Planet 13 posts $47.8 million loss for 2024 despite increased revenue

Key Points
  • Planet 13 Holdings Inc. reported a net loss of $47.8 million for the full 2024 calendar year, an improvement from the $73.6 million loss in 2023.
  • The company's cash bleed continued in the fourth quarter of 2024, with a loss of $26.4 million.
  • Planet 13 Holdings is based in Las Vegas and trades on the CSE under the ticker PLTH and on the OTCQX under the ticker PLNH.
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Las Vegas-based Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) this week reported a net loss of $47.8 million for the full 2024 calendar year, down from its net loss of $73.6 million in 2023.

The company’s cash bleed continued in the fourth quarter last year, in which it lost $26.4...

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