Planet 13 Q3 2022 revenue $25.6M, net loss $6.3M, adjusted EBITDA $0.4M

Planet 13 Holdings Inc.

Revenue $25.6M; net loss $6.3M.
Adjusted EBITDA $0.4M (non-GAAP measure).
Maintained 9% retail market share in Nevada despite 18% increase in dispensaries YoY.
Signed conditional location in Illinois, adding a fourth state to its portfolio.
Management cites high inflation and interest rates impacting consumer spending; focus on capital preservation.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Planet 13 Holdings Inc. reported third quarter ended September 30, 2022 results: revenue $25.6 million, net income $6.3 million.

Period: third quarter ended September 30, 2022
Revenue: $25.6 million
Net income: $6.3 million
Result: reported results

Exact text from the filing

99.1. --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 plth_ex991.htm PRESS RELEASE plth_ex991.htm EXHIBIT 99.1 Planet 13 Announces Q3 2022 Financial Results · Q3 2022 revenue of $25.6 million · Q3 2022 net loss of $6.3 million · Q3 2022 Adjusted EBITDA 1 of $0.4 million All results are reported in United States dollars ($) unless otherwise indicated. Las Vegas, Nevada

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Planet 13 Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001654954-22-015031

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