5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $8M | -$2M | 0.0% | -70.4% | — | — | $7M |
| 2024 | $15M | -$48M | 0.0% | -46.5% | — | — | $2M |
| 2023 | $18M | -$17M | 0.0% | -118.0% | -$1M | $56M | $5M |
| 2022 | $9M | -$35M | 0.0% | -23.2% | $2M | $19M | $8M |
| 2021 | $7M | $1M | 0.0% | -10.3% | -$554470 | — | $5M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2M | -$2M | 0.0% | -89.3% | — | — | $6M |
| Dec '25 | $2M | -$582592 | 0.0% | -59.1% | — | — | $7M |
| Sep '25 | $2M | $179508 | 0.0% | -66.4% | — | — | $861722 |
| Jun '25 | $2M | -$930715 | 0.0% | -52.6% | — | — | $247318 |
| Mar '25 | $2M | -$827199 | 0.0% | -103.1% | — | — | $931397 |
| Dec '24 | $4M | -$52M | 0.0% | -215.0% | — | — | $2M |
| Sep '24 | $3M | $353817 | 0.0% | 5.1% | — | $55M | $6M |
| Jun '24 | $4M | $941527 | 0.0% | 7.4% | — | $55M | $6M |
| Mar '24 | $4M | $2M | 0.0% | 8.0% | — | $58M | $6M |
| Dec '23 | $4M | $2M | 0.0% | -38.6% | -$607112 | $56M | $5M |
| Sep '23 | $4M | -$748067 | 0.0% | 12.3% | $739754 | $15M | $9M |
| Jun '23 | $5M | -$18M | 0.0% | -391.7% | -$392509 | $15M | $8M |
| Mar '23 | $4M | -$1M | 0.0% | -38.8% | -$780711 | $15M | $9M |
| Dec '22 | $4M | -$37M | 0.0% | -108.0% | -$273970 | $19M | $8M |
| Sep '22 | $2M | $1M | 0.0% | 34.7% | $727410 | $18M | $7M |
| Jun '22 | $2M | $336344 | 0.0% | 18.2% | $724584 | — | $172441 |
| Mar '22 | $2M | $501600 | 0.0% | 30.0% | $502038 | — | $47885 |
| Dec '21 | $2M | -$571118 | 0.0% | -27.2% | $757917 | — | $5M |
| Sep '21 | $2M | $4M | 0.0% | -14.2% | — | — | $330240 |
| Jun '21 | — | -$2M | — | — | — | — | $938805 |
How the market has priced SHFSW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 4 years, SHF Holdings, Inc.'s revenue has grown 2.3% per year. These are computed facts, not advice.
As of FY2025, SHF Holdings, Inc. reported — of total debt against $7M of cash; operating income covered interest expense -11.0×.
In FY2025, gross margin was —, operating margin -70.4%, and net margin -28.2%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.