SATANasdaqFinance ServicesUS GAAP · USD

Strive, Inc.

Strive, Inc. is a U.S.-based finance and digital media company that operates subscription-based Discord communities, social media marketing services, and Discord server development offerings. Its business centers on monetized online communities, creator-led education and entertainment content, and services that help individuals and businesses build, manage, and grow Discord servers.

Revenue3.7m USD
+1,217.5 %y/y
Operating profit (EBIT)-22.7m USD
−359.4 %y/y
EBIT margin-620.7%
+1,159.3 ppy/y
Net income-21.6m USD
−337.6 %y/y
Free cash flow-4.9m USD
−28.9 %y/y

Fiscal year 2024 · change from previous year

Development 2021–2024

-30-20-10010m USD2021: 0.83 m USD2021: EBIT 0.01 m USD20212022: 0.34 m USD2022: EBIT -0.65 m USD20222023: 0.28 m USD2023: EBIT -4.9 m USD20232024: 3.7 m USD2024: EBIT -23 m USD20243.7-23
RevenueOperating profit (EBIT)

Business

Share of revenue
Discord subscription communities45 %

Paid Discord server memberships and community access tied to recurring subscriptions.

Ternary v2 platform services20 %

Subscription management, payment processing, and automation for Discord communities.

Social media and marketing services15 %

Campaign services that help clients grow audiences and drive traffic.

AE.360.DDM services10 %

Discord server design, development, and management services for individuals and organizations.

Other community content and services10 %

Education, entertainment, and related digital offerings across the platform.

Products

Reported · share of revenue
98.4%FY2024100 %
  • Investment Advice98.4 %
  • Other1.6 %

Source: 10-K FY2024, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

The company serves Gen Z retail investors, creators, and influencers who join paid Discord communities for education and entertainment around stocks, real estate, cryptocurrency, and NFTs. It also sells services to business clients that want social media promotion or help building and managing Discord communities. A smaller but important customer base includes individuals and organizations seeking turnkey Discord server setup and ongoing administration.

Gen Z retail investors

They buy subscription access to Discord communities focused on investing education and entertainment.

Creators and influencers

They use community monetization, automation, and server management tools to run paid audiences.

Business clients

They purchase social media and marketing campaign services to expand reach and traffic.

Discord server builders

They buy AE.360.DDM services to create and manage Discord communities.

Strategy

Strive is focused on expanding monetized Discord communities and broadening the services around them, including payment processing, automation, and server management. It also aims to grow client acquisition through social media marketing and to deepen its platform value by bundling education, entertainment, and community infrastructure in one offering.

Increase paying Discord subscribersShort term

Recurring memberships are the core revenue engine and determine monetization scale.

Broaden platform servicesMedium term

More tools and services increase customer stickiness and raise switching costs.

Use influencer-led marketing to acquire usersShort term

The business depends on audience growth and traffic generation across social channels.

Geography

The company is headquartered in the United States and appears to operate primarily through digital channels rather than a large physical footprint. Its customer base is not described as country-specific in the excerpts, so geography is best understood as U.S.-anchored with online reach across wherever Discord users and clients are located. That makes platform dependence and internet distribution more important than local manufacturing or branch presence.

Risks

The business depends heavily on subscriber retention, platform engagement, and the continued popularity of Discord communities, so demand can shift quickly if user behavior changes. It also faces execution risk from competition, pricing pressure, reliance on contractors and technology, and the need to keep payment, automation, and content services functioning reliably.

Sorted by severity
Subscriber churn and engagement declineHigh

Revenue is tied to the number of paying Discord subscribers, so lower engagement directly reduces monetization.

Exposure: Discord communities and subscriptions

Platform dependence on DiscordHigh

The company’s products and communities are built around Discord, so policy or product changes could affect operations.

Exposure: Discord-based service delivery

Competition and pricing pressureMedium

The company must offer competitive pricing and broaden offerings to attract and retain users and clients.

ExposureSubscriptionsMarketing servicesServer management
Dependence on contractors and technologyMedium

Marketing and service delivery rely on social influencer contractors and efficient processes.

ExposureSiN contractorsAutomation toolsPlatform operations

Accounting

Judgemental items
Revenue recognition for subscriptions

Prepaid monthly, quarterly, and annual subscriptions are recognized over the service period, affecting timing and contract liabilities.

Impact: Contract liabilities and deferred revenue

Short-duration service contracts

Marketing and AE.360.DDM contracts are typically completed in less than two weeks or one week, so revenue timing can be lumpy.

Impact: Quarterly revenue comparability

Stock-based compensation

Awards are measured at grant-date fair value and expensed over the service period, affecting operating expenses.

Impact: Compensation expense and equity dilution

Digital assets and derivatives

Unrealized digital asset losses and derivative losses can create significant non-operating volatility.

Impact: Net income and other income/(expense)

Goodwill and intangible impairment

Impairment charges can be large and non-cash, reflecting valuation changes in acquired assets.

Impact: Earnings volatility and balance sheet carrying values

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Strive, Inc. (Nasdaq) – Finance Services | Financial Analysis – Clarifo