Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Planet 13 Holdings Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2022
FY2023
FY2024
FY2025
Revenue
119
105
98.5
116
103
Cost of revenue
53.5
56.6
53.7
60.3
63.5
Gross profit
66
48
44.8
56.1
39.9
Selling and marketing
5.97
3.5
5.37
5.81
5.46
General and administrative
59.9
49.4
42.4
51.2
51.6
Other non-operating income
-1.15
-2.04
-0.98
-0.09
7.01
Pre-tax income
-8.98
-50.8
-62.1
-35.6
-52.3
Income tax
13.5
8.75
11.5
12.2
11.6
Income from continuing operations
-7.83
-48.8
-61.1
-35.5
-59.3
Net income
-22.5
-59.5
-73.6
-47.8
-63.9
EPS, basic
-0.12
-0.27
-0.33
-0.16
-0.20
EPS, diluted
-0.12
-0.27
-0.33
-0.16
-0.20
Shares, basic (weighted)
195
217
222
292
325
Shares, diluted (weighted)
195
217
222
292
325
Balance sheet
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
58.6
38.8
11.8
23.4
5.33
Receivables
1.22
1.33
1.2
1.47
1.01
Inventory
14.2
13
15.8
22.8
18.1
Other current assets
3.98
3.81
4.07
4.57
2.66
Total current assets
78
56.9
47.3
54.3
41.1
Property, plant and equipment
50.8
71.5
67.6
63.5
34.1
Lease right-of-use assets
20.4
21.2
20.1
38.2
31.5
Goodwill
0
0
Intangible assets
63.4
69.3
15.3
Total assets
214
220
152
207
152
Accounts payable
3.27
3.11
2.85
7.42
7.21
Accrued liabilities
7.03
8.07
6.1
7.29
4.63
Short-term debt
8.68
9.75
Total current liabilities
12.7
15.4
15.3
25.3
23.1
Long-term debt
0
1.18
1.23
Lease liabilities
23.1
25.8
25.3
46.4
43.2
Other non-current liabilities
0.03
0.03
0.03
1.22
1.25
Total liabilities
43.1
42.7
44.1
94
101
Total debt
0.88
9.86
11
Paid-in capital
246
312
316
369
371
Retained earnings
-75.2
-135
-208
-256
-320
Shareholders' equity
171
177
108
113
51.1
Total equity
171
177
108
113
51.1
Total liabilities and equity
214
220
152
207
152
Shares outstanding
199
220
223
325
326
Cash flow statement
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
-22.5
-59.5
-73.6
-47.8
-63.9
Depreciation and amortization
7.21
11.3
12.1
13.4
11.4
Stock-based compensation
15.6
7.46
2.52
0.18
2.34
Deferred income tax
-0.48
-1.92
1.66
-2.02
-2.08
Change in receivables
-0.72
1.34
0.13
-0.28
-3.29
Change in inventory
-7.31
4.3
-2.76
0.31
1.06
Change in payables
1.58
0.13
-0.35
4.34
-0.16
Cash from operations
-3.38
-6.76
-12
5.21
-14.2
Capital expenditures
-25.9
-16.7
-8.39
-12
-6.57
Cash from investing
-81.8
-14.2
-9.19
-3.79
2.53
Stock issued
0.09
0.1
0
9.86
0
Cash from financing
64.5
1.14
-0.27
6.73
1.8
Net change in cash
-20.4
-19.8
-21.5
8.15
-9.86
Free cash flow
-29.3
-23.4
-20.4
-6.83
-20.8
Interest paid
4.49
3.72
4.08
5.82
7.1
Income taxes paid
13
7.93
7.87
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.13 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
41.0%
Gross profit / revenue.
Pre-tax margin
-54.3%
Pre-tax income / revenue.
Net margin
-67.3%
Net income / revenue.
FCF margin
-10.9%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-7.9%
Cash from operations / revenue.
Return on equity (ROE)
-160.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-43.2%
Net income / average total assets.
Stock-based pay / revenue
3.4%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
2.9%
Capital expenditures / revenue.
D&A / revenue
10.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-11.2%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-0.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-28.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-6.0%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-372.4%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-54.6%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-33.9%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-26.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-11.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
11.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
14.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.80x
Current assets / current liabilities.
Quick ratio
0.34x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.32x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.28x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
7.6%
Total debt / total assets.
Liabilities / assets
73.1%
Total liabilities / total assets.
Net debt
$4.4M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.19
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.28
Revenue / diluted weighted shares.
FCF per share
-$0.03
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.02
Cash from operations / diluted weighted shares.
Book value per share
$0.12
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.48x
Market cap / revenue.
P/B
1.15x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.15x
Market cap / tangible book value, when positive.
EV/Sales
0.53x
Enterprise value / revenue.
FCF yield
-22.5%
Free cash flow / market cap.
Earnings yield
-139.3%
Net income / market cap (the inverse of P/E).
What was Planet 13 Holdings Inc.'s revenue in fiscal 2025?
Planet 13 Holdings Inc. reported revenue of $103.4M for fiscal 2025, 11.2% lower than the year before.
Was Planet 13 Holdings Inc. profitable in fiscal 2025?
No. It reported a net loss of $63.9M.
How much free cash flow did Planet 13 Holdings Inc. generate in fiscal 2025?
Cash from operations of $14.2M minus capital expenditures of $6.6M left free cash flow of -$20.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.