Eightco Holdings Inc. (NASDAQ: OCTO) is committed to growth focused around its existing subsidiaries, Forever 8, an inventory management platform for e-commerce sellers, and Ferguson Containers, a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions. Through a combination of innovative strategies and focused execution, Eightco Holdings Inc. aims to create significant value and growth for its portfolio companies and shareholders.
Company profile
Ticker
OCTO
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Cryptyde, Inc.
SEC CIK
Subsidiaries
Ferguson Containers, Inc. • Blockhiro, LLC • CW Machines, LLC • Cryptyde Shared Services, LLC • Forever 8 Fund, LLC • F8 Fund EU Holding B.V. • F8 Fund EU BV • Forever 8 UK Ltd ...
IRS number
872755739
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
19 Apr 24
8-K
Eightco Announces Product Expansion in Forever 8’s Apple Products Business
17 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
12 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
2 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Eightco announces Paul Vassilakos as Executive Chairman and Chief Executive Officer and Certain Balance Sheet
18 Mar 24
D
$810.00 k in equity, sold $810.00 k, 12 investors
27 Feb 24
8-K
Eightco announces early repayment of debt, private placement and certain changes at the parent company level
26 Feb 24
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
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Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.51 mm | 6.51 mm | 6.51 mm | 6.51 mm | 6.51 mm | 6.51 mm |
Cash burn (monthly) | 238.75 k | 93.11 k | 1.15 mm | 5.85 mm | 341.88 k | 687.09 k |
Cash used (since last report) | 1.62 mm | 631.90 k | 7.81 mm | 39.68 mm | 2.32 mm | 4.66 mm |
Cash remaining | 4.89 mm | 5.88 mm | -1.30 mm | -33.17 mm | 4.19 mm | 1.85 mm |
Runway (months of cash) | 20.5 | 63.1 | -1.1 | -5.7 | 12.3 | 2.7 |
Institutional ownership, Q3 2023
20.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 25 |
Opened positions | 4 |
Closed positions | 8 |
Increased positions | 4 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 139.19 mm |
Total shares | 1.77 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BHP Capital NY | 1.50 mm | $0.00 |
Hudson Bay Capital Management | 166.00 k | $89.96 mm |
Vanguard | 33.31 k | $18.75 mm |
Citadel Advisors | 21.82 k | $12.34 mm |
Geode Capital Management | 16.18 k | $9.15 mm |
HRT Financial | 12.02 k | $6.00 k |
Tower Research Capital | 8.92 k | $5.02 mm |
BLK Blackrock | 5.64 k | $3.18 mm |
Group One Trading | 605.00 | $342.00 k |
MS Morgan Stanley | 346.00 | $195.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Mar 24 | Kevin J O'Donnell | Common Stock | Grant | Acquire A | No | No | 0 | 42,500 | 0.00 | 159,638 |
17 Mar 24 | Kevin J O'Donnell | Stock Option Common Stock | Grant | Acquire A | No | No | 0.82 | 100,000 | 82.00 k | 100,000 |
17 Mar 24 | Foreman Louis | Common Stock | Grant | Acquire A | No | No | 0 | 42,500 | 0.00 | 129,332 |
17 Mar 24 | Foreman Louis | Stock Option Common Stock | Grant | Acquire A | No | No | 0.82 | 100,000 | 82.00 k | 100,000 |
17 Mar 24 | Frank D Jennings | Common Stock | Grant | Acquire A | No | No | 0 | 42,500 | 0.00 | 128,681 |
17 Mar 24 | Frank D Jennings | Stock Option Common Stock | Grant | Acquire A | No | No | 0.82 | 100,000 | 82.00 k | 100,000 |
17 Mar 24 | Mary Ann Halford | Common Stock | Grant | Acquire A | No | No | 0 | 42,500 | 0.00 | 128,531 |
17 Mar 24 | Mary Ann Halford | Stock Option Common Stock | Grant | Acquire A | No | No | 0.82 | 100,000 | 82.00 k | 100,000 |
17 Mar 24 | Brett Earl James Vroman | Stock Option Common Stock | Grant | Acquire A | No | No | 0.82 | 210,028 | 172.22 k | 210,028 |
News
Eightco Announces Product Expansion In Forever 8's Apple Products Business
17 Apr 24
Eightco Announces Early Repayment Of Debt, Private Placement Priced At A Purchase Price Of $0.82 Per Share And Issued To Certain Investors Promissory Notes; Announces Certain Changes At The Parent Company Level
26 Feb 24
Press releases
Investors Bullish After Eightco Holdings Reports YoY Revenue Surge To $75.3 Million, 137% Higher Than 2022
18 Apr 24
Eightco announces Full-Year 2023 Financial Results
2 Apr 24
Eightco announces Paul Vassilakos as Executive Chairman and Chief Executive Officer and Certain Balance Sheet Improvements
18 Mar 24
Eightco announces early repayment of debt, private placement and certain changes at the parent company level
26 Feb 24