secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001493152-24-012351
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315224012351/0001493152-24-012351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315224012351/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-012351

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer