TechMediaBreaks – Beeline Holdings, Inc. (NASDAQ: BLNE) Reports Strong Q2/25 Results, Targets Profitability in Early 2026
Beeline Holdings (NASDAQ: BLNE), a U.S.-based digital mortgage lender, reported strong results for the second quarter of 2025, highlighting both financial and operational progress. The company posted US$1.7 million in revenue for the quarter ended June 30, representing a 27% increase quarter-over-quarter, while cutting operating costs by 40% to US$5.6 million. Net loss narrowed to US$4.1 million, a 68% improvement from the prior quarter, and adjusted EBITDA also improved. Beeline reduced debt by US$2.7 million during the quarter, bringing its year-to-date repayment to US$6.2 million, and ended Q2 with US$6.3 million in cash. Management reiterated its expectation to reach profitability by…