1847 Holdings LLC Reports Audited 2025 Results: Record Revenue Growth, Profitability, and Strategic Alternatives Considered

NEW YORK, NY – March 31, 2026 – 1847 Holdings LLC (OTC: LBRA), a diversified acquisition holding company, has reported its audited financial results for the fiscal year ended December 31, 2025. The results reflect a significant turnaround and robust growth across all major metrics, marking a potentially transformative period for the company and its shareholders.

Key Financial Highlights

• Revenue soared by 207% to \$48.3 million in 2025, up from \$15.7 million in 2024.
• Gross profit increased by 208% to \$23.9 million from \$7.8 million.
• Operating income reached \$4.0 million, a dramatic improvement from a loss of \$12.0 million last year.
• Net income from continuing operations was a strong \$66.5 million versus a net loss of \$106.8 million in 2024.
• Adjusted EBITDA improved to \$9.8 million from a loss of \$3.3 million.
• CMD (a key subsidiary) delivered \$40.5 million in revenue, up 32% year-over-year (pro forma), and its Adjusted EBITDA nearly doubled to \$14.3 million from \$7.7 million.
• Kyle’s revenue rose 24% to \$6.6 million, with Adjusted EBITDA more than doubling from \$0.6 million to \$1.1 million.
• CMD’s bid pipeline now exceeds \$160 million, the largest in its history, offering substantial future revenue potential.

Important Developments and Shareholder-Relevant Information

• Strategic Alternatives for CMD: Management announced it is actively evaluating strategic alternatives for CMD, including refinancing or a potential sale of CMD at what they believe could be an attractive valuation. The primary goal is to use proceeds to retire convertible debt and unlock significant value for shareholders. This could be a major catalyst for share price movement depending on the outcome and valuation achieved.
• CMD’s Record Pipeline: CMD has a bid pipeline exceeding \$160 million, offering visibility into future growth. While there is no guarantee that bids will convert to revenue, the scale of the pipeline is unprecedented for the company.
• Company-Wide Operational Improvements: 1847 Holdings took decisive action to streamline its corporate structure, reduce overhead, and improve capital allocation. Operating expenses were lowered, and the company shifted focus towards high-growth opportunities and increased efficiency across subsidiaries.
• Broader Portfolio Trends: Kyle’s continued its growth and profitability improvements. WOLO and ICD are being repositioned to capture new opportunities in e-commerce logistics and construction markets, respectively.
• Turnaround in Net Income: The significant swing to net income was primarily driven by a massive gain on the change in fair value of warrant liabilities (\$76.9 million), alongside strong operating results from CMD. While this gain is non-cash and non-recurring, shareholders should note its impact on the bottom line.
• Adjusted EBITDA Across Subsidiaries:
  • CMD: Adjusted EBITDA of \$14.3 million (up 84% pro forma).
  • Kyle’s: Adjusted EBITDA of \$1.13 million (up 101%).
  • ICD: Adjusted EBITDA of \$(0.38) million (down from \$0.57 million).
  • WOLO: Adjusted EBITDA of \$(0.60) million (down from \$(0.47) million).
• Cost and Expense Management: Total operating expenses increased to \$44.3 million from \$27.7 million, but this was more than offset by the surge in revenues and improved gross profits.

Detailed Financial Data (FY 2025 vs. FY 2024)

Management Commentary

“Throughout 2025, our operating companies delivered meaningful progress, with CMD emerging as a major contributor. CMD’s revenue grew by roughly 32% year-over-year (pro forma), and Adjusted EBITDA nearly doubled, underscoring the business’s ability to scale efficiently. Entering 2026, CMD is supported by recent contract awards and a record bid pipeline exceeding \$160 million, providing increased visibility into future revenue opportunities. We are also evaluating potential strategic alternatives for CMD to unlock significant value for our shareholders.”

– Ellery W. Roberts, CEO

About 1847 Holdings LLC

1847 Holdings LLC is a diversified acquisition holding company focused on acquiring and strengthening small and lower-middle-market businesses overlooked by capital markets. The company’s strategy is to acquire “solid” businesses at reasonable multiples, improve their infrastructure and systems, and either hold them for dividends or sell/IPO them at higher valuations.

Potential Share Price Drivers

• Potential sale or refinancing of CMD at a strong valuation could be highly accretive to shareholders and may drive significant share price movement.
• Record operational results and pipeline growth at CMD and Kyle’s position 1847 Holdings for continued growth in 2026.
• Decisive cost management and improved efficiency could drive further profitability and shareholder value.
• Non-recurring gains (notably from warrant liabilities) are a factor in 2025’s net income but may not repeat, which is important for shareholder expectations.

Forward-Looking Statements

This article contains forward-looking statements regarding the future expectations, plans, and prospects of 1847 Holdings LLC. Actual results may differ materially due to a variety of risks and uncertainties, including those detailed in the company’s filings with the SEC. Investors are urged to review all relevant disclosures before making investment decisions.

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