1847 Reports 10.7% Increase in Revenue to $15.7 Million for the Year Ended 2024 [Yahoo! Finance]
1847 Holdings LLC (EFSH)
NASDAQ:AMEX Investor Relations:
1847holdings.com/investor-faq
Company Research
Source: Yahoo! Finance
the "Company") (NYSE American:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update and reported financial results for the year-ended December 31, 2024. Key Financial Highlights from Continuing Operations Total Revenue was $15.7M for the year-ended December 31, 2024 compared to $14.2M for the year-ended December 31, 2023, a 10.7% year-over-year increase Gross profit was $7.8M for the year-ended December 31, 2024 compared to $6.6M for the year-ended December 31, 2023, an 18.6% year-over-year increase Gross margin increased 330 basis points to 49.5% for the year-ended December 31, 2024, compared to 46.2% for the same period last year 2024 Operational Achievements and Subsequent Events Exploring strategic alternatives for CMD Inc. ("CMD") due to significant inbound interest from both strategic and financial sponsors Reported CMD Inc. strong revenue growth and profit
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