TON Strategy TONX
NASDAQ TONX
$3.51 -0.12 (-3.31%)
As of: Oct 2, 2026 · 3:14 PM EDT

TON Strategy (TONX) Invested Capital (2014 - 2024)

Updated

TON Strategy (TONX) posted Invested Capital of $16.14 million for Q4 2024, up 206.0% from $5.27 million a year earlier but down 11.1% from the prior quarter.

Analysis

TON Strategy (TONX) Invested Capital (2014 - 2024) Analysis & Trends

Since Q4 2014, TON Strategy has reported Invested Capital for 41 quarters.

  • Annual Invested Capital shows a five-year compound annual growth rate of 3.9% (FY2019 to FY2024).
  • In prior years, TON Strategy's Invested Capital was $5.27 million in FY2023 (-61.0%), $13.52 million in FY2022 (-26.0%), $18.27 million in FY2021 (+36.4%) and $13.39 million in FY2020 (+0.3%).
  • Quarterly Invested Capital has run from a low of $2.04 million in Q3 2023 to a high of $28.53 million in Q2 2022 over five years.
  • On a year-over-year basis, Invested Capital has increased in each of the last four quarters, with growth averaging 132.2% over the last eight quarters.
  • The strongest year-over-year quarter for Invested Capital in the past five years was Q3 2024, with growth of 790.7%; the weakest was Q3 2023, with a decline of 90.2%.
  • According to Business Quant data, Invested Capital for the three prior quarters was $18.15 million (Q3 2024), $20.04 million (Q2 2024) and $15.14 million (Q1 2024).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Coinbase Global 49.17 Bn 5.98 Bn - 19.56 Bn
2 PayPal Holdings 45.28 Bn 3.51 Bn - 33.22 Bn
3 Block 44.18 Bn 15.44 Bn 3.17 Bn 28.34 Bn
4 Iren 31.11 Bn 18.70 Bn 103.89 Mn 11.78 Bn
5 Corpay 25.52 Bn 15.72 Bn - 11.99 Bn
6 Fiserv 24.03 Bn 20.73 Bn 2.90 Bn 54.81 Bn
7 Global Payments 21.72 Bn 155.29 Mn 2.03 Bn 46.39 Bn
8 Bitmine Immersion Technologies 15.32 Bn 12.70 Bn 40.81 Mn -
9 Guidewire Software 11.69 Bn 8.26 Bn 269.68 Mn 1.87 Bn
10 TON Strategy 213.69 Mn 74.78 Mn 3.96 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 16.14 Mn
Sep 30, 2024 18.15 Mn
Jun 30, 2024 20.04 Mn
Mar 31, 2024 15.14 Mn
Dec 31, 2023 5.27 Mn
Sep 30, 2023 2.04 Mn
Jun 30, 2023 4.70 Mn
Mar 31, 2023 12.96 Mn
Dec 31, 2022 13.52 Mn
Sep 30, 2022 20.85 Mn
Jun 30, 2022 28.53 Mn
Mar 31, 2022 24.60 Mn
Dec 31, 2021 18.27 Mn
Sep 30, 2021 17.03 Mn
Jun 30, 2021 18.15 Mn
Mar 31, 2021 27.35 Mn
Dec 31, 2020 13.39 Mn
Sep 30, 2020 25.12 Mn
Jun 30, 2020 11.80 Mn
Mar 31, 2020 11.10 Mn
API Access

TON Strategy Invested Capital API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=invested-capital&ticker=TONX&period=max&api_key=YOUR_API_KEY