Beeline Holdings, Inc. (NASDAQ: BLNE), a forward-thinking digital mortgage lender and SaaS platform, has announced its Q2 2025 results, revealing a 31% increase in funded loan volume to $52 million from the previous quarter. The company's revenue also saw a significant rise, climbing 27% to $1.7 million, after excluding the divested Bridgetown Spirits business in July. This strategic move allowed Beeline to concentrate more intently on its core mortgage operations.
Financial health indicators showed marked improvement, with the company reducing its GAAP net loss to $4.1 million from $6.9 million in Q1. Adjusted EBITDA loss also improved, decreasing to $2.8 million from $3.5 million. Beeline made notable strides in debt reduction, paying down $2.7 million and aiming to be debt-free, excluding its loan warehouse facility, by November 1. The quarter ended with $6.3 million in cash and $55 million in equity, alongside a $0.3 million reduction in monthly recurring expenses, expected to be fully realized by September.
Looking ahead, Beeline anticipates achieving monthly operating profitability by January 2026. The company is also gearing up for the early October launch of its BeelineEQUITY product, designed for fractional residential real estate equity sales, in collaboration with a crypto-issuing partner. This initiative underscores Beeline's commitment to innovation and its mission to simplify home financing for the modern buyer through technology.
For more details on Beeline Holdings, Inc.'s Q2 2025 results and future plans, visit https://ibn.fm/g7B5a.
