---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007635"
form_type: "8-K"
ticker: "PLNH"
cik: "0001813452"
company_name: "Planet 13 Holdings Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:28:38.632056+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Planet 13 Q4 2023 revenue $23M, net loss $14.3M; Adjusted EBITDA positive $1.3M

## Summary
- Q4 2023 revenue $23.0M down 7.5% YoY from $24.8M; net loss $14.3M includes $7.2M non-cash impairment.
- Full-year 2023 revenue $98.5M down 5.8% YoY; net loss $73.6M includes $46.8M impairment.
- Q4 2023 Adjusted EBITDA $1.3M (5.6% margin) vs -$0.6M in Q4 2022; full-year Adj. EBITDA $1.4M.
- Gross margin improved to 47.8% in Q4 2023 from 43.0% in Q4 2022 due to reduced discounting.
- Recent developments include acquisition of VidaCann, Illinois dispensary opening, and $17.3M cash on hand.

## SEC filing metadata
- accession: 0001437749-24-007635
- form_type: 8-K
- ticker: PLNH
- cik: 0001813452
- company_name: Planet 13 Holdings Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1813452/000143774924007635/0001437749-24-007635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1813452/000143774924007635/plnh20231121_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007635
- JSON: https://secwatch.observer/filing/0001437749-24-007635.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007635.txt

## Key facts
- Earnings Releases
  Planet 13 Holdings Inc. reported Full Year 2023 results: revenue $98.5 million, net income Net loss of $73.6 million.
  - Period: Full Year 2023
  - Revenue: $98.5 million
  - Net income: Net loss of $73.6 million
  - Result: reported results
  source text: Revenues were $98.5 million as compared to $104.6 million, a decrease of 5.8%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924007635/0001437749-24-007635-index.htm
- Earnings Releases
  Planet 13 Holdings Inc. reported Q4 2023 results: revenue $23.0 million, net income Net loss of $14.3 million.
  - Period: Q4 2023
  - Revenue: $23.0 million
  - Net income: Net loss of $14.3 million
  - Result: reported results
  source text: Planet 13 Announces Q4 2023 Financial Results ● Q4 2023 Revenue of $23.0 million ● Q4 2023 Net loss of $14.3 million, which included a non-cash impairment loss of $7.2 million ● Q4 2023 Adjusted EBITDA of $1.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924007635/0001437749-24-007635-index.htm

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