TULPBloomia Holdings, Inc.·FY2026 10-KPaidFiling score 23 · Small change

Bloomia: $11.1m of its $16.9m operating loss is goodwill written off in full

FY2026 10-K: revenue of $48.1m against a $16.9m operating loss, of which $11.1m is a goodwill impairment. The goodwill balance went from $11.1m to zero. Strip the impairment out and the operating loss is $5.7m

Bloomia: $11.1m of its $16.9m operating loss is goodwill written off in full
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Bloomia Holdings (TULP) recorded revenue of $48.1m and an operating loss of $16.9m in fiscal 2026. Inside that loss sits an $11.1m goodwill impairment. Goodwill on the balance sheet went from $11.1m at the prior year end to zero at this one.

In plain terms

Bloomia Holdings grows and sells tulips. The company posted a large loss this financial year. Two-thirds of that loss is the erasing of an amount recorded on the books when it bought a business years ago. That amount comes off the accounts but never leaves the bank. The debt it owes fell over the year.

What happened

Bloomia Holdings (TULP) grows and distributes tulips. Fiscal 2026 ended on 30 June 2026.

Line FY2026
Revenue $48.1m
Gross profit $7.9m (16.4% margin)
Operating income $(16.9)m
Pre-tax income $(14.0)m
Net income $(11.2)m

The $16.9m operating loss is 35% of the $48.1m of revenue. What that loss is made of, though, is heavily weighted to one side.

Two-thirds of the loss came from a single lineSubscribers
The pre-tax loss is smaller than the operating lossSubscribers
Debt fell and equity roseSubscribers
By quarterSubscribers
What to read nextSubscribers
Arithmetic table · quarterly metricsSubscribers
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23 Filing score · Small change

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FAQ

Does writing off goodwill cost cash?

An impairment is a book cost. Its relationship to cash is tabled in the subscriber section.

What do the results look like without the impairment?

The operating loss excluding the impairment is calculated in the subscriber section.

Did the debt fall?

Long-term debt at each year end is compared in the subscriber section.

Why did equity rise despite a large loss?

The year-on-year change in equity against the size of the net loss is in the subscriber section.

Where can I check this myself?

On SEC EDGAR, open Bloomia Holdings, Inc.'s fiscal 2026 10-K (accession 0001104659-26-109274) and read the statement of operations and goodwill note.

How aiSwingX™ wrote this

  1. We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
  2. Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
  3. An editor reviews before publication; any later change is recorded in the revision history.
Bloomia Holdings, Inc. Form 10-K (fiscal 2026, accession 0001104659-26-109274): consolidated statements of operations, balance sheet and cash flows; goodwill note; borrowings note. Annual figures cross-checked against SEC XBRL Company Facts. · SEC EDGAR · This article is not investment advice. Disclaimer

Frequently asked questions

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aiSwingX™ analyzes US filings and reports them as news investors can read.
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