Q4 and Full Year 2021 Financial Results - Q4 2021 revenue of $29.9 million, up 48% compared to Q4 2020
- Q4 2021 net loss of $5.1 million, compared to net loss of $18.2 million in Q4 2020
- Q4 2021 Adjusted EBITDA [1] of $1.9 million
- Full year 2021 revenue of $119.5 million, up 70% compared to full year 2020
- Full year 2021 net loss of $19.5 million, compared to net loss of $25.0 million in full year 2020
- Full year 2021 Adjusted EBITDA of $16.9 million
All results are reported in United States dollars ($) unless otherwise indicated.
LAS VEGAS, NV / ACCESSWIRE / March 28, 2022 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNHF) (" Planet 13 " or the " Company "), a leading vertically-integrated cannabis company,today announced its financial results for the three-month and twelve-month period ended December 31, 2021. On February 11, 2022, Planet 13's registration statement on Form 10 filed with the U.S. Securities and Exchange Commission became effective and Planet 13 became a U.S. reporting company on such date. As such, Planet 13's financial statements are prepared in accordance with U.S. Generally Accepted Accounting Principles ("GAAP").