SRM Entertainment, Inc.

SRM Entertainment, Inc.

SRM
SRM Entertainment, Inc.US flagNASDAQ Capital Market
10.30
USD
+3.58
- -
183.69MMarket Cap
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
3.57
0.75
0.37
0.26
Basic EPS, GAAP
0.19
-0.27
-0.37
-0.08
Free Cash Flow per Basic Share
-0.02
-0.11
-0.27
-0.09
Dividend per Share
- -
- -
- -
- -
Book Value per Share
0.41
-0.18
-0.49
-0.3
Tangible Book Value per Share
- -
0.54
0.21
6.61
Basic Weighted Avg Shares
2
8
12
16
Sales/Revenue/Turnover
6
6
4
4
Operating Margin (%)
5.89
-35.36
-100.54
-82.39
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
-2
-4
-1
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
5.41
-35.65
-100.65
-30.43
Working Capital
1
4
2
7
LT Debt
1
- -
- -
- -
Total Equity
- -
4
5
111
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
28.91
Return on Common Equity (%)
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
17
27
Market Capitalization
6
5
128

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3
3
7
Cash, Cash Equivalents & STI
1
1
5
Accounts Receivable, Net
1
1
1
Inventories
1
1
1
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
28.29%
Free Cash Flow
- -
- -
286.54%
Net Income, GAAP
- -
- -
111.28%
Sales/Revenue/Turnover
- -
- -
-25.16%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1
2
1
1
6
2024
1
2
1
1
4
2025
1
1
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.02
0.02
-0.19
- -
-0.27
2024
-0.17
-0.05
-0.11
- -
-0.37
2025
-0.04
0.07
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Richard A. Miller
Full Time Employees
7
Sector
Consumer Cyclical
Industry
Leisure
Address
1061 East Indiantown Road Jupiter FL United States of America 33477
IPO Date
Aug 15, 2023
Business
TRON Inc. (Nasdaq: TRON), formerly SRM Entertainment, Inc., operates as a blockchain-integrated treasury strategy company holding the largest publicly traded position in TRON (TRX) tokens while designing, developing, and manufacturing custom toys, souvenirs, and merchandise through its wholly owned subsidiary for the world's largest theme parks and entertainment venues; products include collectible figures, plush toys, action figures, interactive playsets, light-up accessories such as interactive light sticks and light-up bracelets, apparel, home décor, Sip With Me collectible cups, Smurfs Sip With Me cups, plush backpack clips, and licensed items based on franchises like The Smurfs, ICEE, Zoonicorn, Harry Potter, and Star Wars. The company distributes its offerings worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, SeaWorld, Six Flags, zoos, aquariums, retail chains, holiday attractions, and live events, with operations spanning the United States, China, Japan, and other international markets. Founded in 1979 and headquartered in Winter Park, Florida, TRON Inc. maintains licensing relationships with major brands and employs a nimble, low-fixed-cost production model to balance pop culture trends with timeless content. In a major strategic shift, the company rebranded from SRM Entertainment, Inc. to TRON Inc. in July 2025, adopting the TRON ticker symbol effective July 17, 2025, following a reverse merger and $100 million-plus investment in TRX tokens via a PIPE offering, with Justin Sun joining as an advisor; it launched a TRON treasury strategy, staked over 365 million TRX tokens, acquired film assets like "The Kid" (2019) through a partnership with Suretone Pictures to build a media library, established SRM Media division, rang the Nasdaq bell in July 2025, and reported Q3 2025 net income of $12.2 million with $239 million in shareholders' equity driven by digital asset gains.

Company News

APIChat
  • How Is Kratos Defense Benefiting From Surging SRM Demand?

  • SRM Rebrands to Tron Inc. and Adopts TRON as its New Ticker Symbol

  • SRM Completes $100,000,000 TRON Treasury Launch

  • Dominari Securities Serves as Exclusive Placement Agent to SRM Entertainment on a $100 Million Equity Investment

  • SRM Launches TRON Treasury Strategy with $100,000,000 Equity Investment

  • SRM Entertainment Announces Closing of $5 Million Private Placement

  • SRM Entertainment Awarded Three New Global Theme Park Toy Programs Based on Iconic Movie Franchise

  • SRM Entertainment Receives Six-Month Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement

  • SRM Entertainment's Provides Update on Trade Related Market Conditions

  • SRM Entertainment Features Innovative Products and Collectibles at Toy Fair NYC 2025

  • SRM Entertainment Underscores Commitment to Growth and Shareholder Value

  • SRM Entertainment Announces Lock-Up Agreement with Major Shareholder, Reinforcing Commitment to Long-Term Growth and Shareholder Value

  • SRM Entertainment to Showcase Proprietary Product Line at Toy Fest Vegas 2025, Expanding Beyond Traditional Theme Park Offerings

  • SRM Entertainment's Growth Trajectory Continues with New Product Launch and Significant Reorder

  • SRM Entertainment, Inc. Announces Pricing of $1.7 Million Registered Direct Offering

  • SRM Entertainment's Amazon Sales Surge Over 400% in Three Months, Fueling Strong Financial Performance

  • SRM Entertainment Secures Large Order from One of Orlando's Biggest Theme Parks for Misting Fans

  • SRM Entertainment Launches New Media Division In Expansion Of Suretone Pictures Partnership

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

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