XS Financial Inc.

XS Financial Inc.

XSHLF
XS Financial Inc.US flagOther OTC
0.03
USD
+0.00
- -
2.69MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.06
0.01
0.03
0.07
0.11
0.11
Basic EPS, GAAP
-1.15
-0.33
-0.13
-0.08
-0.02
-0.01
-0.01
- -
-0.18
-0.1
-0.03
-0.06
-0.06
-0.04
Free Cash Flow per Basic Share
-0.7
-0.3
-0.15
-0.07
-0.01
- -
-0.01
-0.01
-0.09
-0.07
-0.31
-0.49
0.01
0.1
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.62
-1.37
-1.48
-1.35
-1.31
-0.04
0.03
0.03
-0.09
-0.07
- -
-0.07
-0.13
-0.13
Tangible Book Value per Share
0.61
0.23
0.09
-0.01
-0.03
-0.04
0.09
0.03
0.02
0.01
0.1
0.07
0.03
0.03
Basic Weighted Avg Shares
4
5
5
5
5
5
8
24
38
53
96
104
104
104
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
2
1
3
8
12
12
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-245.11
-365.66
-43.43
12.43
24.93
26.44
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
- -
- -
Net Income, GAAP
-5
-2
-1
- -
- -
- -
- -
- -
-7
-5
-3
-6
-7
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-303.38
-747.02
-94.52
-83.32
-55.73
-37.35
Working Capital
3
1
- -
- -
- -
- -
1
1
2
-2
19
-52
-52
-46
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
2
2
34
5
- -
- -
Total Equity
3
1
- -
- -
- -
- -
1
1
1
1
9
8
3
4
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
185.72
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
-17.73
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
80
75
68
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
78
Market Capitalization
3
2
4

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
28
29
28
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
87
81
74
Payables & Accruals
6
5
5
ST Debt
80
75
68
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
135.07%
317.19%
-54.26%
Free Cash Flow
426.76%
673.06%
-101.2%
Net Income, GAAP
876.03%
1,776.34%
3.2%
Sales/Revenue/Turnover
- -
- -
54.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1
2
2
3
8
2023
3
3
3
3
12
2024
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.02
-0.03
-0.02
- -
-0.06
2023
-0.02
-0.02
-0.03
- -
-0.06
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
David Kivitz
Sector
Financial Services
Industry
Financial - Credit Services
Address
1901 Avenue of the Stars Los Angeles CA United States of America 90067
IPO Date
Jun 20, 2013
Business
XS Financial Inc. is a specialty finance company providing equipment leasing and CAPEX financing solutions to middle-market businesses in the United States. The company offers equipment-specific leasing, sale-leasebacks, purchasing solutions, and equipment procurement services through its network of preferred vendor partnerships with over 250 original equipment manufacturers; it finances critical-use assets including cultivation, processing, manufacturing, and testing equipment primarily for cannabis and hemp operators, as well as other industries. Founded in 2017 and headquartered in Los Angeles, California, XS Financial operates nationwide, delivering flexible term structures, streamlined credit processes, and funding from $1 million to over $75 million to preserve client working capital and support growth. In 2024, XS Financial closed an amended $70 million secured credit facility to expand its lease portfolio, provided major CAPEX facilities including $37.4 million to Ayr Wellness and $2.4 million to Jushi Holdings, and completed a take-private transaction by Mavik Capital and Axar Capital Management, delisting from the Canadian Securities Exchange and positioning the firm for scaled diversification across U.S. middle-market sectors.

Company News

APIChatGPT
  • XS Financial Reports Second Quarter 2024 Results and Provides an Update on Privatization Transaction

  • XS Financial Announces Date for Q2 2024 Financial Results

  • XS Financial Announces Refiled Annual Statements

  • XS Financial Provides a $2.4 Million Capex Lease Facility to Jushi Holdings Inc

  • XS Financial Announces Change of Auditor

  • XS Financial Announces Repayment Of Unsecured Convertible Notes

  • XS Financial Closes Amended $70 Million Secured Credit Facility

  • XS Financial Reports 2023 Fourth Quarter and Full Year Results

  • XS Financial Announces Date For Year-End 2023 Financial Results and Earnings Call

  • CORRECTION: XS Financial Reports Third Quarter 2023 Results

  • XS Financial Reports Third Quarter 2023 Results

  • XS Financial Announces Date for Q3 2023 Financial Results and Earnings Call

  • XS Financial Announces Acquisition & Cancellation of Debentures

  • CORRECTION BY SOURCE: XS Financial Closes $15 Million Secured Credit Line

  • XS Financial Closes $15 Million Secured Credit Line

  • XS Financial Completes Unsecured Convertible Note Repurchase And Cancellation

  • XS Financial Announces Unsecured Convertible Note Repurchase and Cancellation

  • XS Financial Reports Second Quarter 2023 Results

  • XS Financial Announces Date For Q2 2023 Financial Results And Earnings Call

  • XS Financial Provides $7.6 Million CAPEX Financing to PharmaCann Inc.