Tron Inc.(TRON)Earnings, Financials & Key Ratios
TRON•NASDAQ
$2.30
$27M mkt cap·Price updated May 7, 2026
AboutTron Inc. designs, manufactures, and sells toys and souvenirs to theme parks and entertainment venues in the United States, China, Japan, and Europe. The company designs a range of product categories, including figures, plush, accessories, apparel, and homewares. It serves content providers and consumers. The company was formerly known as SRM Entertainment, Inc. and changed its name to Tron Inc. in July 2025. The company is headquartered in Winter Park, Florida.Show more
- Revenue$4M-25.2%
- EBITDA-$4M-107.8%
- Net Income-$4M-111.3%
- EPS (Diluted)-0.37-37.0%
- Gross Margin19.84%-13.3%
- EBITDA Margin-97.83%-177.6%
- Operating Margin-100.54%-184.3%
- Net Margin-100.65%-182.3%
- ROE-92.18%+7.5%
- ROIC-116.48%+17.0%
- Debt/Equity0.09
- Interest Coverage-134.75-269.4%
TRON Key Insights
Tron Inc. (TRON) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Sales declining 9.5% over 5 years
- ✗Shares diluted 51.2% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TRON Price & Volume
Tron Inc. (TRON) stock price & volume — 10-year historical chart
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TRON Growth Metrics
Tron Inc. (TRON) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-9.45%
3 Years17.38%
TTM-2.98%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM391.87%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM76.11%
Return on Capital
10 Years-29.54%
5 Years-29.54%
3 Years-34.15%
Last Year-92.08%
TRON Recent Earnings
Tron Inc. (TRON) EPS & revenue vs analyst estimates — last 4 quarters
Q4 2025Latest
Nov 10, 2025EPS
$0.01
Revenue
$1M
Q3 2025
Aug 8, 2025EPS
$0.01
Revenue
$1M
Q2 2025
May 8, 2025EPS
$0.04
Revenue
$1M
Q2 2025
Mar 31, 2025EPS
$0.05
Revenue
$920,706
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 10, 2025 | $0.01 | $1M |
| Q3 2025 | Aug 8, 2025 | $0.01 | $1M |
| Q2 2025 | May 8, 2025 | $0.04 | $1M |
| Q2 2025 | Mar 31, 2025 | $0.05 | $920,706 |
Based on last 12 quarters of dataView full earnings history →
TRON Peer Comparison
Tron Inc. (TRON) competitors in Toys, Games and Collectibles — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 COIN | 50.96B | 192.96 | 43.36 | 9.4% | 5.68% | 0.53 | ||
 MSTR | 60.05B | 179.84 | -11.81 | 2.97% | -25.19% | -24.09% | 0.16 | |
 RIOT | 9.14B | 24.11 | -12.36 | 71.89% | -28.78% | 0.10 | ||
 MARA | 4.83B | 12.70 | -3.44 | 38.2% | -30.54% | 1.05 | ||
 HUT | 11.22B | 101.18 | -47.28 | -90.71% | -17.66% | 0.25 | ||
 CLSK | 3.58B | 13.98 | 12.48 | 102.21% | -33.25% | -13.75% | 0.38 | |
 BTBT | 589.49M | 1.83 | 9.15 | 264.59% | 21.41% | 0.03 | ||
 CIFR | 8.4B | 20.69 | -9.62 | 48.04% | -115.53% | 3.31 |
Compare TRON vs Peers
Tron Inc. (TRON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TRON Income Statement
Tron Inc. (TRON) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 7.08M | 2.96M | 2.67M | 6.08M | 5.76M | 4.31M | 4.46M |
| Revenue Growth % | - | -58.23% | -9.88% | 127.93% | -5.19% | -25.16% | -2.98% |
| Cost of Goods Sold | 5.35M | 2.15M | 2.11M | 4.85M | 4.44M | 3.46M | 3.43M |
| COGS % of Revenue | 75.55% | 72.79% | 79.16% | 79.74% | 77.13% | 80.16% | - |
| Gross Profit | 1.73M▲ 0% | 804.79K▼ 53.5% | 555.43K▼ 31.0% | 1.23M▲ 121.6% | 1.32M▲ 7.0% | 855.23K▼ 35.1% | 1.03M▲ 0% |
| Gross Margin % | 24.45% | 27.21% | 20.84% | 20.26% | 22.87% | 19.84% | 23.04% |
| Gross Profit Growth % | - | -53.54% | -30.98% | 121.61% | 7.03% | -35.08% | - |
| Operating Expenses | 3.57M | 1.39M | 585.15K | 872.91K | 3.35M | 5.19M | 4.04M |
| OpEx % of Revenue | 50.46% | 47.05% | 21.95% | 14.37% | 58.23% | 120.38% | - |
| Selling, General & Admin | 1.34M | 1.39M | 585.15K | 872.91K | 3.35M | 5.19M | 4.04M |
| SG&A % of Revenue | 18.88% | 47.05% | 21.95% | 14.37% | 58.23% | 120.38% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - |
| Other Operating Expenses | 2.24M | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.84M▲ 0% | -586.99K▲ 68.1% | -29.71K▲ 94.9% | 357.99K▲ 1304.7% | -2.04M▼ 669.0% | -4.33M▼ 112.8% | -3.01M▲ 0% |
| Operating Margin % | -26.01% | -19.84% | -1.11% | 5.89% | -35.36% | -100.54% | -67.51% |
| Operating Income Growth % | - | 68.14% | 94.94% | 1304.73% | -669% | -112.81% | - |
| EBITDA | -1.82M | -537.99K | 0 | 360.32K | -2.03M | -4.22M | -2.75M |
| EBITDA Margin % | -25.69% | -18.19% | - | 5.93% | -35.24% | -97.83% | -61.75% |
| EBITDA Growth % | - | 70.43% | 100% | - | -663.47% | -107.75% | 48.76% |
| D&A (Non-Cash Add-back) | 22.72K | 49K | 29.71K | 2.33K | 6.65K | 116.88K | 256.86K |
| EBIT | -1.84M | -586.99K | -29.71K | 358.75K | -2M | -4.31M | 15.51M |
| Net Interest Income | 2.02K | 0 | 654 | -30.04K | -16.93K | -4.55K | 62.28K |
| Interest Income | 2.02K | 0 | 654 | 14 | 38.92K | 27.62K | 101.56K |
| Interest Expense | 0 | 0 | 0 | 30.05K | 55.85K | 32.17K | 39.28K |
| Other Income/Expense | -2.02K | 0 | 654 | -29.28K | -16.93K | -4.55K | 18.48M |
| Pretax Income | -1.84M▲ 0% | -586.99K▲ 68.2% | -29.06K▲ 95.0% | 328.7K▲ 1231.1% | -2.05M▼ 724.8% | -4.34M▼ 111.3% | 15.47M▲ 0% |
| Pretax Margin % | -26.04% | -19.84% | -1.09% | 5.41% | -35.65% | -100.65% | 347.06% |
| Income Tax | -2.91K | 0 | 0 | 0 | 0 | 0 | 3.45M |
| Effective Tax Rate % | 0.16% | 0% | 0% | 0% | 0% | 0% | 22.33% |
| Net Income | -1.84M▲ 0% | -586.99K▲ 68.1% | -29.06K▲ 95.0% | 328.7K▲ 1231.1% | -2.05M▼ 724.8% | -4.34M▼ 111.3% | 12.02M▲ 0% |
| Net Margin % | -26% | -19.84% | -1.09% | 5.41% | -35.65% | -100.65% | 269.57% |
| Net Income Growth % | - | 68.12% | 95.05% | 1231.07% | -724.84% | -111.28% | 391.87% |
| Net Income (Continuing) | -1.84M | -586.99K | -29.06K | 328.7K | -2.05M | -4.34M | 12.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.08▲ 0% | -0.35▲ 67.6% | -0.02▲ 95.1% | 0.04▲ 334.5% | -0.27▼ 773.3% | -0.37▼ 37.0% | 0.04▲ 0% |
| EPS Growth % | - | 67.59% | 95.11% | 334.5% | -773.32% | -37.04% | 76.11% |
| EPS (Basic) | -1.08 | -0.35 | -0.02 | 0.19 | -0.27 | -0.37 | - |
| Diluted Shares Outstanding | 1.7M | 1.7M | 1.7M | 8.2M | 7.69M | 11.62M | 317.76M |
| Basic Shares Outstanding | 1.7M | 1.7M | 1.7M | 1.7M | 7.61M | 11.62M | 110.05M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
TRON Balance Sheet
Tron Inc. (TRON) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.43M | 454.17K | 1.81M | 2.07M | 4.5M | 3.46M | 12.78M |
| Cash & Short-Term Investments | 206.14K | 70.1K | 515.37K | 453.52K | 2.98M | 1.35M | 10.79M |
| Cash Only | 163.3K | 70.1K | 515.37K | 453.52K | 2.98M | 1.35M | 10.6M |
| Short-Term Investments | 42.84K | 0 | 0 | 0 | 0 | 0 | 190.5K |
| Accounts Receivable | 794.32K | 241.51K | 661.46K | 621.09K | 707.03K | 794.16K | 531.3K |
| Days Sales Outstanding | 40.93 | 29.8 | 90.57 | 37.31 | 44.8 | 67.23 | 53.94 |
| Inventory | 27.23K | 0 | 0 | 290.2K | 307K | 783.8K | 717.59K |
| Days Inventory Outstanding | 1.86 | - | - | 21.86 | 25.22 | 82.78 | 84.84 |
| Other Current Assets | 1.41M | 119.92K | 27.3K | 75.53K | 410.78K | 439.87K | 67.34K |
| Total Non-Current Assets | 98.57K | 0 | 7.38K | 9.33K | 45.46K | 2.84M | 231.82M |
| Property, Plant & Equipment | 98.57K | 0 | 7.38K | 9.33K | 45.46K | 48.28K | 825.53K |
| Fixed Asset Turnover | 71.86x | - | 361.17x | 651.04x | 126.71x | 89.30x | 18.19x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 2.8M | 2.58M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 228.42M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 102.2M |
| Total Assets | 2.53M▲ 0% | 454.17K▼ 82.1% | 1.82M▲ 300.4% | 2.08M▲ 14.4% | 4.54M▲ 118.5% | 6.31M▲ 38.8% | 244.6M▲ 0% |
| Asset Turnover | 2.80x | 6.51x | 1.47x | 2.92x | 1.27x | 0.68x | 0.05x |
| Asset Growth % | - | -82.07% | 300.37% | 14.36% | 118.46% | 38.83% | 7498.96% |
| Total Current Liabilities | 2.8M | 756.41K | 2.15M | 599.49K | 418.88K | 1.02M | 849.75K |
| Accounts Payable | 1.42M | 683.09K | 532.9K | 378.8K | 126.45K | 263.99K | 216.21K |
| Days Payables Outstanding | 96.85 | 115.78 | 92.17 | 28.54 | 10.39 | 27.88 | 31.83 |
| Short-Term Debt | 0 | 0 | 1.5M | 7.7K | 0 | 500K | 214.83K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | -7.7K | 0 | -1 | 0 |
| Current Ratio | 0.87x | 0.60x | 0.84x | 3.45x | 10.74x | 3.41x | 3.41x |
| Quick Ratio | 0.86x | 0.60x | 0.84x | 2.97x | 10.00x | 2.64x | 2.64x |
| Cash Conversion Cycle | -54.06 | - | - | 30.63 | 59.63 | 122.13 | 106.95 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 1.48M | 0 | 1 | 3.98M |
| Long-Term Debt | 0 | 0 | 0 | 1.48M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 1 | 3.98M |
| Total Liabilities | 2.8M | 756.41K | 2.15M | 2.08M | 418.88K | 1.02M | 4.83M |
| Total Debt | 0 | 0 | 1.5M | 1.49M | 0 | 500K | 214.83K |
| Net Debt | -163.3K | -70.1K | 987.25K | 1.04M | -2.98M | -852.37K | -10.39M |
| Debt / Equity | - | - | - | - | - | 0.09x | 0.09x |
| Debt / EBITDA | - | - | - | 4.14x | - | - | -0.08x |
| Net Debt / EBITDA | - | - | - | 2.88x | - | - | 3.77x |
| Interest Coverage | - | - | - | 11.91x | -36.47x | -134.75x | 394.84x |
| Total Equity | -266.56K▲ 0% | -302.23K▼ 13.4% | -331.3K▼ 9.6% | -2.59K▲ 99.2% | 4.12M▲ 159089.9% | 5.29M▲ 28.3% | 239.77M▲ 0% |
| Equity Growth % | - | -13.38% | -9.62% | 99.22% | 159089.9% | 28.29% | 10849.22% |
| Book Value per Share | -0.16 | -0.18 | -0.19 | -0.00 | 0.54 | 0.46 | 0.75 |
| Total Shareholders' Equity | -266.56K | -302.23K | -331.3K | -2.59K | 4.12M | 5.29M | 239.77M |
| Common Stock | 428.11K | 0 | 0 | 650 | 977 | 1.6K | 25.71K |
| Retained Earnings | -694.67K | 396.32K | 367.26K | 695.96K | -1.36M | -5.7M | 7.3M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -698.56K | -698.56K | 0 | 676K | 791K | 322K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TRON Cash Flow Statement
Tron Inc. (TRON) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -341.5K | -108.38K | 452.65K | -29.93K | -766.88K | -2.86M | -2.86M |
| Operating CF Margin % | -4.82% | -3.66% | 16.98% | -0.49% | -13.31% | -66.25% | - |
| Operating CF Growth % | - | 68.26% | 517.64% | -106.61% | -2462.66% | -272.47% | -419.28% |
| Net Income | -1.84M | -586.99K | -29.06K | 328.7K | -2.05M | -4.34M | 12.02M |
| Depreciation & Amortization | 96.59K | 0 | 0 | 2.33K | 6.65K | 116.88K | 473.83K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 1.28M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 3.45M |
| Other Non-Cash Items | 2.02M | -644.19K | -150.19K | 0 | 1.36M | 584.59K | -17.65M |
| Working Capital Changes | -616.67K | 1.12M | 631.9K | -360.96K | -82.17K | -495.74K | -487.05K |
| Change in Receivables | -119.48K | 1.27M | -419.95K | 40.37K | -85.94K | -87.12K | 12.89K |
| Change in Inventory | 51.43K | 0 | 0 | -290.2K | -16.8K | -476.8K | 126.29K |
| Change in Payables | 0 | 0 | 0 | -154.09K | -252.35K | 137.54K | -473.08K |
| Cash from Investing | 982 | 0 | -7.38K | -4.29K | -392.96K | -273.26K | 0 |
| Capital Expenditures | 0 | 0 | -7.38K | -4.29K | -42.78K | -23.26K | 0 |
| CapEx % of Revenue | - | - | 0.28% | 0.07% | 0.74% | 0.54% | - |
| Acquisitions | 0 | 0 | 0 | 0 | -350.18K | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 982 | 0 | 0 | 0 | 0 | -250K | 0 |
| Cash from Financing | -76.14K | 0 | 0 | -27.65K | 3.69M | 1.5M | 11.77M |
| Debt Issued (Net) | -73.13K | 0 | 0 | -19.95K | -1.48M | -1M | -1.5M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 1000K | 1000K | 3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -325K |
| Other Financing | -3K | 0 | 0 | -7.7K | 0 | 0 | 0 |
| Net Change in Cash | -413.83K▲ 0% | -93.2K▲ 77.5% | 445.27K▲ 577.8% | -61.86K▼ 113.9% | 2.53M▲ 4185.6% | -1.63M▼ 164.4% | 9.58M▲ 0% |
| Free Cash Flow | -341.5K▲ 0% | -108.38K▲ 68.3% | 445.27K▲ 510.8% | -34.21K▼ 107.7% | -809.66K▼ 2266.7% | -3.13M▼ 286.5% | -2.19M▲ 0% |
| FCF Margin % | -4.82% | -3.66% | 16.7% | -0.56% | -14.06% | -72.59% | -49.15% |
| FCF Growth % | - | 68.26% | 510.83% | -107.68% | -2266.73% | -286.54% | 5.09% |
| FCF per Share | -0.20 | -0.06 | 0.26 | -0.00 | -0.11 | -0.27 | -0.27 |
| FCF Conversion (FCF/Net Income) | 0.19x | 0.18x | -15.58x | -0.09x | 0.37x | 0.66x | -0.18x |
| Interest Paid | 0 | 0 | 0 | 30.05K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TRON Key Ratios
Tron Inc. (TRON) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | -99.66% | -92.18% | 5.01% |
| Return on Invested Capital (ROIC) | - | -15.72% | 31.77% | -140.3% | -116.48% | -116.48% |
| Gross Margin | 27.21% | 20.84% | 20.26% | 22.87% | 19.84% | 23.04% |
| Net Margin | -19.84% | -1.09% | 5.41% | -35.65% | -100.65% | 269.57% |
| Debt / Equity | - | - | - | - | 0.09x | 0.09x |
| Interest Coverage | - | - | 11.91x | -36.47x | -134.75x | 394.84x |
| FCF Conversion | 0.18x | -15.58x | -0.09x | 0.37x | 0.66x | -0.18x |
| Revenue Growth | -58.23% | -9.88% | 127.93% | -5.19% | -25.16% | -2.98% |
TRON Frequently Asked Questions
Tron Inc. (TRON) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Tron Inc. (TRON) reported $4.5M in revenue for fiscal year 2024. This represents a 37% decrease from $7.1M in 2019.
Tron Inc. (TRON) saw revenue decline by 25.2% over the past year.
Yes, Tron Inc. (TRON) is profitable, generating $12.0M in net income for fiscal year 2024 (-100.6% net margin).
Dividend & Returns
Tron Inc. (TRON) has a return on equity (ROE) of -92.2%. Negative ROE indicates the company is unprofitable.
Tron Inc. (TRON) had negative free cash flow of $2.2M in fiscal year 2024, likely due to heavy capital investments.
Explore More TRON
Tron Inc. (TRON) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates