1847 Holdings Q3 revenue up 29.8% to $18.8M, gross profit up 64.9%; net loss $5.86M but narrowed excluding interest

1847 Holdings LLC

2023-Q3 EPS reported -$14.01 revenue$53,572,198

Revenue $18.8M (+29.8% YoY); gross profit $8.0M (+64.9% YoY).
Net loss from continuing ops $5.86M; excluding $5.07M interest, loss would be $0.60M.
Construction segment revenue $11.2M (+11.8% YoY); automotive supplies down 40.7% to $883k.
CEO expects >50% revenue growth in 2023; exploring spinoffs or privatization.
Completed $15M revolver refinancing for ICU Eyewear; restructured notes to non-dilutive debt.

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