SRM Entertainment Inc

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SRM Entertainment, Inc. engages in the provision of designing, manufacturing, and sale of toys, souvenirs, and plushies. It offers its services to theme parks and other entertainment ventures. The company was founded on April 22, 2022 and is headquartered in Jupiter, FL.

JUPITER, FL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. , (Nasdaq: SRM) (the “Company” or “SRM”) SRM and Suretone Entertainment's Suretone Pictures are in negotiations to form an alliance capitalizing on Suretone Pictures' film productions, tv content creation, existing library and distribution strength alongside SRM's ongoing merchandise, manufacturing and distribution businesses as engaged in providing its services to the major film studios. The initial transaction was closed on September 3, 2024 with the transfer of the first of several valuable film assets transferred by Suretone Pictures to SRM. SRM and Suretone Entertainment's Suretone Pictures are engaged in far-reaching discussions to jointly create a new media company using certain assets of Suretone Pictures as the two companies intend to come together to build a multi-film asset and IP based library with an innovative plan towards distribution, merchandising and production.

Suretone Pictures and SRM Announce Media Agreement / Jordan Schur Joins Company as Advisor

JUPITER, FL, June 10, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. , (Nasdaq: SRM) (the “Company” or “SRM”) is pleased to announce a new order for SRM custom designed, nostalgic movie character key chains which will be available online and in shops at one of the world's largest movie theater chain. The intial order will help theaters promote the enhanced merchandising experience which allows movie goers to purchase memorabilla, souveniers and gifts in theater.

SRM Announces Custom Designed Product Order for In-(Movie)Theater Marketplace

JUPITER, FL, May 09, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. , (Nasdaq: SRM) (the “Company” or “SRM”) is pleased to announce a new regional theme park product order for our exclusive, colorful misting fans. The “fan favorite” is great to help beat the summer heat while your enjoying a fun day at one of America's premier amusement parks. The 30,000+ unit order increases SRM's expansion efforts with one of the largest regional amusement-resort operators in the world that welcomes approximately 28 million guests annually to parks located throughout the US.

SRM Expands with New Order that Helps Theme Park Guests Stay Cool in the Summertime Heat

JUPITER, FL, April 17, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) announced it has received a 36,000+ piece order with a retail value of approximately $900,000 for SRM's Misting Fans. The colorful and custom designed fans are popular for helping theme park guests keep cool and enjoy themselves, and will be delivered in time for summer. The order is from one of SRM's Orlando theme park customers that has been in business for more than fifty years and welcomes over four million guests per year.

SRM Announces New Misting Fan Order

JUPITER, FL, April 10, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) is pleased to announce that SRM's patented Sip With Me cups are now available at Landry's Rainforest Café located at Disney's Animal Kingdom as well as Disney Springs. They can also be found at other Rainforest locations including Galveston Island, TX, San Antonio Riverwalk, Opry Mills in Nashville, TN and The Mall of America. Additionally, they will soon be featured online at https://shop.landrysinc.com/collections/rainforest-cafe.

Sip with Me Cups now Available at Landry's Rainforest Café

Launched SRM's patented Sip With Me cups branded with loveable characters Added Industry Veterans to Team Trusted Supplier for Major Theme Parks JUPITER, FL, April 02, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. , (Nasdaq: SRM) (the “Company” or “SRM”) which designs, develops, and manufactures custom products, toys and souvenirs for the world's largest theme parks and other leading entertainment venues, announced its fiscal results for the year ended December 31, 2023. For the year ended December 31, 2023, SRM had revenues of $5,760,533 and a gross profit of $1,317,450.

SRM Entertainment Reports 2023 Annual Results and Business Updates

JUPITER, FL, March 28, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) announced it has received an 18,000+ piece assorted Sip With Me Cup re-order with a retail value of approximately $275,000. The order from one of SRM's Orlando theme park customers, that has been in business more than fifty years and welcomes more than four million guests per year, continues to be a great venue for SRM to introduce its patented Sip With Me cups to our target audience.

SRM announces Sip with Me cups Reorder

Extensive Experience in Product Design, Toy Design, 2D and 3D Concepts With Disney, Pixar, Lucas Film LTD., Warner Bros.

SRM Entertainment Strengthens Product Design Team with Michael Clarida

January 28 th - February 1 st Showroom C972, C975 JUPITER, FL, Jan. 29, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. , (Nasdaq: SRM) (the “Company” or “SRM”) will introduce a new line of products at the iconic  Winter Market 2024  in Las Vegas from January 28 through February 1st, featuring our new Zoo Animals assortment, Sealife assortment and custom designs. The SRM Design Team's creativity will be featured as we showcase our custom design capabilites and introduce our new Zoo Animals and Sealife poduct assortment lines at the Las Vegas Market Winter Show, a leading industry trade show (Showroom C972 & C975).

SRM Entertainment Showcases New Products at the 2024 Las Vegas Winter Market Gift Show

JUPITER, FL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company” or “SRM”) a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, today announced the launch of their SipWithMeCup.com retail website. The website provides an enhanced user experience while it highlights the Company's in-house marketing team capabilities with new photos and product illustrations. The team captures the functionality and benefits of many of the favorite SipWithMe cups featuring Smurfs & Zoonicorn franchise characters alongside SRM's proprietary, loveable Trend Animal collection.

SRM Launches New Retail Website for SipWithMe Brand

SRM Kicks-Off 2024 Sip with Me Marketing Campaign

JUPITER, FL, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company” or “SRM”) is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, is proud to sponsor and participate in this year's Global Licensing Industry Holiday Party Saturday December 9th in Boca Raton Florida.

SRM Sponsors the Licensing International and Women In Toys Licensing & Entertainment Holiday Party

Completed NASDAQ listing Launched Smurfs & Zoonicorn Sip with Me ® cups Multi-year license agreements JUPITER, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company” or “SRM”) is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, announced its fiscal results for the third quarter ended September 30, 2023. SRM had sales of $1,128,062 and $1,517,546 for the three months ended September 30, 2023 and 2022.

SRM Entertainment Reports Third Quarter 2023 Financial Results

Smurfs brand and characters to be featured on SRM's Patented “Sip With Me” Drinkware Product Lines JUPITER, FL, Oct. 10, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM)(the “Company” or “SRM Entertainment”), today announced that the Company has signed an agreement to extend the Smurfs multi-year licensing agreement with LAFIG Belgium for use of the Smurfs brand name and characters to be featured on SRM's patented Sip With Me line of children's hydration drinkware and table-top products through December 2025. SRM Entertainment's patented Sip with Me ® children's cups which feature Smurfs franchise characters will be sold online and at retail stores throughout the country.

SRM Entertainment Extends its Multi-Year SMURFS License Agreement

September 30 th - October 3 rd Booth # 2689 Lower Level

SRM Entertainment Exhibits at the 2023 North American International Toy Fair NYC

Torrid Holdings

Farfetch

PLBY Group

United Homes Group Inc

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Top 5 Consumer Stocks That Could Blast Off In September - Farfetch (NYSE:FTCH), Torrid Holdings (NYSE:CURV)

JUPITER, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) today announced the expansion of the multi-year global licensing agreement signed with Los Angeles-based Zoo n icorn , the multiplatform animated preschool brand from Zoonicorn, LLC and Toonz Entertainment. SRM Entertainment's patented Sip With Me children's cups which feature Zoonicorn franchise characters will be available online and at retail stores throughout the country. SRM and Zoonicorn are expanding the licensing agreement to additional Zoonicorn branded products which include plush and vinyl backpacks, tumblers and plastic drinkware.

SRM Entertainment Announces Expanded Merchandise License Agreement with Toonz Entertainment and Zoonicorn LLC.

Jupiter, FL, Aug. 16, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (the “Company”) today announced the closing of its initial public offering (the “Offering”) of 1,250,000 shares of its common stock at an initial price to the public of $5.00 per share. The shares began trading on the Nasdaq Capital Market on August 15, 2023, under the symbol “SRM”.

SRM Entertainment, Inc. Announces Closing of Its Initial Public Offering

Jupiter, FL, Aug. 14, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (“SRM”) today announced the pricing of its initial public offering of 1,250,000 shares of its common stock at a price to the public of $5.00 per share. All of the shares are being offered by SRM. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by SRM, are expected to be $6.25 million. The shares are expected to begin trading on The Nasdaq Capital Market on August 15, 2023, under the symbol “SRM.” The offering is expected to close on August 16, 2023, subject to the satisfaction of customary closing conditions. In addition, SRM has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares of SRM's common stock at the initial public offering price, less the underwriting discounts and commissions.

SRM Entertainment, Inc. Announces Pricing of Its Initial Public Offering

SRM Entertainment has filed proposed terms for a $9 million U.S. IPO. The firm designs and sells toys and souvenirs primarily at theme parks and entertainment venues in the United States. SRM is a tiny firm that is thinly capitalized and management has excessive valuation assumptions.

News for SRM Entertainment Inc Stock (SRM)