Star Equity Holdings, Inc. (STRR)

From the record

Star Equity Holdings, Inc.'s filings since 2017 show 5 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-03-30); an auditor change (8-K item 4.01, 2 times, the latest 2023-10-04); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2023-03-31) (its current reports).

From the record

Star Equity Holdings, Inc.'s 10 filed years say what it did: revenue went from $778 million in fiscal 2012 to $172 million in fiscal 2025, down 11% a year; it rose in 6 of 9 years; the deepest fall was 92% from fiscal 2012 to fiscal 2017; net income was positive in 4 of 10 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Star Equity Holdings, Inc. lost about 9 cents for every dollar of shareholders' money, and gross profitability: its products earned about 71 cents per dollar of everything the company owns. Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count grew 6.6% over the year (the filed statements).

From the record

Star Equity Holdings, Inc.'s standing among 18 graded names in its industry family: revenue of $172 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of -3.4% ranks in the bottom 42%; revenue growth of -5% a year over the last 3 filed years ranks in the bottom 42% (its annual reports).

From the record

Star Equity Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Eberwein, Jeffrey E. (Chief Executive Officer, as filed), filing under that title since 2018-11-21, 8 years (top 19% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 3 years (bottom 10%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 16%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Star Equity Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $10 million against debt of $15 million leaves -3.8% of its assets as net cash, bottom 38% of its family; cash from operations less capital spending is -5.2% of revenue (bottom 3%); a gross margin of 46.4% (top 3%) (its annual report).

From the record

Star Equity Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5% a year over the last three filed years against -11% over all 10, speeding up (top 8% of its family); the newest year grew 22.9% (top 8%); capital spending grew 50% a year (top 3%) (its annual reports). Star Equity Holdings, Inc. reported 3 lines of business in fiscal 2025: Business Services at $140 million (81%), Building Solutions at $28 million (16%), Energy Services at $5 million (3%); 0 of 1 grew against the year before (its annual report).

From the record

Star Equity Holdings, Inc.'s newest year against its own record: revenue of $172 million in fiscal 2025 came in 47.2% above the $117 million its prior three years' pace pointed to (top 9% of its family); net income of $6 million against a prior three-year average of $2 million (bottom 21%); a net margin of -3.4% against 0.5% before (bottom 44%) (its annual reports).