GPO Plus Inc (GPOX) is a direct-store-delivery (DSD) distribution company that supplies convenience stores and gas stations with consumer products across the Midwest. Revenue is generated transactionally through product sales delivered directly to retail locations, including some products the company manufactures itself. GPOX targets the fragmented 15% to 20% of convenience store inventory not controlled by major broadline distributors, as disclosed in the FY2025 10-K filed September 11, 2025. The company operates a hub-and-spoke distribution network of Regional Hubs and Mini Hubs designed to provide weekly DSD service. Brett H. Pojunis has served as Chairman, CEO, and CFO since May 5, 2020. The capital structure carries convertible notes, promissory notes, and multiple preferred share classes outstanding as of April 30, 2025, with a stockholders' deficit reported on the balance sheet.

Revenue model

Transactional product sales through DSD delivery to convenience store and gas station retail partners. In some cases GPOX manufactures products directly, per the FY2025 10-K. No subscription or fee-based revenue streams are disclosed in the filing excerpts.

Products and services

Consumer products distributed to convenience stores and gas stations via weekly DSD routes. The company curates product assortments in collaboration with vendors, manufacturers, and brands, and manufactures select products itself. Value-added services include planogram compliance, shelf stocking, inventory analytics, and category expansion market research, per the FY2025 10-K.

Customers and end markets

Convenience store operators and gas station chains across the Midwest. The end market is in-store retail sales at convenience and fuel locations. The filing notes larger chains prefer fewer vendor relationships, which GPOX targets as a consolidation opportunity for the fragmented vendor segment.

Value-chain role

Wholesale distributor and DSD service provider sitting between product manufacturers and convenience store or gas station retailers. GPOX handles last-mile delivery, shelf stocking, planogram execution, and real-time inventory reporting for retail partners.

Geographic exposure

Midwest United States, described in the FY2025 10-K as the primary service territory for GPOX's DSD operations.

Source: SEC 10-K, filed 2025-09-11

Industry: Services-Services, NEC