Upexi, Inc. Reports Financial Results for Fiscal Year 2025 and Provides Update on Solana Treasury Performance

Upexi, Inc. reports $15.8 million revenue and $13.7 million net loss for fiscal year 2025, highlighting its growing cryptocurrency treasury.

Quiver AI Summary

Upexi, Inc. announced its financial results for the fiscal year ending June 30, 2025, with total revenue of $15.8 million and a gross profit of approximately $10.7 million, resulting in a gross margin of 67%. However, the company reported a net loss of about $13.7 million. Upexi's shares outstanding as of September 10, 2025, were 58,893,261. CEO Allan Marshall expressed satisfaction with the growth of the company's treasury in the cryptocurrency sector, emphasizing a focus on adding shareholder value. The company held 2,018,419 SOL, a 174% increase since the fiscal year-end, leading to a net asset value of $433 million, which is up 281% from the previous amount. Upexi noted substantial unrealized gains and mentioned that most of its SOL is staked, generating daily revenue.

Potential Positives

Upexi reported a notable increase in its Solana holdings, growing 174% from the prior period, which highlights strong asset management and growth potential in the cryptocurrency space.
The company's Net Asset Value increased significantly by 281%, rising to $433 million, demonstrating substantial appreciation in its cryptocurrency investments.
Upexi's unrealized gain reached $128 million, reflecting a substantial increase of approximately 1,300% compared to the previous reporting period, showcasing strong value creation for shareholders.
The current staking of Solana yields approximately $100,000 in daily revenue, indicating a robust ongoing cash flow from its investments in crypto assets.

Potential Negatives

Net loss of approximately $13.7 million for the fiscal year raises concerns about financial stability and operational effectiveness.
Despite significant unrealized gains in cryptocurrency, the company's heavy investment in SOL with a total cost of $306 million may expose it to market volatility risks.
Forward-looking statements regarding future results come with inherent uncertainties, leaving investors cautious about the company's projected growth and strategies.

FAQ

What were Upexi's financial results for the fiscal year ended June 30, 2025?

Upexi reported revenue of $15.8 million and a net loss of approximately $13.7 million.

How much SOL does Upexi currently hold?

As of September 10, 2025, Upexi holds 2,018,419 SOL, a growth of 174% since June 30, 2025.

What is Upexi's Net Asset Value related to SOL?

The Net Asset Value stands at $433 million, up 281% from $114 million on June 30, 2025.

How is Upexi generating revenue from its SOL holdings?

Upexi's SOL are being staked, earning an approximate yield of 8%, generating about $100,000 daily.

Where can investors find more information about Upexi?

Investors can visit Upexi's IR website or their official website at www.upexi.com for more details.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$UPXI Insider Trading Activity

$UPXI insiders have traded $UPXI stock on the open market 9 times in the past 6 months. Of those trades, 9 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $UPXI stock by insiders over the last 6 months:

ALLAN MARSHALL (Chief Executive Officer) has made 2 purchases buying 819,838 shares for an estimated $2,299,999 and 0 sales.
GENE SALKIND has made 2 purchases buying 261,472 shares for an estimated $650,002 and 0 sales.
ANDREW JAMES NORSTRUD (Chief Financial Officer) purchased 43,860 shares for an estimated $100,000
LAWRENCE DUGAN has made 4 purchases buying 16,000 shares for an estimated $97,770 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Full Release

TAMPA, Fla., Sept. 24, 2025 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing, and distribution of consumer products with diversification into the cryptocurrency space, today announced its financial results for the fiscal year ended June 30, 2025. The annual report is available on either the SEC’s website or on Upexi’s IR website .

Financial Highlights for the Fiscal Year ended June 30, 2025:

Revenue totaled $15.8 million.
Gross profit totaled approximately $10.7 million, representing a gross margin of 67%.
Net loss totaled approximately $13.7 million.
As of September 10, 2025, there are 58,893,261 shares of common stock outstanding.

"Since year-end, we have been pleased with the treasury's tremendous growth, underscoring the strength of the asset we're built upon and our ability to execute on a winning strategy," said Allan Marshall, Upexi CEO. "We are extremely proud to be building the leading Solana treasury company, and we remain laser-focused on creating value for shareholders."

In addition, the Company is providing shareholders with an update on its Solana treasury since its fiscal year ended June 30, 2025, referencing details contained in its recent periodic treasury update :

Treasury Update:

Treasury: Upexi held 2,018,419 SOL ¹ , up 174% from the 735,692 SOL held on June 30, 2025.
Net Asset Value: Net Asset Value was $433 million (based on a price of $214.76 per SOL ² ), up 281% from the Net Asset Value of $114 million (based on price of $154.74 per SOL) on June 30, 2025.
Unrealized Gain: The cost of Upexi’s SOL totals $306 million, or $151.44 per SOL. The unrealized gain, which includes both price appreciation and the discount on locked SOL, stands at $128 million ³ . This represents a ~1,300% increase relative to the $9 million unrealized gain on June 30, 2025.
SOL per Share: Adjusted SOL per share was 0.0197 or $4.23 on September 23, 2025, up 45% and 101%, respectively, as compared to Adjusted SOL per share of 0.0136 or $2.10 on June 30, 2025 ⁴ .
Staking: Substantially all the Company’s SOL are being staked, earning an ~8% yield. The current daily yield is approximately $100,000 per day in revenue.

About Upexi, Inc.
Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the cryptocurrency industry and cash management of assets through a cryptocurrency portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

Follow Upexi on X - https://x.com/upexitreasury
Follow CEO, Allan Marshall, on X - https://x.com/upexiallan
Follow CSO, Brian Rudick, on X - https://x.com/thetinyant

Forward Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward- looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Company Contact
Brian Rudick, Chief Strategy Officer
Email:[email protected]
Phone: (203) 442-5391

Media Contact
Gasthalter & Co.
[email protected]

Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
(212) 896-1254
[email protected]

¹ As of September 10, 2025.
² As of 4:00pm ET on September 23, 2025 as quoted on CoinMarketCap.
³ Calculated as the total number of both spot and locked SOL times the price of SOL minus the amount paid for the SOL.
⁴ See the press release dated September 11, 2025 for disclosures and calculation methodology around the adjusted SOL per share.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e0b1966-ff59-4645-a603-cd68cf4e1bc1