BWH Hotels GB Reports 7% Revenue Growth in 2025 Half-Year Results, Driven by Leisure Groups and MICE Bookings

Beeline Holdings reported Q2 2025 results with a GAAP net loss of $4.1 million, a 40% improvement from Q1 2025. Adjusted EBITDA was a $2.8 million loss, a 20% improvement from Q1 2025. Revenue was $1.7 million, missing estimates by $0.6 million but up 27% from Q1 2025. Funded loan volume increased 31% to $52 million, and cash on hand at the end of Q2 2025 was $6.3 million with equity at $55 million.

Beeline Holdings, Inc. (NASDAQ: BLNE) announced its financial results for the second quarter ended June 30, 2025. The company reported a GAAP net loss of $4.1 million, a 40% improvement from the $6.9 million loss reported in Q1 2025. Adjusted EBITDA, a non-GAAP financial measure, showed a loss of $2.8 million, a 20% improvement from the $3.5 million loss in Q1 2025 [1].

Revenue for the quarter was $1.7 million, up 27% from the $1.3 million reported in Q1 2025. However, this figure fell short of analyst estimates by $0.6 million. Funded loan volume increased by 31% to $52 million, indicating strong growth in the company's core business. The company also reported a significant reduction in debt, with $2.7 million of debt paid down in Q2 2025, leaving $0.8 million in total outstanding debt (excluding warehouse facility to fund loans). The company expects to be debt-free by November 1, 2025 [1].

Cash on hand at the end of Q2 2025 was $6.3 million, with equity standing at $55 million. The company also reported a reduction in recurring expenses by $0.3 million per month, which will be fully realized in September. Beeline Holdings is well-positioned to benefit from a potential downturn in interest rates and the early October launch of its high-demand equity product, which is backed by a crypto-issuing partner [1].

Nick Liuzza, Co-Founder and CEO of Beeline Holdings, stated, "Much of the groundwork was laid in Q2, and early results are promising—July revenue was up 15% from our highest month in the past three years, while marketing expenses dropped by 20%." The company continues to focus on building long-term shareholder value through sustained growth and product innovation [1].

References:
[1] https://www.newsfilecorp.com/release/262533/Beeline-Holdings-Reports-Q2-2025-Results-Highlights-Include-Improved-Revenue-Reduced-Debt-and-Significant-Cash-on-Hand