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Strive Asset Management, LLC

ASSTFinancial ServicesNASDAQ

Asset Management

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Financials · Annual
Revenue
$3.6M
+49.0% YoY
Net Income
-$21.6M
-27.6% YoY
EBITDA
-$22.5M
-25.3% YoY
Free Cash Flow
-$320.7M

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About Strive Asset Management, LLC

Strive Asset Management, LLC is a privately owned investment manager. The company carries a $1.35B market cap, placing it firmly in the small-cap category. It primarily provides its services to investment companies.

Key stats
Market Cap$1.35B
Fwd P/E-38.70
EPS$-0.74
52W Change-87.3%
ROE-125.4%
Analysis

The balance sheet looks solid with $145.6M in cash comfortably exceeding the $13.1M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company is burning cash, with free cash flow at -$320.7M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -125.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $2.4M (2023) to $3.6M (2024), reflecting a 49% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Strive Asset Management, LLC's trajectory.

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