SNAX · Stryve Foods, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.70M | $6.18M | $4.60M | - | $4.18M | $6.00M | $4.65M | - | $6.17M | $7.35M |
| Cost of Revenue | $4.47M | $4.48M | $3.58M | - | $3.62M | $4.95M | $3.68M | - | $4.79M | $3.77M |
| Gross Profit | $1.24M | $1.69M | $1.02M | - | $556.0K | $1.05M | $963.3K | - | $1.38M | $3.58M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $3.54M | $3.93M | $4.02M | - | $4.21M | $4.43M | $5.20M | - | $6.13M | $8.55M |
| D&A | $388.5K | $407.8K | $462.5K | - | $552.2K | $552.2K | $551.7K | - | $518.2K | $396.7K |
| Operating Income | ($2.31M) | ($2.23M) | ($3.00M) | - | ($3.65M) | ($3.38M) | ($4.23M) | - | ($4.75M) | ($15.97M) |
| Interest Expense | $1.12M | $727.9K | $582.6K | - | $1.12M | $963.8K | $398.9K | - | $189.8K | $1.15M |
| Income Tax | $0 | $900 | $9.0K | - | $7.3K | ($12.9K) | $3.3K | - | $507 | $0 |
| Net Income | ($3.11M) | ($2.96M) | ($3.93M) | - | ($4.78M) | ($4.31M) | ($4.64M) | - | ($4.97M) | ($16.35M) |
| EPS - Basic | ($0.95) | ($0.91) | ($1.42) | - | ($2.14) | ($2.05) | ($2.25) | - | ($7.20) | ($7.95) |
| EPS - Diluted | ($0.95) | ($0.91) | ($1.42) | - | ($2.14) | ($2.05) | ($3.75) | - | ($2.40) | ($7.95) |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $183.4K | $447.3K | $280.1K | $369.1K | $226.5K | $320.2K | $376.9K | $623.2K | $4.35M | $5.01M |
| Accounts Receivable | $2.86M | $2.95M | $2.32M | $2.09M | $3.05M | $2.97M | $2.98M | $2.49M | $2.14M | $4.26M |
| Inventory | $4.88M | $4.80M | $5.02M | $5.20M | $6.27M | $8.35M | $8.25M | $8.26M | $8.93M | $6.65M |
| Accounts Payable | $6.58M | $5.67M | $6.33M | $4.46M | $3.97M | $4.51M | $4.35M | $3.01M | $2.54M | $2.56M |
| Current Assets | $8.70M | $8.60M | $8.16M | $8.38M | $10.56M | $12.72M | $13.08M | $12.92M | $17.95M | $17.61M |
| Total Assets | $31.46M | $31.90M | $31.94M | $32.71M | $35.40M | $38.12M | $39.12M | $39.56M | $39.34M | $39.23M |
| Current Liabilities | $22.99M | $20.29M | $17.52M | $15.77M | $13.81M | $10.92M | $9.25M | $7.08M | $7.08M | $5.46M |
| Long-term Debt | $3.24M | $3.33M | $3.42M | $3.48M | $3.52M | $5.60M | $5.64M | $3.70M | $3.47M | $35.8K |
| Total Liabilities | $37.83M | $35.35M | $32.71M | $31.12M | $29.66M | $28.76M | $27.33M | $23.12M | $19.18M | $14.10M |
| Stockholders' Equity | ($6.38M) | ($3.46M) | ($773.9K) | $1.59M | $5.73M | $9.36M | $11.79M | $16.44M | $20.16M | $25.13M |
| Retained Earnings | ($146.29M) | ($143.18M) | ($140.22M) | ($136.29M) | ($130.98M) | ($126.20M) | ($121.89M) | ($117.25M) | ($112.75M) | ($107.78M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($790.4K) | - | - | - | ($2.63M) | - | - | - |
| Investing Cash Flow | - | - | - | - | - | - | ($48.6K) | - | - | - |
| Financing Cash Flow | - | - | $701.4K | - | - | - | $2.43M | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 21.7% | 27.4% | 22.1% | - | 13.3% | 17.5% | 20.7% | - | 22.4% | 48.7% |
| Operating margin | -40.4% | -36.1% | -65.3% | - | -87.4% | -56.3% | -91.1% | - | -77.0% | -217.2% |
| EBITDA margin | -33.6% | -29.5% | -55.2% | - | -74.2% | -47.1% | -79.3% | - | -68.6% | -211.8% |
| Net margin | -54.5% | -47.9% | -85.4% | - | -114.3% | -71.9% | -99.9% | - | -80.5% | -222.5% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -9.9% | -9.3% | -12.3% | - | -13.5% | -11.3% | -11.9% | - | -12.6% | -41.7% |
| Return on equity | 48.8% | 85.6% | 507.7% | - | -83.3% | -46.0% | -39.4% | - | -24.6% | -65.1% |
| Return on invested capital | - | - | -89.6% | - | -31.2% | -17.8% | -19.2% | - | -15.9% | -50.1% |
| Liquidity | ||||||||||
| Current ratio | 0.38 | 0.42 | 0.47 | 0.53 | 0.76 | 1.16 | 1.41 | 1.82 | 2.54 | 3.23 |
| Quick ratio | 0.17 | 0.19 | 0.18 | 0.20 | 0.31 | 0.40 | 0.52 | 0.66 | 1.28 | 2.01 |
| Cash ratio | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.09 | 0.62 | 0.92 |
| Leverage | ||||||||||
| Debt / Equity | -0.51 | -0.96 | -4.42 | 2.18 | 0.61 | 0.60 | 0.48 | 0.22 | 0.17 | 0.00 |
| Debt / Assets | 0.10 | 0.10 | 0.11 | 0.11 | 0.10 | 0.15 | 0.14 | 0.09 | 0.09 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.1x | -3.1x | -5.2x | - | -3.3x | -3.5x | -10.6x | - | -25.0x | -13.9x |
| Equity multiplier | -4.93 | -9.22 | -41.27 | 20.55 | 6.17 | 4.07 | 3.32 | 2.41 | 1.95 | 1.56 |
| Liabilities / Assets | 1.20 | 1.11 | 1.02 | 0.95 | 0.84 | 0.75 | 0.70 | 0.58 | 0.49 | 0.36 |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | 0.19 | 0.14 | - | 0.12 | 0.16 | 0.12 | - | 0.16 | 0.19 |
| Inventory turnover | 0.92 | 0.93 | 0.71 | - | 0.58 | 0.59 | 0.45 | - | 0.54 | 0.57 |
| Days sales outstanding | 183d | 174d | 184d | - | 266d | 181d | 234d | - | 127d | 211d |
| Days inventory outstanding | 399d | 391d | 512d | - | 632d | 616d | 818d | - | 681d | 644d |
| Days payable outstanding | 538d | 462d | 646d | - | 400d | 333d | 432d | - | 194d | 248d |
| Cash conversion cycle | 44d | 104d | 50d | - | 498d | 464d | 620d | - | 614d | 608d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | 1.2x | 2.1x | 19.3x | - | 12.2x | 5.3x |
| P / S | 0.8x | 0.9x | 0.9x | - | 1.7x | 3.2x | 49.0x | - | 39.9x | 18.2x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 36.4% | 3.0% | -1.0% | - | -32.3% | -18.4% | -32.0% | - | 39.3% | - |
| Revenue CAGR (3y) | 8.8% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 122.2% | 61.2% | 5.5% | - | -59.8% | -70.7% | -64.0% | - | -57.5% | - |
| Operating income growth (YoY) | 36.9% | 33.9% | 29.1% | - | 23.0% | 78.9% | 40.9% | - | 41.9% | -2208.7% |
| Net income growth (YoY) | 34.9% | 31.3% | 15.4% | - | 3.8% | 73.7% | 36.5% | - | 43.0% | -1969.8% |
| EPS growth (YoY) | 55.6% | 55.6% | 62.1% | - | 10.8% | 74.2% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | -90.3% | -71.6% | -62.7% | -71.4% | -0.0% | -28.0% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$30.08M totalWholesale$13.65M · 45.4%
ECommerce$10.87M · 36.1%
Private Label$5.55M · 18.5%
Peer comparison
Same SIC group: Food and Kindred Products
Comparing STRYVE FOODS against the 5 most active filers in the same SIC group.