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PSQ Holdings
(NYSE:PSQH)
PSQ Holdings (PSQH) vs. SPDR S&P 500 ETF (SPY)
PSQ Holdings Business Overview & Revenue Model
PSQ Holdings Earnings Call Summary
PSQ Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 25.45M | 23.20M | 5.69M | 475.18K | 8.84K |
| Gross Profit | 15.03M | 14.07M | 1.89M | -240.93K | -116.13K |
| EBITDA | -34.37M | -52.12M | -50.71M | -6.20M | -2.17M |
| Net Income | -45.53M | -57.69M | -53.33M | -6.98M | -2.29M |
Balance Sheet | |||||
| Total Assets | 58.83M | 74.89M | 25.25M | 4.22M | 1.02M |
| Cash, Cash Equivalents and Short-Term Investments | 10.60M | 36.32M | 16.45M | 2.33M | 399.40K |
| Total Debt | 5.31M | 32.51M | 327.37K | 299.04K | 0.00 |
| Total Liabilities | 43.94M | 48.04M | 14.81M | 814.25K | 155.81K |
| Stockholders Equity | 14.89M | 26.85M | 10.43M | 3.40M | 860.50K |
Cash Flow | |||||
| Free Cash Flow | -20.05M | -34.13M | -29.26M | -7.59M | -973.48K |
| Operating Cash Flow | -24.37M | -34.13M | -25.76M | -6.03M | -973.48K |
| Investing Cash Flow | -9.79M | -3.02M | -3.32M | -1.55M | -172.50M |
| Financing Cash Flow | 40.82M | 57.29M | 43.20M | 9.52M | 174.31M |
PSQ Holdings Technical Analysis
PSQ Holdings Risk Analysis
PSQ Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $56.23M | 21.54 | 27.34% | ― | -1.17% | 43.94% | |
51 Neutral | $137.39M | 686.87 | 1.17% | ― | 14.20% | ― | |
46 Neutral | $48.97M | -0.15 | -605.44% | ― | -23.03% | -107.34% | |
45 Neutral | $53.68M | -0.89 | -451.95% | ― | 35.79% | 14.85% | |
44 Neutral | $27.84M | 0.01 | 93.25% | ― | 259.01% | -61.05% | |
39 Underperform | $63.69M | ― | ― | ― | ― | ― |
PSQ Holdings Corporate Events
On December 18, 2025, PSQ Holdings, Inc. (PublicSquare) entered into a definitive securities purchase agreement with an existing fundamental institutional investor for a registered direct offering of 1.8 million shares of Class A common stock, pre-funded warrants to purchase 5,018,184 shares, and accompanying common warrants to buy 8,522,730 shares, all priced at a combined $1.10 per share or pre-funded warrant plus warrant. The transaction, which closed on December 19, 2025, generated approximately $7.5 million in gross proceeds, earmarked for working capital and general corporate purposes, and included standard 90-day restrictions on additional equity issuance and variable-rate financings as well as 30-day lock-up agreements by directors and executives, signaling a near-term capital infusion for the fintech company while temporarily limiting further dilutionary activity.
On December 18, 2025, PublicSquare reported a sharp year-on-year jump in preliminary Gross Merchandise Volume for the 2025 Black Friday through Cyber Monday period, underscoring rapid growth in its payments and credit operations. GMV processed by PSQ Payments during the four-day shopping window rose about 536% to $7.8 million from $1.2 million a year earlier, while Credova’s financed volume increased 75% to roughly $1.24 million and the number of loan and lease contracts climbed 73% to 1,606 from 931 in 2024. Management highlighted the figures as evidence of accelerating adoption and the scalability of its infrastructure, as well as rising demand for values-aligned financial services, although it cautioned that the unaudited, non-GAAP metrics are preliminary, subject to adjustment, and not necessarily indicative of full-year 2025 results.
On November 7, 2025, PSQ Holdings, Inc. entered into an Asset Purchase Agreement with Tandym, Inc. to acquire certain assets, including intellectual property and contracts. However, the agreement was terminated on December 9, 2025, due to the seller’s failure to complete the sale of loan receivables by the deadline, with no termination fees imposed.
On November 12, 2025, PSQ Holdings, Inc. announced changes to its executive team, confirming the executive officers and individuals subject to Section 16 of the Securities Exchange Act of 1934. As part of these changes, Andrew Weisbecker, President of Marketplace, ceased to serve as an executive officer, although his title and employment status remain unchanged.
On November 7, 2025, PSQ Holdings entered into an Asset Purchase Agreement with Tandym, Inc. to acquire assets that enable merchants to offer private label credit and debit cards. This acquisition, expected to close in December 2025, will enhance PublicSquare’s fintech ecosystem by adding virtual and private label credit card capabilities, thus strengthening merchant and consumer retention. The deal, valued at up to $6.75 million, is anticipated to accelerate PublicSquare’s evolution into a full-stack fintech platform, expanding its product suite and creating new revenue streams through merchant-branded credit programs. This strategic move is expected to improve gross margins, increase merchant lifetime value, and drive sustainable profitability.
On November 6, 2025, PSQ Holdings announced its negotiations to acquire intellectual property assets from Tandym, Inc., involving a proposed consideration of $5.75 million in Class A Common Stock and up to $1.0 million in cash. The company also reported strong financial results for the third quarter of 2025, with a 37% increase in net revenue compared to the previous year, and significant growth in its fintech, credit, and payments segments. Operating expenses decreased by 13%, and the company improved its net loss by 33% year-to-date. PublicSquare reaffirmed its revenue guidance for the fourth quarter of 2025 and full year 2026, highlighting its focus on expanding its fintech platform and monetizing non-core segments to support product innovation and growth.