CION · NYSE
CION Investment Corporation
$6.69 -0.35 (-5.04%)
Company overview
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. The fund also invests up to 30 percent of its assets opportunistically in other types of investments, including 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.
- Sector
- Financial Services
- Industry
- Asset Management
- Exchange
- NYSE
- Market cap
- $329M
- Employees
- 500
- Headquarters
- New York City, NY
- Website
- cionbdc.com
- CEO
- Michael A. Reisner
- Listed
- October 5, 2021
- P/E
- -166.25
- Dividend yield
- 17.42%
Company financials
- Revenue
- $148M
- Gross profit
- $69.8M
- Operating income
- $23.5M
- EBITDA
- $23.5M
- Net income
- -$957,000
- EPS
- -$0.04
- Total assets
- $1.8B
- Total debt
- $1.2B
- Gross margin
- 47.27%
- Net margin
- -0.65%
- Earnings yield
- -0.60%
CION
1D
NYSE
O7.08H7.10L6.97C7.05+0.21 (+3.15%)Vol316.23K
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