LDWY, US45765Y2046

LDWY stock changed to TULP as Bloomia reports a wider loss

Published on 10/04/2026 at 20:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LDWY stock now trades as TULP after Bloomia reported a USD 11.2 million fiscal 2026 loss on September 21, 2026. Revenue was USD 48.1 million versus USD 48.4 million.

LDWY, US45765Y2046, Illustration mit AI erstellt.

LDWY stock was last at USD 2.84 on Nasdaq on October 2, 2026, at 3:59 p.m. ET, up 5.19 percent for the session. The move followed Bloomia Holdings' fiscal 2026 results, which showed flat revenue, a much wider loss and a sharp reduction in debt.

LDWY becomes TULP

According to Bloomia Holdings on September 21, 2026, the company changed its name in January and began trading under TULP on February 2, 2026. The former LDWY ticker therefore identifies the company's prior market name rather than its current Nasdaq symbol.

The fiscal year ended June 30, 2026 delivered USD 48.1 million of revenue, compared with USD 48.4 million in fiscal 2025. That 0.6 percent decline was small beside the earnings deterioration: the net loss attributable to Bloomia reached USD 11.2 million, compared with a USD 2.6 million loss in the prior year, according to Bloomia Holdings.

Margins absorb the cost shock

Gross profit fell to USD 7.9 million from USD 10.1 million, cutting the gross margin to 16.4 percent from 20.9 percent. Adjusted EBITDA also shifted from a USD 2.0 million profit to a USD 0.5 million loss in fiscal 2026.

The company attributed the pressure to a 21 percent increase in average tulip bulb costs, a 6 percent increase in the Euro exchange rate used to purchase bulbs and more than USD 2.5 million of excess production waste. A USD 13.2 million non-cash impairment charge further widened the reported loss.

Debt reduction changes the balance

Bloomia retired more than USD 19 million of debt obligations during fiscal 2026. Total debt fell 36 percent from USD 34.1 million at June 30, 2025, to USD 21.7 million at June 30, 2026, while interest expense in the fourth quarter declined 33 percent to USD 0.6 million, the company said in its results release.

The operating picture remains divided. Revenue held broadly steady, but the margin decline and impairment charge pushed the business deep into a loss; the balance-sheet restructuring offers a separate financial counterpoint.

TULP stays below its yearly high

Bloomia Holdings stock was last at USD 2.84 on Nasdaq on October 2, 2026, with a market capitalization of USD 13.6 million. The 52-week range was USD 2.34 to USD 5.53, placing the last price USD 2.69 below the yearly high.