Eightco Holdings Inc (Texas)

8co.holdings

What Do They Do?

Provides funding and inventory management services to e-commerce businesses, buying inventory and supplying it to online retailers.

How Do They Make Money?

The company sells consumer goods through its inventory management business, and customers pay when they receive the products.

revenue

Segment	Share	Revenue	How money arrives
Inventory Management Solutions Sold outright	100% FY2022: 75%		Sold outright
Corrugated Packaging Sold outright	5.4%		Sold outright

Who Are Their Customers?

E-commerce businesses are the company's customers; it provides them with inventory funding and management services.

Customers above 10% of revenue, FY2025

of revenue from one customer

FY2024: 75% from one customer

Do Revenues Turn Into Profits?

No. It lost $262M in FY2025.

Operating income, FY2025

−173% of revenue

▲ +598% (Loss) vs FY2024 (−$8.2M, −21%)

Net income, FY2025

−794% of revenue

▼ Now a loss vs FY2024 ($708.5K, 2%)

Free cash flow, FY2025

−33% of revenue

▲ +65% (Loss) vs FY2024 (−$6.6M, −17%)

How Are They Changing?

Since the FY2025 annual report

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

Revenue: ▼ −73%; vs $7.6M in Q2 FY2025
Net income: ▲ Now profitable; vs −$1.2M in Q2 FY2025

Aug 7, 2026 Nasdaq notified Eightco of a minimum bid-price deficiency Trading continued; Eightco had until February 1, 2027 to regain compliance.

Growing. Revenue grew 4.2x in 4 years, from $7.9M in FY2021 to $33M in FY2025, about 43% a year.

Investment strategy The older report emphasized growing the inventory and packaging businesses; the latest puts investment in digital assets and technology companies at the center of its strategy while continuing the inventory business as its operating segment.

Corrugated packaging The older report described the company making and selling custom packaging; the latest says it sold those assets and has an operating segment centered on inventory management.

Revenue over time

Inventory Management Solutions Corrugated Packaging Corrugated

$100M$50M$0

FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with Clearco and Payoneer

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