XS Financial Records Downturn Amidst Steady Operations

XS Financial (TSE:XSF) has released an update.

XS Financial, a specialty finance firm serving the cannabis industry, has reported a decrease in revenue and net loss in Q2 2024 compared to the previous year, despite a reduction in operating and other expenses. The company maintains a steady customer base with 16 customers and 230 active leases, indicating stability in its leasing operations.

For further insights into TSE:XSF stock, check out TipRanks’ Stock Analysis page.