58M $157.3M $163.8M $201.1M $188.1M
Cost Of Revenue $134.7M $95.70M $69.83M $76.30M $106.1M $88.81M
Gross Profit $116.3M $99.20M $87.52M $87.55M $95.02M $99.33M
Gross Profit Margin 110.82% 112.0% 55.62% 53.43% 47.25% 52.8%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $11.35M $10.63M $12.87M $8.550M $7.695M $9.154M
YoY Change 6.84% -17.46% 50.57% 11.11% -15.94%
% of Gross Profit 9.76% 10.71% 14.71% 9.77% 8.1% 9.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $146.0M $106.3M $12.87M $8.550M $7.695M $9.154M
YoY Change 37.36% 725.86% 50.57% 11.11% -15.94%
Operating Profit -$29.72M -$7.118M $74.65M $79.00M $87.32M $90.18M
YoY Change 317.55% -109.54% -5.5% -9.54% -3.16%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $85.56M $49.62M $44.46M -$89.75M -$35.47M -$58.87M
YoY Change 72.41% 11.62% -149.53% 153.04% -39.75%
% of Operating Profit 59.55% -113.61% -40.62% -65.28%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $95.26M $50.51M $119.1M -$10.75M $51.86M $31.31M
YoY Change 88.59% -57.59% -1207.55% -120.74% 65.62%
Income Tax -$54.00K $372.0K $342.0K $268.0K $12.00K
% Of Pretax Income -0.06% 0.74% 0.29% 0.02%
Net Earnings $95.31M $50.14M $118.8M -$11.02M $51.84M $31.31M
YoY Change 90.09% -57.78% -1177.52% -121.26% 65.58%
Net Earnings / Revenue 90.8% 56.61% 75.48% -6.73% 25.78% 16.64%
Basic Earnings Per Share
Diluted Earnings Per Share $1.74 $0.89 $2.091M -$194.0K $911.9K $548.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $8.415M $82.74M $3.774M $19.91M $6.135M $17.58M
YoY Change -89.83% 2092.34% -81.05% 224.6% -65.1%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $1.348M $825.0K $466.0K $1.788M $985.0K $189.0K
YoY Change 63.39% 77.04% -73.94% 81.52% 421.16%
Inventory
Prepaid Expenses
Receivables $967.0K $2.291M $2.854M $6.238M $19.66M $5.787M
Other Receivables $0.00 $0.00 $0.00 $0.00 $3.281M $0.00
Total Short-Term Assets $10.73M $85.86M $7.094M $27.94M $30.06M $23.56M
YoY Change -87.5% 1110.25% -74.61% -7.05% 27.61%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.954B $1.760B $1.754B $1.569B $1.765B $1.865B
YoY Change 11.04% 0.34% 11.77% -11.09% -5.37%
Other Assets
YoY Change
Total Long-Term Assets $1.991B $1.787B $1.776B $1.587B $1.780B $1.883B
YoY Change 11.44% 0.62% 11.89% -10.87% -5.45%
Total Assets $2.002B $1.872B $1.783B $1.615B $1.810B $1.906B
YoY Change
Accounts Payable $5.728M $1.012M $11.33M $133.0K $1.568M $16.85M
YoY Change 466.01% -91.07% 8416.54% -91.52% -90.69%
Accrued Expenses $23.90M $21.51M $16.55M $15.76M $18.86M $16.79M
YoY Change 11.08% 29.99% 5.03% -16.46% 12.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.46M $37.46M $27.88M $16.45M $19.68M $17.72M
YoY Change 8.02% 34.36% 69.46% -16.4% 11.01%
Long-Term Debt $1.082B $951.3M $822.4M $720.0M $836.6M $892.6M
YoY Change 13.71% 15.68% 14.23% -13.94% -6.28%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.082B $951.3M $822.4M $720.0M $836.6M $892.6M
YoY Change 13.71% 15.68% 14.23% -13.94% -6.28%
Total Liabilities $1.122B $988.8M $852.2M $736.5M $857.8M $927.2M
YoY Change 13.49% 16.03% 15.7% -14.14% -7.48%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 54.69M shares 56.56B shares 56.81B shares 56.82B shares
Diluted Shares Outstanding 54.69M shares 56.56B shares 56.81B shares 56.82B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $612.79 Million

About CION Investment Corp

CION Investment Corp. is a closed-end management investment company, which engages in investment in senior secured debt of U.S. middle market companies. The company is headquartered in New York City, New York. The company went IPO on 2021-01-19. The firm's investment objective is to generate current income and, to a lesser extent, capital appreciation for investors. Its portfolio is comprised primarily of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly traded United States middle-market companies. The firm's investment portfolio includes healthcare and pharmaceuticals, chemicals, plastics and rubber, high-tech industries, beverage, food and tobacco, capital equipment, banking, finance, insurance and real estate, aerospace and defense, construction and building, telecommunications, hotel, gaming, and leisure, automotive, and metals and mining. Its investment adviser is CION Investment Management, LLC.

Industry: UNKNOWN Peers: GAMCO INVESTORS, INC. ET AL DIAMOND HILL INVESTMENT GROUP INC Blackstone Inc. CAPITAL SOUTHWEST CORP Carlyle Secured Lending, Inc. Crescent Capital BDC, Inc. Runway Growth Finance Corp. Sculptor Capital Management, Inc. PennantPark Floating Rate Capital Ltd. Trinity Capital Inc.