secwatch.observer — SEC 8-K summary
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Issuer:     UPEXI, INC. (UPXI)
CIK:        0001775194
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0001477932-23-003703
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upexi Q3 revenue $24.2M (+447% YoY); Adj. EBITDA turns positive $671K
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- Revenue of $24.2M for fiscal Q3 2023, up 447% from $4.4M year ago.
- Gross profit $9.6M (+189% YoY); net loss attributable to shareholders $1.6M vs $0.05M loss prior year.
- Adjusted EBITDA positive $671,339 vs a loss of $877,351 in prior-year quarter.
- Cash $1.2M; subsequent $7M common-only financing announced; 18,094,748 shares outstanding as of May 15, 2023.
- Operational highlights: Disney licensing deal for Tytan Tiles, Walmart expansion to 3,900 locations, and LOI to acquire wellness brand with $15M TTM revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775194/000147793223003703/0001477932-23-003703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775194/000147793223003703/upxi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-003703

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