NYSE$PSQH
Psq Holdings Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Increased net revenue by 222% year-over-year and achieved a gross margin of 64%.
PublicSquare reported a 222% increase in net revenue year-over-year and a gross margin of 64% for the third quarter of 2024. The company is prioritizing its Fintech opportunity, having signed contracts for over $1.0 billion in potential annualized gross merchandise value for payments.
- Net revenue increased by 222% year-over-year.
- Gross margin reached 64%.
- Signed contracts for over $1.0 billion in potential annualized gross merchandise value for payments.
- Prioritizing Fintech segment for future growth.
Headline financials
Revenue & EPS history
PSQ · Revenue · Quarterly
$6.54M
Forward guidance
PublicSquare anticipates all segments, including the PublicSquare marketplace, will achieve positive cash flows on a standalone basis during 2025 while maintaining strong growth and expects to become cash flow positive as an organization by the latter half of 2025.
Tailwinds
- All segments, including the PublicSquare marketplace, will achieve positive cash flows on a standalone basis during 2025 while maintaining strong growth.
- Company expects to become cash flow positive as an organization by the latter half of 2025.
- Strategic reorganization expected to save approximately $11.0 million on an annualized basis.
- Reorganization is expected to meaningfully lower the Company’s cash needs.
- Cost savings associated with the organizational changes to be realized beginning in November 2024 and for the full year 2025.
Headwinds
- Strategic reorganization resulted in the elimination of ~35% of the company’s workforce.
- Payment processing and credit agreements are terminable at will without notice.
- Merchants may terminate services or fail to utilize the services at the expected volume.
- Risk of economic downturn.
- Increased competition in the consumer marketplace.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q3 2024
-1.7%
Avg return
Earnings day
-3.6%
Avg return
5 days after
-3.5%
Avg return
30 days after
53%
8 / 15 earnings
Positive
+12.3%
Q4 2024
Best reaction
-12.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -10.5% | -13.3% | -32.4% | |
| Q4 2025 | +0.5% | -17.2% | -5.6% | |
| Q3 2025 | -9.9% | -7.2% | -24.7% | |
| Q1 2025 | +8.4% | +2.6% | +28.9% | |
| Q4 2024 | +12.3% | +16.1% | -23.3% | |
| Q3 2024 | -12.4% | -20.3% | +41.9% | |
| Q2 2024 | +2.2% | +5.6% | +3.0% | |
| Q1 2024 | -1.3% | -5.8% | -15.9% | |
| Q4 2023 | -3.9% | +1.0% | -6.4% | |
| Q3 2023 | -12.7% | -14.6% | -21.8% | |
| Q2 2023 | +1.5% | -1.1% | +2.0% | |
| Q1 2023 | -0.3% | -0.4% | +0.6% | |
| Q4 2022 | +0.1% | -0.0% | +0.4% | |
| Q3 2022 | +0.1% | +0.4% | +0.2% | |
| Q2 2021 | +0.1% | +0.0% | +0.0% |
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