Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
24 June 2021Website:
http://www.upexi.comNext earnings report:
30 October 2024Last dividends:
N/ANext dividends:
N/APrice
pre-market | 0 min agoDividend
Analysts recommendations
Institutional Ownership
UPXI Latest News
TAMPA, FL / ACCESSWIRE / August 5, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today is providing shareholders with an update on its restructuring to reduce debt and increase working capital through the sale of assets. After the closing of several transactions since the nine month period ended, March 31, 2024, the Company has: $16.1 million eliminated in debt and accrued interest $7.4 million in cash to strengthen the balance sheet Approximately $1.5 million eliminated in excess operational costs, without affecting operations Allan Marshall, CEO of Upexi, commented, "The Upexi management team has completed four major steps in the restructuring process.
TAMPA, FL / ACCESSWIRE / June 21, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today is providing shareholders with a update on filing its financial statements for the three and nine months ended March 31, 2024. On June 17, 2024, the Company received a notice from Nasdaq Listing Qualifications that since the Company has not yet filed its Form 10-Q for the period ended March 31, 2024 (the "Filing"), it no longer complies with our Listing Rules (the "Rules") for continued listing.
Consolidation of operations will reduce operating expenses by $2-$3 million annually In process to engage investment bank for strategic alternatives TAMPA, FL / ACCESSWIRE / June 6, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today announced that the strategic initiative to reduce operational and general and administrative expenses through the consolidation and streamlining of operations have been completed. Management expects that these initiatives will reduce overall expense by $2 to $3 million dollars per year, with minimal impact to operations.
Upexi, Inc. (UPXI) Q2 2024 Earnings Call Transcript
TAMPA, FL / ACCESSWIRE / January 4, 2024 / Upexi Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced an invitation to participate at the iAccess Alpha 2024 Buyside Best Ideas Summit hosted virtually on January 9-10, 2024. Upexi's Chief Executive Officer, Allan Marshall, is scheduled to present at 11:00 a.m.
Upexi (Nasdaq Upxi) is a multi-brand company that owns established brands in the health, wellness, pet, beauty, and other growth markets.
Shares of multi-faceted brand owner and integrator Upexi Inc (US:UPXI) are up around 10% over the last few days following the announcement of two acquisitions in as many days.
What type of business is Upexi?
Upexi, Inc. manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc. and changed its name to Upexi, Inc. in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.
What sector is Upexi in?
Upexi is in the Communication Services sector
What industry is Upexi in?
Upexi is in the Internet Content & Information industry
What country is Upexi from?
Upexi is headquartered in United States
When did Upexi go public?
Upexi initial public offering (IPO) was on 24 June 2021
What is Upexi website?
https://www.upexi.com
Is Upexi in the S&P 500?
No, Upexi is not included in the S&P 500 index
Is Upexi in the NASDAQ 100?
No, Upexi is not included in the NASDAQ 100 index
Is Upexi in the Dow Jones?
No, Upexi is not included in the Dow Jones index
When was Upexi the previous earnings report?
No data
When does Upexi earnings report?
The next expected earnings date for Upexi is 30 October 2024