Lendway Inc. reported net revenue of $5.2 million for the three months ended September 30, 2025, compared to $6.6 million for the same period in 2024. The decrease in revenue was attributed to the strategic timing of tulip growth to meet higher demand near Mother's Day and a reduction in Dutch bulb purchases in 2024. The company reported a net loss attributable to Lendway Inc. of $2.9 million for the quarter, up from a net loss of $1.1 million in the prior year period. Management expects revenue to increase in the remaining quarters of fiscal year 2026 due to higher inventory of bulbs available for growth and sale, subject to normal growing risks.
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