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XS FINANCIAL INC VOTING - $XSHLF STOCK NEWS

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

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 VOTING'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 VOTING's position in the market.

Rhea-AI Summary
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. will report its financial results for the quarter ended June 31, 2023, on August 28, 2023. The unaudited financial statements and management's discussion and analysis will be available on SEDAR and the company's website. A conference call and webcast will be held to review the financial results.
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XS Financial Inc. has entered into a new lease agreement worth $7.6 million with PharmaCann Inc. The lease will support PharmaCann's growth plans in its eight-state footprint. This transaction demonstrates XS Financial's commitment to the cannabis industry and its dedication to supporting top-tier operators.
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24.67%
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-20%
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-6.49%
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5.78%
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XS FINANCIAL INC VOTING

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
Link
United States of America
Los Angeles