CION Investment Corp Reports Q1 2025 Financial Results

Cion Investment Corp. ( (CION) ) has released its Q1 earnings. Here is a breakdown of the information Cion Investment Corp. presented to its investors.

CION Investment Corporation is a publicly listed business development company that primarily focuses on senior secured loans to U.S. middle-market companies, aiming to generate current income and capital appreciation for its investors. In its first quarter of 2025 financial results, CION reported a net investment income of $0.36 per share, while earnings per share stood at a loss of $0.80. The company’s net asset value per share decreased by 7.5% to $14.28, attributed mainly to mark-to-market price declines in its portfolio. CION’s total investment income for the quarter was $56.1 million, slightly down from the previous quarter, while operating expenses decreased due to lower interest expenses. The company made new investment commitments totaling $55 million and repurchased shares worth $2.2 million. Looking ahead, CION’s management remains optimistic about opportunities in direct lending, maintaining a selective approach to maximize risk-adjusted returns while focusing on its conservative first lien strategy in the middle market.