Forensic Analysis · General / Diversified · as of Oct 25, 2026
Bloomia Holdings, Inc. (TULP)
A forensic read on Bloomia Holdings, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
-1.2
Distress distance
Clean
Earnings quality
5
Forensic signals
-87.9%
ROE
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Bloomia Holdings, Inc. earns an F (Poor — capital at risk) forensic quality grade, and its balance-sheet distress test reads -1.2, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by receivables vs revenue.
What the filings flag
44d DSO
FY2024→FY2026
Receivables vs revenue.Days sales outstanding moved from 22 to 44 days FY2024→FY2026 (receivables +158% vs revenue +27%). Receivables are outrunning sales — a flag for aggressive revenue recognition or slipping collections. Measured against the same quarter twelve months earlier — like-for-like on the calendar, so an ordinary seasonal build cannot produce it — receivables took longer to collect in 5 consecutive quarters (Jun 2025 +2, Sep 2025 +9, Dec 2025 +2, Mar 2026 +15, Jun 2026 +4 days). In the latest of them the receivable balance grew +13% against sales -6%, so more of a quarter's billings were still outstanding at the period end than a year earlier — money the company has recognized and not yet been paid. FY2024 and FY2026 aren't consecutive filed years here, so FY2026's opening balance can't be taken from FY2024 — both figures are measured on period-end balances rather than the beginning-plus-ending average, which keeps the two endpoints comparable to each other.
-17.1%
FY2026
Return on invested capital.Return on invested capital is -17.1% in the latest fiscal year. FY2026's operating profit carried a $11M goodwill write-off and a $2M asset write-down that alone took about 13.4 points off that year's return, so the latest return is depressed by that charge.
+19.3%/yr
FY2024–FY2026
Share-count dilution.Diluted share count changed +42% over the last 2 years to FY2026 (+19.3%/yr). The count is growing — 1.8M shares in FY2024, 2.5M in FY2026: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~19.3% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2024 has been diluted ~30%.
-$8.0M
FY2024 and FY2026
Cash burn vs. reported loss.Over FY2024 and FY2026, the company reported a cumulative net loss of $5.8M against operating cash flow of -$8.0M. Cash burn ran heavier than the reported loss — something outside net income (working capital, a cash item not in the P&L) is consuming cash faster than the loss alone implies.
$11M
FY2026
Goodwill impairments.Took $11M of goodwill writedowns across 1 year (FY2026 ($11M)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$48.1M
Revenue CAGR (2yr)+17.6%
Net Margin-23.2%
Free Cash Flow-$4.4M
Return on Equity-87.9%
Debt / Equity1.55x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Bloomia Holdings, Inc.'s actual 10-K/10-Q/8-K filings?