---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-012351"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:58:01.932482+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Safe Harbor Financial reports record 2023 revenue $17.6M (+85% YoY); net loss narrows to $17.3M

## Summary
- Annual revenue $17.6M, up 85.3% YoY; Loan Book Value $55.6M, up 194.2%.
- Adjusted EBITDA $3.6M, up 176.9% from $1.3M in 2022.
- Q4 2023 net income $2.5M vs net loss $37.0M in Q4 2022; revenue $4.5M, up 25%.
- Full-year net loss $17.3M vs $35.1M loss in 2022, driven by goodwill and impairment charges.
- Terminated agreement with Central Bank in H2 2023, causing material deposit account loss; subsequent $9M and $4.6M loans.

## SEC filing metadata
- accession: 0001493152-24-012351
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1854963/000149315224012351/0001493152-24-012351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315224012351/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-012351
- JSON: https://secwatch.observer/filing/0001493152-24-012351.json
- Plain text: https://secwatch.observer/filing/0001493152-24-012351.txt

## Key facts
- Earnings Releases
  SHF Holdings, Inc. reported preliminary financial results for the fourth quarter and full year ended December 31, 2023.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Result: preliminary results
  source text: On April 1, 2024, SHF Holdings, Inc. (the “Company”) issued a press release announcing its preliminary earnings and other financial results for its fourth quarter and full year ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315224012351/0001493152-24-012351-index.htm

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