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BLNE — Beeline Holdings News Story

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Beeline Holdings Q1 net revenue more than doubles as fee-based platform expands

Overview

US digital mortgage lender's Q1 net revenue more than doubled yr/yr

Q1 loan originations rose to $85.6 mln from $39.8 mln a year earlier

Net loss and adjusted EBITDA loss narrowed from prior year

Outlook

Beeline targets a $100 mln revenue run rate as it exits 2027

Company expects BeelineEquity platform to drive long-term margin expansion

Result Drivers

FEE-BASED PLATFORM - Expansion of the BeelineEquity fee-based platform contributed to revenue growth and is expected to support margin expansion, per CEO Nick Liuzza

Company press release: ID:nGNEvSzYS

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Net Income-$5.28 mln
Q1 Operating Expenses$7.86 mln
Analyst Coverage The one available analyst rating on the shares is "strong buy" The average consensus recommendation for the consumer lending peer group is "buy." Wall Street's median 12-month price target for Beeline Holdings Inc is $4.50, about 157.1% above its May 13 closing price of $1.75 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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