Cion Investment Corp

Financial Services US CION

6.92USD
-0.76(9.90%)

Last update at 2026-03-12T20:00:00Z

Day Range

6.927.56
LowHigh

52 Week Range

9.2111.93
LowHigh

Fundamentals

  • Previous Close 7.68
  • Market Cap620.78M
  • Volume1521719
  • P/E Ratio7.98
  • Dividend Yield9.85%
  • Revenue TTM254.54M
  • Revenue Per Share TTM4.73
  • Gross Profit TTM 194.90M
  • Diluted EPS TTM1.46

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 50.51M 119.11M -11.02200M 51.84M 31.31M
Minority interest - - - - -
Net income 50.14M 118.76M -11.02200M 51.84M 31.31M
Selling general administrative 10.63M 12.87M 7.63M 6.42M 7.84M
Selling and marketing expenses - - - - -
Gross profit 61.14M 131.98M -2.20400M 59.55M -57.49700M
Reconciled depreciation - - - - -
Ebit 138.20M 106.46M 115.56M 136.84M 135.79M
Ebitda 100.14M 119.11M -11.02200M 51.84M 76.93M
Depreciation and amortization 5.31M -43.61700M - - -
Non operating income net other -0.00300M - - - -
Operating income 100.14M 119.11M -11.02200M 51.84M 76.93M
Other operating expenses 10.63M 12.87M 8.82M 7.71M 9.15M
Interest expense 49.62M 31.81M 36.84M 49.53M 45.62M
Tax provision 0.37M 0.34M - - -
Interest income 183.90M 145.48M 152.44M 191.59M 185.66M
Net interest income 134.27M 113.67M 115.60M 142.06M 140.04M
Extraordinary items - - - - -
Non recurring -49.62400M - - - -
Other items - - - - -
Income tax expense 0.37M 0.34M 0.27M 0.01M -
Total revenue 61.14M 131.98M -2.20400M 59.55M 40.46M
Total operating expenses 10.63M 12.87M 8.82M 7.71M 9.15M
Cost of revenue 3.35M 0.00000M - - 97.96M
Total other income expense net -49.62400M -31.80700M -36.83700M -49.53100M -45.61700M
Discontinued operations - - - - -
Net income from continuing ops 196.35M 118.76M -11.02200M 51.84M 31.31M
Net income applicable to common shares 50.14M 118.76M -11.02200M 51.84M 31.31M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2001.72M 1872.41M 1782.68M 1614.80M 1810.39M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 1.35M - - - -
Total liab 1122.16M 988.78M 852.17M 736.54M 857.83M
Total stockholder equity 879.56M 883.63M 930.51M 878.26M 952.56M
Deferred long term liab - - - - -
Other current liab -26.79600M -23.76300M -17.58800M -3.32700M -5.54600M
Common stock 0.05M 0.06M 0.06M 0.11M 0.11M
Capital stock 0.05M 0.06M 0.06M 0.11M 0.11M
Retained earnings -153.52100M -160.96800M -129.53400M -176.76800M -102.46300M
Other liab - - - - -
Good will - - - - -
Other assets -113.44600M 0.82M 0.47M 1.79M 0.98M
Cash 8.41M 82.74M 3.77M 19.91M 6.13M
Cash and equivalents - - - - -
Total current liabilities 26.80M 23.76M 17.59M 3.33M 5.55M
Current deferred revenue -1054.90500M - - - -
Net debt 1073.29M 868.58M 818.60M 700.04M 830.45M
Short term debt 1081.70M - 822.37M - -
Short long term debt - - - - -
Short long term debt total 1081.70M 951.32M 822.37M 719.96M 836.59M
Other stockholder equity 1033.03M 1044.55M 1059.99M 1054.91M 1054.91M
Property plant equipment - - - - -
Total current assets 160.90M 111.56M 28.18M 43.64M 44.34M
Long term investments 1954.27M 1760.03M 1754.04M 1569.37M 1765.07M
Net tangible assets - 883.63M 930.51M 878.26M 952.56M
Short term investments 113.45M 1525.04M 1581.12M - -
Net receivables 37.69M 28.82M 24.40M 23.72M 38.20M
Long term debt - 951.32M - - -
Inventory 0.00000M - - - -
Accounts payable 26.80M 23.76M 17.59M 3.33M 5.55M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - - - -
Additional paid in capital - - - - -
Common stock total equity - 0.06M - - -
Preferred stock total equity - - - - -
Retained earnings total equity - -160.96800M - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -1954.27000M -1760.03000M -1754.03900M -1569.37100M -1765.07200M
Deferred long term asset charges - - - - -
Non current assets total 1954.27M 1760.03M 1754.04M 1569.37M 1765.07M
Capital lease obligations - - - - -
Long term debt total - 951.32M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments - - - - -
Change to liabilities -12.23700M 12.42M -1.55600M -15.40700M -20.08100M
Total cashflows from investing activities - - - - -
Net borrowings 127.50M 105.00M -116.04100M -57.50000M 187.08M
Total cash from financing activities 43.69M 33.11M -184.95100M -137.48000M 75.80M
Change to operating activities 80.38M -12.15900M -43.63700M -20.09600M 197.53M
Net income 50.14M 118.76M -11.02200M 51.84M 31.31M
Change in cash 78.97M -16.14000M 13.78M -11.44400M -38.77500M
Begin period cash flow 3.77M 19.91M 6.13M 17.58M 56.35M
End period cash flow 82.74M 3.77M 19.91M 6.13M 17.58M
Total cash from operating activities 35.28M -49.24800M 198.73M 126.04M -114.57900M
Issuance of capital stock - 0.00000M 0.00000M 6.51M 32.23M
Depreciation 5.31M -43.61700M 19.88M 10.55M 53.25M
Other cashflows from investing activities - - - - -
Dividends paid -66.64400M -56.04100M -39.98500M -48.97200M 44.75M
Change to inventory - - - - -
Change to account receivables -0.98300M -1.06100M 11.22M -10.28400M 18.70M
Sale purchase of stock -15.44400M -10.46700M -23.30000M -35.79900M -97.04300M
Other cashflows from financing activities 125.78M 270.62M 480.53M 311.28M 290.37M
Change to netincome -85.19500M -170.01400M 238.69M 117.08M -345.24900M
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes 34.70M - - - -
Change in working capital -9.89100M 13.52M 10.10M -28.79800M 2.14M
Stock based compensation - - - - -
Other non cash items -10.28600M -137.91600M 179.77M 92.44M -201.27900M
Free cash flow 35.28M -49.24800M 198.73M 126.04M -114.57900M

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
CION
Cion Investment Corp
-0.76 9.90% 6.92 7.98 8.50 2.44 0.73 18.32
BX
Blackstone Group Inc
-5.13 4.78% 102.12 44.45 29.85 14.38 14.06 11.73
BLK
BlackRock Inc
-28.27 2.97% 922.90 23.92 21.23 8.04 3.78 7.54 16.86
APO
Apollo Global Management LLC Class A
-5.8 5.47% 100.30 18.23 20.92 3.08 6.11 2.73 14.76
IVSXF
Investor AB (publ)
- -% 39.85 20.83 - 0.88 1.11 10.01 1.68

Reports Covered

Stock Research & News

Profile

CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization investments. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefers to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $30 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.

Cion Investment Corp

100 Park Avenue, New York, NY, United States, 10017

Key Executives

Name Title Year Born
Mr. Michael A. Reisner Esq., J.D. Co-Founder & Co-Chairman & Co-CEO 1971
Mr. Mark Gatto J.D. Co-Founder, Co-Chairman & Co-CEO 1973
Mr. Gregg A. Bresner CFA Pres & Chief Investment Officer NA
Mr. Joe Elsabee Managing Director NA
Mr. Keith S. Franz CPA MD, Treasurer & CFO 1969
Mr. Stephen Roman Chief Compliance Officer, Counsel & Sec. 1982
Mr. Eric A. Pinero Chief Legal Officer NA
Mr. Alexander Cavalieri MD and Head of Marketing & Strategy NA
Mr. Geoffrey A. Manna Sr. Managing Director NA
Ms. Aditi Budhia Sr. VP NA

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