# SHF Holdings Inc. (SHFS)

**Exchange:** NASDAQ  
**Sector:** Financial Services

> SHF Holdings Inc. is a financial services company focused on the cannabis industry. Through its Safe Harbor platform, the company provides banking and financing solutions designed for regulated cannabis and hemp businesses, along with related deposit, lending, and payment services. It also serves financial institutions that work with this market, supporting compliant access to core financial infrastructure. Based in Golden, Colorado, SHF Holdings Inc. operates in a specialized segment of the financial sector where access to traditional banking can be limited, making its services relevant to businesses that need industry-specific financial support.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8M | — | -$5M | -$2M | $-0.82 |
| 2024 | $15M | — | -$7M | -$48M | $-17.43 |
| 2023 | $18M | — | -$21M | -$17M | $-8.12 |
| 2022 | $9M | — | -$2M | -$35M | $-1.85 |
| 2021 | $7M | — | $3M | $3M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $17M | $9M | $8M | $7M | — |
| 2024 | $13M | $26M | -$12M | $2M | — |
| 2023 | $68M | $34M | $34M | $5M | $56M |
| 2022 | $99M | $94M | $5M | $8M | $19M |
| 2021 | $8M | $181,505 | $7M | $5M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$3M | — | — |
| 2024 | $430,477 | — | — |
| 2023 | -$832,144 | $208,434 | -$1M |
| 2022 | $2M | $17,318 | $2M |
| 2021 | $3M | $5,920 | $3M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SHFS)