Eightco announces Full-Year 2023 Financial Results
Eightco Holdings Inc. (OCTO)
Company Research
Source: GlobeNewswire
2023 revenues of $75.3 million up 137% year-over-year from $31.8 million, driven by cell phone sales, beating guidance of $73.0 million2023 SG&A excluding Depreciation & Amortization of $5.2 million, down 45% as a result of elimination of costs related to historical business efforts Easton, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”), who’s subsidiaries provide inventory capital for e-commerce sellers as well as manufacturing solutions for product and packaging needs, today announced financial results for the fiscal year ended December 31, 2023. Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC (“Forever 8”), the Company’s largest subsidiary, said “Our full-year consolidated revenue improvement was driven by revenue growth in our cell phone business. We continue to improve all aspects of our cost structure and focus on our highest growth priorities to deliver long-term, profitable growth. Further, in t
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OCTO
News
- Eightco Announces Product Expansion in Forever 8’s Apple Products BusinessGlobeNewswire
- Eightco announces Paul Vassilakos as Executive Chairman and Chief Executive Officer and Certain Balance Sheet ImprovementsGlobeNewswire
- Eightco announces early repayment of debt, private placement and certain changes at the parent company levelGlobeNewswire
OCTO
Sec Filings
- 4/25/24 - Form 424B5
- 4/25/24 - Form 8-K
- 4/19/24 - Form EFFECT
- OCTO's page on the SEC website