earnings
confidence high
sentiment positive
materiality 0.60
Upexi reports record Q2-to-date net revenue of $17M; on track for $100M FY2023 revenue
UPEXI, INC.
- Net revenue approx. $17M for two months ended Nov 30, 2022; gross revenue $19M.
- Strong demand across health, wellness, pets, toys, discount electronics; Tytan Tiles and E-Core acquisition drove growth.
- CEO says on pace for best quarter; diverse brands navigate volatile consumer trends.
- Pipeline of new products and acquisitions positions company to achieve $100M revenue projected for 2023.