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Companies/TON Strategy Co.
Company profile

TON Strategy Co.

NASDAQ: TONX · Financial Services · Asset Management
PublicHQ Las Vegas, NV · ClarkCIK 0001566610Reports USD
#616 of 1,011 Financial Services companies by revenuetop-decile growth
EA Score
43D
FH 38DQ 46GM 51SS 42
v0.1 · 65/100 weight · provisional
↑ balance-sheet leverage, revenue growth (YoY) · ↓ growth stability, return on equity
Methodology →
Revenue TTM
$16.7M
Rev growth YoY (TTM)
+662.7%
Net income (FY)
-$148.5M
Employees
18
Market cap
$162.8M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$12.8M$12.8M2025
Net income-$148.5M-$148.5M2025
Operating income-$36.4M-$36.4M2025
Total assets$411.2M$411.2M2025
Liabilities$4.8M$4.8M2025
Equity$406.5M$406.5M2025

Revenue trend

FY2019 – FY2025 · USD
$32.0k
FY19
$9.1M
FY19
$10.0M
FY20
$10.5M
FY21
$9.4M
FY22
$63.0k
FY23
$895.0k
FY24
$12.8M
FY25

Revenue by segment

Filed disclosures · FY2022
By product
SaaS Recurring Subscription Revenue100%
By geography

Not disclosed.

The read

TON Strategy Co. booked $12.8M in FY2025 revenue, growing 1328% year over year — faster than 98% of Financial Services companies we track, at a -1161.9% net margin.

Peers · Financial Services
QNB Corp.——Ellington Credit Company——ENB Financial Corp——Marquette National Corporation43D
Neighbors
Clark →
Las Vegas Sands Corp.$13.0B80B+MGM Resorts International$17.5B68BWynn Resorts, Limited$7.1B65BMP Materials Corp.$224.4M49DBitmine Immersion Technologies, Inc.$6.1M47DBoyd Gaming Corporation$4.1B77B+
Key facts
CEOVeronika Kapustina
SectorFinancial Services
IndustryAsset Management
HeadquartersLas Vegas, NV
ExchangeNASDAQ: TONX
Employees18
IPO date2014-11-19
Latest filings
8-K2026-07-018-K2026-06-238-K2026-06-1210-Q2026-05-128-K2026-05-12DEF 14A2026-04-308-K2026-04-1610-K2026-03-31
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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