Planet Green Holdings Corp.PLAGEarnings & Financial Report
Planet 13 Holdings, Inc. is a cannabis company based in Nevada, United States. On Nov 1, 2018, the company opened its cannabis dispensary in Las Vegas which became the largest cannabis dispensary in the world at 112,000 square feet.
Revenue
$904.1K
Gross Profit
$-34.4K
Operating Profit
$-949.5K
Net Profit
$-1.7M
Gross Margin
-3.8%
Operating Margin
-105.0%
Net Margin
-190.3%
YoY Growth
-79.3%
Financial Flow
Planet Green Holdings Corp. Q2 2024 Financial Summary
Planet Green Holdings Corp. reported revenue of $904.1K (down 79.3% YoY) for Q2 2024, with a net profit of $-1.7M (up 85.9% YoY) (-190.3% margin). Cost of goods sold was $938.6K, operating expenses totaled $915.0K.
Key Financial Metrics
| Total Revenue | $904.1K |
|---|---|
| Net Profit | $-1.7M |
| Gross Margin | -3.8% |
| Operating Margin | -105.0% |
| Report Period | Q2 2024 |
Planet Green Holdings Corp. Annual Revenue by Year
Planet Green Holdings Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.0M |
| 2024 | $4.7M |
| 2023 | $17.7M |
| 2022 | $44.8M |
Planet Green Holdings Corp. Quarterly Revenue & Net Profit History
Planet Green Holdings Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $521.7K | -36.7% | $-13.3M | -2541.3% |
| Q3 2025 | $771.6K | -47.2% | $-12.1M | -1574.4% |
| Q2 2025 | $907.0K | +0.3% | $-773.6K | -85.3% |
| Q1 2025 | $840.3K | -44.1% | $-796.9K | -94.8% |
| Q4 2024 | $823.5K | -33.6% | $-3.3M | -405.9% |
| Q3 2024 | $1.5M | -58.5% | $-1.2M | -81.1% |
| Q2 2024 | $904.1K | -79.3% | $-1.7M | -190.3% |
| Q1 2024 | $1.5M | -82.4% | $-1.1M | -71.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5M | $904132 | $1.5M | $823462 | $840333 | $906996 | $771636 | $521651 |
| YoY Growth | -82.4% | -79.3% | -58.5% | -33.6% | -44.1% | 0.3% | -47.2% | -36.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $42.9M | $42.2M | $41.9M | $25.4M | $26.1M | $28.1M | $12.3M | $10.2M |
| Liabilities | $24.6M | $25.7M | $26.4M | $13.7M | $15.2M | $18.1M | $12.9M | $12.4M |
| Equity | $18.3M | $16.5M | $15.5M | $11.7M | $11.0M | $10.1M | $-573528 | $-2.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $430474 | $-943669 | $948045 | $376983 | $-346698 | $-1.7M | $697489 | $-457121 |