1847 Holdings LLC

1847 Holdings LLC engages in the acquisition and management of small businesses in different industries. It operates through the following segments: Retail and Appliances, Construction, and Automotive Supplies. The Retail and Appliances segment provides a wide variety of appliance services including sales, delivery, installation, service and repair, extended warranties, and financing. The Construction segment offers doors, door frames, base boards, crown molding, cabinetry, bathroom sinks and cabinets, bookcases, built-in closets, and fireplace mantles. The Automotive Supplies segment designs and sells horn and safety products and provides vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles. The company was founded by Ellery W. Roberts on January 22, 2013 and is headquartered in New York, NY.

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NEW YORK, NY / ACCESSWIRE / April 18, 2024 / When it comes to deal-making, capital raises and share buying, 1847 Holdings LLC (AMEX:EFSH) had a busy first quarter of 2024. The New York City publicly traded diversified acquisition holding company is making a name for itself, acquiring small businesses and then deploying resources to strengthen the enterprise and improve operations, with an eye toward spinning them out or growing them internally.

First Quarter In The Bag: A Look At All The Milestones 1847 Holdings Hit So Far This Year

Gross profit increases 99.8% in Q4 2023 vs Q4 2022 NEW YORK, NY / ACCESSWIRE / April 17, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update and reported financial results for the year-ended December 31, 2023. Key Financial Highlights Total Revenue was $15.1M in Q4 2023 compared to $9.5M in Q4 2022, a 59.2% year-over-year increase Gross profit was $2.7M in Q4 2023 compared to $1.4M in Q4 2022, a 99.8% year-over-year increase Gross margin increased 370 basis points to 18.2% in Q4 2023, compared to 14.5% for the same period last year Total revenue was $68.7M for the year-ended December 31, 2023, compared to $48.9M for the year-ended December 31, 2022, a 40.4% year-over-year increase Gross profit was $23.5M for the year-ended December 31, 2023 compared to $15.7M for the year-ended December 31, 2022, a 49.9% year-over-year increase Gross margin increased 220 basis points to 34.3% in 2023, compared to 32.1% for the same period last year Mr.

1847 Reports 59.2% Increase in Revenue to $15.1 Million for the Fourth Quarter of 2023

NEW YORK, NY / ACCESSWIRE / April 11, 2024 / From investments to revenue generation, diversification is key to growing a business, and that seems to be true when it comes to ICU Eyewear Holdings Inc., a subsidiary of private equity holding firm 1847 Holdings LLC (AMEX:EFSH). The online purveyor of sunglasses, readers and anti-blue light glasses recently announced it has geographically diversified its manufacturing operations beyond mainland China to now include both the Philippines and a manufacturing partner in the U.S. That's a big deal for ICU Eyewear.

ICU Eyewear Diversifies Its Manufacturing With The Help Of 1847 Holdings - Move Expected To Reduce Costs "Significantly"

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced the execution of a non-binding Letter of Intent to acquire a large, established millwork, cabinetry and door manufacturer based in Las Vegas, NV. The Las Vegas-based target generated approximately $28.6 million in revenues (unaudited), approximately $4.5 million in net income (unaudited) and approximately $5.2 million in adjusted EBITDA (unaudited) in 2023 and currently has almost a year's worth of contracted backlog booked for 2024.

1847 Holdings to Acquire a Commercial Cabinet, Door & Millwork Manufacturer with Revenues of $28.6 Million and $5.2 Million of EBITDA in 2023

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / 1847 Holdings LLC("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, reminds shareholders to visit the Company's website at https://portal.1847holdings.com/login, if you would like to receive an electronic copy of your Schedule K-1. If you do not register to receive a copy of the Schedule K-1 electronically, a hard copy of your Schedule K-1 will be mailed to the address on record.

1847 Reminds Shareholders to Visit the Company's Website to Receive Schedule K-1 Electronically

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, filed a Request for Withdrawal with the SEC on March 22, 2024 relating to withdrawal of the Company's Registration Statement on Form S-3, filed with the Commission on February 1, 2023. The registration statement, which covered shares issuable upon the exercise of a warrant that was declared as a dividend, is no longer needed because those shares may now be issued under an exemption from the registration requirements of the Securities Act.

1847 Holdings Request for Withdrawal of Registration Statement on Form S-3

NEW YORK, NY / ACCESSWIRE / March 20, 2024 / When it comes to successfully spinning off companies, Ellery Roberts knows a thing or two about that. As the Chief Executive of 1847 Holdings LLC.

INTERVIEW: Benzinga Sits Down With Diversified Holding Company 1847's (NYSE: EFSH) CEO To Discuss The Company's Wins, Its Strategies For Success And More

NEW YORK, NY / ACCESSWIRE / March 13, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, ICU Eyewear Holdings Inc. ("ICU"), has significantly enhanced its operations by geographically diversifying its manufacturing, beyond mainland China, to now include both the Philippines and a manufacturing partner in the U.S. As a result of the favorable pricing ICU has negotiated with its partners, and elimination of certain tariffs, ICU expects to significantly reduce its cost of goods. ICU's new manufacturing partner in the Philippines has commenced production, with the first shipments now being delivered to the U.S. Furthermore, ICU's new manufacturing partner in the U.S. will focus on specific product lines and is expected to commence production in the 4th quarter of 2024.

1847 Holdings' ICU Eyewear Subsidiary Diversifies Manufacturing to Reduce Production Costs and Fortify Supply Chain

Increases Store Count with its Largest Retail Partner to over 2200 Stores NEW YORK, NY / ACCESSWIRE / March 11, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, ICU Eyewear Holdings Inc. ("ICU"), has made significant advancements in its growth strategies expected to be realized throughout 2024. Committed to fostering both immediate and long-term growth, ICU has strategically focused on cultivating opportunities in key channels including Gift, Program, and Sports, alongside a robust emphasis on online sales.

1847 Holdings' ICU Eyewear Subsidiary Announces Strategic Expansion of Partnerships, Adding 300 New Locations with Leading US Retailer

NEW YORK, NY / ACCESSWIRE / March 8, 2024 / In a show of confidence, 1847 Holdings LLC. (NYSE:EFSH) Chief Executive Ellery Roberts recently acquired shares of his company.

INSIDER BUYING: CEO Ellery Roberts Picks Up Shares Of Acquisition Holding Company 1847

NEW YORK, NY / ACCESSWIRE / March 7, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided an update on its Wolo Manufacturing Corp. ("Wolo") subsidiary. The Company reports that Wolo revenue increased 40% in January and February of 2024, compared to the same period last year.

1847 Holdings' Wolo Manufacturing Subsidiary Achieves Record 40% Year-Over-Year Revenue Growth in the First Two Months of 2024

NEW YORK, NY / ACCESSWIRE / March 4, 2024 / 1847 Holdings LLC (AMEX:EFSH), a diversified acquisition holding company that acquires small businesses, is shoring up capital to increase shareholder value and position itself to grow and expand the portfolio of companies it owns. 1847 Holdings isn't your traditional private equity firm that creates funds comprising collective investor capital.

From Divestments To Capital Raises, Acquisition Holding Company 1847 Holdings Is Streamlining Business And Shoring Up Capital To Position Itself For Growth In 2024

NEW YORK, NY / ACCESSWIRE / March 4, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that Ellery W. Roberts, Chief Executive Officer of 1847 Holdings will present at the Sidoti & Company 2024 Small Cap Virtual Investor Conference being held virtually on March 13-14, 2024.

1847 Holdings to Present at Sidoti Spring 2024 Small Cap Virtual Investor Conference on March 14th

Rebranding Initiative Part of Planned Spin-Off of 1847 Cabinets NEW YORK, NY / ACCESSWIRE / February 29, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today the launch of its rebranding initiative of its subsidiary 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction. The brand will now be doing business as Signature Home Craft.

1847 Holdings Announces the Launch of its Rebranding Initiative of 1847 Cabinets Inc. to Signature Home Craft

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that its subsidiary 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction, has engaged Spartan Capital Securities, LLC ("Spartan"), a U.S. investment bank, to support a potential spin-off into a separate publicly traded company on a senior U.S. exchange, or other potential strategic transaction, in order to capitalize on 1847 Cabinet's internal growth and favorable outlook for the business. 1847 Cabinet Inc. is comprised of the businesses of Kyle's, High Mountain and Innovative Cabinets.

1847 Holdings Engages Spartan Capital to Pursue Spinoff or Strategic Transaction for 1847 Cabinets Inc.

$6.4 million of outstanding debt and liabilities have been eliminated over the past week; further strengthening the Company's balance sheet New York, New York--(Newsfile Corp. - February 23, 2024) - 1847 Holdings LLC (NYSE American: EFSH) ("1847" or the "Company"), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has successfully paid off $1.95 million in debt, following its recent public offering. Mr. Ellery W.

1847 Announces $1.95 Million Repayment of Convertible Notes

NEW YORK, NY / ACCESSWIRE / February 23, 2024 / Not every investment is going to be a slam dunk, but 1847 Holdings LLC (NYSE American:EFSH) seems to have some exits under its belt that prove how enough success can overshadow any losses. The publicly traded diversified acquisition holding company hailing out of New York City acquires small businesses with about $5 million of EBITDA and then deploys resources to strengthen the enterprise and improve operations.

1847 Holdings' Hunt For Small Business Gems: How This PE Firm Finds Its Diamonds In The Rough

High Mountain experienced unaudited 44.5% year-over-year increase in revenue in 2023 compared to 2022 NEW YORK, NY / ACCESSWIRE / February 22, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has secured a $1.0 million credit facility for its High Mountain Door & Trim Inc. ("High Mountain") subsidiary. High Mountain specializes in all aspects of finished carpentry products and services, including doors, door frames, base boards, crown molding, cabinetry, bathroom sinks and cabinets, bookcases, built-in closets, and fireplace mantles, among others, working primarily with large homebuilders of single-family homes, commercial and multi-family developers.

1847 Secures $1.0 Million Credit Facility to Address Accelerated Growth for its High Mountain Door & Trim Subsidiary

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced its decision to divest of its subsidiary, 1847 Asien Inc. ("1847 Asien"), which provides a wide variety of appliance services, as part of its strategic realignment and focus on core operations. The decision to dispose of 1847 Asien comes after a comprehensive review of 1847 Holdings' portfolio and strategic objectives.

1847 Announces Strategic Divesture of 1847 Asien Inc. Subsidiary; Significantly Enhancing Balance Sheet and Shareholder Value

NEW YORK, NY / ACCESSWIRE / February 14, 2024 / 1847 Holdings LLC (NYSE American:EFSH) ("1847 Holdings" or the "Company"), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today it has closed its previously announced public offering of securities for gross proceeds of $5.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The public offering was comprised of 5,000,000 common shares and/or pre-funded warrants in lieu of shares, priced at a public offering price of $1.00 for one common share or pre-funded warrant.

1847 Holdings LLC Announces Closing of $5.0 Million Public Offering

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / 1847 Holdings LLC (NYSE American:EFSH) ("1847 Holdings" or the "Company"), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has restated the financial results of its subsidiary ICU Eyewear Holdings, Inc. ("ICU") for the fiscal years ending December 31, 2021 and December 31, 2022. The financial impact of the restatement on ICU was a decrease in loss from operations of approximately $3.6 million for the year ended December 31, 2022, and an increase in total assets of $642,000, as well as a decrease in accumulated deficit as of December 31, 2022.

1847 Holdings Announces Positive Restatement of Financial Results for Subsidiary and Reduction in Loss from Operations of Approximately $3.6 Million and Increase in Assets of $642,000 for 2022

NEW YORK, NY / ACCESSWIRE / February 9, 2024 / 1847 Holdings LLC (NYSE American:EFSH) ("1847 Holdings" or the "Company"), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today the pricing of its "reasonable best efforts" public offering of securities for gross proceeds of $5.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The public offering is comprised of 5,000,000 common shares and/or pre-funded warrants in lieu of shares, priced at a public offering price of $1.00 for one common share or pre-funded warrant.

1847 Holdings LLC Announces Pricing of $5.0 Million Public Offering

1847 (NYSEMKT: EFSH ) stock is dropping on Thursday after the small business acquisitions and management company revealed plans for a public offering of its shares. A filing with the Securities and Exchange Commission (SEC) details the company's intentions with the offering.

Why Is 1847 (EFSH) Stock Down 17% Today?

NEW YORK, NY / ACCESSWIRE / January 24, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has secured a $750,000 credit facility for its Wolo Manufacturing Corp. ("Wolo") subsidiary. Wolo is a leading manufacturer and distributor of vehicle horns and safety products (electric, air, truck, marine, motorcycle and industrial equipment), and offers vehicle emergency and safety warning lights for cars, trucks, industrial equipment and emergency vehicles.

1847 Secures $750,000 Credit Facility for its Wolo Manufacturing Subsidiary

Reverse Split is a Key Element of Company's Strategic Initiatives as It Prepares for Next Generation of Its Acquisition Financings NEW YORK, NY / ACCESSWIRE / December 27, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it will effect a 1-for-4 reverse split ("reverse split") of its common shares that will become effective on January 8, 2024. 1847's common shares will continue to trade on NYSE American under the symbol "EFSH" and will begin trading on a split-adjusted basis when the market opens on January 8, 2024.

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