Gpo Plus Revenue, Net Income & 10-K Summary

Company profile

Incorporation: March 29, 2016 (originally Koldeck, Inc.), Nevada
Public status: Publicly traded, ticker GPOX
Headquarters: 3571 E. Sunset Road, Suite 300, Las Vegas, NV 89120
Phone: 702-840-1020
Website: gpoplus.com (Investor Relations: gpoplus.com/ir)
Subsidiaries: None (as of the date of the Annual Report)
Legal: Not involved in any pending legal proceedings (as of the date of the Annual Report)

Core business: Direct Store Delivery (DSD) distribution for convenience stores and gas stations
Strategy and offerings:
- Works with retailers weekly to curate assortments of fast-moving consumer goods (FMCG)
- Maintains shelves, manages inventory, and supports retailer profitability
- Partners directly with manufacturers and vendors; may produce proprietary branded products
- Positions itself as a partner to retailers and vendors, offering operational support and category management
Operational network: Regional Hubs and Mini Hubs to extend reach and improve service quality
Growth aspiration: Plans nationwide expansion with a target to serve over 20,000 locations (targeted for 2025 and beyond)

PRISM+ (Predictive Route, Inventory, and Service Management): In-house platform for delivery routing, inventory management, data analytics, and service execution

Expands top-selling product lines to meet the needs of gas stations and convenience stores
Pursues partnerships with vendors and manufacturers informed by market research
Manufactures some products in-house and operates private label programs to support retailer category management

Wholesale markup + volume discounts
- Purchases from manufacturers at wholesale or discounted prices and sells to retailers at a markup
- Primary revenue source is the gross margin between purchase cost and retail price
Manufacturing
- In-house product manufacturing with higher margins than wholesale purchases
- Profitability comes from the spread between manufacturing costs and selling prices
Delivery/distribution fees
- Charges weekly DSD delivery fees to retailers
- May purchase and stage inventory in Regional/Mini Hubs, earning a margin on delivered items

2023 U.S. market: approximately 152,396 convenience stores and gas stations
- Independent stores: 96,161 (63.1% of total)
- Industry revenues: about $860 billion ($532.2B motor fuel; $327.6B in-store sales)
Distribution landscape:
- 80–85% of products delivered by a few large distributors; 15–20% served by many regional vendors using drop-ship models
- GPOX targets the 15–20% fragmented segment to consolidate distribution through its weekly DSD model
- The Midwest is a priority territory for DSD coverage
Retailer value propositions:
- Inventory optimization and planogram integrity through weekly service
- Labor cost savings and improved space efficiency
- Data-driven insights for assortment and in-store promotions
- Support for private label programs and new-store launches
- Faster market feedback and mitigation of supply disruptions

Service scope: DSD operations across the Midwest with plans to expand nationally
Growth target: Expand to serve over 20,000 locations nationwide

Corporate office lease: 12-month term; $4,500 per month (payment split: $2,500 in common shares at a 10% discount to fair market value and $2,000 in cash)
Regional Distribution Hub — Lubbock, Texas
- Address: 512 East 42nd Street, Lubbock, TX 79404
- Size: ~9,940 sq. ft.
- Lease through December 31, 2024
- Monthly rent: $4,500
Real estate holdings: No investments in real estate mortgages or securities tied to real estate reported

Legal proceedings: Not involved in any pending legal proceedings (as of the date of the Annual Report)
Mine safety disclosures: Not applicable