Direxion Daily COIN Bull 2X ETF (CONX)

Name: Direxion Daily COIN Bull 2X ETF Financial Statements
Creator: Quarter Results

Financial Services | Shell Companies

Latest reporting period: 2024-09-30

Latest Quarter

2024-09-30

Revenue

$751M

Net Income

-$3.4B

Operating Margin

-154.1%

Free Cash Flow

-$1.8M

Debt / Assets

182.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Direxion Daily COIN Bull 2X ETF (CONX).
Income Statement (Quarterly)	2024-09-30	2024-06-30	2024-03-31	2023-12-31
Revenue	750,604,000	500,402,000	0	0
Cost of Revenue	0	0	0	0
Gross Profit	0	0	0	0
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	1,675,027,000	1,839,724,000	1,072,000	354,993
Operating Expenses	1,675,027,000	1,839,724,000	1,072,000	354,993
Operating Income	-1,156,567,000	-1,494,080,000	-1,072,000	-355,000
Interest Expense	0	0	0	0
Income Before Tax	-3,492,080,000	4,968,345,000	2,364,000	-5,106,000
Income Tax Expense	-63,384,000	423,068,000	-10,336	65,469
Net Income	-3,428,696,000	4,545,277,000	2,374,000	-5,171,000
Per Share
EPS	-181.14	228.58	0.11	-0.25
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Direxion Daily COIN Bull 2X ETF (CONX).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	2,001,609,000	0	0	0	0
Cost of Revenue	0	0	0	0	0
Gross Profit	0	0	0	0	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	5,166,171,000	1,179,000	888,749	555,487	162,382
Operating Expenses	5,166,171,000	1,179,000	888,749	555,487	162,382
Operating Income	-3,765,588,000	-1,179,000	-888,749	-555,487	-162,382
Interest Expense	0	0	4,937,551	0	0
Income Before Tax	2,711,448,000	-5,929,000	25,407,968	19,374,525	-157,039
Income Tax Expense	36,479,000	65,469	1,213,218	18,449	1,122
Net Income	2,674,969,000	-5,995,000	24,194,750	19,356,076	-158,161
Per Share
EPS	19.96	-0.25	0.29	0.21	0.00
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Direxion Daily COIN Bull 2X ETF (CONX).
Balance Sheet (Quarterly)	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	8,162	1,397,296	750,369	1,211,837
Short Term Investments	0	84,243,386	0	0
Net Receivables	0	0	0	0
Inventory	0	0	0	0
Total Current Assets	17,328	1,420,401	823,877	1,211,837
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	21,983,432	85,663,787	750,904,232	751,243,021
Liabilities
Account Payables	76,826	19,114	0	112,500
Short Term Debt	2,108,426	333,935	0	0
Total Current Liabilities	3,991,456	2,136,864	298,757	138,622
Long Term Debt	0	0	0	0
Total Liabilities	40,046,956	33,174,364	52,695,423	26,663,622
Shareholders Equity
Retained Earnings	-40,031,506	-31,755,841	-51,793,069	0
Total Shareholders Equity	-18,063,524	52,489,423	-51,791,191	724,579,399

Balance sheet annual history for Direxion Daily COIN Bull 2X ETF (CONX).
Balance Sheet (Annual)	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	8,162	1,397,296	750,369	1,211,837
Short Term Investments	0	84,243,386	0	0
Net Receivables	0	0	0	0
Inventory	0	0	0	0
Total Current Assets	17,328	1,420,401	823,877	1,211,837
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	21,983,432	85,663,787	750,904,232	751,243,021
Liabilities
Account Payables	76,826	19,114	0	112,500
Short Term Debt	2,108,426	333,935	0	0
Total Current Liabilities	3,991,456	2,136,864	298,757	138,622
Long Term Debt	0	0	0	0
Total Liabilities	40,046,956	33,174,364	52,695,423	26,663,622
Shareholders Equity
Retained Earnings	-40,031,506	-31,755,841	-51,793,069	0
Total Shareholders Equity	-18,063,524	52,489,423	-51,791,191	724,579,399

Cash flow quarterly history for Direxion Daily COIN Bull 2X ETF (CONX).
Cash Flow Statement (Quarterly)	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-5,994,501	24,194,750	19,356,076
Depreciation & Amortization	0	0	0
Stock Based Compensation	0	0	0
Change in Working Capital	-545,152	1,554,575	112,468
Operating Cash Flow	-1,789,134	-547,392	-461,468
Investing Activities
Capital Expenditure	0	0	0
Investments	0	0	0
Investing Cash Flow	62,544,762	670,774,520	0
Financing Activities
Debt Repayment	-1,774,490	-333,935	0
Common Stock Issued/Repurchased	-63,919,253	-669,914,136	0
Dividends Paid	0	0	0
Financing Cash Flow	-62,144,762	-669,580,201	0
Summary
Free Cash Flow	-1,789,134	-547,392	-461,468
Net Change in Cash	-1,389,134	646,927	-461,468

Cash flow annual history for Direxion Daily COIN Bull 2X ETF (CONX).
Cash Flow Statement (Annual)	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-5,994,501	24,194,750	19,356,076
Depreciation & Amortization	0	0	0
Stock Based Compensation	0	0	0
Change in Working Capital	-545,152	1,554,575	112,468
Operating Cash Flow	-1,789,134	-547,392	-461,468
Investing Activities
Capital Expenditure	0	0	0
Investments	0	0	0
Investing Cash Flow	62,544,762	670,774,520	0
Financing Activities
Debt Repayment	-1,774,490	-333,935	0
Common Stock Issued/Repurchased	-63,919,253	-669,914,136	0
Dividends Paid	0	0	0
Financing Cash Flow	-62,144,762	-669,580,201	0
Summary
Free Cash Flow	-1,789,134	-547,392	-461,468
Net Change in Cash	-1,389,134	646,927	-461,468