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SHF Holdings
(NASDAQ:SHFS)
SHF Holdings (SHFS) vs. SPDR S&P 500 ETF (SPY)
SHF Holdings Business Overview & Revenue Model
SHF Holdings Earnings Call Summary
SHF Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 17.87M | 16.16M | -32.70M | 7.01M | 8.04M | Gross Profit |
| 14.53M | 14.78M | -34.69M | 7.00M | 8.04M | EBIT |
| -7.09M | -20.71M | -25.06M | 3.29M | 5.12M | EBITDA |
| -3.21M | -16.62M | -43.49M | 3.29M | 0.00 | Net Income Common Stockholders |
| -48.32M | -17.28M | -35.13M | 3.29M | 5.12M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.32T | 4.89M | 8.39M | 5.50M | 3.00M | Total Assets |
| 13.22M | 67.86M | 99.34M | 7.52M | 4.57M | Total Debt |
| 11.88M | 15.02M | 1.03M | 0.00 | 0.00 | Net Debt |
| 9.53M | 10.19M | -7.38M | -5.50M | -3.00M | Total Liabilities |
| 25.68M | 33.51M | 94.23M | 51.96K | 129.15K | Stockholders Equity |
| -12.29T | 34.36M | 5.11M | 7.34M | 4.35M |
| Cash Flow | Free Cash Flow | |||
| 430.48K | -1.04M | 1.68M | 2.94M | 4.95M | Operating Cash Flow |
| 430.48K | -832.14K | 1.70M | 2.95M | 4.95M | Investing Cash Flow |
| 12.39K | -2.18M | -2.90M | 1.04M | 5.83K | Financing Cash Flow |
| -3.01M | -488.83K | 4.09M | -1.49M | -3.57M |
SHF Holdings Technical Analysis
SHF Holdings Risk Analysis
SHF Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $12.85B | 9.81 | 7.79% | 78.20% | 12.23% | -7.93% | |
55 Neutral | $47.41M | 13.11 | 3.36% | 4.14% | 7.80% | ― | |
52 Neutral | $14.24M | 369.17 | 0.21% | 8.15% | 13.39% | -107.74% | |
47 Neutral | $105.98M | ― | -84.06% | ― | -10.46% | -984.80% | |
41 Neutral | $7.41M | 2.00 | -506.37% | ― | -24.72% | -172.62% | |
| $8.48M | ― | -26.57% | ― | ― | ― | ||
48 Neutral | $21.68M | ― | -2.21% | 3.03% | 22.56% | -78.84% |
SHF Holdings Corporate Events
On May 21, 2025, SHF Holdings, Inc. and Partner Colorado Credit Union entered into a Waiver agreement in which PCCU agreed to permanently waive its rights to designate directors to the company’s Board. This decision impacts the governance structure of SHF Holdings, as PCCU holds a significant ownership interest and is a major financial partner. On May 22, 2025, Donald Emmi, the Chief Legal Officer of SHF Holdings, announced his resignation effective June 6, 2025, citing personal reasons unrelated to any disagreements with the company’s operations or policies.
On May 2, 2025, Karl Racine resigned from his position as a director at SHF Holdings, Inc. for personal reasons, with no disagreements regarding company operations or policies. The same day, the company appointed Francis A. Braun III as a Class I director. Mr. Braun, with extensive experience in public accounting and financial expertise, brings a wealth of knowledge to the board, enhancing the company’s governance and strategic oversight.
On April 28, 2025, SHF Holdings announced the resignation of their Chief Financial Officer, James H. Dennedy, effective June 6, 2025. Mr. Dennedy’s departure is due to personal reasons and not related to any disagreements with the company’s operations or policies. The company plans to search for a new CFO, with CEO Terrance Mendez stepping in as interim CFO after the resignation date.
SHF Holdings, Inc. faced challenges in maintaining compliance with Nasdaq’s listing requirements. On April 1, 2025, the company was informed that it had not met the Minimum Bid Price Requirement, risking delisting unless an appeal was made by April 8, 2025. Additionally, on April 7, 2025, SHF Holdings was notified of non-compliance with the Shareholders’ Equity Requirement, with a 45-day window to submit a compliance plan. However, the company regained compliance with the Minimum Bid Price Requirement as of April 4, 2025, closing that matter.
On March 13, 2025, SHF Holdings held a special meeting where CEO Terrance Mendez outlined the company’s strategic vision. Safe Harbor plans to expand its services beyond compliance solutions to include a broader array of products aimed at supporting cannabis businesses. The company aims to capitalize on the projected growth of the US cannabis industry, which is expected to exceed $76 billion by 2030. Recent financial adjustments, including modifying debt terms and reducing costs, are intended to fund product innovation and enhance market positioning. Safe Harbor is focusing on four product categories—Protects, Lends, Enables, and Connects—to improve the cannabis business ecosystem, with plans to offer banking services to cannabis employees and develop an earned wage access program.
SHF Holdings, Inc. announced on February 5, 2025, that its compensation committee and board of directors approved a new annual compensation structure for its non-employee directors. This includes a fixed annual cash fee and stock options, with the latter vesting on March 3, 2025. The company also plans to use a new Investor Presentation for future engagements with investors and analysts throughout the fiscal year ending December 31, 2025, following a special stockholders meeting on March 13, 2025.
On March 11, 2025, Safe Harbor Financial announced that its newly appointed CEO, Terry Mendez, issued a letter to shareholders highlighting a successful debt modification agreement with Partner Colorado Credit Union (PCCU) and an upcoming special shareholder meeting. The agreement includes a two-year interest-only period, unlocking over $6 million in cash, and extends the due date to October 2030, reflecting PCCU’s confidence in Safe Harbor’s strategy. The company aims to transform into a multi-faceted fintech platform, leveraging industry relationships and regulatory expertise to create greater value for clients and shareholders.