Planet 13 Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	96.44	103.38	116.41	98.51	104.57	119.49
Revenue Growth (YoY)	-20.67%	-11.19%	18.18%	-5.80%	-12.48%	69.52%
Cost of Revenue	59.16	63.51	60.3	53.68	56.6	53.49
Gross Profit	37.28	39.87	56.11	44.82	47.97	66.01
Selling, General & Admin	59.02	62.27	60.47	50.9	55.64	68.51
Operating Expenses	65.79	69.32	69.33	59.08	63.98	73.84
Operating Income	-28.51	-29.44	-13.22	-14.25	-16.01	-7.83
Interest Expense	-0.38	-0.48	-0.33	-	-	-0.02
Interest & Investment Income	-	-	-	0.2	0.19	-
Currency Exchange Gain (Loss)	-0	-0	-0.01	0	-0.03	1.66
Other Non Operating Income (Expenses)	4.35	7.49	0.26	-1.17	-2.71	-2.79
EBT Excluding Unusual Items	-24.53	-22.44	-13.31	-15.23	-18.55	-8.98
Merger & Restructuring Charges	-	-	-1.02	-	-	-
Impairment of Goodwill	-	-	-	-	-25.8	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.51	-
Asset Writedown	-29.84	-29.84	-21.28	-46.85	-6.95	-
Pretax Income	-54.38	-52.28	-35.61	-62.08	-50.79	-8.98
Income Tax Expense	15.59	11.64	12.19	11.53	8.75	13.48
Net Income	-69.97	-63.92	-47.8	-73.61	-59.55	-22.46
Net Income to Common	-69.97	-63.92	-47.8	-73.61	-59.55	-22.46
Shares Outstanding (Basic)	326	325	292	222	217	195
Shares Outstanding (Diluted)	326	325	292	222	217	195
Shares Change (YoY)	3.04%	11.35%	31.63%	2.48%	11.00%	28.52%
EPS (Basic)	-0.21	-0.20	-0.16	-0.33	-0.27	-0.12
EPS (Diluted)	-0.21	-0.20	-0.16	-0.33	-0.27	-0.12
Free Cash Flow	-13.72	-20.76	-6.83	-20.44	-23.44	-29.29
Free Cash Flow Per Share	-0.04	-0.06	-0.02	-0.09	-0.11	-0.15
Gross Margin	38.66%	38.57%	48.20%	45.50%	45.88%	55.24%
Operating Margin	-29.56%	-28.48%	-11.36%	-14.47%	-15.31%	-6.55%
Profit Margin	-72.56%	-61.83%	-41.06%	-74.73%	-56.94%	-18.80%
Free Cash Flow Margin	-14.23%	-20.09%	-5.87%	-20.75%	-22.41%	-24.51%
EBITDA	-17.97	-18.04	0.2	-2.11	-4.38	-0.62
EBITDA Margin	-18.63%	-17.45%	0.17%	-2.14%	-4.18%	-0.52%
D&A For EBITDA	10.54	11.4	13.41	12.15	11.63	7.21
EBIT	-28.51	-29.44	-13.22	-14.25	-16.01	-7.83
EBIT Margin	-29.56%	-28.48%	-11.36%	-14.47%	-15.31%	-6.55%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.