STRW (STRW) financial statements
STRW reported revenue of $155M in fiscal 2025, up 15.5% a year over 4 years.
Net income was $8M and the operating margin 54.4%, against 42.2% in 2021.
The diluted share count rose 117% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from STRW's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $87M | $93M | $100M | $117M | $155M |
| Selling, general and admin | $6M | $6M | $6M | $7M | $9M |
| Operating income | $37M | $50M | $47M | $61M | $84M |
| Interest expense | $23M | $23M | $27M | $35M | $51M |
| Net income | $393,000 | $2M | $2M | $4M | $8M |
| EPS (diluted) | $0.07 | $0.31 | $0.39 | $0.57 | $0.60 |
| Diluted shares | 6M | 6M | 6M | 7M | 13M |
| Operating margin | 42.2% | 54.0% | 47.5% | 52.4% | 54.4% |
| Net margin | 0.5% | 2.0% | 2.5% | 3.5% | 4.9% |
Balance sheet
Fiscal years, from STRW's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $26M | $20M | $12M | $48M | $32M |
| Receivables | $10M | $19M | $18M | — | — |
| Total assets | $570M | $547M | $617M | $788M | $885M |
| Total liabilities | $535M | $498M | $570M | $704M | $835M |
| Shareholders' equity | $2M | $8M | $8M | $18M | $12M |
| Net debt | -$26M | -$20M | -$12M | -$48M | -$32M |
Cash flow
Fiscal years, from STRW's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $45M | $51M | $55M | $59M | $90M |
| Stock-based compensation | $250,000 | — | — | — | $2M |
| Share buybacks (net) | — | — | -$46,000 | -$2M | -$652,000 |
| Net borrowing | -$21M | -$106M | -$24M | — | — |
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What was STRW's revenue in 2025?
$155M in fiscal 2025, from its 10-K filing.
From STRW's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.