CION Investment Corporation | 8-K: FY2025 Q3 Revenue: USD 78.71 M

Revenue: As of FY2025 Q3, the actual value is USD 78.71 M.

EPS: As of FY2025 Q3, the actual value is USD 0.69.

EBIT: As of FY2025 Q3, the actual value is USD 10.11 M.

Segment Revenue

• Net investment income: $38.6 million for Q3 2025, compared to $16.9 million for Q2 2025.
• Total investment income: $78.7 million for Q3 2025, compared to $52.5 million for Q2 2025.

Operational Metrics

• Net asset value per share: $14.86 as of September 30, 2025, compared to $14.50 as of June 30, 2025, an increase of $0.36 per share, or 2.5%.
• Net debt-to-equity ratio: 1.28x as of September 30, 2025, compared to 1.39x as of June 30, 2025.
• Investments on non-accrual status: 1.75% of the total investment portfolio at fair value and 4.08% at amortized cost as of September 30, 2025, compared to 1.37% and 3.03%, respectively, as of June 30, 2025.
• Net realized and unrealized losses: - $2.7 million for Q3 2025, compared to $10.4 million for Q2 2025.
• Net increase in net assets resulting from operations: $35.9 million for Q3 2025, compared to $27.3 million for Q2 2025.

Cash Flow

• Operating cash flow: Not explicitly mentioned in the reference.
• Free cash flow: Not explicitly mentioned in the reference.

Unique Metrics

• Total investments at fair value: $1.74 billion in 91 portfolio companies across 23 industries as of September 30, 2025.
• New investment commitments: $65 million funded and $17 million previously unfunded commitments for Q3 2025.
• Sales and repayments: $151 million for Q3 2025, resulting in a net decrease to the funded portfolio of $69 million.
• Share repurchase: 330,324 shares repurchased at an average price of $9.86 per share for a total of $3.3 million during Q3 2025.

Outlook / Guidance

• Distributions: The Company declared a fourth quarter 2025 base distribution of $0.36 per share, payable on December 15, 2025. Starting January 2026, the Company will change the timing of paying base distributions to monthly.