For the year ending 2025-12-31, PLNH made $103,378,829 in revenue. -$63,923,695 in net income. Net profit margin of -61.83%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues, net of discounts | 103,378,829 | 116,408,966 | ||
| Cost of goods sold | 63,506,121 | 60,298,520 | ||
| Gross profit | 39,872,708 | 56,110,446 | ||
| General and administrative | 51,624,055 | 51,171,892 | ||
| Sales and marketing | 5,457,591 | 5,805,721 | ||
| Lease expense | 5,186,280 | 4,511,997 | ||
| Impairment loss | 29,844,227 | 21,275,942 | ||
| Depreciation and amortization | 7,048,237 | 8,860,921 | ||
| Total expenses | 99,160,390 | 91,626,473 | ||
| Loss from operations | -59,287,682 | -35,516,027 | ||
| Interest income (expense), net | -476,721 | -333,082 | ||
| Foreign exchange gain (loss) | -3,113 | -14,942 | ||
| Other income, net | 7,487,533 | 257,438 | ||
| Total other income (expense) | 7,007,699 | -90,586 | ||
| Loss before provision for income taxes | -52,279,983 | -35,606,613 | ||
| Current tax expense | 13,721,212 | 14,210,082 | ||
| Deferred tax recovery (expense) | -2,077,500 | -2,019,839 | ||
| Income tax expense (benefit) | 11,643,712 | 12,190,243 | ||
| Net loss and comprehensive loss | -63,923,695 | -47,796,856 | ||
| Basic EPS | -0.2 | -0.16 | ||
| Basic Average Shares | 325,338,047 | 292,166,589 | ||
Planet 13 Holdings Inc. (PLNH)
Planet 13 Holdings Inc. (PLNH)