PSQ Holdings, Inc. - PSQH STOCK NEWS

PublicSquare (NYSE: PSQH) has announced its first-ever Parallel Economy Summit, slated for October 10-11, 2024, at the Rosen Shingle Creek Resort in Orlando, FL. The summit aims to unite like-minded individuals and businesses dedicated to values such as life, family, and freedom. Notable speakers include Donald Trump Jr., Vivek Ramaswamy, and Governor Doug Burgum. The event will feature networking opportunities, speaking sessions, and a ‘Shark Tank’ style pitch competition. PublicSquare partners with Rumble as the Premier Media Partner for this event.

PublicSquare (NYSE: PSQH) reported a significant increase in net revenue for Q1 2024, up by over 800% YoY to $3.5 million. Pro forma net revenue reached $6.4 million, surpassing the total for 2023. Key highlights include the acquisition of Credova, a BNPL provider, and the development of PSQPayments, an uncancellable payment stack. The Marketplace segment saw a 150% revenue increase, while the Brand segment contributed $2.1 million, 75% of which was subscription-based. Despite transaction costs of $2.3 million related to the Credova acquisition, the company ended the quarter with $19.3 million in cash. The updated 2024 outlook projects year-end revenue between $47 million and $53 million, with multiple product launches and a focus on PSQPayments development.

PSQ Holdings, Inc. (NYSE: PSQH) announced the launch of PublicSquare Live, a platform for customers to swap big-box retail brands with small-business products. Hosted by Erin Elmore, the show features exclusive discounts on Public Square storefront products, aiming to connect consumers with like-minded patriots and values. PublicSquare aims to revolutionize shopping habits and promote a culture of commerce, not boycotts.

PublicSquare, Inc. launches '30 Products to Swap' campaign encouraging consumers to switch to values-aligned American brands from woke corporations. The initiative offers risk-free promotional opportunities across various household essentials. Michael Seifert, CEO, emphasizes the impact of small changes on the economy and guarantees customer satisfaction with the option to return any unsatisfactory items for a refund.

PSQ Holdings, Inc. (NYSE: PSQH), also known as PublicSquare, will announce its first quarter 2024 financial results on May 15, 2024. The company will host a webcast at 9:00 AM ET on the same day to discuss the results. Investors can submit questions through the Say Technologies platform. Management will address questions related to financial performance, strategic goals, and business operations during the webcast.

PSQ Holdings, Inc. subsidiary EveryLife donates over 523,000 diapers and 123,000 wipes in Q1 2024 through 'Buy For A Cause' program, strategic partnerships, and diaper drives. The program supports pro-life organizations and families in crisis, with a focus on assisting new families in need.

Credova, a BNPL provider and subsidiary of PSQ Holdings, stands against major credit card companies prioritizing regulatory compliance over consumer rights. They condemn the violation of constitutional freedoms and advocate for privacy-centric financial solutions.

PSQ Holdings, Inc. announces Brian Billingsley as President of PSQ Payments, a new subsidiary focusing on uncancellable payments solutions for the Company's marketplace and third-party merchants. The move aims to enhance the parallel economy infrastructure and improve the checkout experience for customers.

PSQ Holdings, Inc. (NYSE: PSQH) reported a 12x increase in net revenue year over year and provided a positive outlook for 2024. The company highlighted significant achievements in 2023, including listing on the NYSE, launching new products, and acquiring Credova. Financially, the company increased net revenue by 1,097% to $5.7 million, saw a 529% increase in marketplace revenue, and added over 1.6 million consumer members. Despite incurring $6.8 million in one-time transaction costs, the company ended the year with $16.4 million in cash. In 2024, PublicSquare aims to reach Exit Run-Rate Revenue of $47 million to $53 million, achieve cash flow positivity for EveryLife, and expand its product offerings and cash position.