CION Investment Corp (CION) Non Operating Interest Expenses (2021 - 2024)

CION Investment (CION) has reported Non Operating Interest Expenses for 4 consecutive years, with $23.8 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Non Operating Interest Expenses rose 16.15% year-over-year to $23.8 million; the trailing twelve-month figure through Jun 2024 stood at $93.9 million (up 33.89% YoY), and the FY2023 full-year result was $85.6 million, up 72.41% from the prior year.
• Non Operating Interest Expenses declined to $23.8 million in Q2 2024 per CION's latest filing, from $24.3 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $24.3 million in Q1 2024 and bottomed at $8.2 million in Q3 2021.
• Historically, Non Operating Interest Expenses has averaged $16.6 million across 4 years, with a median of $18.1 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses jumped 128.27% in 2023, then grew 16.15% in 2024.
• Over 4 years, Non Operating Interest Expenses stood at $8.3 million in 2021, then surged by 104.15% to $16.9 million in 2022, then soared by 42.53% to $24.0 million in 2023, then decreased by 1.04% to $23.8 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $23.8 million, $24.3 million, and $24.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.