Cion Investment Corp. ( (CION) ) has released its Q2 earnings. Here is a breakdown of the information Cion Investment Corp. presented to its investors.
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CION Investment Corporation is a publicly listed business development company that focuses on generating income through senior secured loans to U.S. middle-market companies. In its latest earnings report for the second quarter of 2025, CION announced a base distribution of $0.36 per share for the third quarter, reflecting its commitment to returning value to shareholders.
The company reported net investment income of $0.32 per share and earnings of $0.52 per share for the quarter ended June 30, 2025. CION’s net asset value per share increased to $14.50, driven by mark-to-market price increases in its portfolio. The company maintained a stable net debt-to-equity ratio of 1.39x and had total investments valued at $1.77 billion across 99 portfolio companies.
During the quarter, CION funded new investment commitments of $29 million and repurchased 699,565 shares of its common stock at an average price of $9.37 per share. The board of directors authorized an increase in the share repurchase program by $20 million, bringing the total to $80 million.
Looking ahead, CION’s management expressed satisfaction with the company’s growth in net asset value and credit performance. They anticipate further repayments in the third quarter, which will enable them to reinvest in their forward pipeline while maintaining a balanced leverage profile.