| Dec 2023 | Dec 2024 | |
|---|---|---|
| Net Interest Income | 1.11M | 794.84K |
| NII Growth % | - | -0.28% |
| Net Interest Margin % | - | - |
| Interest Income | 1.11M | 794.84K |
| Interest Expense | 0 | 0 |
| Loan Loss Provision | 12.72M | 14M |
| Non-Interest Income | 1.34M | 2.86M |
| Non-Interest Income % | - | - |
| Total Revenue | 2.45M | 3.65M |
| Revenue Growth % | - | 0.49% |
| Non-Interest Expense | 7.75M | 12.3M |
| Efficiency Ratio | - | - |
| Operating Income | -18.02M | -22.65M |
| Operating Margin % | - | - |
| Operating Income Growth % | - | -0.26% |
| Pretax Income | -16.91M | -21.58M |
| Pretax Margin % | - | - |
| Income Tax | 0 | 0 |
| Effective Tax Rate % | - | - |
| Net Income | -16.91M | -21.58M |
| Net Margin % | - | - |
| Net Income Growth % | - | -0.28% |
| Net Income (Continuing) | -16.91M | -21.58M |
| EPS (Diluted) | 0.00 | 0.00 |
| EPS Growth % | - | - |
| EPS (Basic) | 0.00 | 0.00 |
| Diluted Shares Outstanding | 0 | 0 |
| Dec 2023 | Dec 2024 | |
|---|---|---|
| Cash & Short Term Investments | 1000K | 1000K |
| Cash & Due from Banks | 2.09M | 6.15M |
| Short Term Investments | 1000K | 1000K |
| Total Investments | 13.56M | 16.75M |
| Investments Growth % | - | 0.24% |
| Long-Term Investments | 0 | 0 |
| Accounts Receivables | 0 | 0 |
| Goodwill & Intangibles | - | - |
| Goodwill | 0 | 0 |
| Intangible Assets | 212.17K | 187.21K |
| PP&E (Net) | 3.77M | 2.74M |
| Other Assets | 47.59K | 1.51M |
| Total Current Assets | 16.16M | 23.76M |
| Total Non-Current Assets | 4.03M | 4.44M |
| Total Assets | 20.19M | 28.2M |
| Asset Growth % | - | 0.4% |
| Return on Assets (ROA) | -0.84% | -0.89% |
| Accounts Payable | 1.03M | 1.96M |
| Total Debt | 2.88M | 1.79M |
| Net Debt | 795.83K | -4.37M |
| Long-Term Debt | 0 | 0 |
| Short-Term Debt | 0 | 0 |
| Other Liabilities | 0 | 0 |
| Total Current Liabilities | 1.52M | 3.34M |
| Total Non-Current Liabilities | 2.62M | 1.52M |
| Total Liabilities | 4.14M | 4.86M |
| Total Equity | 16.06M | 23.34M |
| Equity Growth % | - | 0.45% |
| Equity / Assets (Capital Ratio) | - | - |
| Return on Equity (ROE) | -1.05% | -1.1% |
| Book Value per Share | - | - |
| Tangible BV per Share | - | - |
| Common Stock | 24 | 24 |
| Additional Paid-in Capital | 0 | 0 |
| Retained Earnings | -27.57M | -49.15M |
| Accumulated OCI | 0 | 0 |
| Treasury Stock | 0 | 0 |
| Preferred Stock | 43.62M | 72.49M |
| Dec 2023 | Dec 2024 | |
|---|---|---|
| Cash from Operations | -16.42M | -21.6M |
| Operating CF Growth % | - | -0.32% |
| Net Income | -16.91M | -21.58M |
| Depreciation & Amortization | 212.12K | 260.27K |
| Deferred Taxes | 0 | 0 |
| Other Non-Cash Items | -82.03K | -293.87K |
| Working Capital Changes | 364.75K | 17.96K |
| Cash from Investing | 527.65K | -3.2M |
| Purchase of Investments | -44.61M | -32.2M |
| Sale/Maturity of Investments | 1000K | 1000K |
| Net Investment Activity | - | - |
| Acquisitions | 0 | 0 |
| Other Investing | 0 | 0 |
| Cash from Financing | 5M | 28.86M |
| Dividends Paid | 0 | 0 |
| Share Repurchases | 0 | 0 |
| Stock Issued | 0 | 0 |
| Net Stock Activity | - | - |
| Debt Issuance (Net) | 0 | 0 |
| Other Financing | 0 | 0 |
| Net Change in Cash | -10.88M | 4.07M |
| Exchange Rate Effect | 0 | 0 |
| Cash at Beginning | 12.97M | 2.09M |
| Cash at End | 2.09M | 6.15M |
| Interest Paid | 0 | 0 |
| Income Taxes Paid | 0 | 0 |
| Free Cash Flow | -17.39M | -21.62M |
| FCF Growth % | - | -0.24% |
| Metric | 2023 | 2024 |
|---|---|---|
| Return on Equity (ROE) | -105.31% | -109.54% |
| Return on Assets (ROA) | -83.74% | -89.19% |
| Net Interest Margin | 5.5% | 2.82% |
| Efficiency Ratio | 316.31% | 337.03% |
| Equity / Assets | 79.52% | 82.78% |
| NII Growth | - | -28.49% |
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) grew revenue by 49.0% over the past year. This is strong growth.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) reported a net loss of $21.6M for fiscal year 2024.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) has a return on equity (ROE) of -109.5%. Negative ROE indicates the company is unprofitable.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) has a net interest margin (NIM) of 2.8%. NIM has been under pressure due to interest rate environment.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) has an efficiency ratio of 337.0%. This is higher than peers, suggesting room for cost optimization.