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BALCAO · RETAIL-MISCELLANEOUS RETAIL · SMALL CAP

Blum Holdings, Inc. BLMH

3 fiscal years on record · USD · FY2024 reported · SEC filings only
$13.0M
▲ 67.5% YoY
$33.1M
$-1.6M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Either independently or in conjunction with third parties, we operate medical marijuana retail and adult use dispensaries and distribution facilities in California. As of December 31, 2024, the Company employed 76 individuals, with 38 full-time employees and 38 part-time employees. The Company was originally incorporated as “Private Secretary, Inc.” on July 22, 2008 in the State of Nevada.

Written from the business description in Blum Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 March 2025. Every sentence was checked against that document before publication.

Growth

USD 13.0M
Revenue, FY2024 · full 3-year series below
Revenue $M Net income $M
FY2024 · Revenue 13.0 · Net income 33.1
20M40M-100M-200M
202220232024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

255 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 41.4% · Net 254.8%
100%200%-100%-200%-300%
202220232024
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -1.6
-4M-8M
202220232024

Total assetsUSD 24.8M
EquityUSD -6.7M
CashUSD 1.0M
Gross debtUSD 3.0M
Net debtUSD 1.9M
Current ratio0.30×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 3-year record

3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
BLMH, 3-year financial record
Metric 202420232022
Revenue $B0.00.00.1
Operating income $B0.0−0.0−0.2
EBITDA $B0.0−0.0−0.2
Income tax $B0.00.0−0.0
Net income $B0.0−0.0−0.2
Free cash flow $B−0.0−0.0−0.0
EPS, diluted $◌−1.72−32.04
Dividend / sh $◌◌◌
Payout % — not applicable: no dividend———
ROE % — not applicable: negative equity———
Shares out B0.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 14 reconciliationsAUDITED

Reconciled in 3 of the 3 fiscal years we could check. 30 checks were skipped: the balance sheet is not tagged before 2022. 15 checks were skipped: EPS is not tagged before 2022. 15 checks were skipped: revenue is not tagged before 2022.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRetail-Miscellaneous Retail
Listed onOTC market
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2022

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