1847 Holdings LLC

1847holdings.com

What Do They Do?

Sells finish-carpentry products and services to construction customers, and horns and warning lights to retailers, distributors and original equipment manufacturers.

How Do They Make Money?

revenue

Segment	Share	Revenue
Cabinetry and millwork	36%
Doors, frames, hardware, and trim	60%
Specialty construction accessories	1.7%
Automotive Horns	1.9% FY2022: 10%
Automotive Lighting	0.5% FY2022: 2.9%

Who Are Their Customers?

Construction customers—including contractors, developers, builders, homeowners and government entities—buy finish-carpentry products and services; Wolo sells horns and warning lights to retail and online sellers, distributors, and original equipment makers.

Customers above 10% of revenue, FY2025

of revenue from one customer

Do Revenues Turn Into Profits?

Yes. Its net income in FY2025 was larger than its revenue and turned 6 cents into free cash flow.

Operating income, FY2025

8% of revenue

▲ Now profitable vs FY2024 (−$12M, −76%)

Net income, FY2025

136% of revenue

▲ Now profitable vs FY2024 (−$100M, −637%)

Free cash flow, FY2025

6% of revenue

▲ Now profitable vs FY2024 (−$12.6M, −80%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −13%; vs $1.8M in Q2 FY2025
Net income: ▼ Now a loss; vs $22.6M in Q2 FY2025

Aug 14, 2026 Evaluates offers to sell CMD The company was evaluating four non-binding offers after a prospective buyer could not complete the contemplated transaction.

Growing. Revenue grew 57% in 4 years, from $30.7M in FY2021 to $48.3M in FY2025, about 12% a year.

Appliance and eyewear exits The older report described appliance sales and services and an eyewear business; the latest report says the company retained no financial interest in Asien’s or ICU Eyewear after those businesses left.

Revenue over time

Cabinetry and millwork Doors, frames, hardware, and trim Specialty construction accessories Automotive Horns Automotive Lighting Appliances Custom cabinets and countertops Appliance accessories, parts, and other Finished carpentry

$50M$25M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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