PSQ Holdings Inc
NYSE:PSQH

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PSQ Holdings Inc
NYSE:PSQH
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Price: 0.73 USD 12.99% Market Closed
Market Cap: $35.6m

PSQ Holdings Inc
Investor Relations

PSQ Holdings Inc is a US-based company operating in Interactive Media & Services industry. The company is headquartered in West Palm Beach, Florida and currently employs 0 full-time employees. The company went IPO on 2021-06-09. PSQ Holdings, Inc. provides a marketplace for patriotic businesses and consumers. The firm operates the Website and mobile application Public Sq. The firm is a values-focused organization that provides other values-focused small businesses with a platform to access consumers that are drawn to patriotic values. Its consumer members are able to search for and shop businesses offering products and services both locally and online. Business owners from an array of industries, offering a range of products and services, can host their business listing on its platform directory. Consumer members using its platform can then identify and patronize these business members. For consumer members, its application provides different tabs where they can find both local and online business members. Its application categorizes products and services into industries, including but not limited to food and drink, clothing and accessories, home, kids and others. Its platform has over 55,000 businesses.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 17, 2026
AI Summary
Q4 2025

Leadership: Dustin Wunderlich named Chair & CEO and is refocusing PSQ exclusively on fintech and financial infrastructure with an emphasis on capital efficiency.

Revenue Beat: Reported net revenue from continuing operations of $18.2 million for 2025, above prior guidance of $16.5 million.

Strong Growth: PSQ delivered 81% year-over-year revenue growth for 2025 and reported GMV growth of 411% year‑over‑year driven by payments expansion.

Fintech Momentum: Financial technology revenue (payments + Credova credit) showed strength at $7.3 million (up 109% YoY); Credova Q4 revenue was $4.8 million (up 47% YoY).

Cost Discipline: Headcount was cut from 87 to ~50 since September, G&A fell $9.9 million (26% YoY), and management expects ~ $8 million of annualized cash savings from cost actions.

Credit Performance: Loan charge-offs fell $466,000 (34%), repeat customers increased 25% YoY, and mix shifted toward more prime paper.

Liquidity & Cash: Cash and restricted cash of $16.1 million at 12/31/25; $6.2 million outstanding on a $10 million revolver; operating cash flow declined by $14.2 million in 2025.

Tech & AI: Company is expanding AI across underwriting, engineering and finance to boost revenue per employee and underwriting performance; exploring stablecoins/blockchain for settlement, not as a speculative balance-sheet play.

Key Financials
Net revenue (continuing operations)
$18.2 million (2025)
Prior revenue guidance
$16.5 million (2025 guidance)
GMV
up 411% year-over-year (2025)
Financial technology net revenue
$7.3 million (Q4 / financial technology)
Credit business revenue (Q4)
$4.8 million (Q4 2025)
Repeat customers (Credova)
up 25% (2025 vs 2024)
Loan charge-offs
reduced by $466,000
General & administrative expenses
reduced by $9.9 million (2025)
R&D expense
increased $1.9 million (2025)
Capitalized software
$2.9 million (2025)
Operating loss
$32.0 million (2025)
Noncash stock-based comp & D&A
$16.7 million (portion of operating loss)
Cash and restricted cash
$16.1 million (as of 12/31/25)
Net cash provided by (used in) operating activities
decreased by $14.2 million (2025 vs prior year)
Revolver outstanding
$6.2 million outstanding on $10 million line
Fintech gross margin
69% (2025, non-GAAP)
Discontinued - Brands revenue
$14.2 million (2025)
Discontinued - Marketplace revenue
$1.1 million (2025)
Headcount
reduced from 87 to ~50 (since September)
Q4 cash severance
$250,000 (approx.)
Annualized cash savings target
approximately $8 million (expected)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Michael Seifert
Founder, President, CEO & Chairman
No Bio Available
Mr. Bradley Searle
CFO & Treasurer
No Bio Available
Mr. Andrew Weisbecker
Chief Experience Officer
No Bio Available
Mr. Mike Hebert
Chief Operating Officer
No Bio Available
Mr. James M. Giudice
Chief Legal Officer & General Counsel
No Bio Available
Mr. Brian Billingsley
President of PSQ Payments
No Bio Available
Ms. Caroline Carralero
Chief Business Development Officer
No Bio Available
Mr. Dustin Wunderlich
Director & President of Credova Holdings, Inc.
No Bio Available
Ms. Sarah Gabel Seifert
President of EveryLife, Inc.
No Bio Available

Contacts

Address
FLORIDA
West Palm Beach
222 Lakeview Avenue, Suite 800
Contacts
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