Beeline (BLNE) investor relations material

Executive summary

• Digital-first fintech mortgage lender and title provider focused on streamlining homeownership through technology and partnerships, including a new integration with Structured Real Estate Group's AI-driven platform.

• Business model leverages proprietary technology for mortgage origination, fractional equity, and title services, with a focus on non-qualified mortgage (Non-QM) loans and digital solutions.

• Strategic partnership with TYTL Holdings enables fractional equity transactions funded by cryptocurrency, with Beeline providing platform and title services.

Financial highlights

• Net revenues rose to $2.7 million for Q1 2026, up from $1.2 million in Q1 2025, driven by higher loan originations and pricing.

• Net loss from continuing operations was $5.3 million in Q1 2026, compared to $6.7 million in Q1 2025.

• Adjusted EBITDA improved to a loss of $3.0 million in Q1 2026 from a loss of $3.8 million in Q1 2025.

• Loan originations increased 125% year-over-year to 288, with title closings up 22% to 262.

• Operating expenses increased 31% year-over-year to $7.9 million, mainly due to higher compensation, marketing, and investor fees.

Outlook and guidance

• Management expects continued sensitivity to interest rate fluctuations and macroeconomic uncertainty, with a focus on scaling operations and expanding digital offerings.

• The company needs to raise approximately $6 million to meet internal cash requirements for the next 12 months and is reliant on equity offerings and improved operating performance.