Stratum Holdings Corp. most recently reported annual revenue of $69.0M, a net loss of $31.0M. Revenue grew at an average annual rate of 38.4% over the last 3 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Stratum Holdings Corp.: Revenue rose from $26.0M in 2022 to $69.0M in 2025, a change of +165.4% over 3 years; net profit was positive in 0 of 4 reported years; operating margin moved from -8.0% to -30.0%, a shift of -22.0 percentage points; the most recent year shows a net loss of $31.0M.
Income Statement — 4 Years (USD millions)
Metric
2022
2023
2024
2025
Revenue
$26.0M
$32.0M
$59.0M
$69.0M
Operating Expenses
$28.0M
$39.0M
$70.0M
$89.0M
Operating Profit
$-2.0M
$-7.0M
$-11.0M
$-20.0M
Operating Margin
-8.0%
-22.0%
-19.0%
-30.0%
Other Income
$0
$0
$0
$0
Interest
$0
$0
$0
$0
Depreciation
$0
$0
$1.0M
$1.0M
Profit Before Tax
$-2.0M
$-8.0M
$-14.0M
$-30.0M
Tax
$6.0M
$2.0M
$1.0M
$0
Net Profit
$-2.0M
$-8.0M
$-14.0M
$-31.0M
EPS
$-0.39
$-1.27
$-7844.00
$-3531.00
Dividend Payout
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
Metric
Jun '23
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Mar '26
Jun '26
Revenue
$7.0M
$7.0M
$11.0M
$11.0M
$16.0M
$17.0M
$7.0M
$15.0M
$20.0M
$17.0M
$14.0M
$15.0M
Operating Expenses
$8.0M
$7.0M
$17.0M
$15.0M
$18.0M
$19.0M
$10.0M
$19.0M
$23.0M
$22.0M
$16.0M
$17.0M
Operating Profit
$0
$0
$-6.0M
$-5.0M
$-2.0M
$-2.0M
$-3.0M
$-5.0M
$-2.0M
$-5.0M
$-2.0M
$-2.0M
Operating Margin
-4.0%
-6.0%
-52.0%
-43.0%
-11.0%
-10.0%
-44.0%
-32.0%
-12.0%
-29.0%
-18.0%
-11.0%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$0
$0
$0
$-5.0M
$-2.0M
$-2.0M
$-5.0M
$-96.0M
$78.0M
$-6.0M
$-13.0M
$-2.0M
Tax
$37.0M
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Profit
$0
$0
$-6.0M
$-5.0M
$-2.0M
$-2.0M
$-5.0M
$-96.0M
$78.0M
$-6.0M
$-13.0M
$-2.0M
EPS
$-0.07
$-0.06
$-0.98
$-0.35
$-12.49
$-16.49
$-7787.77
$-5.86
$1525.16
$-5.44
$-72.03
$-1.66
Over the 4 years reported for Stratum Holdings Corp., borrowings increased from $1.0M in 2023 to $1.0M in 2025, cash stood at $3.0M in the latest year, shareholders' equity was $51.0M, current assets covered current liabilities 1.00 times.
Balance Sheet — 4 Years (USD millions)
Metric
2022
2023
2024
2025
Total Assets
$4.0M
$14.0M
$19.0M
$13.0M
Current Assets
—
$3.0M
$4.0M
$6.0M
Cash
$0
$1.0M
$1.0M
$3.0M
Inventory
—
—
—
—
Receivables
$0
$1.0M
$1.0M
$1.0M
Fixed Assets
—
$0
$0
$0
Capital Work in Progress
$0
$0
$0
$0
Investments
—
—
—
—
Other Assets
$0
$6.0M
$8.0M
$2.0M
Total Liabilities
$7.0M
$5.0M
$13.0M
$13.0M
Current Liabilities
$5.0M
$2.0M
$10.0M
$6.0M
Borrowings
—
$1.0M
$1.0M
$1.0M
Other Liabilities
$7.0M
$4.0M
$12.0M
$13.0M
Equity
$0
$18.0M
$29.0M
$51.0M
Reserves
$-3.0M
$6.0M
$3.0M
$-6.0M
For Stratum Holdings Corp., operating cash flow was positive in 0 of 4 reported years; free cash flow in the latest year was negative at $8.0M; free cash flow was positive in 0 of 4 years.
Stratum Holdings Corp. (SRTM) reported annual revenue of $69.0M in its most recent fiscal year.
What is Stratum Holdings Corp.'s net profit?
Stratum Holdings Corp. (SRTM) reported a net loss of $31.0M in its most recent fiscal year.
What is SRTM EV/EBITDA?
Stratum Holdings Corp.'s enterprise value to EBITDA (EV/EBITDA) ratio is -2.17. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.