📊 PLNH Key Takeaways
Is Planet 13 Holdings Inc. (PLNH) a Good Investment?
Despite extraordinary revenue growth of 21,785% YoY, Planet 13 exhibits severe operational distress with -50.6% operating margins, negative operating cash flow of -14.2M, and deteriorating free cash flow of -20.8M. With only 5.3M in cash against 101.2M in liabilities and a quick ratio of 0.99x, the company faces existential liquidity challenges and cannot sustain operations from revenue generation.
Why Buy Planet 13 Holdings Inc. Stock? PLNH Key Strengths
- Gross margin of 38.6% demonstrates underlying product profitability and pricing power
- Current ratio of 1.78x provides near-term working capital cushion for operations
- Moderate leverage with debt-to-equity of 0.21x limits financial distress risk from debt service
PLNH Stock Risks: Planet 13 Holdings Inc. Investment Risks
- Operating cash flow of -14.2M indicates core business operations are cash-destructive, unsustainable without external funding
- Critical liquidity position: 5.3M cash reserves insufficient to cover 101.2M liabilities; quick ratio of 0.99x signals imminent working capital stress
- Profitability severely negative: -50.6% operating margin and -61.8% net margin demonstrate inability to convert growth into earnings; -125% ROE indicates shareholder value destruction
- Free cash flow of -20.8M combined with negative OCF suggests business model does not generate sufficient cash for investments or debt repayment
- Revenue growth of 21,785% likely reflects acquisition/merger or unsustainable expansion rather than organic scaling
Key Metrics to Watch
- Operating cash flow trend toward positive territory (critical milestone for viability)
- Cash burn rate and runway; cash position relative to monthly operating expenses
- Path to operating profitability and achievement of breakeven EBITDA
- Debt refinancing needs and covenant compliance given weak liquidity
Planet 13 Holdings Inc. (PLNH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Planet 13 Holdings Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
PLNH Profit Margin, ROE & Profitability Analysis
PLNH vs Market Sector: How Planet 13 Holdings Inc. Compares
How Planet 13 Holdings Inc. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Planet 13 Holdings Inc. Stock Overvalued? PLNH Valuation Analysis 2026
Based on fundamental analysis, Planet 13 Holdings Inc. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Planet 13 Holdings Inc. Balance Sheet: PLNH Debt, Cash & Liquidity
PLNH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Planet 13 Holdings Inc.'s revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $-0.16 indicates the company is currently unprofitable.
PLNH Revenue Growth, EPS Growth & YoY Performance
PLNH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $23.3M | -$7.4M | $-0.02 |
| Q2 2025 | $26.9M | -$8.1M | $-0.03 |
| Q1 2025 | $22.9M | -$2.0M | $-0.01 |
| Q3 2024 | $24.8M | -$7.4M | $-0.02 |
| Q2 2024 | $25.8M | -$4.6M | $-0.02 |
| Q1 2024 | $22.9M | -$5.9M | $-0.03 |
| Q3 2023 | $24.8M | -$6.3M | $-0.03 |
| Q2 2023 | $25.8M | -$2.0M | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Planet 13 Holdings Inc. Dividends, Buybacks & Capital Allocation
PLNH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Planet 13 Holdings Inc. (CIK: 0001813452)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PLNH
What is the AI rating for PLNH?
Planet 13 Holdings Inc. (PLNH) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PLNH's key strengths?
Claude: Gross margin of 38.6% demonstrates underlying product profitability and pricing power. Current ratio of 1.78x provides near-term working capital cushion for operations.
What are the risks of investing in PLNH?
Claude: Operating cash flow of -14.2M indicates core business operations are cash-destructive, unsustainable without external funding. Critical liquidity position: 5.3M cash reserves insufficient to cover 101.2M liabilities; quick ratio of 0.99x signals imminent working capital stress.
What is PLNH's revenue and growth?
Planet 13 Holdings Inc. reported revenue of $103.4M.
Does PLNH pay dividends?
Planet 13 Holdings Inc. does not currently pay dividends.
Where can I find PLNH SEC filings?
Official SEC filings for Planet 13 Holdings Inc. (CIK: 0001813452) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PLNH's EPS?
Planet 13 Holdings Inc. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is PLNH a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Planet 13 Holdings Inc. has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is PLNH stock overvalued or undervalued?
Valuation metrics for PLNH: ROE of -125.0% (sector avg: 15%), net margin of -61.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy PLNH stock in 2026?
Our dual AI analysis gives Planet 13 Holdings Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PLNH's free cash flow?
Planet 13 Holdings Inc.'s operating cash flow is $-14.2M, with capital expenditures of $6.6M. FCF margin is -20.1%.
How does PLNH compare to other Market stocks?
Vs Default sector averages: Net margin -61.8% (avg: 12%), ROE -125.0% (avg: 15%), current ratio 1.78 (avg: 1.8).