PSQ (PSQH)

Search documents
PSQ: The Potential For A Trickle-Down Recession Or Worse
Seeking Alpha· 2024-10-01 17:02
The Hecht Commodity Report is one of the most comprehensive commodities reports available today from a top-ranked author in commodities, forex, and precious metals. My weekly report covers the market movements of over 29 different commodities and provides bullish, bearish, and neutral calls, directional trading recommendations, and actionable ideas for traders and investors. I am offering a free trial and discount to new subscribers for a limited time. U.S. tax policy is on the ballot in early November. At ...
PSQ (PSQH) - 2024 Q2 - Earnings Call Transcript
2024-08-14 14:42
Financial Data and Key Metrics - Net revenue in Q2 2024 increased by 1,030% compared to Q2 2023, while cash flow operating expenses rose by only 49% [5] - Net revenue increased by 73% quarter-over-quarter to $6 million in Q2 2024, up from $3.5 million in Q1 2024 [6] - Gross margin improved to 67% in Q2 2024, compared to 43% in Q1 2024 [6] - The company generated $7,000 in revenue in 2021, $475,000 in 2022, $5.7 million in 2023, and $6 million in Q2 2024 alone [8] Business Line Data and Key Metrics - The marketplace, launched in July 2022, has helped millions of Americans find small businesses with impactful stories and high-quality products [9] - EveryLife, the pro-life and pro-family baby brand, generated over $7.5 million in sales in its first 12 months and donated over 1.5 million diapers through the Buy for a Cause program [10] - The company acquired Credova, a financial technology firm focused on supporting the gun industry, to build out its payments business under the PublicSquare brand [12][13] Market Data and Key Metrics - The company is targeting a family values-oriented, patriotic audience with initiatives like a branded digital wallet, user rewards, and financing options [14] - The payment stack, launched in August 2024, has over $200 million in annualized GMV in payments processing volume under contract, with a line of sight to $1 billion by the 2024 Christmas shopping season [15] Company Strategy and Industry Competition - The company is consolidating its branding, marketing, and product features under the PublicSquare name, sunsetting the Credova brand [13] - The company is focusing on cost savings, streamlined messaging, and more effective customer and merchant acquisition through reallocating and consolidating resources [14] - The company believes its stock is undervalued, trading at 6 times trailing 12-month sales compared to industry comps trading at 8 to 9 times forward-year sales [16][17] Management Commentary on Operating Environment and Future Outlook - The company is confident in its long-term vision and believes it has barely scratched the surface of its business potential [8] - Management is committed to executing with the long game in mind, with key executives and board members locking up their shares for another 12 months [18] - The company is more confident than ever in its business fundamentals and invites new investors to join its journey [18] Other Important Information - The company announced a $10 million convertible note investment to supercharge the launch of its payment stack [15] - The company does not believe the current stock price accurately reflects its business, citing a disconnect between its growth and market valuation [16][17] Summary of Q&A Session - No formal Q&A session was held during the call, but management addressed shareholder questions submitted through the Safe Technologies platform throughout the presentation [4]
PSQ Holdings, Inc. (PSQH) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-08-14 14:16
PSQ Holdings, Inc. (PSQH) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $8.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this company would post a loss of $0.39 per share when it actually produced a loss of $0.37, delivering a surprise of 5.13%. Over the last four quarters, the company has surpa ...
PSQ (PSQH) - 2024 Q2 - Quarterly Report
2024-08-14 12:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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 Number: 001-40457 PSQ Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | 86-2062844 | | --- | --- | | (State or other juri ...
PSQ (PSQH) - 2024 Q2 - Quarterly Results
2024-08-14 12:00
Exhibit 99.1 PublicSquare Reports Second Quarter 2024 Financial Results Increased Second Quarter 2024 Net Revenue by over 11x YoY Second Quarter 2024 Net Revenue Exceeds Full Year 2023 Net Revenue Company Presents Forward Vision for New Payments Business Signed Agreement for $10 million Convertible Note to Fund Payments Business WEST PALM BEACH, Fla, August 14, 2024 — PSQ Holdings, Inc. (NYSE: PSQH) ("PublicSquare," or the "Company"), America's leading commerce and payments ecosystem valuing life, family, a ...
PSQ: An Inverse Play Against The Nasdaq That 'Might' Work Now
Seeking Alpha· 2024-06-17 16:00
Morsa Images A Look At The Holdings | --- | --- | --- | --- | --- | --- | |------------------------------------------------|-------|-----------------------------------------------------------------|-----------------------|-------------------------------|----------------------------| | Exposure Weight ▲Ticker Description \n18.95% | " | UNITED STATES OF AMERICA BILL ZERO CPN 21/NOV/2024 USD 100 | (Notional + GL) \n-- | Market Value \n$97,762,750.00 | Shares/Contr \n100,000,000 | | " | " | TREASURY BILL | … | ...
Rumble Welcomes PublicSquare to Cloud Platform
Newsfilter· 2024-06-17 11:00
PublicSquare is America's leading commerce and payments ecosystem that serves customers and businesses that value life, family, and freedom. PublicSquare operates under three segments: Marketplace, Financial Technology, and Brands. The primary mission of the Marketplace segment is to help consumers "shop their values" and put purpose behind their purchases. PublicSquare leverages data and insights from the Marketplace to assess its customers' needs and provide wholly-owned quality financial products and bra ...
PSQ (PSQH) - 2024 Q1 - Earnings Call Transcript
2024-05-15 17:54
PublicSquare Holdings, Inc. (NYSE:PSQH) Q1 2024 Earnings Conference Call May 15, 2024 9:00 AM ET Company Participants William Kent - Vice President of Investor Relations Michael Seifert - Chairman and Chief Executive Officer Brad Searle - Chief Financial Officer Conference Call Participants Darren Aftahi - ROTH Capital Partners Operator Greetings and welcome to PublicSquare’s First Quarter 2024 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It ...
PSQ (PSQH) - 2024 Q1 - Quarterly Report
2024-05-15 11:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 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 Number: 001-40457 PSQ Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | 86-2062844 | | --- | --- | | (State or other jur ...
PSQ (PSQH) - 2024 Q1 - Quarterly Results
2024-05-15 10:40
Exhibit 99.1 PublicSquare Reports First Quarter 2024 Financial Results Increased First Quarter 2024 Net Revenue by over 800% YoY Pro forma First Quarter 2024 Net Revenue Exceeds Full Year 2023 PSQH Net Revenue WEST PALM BEACH, Fla, May 15, 2024 — PSQ Holdings, Inc. (NYSE: PSQH) ("PublicSquare," or the "Company"), a holding company that brings together like-minded customers and merchants in the parallel economy, through commerce, payments, products, and services, today announced financial results for the fir ...