COMP <GO>
USBC vs TONX // 10Y YIELD & FRED MACRO BETA
USBC Inc. (NYSE) VS. TON Strategy Company (NASDAQ) • 15-METRIC TALLY: USBC 1
— TONX 4
■ METRIC PARITY
LAST: $0.42 (+1.78%) • MKT CAP: $159.0M
macro-sensitivity
—
LAST: $2.91 (-4.90%) • MKT CAP: $168.5M
macro-sensitivity
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (USBC VS. TONX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | USBC | TONX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -18.40% | -7.80% | -10.60 | TONX | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -4.49% | -11.48% | +6.99 | USBC | /fcf-yield <GO> |
| Operating Margin | — | -60.00% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | -60.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 180.00% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 3/9 | -1.00 | TONX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 37.7 | 46.6 | -8.90 | TONX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $159.0M | $168.5M | -$9.6M | TONX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | USBC REV | TONX REV | USBC GROSS % | TONX GROSS % | USBC FCF | TONX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $50.5M | $12.8M | — | — | -$7.6M | -$20.9M |
| FY 2024 | $42.6M | $895.0K | — | — | -$12.9M | -$9.1M |
| FY 2023 | $39.3M | $63.0K | — | — | -$10.4M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
USBC // BETA —
TONX // BETA —