---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015707"
form_type: "8-K"
ticker: "PLNH"
cik: "0001813452"
company_name: "Planet 13 Holdings Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:45:57.309008+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Planet 13 Q1 revenue $22.9M (-8.2% YoY); net loss narrows to $5.9M; Adj EBITDA near break-even

## Summary
- Q1 2024 revenue of $22.9M, down 8.2% from $24.9M in Q1 2023.
- Net loss improved to $5.9M from $8.5M; Adj EBITDA loss essentially $0.0M vs -$1.3M.
- Gross margin increased to 45.8% from 43.7%, driven by reduced discounting.
- Cash rose to $20.8M from $11.8M; VidaCann acquisition and DAZED! lounge opening support growth plan.
- No specific guidance change; management highlights potential benefit from cannabis rescheduling.

## SEC filing metadata
- accession: 0001437749-24-015707
- form_type: 8-K
- ticker: PLNH
- cik: 0001813452
- company_name: Planet 13 Holdings Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1813452/000143774924015707/0001437749-24-015707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1813452/000143774924015707/plnh20240319_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015707
- JSON: https://secwatch.observer/filing/0001437749-24-015707.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015707.txt

## Key facts
- Earnings Releases
  Planet 13 Holdings Inc. reported the three-month period ended March 31, 2024 results: revenue $22.9 million, net income $5.9 million.
  - Period: the three-month period ended March 31, 2024
  - Revenue: $22.9 million
  - Net income: $5.9 million
  - Result: reported results
  source text: Planet 13 Announces Q1 2024 Financial Results ● Q1 2024 Revenue of $22.9 million ● Q1 2024 Net loss of $5.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924015707/0001437749-24-015707-index.htm

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