Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 367

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part II, Item 8
Chunk 367
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 product offerings;

●industry demand and competition;

28

●our ability to leverage technology
                                            and use and develop efficient processes;

●our ability to attract and retain
                                            talented employees;

●our ability to identify or to complete
                                            acquisitions or to successfully integrate the businesses we acquire; and

●market conditions and our market
                                            position.

Results of Operations

Comparison of Three Months Ended June 30,
2025 and 2024

The following table sets forth key components
of our results of operations during the three months ended June 30, 2025 and 2024 both in dollars and as a percentage of our revenues.

    Three Months Ended June 30, 

    2025  
    2024 

    Amount (in thousands)  
    % of Revenues  
    Amount (in thousands)  
    % of Revenues 
  
    SALES 

    Sales 
    $32,577  
     100.0% 
    $16,693  
     100.0%
  
    Sales – related parties 
     —  
     —% 
     —  
     —%
  
    Total sales 
     32,577  
     100.0% 
     16,693  
     100.0%

    COST OF SALES: 

    Cost of sales 
     22,708  
     69.7% 
     11,226  
     67.2%
  
    Cost of sales - related parties 
     —  
     —% 
     —  
     —%
  
    Total cost of sales 
     22,708  
     69.7% 
     11,226  
     67.2%

    GROSS PROFIT 
     9,869  
     30.3% 
     5,467  
     32.8%

    OPERATING EXPENSES: 

    General and administrative expenses 
     9,474  
     29.1% 
     6,575  
     39.4%
  
    Total operating expenses 
     9,474  
     29.1% 
     6,575  
     39.4%

    INCOME (LOSS) FROM OPERATIONS 
     395  
     1.2% 
     (1,