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Eightco Holdings ( (OCTO) ) has issued an update.
Eightco Holdings Inc. has optimistically projected a $100 million revenue target for 2025, building on a strong year of financial improvements, including a significant reduction in debt and increased gross profit margins. The company’s focus is on expanding its primary subsidiary, Forever 8 Fund LLC, which provides inventory solutions for e-commerce sellers and refurbished Apple products in the US, UK, and Europe. With a healthier balance sheet and compliance with NASDAQ rules, Eightco is poised for growth, aiming to secure non-dilutive financing to boost its capital and deliver increased shareholder value.
Learn more about OCTO stock on TipRanks’ Stock Analysis page.