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TON Strategy Company (TONX) investor relations material
TON Strategy Company Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned to a digital asset treasury and Web3 ecosystem model, focusing on Toncoin and The Open Network (TON) blockchain, with staking as a core yield strategy beginning August 2025.
Launched TON Treasury Strategy in August 2025, acquiring and staking Toncoin to generate on-chain rewards and support The Open Network ecosystem.
Completed a $558M PIPE/private placement financing, using proceeds to acquire and stake Toncoin, and launched the TON Treasury Strategy.
Rebranded and began trading on Nasdaq under ticker TONX; approved a $250 million stock buyback and repurchased shares below book value.
Acquired LyveCom, enhancing AI-driven social commerce capabilities for the MARKET.live segment.
Financial highlights
Net income attributable to common stockholders for Q3 2025 was $84.7M, compared to a net loss of $2.0M in Q3 2024.
Revenue for Q3 2025 was $3.6M, up from $128K in Q3 2024; nine-month revenue reached $7.0M, up from $172K year-over-year.
Gross profit was $2.7M (75.4% margin), compared to $74K (57.8%) in Q3 2024.
Net gain on crypto assets of $120.4M in Q3 2025, reflecting gains from Toncoin purchases and revaluation.
Digital assets held at quarter-end valued at $588.2M; cash and restricted cash totaled $53.9M.
Outlook and guidance
Management prioritizes long-term accumulation and staking of Toncoin, aiming to maximize treasury asset value per share.
Plans to continue expanding Toncoin holdings, stake additional assets, and support The Open Network's development.
Focus on disciplined capital allocation, infrastructure buildout, and key hires to support growth and compliance.
- TimeTickerHeadlineOpen
- 6 FebWASH
Q4 2025 net income up 48%, adjusted EPS up 41%, AUA $7.8B, dividend yield 7.58%. - 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
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Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
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