Tron Inc. (TRON) AI Stock Analysis
TRON AI stock analysis summary
AI ResearchTron Inc. is a consumer cyclical company designing and manufacturing souvenirs and toys for theme parks and venues. Over the trailing twelve months, the company generated $5.1M in revenue and an operating margin of -32.5%. TRON shares closed at $1.10 on October 16, 2026, reflecting a 1-year return of -64.9%.
- Market cap
- $524.2M
- Revenue (TTM)
- $5.1M
- P/E
- —
- 1Y return
- -64.9% S&P 500 16.8%
- Avg. target
- —
Bull case
- Annual revenue grew 10.0% to $4.7M in FY2025, supported by 16.8% quarterly revenue growth in the quarter ended June 30, 2026.
- The balance sheet maintains $8.9M in net cash and a current ratio of 27.40 as of June 30, 2026.
- Gross margin improved to 25.3% in FY2025, up from 19.8% in FY2024.
Bear case
- Tron generated a net loss of -$16.8M in FY2025, representing a net margin of -354.6%.
- The stock trades at a price-to-sales multiple of 103.6x, far exceeding the 0.7x median of its US-listed Consumer Cyclical peers.
- Shareholder dilution has been substantial, with the company's 5-year share count expanding by 1941.3%.
What Tron does
Tron Inc. designs, manufactures, and sells toys and souvenirs to theme parks and entertainment venues across the United States, China, Japan, and Europe. The company offers a selection of products, including figures, plush, accessories, apparel, and homeware, serving content providers and consumers. Formerly known as SRM Entertainment, Inc., the company changed its name to Tron Inc. in July 2025 and is headquartered in Winter Park, Florida.
Growth and profitability
Tron generated $5.1M in trailing twelve-month revenue through the period ended June 30, 2026, with quarterly revenue growing 16.8% year-over-year while quarterly earnings declined 39.0%. In FY2021, revenue was $2.7M before climbing to $6.1M in FY2022. Revenue subsequently fell to $5.8M in FY2023 and $4.3M in FY2024, before increasing 10.0% to $4.7M in FY2025. Across FY2020 to FY2025, revenue achieved a 5-year compound annual growth rate of 9.9%. Profitability has remained negative in recent years, with FY2025 operating margin at -53.1% and a net loss of -$16.8M, compared to net income of $328,701 in FY2022 and -$4.3M in FY2024.
Balance sheet and cash flow
As of June 30, 2026, Tron held $9.5M in cash and short-term investments alongside total debt of $577,126, yielding net cash of $8.9M. Shareholders' equity stood at $252.8M out of $256.2M in total assets, with a current ratio of 27.40 and a debt-to-equity ratio of 0.00. In FY2025, operating cash flow was -$1.4M and free cash flow was -$1.5M. The company deployed $68,819 toward capital expenditures and $325,000 toward share buybacks in FY2025, while its share count expanded 1941.3% over 5 years.
Valuation and performance
At $1.10 per share on October 16, 2026, Tron is down 64.9% over the past year, lagging the S&P 500 return of 16.8%. The stock trades 34.6% below its 200-day moving average and near its 52-week low of $1.08. With a market capitalization of $524.2M and an enterprise value of $688.4M, Tron trades at a price-to-sales multiple of 103.6x and an EV-to-EBITDA of 73.3x. These levels represent a substantial premium to the median of its US-listed Consumer Cyclical peers, which trade at a price-to-sales ratio of 0.7x and an EV-to-EBITDA of 11.1x.
What analysts expect
Tron does not currently have analyst ratings, target prices, or forward consensus earnings estimates published. The company's next earnings date is November 9, 2026. For the trailing twelve months, Tron generated an EPS of -$0.25, with quarterly earnings contracting 39.0% year-over-year in the latest quarter ended June 30, 2026. Insider ownership is elevated at 89.2%, while institutional investors hold 2.8% of outstanding shares.
Key risks and what to watch
- The business produced negative free cash flow of -$1.5M and an operating margin of -53.1% in FY2025.
- TRON shares carry significant price volatility, evidenced by a beta of 8.70 and a 1-year decline of 64.9%.
- Insiders control 89.2% of shares, leaving a small public float and institutional ownership at 2.8%.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this TRON AI stock analysis
This page is an AI-written research summary of Tron Inc. (TRON). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: TRON income statement, TRON balance sheet, TRON key metrics, TRON chart. See the TRON stock overview for the latest quote and news.
TRON AI stock analysis FAQ
What does Tron Inc. do?
Tron Inc. designs, manufactures, and sells toys and souvenirs, such as figures, plush, accessories, apparel, and homeware, to theme parks and entertainment venues in the United States, China, Japan, and Europe.
When does Tron report earnings next?
Tron's next earnings release is scheduled for November 9, 2026.
What is Tron's cash and debt position?
As of June 30, 2026, Tron held $9.5M in cash and short-term investments and $577,126 in total debt, giving it a net cash position of $8.9M and a current ratio of 27.40.
How does Tron's valuation compare to its peer group?
Tron trades at a price-to-sales ratio of 103.6x and an EV-to-EBITDA of 73.3x, both well above the median of its US-listed Consumer Cyclical peers at 0.7x and 11.1x, respectively.