Eastside Distilling ( (BLNE) ) has released its Q3 earnings. Here is a breakdown of the information Eastside Distilling presented to its investors.
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Beeline Holdings, Inc. is an innovative digital mortgage lender and SaaS platform that leverages blockchain technology to streamline the home financing process.
In its latest earnings report, Beeline announced a robust 37% increase in net revenues for the third quarter of 2025, alongside a notable reduction in operating expenses by 9%. The company also highlighted its achievement of zero debt following strategic divestitures.
Key financial metrics revealed a significant 35% rise in mortgage originations compared to the previous quarter, with October marking the strongest month since the downturn in the mortgage industry. Despite a net loss of $4.0 million, Beeline showed improvement from previous quarters, with an adjusted EBITDA of $(2.0) million, indicating a positive trend towards profitability. Additionally, BeelineEquity’s success in closing blockchain fractional equity transactions underscores the company’s strategic advancements.
Looking ahead, Beeline management anticipates achieving operating profitability for Beeline Loans by November 2025 and for Beeline Holdings by early 2026, reflecting a cautiously optimistic outlook for the company’s financial trajectory.