XS Financial Announces Date For First Quarter 2022 Financial Results And Earnings Call

Rhea-AI Summary

XS Financial (CSE:XSF, OTCQB:XSHLF) will report its first quarter financial results for 2022 on May 26, 2022, after market close. An earnings call will follow on the same day at 1:30 p.m. Pacific (4:30 p.m. Eastern). Financial statements and management's discussion will be available on SEDAR and the company’s website. XS Financial specializes in providing CAPEX and equipment financing solutions to the U.S. cannabis industry and has established partnerships with over 150 OEMs, enhancing its financial offerings.

Positive

• XS Financial provides non-dilutive CAPEX financing solutions in the cannabis industry.
• The company has over 150 OEM partnerships which enhance revenue potential.
• Upcoming earnings call could provide insights into financial performance and future guidance.

Negative

• None.

LOS ANGELES, CA / ACCESSWIRE / May 19, 2022 / 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 first quarter ended March 31, 2022, on Thursday, May 26, 2022 after market close. The Company will also host a conference call and audio webcast to review the financial results on Thursday, May 26, 2022 at 1:30 p.m. Pacific (4:30 p.m. Eastern).

The Company's unaudited consolidated financial statements and management's discussion and analysis for the quarter ended March 31, 2022, 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.

Earnings Call Participation Details
Canada/USA Toll Free: 1-800-319-4610

Conference Replay

Canada/USA Toll Free: 1-800-319-6413
Replay Access Code: 8988

About XS Financial

XS Financial provides the U.S. cannabis industry access to competitively-priced, non-dilutive CAPEX financing solutions. Founded in 2017, the Company specializes in providing financing for equipment and other qualified capital expenditures to growing cannabis companies, including cultivators, processors, manufacturers and testing laboratories. In addition, XSF has partnered with over 150 original equipment manufacturers (OEM) through its network of Preferred Vendor partnerships. This powerful dynamic provides an end-to-end solution for customers, resulting in recurring revenues, strong profit margins, and a proven business model for XSF stakeholders. The Company's subordinate voting shares are traded on the Canadian Securities Exchange under the symbol "XSF" and in the United States on the OTCQB under the symbol "XSHLF." For more information, visit: www.xsfinancial.com.

For inquiries please contact:

David Kivitz Chief Executive Officer Antony Radbod Chief Operating Officer Tel: 1-310-683-2336 Email: ir@xsfinancial.com

Forward-Looking Information

This press release contains "forward-looking information" and may also contain statements that may constitute "forward-looking statements", collectively "forward-looking information", within the meaning of applicable Canadian securities legislation. Such forward-looking information is not representative of historical facts or information or current condition, but instead represent the beliefs and expectations regarding future events about the business and the industry and markets in which XS Financial operates, as well as plans or objectives of management, many of which, by their nature, are inherently uncertain. Generally, such forward-looking information can be identified by the use of terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information contained herein may include but is not limited to, any additional leasing opportunities and the ability to capitalize on such and the timing thereof. Forward-looking information is not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking information, which are qualified in their entirety by this cautionary statement. XS Financial Inc., does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: XS Financial

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FAQ

When will XS Financial report its first quarter 2022 financial results?

XS Financial will report its first quarter 2022 financial results on May 26, 2022.

What time is the earnings call for XS Financial on May 26, 2022?

The earnings call for XS Financial will take place at 1:30 p.m. Pacific (4:30 p.m. Eastern) on May 26, 2022.

Where can I find XS Financial's financial statements for the first quarter 2022?

The unaudited financial statements will be available on SEDAR and XS Financial's website on May 26, 2022.