PLNHOTCAgricultural Production-CropsFiscal year ends December 31
Planet 13 Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$0.10−0.00 (-3.68%)
Close on Oct 19, 2026
- Market cap
- $33.76M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
38.6%
Net margin
-61.8%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -11.2% | -0.4% | – | – | |
| Gross profit | -28.9% | -6.0% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -78.0% | |
| Return on assets | – | – | -35.6% | |
| Current ratio | – | – | 1.78 | |
| Debt to equity | – | – | 0.21 | |
| Inventory turnover | – | – | 3.1× | |
| Capex to revenue | – | – | 6.4% | |
| Diluted shares | – | – | 325M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Planet 13 generated $41.59M from operations and spent $69.59M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$41.59M
Used
$69.59M
Capital expenditure$69.59M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-61.8%
×Asset turnover0.58×
×Equity multiplier2.19×
=Return on equity, FY2025-78.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -61.8% | 0.58× | 2.19× | -78.0% |
| FY2024 | -41.1% | 0.65× | 1.63× | -43.4% |
| FY2023 | -74.7% | 0.53× | 1.30× | -51.7% |
| FY2022 | -56.9% | 0.48× | 1.25× | -34.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$63.92M
- Cash generatingOperating cash flow above zero-$14.19M
- Return on assets improvedROA up on the prior year-31.5% → -30.9%
- Earnings backed by cashOperating cash flow above net income-$14.19M vs -$63.92M
- Less leverageLong-term debt to assets fell0.6% → 0.8%
- Better liquidityCurrent ratio rose2.14 → 1.78
- No dilutionShare count did not rise292M → 325M
- Gross margin improvedGross margin up on the prior year48.20% → 38.57%
- More efficientAsset turnover rose0.77 → 0.50