On the stock market since 2021, it operates in the world of money and finance. It has 500 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Average growth of 5% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit indicators sit around the sector average.
For a bank, strength is measured by capital buffers and reserves — not cash minus debt.
The price looks reasonable next to what the company earns.
Sales are growing strongly for its sector.
Clearly below the class average.
Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.
Financial Strength: The capital buffer looks thin next to its class; less room to absorb a rough stretch.
The stock trades 51% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 22% a year on average.
Sales run at $201.3M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 21 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $20.6M against $201.3M in annual sales.
The stock trades 11% above the average analyst price target.
On our five-subject report card, CION sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: CION is a high-risk stock — not yet profitable, and its future rides on its product catching on.