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Upexi, Inc. (UPXI) 10-Year Financial Performance & Capital Metrics

UPXI • • Industrial / General
Communication ServicesInternet ServicesOnline Marketplaces & ServicesE-commerce & Ticket Marketplaces
AboutUpexi, Inc. manufacture and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc. and changed its name to Upexi, Inc. in August 2022. Upexi, Inc. was incorporated in 2018 and is headquartered in Clearwater, Florida.Show more
  • Revenue $16M -39.2%
  • EBITDA -$12M +37.5%
  • Net Income -$14M +42.2%
  • EPS (Diluted) -1.73 +92.8%
  • Gross Margin 68.74% +39.4%
  • EBITDA Margin -74.26% -2.8%
  • Operating Margin -79.06% +8.5%
  • Net Margin -86.55% +4.9%
  • ROE -28.33% +79.4%
  • ROIC -13.97% +71.4%
  • Debt/Equity 0.31 -85.1%
  • Interest Coverage -10.65 -48.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 16.4%
  • ✓Trading at only 0.2x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 5 (bottom 5%)
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y16.36%
3Y-11.83%
TTM225.1%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM328.55%

EPS CAGR

10Y-
5Y-
3Y-
TTM84.24%

ROCE

10Y Avg-37.81%
5Y Avg-30.24%
3Y Avg-47.08%
Latest-24.49%

Peer Comparison

E-commerce & Ticket Marketplaces
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SEATVivid Seats Inc.69.82M6.515.818.8%-24.08%-46.21%71.17%0.66
SEGGLottery.com Inc.5.13M1.00-0.03-84.82%-22.91%-47.52%0.27
TCToken Cat Limited17.75M9.00-0.14-69.71%-403.81%-448.65%
UPXIUpexi, Inc.139.69M2.21-1.28-39.19%264.27%29.55%0.31
GRPNGroupon, Inc.680.2M16.69-11.05-4.34%-28.52%-159.75%5.88%6.16

Profit & Loss

Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+2.21M7.41M24.1M23.07M36.44M26M15.81M
Revenue Growth %-2.36%2.25%-0.04%0.58%-0.29%-0.39%
Cost of Goods Sold+1.17M4.84M12.2M8.2M15.42M13.18M4.94M
COGS % of Revenue0.53%0.65%0.51%0.36%0.42%0.51%0.31%
Gross Profit+1.04M2.57M11.9M14.87M21.02M12.82M10.87M
Gross Margin %0.47%0.35%0.49%0.64%0.58%0.49%0.69%
Gross Profit Growth %-1.48%3.63%0.25%0.41%-0.39%-0.15%
Operating Expenses+1.63M7.41M10.47M21.36M33.3M35.29M23.37M
OpEx % of Revenue0.74%1%0.43%0.93%0.91%1.36%1.48%
Selling, General & Admin1.63M7.41M8.51M16.1M26.07M22.54M22.99M
SG&A % of Revenue0.74%1%0.35%0.7%0.72%0.87%1.45%
Research & Development0000000
R&D % of Revenue-------
Other Operating Expenses-1.05K01.96M5.25M7.23M12.74M382.29K
Operating Income+-589.05K-4.84M1.43M-6.49M-12.28M-22.46M-12.5M
Operating Margin %-0.27%-0.65%0.06%-0.28%-0.34%-0.86%-0.79%
Operating Income Growth %--7.21%1.29%-5.55%-0.89%-0.83%0.44%
EBITDA+-553.56K-4.23M2.46M-4.93M-8.8M-18.78M-11.74M
EBITDA Margin %-0.25%-0.57%0.1%-0.21%-0.24%-0.72%-0.74%
EBITDA Growth %--6.64%1.58%-3.01%-0.78%-1.13%0.37%
D&A (Non-Cash Add-back)35.49K611.35K1.03M1.55M3.48M3.68M757.76K
EBIT-589.05K-4.84M1.43M-6.49M-12.28M-13.4M-12.77M
Net Interest Income+3.07K-138.41K-530.45K-202.12K-4.72M-3.12M-1.17M
Interest Income3.07K000000
Interest Expense0138.41K530.45K202.12K4.72M3.12M1.17M
Other Income/Expense2.01K-546.54K269.4K101.08K-4.68M-3.14M-1.18M
Pretax Income+-587.04K-5.38M1.7M-6.39M-16.96M-25.6M-13.68M
Pretax Margin %-0.27%-0.73%0.07%-0.28%-0.47%-0.98%-0.87%
Income Tax+-2.01K0-1.28M-518.4K-3.05M-332.1K0
Effective Tax Rate %1%1%1.76%0.33%1%0.92%1%
Net Income+-585.03K-5.38M2.98M-2.1M-16.93M-23.66M-13.68M
Net Margin %-0.26%-0.73%0.12%-0.09%-0.46%-0.91%-0.87%
Net Income Growth %--8.2%1.55%-1.71%-7.06%-0.4%0.42%
Net Income (Continuing)-587.04K-5.38M2.98M-5.87M-13.91M-25.27M-13.68M
Discontinued Operations0003.82M-1.37M1.16M0
Minority Interest1.66M1.95M054.82K-505.15K00
EPS (Diluted)+-0.04-0.414.20-0.13-16.46-24.16-1.73
EPS Growth %--9.2%11.24%-1.03%-125.62%-0.47%0.93%
EPS (Basic)-0.04-0.415.00-0.13-16.46-24.16-1.73
Diluted Shares Outstanding14.54M14.54M712.9K16.22M17.88M1.03M7.91M
Basic Shares Outstanding14.54M14.54M596.52K16.22M17.88M1.03M7.91M
Dividend Payout Ratio-------

Balance Sheet

Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+5.12M2.65M18.29M17.06M30.01M11.42M56.78M
Cash & Short-Term Investments3.7M887.52K14.53M7.15M4.49M661.41K2.98M
Cash Only3.7M887.52K14.53M7.15M4.49M661.41K2.98M
Short-Term Investments0000000
Accounts Receivable147.72K165.15K1.28M2.16M2.12M4.82M2.39M
Days Sales Outstanding24.428.1319.3534.121.1967.6655.21
Inventory1.14M1.45M2.09M6.45M4.8M1.43M1.15M
Days Inventory Outstanding354.48109.1762.7287.45113.7139.6685.12
Other Current Assets00167.67K1.09M18.1M4.07M49.91M
Total Non-Current Assets+2.39M3.75M8.96M31.43M33.79M12.09M67.03M
Property, Plant & Equipment262.01K1.98M3.25M8.97M3.24M4.78M3.79M
Fixed Asset Turnover8.43x3.74x7.41x2.57x11.24x5.44x4.17x
Goodwill493.1K493.1K2.41M8.3M2.89M848.85K848.85K
Intangible Assets1.63M1.24M1.85M12.05M6.92M239.87K163.11K
Long-Term Investments0000000
Other Non-Current Assets-2.39M37.07K49.07K100.37K15.13M278.44K56.28M
Total Assets+7.5M6.4M27.25M48.49M63.8M23.51M123.81M
Asset Turnover0.29x1.16x0.88x0.48x0.57x1.11x0.13x
Asset Growth %--0.15%3.26%0.78%0.32%-0.63%4.27%
Total Current Liabilities+1.11M3.52M5.82M10.13M22.39M12.66M32.56M
Accounts Payable271.06K484.33K1.6M1.57M1.03M481.65K1.04M
Days Payables Outstanding84.4336.548.0370.0224.3513.3476.74
Short-Term Debt01.68M447.1K5.69M12.32M8.08M25.94M
Deferred Revenue (Current)255.63K473.32K485.97K335.2K0235.25K13.15K
Other Current Liabilities486.62K221.66K2.06M1.79M5.35M1.2M3.47M
Current Ratio4.62x0.75x3.14x1.68x1.34x0.90x1.74x
Quick Ratio3.59x0.34x2.78x1.05x1.13x0.79x1.71x
Cash Conversion Cycle294.4780.834.03251.53110.5593.9763.59
Total Non-Current Liabilities+0703.39K217.43K9.58M13.57M4.34M1.15M
Long-Term Debt0365.35K08.88M13.57M2.61M0
Capital Lease Obligations0338.04K217.43K700.41K01.73M1.15M
Deferred Tax Liabilities0000000
Other Non-Current Liabilities0000000
Total Liabilities1.11M4.22M6.04M19.7M35.96M17M33.71M
Total Debt+02.85M864.06K15.45M26.34M13.45M27.78M
Net Debt-3.7M1.96M-13.67M8.3M21.85M12.79M24.8M
Debt / Equity-1.31x0.04x0.54x0.95x2.06x0.31x
Debt / EBITDA--0.35x----
Net Debt / EBITDA---5.56x----
Interest Coverage--34.96x2.69x-32.11x-2.60x-7.19x-10.65x
Total Equity+6.4M2.18M21.22M28.79M27.84M6.52M90.1M
Equity Growth %--0.66%8.74%0.36%-0.03%-0.77%12.83%
Book Value per Share0.440.1529.761.771.566.3411.38
Total Shareholders' Equity4.74M225.58K21.22M28.73M28.34M6.52M90.1M
Common Stock9.65K10.22K15.26K16.71K1.01K11383
Retained Earnings-1.72M-7.1M-4.17M-6.27M-23.2M-46.86M-60.54M
Treasury Stock0000000
Accumulated OCI0000000
Minority Interest1.66M1.95M054.82K-505.15K00

Cash Flow

Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+-1.19M-4.16M2.94M521.87K202.68K-101.38K-8.42M
Operating CF Margin %-0.54%-0.56%0.12%0.02%0.01%-0%-0.53%
Operating CF Growth %--2.49%1.71%-0.82%-0.61%-1.5%-82.09%
Net Income-587.04K-5.38M2.98M-2.1M-16.93M-25.27M-13.68M
Depreciation & Amortization67.57K611.35K1.03M2.73M3.54M3.68M757.76K
Stock-Based Compensation604.56K372.77K611.43K3.33M3.66M00
Deferred Taxes00-1.28M-1.06M0-344.8K0
Other Non-Cash Items11.78K568.88K123.65K924.9K11.36M18.94M2.57M
Working Capital Changes-1.29M-334.06K-521.93K-3.31M-1.44M2.89M1.93M
Change in Receivables-54.47K-250.16K-1.14M-17.31K-364.67K675.71K-484.58K
Change in Inventory-620.37K-310.38K-846.66K-2.45M-1.37M2.65M-470.19K
Change in Payables-665.66K277.98K1.97M-430.51K0-944.02K2.87M
Cash from Investing+-1.67M-1.46M-1.28M-11.61M-2.57M-3.38M-99.29M
Capital Expenditures-219.45K-1.93M-1.42M-6.15M-937.56K-932.57K-387.76K
CapEx % of Revenue0.1%0.26%0.06%0.27%0.03%0.04%0.02%
Acquisitions-------
Investments-------
Other Investing0466.11K79K6K2.94M-4M0
Cash from Financing+6.46M2.82M11.99M3.7M-285.33K-353.79K110.03M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing1.79M298.8K001.28M00
Net Change in Cash-------
Free Cash Flow+-1.41M-6.09M1.52M-5.63M-734.89K-1.03M-8.81M
FCF Margin %-0.64%-0.82%0.06%-0.24%-0.02%-0.04%-0.56%
FCF Growth %--3.31%1.25%-4.71%0.87%-0.41%-7.52%
FCF per Share-0.10-0.422.13-0.35-0.04-1.01-1.11
FCF Conversion (FCF/Net Income)2.04x0.77x0.99x-0.25x-0.01x0.00x0.62x
Interest Paid02.52K064.46K2.28M00
Taxes Paid000656K000

Key Ratios

Metric2019202020212022202320242025
Return on Equity (ROE)-9.15%-125.55%25.46%-8.4%-59.8%-137.74%-28.33%
Return on Invested Capital (ROIC)-16.37%-106.12%18.31%-21.81%-21.23%-48.83%-13.97%
Gross Margin46.93%34.67%49.38%64.47%57.68%49.32%68.74%
Net Margin-26.5%-72.63%12.36%-9.11%-46.46%-90.99%-86.55%
Debt / Equity-1.31x0.04x0.54x0.95x2.06x0.31x
Interest Coverage--34.96x2.69x-32.11x-2.60x-7.19x-10.65x
FCF Conversion2.04x0.77x0.99x-0.25x-0.01x0.00x0.62x
Revenue Growth-235.72%225.04%-4.27%57.99%-28.65%-39.19%

Frequently Asked Questions

Growth & Financials

Upexi, Inc. (UPXI) reported $20.7M in revenue for fiscal year 2025. This represents a 837% increase from $2.2M in 2019.

Upexi, Inc. (UPXI) saw revenue decline by 39.2% over the past year.

Yes, Upexi, Inc. (UPXI) is profitable, generating $54.7M in net income for fiscal year 2025 (-86.5% net margin).

Dividend & Returns

Upexi, Inc. (UPXI) has a return on equity (ROE) of -28.3%. Negative ROE indicates the company is unprofitable.

Upexi, Inc. (UPXI) had negative free cash flow of $24.1M in fiscal year 2025, likely due to heavy capital investments.

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