---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-008795"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2023-11-24T23:59:59+00:00"
generated_at: "2026-06-07T21:54:51.631854+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Upexi Q1 revenue up 144% YoY to $27.3M; net loss narrows to $1.35M

## Summary
- Revenue $27.3M, +144% YoY, +53.5% sequentially; gross profit $8.7M (+49.7% YoY).
- Net loss attributable to shareholders $1.35M ($0.07/share) vs $2.6M loss prior year.
- Adjusted EBITDA $750K vs loss of $525K YoY, a $1.28M improvement.
- Tytan Tiles launched Disney Frozen product on Amazon; run rate 115 units/day; rank improved from 20,000 to 4,000.
- Cash $417K; line of credit availability $6.2M; shareholder equity $27.5M as of Sep 30, 2023.

## SEC filing metadata
- accession: 0001477932-23-008795
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2023-11-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793223008795/0001477932-23-008795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793223008795/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-008795
- JSON: https://secwatch.observer/filing/0001477932-23-008795.json
- Plain text: https://secwatch.observer/filing/0001477932-23-008795.txt

## Key facts
- Earnings Releases
  UPEXI, INC. reported fiscal first quarter 2024 ending September 30, 2023 results: revenue $27.3 million, net income Net loss attributable to Upexi, Inc. shareholders was $1.35 million, EPS $0.07 per basic and diluted share.
  - Period: fiscal first quarter 2024 ending September 30, 2023
  - Revenue: $27.3 million
  - Net income: Net loss attributable to Upexi, Inc. shareholders was $1.35 million
  - EPS: $0.07 per basic and diluted share
  - Result: reported results
  source text: --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 upxi_ex991.htm PRESS RELEASE upxi_ex991.htm EXHIBIT 99.1 Upexi Revenue Increases 144% Year-Over-Year and 53.5% Sequentially to $27.3 Million for Fiscal First Quarter 2024 TAMPA, FL, November 20, 2023 (ACCESSWIRE) – Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a multi-faceted Amazon and Direct to Consumer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1775194/000147793223008795/0001477932-23-008795-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.