PublicSquare Says FY24 Revenue, Profitability, And Cash Position Outlook Remain Unchanged
Portfolio Pulse from Benzinga Newsdesk
PublicSquare has announced that its FY24 revenue, profitability, and cash position outlook remain unchanged. The company expects year-end 2024 exit run-rate revenue to be between $47 million and $53 million. EveryLife and Credova are both expected to be cash flow positive in 2024. PublicSquare will focus on developing and growing PSQPayments and expects to end 2024 with $8.0 million to $10.0 million in cash on the balance sheet.
May 15, 2024 | 10:39 am
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POSITIVE IMPACT
PublicSquare maintains its FY24 outlook with expected revenue between $47M-$53M. EveryLife and Credova to be cash flow positive in 2024. Focus on PSQPayments development.
The reaffirmation of the FY24 outlook and the positive cash flow expectations for EveryLife and Credova are positive indicators for PublicSquare. The focus on developing PSQPayments suggests potential growth opportunities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100