BLOOMIA HOLDINGS, INC. SEC 10-Q Report

Bloomia Holdings, Inc., a leading player in the floriculture industry, has released its Form 10-Q report for the quarter ending December 31, 2025. The report highlights the company's financial performance and operational achievements, providing insights into its revenue streams, profitability, and strategic initiatives. Financial Highlights Revenue, net: Bloomia Holdings reported a net revenue of $6.739 million for the three months ended December 31, 2025, marking an increase from $6.192 million in the same period in 2024. This growth was primarily driven by higher prices. For the six months ended December 31, 2025, net revenue was $11.892 million, a decrease from $12.820 million in the same period in 2024, attributed to fewer stems available for sale and fewer Dutch bulbs purchased, partially offset by higher prices.Gross profit (loss): The company achieved a gross profit of $0.484 million for the three months ended December 31, 2025, compared to a gross loss of $0.582 million in the same period in 2024. This improvement was due to a $0.3 million grant and lower bulb rot. For the six months ended December 31, 2025, gross profit was $0.424 million, down from $0.858 million in the same period in 2024, impacted by fewer stems available for sale to cover fixed costs, partially offset by a grant and higher prices.Operating loss: The operating loss for the three months ended December 31, 2025, was $(2.289) million, an improvement from $(3.887) million in the same period in 2024, reflecting lower sales, general, and administrative expenses. For the six months ended December 31, 2025, the operating loss was $(5.332) million, compared to $(5.238) million in the same period in 2024.Net loss attributable to Bloomia Holdings, Inc.: The net loss for the three months ended December 31, 2025, was $(2.276) million, compared to $(2.940) million in the same period in 2024. For the six months ended December 31, 2025, the net loss was $(5.130) million, compared to $(4.065) million in the same period in 2024.Net loss per basic and diluted share attributable to Bloomia Holdings, Inc.: The net loss per share for the three months ended December 31, 2025, was $(1.29), compared to $(1.66) in the same period in 2024. For the six months ended December 31, 2025, the net loss per share was $(2.90), compared to $(2.30) in the same period in 2024. Business Highlights Revenue Segments: The company reported revenue from supermarkets at $5.716 million and from wholesalers at $1.023 million for the three months ended December 31, 2025. For the six months ended December 31, 2025, revenue from supermarkets was $10.590 million and from wholesalers was $1.282 million.Geographical Performance: Bloomia operates from three locations in the United States, the Netherlands, and South Africa, with a 30% interest in a greenhouse business in Chile. The U.S. operations have expanded sales across the country, with a focus on the East Coast.Sales Units: Bloomia nurtured over 90 million tulip stems in the twelve months ended June 30, 2025. The South African facility produced an average of approximately 3.5 million tulip stems per year over the last five years.Operational Strategy: The company strategically accelerated the growing of tulip stems to meet spring demand, which led to fewer stems available for sale at the beginning of the fiscal year.Operational Efficiency: Investments in automation at the U.S. greenhouse have increased production efficiency, allowing for higher margins due to reduced freight costs and tariffs.Future Outlook: The company expects to be in compliance with financial covenants for at least the next twelve months and plans to continue leveraging its strategic locations and operational efficiencies to drive growth.SEC Filing: BLOOMIA HOLDINGS, INC. [ LDWY ] - 10-Q - Feb. 13, 2026