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StockVS

NASDAQ · Software - Application · USD

TON Strategy Co (TONX) Stock Analysis

TON Strategy Co (TONX) is a Software - Application stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

TONX

$3.11

+$0.27 (+9.51%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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TONX Key Statistics

As of Oct 21, 2026
Trading
Open
$2.90
Previous Close
$2.84
Day's Range
2.89–3.18
52-Week Range
1.75–4.44
Volume
203.98K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.73
Valuation
Market Cap
$171.27M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.56
EPS (ttm)Profit attributable to each share over the last twelve months.
−9.72
Financials (FY)
Revenue (FY)
$12.78M+1,327.82%
Net Income (FY)
−$148.48M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
55.07M
1-Year Return
−22.25%
Dividend and dates
Earnings Date
November 11, 2026
Avg Volume
319.18K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, TONX closed at $3.11, −22.25% over 1 year.

TON Strategy Co (TONX) has a market capitalization of $171.27M.

In fiscal 2025, TONX reported revenue of $12.78M.

TONX Stock Return by Calendar Year

TON Strategy Co (TONX) 10-year return: what $10,000 became

1 year
$10,000 $7,775
−22.25%
5 years
$10,000 $2
−99.98%
10 years
$10,000 $2
−99.98%

If you had invested $10,000 in TON Strategy Co (TONX) 10 years ago, at the close on October 21, 2016, it would have been worth $2 at the close on October 21, 2026: −99.98% in total, −56.89% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+56.28%
2025−69.57%
2024−80.99%
2023−97.38%
2022−86.77%
2021−24.85%
2020+6.45%
2019−67.40%
2018+223.47%
2017+22.50%
2016 (partial year)−11.11%

As of October 21, 2026.

TONX Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$12.78M−$148.48M−1,161.9%
2024$895.00K−$10.33M−1,154.1%
2023$63.00K−$21.99M−34,911.1%
2022$8.00K−$37.44M−467,962.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$12.78M$8.89M−$33.31M−$148.48M−1,161.9%
2024$895.00K$671.00K−$11.64M−$10.33M−1,154.1%
2023$63.00K$44.00K−$13.80M−$21.99M−34,911.1%
2022$8.00K$5.00K−$18.87M−$37.44M−467,962.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TONX Valuation vs Software - Application Median

Median of 240 stocks
MetricTONXSoftware - Application medianvs median
P/S ratio5.562.8397% above

Medians across 240 Software - Application stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values TON Strategy Co (TONX) at $171.27M. It is classified in the Software - Application industry, within the Technology sector. The company reports 25 employees.

The most recent close on file for TONX is $3.11, dated October 21, 2026. That is +$0.27 (+9.51%) against the previous close. Over the past 52 weeks the price has ranged from $1.75 to $4.44. The latest close sits 77.71% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $12.78M. Against the prior fiscal year total of $895.00K, that is a change of +1,327.82%. The same year closed with a net loss of $148.48M. Earnings per share on a trailing basis come to −9.72.

Across the 4 fiscal years on file, revenue moves from $8.00K in 2022 to $12.78M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The price-to-sales ratio is 5.56. On price-to-sales that is 96.77% above the Software - Application median of 2.83. 240 Software - Application companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is −22.25%. Across 10 years the annualized return works out at −56.89%. Beta against the wider market is reported at 0.73. Annualized volatility over the trailing 10 years is 192.75%.

Growth & Income

The record shows no dividend for TONX.

Across the complete calendar years on file, 2018 returned +223.47% and 2023 returned −97.38%. Of the 9 complete calendar years on file, 3 finished higher. So far in 2026 the total return is +56.28%.

Peer Comparison

TON Strategy Co (TONX) operates in the Software - Application industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
TON Strategy Co TONX $171.27M —
SAP SE SAP $268.62B 29.9
Shopify Inc. SHOP $226.17B 117.8
Salesforce, Inc. CRM $198.98B 22.1

The Software - Application industry average P/E ratio is 29.8x. TON Strategy Co has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About TON Strategy Co

TON Strategy Company, through its subsidiaries, operates as an interactive video-based social commerce company. The company operates in three segments: TON, MARKET.live, and Go Fund Yourself. The company offers digital asset treasury and Web3 ecosystem. It also provides MARKET.live, a livestream social shopping platform that allows brands, retailers, and creators to broadcast shopping events on various social media channels. In addition, the company offers GO FUND YOURSELF, an interactive social crowd funding platform and TV show for public and private companies on various social media channels. The company was formerly known as Verb Technology Company, Inc. and changed its name to TON Strategy Company in September 2025. TON Strategy Company is headquartered in Las Vegas, Nevada.

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