Company Analysis

Tron Inc. (TRON)

Nasdaq: TRON · Finance Services · Winter Park, FL · filing with the SEC since 2022
Grade3.6
◀ Past 3.1● Present 3.5▶ Future 4.4
2 est.

The grade of Tron Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.6/10
◀ Past3.140% of the headline
● Present3.535% of the headline
▶ Future4.425% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.1/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.9/10

Has it survived what it has been through?

2 warning events since 2022; the latest 2024-10-25.

weight 45% of this tense · 38th percentile among 130 sector filers · read for itself

From the record

Tron Inc.'s filings since 2022 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-10-25); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-09-29) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.6/10

What has it actually done, year after year?

-7.9% a year over 4 filed years; profitable in 1 of 4.

weight 22% of this tense · 36th percentile among 104 sector filers · read for its customers

From the record

Tron Inc.'s 4 filed years say what it did: revenue went from $6 million in fiscal 2022 to $5 million in fiscal 2025, down 7.9% a year; it rose in 1 of 3 years; the deepest fall was 29% from fiscal 2022 to fiscal 2024; net income was positive in 1 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-7.9%bottom 23% of its family
  • the share of years revenue rosebottom 22% of its family
  • the share of filed years with a profitbottom 45% of its family
  • the deepest fall from a revenue peak29.0%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.8/10

How has it treated the people who own it?

SI estimate 1.8/10, confidence 35 of 100 (one part).

weight 33% of this tense · 18th percentile among 115 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 18% of 115 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 115 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Tron Inc.'s shareholder treatment is put at 1.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 18% of 115 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.5/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.9/10

Is it financially healthy right now?

ROE -8%: lost 8¢ per shareholder dollar. Leverage 1%: owes 1¢ per asset dollar.

weight 45% of this tense · 49th percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tron Inc. lost about 8 cents for every dollar of shareholders' money, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 1 cents per dollar of assets, and net share issuance: its share count grew 783.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 2% of its family
  • return on equitytop 37% of its family
  • gross profit against assetsbottom 23% of its family
  • the share count against the year beforebottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.5/10

How strong is its position in its industry?

bottom 24% of 114 in its family; net margin -354.6%.

weight 33% of this tense · 24th percentile among 114 sector filers · read for its customers

From the record

Tron Inc.'s standing among 114 graded names in its industry family: revenue of $5 million in fiscal 2025 ranks in the bottom 21% by size; a net margin of -354.6% ranks in the bottom 25%; revenue growth of -7.9% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

What it rests on

  • revenue against the family$4.7Mbottom 21% of its family
  • net margin-354.6%bottom 25% of its family
  • three-year revenue growth-7.9%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
2.2/10

What are the people in charge doing?

SI estimate 2.2/10, confidence 35 of 100 (one part).

weight 22% of this tense · 22nd percentile among 92 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 22% of 92 in its family; the record of its people begins on 2023-08-14 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.2 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2023-08-14 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.2 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 92 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Tron Inc.'s leadership is put at 2.2 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 22% of 92 in its family; the record of its people begins on 2023-08-14 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.2 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.4/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.4/10

How much room does it have to grow?

bottom 44% of 108 in its family for room to expand.

weight 33% of this tense · 44th percentile among 108 sector filers · read for itself

From the record

Tron Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash from operations less capital spending is -30.4% of revenue (top 45%); a gross margin of 25.3% (bottom 33%) (its annual report).

What it rests on

  • cash from operations less capital spending against revenue-30.4%top 45% of its family
  • gross margin25.3%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 100 in its family for growth drivers.

weight 33% of this tense · 54th percentile among 100 sector filers · read for its customers

From the record

Tron Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -7.9% a year over the last three filed years against -7.9% over all 4, speeding up (top 42% of its family); the newest year grew 10% (top 50%) (its annual reports). Tron Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 42% of its family
  • the newest year's revenue growth10.0%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.5/10

Did its newest year beat what its own record pointed to?

bottom 35% of 78 in its family for expectations against reality.

weight 33% of this tense · 35th percentile among 78 sector filers · read for its shareholders

From the record

Tron Inc.'s newest year against its own record: revenue of $5 million in fiscal 2025 came in 30.5% above the $4 million its prior three years' pace pointed to (top 26% of its family); net income of $17 million against a prior three-year average of $2 million (bottom 12%); a net margin of a loss larger than its revenue against -43.6% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace30.5%top 26% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 12% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TRON · research, not advice