SHFS: Shf Holdings Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Shf Holdings Inc (SHFS).

OverviewDividends

$25.07M Market Cap.

As of 04/10/2025 5:00 PM ET (MRY) • Disclaimer

SHFS Market Cap. (MRY)


SHFS Shares Outstanding (MRY)


SHFS Assets (MRY)


Total Assets

$13.22M

Total Liabilities

$25.51M

Total Investments

$392.19K

SHFS Income (MRY)


Revenue

$15.24M

Net Income

-$48.32M

Operating Expense

$12.03M

SHFS Cash Flow (MRY)


CF Operations

$430.48K

CF Investing

$12.39K

CF Financing

-$3.01M

SHFS Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$13,218,287 (-80.52%)

$67,860,909 (-31.69%)

$99,342,856 (1220.94%)

$7,520,606

Assets Current

$11,700,687 (50.76%)

$7,761,229 (-24.14%)

$10,231,172 (67.63%)

$6,103,528

Assets Non-Current

$1,517,600 (-97.47%)

$60,099,680 (-32.56%)

$89,111,684 (6188.41%)

$1,417,078

Goodwill & Intangible Assets

$0 (0%)

$9,779,745 (-67.28%)

$29,887,363 (0%)

$0

Shareholders Equity

-$12,288,014 (-135.77%)

$34,355,311 (571.90%)

$5,113,125 (-30.33%)

$7,339,101

Property Plant & Equipment Net

$706,678 (-25.15%)

$944,081 (-11.42%)

$1,065,812 (16681.80%)

$6,351

Cash & Equivalents

$2,324,647 (-52.45%)

$4,888,769 (-41.73%)

$8,390,195 (52.66%)

$5,495,905

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0

Deferred Revenue

$28,335 (29.25%)

$21,922 (2101.00%)

$996 (-88.05%)

$8,333

Total Investments

$392,186 (-0.42%)

$393,854 (-69.75%)

$1,301,991 (-11.04%)

$1,463,560

Investments Current

$13,332 (7.59%)

$12,391 (-75.85%)

$51,300 (-2.90%)

$52,833

Investments Non-Current

$378,854 (-0.68%)

$381,463 (-69.50%)

$1,250,691 (-11.34%)

$1,410,727

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0

Trade & Non-Trade Receivables

$1,102,632 (-50.27%)

$2,217,195 (58.16%)

$1,401,839 (168.09%)

$522,896

Trade & Non-Trade Payables

$216,331 (-72.78%)

$794,707 (-72.13%)

$2,851,457 (6436.14%)

$43,626

Accumulated Retained Earnings (Deficit)

-$120,755,545 (-68.72%)

-$71,569,821 (-80.30%)

-$39,695,281 (0%)

$0

Tax Assets

$0 (0%)

$43,829,019 (-15.05%)

$51,593,302 (0%)

$0

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0

Total Debt

$11,879,007 (-20.91%)

$15,019,159 (1360.68%)

$1,028,233 (0%)

$0

Debt Current

$417,717 (-86.69%)

$3,139,537 (15500.96%)

$20,124 (0%)

$0

Debt Non-Current

$11,461,290 (-3.52%)

$11,879,622 (1078.41%)

$1,008,109 (0%)

$0

Total Liabilities

$25,506,301 (-23.87%)

$33,505,598 (-64.44%)

$94,229,731 (51815.78%)

$181,505

Liabilities Current

$12,684,520 (60.63%)

$7,896,584 (-84.07%)

$49,571,192 (27211.20%)

$181,505

Liabilities Non-Current

$12,821,781 (-49.93%)

$25,609,014 (-42.66%)

$44,658,539 (0%)

$0

SHFS Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$15,242,560 (-13.21%)

$17,562,903 (85.29%)

$9,478,819 (35.30%)

$7,005,579

Cost of Revenue

$10,301,725 (-17.64%)

$12,507,964 (42.46%)

$8,779,908 (251.07%)

$2,500,868

Selling General & Administrative Expense

$4,018,094 (-38.83%)

$6,568,662 (174.78%)

$2,390,539 (96.52%)

$1,216,425

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0

Operating Expenses

$12,032,321 (-53.30%)

$25,767,258 (789.52%)

$2,896,751 (137.86%)

$1,217,824

Interest Expense

$533,390 (-52.10%)

$1,113,466 (38.70%)

$802,797 (0%)

$0

Income Tax Expense

$43,859,686 (2497.10%)

-$1,829,701 (80.23%)

-$9,252,893 (0%)

$0

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0

Consolidated Income

-$48,319,475 (-179.63%)

-$17,279,847 (50.81%)

-$35,128,083 (-1168.73%)

$3,286,887

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Income

-$48,319,475 (-179.63%)

-$17,279,847 (50.81%)

-$35,128,083 (-1168.73%)

$3,286,887

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Income Common Stock

-$48,319,475 (-179.63%)

-$17,279,847 (50.81%)

-$35,128,083 (-1168.73%)

$3,286,887

Weighted Average Shares

$2,772,867 (-93.49%)

$42,574,563 (124.21%)

$18,988,558 (87.29%)

$10,138,768

Weighted Average Shares Diluted

$2,772,867 (-93.49%)

$42,574,563 (124.21%)

$18,988,558 (87.29%)

$10,138,768

Earning Before Interest & Taxes (EBIT)

-$3,926,399 (78.18%)

-$17,996,082 (58.70%)

-$43,578,179 (-1425.82%)

$3,286,887

Gross Profit

$4,940,835 (-2.26%)

$5,054,939 (623.26%)

$698,911 (-84.48%)

$4,504,711

Operating Income

-$7,091,486 (65.76%)

-$20,712,319 (-842.39%)

-$2,197,840 (-166.87%)

$3,286,887

SHFS Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$12,394 (100.57%)

-$2,180,448 (24.75%)

-$2,897,429 (-379.77%)

$1,035,657

Net Cash Flow from Financing

-$3,006,993 (-515.14%)

-$488,834 (-111.94%)

$4,094,339 (375.25%)

-$1,487,498

Net Cash Flow from Operations

$430,477 (151.73%)

-$832,144 (-149.03%)

$1,697,380 (-42.39%)

$2,946,383

Net Cash Flow / Change in Cash & Cash Equivalents

-$2,564,122 (26.77%)

-$3,501,426 (-220.98%)

$2,894,290 (16.02%)

$2,494,542

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$3,000,000 (1.37%)

-$3,041,680 (0%)

$0

Net Cash Flow - Investment Acquisitions and Disposals

$12,394 (-98.79%)

$1,027,986 (536.25%)

$161,569 (-84.49%)

$1,041,577

Capital Expenditure

$0 (0%)

-$208,434 (-1103.57%)

-$17,318 (-192.53%)

-$5,920

Issuance (Repayment) of Debt Securities

-$3,006,993 (-515.14%)

-$488,834 (0%)

$0 (0%)

$0

Issuance (Purchase) of Equity Shares

$0 (0%)

$0 (0%)

$4,094,339 (0%)

$0

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0

Share Based Compensation

$1,575,952 (-57.54%)

$3,711,367 (32.25%)

$2,806,336 (0%)

$0

Depreciation Amortization & Accretion

$735,110 (-51.31%)

$1,509,804 (697.68%)

$189,274 (9752.89%)

$1,921

SHFS Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

32.40% (12.50%)

28.80% (289.19%)

7.40% (-88.49%)

64.30%

Profit Margin

-317.00% (-222.15%)

-98.40% (73.45%)

-370.60% (-890.19%)

46.90%

EBITDA Margin

-20.90% (77.74%)

-93.90% (79.48%)

-457.70% (-1075.91%)

46.90%

Return on Average Equity (ROAE)

-188.60% (-262.00%)

-52.10% (77.74%)

-234.10% (-209.55%)

213.70%

Return on Average Assets (ROAA)

-89.80% (-292.14%)

-22.90% (29.10%)

-32.30% (-698.15%)

5.40%

Return on Sales (ROS)

-25.80% (74.83%)

-102.50% (77.70%)

-459.70% (-1080.17%)

46.90%

Return on Invested Capital (ROIC)

-8.90% (75.00%)

-35.60% (39.35%)

-58.70% (-1148.21%)

5.60%

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-0.52 (85.07%)

-3.46 (-261.11%)

-0.96

-

Price to Sales Ratio (P/S)

1.64 (-52.41%)

3.44 (-3.21%)

3.56 (-75.60%)

14.57

Price to Book Ratio (P/B)

-2.04 (-205.92%)

1.93 (-70.36%)

6.5 (-68.23%)

20.45

Debt to Equity Ratio (D/E)

-2.08 (-312.92%)

0.97 (-94.71%)

18.43 (73616.00%)

0.03

Earnings Per Share (EPS)

-17.43 (-4151.22%)

-0.41 (77.84%)

-1.85 (0%)

0

Sales Per Share (SPS)

5.5 (1230.99%)

0.41 (-17.23%)

0.5 (-27.79%)

0.69

Free Cash Flow Per Share (FCFPS)

0.15 (745.83%)

-0.02 (-127.27%)

0.09 (-69.66%)

0.29

Book Value Per Share (BVPS)

-4.43 (-649.19%)

0.81 (200.00%)

0.27 (-62.85%)

0.72

Tangible Assets Book Value Per Share (TABVPS)

4.77 (249.49%)

1.36 (-62.71%)

3.66 (392.99%)

0.74

Enterprise Value Over EBIT (EV/EBIT)

-8 (-100.00%)

-4 (-300.00%)

-1 (-102.17%)

46

Enterprise Value Over EBITDA (EV/EBITDA)

-9.99 (-126.50%)

-4.41 (-637.79%)

-0.6 (-101.31%)

45.53

Asset Turnover

0.28 (21.46%)

0.23 (167.82%)

0.09 (-24.35%)

0.12

Current Ratio

0.92 (-6.21%)

0.98 (377.18%)

0.21 (-99.39%)

33.63

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0

Free Cash Flow (FCF)

$430,477 (141.37%)

-$1,040,578 (-161.94%)

$1,680,062 (-42.86%)

$2,940,463

Enterprise Value (EV)

$31,890,062 (-56.16%)

$72,735,119 (180.31%)

$25,947,732 (-82.67%)

$149,744,732

Earnings Before Tax (EBT)

-$4,459,789 (76.66%)

-$19,109,548 (56.94%)

-$44,380,976 (-1450.24%)

$3,286,887

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$3,191,289 (80.64%)

-$16,486,278 (62.00%)

-$43,388,905 (-1419.29%)

$3,288,808

Invested Capital

$10,088,127 (-83.27%)

$60,314,970 (381.66%)

$12,522,339 (579.38%)

$1,843,196

Working Capital

-$983,833 (-626.85%)

-$135,355 (99.66%)

-$39,340,020 (-764.30%)

$5,922,023

Tangible Asset Value

$13,218,287 (-77.24%)

$58,081,164 (-16.38%)

$69,455,493 (823.54%)

$7,520,606

Market Capitalization

$25,069,699 (-62.11%)

$66,162,510 (99.16%)

$33,220,744 (-77.86%)

$150,074,972

Average Equity

$25,623,186 (-22.78%)

$33,181,266 (121.10%)

$15,007,474 (875.62%)

$1,538,255

Average Assets

$53,785,586 (-28.63%)

$75,360,029 (-30.70%)

$108,748,500 (78.15%)

$61,043,983

Invested Capital Average

$44,272,161 (-12.47%)

$50,577,682 (-31.90%)

$74,271,414 (25.60%)

$59,134,556

Shares

2,783,666 (-94.03%)

46,593,317 (148.95%)

18,715,912 (25.58%)

14,903,175