Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue74¢$32.0M
- Research and development1¢$300.0K
- Selling, general and admin23¢$10.0M
- Interest1¢$256.0K
- Income tax1¢$477.0K
Out of $42.6M in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2023
- Kept or used elsewhere100¢$1.7M
Out of $1.7M of cash from operations.4
Financial statements
| Fiscal year | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue | $39.0M4 | $42.6M4 | |
| Cost of revenue | $29.5M4 | $32.0M4 | |
| Gross profit | $9.5M4 | $10.6M4 | |
| Research and development | $300.0K4 | $300.0K4 | |
| Selling, general and admin | $7.1M4 | $10.0M4 | |
| Operating income | $2.4M4 | $610.0K4 | |
| Interest | $134.0K4 | $256.0K4 | |
| Income before tax | $2.8M4 | $3.4M4 | |
| Income tax | $535.0K4 | $477.0K4 | |
| Net income | $1.7M4 | -$1.9M4 | |
| Earnings per share | $0.284 | -$0.284 | |
| Earnings per share (diluted) | $0.284 | -$0.274 | |
| Shares (weighted, basic) | 6.0M shares4 | 6.9M shares4 | |
| Shares (weighted, diluted) | 6.0M shares4 | 7.0M shares4 |
| Fiscal year | 2021 | 2022 | 2023 |
|---|---|---|---|
| Cash | $4.5M4 | $3.6M4 | $5.5M4 |
| Receivables | $6.1M4 | $6.5M4 | |
| Inventory | $3.4M4 | $4.1M4 | |
| Current assets | $19.2M4 | $18.0M4 | |
| Property, plant and equipment | $4.6M4 | $1.6M4 | |
| Goodwill | $882.0K4 | $903.0K4 | |
| Total assets | $25.5M4 | $26.5M4 | |
| Accounts payable | $4.1M4 | $3.5M4 | |
| Short-term debt | $36.0K4 | $270.0K4 | |
| Current liabilities | $14.9M4 | $12.9M4 | |
| Long-term debt | $126.0K4 | $301.0K4 | |
| Total liabilities | $16.3M4 | $18.7M4 | |
| Retained earnings | -$2.7M4 | ||
| Shareholders’ equity | $8.8M4 | $9.2M4 | $7.8M4 |
| Shares outstanding |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Compare Strong Global Entertainment, Inc. with another company
Corporate structure
Strong Global Entertainment, Inc. sits at the top of its group. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Strong Global Entertainment, Inc.
- Strong/MDI Screen Systems, Inc. Filed SC 13D on Strong Global Entertainment, Inc., latest Jun 1, 2023
- Strong Global Entertainment, Inc. Mooresville, North Carolina
- Safehaven 2022, Inc. Subsidiary · Delaware, United States
- Strong Technical Services, Inc. Subsidiary · Nebraska, United States
- Strong/MDI Screen Systems, Inc. Subsidiary · British Columbia, Canada
- Unbounded Media Corporation Subsidiary · Delaware, United States
- Unbounded Services LLC Subsidiary · Delaware, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Strong Global Entertainment, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $6.4M4 Dec 31, 2023 | $12.3M4 Dec 31, 2022 | −47.6% |
| Accumulated depreciation | $4.8M4 Dec 31, 2023 | $7.7M4 Dec 31, 2022 | −36.9% |
| Property and equipment, net | $1.6M4 Dec 31, 2023 | $4.6M4 Dec 31, 2022 | −65.4% |
| Finance-lease assets | $1.2M4 Dec 31, 2023 | $606.0K4 Dec 31, 2022 | +98.2% |
| Operating-lease assets (leased space) | $4.8M4 Dec 31, 2023 | $237.0K4 Dec 31, 2022 | +1922.4% |
Investments
Intangibles and goodwill
Inventory
Leadership
Who has led Strong Global Entertainment, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
- Chief executive officerMark Daniel Roberson May 16, 2023 to Oct 2, 20247
- ChairKyle Cerminara May 19, 2023 to May 19, 20238
- PresidentRay Boegner May 16, 2023 to May 23, 20239
- Chief financial officerTodd Robert Major May 16, 2023 to Oct 2, 202410
Board members and other officers (5)
- Board memberJohn W. Struble May 16, 2023 to Oct 2, 202411
- Board memberKyle Cerminara May 16, 2023 to Oct 2, 202412
- Board memberMark Daniel Roberson May 16, 2023 to Oct 2, 20247
- Board memberMarsha G. King May 16, 2023 to Oct 2, 202413
- Board memberRichard Edward Govignon Jr. May 16, 2023 to Oct 2, 202414
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Safehaven 2022, Inc. Delaware3
- Strong Technical Services, Inc. Nebraska3
- Strong/MDI Screen Systems, Inc. British Columbia3
- Unbounded Media Corporation Delaware3
- Unbounded Services LLC Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Strong Global Entertainment, IncNov 12, 2021 to May 15, 20232
Timeline
- Oct 2, 20248-K Completed an acquisition or sale; Listing notice or transfer; Regulation FD disclosure15
- Sep 19, 20248-K Shareholder vote16
- Aug 14, 20248-K Results of operations; Regulation FD disclosure17
- Jul 22, 20248-K Regulation FD disclosure18
- Jun 4, 20248-K Entered a material agreement; Regulation FD disclosure19
- May 14, 20248-K Results of operations; Regulation FD disclosure20
- May 7, 20248-K Entered a material agreement; Regulation FD disclosure21
- Mar 29, 20248-K Results of operations; Regulation FD disclosure22
- Jan 23, 20248-K Entered a material agreement; New debt or obligation23
- Jan 5, 20248-K Exit or restructuring costs24
- Nov 13, 20238-K Results of operations; Regulation FD disclosure25
- Nov 7, 20238-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares26
- May 16, 2023New chief executive Mark Daniel Roberson becomes CEO7
Calendar
When it reported results
- Aug 14, 2024Reported quarterly or annual results17
- May 14, 2024Reported quarterly or annual results20
- Mar 29, 2024Reported quarterly or annual results22
- Nov 13, 2023Reported quarterly or annual results25
- Aug 10, 2023Reported quarterly or annual results27
- May 24, 2023Reported quarterly or annual results28
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
99 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 18 major events, 28 insider forms, 1 large holders, 45 other. The latest 20:
- Oct 15, 2024EFFECT EDGAR
- Oct 15, 2024EFFECT EDGAR
- Oct 11, 202415-12G EDGAR
- Oct 10, 2024POS AM EDGAR
- Oct 10, 2024POS AM EDGAR
- Oct 2, 20244 EDGAR
- Oct 2, 20244 EDGAR
- Oct 2, 20244 EDGAR
- Oct 2, 20244 EDGAR
- Oct 2, 20244 EDGAR
- Oct 2, 20244 EDGAR
- Oct 2, 20248-K EDGAR
- Sep 19, 20248-K EDGAR
- Aug 14, 202410-Q EDGAR
- Aug 14, 20248-K EDGAR
- Aug 13, 2024DEFM14A EDGAR
- Jul 22, 20248-K EDGAR
- Jun 4, 20248-K EDGAR
- May 21, 20244 EDGAR
- May 21, 20244 EDGAR
The 99 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 11, 2023 | Roberson Mark D.Chief Executive Officer | Buy | 500 | $1.43 | $715 | Form 4 |
| Dec 8, 2023 | Roberson Mark D.Chief Executive Officer | Buy | 800 | $1.41 | $1.1K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Strong/MDI Screen Systems, Inc.SC 13D, 1 filing Jun 1, 202329
SEC filer profile
How Strong Global Entertainment, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARStrong Global Entertainment, Inc.1
- CIK0001893448
- Filer status<br>emerging growth company1
- Incorporated inBritish Columbia, Canada1
- Industry code (SIC)3861 Photographic Equipment & Supplies1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address108 Gateway Blvd, Suite 204, Mooresville, NC 281171
- Phone704-994-82791
- Shares outstanding7,918,285 as of Aug 9, 20246
- Public float$3.0M as of Jun 30, 202330
- On EDGAR sinceNov 12, 20211
- Filings100 in all: 4 (18), 8-K (18), S-1/A (10), CORRESP (9), 3 (8), UPLOAD (6), 10-Q (5), EFFECT (3)1
All 25 form types
4/A (2), DRS/A (2), DRSLTR (2), FWP (2), POS AM (2), S-8 (2), 10-K (1), 10-K/A (1), 15-12G (1), 25-NSE (1), 424B5 (1), 8-A12B (1), CERT (1), DEFM14A (1), DRS (1), S-1 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 29, 2024
Quarterly report (10-Q) Aug 14, 2024
Latest 8-K (8-K) Oct 2, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8SEC EDGARKyle Cerminara, Chair
- 9SEC EDGARRay Boegner, President
- 10
- 11SEC EDGARJohn W. Struble, Board member
- 12SEC EDGARKyle Cerminara, Board member
- 13SEC EDGARMarsha G. King, Board member
- 14
- 15
- 16SEC EDGARShareholder vote
- 17
- 18SEC EDGARRegulation FD disclosure
- 19
- 20
- 21
- 22
- 23
- 24SEC EDGARExit or restructuring costs
- 25
- 26
- 27
- 28
- 29
- 30