Xtraction Services Holdings Corp. (XSHLF)
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XS Financial Reports Second Quarter 2024 Results and Provides an Update on Privatization Transaction
LOS ANGELES, CA / ACCESSWIRE / August 29, 2024 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF)(OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, reports its financial results today for the second quarter ended June 30 th , 2024. All amounts are expressed in U.S. dollars unless indicated otherwise.
XS Financial Announces Date for Q2 2024 Financial Results
LOS ANGELES, CA / ACCESSWIRE / August 22, 2024 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF)(OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced today that the Company will report its financial results for the quarter ended June 30, 2024, on Thursday August 29, 2024 after market close. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended June 30, 2024, will be available on the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.XSFinancial.com/investors.
XS Financial Announces Refiled Annual Statements
LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF)(OTCQB:XSHLF), a leading equipment finance company to the cannabis industry in the United States, announced today that it has refiled its annual financial statements (the "2023 Financial Statements") and management's discussion and analysis ("MD&A") for the fiscal year ended December 31, 2023 (collectively, the "Refiled Statements and MD&A"). As previously disclosed, the Company recently changed its auditors from Urish Popeck & Co., LLC to Link-It Accounting and Financial Services Inc. (the "Successor Auditor"), effective July 5th, 2024.
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Xtraction Services Holdings Corp. Profile
| Credit Services Industry | Financial Services Sector | Mr. David Kivitz CEO | OTCQB Exchange | - ISIN |
| Canada Country | - Employees | - Last Dividend | 30 Apr 2018 Last Split | - IPO Date |
Overview
XS Financial Inc. is a specialty finance company operating within the United States, offering innovative leasing solutions specifically focused on the equipment needs of cannabis and hemp companies. Initially founded in 2017 as Xtraction Services Holdings Corp., the company underwent a rebranding to XS Financial Inc. in June 2020. Its corporate headquarters is situated in Los Angeles, California. XS Financial stands out by catering to a niche market, including cultivators, oil processors, manufacturers, and testing laboratories within the rapidly growing cannabis and hemp industries. This focus allows them to provide tailored financial solutions that address the unique challenges faced by their clients.
Products and Services
XS Financial Inc. offers a suite of services designed to meet the diverse needs of the cannabis and hemp sectors:
- Equipment-Specific Leasing: This service provides companies with the opportunity to lease the equipment they need without the high upfront cost. This enables businesses to keep their operations running efficiently with the latest technology.
- Sale-Leasebacks: XS Financial offers a financial solution where companies can sell their existing equipment to XS Financial and then lease it back. This allows businesses to free up capital while still using the equipment necessary for their operations.
- Equipment Purchasing Solutions: Beyond leasing, XS Financial provides purchasing solutions for companies looking to buy equipment outright. This service caters to businesses that prefer owning their equipment but may require financing options to spread out the cost.
- Equipment Procurement Services: This unique service aids companies in procuring the equipment they need. XS Financial leverages its expertise and network in the cannabis and hemp industries to assist clients in finding and acquiring the right equipment for their specific needs.
Contact Information
