SHF (SHFS) - 2024 Q1 - Quarterly Results
SHFSSHF (SHFS)2024-05-14 04:10

Exhibit 99.1 Safe Harbor Financial Announces First Quarter 2024 Results —Net Income increased 245% year-over-year to approximately 2.0millioninthefirstquarterof2024AdjustedEBITDAincreased165.32.0 million in the first quarter of 2024 —Adjusted EBITDA increased 165.3% to approximately 1.1 million —Operating Expenses decreased 35.8% versus the same period in 2023 GOLDEN, Colo., May 13, 2024 — SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulat ...