Planet 13 Q2 revenue down 9% to $25.8M, net loss widens to $4.3M

Planet 13 Holdings Inc.

Revenue $25.8M, down 9.1% YoY from $28.4M; net loss $4.3M vs $2.0M.
Gross profit margin 46.0% vs 48.7%; adjusted EBITDA $3.0M vs $2.9M.
Cash $40.5M, down 22.7% from year-end; total assets $222.7M.
Received Nevada conditional consumption lounge license; Illinois dispensary progress.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Planet 13 Holdings Inc. reported Q2 2023 results: revenue $25.8 million, net income Net loss of $4.3 million.

Period: Q2 2023
Revenue: $25.8 million
Net income: Net loss of $4.3 million
Result: reported results

Exact text from the filing

Planet 13 Announces Q2 2023 Financial Results ● Q2 2023 Revenue of $25.8 million, compared to $24.9 million in Q1 2023 ● Q2 2023 Net loss of $4.3 million ● Q2 2023 Adjusted EBITDA of $3.0 million

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Planet 13 Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-022810

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