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Stock impact report

Safe Harbor Financial Announces Fourth Quarter and Year-End 2023 Results

SHF Holdings, Inc. - Class A (SHFS) 
Company Research Source: GlobeNewswire
--Record annual revenue increased 85.3% year-over-year to $17.6 million in 2023 --Loan Book Value increased 194.2% to $55.6 million in 2023, up from $18.9 million year-over-year --Has facilitated more than $21.5 billion in deposit activity across 41 states since inception GOLDEN, Colo., April 01, 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 fourth quarter and full year ended December 31, 2023. Full-Year 2023 Financial & Operational Highlights Revenue increased 85.3% to $17.6 million, compared to $9.5 million for the full year of 2022;Loan Book Value at the end of 2023 increased 194.2% to $55.6 million, compared to $18.9 million for the full year of 2022;Adjusted EBITDA increased 176.9% to $3.6 million, compared to $1.3 million for the f Show less Read more
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