--- title: "Bloomia | 10-Q: FY2026 Q2 Revenue: USD 6.739 M" type: "news" locale: "en" url: "https://longbridge.com/en/news/275907300.md" published_at: "2026-02-13T13:29:06.000Z" --- # Bloomia | 10-Q: FY2026 Q2 Revenue: USD 6.739 M Revenue: As of FY2026 Q2, the actual value is USD 6.739 M. EPS: As of FY2026 Q2, the actual value is USD -1.29. EBIT: As of FY2026 Q2, the actual value is USD -1.202 M. Bloomia Holdings, Inc. reported its financial and operational metrics for the three and six months ended December 31, 2025 and 2024, along with its strategic outlook. ### Segment Revenue Revenue, net for the three months ended December 31, 2025, increased to $6,739,000 from $6,192,000 in the prior year, primarily due to higher prices. For the six months ended December 31, 2025, revenue, net decreased to $11,892,000 from $12,820,000, attributed to strategically accelerating tulip growth for spring demand, resulting in fewer stems for earlier sales, and purchasing fewer Dutch bulbs in 2024, partially offset by higher prices. #### Revenue Disaggregated by Customer Type: **For the three months ended December 31:** **Supermarket**: $5,716,000 in 2025 compared to $5,629,000 in 2024. **Wholesaler**: $1,023,000 in 2025 compared to $563,000 in 2024. **Other**: $0 in 2025 and $0 in 2024. **For the six months ended December 31:** **Supermarket**: $10,590,000 in 2025 compared to $11,308,000 in 2024. **Wholesaler**: $1,282,000 in 2025 compared to $1,449,000 in 2024. **Other**: $20,000 in 2025 compared to $63,000 in 2024. During the six months ended December 31, 2025, three customers collectively represented approximately 60% of total revenue. ### Operational Metrics #### Gross Profit (Loss) - **Three months ended December 31, 2025**: $484,000 (7.2% of revenue), compared to a gross loss of - $582,000 (-9.4% of revenue) in 2024. The 2025 period benefited from a $300,000 federal government grant, while 2024 included unusually high bulb rot. - **Six months ended December 31, 2025**: $424,000 (3.6% of revenue), compared to $858,000 (6.7% of revenue) in 2024. The decrease was due to accelerated stem growing for spring demand, leading to fewer stems for early-year sales to cover fixed costs, partially offset by the grant, higher prices, and lower bulb rot compared to the prior year. #### Sales, General and Administrative Expenses - **Three months ended December 31, 2025**: $2,773,000, a decrease from $3,305,000 in 2024, due to a purchase accounting adjustment, provision for credit loss in the prior year, and lower corporate overhead. - **Six months ended December 31, 2025**: $5,756,000, a decrease from $6,096,000 in 2024, also due to a purchase accounting adjustment and provision for credit loss in the prior year. #### Operating Loss - **Three months ended December 31, 2025**: - $2,289,000 (-34.0% of revenue), an improvement from - $3,887,000 (-62.8% of revenue) in 2024. - **Six months ended December 31, 2025**: - $5,332,000 (-44.8% of revenue), compared to - $5,238,000 (-40.9% of revenue) in 2024. #### Interest Expense, net - **Three months ended December 31, 2025**: $1,087,000, up from $980,000 in 2024. - **Six months ended December 31, 2025**: $1,909,000, up from $1,780,000 in 2024. The increase for both periods is attributed to higher debt levels, accrued interest on seller notes, increased related party notes, and an increased revolving credit facility. #### Net Loss Attributable to Bloomia Holdings, Inc. - **Three months ended December 31, 2025**: - $2,276,000, an improvement from - $2,940,000 in 2024. - **Six months ended December 31, 2025**: - $5,130,000, compared to - $4,065,000 in 2024. #### EBITDA (Non-GAAP) - **Three months ended December 31, 2025**: - $1,377,000, an improvement from - $2,711,000 in 2024. - **Six months ended December 31, 2025**: - $3,767,000, compared to - $3,285,000 in 2024. ### Cash Flow - **Net cash used in operating activities**: For the six months ended December 31, 2025, it was - $11,424,000, compared to - $9,034,000 in 2024, primarily due to higher Euro prices for purchased bulbs and an increased Euro to dollar exchange rate. - **Net cash used in investing activities**: For the six months ended December 31, 2025, it was - $137,000, compared to - $505,000 in 2024, with 2025 capital expenditures primarily related to software and a strategic shift towards equipment leasing. - **Net cash provided by financing activities**: For the six months ended December 31, 2025, it was $11,825,000, compared to $9,614,000 in 2024, including $10,000,000 drawn from the revolving line of credit and $4,000,000 from notes for bulb purchases, offset by $900,000 in term loan repayments. ### Unique Metrics - **Working Capital**: As of December 31, 2025, working capital was $9,613,000, an increase from $1,089,000 at June 30, 2025, mainly due to purchasing approximately $12,100,000 worth of Dutch tulip bulbs. - **Inventories**: As of December 31, 2025, inventories totaled $17,035,000, consisting of $783,000 in finished goods, $3,278,000 in work-in-process, and $13,009,000 in raw materials and packaging supplies, an increase from $6,697,000 at June 30, 2025. - **Long-term Debt, net**: Total debt was $40,409,000 as of December 31, 2025, up from $30,524,000 at June 30, 2025, including a $14,850,000 term loan, $12,750,000 in notes payable, a $10,000,000 revolving credit facility, and $2,844,000 in paid-in-kind interest. - **Related Party Notes Payable**: As of December 31, 2025, the 2024 Note with Air T had $2,150,000 principal and $301,000 paid-in-kind interest outstanding, while the 2025 Notes with Air T, AO Partners I, L.P., and Gary S. Kohler totaled $4,161,000 including interest. ### Future Outlook and Strategy Bloomia Holdings, Inc. anticipates sufficient liquidity for ongoing operations and debt service for at least the next 12 months through cash from operations combined with funds from its Credit Facility, the 2024 Note, and the 2025 Notes. The company received a waiver for breaches of certain financial covenants as of December 31, 2025, and expects to comply with these covenants by June 30, 2026. Additionally, Bloomia Holdings, Inc. plans a Rights Offering to raise up to $15,500,000 by issuing common stock at $4.05 per share, with an over-subscription privilege for existing stockholders. ### Related Stocks - [TULP.US - Bloomia](https://longbridge.com/en/quote/TULP.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 網域存儲技術｜10-Q：2026 財年 Q3 營收 17.13 億美元超過預期 | | [Link](https://longbridge.com/en/news/277098170.md) | | Rocket Lab｜10-K：2025 財年營收 6.02 億美元超過預期 | | [Link](https://longbridge.com/en/news/277100333.md) | | 聖喬｜8-K：2025 財年 Q4 營收 1.29 億美元 | | [Link](https://longbridge.com/en/news/276939400.md) | | VICI Prop｜10-K：2025 財年營收 40.06 億美元不及預期 | | [Link](https://longbridge.com/en/news/276941753.md) | | Hayward｜8-K：2025 財年 Q4 營收 3.49 億美元超過預期 | | [Link](https://longbridge.com/en/news/276883727.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.