SWAG
SWAG
Stran & Company, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $25.98M ▼ | $8.85M ▼ | $-1.24M ▼ | -4.77% ▼ | $-0.07 ▼ | $-1.02M ▼ |
| Q2-2025 | $32.58M ▲ | $9.47M ▲ | $643K ▲ | 1.97% ▲ | $0.03 ▲ | $1.01M ▲ |
| Q1-2025 | $28.69M ▲ | $9.02M ▼ | $-393K ▲ | -1.37% ▲ | $-0.02 ▲ | $-263K ▲ |
| Q4-2024 | $26.99M ▲ | $9.71M ▲ | $-586K ▲ | -2.17% ▲ | $-0.03 ▲ | $-683K ▲ |
| Q3-2024 | $20.14M | $8.14M | $-2.04M | -10.12% | $-0.11 | $-1.81M |
What's going well?
Other income provided some cushion against losses, and the company has no debt weighing it down. The share count is stable, so shareholders aren't being diluted.
What's concerning?
Sales fell sharply, costs are not dropping fast enough, and the company swung from profit to loss. Margins are getting squeezed, and overhead remains high compared to revenue.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $11.76M ▼ | $50.26M ▼ | $20.07M ▼ | $30.2M ▼ |
| Q2-2025 | $18.07M ▲ | $61.22M ▲ | $29.38M ▲ | $31.83M ▲ |
| Q1-2025 | $12.18M ▼ | $52.16M ▼ | $20.89M ▼ | $31.27M ▼ |
| Q4-2024 | $18.21M ▲ | $55.15M ▲ | $23.51M ▲ | $31.64M ▼ |
| Q3-2024 | $16.97M | $48.81M | $16.51M | $32.3M |
What's financially strong about this company?
The company has more than enough current assets to cover its short-term bills, and equity is much higher than debt. Most assets are tangible and liquid, so it's not overly reliant on accounting entries or risky assets.
What are the financial risks or weaknesses?
Cash and investments dropped sharply this quarter, and the company has a history of losses (negative retained earnings). Inventory is rising, which could signal slower sales, and book value is slipping.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-1.24M ▼ | $-5.25M ▼ | $-572K ▼ | $-433K ▲ | $-6.37M ▼ | $-5.75M ▼ |
| Q2-2025 | $643K ▲ | $5.95M ▲ | $2.9M ▲ | $-487K ▼ | $8.83M ▲ | $5.87M ▲ |
| Q1-2025 | $-393K ▲ | $-5.37M ▼ | $809K ▲ | $-40K ▼ | $-5.12M ▼ | $-5.49M ▼ |
| Q4-2024 | $-586K ▲ | $1.1M ▲ | $-2.05M ▼ | $38K ▲ | $-678K ▲ | $1.01M ▲ |
| Q3-2024 | $-2.04M | $-2.74M | $1.11M | $-206K | $-1.84M | $-2.88M |
What's strong about this company's cash flow?
Last quarter, SWAG was generating cash and collecting from customers improved this quarter. No debt dependency and no shareholder dilution are positives.
What are the cash flow concerns?
Cash burn is severe and accelerating, with negative cash flow from both operations and investments. Working capital is a major drag, and the company may run out of cash in the next quarter if trends continue.
Q3 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Stran & Company, Inc.'s financial evolution and strategic trajectory over the past five years.
Stran combines strong revenue growth with a balance sheet that is relatively conservative, featuring low debt and a net cash position. It operates in a large, diversified market and has carved out a role as an integrated, tech-enabled marketing partner. Stable gross margins, growing gross profit, improving cash flow, and a suite of digital tools and platforms all suggest a business model with underlying potential. Strategic acquisitions have added scale, sector expertise, and new client relationships that can be leveraged across its platform.
At the same time, the company’s financial profile carries significant risks. Operating expenses have grown faster than revenue, turning modest profits into recurring losses and driving retained earnings deeper into negative territory. Liquidity, while still adequate, has become less comfortable as short-term liabilities have risen. The industry is highly competitive, with limited structural barriers to entry and sensitivity to economic cycles. Integration of acquisitions and the realization of expected synergies are not guaranteed, and the absence of clear, reported R&D investment makes it harder to assess the long-term pace of innovation.
The outlook hinges on Stran’s ability to convert its revenue growth, acquisitions, and technology investments into sustainable profitability and stable positive cash flow. If management can slow the growth of overhead, realize integration benefits, and fully leverage its digital platforms, the financial picture could gradually strengthen. If not, ongoing losses may erode the benefits of a currently solid balance sheet and constrain future strategic options. As of now, the company sits at an inflection point where execution on cost control, integration, and digital differentiation will largely determine its longer-term trajectory.
About Stran & Company, Inc.
https://www.stran.comStran & Company, Inc. provides branding solutions. The Company offers promotional products, warehousing, fulfillment, distribution, print, direct mail, custom packaging, tradeshow displays, and program management solutions. Stran serves customers in the United States and Canada.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $25.98M ▼ | $8.85M ▼ | $-1.24M ▼ | -4.77% ▼ | $-0.07 ▼ | $-1.02M ▼ |
| Q2-2025 | $32.58M ▲ | $9.47M ▲ | $643K ▲ | 1.97% ▲ | $0.03 ▲ | $1.01M ▲ |
| Q1-2025 | $28.69M ▲ | $9.02M ▼ | $-393K ▲ | -1.37% ▲ | $-0.02 ▲ | $-263K ▲ |
| Q4-2024 | $26.99M ▲ | $9.71M ▲ | $-586K ▲ | -2.17% ▲ | $-0.03 ▲ | $-683K ▲ |
| Q3-2024 | $20.14M | $8.14M | $-2.04M | -10.12% | $-0.11 | $-1.81M |
What's going well?
Other income provided some cushion against losses, and the company has no debt weighing it down. The share count is stable, so shareholders aren't being diluted.
What's concerning?
Sales fell sharply, costs are not dropping fast enough, and the company swung from profit to loss. Margins are getting squeezed, and overhead remains high compared to revenue.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $11.76M ▼ | $50.26M ▼ | $20.07M ▼ | $30.2M ▼ |
| Q2-2025 | $18.07M ▲ | $61.22M ▲ | $29.38M ▲ | $31.83M ▲ |
| Q1-2025 | $12.18M ▼ | $52.16M ▼ | $20.89M ▼ | $31.27M ▼ |
| Q4-2024 | $18.21M ▲ | $55.15M ▲ | $23.51M ▲ | $31.64M ▼ |
| Q3-2024 | $16.97M | $48.81M | $16.51M | $32.3M |
What's financially strong about this company?
The company has more than enough current assets to cover its short-term bills, and equity is much higher than debt. Most assets are tangible and liquid, so it's not overly reliant on accounting entries or risky assets.
What are the financial risks or weaknesses?
Cash and investments dropped sharply this quarter, and the company has a history of losses (negative retained earnings). Inventory is rising, which could signal slower sales, and book value is slipping.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-1.24M ▼ | $-5.25M ▼ | $-572K ▼ | $-433K ▲ | $-6.37M ▼ | $-5.75M ▼ |
| Q2-2025 | $643K ▲ | $5.95M ▲ | $2.9M ▲ | $-487K ▼ | $8.83M ▲ | $5.87M ▲ |
| Q1-2025 | $-393K ▲ | $-5.37M ▼ | $809K ▲ | $-40K ▼ | $-5.12M ▼ | $-5.49M ▼ |
| Q4-2024 | $-586K ▲ | $1.1M ▲ | $-2.05M ▼ | $38K ▲ | $-678K ▲ | $1.01M ▲ |
| Q3-2024 | $-2.04M | $-2.74M | $1.11M | $-206K | $-1.84M | $-2.88M |
What's strong about this company's cash flow?
Last quarter, SWAG was generating cash and collecting from customers improved this quarter. No debt dependency and no shareholder dilution are positives.
What are the cash flow concerns?
Cash burn is severe and accelerating, with negative cash flow from both operations and investments. Working capital is a major drag, and the company may run out of cash in the next quarter if trends continue.
Q3 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Stran & Company, Inc.'s financial evolution and strategic trajectory over the past five years.
Stran combines strong revenue growth with a balance sheet that is relatively conservative, featuring low debt and a net cash position. It operates in a large, diversified market and has carved out a role as an integrated, tech-enabled marketing partner. Stable gross margins, growing gross profit, improving cash flow, and a suite of digital tools and platforms all suggest a business model with underlying potential. Strategic acquisitions have added scale, sector expertise, and new client relationships that can be leveraged across its platform.
At the same time, the company’s financial profile carries significant risks. Operating expenses have grown faster than revenue, turning modest profits into recurring losses and driving retained earnings deeper into negative territory. Liquidity, while still adequate, has become less comfortable as short-term liabilities have risen. The industry is highly competitive, with limited structural barriers to entry and sensitivity to economic cycles. Integration of acquisitions and the realization of expected synergies are not guaranteed, and the absence of clear, reported R&D investment makes it harder to assess the long-term pace of innovation.
The outlook hinges on Stran’s ability to convert its revenue growth, acquisitions, and technology investments into sustainable profitability and stable positive cash flow. If management can slow the growth of overhead, realize integration benefits, and fully leverage its digital platforms, the financial picture could gradually strengthen. If not, ongoing losses may erode the benefits of a currently solid balance sheet and constrain future strategic options. As of now, the company sits at an inflection point where execution on cost control, integration, and digital differentiation will largely determine its longer-term trajectory.

CEO
Andrew Shape
Compensation Summary
(Year 2024)
Upcoming Earnings
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Ratings Snapshot
Rating : C+

