STRAN & CO INC C/WTS (TO PUR COM) | 8-K: FY2025 Q2 Revenue: USD 32.58 M

Revenue: As of FY2025 Q2, the actual value is USD 32.58 M.

EPS: As of FY2025 Q2, the actual value is USD 0.03.

EBIT: As of FY2025 Q2, the actual value is USD 757 K.

Financial Results for the Three Months Ended June 30, 2025

Segment Revenue

• Sales increased 95.2% to approximately $32.6 million for the three months ended June 30, 2025, from approximately $16.7 million for the three months ended June 30, 2024.
• Sales by the Stran segment increased to approximately $21.8 million for the three months ended June 30, 2025, from approximately $16.7 million for the three months ended June 30, 2024.
• Sales by the SLS segment increased to approximately $10.8 million for the three months ended June 30, 2025, from $0 for the three months ended June 30, 2024.

Operational Metrics

• Gross profit increased 80.5% to approximately $9.9 million, or 30.3% of sales, for the three months ended June 30, 2025, from approximately $5.5 million, or 32.8% of sales, for the three months ended June 30, 2024.
• Operating expenses increased 44.1% to approximately $9.5 million for the three months ended June 30, 2025, from approximately $6.6 million for the three months ended June 30, 2024.
• Net income for the three months ended June 30, 2025, was approximately $0.6 million, compared to a net loss of approximately - $1.0 million for the three months ended June 30, 2024.

Financial Results for the Six Months Ended June 30, 2025

Segment Revenue

• Sales increased 72.5% to approximately $61.3 million for the six months ended June 30, 2025, from approximately $35.5 million for the six months ended June 30, 2024.
• Sales by the Stran segment increased to approximately $42.7 million for the six months ended June 30, 2025, from approximately $35.5 million for the six months ended June 30, 2024.
• Sales by the SLS segment increased to approximately $18.6 million for the six months ended June 30, 2025, from $0 for the six months ended June 30, 2024.

Operational Metrics

• Gross profit increased 65.6% to approximately $18.4 million, or 30.0% of sales, for the six months ended June 30, 2025, from approximately $11.1 million, or 31.2% of sales, for the six months ended June 30, 2024.
• Operating expenses increased 43.8% to approximately $18.5 million for the six months ended June 30, 2025, from approximately $12.9 million for the six months ended June 30, 2024.
• Net income for the six months ended June 30, 2025, was approximately $0.3 million, compared to a net loss of approximately - $1.5 million for the six months ended June 30, 2024.

Cash Flow

• Net cash provided by operating activities was $534 thousand for the six months ended June 30, 2025, compared to $4.2 million for the six months ended June 30, 2024.
• Net cash provided by investing activities was $3.7 million for the six months ended June 30, 2025, compared to $408 thousand for the six months ended June 30, 2024.
• Net cash used in financing activities was - $527 thousand for the six months ended June 30, 2025, compared to - $760 thousand for the six months ended June 30, 2024.

Outlook / Guidance

• Stran is well-positioned to pursue strategic growth opportunities and invest in long-term value creation, supported by a robust balance sheet with approximately $18.1 million in cash, cash equivalents, and investments.
• The company executed a share repurchase program, acquiring approximately 110,000 shares at an average price of $1.32, demonstrating confidence in the business and commitment to shareholder value.
• Stran aims to build on its momentum and deliver greater value to clients, team members, and shareholders.