Bloomia Reports $5.3 Million Q4 Loss as Revenue Falls to $21.8 Million

Bloomia Holdings (TULP), formerly traded as Lendway under ticker LDWY, reported fourth-quarter fiscal 2026 net revenue of $21.8 million, down from $23.2 million a year earlier. Net loss attributable to Bloomia Holdings was $5.3 million, or $1.11 per diluted share, versus net income of $1.0 million, or $0.58 per diluted share.

For the fiscal year ended June 30, 2026, revenue was $48.1 million and net loss attributable to the company was $11.2 million, or $4.43 per diluted share. Results included $13.2 million of non-cash impairment charges and a $7.0 million gain on settlement of debt.

• Fourth-quarter operating loss was $11.5 million, compared with operating profit of $2.5 million a year earlier.
• Fiscal-year revenue declined from $48.4 million in fiscal 2025 to $48.1 million.
• Total debt fell 36% to $21.7 million at June 30, 2026, from $34.1 million a year earlier.
• The company said excess production waste associated with an industry-wide mite issue exceeded $2.5 million during fiscal 2026.
• Cash and cash equivalents totaled $1.5 million at June 30, 2026.