Lendway, Inc. engages in the provision of in-store and digital advertising solutions. It serves the consumer-packaged goods (CPG) manufacturers, retailers, shopper marketing agencies, and brokerages markets. The company was founded in 1990 and is headquartered in Minneapolis, MN.
Bloomia Holdings, Inc. Announces March 31, 2026 Financial Results
Bloomia Holdings reported Q3 revenue of $14.4 million, up 16% year-over-year, driven by higher pricing despite a 3% decline in stems sold.
Profitability deteriorated sharply as gross margins contracted to 19.8% from 31.3%, causing the company to swing to a net loss of $0.8 million compared to net income of $0.4 million in the prior year.
The company completed a $12.1 million rights offering, using proceeds to pay down $4.9 million in high-interest debt and secure $10 million in forgiveness, reducing total debt to $47.5 million.