Consumer Cyclical -
Leisure - NASDAQ - US
$ 8.2
10.8 %
$ 141 M
Market Cap
-34.17
P/E
1. INTRINSIC VALUE
Balance Sheet
SRM Entertainment, Inc.
| Current Assets | 3.46 M |
| Cash & Short-Term Investments | 1.35 M |
| Receivables | 794 K |
| Other Current Assets | 1.32 M |
| Non-Current Assets | 2.84 M |
| Long-Term Investments | 0 |
| PP&E | 48.3 K |
| Other Non-Current Assets | 2.8 M |
| Current Liabilities | 1.02 M |
| Accounts Payable | 264 K |
| Short-Term Debt | 500 K |
| Other Current Liabilities | 252 K |
| Non-Current Liabilities | 752 K |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 752 K |
EFFICIENCY
Earnings Waterfall
SRM Entertainment, Inc.
| Revenue | 4.31 M |
| Cost Of Revenue | 3.46 M |
| Gross Profit | 855 K |
| Operating Expenses | 5.19 M |
| Operating Income | -4.33 M |
| Other Expenses | 4.55 K |
| Net Income | -4.34 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
SRM Entertainment, Inc.
| Net Income | -4.34 M |
| Depreciation & Amortization | 117 K |
| Capital Expenditures | -273 K |
| Stock-Based Compensation | 1.28 M |
| Change in Working Capital | -496 K |
| Others | 585 K |
| Free Cash Flow | -3.13 M |
Wall Street Analysts Price Targets
SRM Entertainment, Inc.
Wall Street analysts predict an average 1-year price target for SRM of $0.78 , with forecasts ranging from
a
low of
$0.78 to a high of $0.78 .
SRM Lowest Price Target
Wall Street Target
0.78 USD
-90.49%
SRM Average Price Target
Wall Street Target
0.78 USD
-90.49%
SRM Highest Price Target
Wall Street Target
0.78 USD
-90.49%
4. DIVIDEND
ANALYSIS
SRM does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
SRM Entertainment, Inc.
Sold
0-3 MONTHS
2.96 M USD 3
3-6 MONTHS
0 USD 1
6-9 MONTHS
470 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
SRM Completes $100,000,000 TRON Treasury Launch
Treasury Holdings of 365,096,845 TRON (TRX) tokens
globenewswire.com
- 1 week ago
Dominari Securities Serves as Exclusive Placement Agent to SRM Entertainment on a $100 Million Equity Investment
- SRM Launches TRON Treasury Strategy NEW YORK , June 17, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) today announced that its wholly owned subsidiary, Dominari Securities LLC, served as the exclusive placement agent, successfully leading the placement of a $100 million equity investment for SRM Entertainment, Inc. (Nasdaq: SRM). The transaction, which included the issuance of 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants, represents a total potential investment of $210 million upon full warrant exercise.
prnewswire.com
- 3 weeks ago
SRM Launches TRON Treasury Strategy with $100,000,000 Equity Investment
Justin Sun - Founder of TRON Blockchain Signs Advisory Agreement with SRM Winter Park, Florida, June 16, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), announced today that it has entered into a Securities Purchase Agreement (“SPA”) with a private investor for a $100,000,000 equity investment that will be used by SRM to initiate a TRON Token (“TRX”) Treasury Strategy. Along with the strategic investment - Justin Sun, founder of TRON blockchain, has been named as an advisor to the Company.
globenewswire.com
- 3 weeks ago
SRM Entertainment Announces Closing of $5 Million Private Placement
Winter Park, Florida, May 27, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), a leading provider of creative and high-quality licensed media-themed merchandise, announces today the closing of its previously announced private investment in public equity (“PIPE”) financing with an institutional investor for gross proceeds to the Company of $5,000,000, before deducting placement agent fees and offering expenses. Pursuant to the terms of the securities purchase agreement, the Company sold an aggregate of 5,000 shares of its Series A Convertible Preferred Stock, convertible into an aggregate of 8,928,571 shares of common stock at a conversion price of $0.56 per share (not at $0.50 per share as previously reported), and warrants, each having the right to purchase one share of common stock, to acquire up to an aggregate of 8,928,571 shares of common stock, subject to beneficial ownership limitations.
globenewswire.com
- 1 month ago
SRM Entertainment Awarded Three New Global Theme Park Toy Programs Based on Iconic Movie Franchise
WINTER PARK, FL, April 29, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM)(the “Company” or “SRM”) SRM Entertainment is proud to announce that we have secured three major new toy programs with one of the world's leading theme parks. The new toys which are based on a global movie franchise that has grossed in excess of $5 billion dollars globally will be in theme parks in the coming months.
globenewswire.com
- 2 months ago
SRM Entertainment Receives Six-Month Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement
Winter Park, FL, April 24, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM)(the “Company”) announced today that it has received a notice from the Nasdaq Staff, which has determined that the Company is eligible for an additional 180 calendar day period to regain compliance with Nasdaq's minimum $1 per share bid price requirement. The determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the bid price requirement. If at any time during this additional time period the closing bid price of the Company's security is at least $1 per share for a minimum of 10 consecutive business days, this matter will be closed.
globenewswire.com
- 2 months ago
SRM Entertainment's Provides Update on Trade Related Market Conditions
Winter Park, FL, April 16, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) SRM Entertainment maintains a favorable business model for current trade conditions. SRM manufactures products in China and more importantly SRM “passes title” of our products to our largest customers in China. Shipping, tariffs and other duty related expenses are the responsibility of our customers. This business model provides SRM with the ability to mitigate changing trade conditions. In addition, SRM carries inventory of our proprietary products in the United States of approximately $800,000 which is sold through retailers and Amazon. This domestic asset provides the Company with a readily available supply of key products such as lovable plush, back pack clips, drinkware and SRM's Sip with Me cups including the officially licensed Smurfs collectible line insulating at least a portion of our business from potential supply chain disruptions and tariff-related cost increases.
globenewswire.com
- 2 months ago
SRM Entertainment Features Innovative Products and Collectibles at Toy Fair NYC 2025
Winter Park, FL, Feb. 27, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company”), a leading designer, developer, and manufacturer of custom merchandise, will be at the 119th Toy Fair®, at the Javits Center in New York City from March 1st thru March 4th. SRM Entertainment will be showcasing its latest innovations in toys, including the dynamic interactive light sticks controlled with a custom app, light-up bracelets designed for concerts, special events, and theme parks, and a new line of collectible plush backpack clips.
globenewswire.com
- 4 months ago
SRM Entertainment Underscores Commitment to Growth and Shareholder Value
Winter Park, FL, Feb. 19, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company”) today announced, despite receiving numerous inquiries from investors, SRM Entertainment has no immediate plans to raise capital. The Company also announced the relocation of its headquarters to Winter Park, Florida, a strategic move to better serve our key theme park customers.
globenewswire.com
- 4 months ago
SRM Entertainment Announces Lock-Up Agreement with Major Shareholder, Reinforcing Commitment to Long-Term Growth and Shareholder Value
Winter Park, FL, Feb. 14, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), today announced a lock-up agreement with a major shareholder, Safety Shot, Inc., encompassing 2,347,142 shares of the Company's common stock. This represents approximately 13.7% of SRM Entertainment's outstanding shares. This agreement, effective as of February 10, 2025, restricts the shareholder from selling these shares until January 1, 2026, demonstrating a strong commitment to the Company's long-term vision and stability.
globenewswire.com
- 4 months ago
SRM Entertainment to Showcase Proprietary Product Line at Toy Fest Vegas 2025, Expanding Beyond Traditional Theme Park Offerings
Winter Park, FL, Feb. 13, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), a leading designer, developer, and manufacturer of custom merchandise, including toys and souvenirs, announced today that SRM will showcase its creative product line at Toy Fest Vegas, beginning Monday, February 17, 2025. Visit SRM Entertainment: R-Biz Showroom # C-972 Las Vegas Market This strategic move emphasizes SRM's focus on developing high-margin products for 2025, independent of its traditional theme park offerings.
globenewswire.com
- 4 months ago
SRM Entertainment's Growth Trajectory Continues with New Product Launch and Significant Reorder
Jupiter, FL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), a leading provider of licensed merchandise and souvenirs, today announced a significant reorder of its popular Sip With Me cups from a premier marine life theme park in Abu Dhabi and the development of exclusive products for a groundbreaking year-round horror attraction in Las Vegas. These developments underscore SRM's growth and strategic expansion into new markets and product categories.
globenewswire.com
- 6 months ago
8. Profile
Summary
SRM Entertainment, Inc. SRM
COUNTRY
US
INDUSTRY
Leisure
MARKET CAP
$ 141 M
Dividend Yield
0.00%
Description
SRM Entertainment, Inc. designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.
Contact
1061 East Indiantown Road, Jupiter, FL, 33477
https://www.srmentertainment.com
IPO
Date
Aug. 15, 2023
Employees
7
Officers
Mr. Richard A. Miller
Chief Executive Officer & Director
Mr. Taft Flittner
President
Mr. Douglas O. McKinnon
Chief Financial Officer & Director
Ms. Deborah McDaniel-Hand
Vice President of Product Development & Operations