1847 Holdings reports H1 2023 net income of $1.5M, revenue run-rate ~$65M in fireside chat

1847 Holdings LLC

H1 2023 net income $1.5 million; revenue run-rate approximately $65 million.
Recent acquisitions: C.O. Jones (Apr 2022), Charles Hanshaw Agency (Jun 2022), Ideal Electrical Supply Corp (Feb 2023).
CEO says company is undervalued based on fundamentals; portfolio includes GSS, Cal-Pacific, three HVAC firms, and equity investment in The Gentlemen's Dispensary.
Three recent acquisitions expected to contribute revenue growth and EBITDA margin expansion.

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