Brief: Safe Harbor Financial Announces First Quarter 2023 Financial Results

SHF Holdings

15/05/2023 22:20

SHF Holdings Inc  SHFS.O :
    * SAFE HARBOR FINANCIAL ANNOUNCES FIRST QUARTER 2023
FINANCIAL
RESULTS
    * SHF HOLDINGS INC - ANTICIPATES THAT FULL YEAR 2023 REVENUE
WILL
INCREASE BY AT LEAST 50% COMPARED TO $9.4 MILLION IN REVENUE
REPORTED FOR 2022 FULL YEAR
    * SHF HOLDINGS INC - EXPECTS TO GENERATE POSITIVE ADJUSTED
EBITDA
AND POSITIVE CASH FLOW FROM OPERATING ACTIVITIES FOR 2023 FULL
YEAR
    * SHF HOLDINGS INC - QTRLY LOSS PER SHARE $0.06
    * SHF HOLDINGS INC - INCREASED DEPOSIT CAPACITY BY UP TO $1
BILLION THROUGH RECENT FIVE STAR BANK PARTNERSHIP

Source text for Eikon:  ID:nGNX4p8jBV 
Further company coverage:  SHFS.O