Planet 13 Holdings Inc.
Planet 13 Holdings Inc. (PLTH.CN) Financial Performance & Income Statement Overview
Explore the financials of Planet 13 Holdings Inc. (PLTH.CN), including yearly and quarterly data on income, cash flow, and balance sheets.
Planet 13 Holdings Inc. (PLTH.CN) Income Statement & Financial Overview
View the income breakdown for Planet 13 Holdings Inc. PLTH.CN across both annual and quarterly reports.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $30.28M | $32.16M | $31.08M | $22.78M |
| Cost of Revenue | $17.19M | $15.46M | $17.39M | $14.39M |
| Gross Profit | $13.09M | $16.70M | $13.69M | $8.39M |
| Gross Profit Ratio | $0.43 | $0.52 | $0.44 | $0.37 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $15.77M | $16.55M | $14.84M | $12.04M |
| Operating Expenses | $38.08M | $20.02M | $14.84M | $12.04M |
| Total Costs & Expenses | $55.27M | $35.48M | $32.23M | $26.42M |
| Interest Income | $0.00 | $30263.00 | $84580.00 | $24562.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $3.59M | $3.58M | $3.23M | $3.004M |
| EBITDA | -$2.52M | $255455.00 | $2.08M | -$647294.00 |
| EBITDA Ratio | -$0.08 | $0.008 | $0.07 | -$0.03 |
| Operating Income | -$24.98M | -$3.32M | -$1.15M | -$3.65M |
| Operating Income Ratio | -$0.82 | -$0.10 | -$0.04 | -$0.16 |
| Other Income/Expenses (Net) | -$149870.00 | $403914.00 | -$2.87M | $135214.00 |
| Income Before Tax | -$25.13M | -$2.92M | -$4.02M | -$3.51M |
| Income Before Tax Ratio | -$0.83 | -$0.09 | -$0.13 | -$0.15 |
| Income Tax Expense | $1.30M | $4.49M | $4.05M | $2.33M |
| Net Income | -$26.44M | -$7.41M | -$8.07M | -$5.85M |
| Net Income Ratio | -$0.87 | -$0.23 | -$0.26 | -$0.26 |
| EPS | -$0.09 | -$0.02 | -$0.03 | -$0.03 |
| Diluted EPS | -$0.09 | -$0.02 | -$0.03 | -$0.03 |
| Weighted Avg Shares Outstanding | $325.16M | $325.16M | $289.18M | $228.44M |
| Weighted Avg Shares Outstanding (Diluted) | $325.16M | $325.16M | $289.18M | $228.44M |
Over the last four quarters, Planet 13 Holdings Inc. achieved steady financial progress, growing revenue from $22.78M in Q1 2024 to $30.28M in Q4 2024. Gross profit stayed firm with margins at 43% in Q4 2024 versus 37% in Q1 2024. Operating income totaled -$24.98M in Q4 2024, maintaining a -82% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$2.52M. Net income dropped to -$26.44M, with EPS at -$0.09. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan