CION
Financials

CION Investment Corporation

CION
Since

Headquarters:

NY, United States

Exchange:

NYSE

Industry:

Asset Management

Number of Employees:

N/A

Current Fiscal Year:

2024

Market Cap:

528.60M

Price per Share:

$9.92

Quarterly Dividend per Share:

$0.05
Year-to-date Performance:
-13.2867%
Dividend Yield:
17.31%
Price-to-book Ratio:
0.63
Trailing P/E Ratio:
6.65

Price History

Latest Prices

DateOpenHighLowClose
2025-04-309.9910.0789.789.92
2025-04-2910.1410.15219.9810.1
2025-04-2810.0810.1710.0110.14
2025-04-259.9710.119.910.08
2025-04-249.879.989.879.98

CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization investments. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefers to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $30 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.

Financial Performance

2024 Revenue:90.95M

Detailed view of quarterly revenue

2024 Net Income:79.44M

Detailed view of quarterly net income

2024 Free Cash Flow:77.02M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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