Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 4.28M | 895.00K | 63.00K | 9.44M | 10.52M | 9.96M |
Gross Profit | 3.13M | 671.00K | 44.00K | 6.12M | 6.02M | 5.16M |
EBITDA | -9.45M | -10.57M | -11.46M | -13.44M | -29.68M | -22.01M |
Net Income | -10.09M | -10.33M | -21.99M | -46.47M | -34.49M | -24.96M |
Balance Sheet | ||||||
Total Assets | 23.66M | 20.64M | 10.84M | 24.49M | 34.43M | 32.54M |
Cash, Cash Equivalents and Short-Term Investments | 4.35M | 12.53M | 4.35M | 2.43M | 937.00K | 1.81M |
Total Debt | 282.00K | 464.00K | 2.38M | 9.07M | 3.81M | 6.07M |
Total Liabilities | 4.31M | 4.61M | 7.71M | 19.33M | 21.11M | 21.80M |
Stockholders Equity | 19.38M | 16.20M | 3.13M | 5.17M | 13.32M | 10.74M |
Cash Flow | ||||||
Free Cash Flow | -4.92M | -9.11M | -10.90M | -24.16M | -28.14M | -16.61M |
Operating Cash Flow | -4.58M | -8.77M | -10.60M | -19.41M | -25.86M | -16.29M |
Investing Cash Flow | -5.41M | -5.38M | 4.44M | -4.75M | -2.26M | -88.00K |
Financing Cash Flow | -43.00K | 18.29M | 8.08M | 25.65M | 27.25M | 17.21M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | $35.51B | 8.11 | -11.05% | 1.89% | 8.55% | -8.72% | |
50 Neutral | $877.81M | ― | -51.38% | ― | 4095.10% | 93.91% | |
― | $7.11M | ― | -79.06% | ― | ― | ― | |
42 Neutral | $15.32M | ― | -94.92% | ― | -38.89% | 64.99% | |
39 Underperform | $9.57M | ― | -15.68% | ― | 1873.85% | 91.70% | |
― | $12.25M | ― | -107.30% | ― | ― | ― | |
― | $7.91M | ― | -62.70% | ― | ― | ― |
On September 3, 2025, TON Strategy Company announced the approval of a $250 million stock repurchase program, allowing the company to buy back shares of its common stock. This initiative aims to enhance shareholder value by increasing the Net Asset Value per Share (NAV/share) and is part of the company’s broader strategy to leverage its balance sheet effectively. The program’s flexibility allows for repurchases based on market conditions and other financial metrics, without obligating the company to acquire a specific number of shares. This move follows the company’s recent rebranding and ticker change, marking a significant step in its transition towards a digital asset treasury strategy focused on Toncoin.
On August 27, 2025, Verb Technology Company announced a name change to TON Strategy Company, effective September 2, 2025, along with a change in its Nasdaq ticker symbol from VERB to TONX. This rebranding aligns with the company’s strategic focus on the TON blockchain and its native cryptocurrency, Toncoin. The company aims to build a long-term treasury in $TON, leveraging its integration with Telegram’s platform, and will provide periodic updates through a new ‘Chairman’s Message’ series. The company recently closed a $558 million private placement and announced $768 million in treasury assets, marking a significant step in its mission to support the TON ecosystem.
Verb Technology, Inc. has addressed market rumors regarding its financing plans, confirming that it is not currently pursuing a securities offering beyond its existing Controlled Equity OfferingSM Sales Agreement. The company, however, remains open to raising capital in the future. Additionally, Verb Technology is preparing to file a resale shelf registration statement following its $558 million private placement that closed on August 7, 2025, to facilitate resales by investors, though certain securities are subject to lockup restrictions. Verb Technology also emphasizes its use of various channels, including social media, to disseminate potentially material information to investors and the public.
On August 21, 2025, Verb Technology Company announced its treasury assets exceeded $780 million, with $713 million in Toncoin and $67 million in cash, marking a significant step in its TON treasury strategy. The company aims to accumulate over 5% of Toncoin’s circulating supply, positioning itself as a major player in the network’s infrastructure, and plans to increase Toncoin holdings per share through reinvestment and capital market activities.
On August 8, 2025, Verb Technology Company, Inc. announced a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Cohen & Company Capital Markets. This agreement allows Verb Technology to sell up to $1 billion in common stock through these agents, with Cantor acting as the principal sales agent. The agreement provides flexibility for the company to sell shares at market offerings or other legal methods, potentially impacting its capital structure and market presence.
On August 7, 2025, Verb Technology Company completed a $558 million private placement in partnership with Kingsway Capital, marking a significant step in its strategy to become the first publicly traded treasury reserve of Toncoin, the native cryptocurrency of The Open Network blockchain. The company plans to use the majority of the proceeds to acquire Toncoin, aiming to generate sustainable staking rewards and rebrand as TON Strategy Co. Additionally, the company announced leadership changes, including the appointment of Veronika Kapustina as CEO and Sarah Olsen as CFO and COO, to drive its new digital asset strategy.
On August 3, 2025, Verb Technology Company announced a $558 million private placement to establish a TON treasury strategy, aiming to become the first publicly traded treasury reserve of Toncoin, the native cryptocurrency of The Open Network blockchain. The transaction, expected to close around August 7, 2025, involves institutional investors and will position the company as a significant holder of Toncoin, enhancing its market presence and offering potential staking rewards. The company also redeemed its Series D Preferred Stock on August 1, 2025, as part of its capital optimization efforts.