M&A
confidence medium
sentiment neutral
materiality 0.60
Lendway files audited financials for acquired Bloomia; revenue $44.8M in FY2023
BLOOMIA HOLDINGS, INC.
- Lendway completed acquisition of Bloomia on Feb 22, 2024, obtaining 81.4% ownership interest.
- Bloomia's audited revenue for FY ended June 30, 2023 was $44.8M, up from $43.1M in FY2022.
- Bloomia produces over 75 million tulip stems annually with operations in USA, Netherlands, South Africa.
- Pro forma financials for combined entity as of Dec 31, 2023 are provided in the filing.