# Bloomia Holdings, Inc. (TULP)

> Source: Nexqual · https://nexqual.com/TULP · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Bloomia Holdings, Inc. (TULP), nexqual.com/TULP" · informational, not investment advice.

**Price:** USD 2.4 (+5.26% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 2.28 · day 2.4–2.4 · 52w 2–5.53 · market cap $11.6M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $48.1M, net income -$11.2M (-23.2% margin), free cash flow -$4.4M (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -48.8% vs S&P 500 +13.4%; 5Y -66.7% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $19.5M | $18.8M | — | $37.8M | $48.1M | $48.1M |
| Gross profit | $3.2M | $3.3M | — | $6.5M | $7.9M | — |
| Operating income | -$4.8M | -$2.4M | -$3.5M | -$6.7M | -$16.9M | -$16.9M |
| Net income | -$3.5M | $10.0M | $2.4M | -$5.7M | -$11.2M | -$11.2M |
| EPS (diluted) | -$2.01 | $5.59 | $1.36 | -$3.24 | -$4.43 | — |
| Free cash flow | -$3.1M | $10.7M | $479K | -$5.2M | -$4.4M | -$4.4M |
| Gross margin | 16.6% | 17.6% | — | 17.2% | 16.4% | — |
| Operating margin | -24.6% | -13.0% | — | -17.8% | -35.0% | -35.0% |
| Net margin | -18.1% | 53.4% | — | -15.2% | -23.2% | -23.2% |
| Revenue growth | +11.6% | -3.6% | — | — | — | — |
| Cash + short-term investments | $3.9M | $14.4M | $16.1M | $1.8M | $1.5M | — |
| Total debt | — | — | $0K | $40.3M | $20.7M | — |
Fiscal years end Jun. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.2x · EV/Sales 0.6x · P/B 0.9x · FCF yield -38.07% · Earnings yield -96.43% · Net debt $19.2M · EV $30.8M
P/E at fiscal year-ends: Dec 2023 3.4x.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -48.8% | -66.7% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -48.9% | -19.8% |
| Volatility (annualized) | 78.1% | 99.7% |
| Max drawdown | -59.8% (Jan 2026→Oct 2026) | -90.3% (Jan 2022→Oct 2026) |

## Peers (Farm Products)
VFF (Village Farms International, In) USD 2.58 -4.98% · AFRI (Forafric Global PLC) USD 11.82 -2.07% · VITL (Vital Farms, Inc.) USD 9.14 -2.87% · DOLE (Dole plc) USD 13.44 -0.59% · DMC (Del Monte Corporation) USD 29.51 -1.40% · AGRO (Adecoagro S.A.) USD 10.12 +2.95%

## More
Full page: https://nexqual.com/TULP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in TULP's own 10-K filed 2026-09-21 (https://www.sec.gov/Archives/edgar/data/875355/000110465926109274/tulp-20260630x10k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | AIR T INC (AIRT) | "On September 15, 2025, the Company entered into unsecured Promissory Notes (collectively, the "2025 Notes") with Air T, AO Partners I, L.P. ("AO Partners Fund"), and Gary S." |

Other companies that name TULP in their own reports (relationship from TULP's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| partner | AIR T INC (AIRT) | 10-K 2026-06-29 | "LLC, Blue Crest Aviation Partners 2025-01 ("BCAP"), Bloomia Holdings, Inc. - NASDAQ: TULP ("Bloomia"), formerly known as Lendway, Inc. ("Lendway"), Cadillac Casting, Inc. ("CCI") and other smaller ent…" |

## Customer concentration

Period ended 2026-06-30: 20%, 18%, 11%, 10% of revenue from unnamed direct customers (10-K, filed 2026-09-21).

## Company outlook (8-K filed 2026-09-21)

- "These prices are back to historical averages, which is a projected savings of greater than 20% over fiscal year 2026 for one of our single largest categories of expense."
- "Looking ahead to fiscal year 2027, the Company has contracted bulb prices near fiscal year 2025 rates, so the Company expects margins to improve."
- "The impact assumes that all wasted stems could have been sold, as they were wasted in the quarter with the highest demand."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year (ends 2014-12-31) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |