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XS Financial Inc - XSHLF STOCK NEWS

Welcome to our dedicated news page for XS Financial (Ticker: XSHLF), a resource for investors and traders seeking the latest updates and insights on XS Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect XS Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of XS Financial's position in the market.

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XS Financial Inc. announces the date for its year-end 2023 financial results and earnings call. The company will report its financial results on April 26th, 2024, after market close, and host a conference call to review the results. Audited financial statements and management's discussion will be available on SEDAR and the company's website.
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XS Financial Inc. (XSF) reports 41% YoY increase in Q3 revenue to $2.9 million, 14% YoY increase in gross lease receivables to $113.1 million, and 11% YoY improvement in net distributable earnings to $209k. The company generated record net distributable earnings and revenue, with 16 new lease schedules with major cannabis companies.
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XS Financial Inc. (XSF) reports record net distributable earnings of $209,594 and revenue of $2.9 million for the third quarter ended September 30th, 2023. The company experienced a 41% YoY increase in revenue, a 56% YoY increase in gross lease receivables, and an 11% YoY improvement in net distributable earnings. Additionally, XS Financial closed lease transactions totaling approximately $9.6 million and has seen growth in the number of customers and active leases since inception, along with an increase in gross lease receivables and average lease size by customer. The CEO, David Kivitz, commented on the company's focus on expanding the customer base, increasing operational efficiencies, and optimizing the balance sheet for future growth opportunities.
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XS Financial Inc. (XSF) to Report Q3 2023 Financial Results on November 28, 2023. The specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the US will host an earnings call and webcast to review the results. Unaudited financial statements and management's discussion will be available on SEDAR and the company's website.
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XS Financial Inc. has completed the repurchase and cancellation of certain unsecured convertible notes, as well as the acquisition and cancellation of one of its outstanding convertible debentures.
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XS Financial Inc. announces a $15 million line of credit with bank lenders.
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XS Financial Inc. announces $15 million line of credit with bank lenders
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XS Financial completes repurchase and cancellation of unsecured convertible notes, positive for stock price
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XS Financial Inc. proposes to repurchase and cancel certain unsecured convertible notes, including one Note in the principal amount of US$2,584,964, for a cash payment of US$2,326,468. The Note Repurchase is expected to be effected on or about August 30, 2023. The company also corrects certain disclosure in a previous press release concerning amendments to the Notes.
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XS Financial Inc. reports record quarterly revenue of $3.0M, an 80% YoY increase. Gross lease receivables increase by 56% YoY. Net distributable earnings improve by 83% YoY. 21 new lease schedules closed totaling $6.0M. CEO focuses on expanding customer base and increasing efficiencies. Net loss for Q2 2023 is $1.7M compared to $3.6M in Q2 2022. Net distributable earnings improve by 83% YoY to $(203k) in Q2 2023. The Company is in discussions for a proposed restructuring of unsecured convertible notes.
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XS Financial Inc

OTC:XSHLF

XSHLF Rankings

XSHLF Stock Data

2.64M
65.59M
0.22%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States
Los Angeles