secwatch.observer — SEC 8-K summary
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Issuer:     UPEXI, INC. (UPXI)
CIK:        0001775194
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001477932-23-001048
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upexi posts record Q2 revenue of $27.1M, up 444% YoY; positive adjusted EBITDA
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- Revenue $27.1M ($4.9M YoY) driven by acquisitions and year-end sales across brands.
- Adjusted EBITDA $119,054 (vs. -$1.3M YoY); net income from continued ops $2.7M (includes $7.6M gain on asset sale).
- Gross profit $10.3M (38% margin); cash $4.5M; shareholder equity $36.9M.
- Tytan Tiles launched in Walmart; eliminated $15M senior secured debt; closed E-Core acquisition; sold CBD assets for $23.5M.
- Calendar 2023 revenue goal $100M; expects EBITDA margins trending to 8%-12% by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775194/000147793223001048/0001477932-23-001048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775194/000147793223001048/upxi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-001048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer