CONX (CONX)
Direxion Daily COIN Bull 2X ETF
NASDAQ:CONXFinancial Services · Asset Management - Leveraged
+1.82%$5.04
AH Close$4.89-3.01%vs close
AH$4.89-3.01%vs close
Mkt Cap-
Float112K
O/S-
Inst Own-
SI29.3%
Div Yield4.11%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2B
Net Income$2.67B
Total Assets$198.03B
Free Cash Flow-$4.92B
Debt & Equity
Debt 0%
Preferred 107%
Total Debt$67.5M
Total Equity-$13.1B
Preferred Stock$200B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CONX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$198.03B
Liabilities$211.13B
Accounts Receivable$179.82M
Accounts Payable$920.89M
Inventory$0
PP&E (Net)$22.75B
Goodwill$13.61B
Intangible Assets$4.5B
Income Statement
| Period | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2021-12-31 |
| Revenue | $2B | $0 | $0 |
| YoY Growth | - | - | - |
| Cost of Revenue | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 |
| Gross Margin | - | - | - |
| Research and Development | $0 | $0 | $0 |
| Selling, General, and Administrative | $5.17B | $0 | $0 |
| Other | $0 | $0 | $0 |
| Total Operating Expenses | $5.17B | $0 | $0 |
| Operating Income (EBIT) | -$3.77B | $0 | $0 |
| Operating Margin | -188.1% | - | - |
| Interest Expense | $0 | $0 | $0 |
| Interest Income | $5.86B | $0 | $0 |
| Other Income (Expense) | $6.48B | $0 | $0 |
| Income Before Tax (EBT) | $2.71B | $65K | $15.49M |
| Income Tax Expense | $36.48M | $65K | $0 |
| Net Income | $2.67B | $0 | $15.49M |
| Net Income Margin | 133.6% | - | - |
| Supplementary Data | |||
| EPS | 19.96 | 0.00 | 0.21 |
| Diluted EPS | 0.13 | 0.00 | 0.21 |
| Weighted Average OS | 133.99M | 0 | 75.02M |
| EBITDA | $3.33B | $0 | $0 |
| EBITDA Margin | 166.5% | - | - |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $117.52B | $8K | $1.4M | $750K | $0 |
| Short-Term Investments | $2.49B | $0 | $84.24M | $0 | $750.01M |
| Cash and Short-Term Investments | $120.01B | $8K | $85.64M | $750K | $750.01M |
| Accounts Receivable | $179.82M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $374.86M | $9K | -$84.22M | $74K | $0 |
| Total Current Assets | $120.56B | $17K | $1.42M | $824K | $750.01M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $22.75B | $0 | $0 | $0 | $0 |
| Goodwill | $13.61B | $0 | $0 | $0 | $0 |
| Intangible Assets | $4.5B | $0 | $0 | $0 | $0 |
| Long-Term Investments | $35.56B | $0 | $0 | $750.08M | $0 |
| Deferred Tax Assets | $1.04B | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $21.97M | $84.24M | $0 | $0 |
| Total Long-Term Assets | $77.47B | $21.97M | $84.24M | $750.08M | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $198.03B | $21.98M | $85.66M | $750.9M | $750.01M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $920.89M | $77K | $19K | $0 | $0 |
| Short-Term Debt | $67.5M | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $639K | $1.21M | $13K | $0 |
| Current Unearned Revenue | $228.5M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $165.13M | $3.99M | $2.14M | $299K | $0 |
| Total Current Liabilities | $1.38B | $3.99M | $2.14M | $299K | $0 |
| Long-Term Liabilities | |||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $2.18B | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $207.57B | $36.06M | $31.04M | $52.4M | $0 |
| Total Long-Term Liabilities | $209.75B | $36.06M | $31.04M | $52.4M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $211.13B | $40.05M | $33.17M | $52.7M | $0 |
| Stockholders' Equity | |||||
| Preferred Stock | $200B | $0 | $0 | $0 | $0 |
| Common Stock | $198.03B | $43.95M | $84.25M | $750M | $0 |
| Retained Earnings | -$13.13B | -$40.03M | -$31.76M | -$51.79M | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$198B | -$21.98M | $3 | $3 | - |
| Total Equity | -$13.1B | -$18.06M | $52.49M | $698.21M | $0 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $198.03B | $21.98M | $85.66M | $750.9M | $0 |
| Supplementary Data | |||||
| Total Debt | $67.5M | $0 | $0 | $0 | $0 |
| Net Debt | -$117.45B | -$8K | -$1.4M | -$750K | $0 |
Cash Flow Statement
| Period | FY 2024 |
|---|---|
| Currency | USD |
| Period Ending | 2024-12-31 |
| Operating Activities | |
| Net Income | $2.67B |
| Depreciation & Amortization | $622.12M |
| Deferred Income Tax | $11.28M |
| Stock-Based Compensation | $12.57M |
| Changes in Working Capital: | |
| Accounts Receivable | $174.81M |
| Inventory | $0 |
| Accounts Payable | $536.59M |
| Other Working Capital | $0 |
| Total Working Capital Change | $0 |
| Other Non-Cash Items | -$8.24B |
| Net Cash from Operating | -$4.91B |
| Investing Activities | |
| Capital Expenditures | -$4.22M |
| Acquisitions | -$10.52B |
| Purchases of Investments | -$45.99B |
| Sales of Investments | $5.87B |
| Other Investing Activities | -$4.46B |
| Net Cash from Investing | -$55.11B |
| Financing Activities | |
| Debt Repaid | - |
| Common Stock Issuance | $200B |
| Common Stock Repurchases | $0 |
| Dividends Paid | $0 |
| Other Financing Activities | $177.54B |
| Net Cash from Financing | $177.54B |
| Forex Effect | $0 |
| Net Change in Cash | $117.51B |
| Supplementary Data | |
| Operating Cash Flow | -$4.91B |
| Capital Expenditure | -$4.22M |
| Free Cash Flow | -$4.92B |
| Cash at Beginning | $8.16M |
| Cash at End | $117.52B |