Bloomia Holdings, Inc. Announces September 30, 2026 Financial Results
Key Highlights
- ➤Revenue $5.0M, down from $5.2M year over year
- ➤Adjusted EBITDA loss $1.9M, improved from $2.4M loss
- ➤Operating loss $3.1M, versus $3.0M prior-year loss
- ➤Cash used in operations fell to $4.7M from $9.9M
- ➤Revolver borrowings increased to $8.6M from $4.0M
Expert Statements
Mark Jundt, Chairman and Co-Chief Executive Officer of Bloomia Holdings
“Our revenue remained stable during the quarter, while we continued to make meaningful progress on the key operational and financial initiatives that are strengthening Bloomia's foundation for long-term growth. This progress is evident in our quarter's results, where we improved our net loss by 17% and our adjusted EBITDA by 21% over the comparable prior year quarter. Further, we used significantly less cash in the quarter as Dutch bulb prices dropped materially year-over-year. This both strengthens our balance sheet by preserving cash, and leads to improved operating margins for the year ahead.”
Dan Philp, Co-Chief Executive Officer of Bloomia Holdings
“Our first fiscal quarter is where we lay the foundation for a successful year. We have dug deep into analyzing our core operating processes, resulting in many process improvements that are simultaneously increasing quality and decreasing waste. We are set up for a year of growth in terms of both revenue and profitability.”
MINNEAPOLIS, MN / ACCESS Newswire / November 12, 2026 / Bloomia Holdings, Inc. (Nasdaq:TULP) ("Bloomia Holdings" or the "Company") today announced its financial results for the first fiscal quarter ended September 30, 2026.
The Company reported revenues of $5.0 million for the quarter, compared to revenues of $5.2 million in the comparable prior year quarter. Adjusted EBITDA for the quarter was a loss of $1.9 million compared to a loss of $2.4 million in the comparable prior year quarter. The Company reported a net loss of $2.4 million compared to a net loss of $2.9 million in the comparable prior year quarter.
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