BLOOMIA HOLDINGS, INC. TULP
The Company historically reported on a calendar year basis ending on December 31. The Company's Board of Directors approved a change in the Company's year-end from December 31 to June 30 of each calendar year, effective June 30, 2025. The change aligns the fiscal years of the Company with the Bloomia business and reflects the seasonality of the Bloomia business. The Company is filing this Transition Report on Form 10-KT for the six-month transition period from January 1, 2025 to June 30, 2025. In this Transition Report on Form 10-KT, the calendar years ended December 31, 2024 and 2023 are referred to as "Calendar Year 2024" and "Calendar Year 2023," respectively, and reflect financial results for the twelve-month period from January 1 to December 31.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $37.8M | — | $18.8M | $19.5M | $17.5M | $21.5M | $33.2M | $26.4M | $24.9M |
| Cost of revenue | — | $31.3M | — | $15.5M | $16.3M | $533.0K | $17.2M | $20.7M | $18.0M | $17.8M |
| Gross profit | — | $6.5M | — | $3.3M | $3.2M | $2.9M | $4.3M | $12.6M | $8.4M | $7.1M |
| SG&A | — | $13.2M | $3.5M | $2.4M | $5.1M | $4.0M | $3.4M | $4.6M | $4.1M | $4.1M |
| Total operating expenses | — | — | $3.5M | $2.4M | $8.0M | $7.7M | $10.4M | $10.7M | $9.3M | $9.1M |
| Operating income | — | -$6.7M | -$3.5M | -$2.4M | -$4.8M | -$4.8M | -$6.1M | $1.8M | -$908.0K | -$2.1M |
| Interest expense | — | — | — | — | $36.0K | $32.0K | — | — | — | — |
| Pre-tax income | — | -$9.2M | -$3.0M | -$2.3M | $273.0K | $0 | -$6.0M | $1.9M | -$909.0K | -$2.1M |
| Income tax | — | $2.3M | $20.0K | $6.0K | $42.0K | $191.0K | $424.0K | $484.0K | $270.0K | $814.0K |
| Net income | — | -$5.7M | $2.4M | $10.0M | -$3.5M | -$4.6M | -$5.6M | $1.4M | -$639.0K | -$1.3M |
| EPS, basic | — | -3.24 | 1.36 | 5.61 | -2.01 | -2.66 | -3.27 | 0.12 | -0.06 | -0.11 |
| EPS, diluted | — | -3.24 | 1.36 | 5.59 | -2.01 | -2.66 | -3.27 | 0.12 | -0.06 | -0.11 |
| Shares, diluted (wtd. avg.) | — | 1.8M | 1.8M | 1.8M | 1.8M | 1.7M | 1.7M | 12.0M | 11.7M | 11.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $906.0K | $1.8M | $16.1M | $14.5M | $3.9M | $7.1M | $7.5M | $10.2M | $4.7M | $12.3M |
| Receivables | $5.1M | $2.2M | $200.0K | $0 | $5.2M | $5.9M | $6.2M | $6.4M | $11.9M | $9.9M |
| Inventory | $6.7M | $13.4M | — | $29.0K | $19.0K | $85.0K | $322.0K | $353.0K | $301.0K | $325.0K |
| Total current assets | $14.8M | $18.8M | $16.6M | $20.8M | $10.4M | $14.0M | $15.9M | $19.7M | $17.6M | $23.9M |
| Property, plant and equipment | $11.4M | $11.3M | $35.0K | $0 | $113.0K | $75.0K | $549.0K | $3.3M | $2.7M | $2.4M |
| Goodwill | $11.1M | $10.7M | — | — | — | — | — | — | — | — |
| Other intangibles | $24.8M | $25.6M | — | — | — | $0 | $317.0K | — | — | — |
| Total assets | $96.1M | $100.0M | $16.7M | $21.0M | $10.7M | $14.3M | $17.0M | $24.0M | $21.7M | $28.2M |
| Accounts payable | $1.7M | $3.0M | $32.0K | $138.0K | $2.5M | $3.1M | $3.0M | $3.3M | $3.2M | $2.5M |
| Short-term debt | — | $1.8M | — | — | $0 | $464.0K | $0 | — | — | — |
| Total current liabilities | $13.8M | $7.8M | $1.1M | $7.4M | $6.6M | $6.4M | $5.2M | $6.4M | $5.8M | $12.1M |
| Long-term debt | $30.5M | $38.5M | — | — | — | $590.0K | $0 | — | — | — |
| Retained earnings | -$4.9M | -$6.4M | -$661.0K | -$3.1M | -$13.1M | -$9.6M | $1.3M | $611.0K | -$639.0K | $0 |
| Total equity | $12.1M | $9.8M | $15.5M | $13.4M | $3.2M | $6.7M | $11.1M | $16.3M | $14.8M | $15.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | -$4.1M | $518.0K | $10.7M | -$3.0M | -$1.6M | -$2.3M | $7.1M | $1.8M | -$4.0M |
| Depreciation and amortisation | — | $1.3M | $40.0K | $59.0K | $60.0K | $477.0K | $1.6M | $1.2M | $1.3M | $1.4M |
| Stock-based compensation | — | $60.0K | $44.0K | $123.0K | $232.0K | $172.0K | $422.0K | $410.0K | $387.0K | $204.0K |
| Capital expenditure | — | $1.2M | $39.0K | $0 | $106.0K | $61.0K | $398.0K | $1.3M | $1.2M | $1.5M |
| Investing cash flow | — | -$35.1M | $1.5M | -$29.0K | -$90.0K | $139.0K | -$398.0K | -$1.3M | -$1.2M | $8.0M |
| Financing cash flow | — | $24.9M | -$473.0K | $39.0K | -$187.0K | $1.1M | $59.0K | -$344.0K | -$8.2M | -$307.0K |
| Dividends paid | — | — | — | — | — | $14.0K | $14.0K | $14.0K | $8.2M | $0 |
| Buybacks | — | — | $482.0K | $0 | — | — | $0 | $298.0K | $0 | $312.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001558370-25-011807.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.9M | $26.4M | $33.2M | $21.5M | $17.5M | $19.5M | $18.8M | — | $37.8M | — |
| Gross profit | $7.1M | $8.4M | $12.6M | $4.3M | $2.9M | $3.2M | $3.3M | — | $6.5M | — |
| Net income | -$1.3M | -$639.0K | $1.4M | -$5.6M | -$4.6M | -$3.5M | $10.0M | $2.4M | -$5.7M | — |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed Item 1.01
- New debt or obligation Item 2.03
- Other event Item 8.01
- Charter or fiscal year changed Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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