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Jun 30, 2023

PSQ Q2 2023 Earnings Report

PublicSq. reported second quarter 2023 financial results.

Key Takeaways

PublicSq. announced its Q2 2023 financial results, highlighting significant growth in consumer members and businesses on its platform since its nationwide launch. The company's first direct-to-consumer brand, EveryLife, launched in July and generated estimated revenue of $300,000 in its first 19 days.

Consumer Members and Businesses on Platform now exceed 1.4 million and 65,000, respectively, as of July 31st.

This represents 272% and 98% growth since December 31, 2022, respectively

The Company’s first direct-to-consumer brand, EveryLife, launched on July 13th and generated estimated revenue of $300,000 in its first 19 days of sales

Roughly 60% of EveryLife orders were monthly auto-renew subscriptions

Total Revenue
$530K
EPS
-$23
Gross Profit
$112K
Cash and Equivalents
$6.17M
Free Cash Flow
$976K
Total Assets
$177M

PSQ

PSQ