Filing Flows › SHF Holdings (SHFS) › Q4 2024
SHF Holdings (SHFS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 10, 2025
SHF Holdings (SHFS) reported revenue of $3.7M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and +5% from the quarter before. Operating margin was -215.0%.
SHF Holdings, Q4 2024: revenue $3.7M (-18% year over year), operating margin -215.0%, net loss $51.7M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7M | +5% | -18% |
| Operating profit | −$7.9M | — | — |
| Net earnings | −$51.7M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $3.7M in Q4 2024, down 18% year over year and up 5% from the previous quarter.
Operating costs exceeded revenue by $7.9M, an operating margin of -215.0%. Total costs grew 86% against a revenue fall of 18%. The fastest-growing cost line was Other operating costs (+133%). The quarter ended with a net loss of $51.7M, after a profit of $354K the previous quarter.
Operating cash flow was −$2.8M. Non-cash charges added back $161K of depreciation and amortization and $74K of share-based compensation. Working capital and other items added $48.7M.
Questions
What was SHF Holdings' revenue in the fourth quarter 2024?
SHF Holdings (SHFS) reported revenue of $3.7M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and +5% from the quarter before.
Was SHF Holdings profitable in the fourth quarter 2024?
Operating loss was $7.9M (-215.0% of revenue) and net loss $51.7M.
Source: SHF Holdings 10-K on SEC EDGAR.