Upexi, Inc. (UPXI)

From the record

Upexi, Inc.'s filings since 2019 show 17 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 7 times, the latest 2026-07-31); an auditor change (8-K item 4.01, 3 times, the latest 2024-06-04); a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2025-05-16) (its current reports).

From the record

Upexi, Inc.'s 7 filed years say what it did: revenue went from $7 million in fiscal 2020 to $25 million in fiscal 2026, up 22.5% a year; it rose in 3 of 6 years; the deepest fall was 57% from fiscal 2023 to fiscal 2025; net income was positive in 1 of 7 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2026-06-30, Upexi, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 130 cents per dollar of assets, and net share issuance: its share count grew 702.8% over the year (the filed statements).

From the record

Upexi, Inc.'s standing among 114 graded names in its industry family: revenue of $25 million in fiscal 2026 ranks in the bottom 36% by size; a net margin of -984.3% ranks in the bottom 17%; revenue growth of -11.8% a year over the last 3 filed years ranks in the bottom 24% (its annual reports).

From the record

Upexi, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Marshall, Allan (Chief Executive Officer, as filed), filing under that title since 2021-06-24, 5.4 years (top 21% of its family); the 5 officers and directors filing in the last fifteen months have been on the record a median of 5.4 years (top 34%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (top 40%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Upexi, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $6 million against no long-term debt tagged leaves 3.2% of its assets as net cash, bottom 40% of its family; cash from operations less capital spending is -84% of revenue (bottom 37%); a gross margin of 89.5% (top 11%) (its annual report).

From the record

Upexi, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -11.8% a year over the last three filed years against 22.5% over all 7, slowing (bottom 17% of its family); the newest year grew 58.2% (top 25%); capital spending grew -63.9% a year (bottom 12%) (its annual reports). Upexi, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Upexi, Inc.'s newest year against its own record: revenue of $25 million in fiscal 2026 came in 140% above the $10 million its prior three years' pace pointed to (top 17% of its family); net income of $246 million against a prior three-year average of $18 million (bottom 12%); a net margin of a loss larger than its revenue against -75.2% before (bottom 15%) (its annual reports).