← CION Investment Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Operating Revenue | — | — | $61.1m |
$106.6m
+74.38%
|
$45.9m
-56.90%
|
($9.2m)
-120.03%
|
$10.8m
+217.19%
|
|
| Net Interest Income | — | — | $134.3m |
$145.4m
+8.25%
|
$131.4m
-9.60%
|
$121.9m
-7.23%
|
$112.0m
-8.16%
|
|
| General and administrative | $6.1m | $9.8m | $7.3m | $7.4m | $7.2m | $6.3m | $11.2m | |
| Other General and Administrative Expense | — | $109k | $67k | $281k | $205k | $110k | — | |
| Operating Expenses | $84.8m | $82.7m | $106.3m | $146.0m | $156.5m | $147.9m | $11.7m | |
| Other Operating Expenses | — | — | $1.1m | $911k | $488k | $501k | — | |
| Interest Expense | $36.8m | $31.8m | $49.6m | $85.6m | $96.9m | $90.5m | $92.0m | |
| Interest income | — | $124.8m | $152.5m | $199.2m | $185.2m | $163.2m | $203.9m | |
| Paid-in-kind interest income | — | $20.7m | $31.4m | $31.7m | $0 | $5.8m | — | |
| Net investment income after taxes | $79.0m | $74.3m | $88.2m | $105.0m | $95.9m | $93.0m | — | |
| Investment Income Operating After Expense And Tax | — | $342k | $372k | $105.0m | $95.9m | $93.0m | — | |
| Net Investment Income | $79.0m | $74.6m | $88.6m | $105.0m | $96.0m | $93.0m | — | |
| Total investment income | $163.8m | $157.3m | $194.9m | $251.0m | $252.4m | $240.8m | — | |
| Debt and Equity Securities, Realized Gain (Loss) | ($69.9m) | $843k | ($32.7m) | ($31.9m) | ($28.3m) | ($39.6m) | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | ($19.9m) | $43.6m | ($5.3m) | $22.2m | ($33.6m) | ($74.1m) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | ($3k) | ($3k) | $0 | $0 | — | — | |
| Gain On Sale Of Security | ($69.9m) | $843k | ($32.7m) | ($31.9m) | ($28.3m) | ($39.6m) | ($41.6m) | |
| Pre-Tax Income | — | — | $50.5m | $95.3m | $34.0m | ($20.7m) | ($953k) | |
| Income tax (benefit) expense, including excise tax | — | $342k | $372k | ($54k) | $107k | ($85k) | — | |
| Net Income From Continuing And Discontinued Operation | ($11.0m) | $118.8m | $50.1m | $95.3m | $33.9m | ($20.6m) | ($957k) | |
| Per share information—basic and diluted | ||||||||
| Common Stock, Dividends, Per Share, Declared | $1.39 | $1.26 | $1.45 | $1.61 | $1.52 | $1.44 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 56.8b | 56.8b | 56.6b | 54.7m | 53.6m | 52.3m | 51.8m | |
| Weighted average shares of common stock outstanding - basic (in shares) | 56.8b | 56.8b | 56.6b | 54.7m | 53.6m | 52.3m | 51.8m | |
| Weighted average shares of common stock outstanding - diluted (in shares) | 56.8b | 56.8b | 56.6b | 54.7m | 53.6m | 52.3m | 51.8m | |
| Basic Average Shares | — | — | $56.6m | $54.7m | $53.6m | $52.3m | $51.8m | |
| Diluted Average Shares | — | — | $56.6m | $54.7m | $53.6m | $52.3m | $51.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 56.8b | 56.8b | 56.6b | 54.7m | 53.6m | 52.3m | 51.8m | |
| Additional Financial Items | ||||||||
| Fee income | — | $5.9m | $9.5m | $11.7m | $17.9m | $20.1m | — | |
| Dividend income | $6.9m | $5.9m | $1.5m | $8.2m | $9.2m | $5.6m | $11.4m | |
| Management fees | $31.8m | $31.1m | $27.4m | $26.9m | $27.3m | $26.1m | — | |
| Subordinated incentive fee on income | $7.6m | $6.9m | $18.7m | $22.3m | $20.3m | $19.7m | — | |
| Net realized losses on: | ($69.9m) | $843k | ($32.7m) | ($31.9m) | ($28.3m) | ($39.6m) | — | |
| Net realized losses | — | $840k | ($32.8m) | ($31.9m) | ($28.3m) | ($39.6m) | — | |
| Net change in unrealized depreciation on investments | ($19.9m) | $43.6m | ($5.3m) | $22.2m | ($33.6m) | ($74.1m) | — | |
| Net realized and unrealized losses | — | $44.5m | ($38.1m) | ($9.7m) | ($62.0m) | ($113.7m) | — | |
| Net (decrease) increase in net assets resulting from operations | ($11.0m) | $118.8m | $50.1m | $95.3m | $33.9m | ($20.6m) | — | |
| Diluted EPS | — | — | $0.89 | $1.74 | $0.63 | ($0.39) | ($0.04) | |
| Diluted NI Availto Com Stockholders | ($11.0m) | $118.8m | $50.1m | $95.3m | $33.9m | ($20.6m) | ($957k) | |
| Normalized Income | ($11.0m) | $118.8m | $50.1m | $95.3m | $33.9m | ($20.6m) | ($957k) | |
| Selling General And Administration | — | — | $9.5m | $10.4m | $11.5m | $11.0m | — | |
| Tax Effect Of Unusual Items | — | — | $0 | $0 | $0 | $0 | $0 | |
| Tax Provision | — | $342k | $372k | ($54k) | $107k | ($85k) | $4k | |
| Tax Rate For Calcs | — | — | $0 | $0 | $0 | $0 | $0 | |
| Management Fee Expense | $31.8m | $31.1m | $27.4m | $26.9m | $27.3m | $26.1m | — | |
| Administrative services expense | $2.5m | $3.1m | $3.3m | $4.0m | $4.8m | $5.2m | — | |
| Operating Expense | — | — | $10.6m | $11.4m | $11.9m | $11.5m | $11.7m |