secwatch.observer — SEC 8-K summary
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Issuer:     Stran & Company, Inc. (SWAG)
CIK:        0001872525
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001213900-23-024289
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stran Q4 revenue up 45% to $18.3M, net income $903K vs loss year ago
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- Q4 2022 revenue $18.3M (+45% YoY); net income $903K vs net loss $31K in Q4 2021.
- Full year 2022 revenue $59.0M (+48.5% YoY); net loss $0.8M vs net earnings $0.2M in 2021.
- Completed three acquisitions in 2022 (G.A.P., Trend, Premier NYC); pending T R Miller acquisition expected Q2 2023.
- Repurchased ~1.78M shares under stock repurchase program.
- Cash and short-term investments $25.0M; no long-term debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872525/000121390023024289/0001213900-23-024289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872525/000121390023024289/ea176050-8k_stranandco.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-024289

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer