Safe Harbor Financial Announces First Quarter 2024 Results
SHF Holdings, Inc. - Class A (SHFS)
Company Research
Source: GlobeNewswire
--Net Income increased 245% year-over-year to approximately $2.0 million in the first quarter of 2024 --Adjusted EBITDA increased 165.3% to approximately $1.1 million(1) --Operating Expenses decreased 35.8% versus the same period in 2023 GOLDEN, Colo., May 13, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial & Operational Summary Net Income increased 245% to approximately $2.0 million, compared to a net loss of approximately $1.4 million in the same period of 2023;Revenue was approximately $4.1 million, compared to approximately $4.2 million for the first quarter of 2023;Gross profit was approximately $325,000, versus a gross loss of approximately $1.6 million in the first quarter of 2024;Operati
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SHFS
News
- Safe Harbor Financial Announces Participation in the 2024 Maxim Fintech Virtual SymposiumGlobeNewswire
- Safe Harbor Financial Announces New Small Business Line of Credit Program with the Origination of Three New Lines of Credit [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial Announces New Small Business Line of Credit Program with the Origination of Three New Lines of CreditGlobeNewswire
- Safe Harbor Financial to Present at the KCSA Cannabis Virtual Investor Conference June 5th [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial to Present at the KCSA Cannabis Virtual Investor Conference June 5th [Financial Post (Toronto, Ontario, Canada)]Financial Post
SHFS
Sec Filings
- 6/17/24 - Form 8-K
- 5/29/24 - Form 8-K
- 5/13/24 - Form 8-K
- SHFS's page on the SEC website