secwatch.observer — SEC 8-K summary
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Issuer:     Starco Brands, Inc. (STCB)
CIK:        0001539850
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001493152-23-040916
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starco Brands Q3 revenue $17.7M, net income $2.3M; projects FY23 revenue $66-77M
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- Q3 reported net revenue $17.7M (up from $1.7M in Q3 2022); net income $2.3M vs loss of $150K.
- Gross profit $8.3M, margin 47%; Adjusted EBITDA $1.4M vs loss of $0.6M in prior year.
- Nine-month net revenue $46.3M (up from $3.8M); net loss $5.4M vs income of $33K in 2022.
- Projects FY23 revenue $66-77M (746-887% growth) and Adjusted EBITDA $7-9M (10-12% of revenue).
- Segment nine-month revenues: Starco Brands $11.3M, Skylar $7.4M, Soylent $27.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539850/000149315223040916/0001493152-23-040916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539850/000149315223040916/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040916

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