---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-005738"
form_type: "8-K"
ticker: "PLNH"
cik: "0001813452"
company_name: "Planet 13 Holdings Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:32:50.894703+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Planet 13 Q4 2023 revenue $23M (-7.5% YoY), net loss $14.3M, Adjusted EBITDA $1.3M

## Summary
- Revenue $23.0M in Q4 2023, down 7.5% YoY from $24.8M; gross profit $11.0M, up 2.8% YoY.
- Net loss $14.3M vs $38.6M loss in Q4 2022; Adjusted EBITDA positive $1.3M vs -$0.6M prior year.
- Full year 2023 revenue $98.5M (-5.8%), net loss $73.6M; Adjusted EBITDA $1.9M vs -$7.5M in 2022.
- As of Dec 31, 2023: cash $11.9M, restricted cash $5.5M, total cash $17.4M, total debt $0.9M.
- Results are preliminary and unaudited; full Q4 and FY2023 earnings release scheduled for March 13, 2024.

## SEC filing metadata
- accession: 0001437749-24-005738
- form_type: 8-K
- ticker: PLNH
- cik: 0001813452
- company_name: Planet 13 Holdings Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/plnh20240220_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-005738
- JSON: https://secwatch.observer/filing/0001437749-24-005738.json
- Plain text: https://secwatch.observer/filing/0001437749-24-005738.txt

## Key facts
- Earnings Releases
  Planet 13 Holdings Inc. reported the fourth quarter ended December 31, 2023 results: revenue $ 23.0, net income $ (14.3 ).
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $ 23.0
  - Net income: $ (14.3 )
  - Result: preliminary results
  source text: Preliminary Unaudited Financial Highlights - Q4 2023 (Figures in millions For the Three Months Ended For the Full Year Ended and % change based December 31, December 31, December 31, December 31, on these figures) 2023 2022 change 2023 2022 change Total Revenue $ 23.0 $ 24.8 -7.5 % $ 98.5 $ 104.6 -5.8 % Gross Profit $ 11.0 $ 10.7 2.8 % $ 44.8 $ 48.0 -6.6 % Gross Profit % 47.8 % 43.0 % 11.2 % 46 % 46 % -0.8 % Operating Expenses $ 18.1 $ 45.9 -60.5 % $ 94.8 $ 80.9 17.1 % Operating Expenses % 79 % 185 % 96 % 77 % 24.3 % Net Loss Before Provision for Income Taxes $ (10.3 ) $ (37.7 ) nmf $ (62.1 ) $ (50.8 ) 22.2 % Net Loss $ (14.3 ) $ (38.6 ) nmf $ (73.6 ) $ (59.5 ) 23.6 % Adjusted EBITDA $ 1.3 $ (0.6 ) nmf $ 1.9 $ (7.5 ) nmf Adjusted EBITDA Margin % 5.6 % -3.2 % 1.9 % (7.2 )%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm
- Earnings Releases
  Planet 13 Holdings Inc. reported the full year ended December 31, 2023 results: revenue $ 98.5, net income $ (73.6 ).
  - Period: the full year ended December 31, 2023
  - Revenue: $ 98.5
  - Net income: $ (73.6 )
  - Result: preliminary results
  source text: Preliminary Unaudited Financial Highlights - Q4 2023 (Figures in millions For the Three Months Ended For the Full Year Ended and % change based December 31, December 31, December 31, December 31, on these figures) 2023 2022 change 2023 2022 change Total Revenue $ 23.0 $ 24.8 -7.5 % $ 98.5 $ 104.6 -5.8 % Gross Profit $ 11.0 $ 10.7 2.8 % $ 44.8 $ 48.0 -6.6 % Gross Profit % 47.8 % 43.0 % 11.2 % 46 % 46 % -0.8 % Operating Expenses $ 18.1 $ 45.9 -60.5 % $ 94.8 $ 80.9 17.1 % Operating Expenses % 79 % 185 % 96 % 77 % 24.3 % Net Loss Before Provision for Income Taxes $ (10.3 ) $ (37.7 ) nmf $ (62.1 ) $ (50.8 ) 22.2 % Net Loss $ (14.3 ) $ (38.6 ) nmf $ (73.6 ) $ (59.5 ) 23.6 % Adjusted EBITDA $ 1.3 $ (0.6 ) nmf $ 1.9 $ (7.5 ) nmf Adjusted EBITDA Margin % 5.6 % -3.2 % 1.9 % (7.2 )%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.