TON Strategy Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	7.76	0.9	0.06	0.01	10.52	9.97
Revenue Growth (YoY)	3760.70%	1320.63%	687.50%	-99.92%	5.61%	9.50%
Cost of Revenue	1.98	0.22	0.02	0	4.5	4.8
Gross Profit	5.78	0.67	0.04	0.01	6.02	5.16
Selling, General & Admin	35.55	11.24	11.51	17.77	25.71	20.46
Research & Development	-	-	-	-	12.35	7.93
Operating Expenses	36.79	12.32	13.84	18.88	39.73	29.9
Operating Income	-31.01	-11.64	-13.8	-18.87	-33.71	-24.74
Interest Expense	-0	-0.24	-1.19	-1.41	-2.58	-0.89
Interest & Investment Income	0.83	0.69	-	-	-	-
Other Non Operating Income (Expenses)	121.05	0.72	0.34	4.33	0.69	0.67
EBT Excluding Unusual Items	90.86	-10.47	-14.64	-15.96	-35.6	-24.97
Gain (Loss) on Sale of Investments	-0.15	-0.04	-	-	-	-
Legal Settlements	-	-	-0.2	-	-	-
Other Unusual Items	-	-	-	-	1.11	0.01
Pretax Income	90.71	-10.51	-14.84	-15.96	-34.49	-24.96
Income Tax Expense	14.15	-	-	-	-	0
Earnings From Continuing Operations	76.56	-10.51	-14.84	-15.96	-34.49	-24.96
Earnings From Discontinued Operations	-	-	-7.15	-21.48	-	-
Net Income to Company	76.56	-10.51	-21.99	-37.44	-34.49	-24.96
Minority Interest in Earnings	-0.35	0.18	-	-	-	-
Net Income	76.21	-10.33	-21.99	-37.44	-34.49	-24.96
Preferred Dividends & Other Adjustments	1.4	1.14	0.16	0.25	0.35	3.95
Net Income to Common	74.81	-11.47	-22.16	-37.68	-34.83	-28.91
Shares Outstanding (Basic)	10	1	0	0	-	-
Shares Outstanding (Diluted)	10	1	0	0	-	-
Shares Change (YoY)	2693.69%	1642.84%	180.14%	-	-	-
EPS (Basic)	7.29	-19.36	-651.80	-3105.32	-	-
EPS (Diluted)	7.29	-19.36	-651.80	-3105.32	-	-
Free Cash Flow	-14.88	-9.11	-10.63	-19.43	-25.89	-16.61
Free Cash Flow Per Share	-1.45	-15.37	-312.66	-1600.82	-	-
Gross Margin	74.48%	74.97%	69.84%	62.50%	57.20%	51.82%
Operating Margin	-399.63%	-1301.01%	-21896.83%	-235925.00%	-320.33%	-248.24%
Profit Margin	963.98%	-1281.79%	-35171.43%	-471037.50%	-331.00%	-290.09%
Free Cash Flow Margin	-191.79%	-1017.54%	-16871.43%	-242825.00%	-245.99%	-166.69%
EBITDA	-30.27	-11.57	-13.67	-18.7	-32.04	-23.23
EBITDA Margin	-	-	-	-	-	-233.09%
D&A For EBITDA	0.74	0.08	0.12	0.18	1.68	1.51
EBIT	-31.01	-11.64	-13.8	-18.87	-33.71	-24.74
EBIT Margin	-	-	-	-	-	-248.24%
Revenue as Reported	6.87	-	-	-	10.52	9.97

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.