Beeline Holdings, Inc. (NASDAQ: BLNE), a digital mortgage lender and SaaS platform, has reported a notable increase in its Q2 2025 funded loan volume, reaching $52 million, a 31% rise from the previous quarter. This growth is complemented by a 27% increase in revenue, totaling $1.7 million, following the divestiture of Bridgetown Spirits in July to concentrate on its core mortgage business. The company has made significant strides in reducing its debt, paying down $2.7 million in the quarter, with expectations to be debt-free, excluding its loan warehouse facility, by November 1.
The financial health of Beeline Holdings shows improvement, with the GAAP net loss narrowing to $4.1 million from $6.9 million in Q1, and the adjusted EBITDA loss improving to $2.8 million from $3.5 million. Ending the quarter with $6.3 million in cash and $55 million in equity, the company has also successfully reduced its monthly recurring expenses by $0.3 million, anticipating full realization of these savings by September.
Looking ahead, Beeline Holdings anticipates achieving monthly operating profitability by January 2026. In a strategic move to expand its offerings, the company plans an early October launch of its BeelineEQUITY product, designed for fractional residential real estate equity sales. This initiative is supported by a partnership with a crypto-issuing partner, marking a significant step in leveraging technology to innovate within the real estate and mortgage sectors.
For more detailed information on Beeline Holdings' Q2 2025 results and future plans, visit https://ibn.fm/g7B5a. Additional updates and news relating to BLNE can be found in the company’s newsroom at https://ibn.fm/BLNE.
This development is crucial for investors and industry observers as it highlights Beeline Holdings' resilience and strategic focus amidst a challenging economic landscape, signaling potential growth and innovation in the digital mortgage and real estate equity markets.
