Bloomia Holdings Inc.

Lendway, Inc. (LDWY) reported Q2 2026 results for the period ending December 31, 2025, with net revenue of $6.7M, down amid challenging market conditions. Gross profit was $484K after $6.3M cost of goods sold, yielding a slim gross margin. Sales, general, and administrative expenses of $2.8M drove an operating loss of -$2.3M. Foreign currency losses of $47K and interest expense contributed to a pre-tax loss from continuing operations of -$3.3M. An income tax benefit of -$661K reduced the net loss from continuing operations to -$2.7M, offset slightly by $22K from discontinued operations. Net loss including noncontrolling interest was -$2.7M, with net loss attributable to Bloomia Holdings, Inc. at -$2.3M. Basic and diluted EPS from continuing operations was -$1. Balance sheet showed total assets of $105.6M, including $23.8M current assets and $17.0M inventories. Total liabilities reached $96.7M, with stockholders' equity at $8.9M. Operating cash flow used -$11.4M, offset by $11.8M financing inflows, yielding a $303K net cash increase. Elevated debt and related party notes signal liquidity pressures, warranting investor caution on near-term profitability.

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