Planet 13 Holdings Inc. will release its third‑quarter 2025 financial results on November 12, 2025, after market hours. The company will provide a detailed earnings presentation to investors.
The earnings release will cover the quarter ended September 30, 2025. Investors can participate in a conference call on November 12 at 5:00 p.m. Eastern Time, chaired by Co‑Chief Executive Officers Bob Groesbeck and Larry Scheffler, with Interim Chief Financial Officer Steve Mclean leading the financial discussion.
The company’s Q3 2024 results showed revenue of $32.2 million, a net loss of $7.4 million, and Adjusted EBITDA of $1.3 million. In Q2 2025, revenue fell to $26.9 million, a net loss widened to $13.3 million, and Adjusted EBITDA turned to a $2.4 million loss.
Management highlighted a strategic shift toward profitability, citing cost‑saving measures and pricing adjustments amid industry‑wide price compression. Recent actions include divesting a non‑core retail store in Orange County, California, and closing its cultivation facility in Coalinga, California, to concentrate resources on high‑performing markets.
The company is expanding its presence in Florida, opening new dispensaries and upgrading cultivation facilities, while maintaining a focus on Nevada markets. Management expects the Q3 2025 results to reflect progress on these initiatives and improved financial performance.
The earnings presentation will include a review of revenue and profitability by business segment and geographic region, as well as management commentary on current headwinds and opportunities.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.