earnings
confidence high
sentiment negative
materiality 0.80
Bloomia FY26 net loss $11.2M after $13.2M non-cash impairment; debt cut 36%
BLOOMIA HOLDINGS, INC.
- FY26 revenue $48.1M (vs $48.4M); net loss $11.2M (EPS -$4.43) vs $2.6M loss; Adjusted EBITDA -$0.5M vs +$2.0M.
- Q4 FY26 revenue $21.8M; net loss $5.3M (EPS -$1.11) vs $1.0M income; operating loss $11.5M on $13.2M non-cash impairment.
- $13.2M impairment = $11.1M goodwill + $2.0M intangibles; excess $2.5M waste from mite treatment; $7.0M gain on debt settlement.
- Debt cut to $21.7M from $34.1M (-36%); $19M retired via rights offering (3M shares @ $4.05, gross $12.1M).
- Bulb costs +21%, Euro +6% in FY26; FY27 contracts locked near FY25 rates, saving >20%; new mite treatment added.