Upexi Inc (NAS:UPXI)
$ 0.80 -0.052 (-6.03%) Market Cap: 59.05 Mil Enterprise Value: 298.37 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 31/100

Q3 2026 Upexi, Inc Earnings Call Transcript

May 12, 2026 / 09:30 PM GMT
Release Date Price: $1.35 (-8.16%)

Key Points

Positve
  • Upexi Inc (UPXI) successfully executed a buyback of approximately 2.5 million common shares, enhancing shareholder value.
  • The company issued a $36 million in-kind convertible note, reducing credit risk and potentially increasing Solana per share.
  • Upexi Inc (UPXI) completed a $7 million equity plus warrants offering above NAV, further increasing Solana per share.
  • The company has focused on cost reduction by outsourcing operations, which is expected to align expenses more closely with revenue.
  • Upexi Inc (UPXI) reported a significant increase in total revenue for the nine-month period, reflecting the addition of its digital asset treasury business.
Negative
  • Upexi Inc (UPXI) faced a challenging environment with a decline in Solana prices and industry multiples, impacting stock performance.
  • The company reported a net loss of approximately $109 million for the quarter, largely due to unrealized losses on digital assets.
  • There was a 33% decline in Solana's price during the quarter, which was more significant than Bitcoin's 22% fall.
  • Upexi Inc (UPXI) has a substantial amount of debt, with $238 million, which affects its enterprise value calculations.
  • The company is still working towards achieving a self-sustaining treasury, with ongoing efforts to reduce expenses and manage debt.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

UPXI.OQ - Upexi, Inc
Q3 2026 Upexi, Inc Earnings Call
May 12, 2026 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good day, and welcome to the UPEXI Inc. Fiscal Third Quarter 2026 Financial Results Conference Call.

Please note this event is being recorded.

I would now like to turn the conference over to Walter Pinto, Managing Director at KCSA Strategic Communications. Please go ahead.

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Unidentified_2 [2]
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Thank you, operator. Good evening, and welcome, everyone, to the UPEXI Fiscal Third Quarter 2026 Financial Results Conference Call. I'm joined today by Alan Marshall, Chief Executive Officer, Andrew Nordstrom, Chief Financial Officer, and Brian Ruddick, Chief
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