Upexi, Inc. (NASDAQ:UPXI) Q1 2023 Earnings Conference Call November 14, 2022 4:30 PM ET
Company Participants
Valter Pinto - Managing Director of KCSA Strategic Communications
Allan Marshall - Chief Executive Officer
Andrew Norstrud - Chief Financial Officer
Conference Call Participants
Benjamin Piggott - EF Hutton
Operator
Good afternoon. I will be your conference operator today. At this time, I would like to welcome everyone to the Upexi's 2023 Fiscal First Quarter Financial Results Conference Call. Please be advised that today's call is being recorded.
I will now turn the call over to Valter Pinto, Managing Director of KCSA Strategic Communications. Please go ahead.
Valter Pinto
Thank you, operator. Good evening, and welcome everyone to the Upexi 2023 fiscal first quarter financial results conference call. I'm joined today by Allan Marshall, Chief Executive Officer; and Andrew Norstrud, Chief Financial Officer.
Before we begin, I'd like to remind everyone that statements made during today's conference call may be deemed forward-looking statements within the meaning of the Safe Harbor of the Private Securities Litigation Reform Act of 1995 and actual results may differ materially due to a variety of risks, uncertainties, and other factors. For a detailed discussion of some of the ongoing risks and uncertainties in the Company's business, I will refer you to the press release issued this evening and filed with the SEC on Form 8-K, as well as the Company's reports filed periodically with the SEC. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law.
In addition, during the course of this call, we may refer to non-GAAP financial measures that are not prepared in accordance with accounting principles generally accepted in the United States, and then may be different from non-GAAP financial measures used by other companies. Investors are encouraged to review Upexi's current report on Form 8-K furnished with the SEC for Upexi's reasons for including these non-GAAP financial measures and its earnings release. The reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures are contained in our earnings release issued this evening, unless otherwise noted here within.
I'd now like to turn the call over to Upexi's CEO, Allan Marshall.
Allan Marshall
Thank you, and welcome to our 2023 first quarter operating results conference call. Upexi is a vertically integrated brand owner in multiple high growth industry verticals including health, wellness, pet, beauty, and most recently toys. Our model is to acquire, build and scale through direct-to-consumer and Amazon sales channels. Brands we acquire are accretive with room for margin expansion as we scale and drive operational efficiencies.