Financial insights of SHFS

MyFinsight

For the quarter ending 2025-09-30.

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Lease expense	-	-	-	64,619.25*
Impairment of long-lived intangible assets	-	-	-	772,720.25*
Revenue	1,833,770	1,845,334	1,932,352	3,962,312.5*
Impairment of goodwill	-	-	-	1,514,500*
Compensation and employee benefits	1,695,786	1,583,051	1,372,481	7,576,885.25*
Provision (benefit) for credit losses	-	0	0	-
General and administrative expenses	856,389	457,803	990,826	1,121,339*
Professional services	442,312	712,337	1,499,534	1,067,625.5*
Credit loss (benefit) expense	-	-	-	348,282.75*
Rent expense	56,529	63,185	61,006	-
Total operating expenses	3,051,016	2,816,376	3,923,847	11,769,406.5*
Change in fair value of warrant liabilities	-	-138,158	-1,116,082	-552,801*
Operating income/ (loss) income	-1,217,246	-971,042	-1,991,495	-7,807,094*
Change in the fair value of deferred consideration	-40,565	-40,960	161,000	147,363*
Interest expense	252,640	115,341	112,786	37,571*
Gain on extinguishment of debt (note 11 and 14)	3,336,213	-	-	-
Other issuance costs	988,837	-	-	-
Change in fair value of warrant liabilities	657,417	-	-	-
Total other income (expenses)	1,396,754	-18,143	1,164,296	662,593*
Net income (loss) before income tax	179,508	-989,185	-827,199	-7,144,501*
Income tax benefit/(expense)	-	-58,470	0	43,117,990*
Net income (loss)	179,508	-930,715	-827,199	-50,262,491

Basic EPS	0.06	-0.33	-0.3	0.49
Diluted EPS	0.06	-0.33	-0.3	0.48
Basic Average Shares	2,907,219	2,826,468	2,786,538	-102,613,754
Diluted Average Shares	3,110,899	2,826,468	2,786,538	-104,717,153