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Stran (SWAG) Net Income : $0.04 Mil (TTM As of Dec. 2023)


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What is Stran Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Stran's Net Income for the three months ended in Dec. 2023 was $0.88 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.04 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Stran's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.05.


Stran Net Income Historical Data

The historical data trend for Stran's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stran Net Income Chart

Stran Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
0.39 1.03 0.24 -0.78 0.04

Stran Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 -0.70 -0.84 0.69 0.88

Stran Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Stran's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.067+-0.031+0+-0.001
=0.04

Stran's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.379+-0.495+0+-0.001
=0.88

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stran  (NAS:SWAG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Stran's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Stran Net Income Related Terms

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Stran (SWAG) Business Description

Traded in Other Exchanges
Address
2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171
Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.
Executives
David M. Leuci officer: Chief Information Officer 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Ashley Marshall director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Stranberg director, 10 percent owner, officer: Exec. Chm., Treas. and Sec. C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
John Audibert officer: VP of Growth and SI C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alan Chippindale director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Shape director, 10 percent owner, officer: President and CEO C/O LONG BLOCKCHAIN CORP., 12-1 DUBON COURT, FARMINGDALE NY 11735
David Browner officer: Interim CFO C/O STRAN AND COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Sheila Johnshoy officer: Chief Operating Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Stephen Paradiso officer: Chief of Staff C/O STRAN & COMPANY, INC.,, 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Jason Nolley officer: Chief Technology Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alejandro Tani director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Christopher Rollins officer: Chief Financial Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Randolph Birney officer: Executive Vice President C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Travis Mccourt director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171