Bloomia FY26 net loss widens to $11.2 million; revenue slips 0.64% to $48.1 million
TULP•Fiscal-year results
- Bloomia Holdings posted fiscal-year net loss attributable to shareholders of USD 11.2 million, widening from USD 2.6 million.
- Revenue edged down 0.64% to USD 48.1 million, while operating loss widened to USD 16.9 million from USD 1.3 million.
- Gross profit fell 22.19% to USD 7.89 million, and gross margin slid 4.5 percentage points to 16.4%.
Management comments and actions
Management cited a USD 13.2 million non-cash impairment charge and said it retired over USD 19 million of debt obligations.
Bloomia said it locked in fiscal 2027 bulb prices near historical averages and is applying a new mite control treatment.
