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1847 Holdings Reports 380% Revenue Growth to $12.8 Million in Q2 2025
Globenewswire· 2025-08-15 17:30
Core Insights - 1847 Holdings LLC reported significant financial improvements in Q2 2025, with revenue increasing by 380.4% year-over-year to $12.8 million and gross profit rising by 461.8% to $6.7 million, resulting in a gross margin of 52.2% [2][3] - The company generated a net income from continuing operations of $23.7 million, an increase of $26.6 million compared to a loss in the prior year, largely driven by a gain on the change in fair value of warrant liabilities [5][6] - For the first half of 2025, revenue reached $22.9 million, marking an increase of $18.1 million from the previous year, and the company achieved positive cash flow from continuing operations of $973,606 [1][2] Financial Performance - Q2 2025 revenue was $12.8 million compared to $2.7 million in Q2 2024, reflecting a growth of $10.1 million [3] - Gross profit for Q2 2025 was $6.7 million, up from $1.2 million in Q2 2024, indicating a substantial increase [2][4] - Operating income improved to $2.5 million in Q2 2025 from a loss of $1.7 million in the same quarter of the previous year [2][4] Future Guidance - The company reaffirmed its 2025 guidance, projecting net income of approximately $1.3 million on revenue exceeding $45 million, and anticipates 2026 net income of around $5.0 million on revenue surpassing $60 million [1][2] - 1847 Holdings is transitioning its shares to the OTCID Basic Market following a delisting from NYSE American, with plans to reapply for a national exchange listing in the future [2][7] Strategic Focus - The company focuses on acquiring undervalued businesses, enhancing their operations, and monetizing them for higher valuations, which aligns with its investment thesis of capitalizing on market inefficiencies [7]
1847 LLC(EFSH) - 2025 Q2 - Quarterly Report
2025-08-14 21:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41368 1847 HOLDINGS LLC (Exact name of registrant as specified in its charter) Delaware 38-3922937 ( ...
1847 Holdings Initiates Transition to OTCQB Market Following NYSE American Delisting Decision
Globenewswire· 2025-07-08 21:50
Core Viewpoint - 1847 Holdings LLC is transitioning its common shares to the OTCQB® Venture Market to enhance trading access and visibility for shareholders following a delisting from NYSE American [1][2]. Company Performance - The company reported a revenue growth of over 380% in Q1 2025, significant gross profit expansion, and meaningful debt reduction through strategic initiatives, including the divestiture of High Mountain Door & Trim Inc. for approximately $17 million [2]. - The company reaffirms its 2025 guidance with expected revenue exceeding $45 million and net income of approximately $1.3 million, and anticipates revenue surpassing $60 million with net income rising to approximately $5.0 million in 2026 [2]. Strategic Initiatives - The company aims to strengthen its financial performance and balance sheet by acquiring, enhancing, and monetizing undervalued businesses, which is part of its disciplined approach to value creation [2][4]. - Following the delisting from NYSE American, the company plans to reapply for listing on a national securities exchange at an appropriate time as it continues to execute its strategy [2]. Company Background - 1847 Holdings LLC is a diversified acquisition holding company that focuses on identifying overlooked, deep-value investment opportunities in middle market businesses [1][4]. - The company believes that capital market inefficiencies have left many small business stakeholders with limited exit options, allowing 1847 Holdings to acquire businesses at reasonable multiples of cash flow [4].
1847 LLC(EFSH) - 2025 Q1 - Quarterly Report
2025-05-15 20:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41368 1847 HOLDINGS LLC (Exact name of registrant as specified in its charter) Delaware 38-3922937 ...
1847 LLC(EFSH) - 2025 Q1 - Quarterly Results
2025-05-15 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2025 1847 Holdings LLC | (Exact name of registrant as specified in its charter) | | | | --- | --- | --- | | Delaware | 001-41368 | 38-3922937 | | (State or other jurisdiction | (Commission File Number) | (IRS Employer | | of incorporation) | | Identification No.) | | 260 Madison Avenue, ...
1847 LLC(EFSH) - 2024 Q4 - Annual Results
2025-03-31 21:27
Exhibit 99.1 1847 Reports 10.7% Increase in Revenue to $15.7 Million for the Year Ended 2024 Gross profit increases 18.6% in 2024 vs 2023 NEW YORK, NY / ACCESSWIRE / March 31, 2025 / 1847 Holdings LLC ("1847" or 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 Contin ...
1847 LLC(EFSH) - 2024 Q4 - Annual Report
2025-03-31 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File No. 001-41368 1847 HOLDINGS LLC (Exact name of registrant as specified in its charter) Delaware 38-3922937 (State or oth ...
1847 Holdings Engages Two Roads Advisors to Facilitate Sale of Wolo Manufacturing Corp.
ACCESSWIRE Newsroom· 2025-01-16 13:30
1847 Holdings Engages Two Roads Advisors to Facilitate Sale of Wolo Manufacturing Corp. ...
Spartan Capital Securities, LLC Serves as Sole Placement Agent in 1847 Holdings LLC's $11.424 Million Private Placement
Newsfilter· 2024-12-16 22:00
Source: Spartan Capital Securities, LLC New York, NY, Dec. 16, 2024 (GLOBE NEWSWIRE) --  Spartan Capital Securities, LLC, a leading investment banking firm, is pleased to announce its role as the sole placement agent in 1847 Holdings LLC's (NYSE:EFSH) $11.424 million private placement of units. 1847 Holdings LLC, a diversified acquisition holding company specializing in overlooked, deep-value investment opportunities, raised $11.424 million in gross proceeds through this private placement, prior to deductin ...
Spartan Capital Securities, LLC Serves as Sole Placement Agent in 1847 Holdings LLC's $11.424 Million Private Placement
GlobeNewswire News Room· 2024-12-16 22:00
Source: Spartan Capital Securities, LLC New York, NY, Dec. 16, 2024 (GLOBE NEWSWIRE) --  Spartan Capital Securities, LLC, a leading investment banking firm, is pleased to announce its role as the sole placement agent in 1847 Holdings LLC’s (NYSE American: EFSH) $11.424 million private placement of units. 1847 Holdings LLC, a diversified acquisition holding company specializing in overlooked, deep-value investment opportunities, raised $11.424 million in gross proceeds through this private placement, prior t ...