M&A
confidence high
sentiment neutral
materiality 0.40
Credova 2023 revenue $15.47M, net loss $0.22M; PSQH files acquired entity's audited financials
PSQ Holdings, Inc.
- Credova total revenue fell to $15.47M in 2023 from $17.05M in 2022, a 9% decline.
- Net loss narrowed to $0.22M from $6.78M; operating income of $2.50M vs. $(3.10M) in 2022.
- Loans receivable net dropped to $6.75M at Dec 31, 2023 from $15.06M a year prior.
- Interest expense was $3.04M, down from $4.46M, while stockholders' deficit rose to $5.86M.
- PSQH completed acquisition of Credova in March 2024; these financials are for the years ended Dec 31, 2023 and 2022.