secwatch.observer — SEC 8-K summary
======================================

Issuer:     Starco Brands, Inc. (STCB)
CIK:        0001539850
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001493152-23-024061
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starco Brands guides FY23 revenue $66-77M, adjusted EBITDA $7-9M
----------------------------------------------------------------

- FY23 net revenue guidance $66-77M vs FY22 $7.8M, +746-887% YoY.
- FY23 adj. EBITDA guidance $7-9M vs FY22 $2.7M, +159-233% YoY.
- Acquired Soylent in Q1 2023 and Art of Sport & Skylar in Q4 2022.
- Whipshots sold over 2M cans; won SIP Awards; partnered with AMC theatres.
- Headcount reduction saves $1.2M/yr; price increases add $2M annual revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539850/000149315223024061/0001493152-23-024061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539850/000149315223024061/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-024061

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