Alpine 4 Holdings Inc
OTC:ALPP

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Alpine 4 Holdings Inc Logo
Alpine 4 Holdings Inc
OTC:ALPP
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Price: 0.0008 USD 14.29% Market Closed
Market Cap: 2.7k USD

Alpine 4 Holdings Inc
Investor Relations

Alpine 4 Holdings, Inc. is a holding company, which engages in the acquisition of businesses that fits into its drivers, stabilizers, and facilitators business model. The company is headquartered in Phoenix, Arizona and currently employs 480 full-time employees. The company went IPO on 2016-12-13. The company is a conglomerate that is acquiring businesses that fit into its drivers, stabilizer, facilitator (DSF) business model. The company is a holding company with diverse subsidiary holdings with products and services. The company has culminated in the development of a Blockchain-enabled enterprise business operating system called SPECTRUMebos. Its business model is based around acquiring business-to-business companies in a range of industries through the acquisition of DSF. The DSF business model offers the Company to own small-capitalization businesses. Its subsidiaries include A4 Corporate Services, LLC, ALTIA, LLC, Quality Circuit Assembly, Inc., Morris Sheet Metal, Corp, JTD Spiral, Inc., Excel Construction Services, LLC, SPECTRUMebos, Inc., Vayu (US), Inc., Thermal Dynamics, Inc., Alternative Laboratories, LLC., Identified Technologies Corporation, ElecJet Corp. and DTI Services Limited Liability Company.

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Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Aug 11, 2023
AI Summary
Q2 2023

Revenue Growth: Alpine 4's Q2 2023 revenue grew by 11% year-over-year to $28 million, with first half revenue up 3% to $52.4 million.

Margin Expansion: Gross profit margin improved to 28% in Q2 from 24% in the prior year, with management targeting further gains.

Profitability: The company reported a Q2 net loss of $4.6 million, compared to net income of $1.5 million a year ago, due in part to higher operating expenses.

Segment Performance: Manufacturing now makes up 46% of total Q2 revenue, up from 30% last year, while technology and construction segments saw mixed results.

Key Contracts: Vayu secured its first $5.25 million purchase order as part of a $100 million UAV supply agreement, opening doors to more opportunities.

Capital & Compliance: Alpine 4 regained full NASDAQ compliance, secured $1.7 million in bridge financing, and filed an S-1 for a potential stock offering.

Strategic Milestones: Plans to carve out and publicly list Global Autonomous Corporation in 2024, with a potential shareholder dividend.

Outlook: Management expects revenue acceleration in Q4, continued product innovation, and possible additional capital raises to fund growth.

Key Financials
Revenue
$28 million
Revenue (six months ended June 30, 2023)
$52.4 million
Gross Margin
28%
Gross Margin (year-to-date)
25%
Operating Expenses
$11.5 million (Q2); $21.9 million (six months)
Net Loss
$4.6 million (Q2); $10.3 million (six months)
Earnings Per Share
$-0.18 (Q2); $-0.41 (six months)
Net Cash Provided by Operating Activities
$2.5 million (first six months 2023)
Cash and Cash Equivalents
$3.8 million (as of June 30, 2023)
Adjusted EBITDA
loss of $247,000 (Q2); loss of $2 million (six months)
Earnings Call Recording
Other Earnings Calls
2023

Management

Mr. Kent Brian Wilson
Founder, CEO, President, Secretary & Director
No Bio Available
Mr. Ian Kantrowitz
Founder, VP of Investor Relations & Director
No Bio Available
Mr. Jeffrey M. Hail
Founder & COO
No Bio Available
Ms. SaVonnah Osmanski
Senior Vice President of Corporate Controller
No Bio Available
Ms. Shannon Rigney
Founder & VP of Social Media/PR
No Bio Available
Ms. Ginger Smith
Interim CFO & Corporate Controller
No Bio Available
Mr. Craig Codling
Chief Technology Officer
No Bio Available
Peter Ward
In-House Counsel
No Bio Available
Ms. Trish Norvell
Vice President of Human Resources
No Bio Available
Andrew Spence
Senior Vice President of RCA Commercial
No Bio Available

Contacts

Address
ARIZONA
Phoenix
2525 East Arizona Biltmore Circle, Suite 237
Contacts
+14807022431.0
www.alpine4.com