Lendway, Inc.

Lendway, Inc.

LDWY
Lendway, Inc.US flagNASDAQ Capital Market
3.96
USD
+0.05
- -
7.03MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
9.76
13.71
16.41
15.41
14.1
14.84
18.57
11.86
9.48
10.42
- -
- -
20.06
25.23
Basic EPS, GAAP
-0.79
0.68
0.13
0.84
-0.73
-0.36
0.78
-3.07
-2.5
-1.89
5.27
1.27
-3.05
-1.93
Free Cash Flow per Basic Share
-1.38
1.83
-1.63
1.52
-3.09
0.35
3.23
-1.49
-0.89
-1.66
5.6
0.25
-2.77
-2.04
Dividend per Share
- -
- -
- -
- -
- -
4.59
0.01
0.01
0.01
0.01
- -
- -
- -
- -
Book Value per Share
1.85
2.56
3.36
3.78
0.07
-0.29
0.49
-2.67
-5.19
-7
-1.6
-0.34
-3.39
-5.32
Tangible Book Value per Share
12.81
12.92
15.32
13.5
8.55
8.33
9.12
6.11
3.61
1.71
7.03
8.2
-12.95
-13.95
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
20
28
26
28
25
26
33
22
17
20
- -
- -
38
48
Operating Margin (%)
-11.32
8.64
1.78
8.73
-8.33
-3.44
5.51
-19.01
-28.8
-24.57
- -
- -
-17.78
-2.98
Depreciation Expense
1
1
1
1
1
1
1
2
- -
- -
- -
- -
3
3
Net Income, GAAP
-2
1
- -
2
-1
-1
1
-6
-5
-4
10
2
-6
-4
Effective Tax Rate (%)
- -
43.13
58.55
39.61
- -
- -
25.7
- -
- -
- -
- -
- -
- -
20.18
Profit Margin (%)
-8.05
4.97
0.8
5.44
-5.16
-2.42
4.21
-25.91
-26.4
-18.12
- -
- -
-15.2
-7.65
Working Capital
22
22
21
21
12
12
13
11
8
4
13
16
11
10
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
73
77
Total Equity
26
26
25
25
15
15
16
11
7
3
13
16
12
9
Return on Invested Capital (%)
- -
5.17
0.76
6
- -
- -
8.74
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
30.63
3.99
24.91
- -
- -
781.56
- -
- -
- -
- -
- -
- -
-0.66
Return on Common Equity (%)
-35.08
30.63
3.99
24.91
-36.54
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
7
6
6
LT Borrowings
28
41
42
LT Finance Leases
32
32
35
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
9
10
6

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
15
25
24
Cash, Cash Equivalents & STI
1
2
1
Accounts Receivable, Net
5
2
3
Inventories
7
19
17
Total Current Liabilities
14
14
14
Payables & Accruals
7
8
8
ST Debt
7
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.81%
44.05%
-23.42%
Free Cash Flow
-161.03%
-335.83%
-1,190.19%
Net Income, GAAP
-126.35%
-167.76%
-337.9%
Sales/Revenue/Turnover
- -
- -
93.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
8
17
7
6
38
2025
12
23
5
7
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.86
-0.02
0.59
- -
1.27
2024
-0.63
-0.4
-0.6
- -
-3.05
2025
0.24
0.56
-1.52
-1.21
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Mark R. Jundt
Full Time Employees
103
Sector
Communication Services
Industry
Advertising Agencies
Address
Colonial Warehouse Minneapolis MN United States of America 55401
IPO Date
Jun 25, 1991
Business
Lendway, Inc. (Nasdaq: LDWY) operates as a specialty agriculture and finance holding company focused on acquiring, managing, and investing in high-quality agricultural assets and businesses in the United States and internationally; it fully owns and operates FarmlandCredit.com, a non-bank lending platform that purchases existing loans or originates and funds new loans secured primarily by real estate for agricultural purposes, and holds an 81.4% majority interest in Tulp 24.1, LLC, the parent of Bloomia B.V., one of the largest producers of fresh-cut tulips in the United States, which hydroponically grows and sells over 75 million tulip stems annually to major U.S. retailers from facilities in the United States, Netherlands, South Africa, and through a partnership in Chile. The company targets agricultural borrowers, floral retailers, and investors seeking opportunistic ag investments; it conducts operations globally with a primary emphasis on North America and selective international opportunities. Founded in 1990 and headquartered in Minneapolis, Minnesota, Lendway, Inc. formerly operated as Insignia Systems, Inc., which provided in-store marketing services until selling those assets in August 2023 to an affiliate of Park Printing and rebranding to its current name to pivot toward non-bank lending and specialty agriculture. In February 2024, the company completed its transformative acquisition of Bloomia through Tulp 24.1, LLC for approximately $47.5 million in cash, financed via a $22.8 million credit facility from Associated Bank, N.A., $15.5 million in seller bridge loans, and cash on hand, broadening its mandate as a specialty ag and finance entity; it continues to pursue additional growth and acquisition strategies in adjacent industries while reporting recent financial results, including net revenue of $5.2 million for the three months ended September 30, 2025, and planning a six-month transition period financial report ending June 30, 2025.

Company News

APIChat
  • Lendway, Inc. Announces Rights Offering and Plan to Adopt New Corporate Name

  • Analyzing QMMM (NASDAQ:QMMM) & Lendway (NASDAQ:LDWY)

  • Lendway, Inc. Announces September 30, 2025 Financial Results

  • Lendway, Inc. Announces Annual Meeting and Stockholder Proposal Submission Dates

  • Lendway, Inc. Announces Quarter Ended March 31, 2025 Financial Results

  • Lendway, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

  • Lendway, Inc. Announces Third Quarter 2024 Financial Results

  • Lendway, Inc. Announces Second Quarter 2024 Financial Results

  • Mark Jundt, Dan Philp to serve as Co-Chief Executive Officers of Lendway, Inc.

  • Lendway Announces Hiring of William Prescott as Head of Sales for the Western United States for Bloomia

  • Lendway, Inc. Announces First Quarter 2024 Financial Results

  • Lendway, Inc. Names Elizabeth McShane as Chief Financial Officer

  • Lendway, Inc. Announces Fourth Quarter And Full Year 2023 Financial Results

  • Lendway Announces Acquisition of Bloomia

  • Lendway, Inc. Announces Third Quarter 2023 Financial Results

  • Lendway, Inc. Announces New Authorization to Repurchase up to 400,000 Shares

  • Lendway, Inc. Announces Second Quarter 2023 Financial Results

  • Insignia Systems, Inc. Closes Asset Sale of In-Store Marketing Business To Park Printing Affiliate