ATON Chart
About

AlphaTON Capital Corp. operates as a digital asset treasury company. It focuses on building and managing a strategic reserve of The Open Network (TON) tokens and developing the Telegram ecosystem. The company provides public market investors with institutional-grade exposure to the TON ecosystem and Telegram's billion user platform. Its activities cover network validation and staking operations, and development of Telegram-based applications, as well as strategic investments in TON-based decentralized finance protocols, gaming platforms, and business applications. The company is also advancing various therapies that target known checkpoint resistance pathways to achieve durable treatment response and improve quality of life for patients. The company was formerly known as Portage Biotech Inc. and changed its name to AlphaTON Capital Corp. in September 2025. AlphaTON Capital Corp. is based in Road Town, British Virgin Islands.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Asset Management Market Cap 8.56M
Enterprise Value -690.46K Income -14.89M Sales
Book/sh 1.67 Cash/sh 0.36 Dividend Yield
Payout 0.00% Employees 3 IPO
P/E Forward P/E -12.18 PEG
P/S P/B 0.22 P/C
EV/EBITDA 0.08 EV/Sales Quick Ratio 0.85
Current Ratio 0.88 Debt/Eq LT Debt/Eq
EPS (ttm) -8.01 EPS next Y -0.03 EPS Growth
Revenue Growth Earnings 2026-04-13 ROA -34.26%
ROE -3.11% ROIC Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 23.43M
Shs Float 8.54M Short Float 5.70% Short Ratio 0.92
Short Interest 52W High 15.82 52W Low 0.35
Beta 0.41 Avg Volume 6.05M Volume 291.75K
Target Price $2.00 Recom None Prev Close $0.36
Price $0.37 Change 1.53%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.00
Mean price target
2. Current target
$0.36
Latest analyst target
3. DCF / Fair value
$1.40
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.36
Low
$2.00
High
$2.00
Mean
$2.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-24 init HC Wainwright & Co. — → Buy $2
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems243.77-8.21M-15.43M183.96K
TaxRateForCalcs0.000.120.150.21
NormalizedEBITDA-7.29M-19.00M-16.62M-15.65M
TotalUnusualItems551.00K-66.85M-105.89M876.00K
TotalUnusualItemsExcludingGoodwill551.00K-66.85M-105.89M876.00K
NetIncomeFromContinuingOperationNetMinorityInterest-6.77M-75.34M-104.61M-16.87M
ReconciledDepreciation35.00K54.00K1.00K0.00
EBITDA-6.74M-85.84M-122.51M-14.77M
EBIT-6.78M-85.90M-122.51M-14.77M
NetInterestIncome86.00K242.00K208.00K-43.00K
InterestExpense3.00K32.00K9.00K43.00K
InterestIncome89.00K274.00K217.00K0.00
NormalizedIncome-7.32M-16.70M-14.15M-17.56M
NetIncomeFromContinuingAndDiscontinuedOperation-6.77M-75.34M-104.61M-16.87M
TotalExpenses7.42M18.25M16.58M15.59M
TotalOperatingIncomeAsReported-7.38M-18.20M-16.57M-15.59M
DilutedAverageShares1.18M968.00K806.00K653.00K
BasicAverageShares1.18M968.00K806.00K653.00K
DilutedEPS-5.72-77.83-129.79-25.80
BasicEPS-5.72-77.83-129.79-25.80
DilutedNIAvailtoComStockholders-6.77M-75.34M-104.61M-16.87M
NetIncomeCommonStockholders-6.77M-75.34M-104.61M-16.87M
NetIncome-6.77M-75.34M-104.61M-16.87M
MinorityInterests11.00K43.00K55.00K2.30M
NetIncomeIncludingNoncontrollingInterests-6.78M-75.38M-104.67M-19.17M
NetIncomeContinuousOperations-6.78M-75.38M-104.67M-19.17M
TaxProvision-3.00K-10.55M-17.86M4.35M
PretaxIncome-6.78M-85.93M-122.52M-14.82M
OtherIncomeExpense551.00K-67.92M-106.15M814.00K
OtherNonOperatingIncomeExpenses-839.00K-1.26M
SpecialIncomeCharges946.00K-74.45M-105.87M0.00
GainOnSaleOfBusiness0.0027.00K0.000.00
OtherSpecialCharges-946.00K3.09M223.00K
WriteOff0.0082.69M64.72M0.00
ImpairmentOfCapitalAssets0.000.0043.86M0.00
RestructuringAndMergernAcquisition0.00-11.30M-2.71M0.00
EarningsFromEquityInterest0.00-233.00K-260.00K-62.00K
GainOnSaleOfSecurity-395.00K7.60M-20.00K876.00K
NetNonOperatingInterestIncomeExpense86.00K242.00K208.00K-43.00K
InterestExpenseNonOperating3.00K32.00K9.00K43.00K
InterestIncomeNonOperating89.00K274.00K217.00K0.00
OperatingIncome-7.42M-18.25M-16.58M-15.59M
OperatingExpense7.42M18.25M16.58M15.59M
DepreciationAmortizationDepletionIncomeStatement35.00K54.00K1.00K0.00
DepreciationAndAmortizationInIncomeStatement35.00K54.00K1.00K0.00
DepreciationIncomeStatement35.00K54.00K1.00K0.00
ResearchAndDevelopment3.13M12.54M8.67M6.77M
SellingGeneralAndAdministration4.25M5.66M7.90M8.82M
GeneralAndAdministrativeExpense4.25M5.66M7.90M8.82M
OtherGandA4.25M5.66M7.90M8.82M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-03-31
TreasurySharesNumber2.70K
OrdinarySharesNumber1.65M989.22K880.29K667.45K
ShareIssued1.66M989.22K880.29K667.45K
TotalDebt0.0047.00K0.001.80M
TangibleBookValue-123.00K4.02M-5.64M-39.51M
InvestedCapital-123.00K4.02M76.05M121.20M
WorkingCapital1.12M4.82M11.81M24.05M
NetTangibleAssets-123.00K4.02M-5.64M-39.51M
CapitalLeaseObligations0.0047.00K0.00
CommonStockEquity-123.00K4.02M76.05M121.20M
TotalCapitalization-123.00K4.02M76.05M121.20M
TotalEquityGrossMinorityInterest-827.00K3.33M75.39M165.43M
MinorityInterest-704.00K-693.00K-650.00K44.23M
StockholdersEquity-123.00K4.02M76.05M121.20M
OtherEquityInterest23.53M23.84M21.20M16.93M
GainsLossesNotAffectingRetainedEarnings0.00-4.33M958.00K958.00K
OtherEquityAdjustments-4.33M958.00K958.00K
RetainedEarnings-245.45M-239.32M-159.62M-55.01M
CapitalStock221.80M219.50M218.78M158.32M
CommonStock221.80M219.50M218.78M158.32M
TotalLiabilitiesNetMinorityInterest3.05M4.45M23.73M29.23M
TotalNonCurrentLiabilitiesNetMinorityInterest1.95M1.57M21.87M28.45M
DerivativeProductLiabilities1.95M1.56M0.00
TradeandOtherPayablesNonCurrent0.007.18M0.00
NonCurrentDeferredLiabilities0.0014.69M28.45M24.05M
NonCurrentDeferredTaxesLiabilities0.0010.56M28.45M24.05M
LongTermDebtAndCapitalLeaseObligation7.00K
LongTermCapitalLeaseObligation0.007.00K0.00
CurrentLiabilities1.10M2.88M1.86M783.00K
OtherCurrentLiabilities3.00K33.00K1.12M
CurrentDebtAndCapitalLeaseObligation40.00K1.80M
CurrentCapitalLeaseObligation0.0040.00K0.00
CurrentDebt1.80M
OtherCurrentBorrowings150.00K
CurrentNotesPayable0.001.80M
PayablesAndAccruedExpenses1.10M2.84M1.86M750.00K
CurrentAccruedExpenses660.00K2.31M1.59M562.00K
InterestPayable0.005.00K
Payables440.00K525.00K274.00K188.00K
OtherPayable13.00K43.00K
DuetoRelatedPartiesCurrent0.00
AccountsPayable427.00K482.00K274.00K188.00K
TotalAssets2.23M7.78M99.13M194.66M
TotalNonCurrentAssets0.0084.00K85.45M169.83M
OtherNonCurrentAssets49.00K38.00K36.00K36.00K
NonCurrentDeferredAssets0.00839.00K0.00
NonCurrentAccountsReceivable22.00K
InvestmentsAndAdvances0.002.89M9.08M9.14M
InvestmentinFinancialAssets0.002.09M7.41M7.41M
AvailableForSaleSecurities2.09M7.41M7.41M
LongTermEquityInvestment0.00806.00K1.67M1.74M
InvestmentsinAssociatesatCost0.00806.00K1.67M1.74M
GoodwillAndOtherIntangibleAssets0.0081.68M160.71M160.71M
OtherIntangibleAssets81.68M117.39M117.39M
Goodwill0.0043.32M43.32M
NetPPE0.0035.00K0.00
GrossPPE0.0035.00K0.00
OtherProperties35.00K
BuildingsAndImprovements35.00K0.00
CurrentAssets2.23M7.70M13.68M24.83M
PrepaidAssets543.00K2.63M2.45M1.27M
Receivables12.00K39.00K682.00K209.00K
OtherReceivables12.00K39.00K71.00K40.00K
TaxesReceivable0.00169.00K169.00K649.00K
NotesReceivable0.00442.00K0.00
CashCashEquivalentsAndShortTermInvestments1.67M5.03M10.54M23.35M
OtherShortTermInvestments0.00
CashAndCashEquivalents1.67M5.03M10.54M23.35M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow-5.46M-14.30M-12.08M-6.76M
RepaymentOfDebt-47.00K-40.00K-2.00M0.00
IssuanceOfDebt0.000.0050.00K
IssuanceOfCapitalStock2.15M6.03M2.98M29.09M
CapitalExpenditure-3.00K
InterestPaidSupplementalData30.00K0.0019.00K748.00K
EndCashPosition1.67M5.03M10.54M23.35M
BeginningCashPosition5.03M10.54M23.35M2.77M
ChangesInCash-3.36M-5.52M-12.81M20.58M
FinancingCashFlow2.10M5.97M-117.00K27.35M
CashFlowFromContinuingFinancingActivities2.10M5.97M-117.00K27.35M
NetOtherFinancingCharges-20.00K-1.10M-1.85M-1.25M
ProceedsFromStockOptionExercised1.00K0.000.00105.00K
NetCommonStockIssuance2.15M6.03M2.98M29.09M
CommonStockIssuance2.15M6.03M2.98M29.09M
NetIssuancePaymentsOfDebt-47.00K-40.00K-2.00M0.00
NetLongTermDebtIssuance-47.00K-40.00K-2.00M0.00
LongTermDebtPayments-47.00K-40.00K-2.00M0.00
LongTermDebtIssuance0.000.0050.00K
InvestingCashFlow0.002.81M-617.00K0.00
CashFlowFromContinuingInvestingActivities0.002.81M-617.00K0.00
NetOtherInvestingChanges-614.00K
NetInvestmentPurchaseAndSale2.81M0.000.00140.00K
SaleOfInvestment2.81M0.000.00140.00K
NetBusinessPurchaseAndSale0.002.81M0.000.00
SaleOfBusiness0.002.81M0.000.00
PurchaseOfBusiness0.000.00-1.00M
NetPPEPurchaseAndSale0.000.00-3.00K0.00
PurchaseOfPPE0.000.00-3.00K0.00
OperatingCashFlow-5.46M-14.30M-12.07M-6.76M
CashFlowFromContinuingOperatingActivities-5.46M-14.30M-12.07M-6.76M
ChangeInWorkingCapital1.52M982.00K-10.00K-461.00K
ChangeInOtherWorkingCapital-3.00K2.00K84.00K39.00K
ChangeInOtherCurrentAssets46.00K40.00K24.00K-165.00K
ChangeInPayablesAndAccruedExpense-99.00K972.00K1.11M-1.21M
ChangeInPrepaidAssets1.57M-32.00K-1.23M877.00K
ChangeInReceivables-31.00K522.00K-111.00K
ChangesInAccountReceivables-31.00K522.00K-111.00K
OtherNonCashItems-946.00K-7.32M-2.59M120.00K
StockBasedCompensation321.00K2.64M4.28M9.14M
AssetImpairmentCharge0.0082.69M108.58M0.00
DeferredTax0.00-10.56M-17.88M4.39M
DeferredIncomeTax0.00-10.56M-17.88M4.39M
DepreciationAmortizationDepletion35.00K54.00K1.00K0.00
DepreciationAndAmortization35.00K54.00K1.00K0.00
Depreciation35.00K54.00K1.00K0.00
OperatingGainsLosses388.00K-7.39M213.00K-790.00K
EarningsLossesFromEquityInvestments0.00233.00K260.00K62.00K
GainLossOnInvestmentSecurities388.00K-7.59M-33.00K-852.00K
NetForeignCurrencyExchangeGainLoss0.000.00-14.00K0.00
GainLossOnSaleOfBusiness0.00-27.00K0.000.00
NetIncomeFromContinuingOperations-6.78M-75.38M-104.67M-19.17M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ATON
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