PublicSquare Q2 revenue $6.0M, up 73% QoQ; signs $10M convertible note for payments

PSQ Holdings, Inc.

2024-Q2 EPS reported -$0.80 revenue$9,451,117

Net revenue $6.0M, up 73% QoQ and 1,030% YoY; gross margin expanded to 67% from 43%.
Signed $10M convertible note to fund payments business; $200M+ annualized GMV under contract.
Lock-up extended 12 months for CEO Seifert, CFO Searle, and investor Trump Jr.
Promotions: Dusty Wunderlich to CSO, Mike Hebert to COO, Randy Carlson to CTO.
Outlook: payments platform launch; sunset Credova brand; EveryLife soaps/lotions Q3 2024.

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