Tron (TRON) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 1.39M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.20
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 6
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): N/A
• Shares Outstanding: 257,115,400
• 10 Day Avg. Volume: 1,675,911
• 30 Day Avg. Volume: 1,394,840
• PEG Ratio: -0.05
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 1.70
• P/FCF Ratio: -2.34
• Enterprise Value/Market Cap: 10.00T>
• Enterprise Value/Revenue: 388.39
• Enterprise Value/Gross Profit: 1.69K
• Enterprise Value/Ebitda: 109.81
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $1.50 ▼(-20.21% Downside)

The score is primarily held back by weak cash generation and mixed operating profitability despite headline net income improvement. Technical indicators also show a longer-term downtrend (below 50/100/200-day averages with negative MACD). Balance sheet strength and positive corporate developments provide partial support but do not fully offset cash flow and trend risks.

Positive Factors

Balance Sheet Strength

Tron’s current capital structure—with minimal leverage and substantial shareholders' equity—provides durable financial flexibility. A strong balance sheet reduces refinancing risk, supports treasury and strategic asset purchases, and gives the company optionality to invest or withstand sector volatility over the next several months.

Strategic Investor Commitment

A material equity infusion from the TRON founder strengthens alignment with the broader ecosystem and increases TRX treasury capacity. Founder-backed capital is a structural positive: it signals long-term commitment, can improve market credibility, and provides stable funding for the company’s core digital-asset and ecosystem strategies.

Profitability Turnaround

A pronounced return to net profitability and record quarterly performance indicates the business can generate earnings when paired with disciplined cost control. Sustained positive net income can underpin reinvestment in product, treasury scaling, or reserve building, improving long-term strategic optionality if maintained.

Negative Factors

Weak Cash Generation

Negative trailing operating and free cash flows reflect an inability to self-fund operations and asset accumulation. Persistent cash burn forces reliance on external financing for treasury builds and growth, raising long-term funding risk and questioning whether reported profits translate into sustainable, cash-generating business performance.

Mixed Operating Profitability

The disparity between headline net income and negative core operating income suggests earnings depend on non-operating items or one-offs. Structural operating losses or inconsistent margins undermine the quality and sustainability of earnings, limiting durable free cash flow generation and making future profit persistence uncertain.

Durability of Capitalization

The recent equity increase stems largely from external investments rather than sustained operating cash generation. Historical episodes of negative equity imply capitalization can be volatile; without consistent operational cash conversion, balance sheet strength may erode, leaving the company exposed if capital markets tighten.

Tron Business Overview & Revenue Model

Company Description

Tron Inc. designs, manufactures, and sells toys and souvenirs to theme parks and entertainment venues in the United States, China, Japan, and Europe. The company designs a range of product categories, including figures, plush, accessories, apparel, and homewares. It serves content providers and consumers. The company was formerly known as SRM Entertainment, Inc. and changed its name to Tron Inc. in July 2025. The company is headquartered in Winter Park, Florida.

How the Company Makes Money

Tron Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.46M	4.31M	5.76M	6.08M	2.67M	2.96M
Gross Profit	1.03M	855.23K	1.32M	1.23M	555.43K	804.79K
EBITDA	15.77M	-4.19M	-1.99M	361.09K	0.00	-537.99K
Net Income	12.02M	-4.34M	-2.05M	328.70K	-29.06K	-586.99K
Balance Sheet
Total Assets	244.60M	6.31M	4.54M	2.08M	1.82M	454.17K
Cash, Cash Equivalents and Short-Term Investments	10.79M	1.35M	2.98M	453.52K	515.37K	70.10K
Total Debt	214.83K	500.00K	0.00	1.49M	1.50M	0.00
Total Liabilities	4.83M	1.02M	418.88K	2.08M	2.15M	756.41K
Stockholders Equity	239.77M	5.29M	4.12M	-2.59K	-331.30K	-302.23K
Cash Flow
Free Cash Flow	-2.19M	-3.13M	-809.66K	-34.21K	445.27K	-108.38K
Operating Cash Flow	-2.19M	-2.86M	-766.88K	-29.93K	452.65K	-108.38K
Investing Cash Flow	0.00	-273.26K	-392.96K	-4.29K	-7.38K	0.00
Financing Cash Flow	11.77M	1.50M	3.69M	-27.65K	0.00	0.00

Tron Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESCA	72 Outperform	$194.49M	15.49	7.42%	4.71%	-4.56%	-2.85%
GOLF	70 Outperform	$5.00B	23.55	25.91%	1.15%	4.20%	24.12%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
JAKK	56 Neutral	$206.01M	37.68	2.40%	5.97%	-16.49%	-81.62%
TRON	51 Neutral	―	-31.85	9.89%	―	―	―
NWTG	48 Neutral	$7.98M	-0.06	-383.63%	―	178.32%	70.79%
YYAI	25 Underperform	$39.07M	-10.49	-4.97%	―	61.04%	99.61%

Tron Corporate Events

Tron Secures Strategic Equity Investment from Justin Sun

On December 24, 2025, Tron Inc. entered into a stock purchase agreement with Black Anthem Limited, an entity controlled by TRON blockchain founder and company advisor Justin Sun, under which the investor agreed to buy 13,067,151 shares of Tron Inc.’s common stock at $1.3775 per share, providing approximately $18 million in gross proceeds paid in stablecoins. Announced publicly on December 29, 2025, the strategic equity investment is intended to materially expand Tron Inc.’s TRX treasury portfolio, strengthen its balance sheet, and further cement its position as the leading publicly traded company aligned with the TRON ecosystem, with the company asserting that the backing from a prominent blockchain figure enhances its credibility in both public equity and digital asset markets and supports its long-term shareholder value strategy.

Tron Stockholders Approve Directors and Auditor at Meeting

On December 16, 2025, Tron Inc. held its virtual annual meeting of stockholders, with about 87.45% of the company’s outstanding common shares represented, constituting a quorum for conducting business. At the meeting, stockholders elected five directors—Richard Miller, Weike Sun, Zhihong Liu, Zi Yang and Christopher Melton—to serve one-year terms, all without opposition, and ratified the appointment of M&K CPAS, PLLC as Tron’s independent registered public accounting firm for the fiscal year ending December 31, 2025, reinforcing continuity in both the company’s board leadership and external audit oversight.

Tron Reports Record Q3 2025 Financial Results

On November 12, 2025, Tron Inc. reported record financial results for the third quarter of 2025, ending September 30. The company achieved a net income of $12,174,266, a significant improvement from the previous year’s net loss. Shareholders’ equity exceeded $239 million, bolstered by a $110 million investment from its largest shareholder. This financial strength is attributed to a disciplined cost structure and strategic investments in digital assets, positioning Tron Inc. for future growth and expansion in its digital asset portfolio.