Live Ventures files audited financials of acquired Precision Metal Works; $83M revenue, $1.24M net income

LIVE VENTURES Inc

Precision Metal Works (PMW) acquired 100% on July 20, 2023; audited 2022 financials filed.
PMW 2022 revenue: $82.95M; net income: $1.24M; gross profit: $5.40M.
Total assets of PMW as of Dec 31, 2022: $41.0M; stockholders' equity: $10.36M.
Unaudited pro forma combined financials for Live Ventures & PMW for FY Sep 30, 2022 and 9 months Jun 30, 2023 filed.
PMW's operating income: $2.28M; net cash from operations: $1.84M for 2022.

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