Lendway reports Q3 2023 loss; pivots to non-bank agricultural lending

BLOOMIA HOLDINGS, INC.

2024-Q3 EPS reported $1.53

G&A expenses of $1.56M, including $926K severance for former CEO.
Cash and equivalents of $15.0M at Sept 30, 2023.
Expects minimal revenue and losses from continuing ops for rest of year.
New non-bank lending business focused on real estate-secured ag loans.
Exploring strategic alternatives to maximize stockholder value.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

BLOOMIA HOLDINGS, INC. reported financial results for third quarter ended September 30, 2023.

Period: third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 13, 2023, Lendway, Inc. issued a press release announcing the Company’s financial results for the three and nine months ended September 30, 2023.

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

BLOOMIA HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001654954-23-014160

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