Strive Asset Management (ASST) financial statements
Strive Asset Management reported revenue of $4M in fiscal 2024, up 63.9% a year over 3 years.
Net income was -$22M and the operating margin -620.7%, against 1.8% in 2021.
Free cash flow was -$22M.
The diluted share count rose 13% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Strive Asset Management's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | $829,618 | $343,106 | $277,038 | $4M |
| Research and development | — | — | $18,935 | $423,299 |
| Selling, general and admin | $119,369 | $462,971 | $2M | $11M |
| Operating income | $14,871 | -$645,255 | -$5M | -$23M |
| Pre-tax income | — | — | -$5M | -$22M |
| Income tax | — | — | — | $0 |
| Net income | $14,871 | -$645,255 | -$5M | -$22M |
| EPS (diluted) | $0.00 | -$0.30 | -$1.85 | -$9.75 |
| Diluted shares | 2M | 2M | 3M | 2M |
| Operating margin | 1.8% | -188.1% | -1780.0% | -620.7% |
| Net margin | 1.8% | -188.1% | -1780.0% | -591.2% |
Balance sheet
Fiscal years, from Strive Asset Management's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and short-term investments | $33,731 | $137,177 | $3M | $6M |
| Total current assets | $58,731 | $373,021 | $3M | $24M |
| Property, plant and equipment | — | $12,825 | $12,825 | $951,000 |
| Goodwill | — | — | — | $0 |
| Total assets | $58,731 | $373,021 | $3M | $28M |
| Total current liabilities | $15,594 | $219,238 | $153,541 | $3M |
| Total liabilities | $15,594 | $219,238 | $153,541 | $5M |
| Shareholders' equity | $43,137 | $153,783 | $16M | $23M |
| Net debt | -$33,731 | -$137,177 | -$3M | -$6M |
Cash flow
Fiscal years, from Strive Asset Management's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating cash flow | $23,370 | -$602,829 | -$4M | -$22M |
| Capital spending | — | — | $13,559 | $24,000 |
| Free cash flow | — | — | -$4M | -$22M |
| Stock-based compensation | — | — | $1M | $0 |
| Free cash flow margin | — | — | -1379.3% | -592.3% |
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Open ASST in InvestinglyQuestions
What was Strive Asset Management's revenue in 2024?
$4M in fiscal 2024, from its 10-K filing.
How much free cash flow does Strive Asset Management generate?
-$22M in fiscal 2024 (operating cash flow minus capital spending).
From Strive Asset Management's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.