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Beeline Reports 37% Q3 2025 Revenue Growth, 9% Expense Reduction and Zero Debt Following Strategic Divestures
Globenewswireยท 2025-11-06 14:00
Core Insights - Beeline Holdings, Inc. reported financial results for Q3 2025, showing significant growth in originations and revenues compared to previous quarters [1][8] - The company is actively engaging in blockchain fractional equity transactions, with plans to close additional deals by year-end [3] Financial Highlights - Q3 2025 originations reached $69.8 million, a 35% increase from Q2 2025, with October 2025 being the strongest month since the mortgage industry downturn, achieving $35.3 million in originations [8] - Net revenues for Q3 2025 were $2.3 million, up 37% from Q2 2025, which itself was up 27% from Q1 2025 [8] - Operating expenses were reduced by 8% to $5.2 million in Q3 2025 compared to $5.6 million in Q2 2025 [8] - The net loss for Q3 2025 was $(4.0) million, an improvement from $(4.1) million in Q2 2025 and $(6.9) million in Q1 2025 [8] - Adjusted EBITDA for Q3 2025 was $(2.0) million, compared to $(2.8) million in Q2 2025 [8][9] Future Projections - A projected increase of approximately 65% in originations is expected for Q4 2025 compared to Q3 2025 [8] - Operating profitability for Beeline Loans is anticipated in November 2025, with Beeline Holdings expected to achieve profitability by early Q1 2026 [8] Company Overview - Beeline is positioned as a next-generation mortgage and home-equity company, utilizing blockchain technology and automation to enhance the home financing process [10]