SWAG Earnings Prediction
The chart below shows how SWAG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SWAG sees a -8.22% change in stock price 10 days leading up to the earnings, and a -13.01% change 10 days following the report. On the earnings day itself, the stock moves by +0.69%. This data can give you a slight idea of what to expect for the next quarter's release.
SWAG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
23.34M
27.49%
20.93%
Gross Margin
37.44%
28.31%
13.42%
Operating Margin
4.62%
100.87%
106.25%
Net Margin
3.78%
-23.33%
6.48%
EPS
0.01
-80.00%
-75.00%
No Data Available
SWAG Earnings Analysis
Stran & Company, Inc. Corporation (SWAG.O) Earnings Conference Call
Positive
- Stran & Company achieved record sales of approximately $75.9 million in 2023, marking a 28.7% increase over the prior year.
- Supported by the acquisitions of G.A.P. Promotions, Trend Brand Solutions, and T R Miller, which contributed approximately $14.7 million to the sales for 2023.
- The company reported a gross profit increase of 50.2% to approximately $24.9 million in 2023, with a gross profit margin of 32.8%.
- Reflecting improved operational efficiency and strategic growth initiatives implemented over the past few years.
- Stran & Company achieved profitability in 2023.
- Demonstrating the successful execution of the strategic growth initiatives and the ability to leverage acquisitions for long-term profitability.
- Improvement in operations seen in the fourth quarter results with a revenue increase of 27.5% and a gross profit increase of 63.5%.
- Gross margin increased to 37.4% in the fourth quarter compared to 29.2% for the same period last year, indicating operational leverage.
- The company's organic revenue increased by 16.6% in 2023, despite challenging macroeconomic conditions.
- Demonstrating Stran's resilience and competitive position within the promotional products industry.
- Stran & Company actively expanded into new verticals and geographic regions to bolster growth trajectory.
- Introduced new marketing programs, loyalty redemption programs, and eCommerce initiatives to enhance client engagement and drive sales.
- The company hired and promoted key personnel to strengthen the leadership team.
- Strategic hires for the positions of Chief Information Officer, Executive Vice President of Sales, and Senior Vice President of Client Strategy to capitalize on significant market opportunities.
- Continued recognition within the industry, with Andy Shape ranked 24th in the ASI's Annual Listing of Most Powerful People in the Promotional Products Industry.
- Andy Shape named the 2023 Counselor Person of the Year by ASI, validating Stran's accelerated revenue growth and leadership position within the industry.
Negative
- The company reported a net income of only $35,000 for the year ended December 31, 2023, compared to a net loss of $778,000 for the year ended December 31, 2022.
- There was an increase in operating expenses, partially offsetting the increase in sales, leading to minimal net income.
- Despite profitability for 2023, the company's financial performance was not as robust as expected.
- The company's cash and investments decreased from approximately $90 million as of December 31, 2022, to $18.5 million as of December 31, 2023, excluding rewards program liabilities.
- The decrease in cash and investments may limit the company's ability to explore strategic opportunities and maintain financial flexibility.
