Pacific Sports Exchange Inc. Stock Analysis PSPX

Pacific Sports Exchange, Inc. engages in the reselling of new and used tennis and golf equipment. The company is headquartered in Portland, Oregon. The company went IPO on 2022-10-03. The firm sources new and used equipment and sells it online. The target market is an avid domestic or international customer that is serious about his/her golf or tennis game and returning to the Company for future purchases. The firm operates as an online-only retailer and utilizes eBay Inc. (eBay) as its prime marketing channel. The firm also optimizes its Website for global search terms and internal vending equipment for a worldwide market. The firm relies on eBay, a third-party marketplace, to facilitate its sales. The company specializes in the reselling of new and used tennis and golf equipment, including reselling used golf carts and engaging in consignment sales of tennis rackets and golf carts. To source in-demand equipment, it has established relationships with local Southwest Florida sports retailers to purchase their surplus end-of-season inventory and trade-ins.