Exhibit 99.1 Stran & Company Reports 28.7% Increase in Sales and Achieves Profitability for the 2023 Fiscal Year Benefitting from Increased Operating Ef iciency and Economies of Scale, Evidenced by 156% Year-Over-Year Increase in Operating Income for the Fourth Quarter of 2023 Andy Shape, President and CEO of Stran, commented, "We made meaningful progress throughout 2023, resulting in record sales of approximately $75.9 million, a 28.7% increase over the prior year. Additionally, our gross profit increased ...

Stran & Company, Inc. (NASDAQ:SWAG) Q3 2023 Results Conference Call November 6, 2023 10:00 AM ET Company Participants Alexandra Schilt - VP, Crescendo Communications Andy Shape - CEO David Browner - CFO Conference Call Participants Operator Greetings, and welcome to the Stran & Company Third Quarter 2023 Earnings Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Alexandra Schilt, Vice President of Crescendo Communications, the fir ...

Financial Performance - Sales increased 42.2% year-over-year to approximately $19.3 million for Q3 2023, compared to $13.6 million for Q3 2022[134] - Gross profit rose 50.0% to approximately $6.4 million, representing 33.0% of sales for Q3 2023, compared to 31.3% for Q3 2022[137] - Net earnings for Q3 2023 were approximately $684,609, compared to a net loss of $688,152 for Q3 2022[130] - Recurring organic sales increased 29.5%, or approximately $3.5 million, to approximately $15.4 million for Q3 2023[135] - Sales increased by 29.3% to approximately $52.5 million for the nine months ended September 30, 2023, compared to $40.6 million for the same period in 2022, with acquisitions contributing approximately $9.4 million, or 17.9% of total sales[146] - Gross profit for the nine months ended September 30, 2023, increased by 43.8% to approximately $16.1 million, representing 30.7% of sales, compared to $11.2 million, or 27.6% of sales, for the same period in 2022[149] - The net loss for the nine months ended September 30, 2023, was approximately $0.8 million, an improvement from a net loss of approximately $1.7 million for the same period in 2022, attributed to increased sales and acquisitions[157] Expenses and Costs - Cost of sales increased 38.6% to approximately $12.9 million for Q3 2023, with cost of purchases rising to approximately $11.6 million[136] - Operating expenses increased to approximately $5.9 million for Q3 2023, up from $4.9 million in Q3 2022[130] - Operating expenses for the nine months ended September 30, 2023, rose by 39.7% to approximately $18.4 million, accounting for 35.0% of sales, up from 32.4% in the same period in 2022[150] - The total cost of sales increased by 23.8% to approximately $36.4 million for the nine months ended September 30, 2023, with cost of purchases rising to approximately $32.4 million, or 25.5%[148] Assets and Equity - Total assets as of September 30, 2023, were approximately $61.3 million, with total stockholders' equity of approximately $38.6 million[125] - As of September 30, 2023, the company had cash and cash equivalents of approximately $9.4 million and investments of approximately $10.3 million[158] Acquisitions - The acquisition of assets from G.A.P. Promotions, Trend Brand Solutions, Premier NYC, and T R Miller contributed approximately $3.9 million, or 20.4% of sales, for Q3 2023[134] - The total purchase price for the Wildman Imprints acquisition was $2,937,222, with the fair value of identifiable assets acquired including inventory of $649,433 and an intangible customer list valued at $2,253,690[181] - The G.A.P. Promotions acquisition had an aggregate purchase price of $3,245,872, with cash payments of $1,510,872 and a contingent earn-out liability of $1,635,000[188] - The Trend Brand Solutions acquisition totaled $2,193,166, with cash consideration of $1,488 and a contingent earn-out liability of $1,370,344[193] - The Premier NYC acquisition had an aggregate purchase price of $1,390,533, including cash payments of $440,025 and a contingent earn-out liability of $907,600[198] - The T R Miller acquisition involved a cash payment of $2,154,230.21, reflecting a purchase price of $1,000,000 adjusted by a $1,123,071.82 working capital adjustment[202] Financing and Credit - The company entered into a Revolving Demand Line of Credit Loan Agreement for aggregate loans of up to $7 million, secured by a first priority security interest in all assets[168] - The Line of Credit is subject to interest at the prime rate plus 0.5% per annum, with monthly interest repayments required[170] - The company must maintain a minimum net worth of $3.5 million by December 31, 2023, as part of the financial requirements under the Line of Credit[175] - The company may not incur additional indebtedness or make significant investments without the prior consent of the lender[176] Stock and Share Repurchase - The company has repurchased a total of 1,797,159 shares of common stock for total payments of $3,356,711, with $6,643,289 remaining available under the stock repurchase program[167] - The Company has established a trading plan for stock repurchases that may continue until June 2024 unless terminated earlier or extended[165] Other Financial Information - Other income rose to $242,009 for the three months ended September 30, 2023, compared to $20,471 for the same period in 2022, primarily due to adjustments related to earn-out obligations from acquisitions[140] - Other income for the nine months ended September 30, 2023, was $313,738, compared to $92,124 for the same period in 2022, largely due to adjustments related to earn-out obligations[151] - The effective tax rate is expected to remain similar to the federal tax rate of 21%, influenced by the relative proportions of revenue and income before taxes in various jurisdictions[142] - Net cash used in operating activities for the nine months ended September 30, 2023, was approximately $3.4 million, a decrease from approximately $6.5 million for the same period in 2022[161] - Net cash used in investing activities was approximately $1.8 million for the nine months ended September 30, 2023, compared to approximately $10.7 million for the same period in 2022[162] - Net cash used in financing activities was approximately $0.6 million for the nine months ended September 30, 2023, down from approximately $2.7 million for the same period in 2022[163] Accounting Policies - The Company recognizes revenue when goods or services are transferred to customers, following a five-step process as per ASC Topic 606[221] - The Company accounts for stock-based compensation under ASC Topic 718, which requires subjective assumptions that could significantly affect future expenses[223][224] - The Company evaluates its deferred tax assets based on the likelihood of recovery from future taxable income, with significant changes potentially impacting tax provisions[226][227] - The Company manages its investments, which include U.S. treasury bills and corporate bonds, recording them at fair value[217] - The Company has critical accounting policies related to investments, inventory valuation, intangible assets, revenue recognition, and stock-based compensation that could significantly impact financial statements[216]

Financial Data and Key Metrics Changes - Revenue increased by 18% to approximately $17.5 million for Q2 2023, compared to $14.8 million for Q2 2022 [20][31] - Organic revenue grew by 11% in Q2 2023, with gross profit increasing by 35% to $5.1 million, improving gross profit margin to 29.1% from 25.4% year-over-year [20][24] - Net loss for Q2 2023 was approximately $800,000, compared to a net loss of approximately $400,000 for Q2 2022 [24] Business Line Data and Key Metrics Changes - The company completed four acquisitions in the last 18 months, which have historically generated over $30 million in revenue [30][35] - The integration of TR Miller is expected to yield significant revenue, despite the current integration costs impacting short-term profitability [21][30] Market Data and Key Metrics Changes - The promotional products industry is experiencing a shift towards larger orders from customers, indicating a trend of targeted marketing initiatives rather than mass orders [13][52] - The company reported strong contract momentum and over $15 million in open bookings, supporting expectations for continued growth in Q3 and Q4 2023 [33][52] Company Strategy and Development Direction - The company is focused on building long-term value through strategic acquisitions and enhancing its market presence within the $25 billion promotional products industry [28][45] - Cost-saving initiatives have been implemented, including reducing nonessential staff and limiting advertising spend, while maintaining a solid balance sheet with $25.5 million in cash and investments [6][48] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of seasonality on business, with expectations for stronger performance in the second half of the year due to holiday-related orders [10][49] - Despite reporting a loss, management views current expenses as temporary investments necessary for long-term growth and profitability [30][51] Other Important Information - The company has a buyback program in place, with up to $10 million approved for buybacks, balancing cash preservation with stock repurchase [39][53] - Management emphasized the importance of integrating acquisitions to achieve cost savings and enhance profitability [45][48] Q&A Session Summary Question: How does seasonality affect your business? - Management noted that seasonality impacts business, with the first two quarters typically being slower [49] Question: Can you cite specific costs contributing to the quarter's loss? - The largest cost driver was related to acquisitions, including due diligence and integration expenses, along with investments in technology [34][35][36] Question: What are you seeing for your customers' marketing budgets? - Management expressed confidence in strong Q3 and Q4 performance due to significant bookings and holiday-related orders [52] Question: Where do you stand on buybacks? - The company has historically spent about $3 million on buybacks and has approved up to $10 million, balancing cash preservation with stock repurchase [39][53]

Financial Performance - Sales increased by 18.0% year-over-year to approximately $17.5 million for the three months ended June 30, 2023, compared to approximately $14.8 million for the same period in 2022[129]. - Gross profit increased by 35.0% to approximately $5.1 million, representing 29.1% of revenue for the three months ended June 30, 2023, compared to 25.4% for the same period in 2022[132]. - The company reported a net loss of approximately $838,330 for the three months ended June 30, 2023, compared to a net loss of approximately $447,443 for the same period in 2022[127]. - Sales increased by 22.8% to approximately $33.2 million for the six months ended June 30, 2023, from approximately $27.1 million for the same period in 2022[144]. - Gross profit increased by 40.0% to approximately $9.8 million, or 29.4% of revenue, for the six months ended June 30, 2023, compared to approximately $7.0 million, or 25.8% of revenue, for the same period in 2022[147]. - Net loss for the six months ended June 30, 2023, was approximately $1.5 million, compared to a net loss of approximately $1.0 million for the same period in 2022[154]. Revenue Composition - Program clients accounted for 81.6% of total revenue for the three months ended June 30, 2023, compared to 86.9% for the same period in 2022[120]. - Recurring organic sales increased by 11.1%, or approximately $1.4 million, to approximately $14.4 million for the three months ended June 30, 2023[130]. - Recurring organic sales increased by 13.9%, or approximately $3.4 million, to approximately $27.8 million for the six months ended June 30, 2023, compared to approximately $24.4 million for the same period in 2022[145]. Expenses - Cost of sales increased by 12.2% to approximately $12.4 million for the three months ended June 30, 2023, from approximately $11.0 million for the same period in 2022[131]. - General and administrative expenses rose to approximately $6.4 million for the three months ended June 30, 2023, compared to approximately $4.2 million for the same period in 2022[127]. - Operating expenses increased by 50.1%, or approximately $2.1 million, to approximately $6.4 million for the three months ended June 30, 2023, compared to $4.2 million for the same period in 2022[133]. - Operating expenses for the six months ended June 30, 2023, increased by 50.6%, or approximately $4.2 million, to approximately $12.4 million from approximately $8.3 million for the same period in 2022[148]. Assets and Equity - Total assets as of June 30, 2023, were approximately $63.1 million, with total stockholders' equity of approximately $38.0 million[122]. - As of June 30, 2023, the company had cash and cash equivalents of approximately $15.3 million and investments of approximately $10.3 million[156]. Cash Flow - Net cash provided by operating activities was approximately $2.3 million for the six months ended June 30, 2023, compared to a net cash used of approximately $2.2 million for the same period in 2022[159]. - Net cash used in investing activities was approximately $1.7 million for the six months ended June 30, 2023, compared to approximately $0.7 million for the same period in 2022[160]. - Net cash used in financing activities was approximately $0.6 million for the six months ended June 30, 2023, down from approximately $1.1 million for the same period in 2022[161]. Acquisitions - The company completed acquisitions contributing approximately $3.1 million, or 17.8% of sales, for the second quarter of 2023[121]. - The company acquired Wildman Imprints for a total purchase price of $2,937,222, which includes $649,433 in inventory, $34,099 in property and equipment, and $2,253,690 for the customer list[180]. - The G.A.P. Promotions acquisition had an aggregate purchase price of $3,245,872, with $91,096 in inventory, $879,486 in working capital, and $2,275,290 for the customer list[185]. - The Trend Brand Solutions acquisition totaled $2,193,166, including $63,624 in cash, $346,822 in accounts receivable, and $1,659,831 for the customer list[192]. - The Premier NYC acquisition had an aggregate purchase price of $1,390,533, with $13,855 in cash and $1,032,600 in contingent earn-out liability[197]. - The T R Miller acquisition involved a total cash payment of $2,154,230.21, with a purchase price of $1,000,000 adjusted by a $1,123,071.82 working capital adjustment[199]. Financing and Credit - The company entered into a Revolving Demand Line of Credit Loan Agreement for aggregate loans of up to $7 million, secured by a first priority security interest in all assets[165]. - The Line of Credit is subject to interest at the prime rate plus 0.5% per annum, with monthly interest repayments required[167]. - The company must maintain a minimum net worth of $3.5 million by December 31, 2023, as part of the financial requirements under the Line of Credit[172]. - The company has not drawn any funds from the Line of Credit as of June 30, 2023[177]. Future Outlook - The company expects to continue leveraging technology and expanding product offerings to enhance competitive positioning in the market[127]. - The company may require additional cash resources in the future due to changing business conditions or strategic expansions[157]. Tax and Compliance - The effective tax rate is expected to remain similar to the federal tax rate of 21%, with state income taxes fluctuating based on annual sales apportionment[152]. - The company evaluates its uncertain tax positions quarterly, which may affect its tax provision[224]. - The company has no off-balance sheet arrangements that could affect its financial condition[211]. Lease Obligations - Future minimum lease payments total $1,523,396 from 2024 to 2028, with the highest payment of $501,393 in 2024[208]. - The company anticipates no deficiencies in its ability to meet future lease payment obligations[208]. Revenue Recognition - The company recognizes revenue when goods or services are transferred to customers, following ASC Topic 606[218]. - Stock-based compensation is recorded under ASC Topic 718, with estimates based on historical data and expected volatility[220].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41038 STRAN & COMPANY, INC. (Exact name of registrant as specified in its charter) Nevada 04-329720 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 STRAN & COMPANY, INC. (Exact name of registrant as specified in its charter) | Nevada | 04-3297200 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | | 2 Heritage Drive, Suite 600, Quincy, MA | 02171 | | (Address of principal executive offices) | (Zip Cod ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41038 STRAN & COMPANY, INC. (Exact name of registrant as specified in its charter) Nevada 04-32 ...

Stran & Company, Inc. (STRN) Q3 2022 Earnings Conference Call November 14, 2022 10:00 AM ET Company Participants Aly Schilt - IR, Crescendo Communications Andy Shape - Co-Founder, President & CEO David Browner - Interim Chief Financial Officer Conference Call Participants Edward Reilly - EF Hutton Operator Good day, ladies and gentlemen, and welcome to the Stran & Company Third Quarter 2022 Earnings Call. At this time, all participants have been placed on a listen-only-mode. [Operator Instructions] It is no ...

Stran & Company, Inc. (STRN) Q2 2022 Earnings Conference Call August 15, 2022 10:00 AM ET Company Participants Andy Shape - Co-Founder, President & CEO David Browner - Interim Chief Financial Officer Conference Call Participants Edward Reilly - EF Hutton Operator Good morning, ladies and gentlemen. And welcome to the Stran & Company Second Quarter 2022 Earnings Call. At this time, all participants have been placed on a listen-only mode. And the floor will be opened for questions and comments after the prese ...