Eightco announces $100M revenue forecast for 2025; improves balance sheet

Eightco Holdings Inc.

Eliminated $5.4M in convertible notes; increased shareholder equity by $23M year-to-date 2024.
Canceled 5,846,627 dilutive shares; gross margin improved to 22% from 12% YoY; SG&A down 23%.
Plans non-dilutive senior debt financing; targets $100M revenue and positive EBITDA in 2025.
Currently ~1.8M shares outstanding; regained NASDAQ compliance.

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