secwatch.observer — SEC 8-K summary
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Issuer:     BLOOMIA HOLDINGS, INC. (TULP)
CIK:        0000875355
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001654954-24-010858
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lendway reports Q2 rev $16.8M from Bloomia; net loss $0.7M; enters $2.5M note with Air T
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- Net revenue of $16.8M in Q2 vs $0 year ago; all from Bloomia acquisition closed Feb 2024.
- Net loss attributable to Lendway was $0.7M ($0.42 loss/share) vs $0.04M loss ($0.02 loss) in Q2 2023.
- Adjusted EBITDA of $1.8M compared to negative $0.5M in Q2 2023; cash from ops $3.5M.
- Entered unsecured delayed draw term note with Air T, Inc. for up to $2.5M, 8% fixed, maturing Aug 2029; related party.
- Guidance: expects losses in H2 2024 due to seasonality and one-time costs; full-year loss anticipated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875355/000165495424010858/0001654954-24-010858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875355/000165495424010858/ldwy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-010858

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer