LEAFLY HOLDINGS INC (LFLY) Financials
Newest figures come from the 10-Q for Q1 FY2025, filed May 15, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LFLY SEC filings page.
LEAFLY HOLDINGS INC (LFLY) reported $33.5M in revenue over the twelve months to Mar 31, 2025, down 16.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Shrinking revenue still carries high gross margins, but thin cash generation and worsening liquidity constrain the business.
FY2024 showed margin stability despite revenue falling18.0% , with gross margin holding at89.4% ; the improvement therefore came more from cost reduction than stronger volume. At the same time, the operating loss narrowed55.5% while operating cash flow turned positive, indicating a meaningful earnings-quality improvement even though profitability remained negative.
Liquidity is the sharper constraint: the current ratio fell from 3.7x in FY2023 to 0.5x in FY2024, while liabilities exceeded assets and left negative book equity. That combination makes near-term obligations large relative to the current-asset base, regardless of the attractive gross margin.
FY2024 operating cash flow was positive at
Financial Health Signals
LEAFLY HOLDINGS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
LEAFLY HOLDINGS INC scores -5.54, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $79.9M against total assets of $19.6M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
LEAFLY HOLDINGS INC passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.
LEAFLY HOLDINGS INC reported a net loss of $5.7M while generating $1.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
LEAFLY HOLDINGS INC reported an operating loss of $3.1M against $2.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
LEAFLY HOLDINGS INC generated $7.9M in revenue in Q1 2025. This represents a decrease of 12.9% from the same quarter a year earlier. Against the prior quarter it is down 7.5%.
LEAFLY HOLDINGS INC's EBITDA was -$820K in Q1 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 508.0%.
LEAFLY HOLDINGS INC reported a net loss of $1.8M in Q1 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
LEAFLY HOLDINGS INC earned -$0.59 per diluted share (EPS) in Q1 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
LEAFLY HOLDINGS INC recorded an outflow of $2.2M in free cash flow in Q1 2025, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 276.0%.
LEAFLY HOLDINGS INC held $8.6M in cash as of Q1 2025; no long-term debt figure is on record for that period.
Not reported for Q1 2025.
Margins & Returns
LEAFLY HOLDINGS INC's gross margin was 89.8% in Q1 2025, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.
LEAFLY HOLDINGS INC's operating margin was -15.7% in Q1 2025, reflecting core business profitability. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 13.5 percentage points.
LEAFLY HOLDINGS INC's net profit margin was -22.6% in Q1 2025, showing the share of revenue converted to profit. This is up 3.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.5 percentage points.
Not reported for Q1 2025.
Capital Allocation
LEAFLY HOLDINGS INC invested $2.1M in research and development in Q1 2025. This represents a decrease of 11.5% from the same quarter a year earlier. Against the prior quarter it is down 2.9%.
LEAFLY HOLDINGS INC invested $349K in capex in Q1 2025, funding long-term assets and infrastructure. This represents an increase of 65.4% from the same quarter a year earlier. Against the prior quarter it is down 9.4%.
Not reported for Q1 2025.
LFLY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q2'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.9M-12.9% | $8.5M-12.6% | $8.4M-21.1% | $8.7M-18.3% | $9.0M-19.6% | $9.7M-19.5% | $10.6M-10.2% | $10.7M-11.4% |
| Cost of Revenue | $802K-17.8% | $838K-20.5% | $904K-22.3% | $959K-22.5% | $976K-27.5% | $1.1M-27.3% | $1.2M-23.2% | $1.2M-14.1% |
| Gross Profit | $7.1M-12.3% | $7.7M-11.6% | $7.4M-20.9% | $7.8M-17.7% | $8.1M-18.5% | $8.7M-18.5% | $9.4M-8.2% | $9.4M-11.0% |
| R&D Expenses | $2.1M-11.5% | $2.2M+28.2% | $2.2M-12.9% | $2.4M+2.5% | $2.4M-26.4% | $1.7M-57.8% | $2.5M-25.6% | $2.3M-42.8% |
| SG&A Expenses | $4.0M-15.8% | $3.5M-25.9% | $3.6M-37.2% | $3.7M-27.1% | $4.8M-28.1% | $4.7M-30.3% | $5.8M-10.6% | $5.0M-31.4% |
| Operating Income | -$1.2Mn/m | -$195K-258.5% | -$547Kn/m | -$646Kn/m | -$1.7Mn/m | $123Kn/m | -$1.5Mn/m | -$751Kn/m |
| EBITDA | -$820Kn/m | $201K-51.2% | -$169Kn/m | -$323Kn/m | -$1.4Mn/m | $412Kn/m | -$1.2Mn/m | -$525Kn/m |
| Interest Expense | -$547Kn/m | -$641Kn/m | -$629Kn/m | -$638Kn/m | -$607Kn/m | -$621Kn/m | -$720Kn/m | -$724Kn/m |
| Net Income | -$1.8Mn/m | -$946Kn/m | -$1.1Mn/m | -$1.3Mn/m | -$2.4Mn/m | -$455Kn/m | -$2.2M-114.3% | -$1.4M-109.7% |
| EPS (Basic) | -$0.59n/m | -$0.25n/m | -$0.46n/m | -$0.55 | -$1.09 | -$0.16 | -$1.10 | -$0.73 |
| EPS (Diluted) | -$0.59n/m | -$0.25n/m | -$0.46n/m | -$0.55 | -$1.09 | -$0.16 | -$1.10 | -$0.73 |
| Diluted Shares (Avg) | 3M+38.0% | N/A | 3M+24.4% | 2M | 2M | N/A | 2M | 2M |
Not reported in any period shown, so not listed: Income Tax.
LFLY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q2'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.0M-33.8% | $19.6M-10.1% | $19.7M-14.7% | $20.5M-15.2% | $21.2M-19.2% | $21.8M-33.3% | $23.1M-37.4% | $24.2M-68.6% |
| Current Assets | $11.2M-39.1% | $16.8M-11.6% | $16.8M-16.8% | $17.8M-16.3% | $18.5M-20.5% | $19.0M-36.8% | $20.2M-41.6% | $21.3M-71.9% |
| Cash & Equivalents | $8.6M-38.7% | $14.5M-5.0% | $13.6M-6.2% | $13.6M-3.9% | $14.1M-5.7% | $15.3M-37.8% | $14.5M-48.0% | $14.1M-60.1% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $1.5M-31.3% | $1.6M-40.3% | $1.9M-43.6% | $2.2M-38.6% | $2.2M-40.8% | $2.6M-20.1% | $3.4M+30.6% | $3.6M+19.4% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $30.7M-13.4% | $34.7M+1.3% | $34.2M-5.4% | $35.2M-2.5% | $35.4M-4.8% | $34.3M-12.3% | $36.1M-5.5% | $36.1M-53.1% |
| Current Liabilities | $30.6M-13.3% | $34.7M+582.6% | $34.1M+409.0% | $35.1M+415.1% | $35.3M+338.2% | $5.1M-48.3% | $6.7M-21.3% | $6.8M-76.5% |
| Non-Current Liabilities | $62K-35.4% | $71K-99.8% | $79K-99.7% | $88K-99.7% | $96K-99.7% | $29.2M-0.3% | $29.4M-1.0% | $29.3M-38.9% |
| Long-Term Debt | N/A | $29.4M | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$16.7Mn/m | -$15.1Mn/m | -$14.5Mn/m | -$14.7Mn/m | -$14.3Mn/m | -$12.5Mn/m | -$13.0Mn/m | -$11.9M-5575.6% |
| Retained Earnings | -$81.7Mn/m | -$79.9Mn/m | -$79.0Mn/m | -$77.9Mn/m | -$76.6Mn/m | -$74.2Mn/m | -$73.7Mn/m | -$71.5Mn/m |
Not reported in any period shown, so not listed: Inventory, Goodwill.
LFLY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q2'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.9Mn/m | $1.6M+58.7% | $138K-23.3% | $419Kn/m | -$873Kn/m | $1.0Mn/m | $180Kn/m | -$592Kn/m |
| Depreciation & Amortization | $421K+28.0% | $396K+37.0% | $378K+37.0% | $323K+42.9% | $329K+68.7% | $289K+67.1% | $276K+117.3% | $226K+133.0% |
| Stock-Based Compensation | $209K-65.1% | N/A | $424K-57.5% | $607K+4.7% | $598K-9.1% | N/A | $997K+29.3% | $580K+25.0% |
| Capital Expenditures | $349K+65.4% | $385K+27.1% | $483K+90.2% | $386K+52.6% | $211K-60.6% | $303K+9.8% | $254K-67.4% | $253K-59.6% |
| Free Cash Flow | -$2.2Mn/m | $1.3M+71.8% | -$345Kn/m | $33Kn/m | -$1.1Mn/m | $731Kn/m | -$74Kn/m | -$845Kn/m |
| Investing Cash Flow | -$349Kn/m | -$385Kn/m | -$483Kn/m | -$386Kn/m | -$209Kn/m | -$301Kn/m | -$238Kn/m | -$252Kn/m |
| Financing Cash Flow | -$3.7Mn/m | -$299K-421.5% | $340K+623.4% | -$561K-5710.0% | -$114K-201.8% | $93Kn/m | $47Kn/m | $10Kn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LFLY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q2'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 89.8%+0.6pp | 90.2%+1.0pp | 89.2%+0.2pp | 89.0%+0.6pp | 89.2%+1.2pp | 89.2%+1.1pp | 89.0%+1.9pp | 88.4%+0.4pp |
| Operating Margin | -15.7%+3.6pp | -2.3%-3.6pp | -6.6%+7.4pp | -7.4%-0.4pp | -19.3%+24.7pp | 1.3%+48.0pp | -13.9%+37.3pp | -7.0%+66.6pp |
| Net Margin | -22.6%+3.8pp | -11.1%-6.4pp | -13.6%+7.2pp | -14.6%-1.2pp | -26.4%+21.6pp | -4.7%+42.9pp | -20.9% | -13.5% |
| Return on Assets | -12.7%-1.5pp | -4.8%-2.7pp | -5.8%+3.8pp | -6.2%-0.3pp | -11.3%+9.3pp | -2.1%+15.6pp | -9.6%-51.5pp | -5.9%-25.1pp |
| Current Ratio | 0.37-0.2x | 0.48-3.3x | 0.49-2.5x | 0.51-2.6x | 0.52-2.4x | 3.74+0.7x | 3.02-1.1x | 3.12+0.5x |
| Asset Turnover | 0.56+0.1x | 0.430.0x | 0.420.0x | 0.420.0x | 0.430.0x | 0.45+0.1x | 0.46+0.1x | 0.44+0.3x |
| FCF Margin | -28.1%-16.1pp | 14.7%+7.2pp | -4.1%-3.4pp | 0.4%+8.3pp | -12.0%+74.8pp | 7.5%+34.2pp | -0.7%+63.2pp | -7.9%+33.6pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, Liabilities-to-Equity.
Note: Shareholder equity is negative (-$15.1M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.48), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| LEAFLY HOLDINGS INC LFLY | FY2024 | $34.6M | -$5.7M | -16.6% | $850K | — |
| FARMHOUSE INC FMHS | FY2025 | $623 | N/A | N/A | $2.8M | — |
Where LEAFLY HOLDINGS INC Ranks
Frequently Asked Questions
What is LEAFLY HOLDINGS INC's annual revenue?
LEAFLY HOLDINGS INC (LFLY) reported $34.6M in total revenue for fiscal year 2024. This represents a -18.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is LEAFLY HOLDINGS INC's revenue growing?
LEAFLY HOLDINGS INC (LFLY) revenue declined by 18.0% year-over-year, from $42.3M to $34.6M in fiscal year 2024.
Is LEAFLY HOLDINGS INC profitable?
No, LEAFLY HOLDINGS INC (LFLY) reported a net loss of $5.1M over the trailing 12 months to March 31, 2025. In fiscal year 2024 it reported a net loss of $5.7M, with a net profit margin of -16.6%.
What is LEAFLY HOLDINGS INC's EBITDA?
LEAFLY HOLDINGS INC (LFLY) had EBITDA of -$1.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does LEAFLY HOLDINGS INC have?
As of fiscal year 2024, LEAFLY HOLDINGS INC (LFLY) had $14.5M in cash and equivalents against $29.4M in long-term debt.
What is LEAFLY HOLDINGS INC's gross margin?
LEAFLY HOLDINGS INC (LFLY) had a gross margin of 89.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is LEAFLY HOLDINGS INC's operating margin?
LEAFLY HOLDINGS INC (LFLY) had an operating margin of -9.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is LEAFLY HOLDINGS INC's net profit margin?
LEAFLY HOLDINGS INC (LFLY) had a net profit margin of -16.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is LEAFLY HOLDINGS INC's free cash flow?
LEAFLY HOLDINGS INC (LFLY) recorded an outflow of $140K in free cash flow during fiscal year 2024. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is LEAFLY HOLDINGS INC's operating cash flow?
LEAFLY HOLDINGS INC (LFLY) generated $1.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are LEAFLY HOLDINGS INC's total assets?
LEAFLY HOLDINGS INC (LFLY) had $19.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What are LEAFLY HOLDINGS INC's capital expenditures?
LEAFLY HOLDINGS INC (LFLY) invested $1.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does LEAFLY HOLDINGS INC spend on research and development?
LEAFLY HOLDINGS INC (LFLY) invested $9.2M in research and development during fiscal year 2024.
What is LEAFLY HOLDINGS INC's current ratio?
LEAFLY HOLDINGS INC (LFLY) had a current ratio of 0.48 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is LEAFLY HOLDINGS INC's return on assets (ROA)?
LEAFLY HOLDINGS INC (LFLY) had a return on assets of -29.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is LEAFLY HOLDINGS INC's debt-to-equity ratio negative or not reported?
LEAFLY HOLDINGS INC (LFLY) has negative shareholder equity of -$15.1M as of fiscal year 2024, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is LEAFLY HOLDINGS INC's Altman Z-Score?
LEAFLY HOLDINGS INC (LFLY) has an Altman Z-Score of -5.54, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is LEAFLY HOLDINGS INC's Piotroski F-Score?
LEAFLY HOLDINGS INC (LFLY) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are LEAFLY HOLDINGS INC's earnings high quality?
LEAFLY HOLDINGS INC (LFLY) reported a net loss of $5.7M while generating $1.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can LEAFLY HOLDINGS INC cover its interest payments?
LEAFLY HOLDINGS INC (LFLY) reported an operating loss of $3.1M against $2.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.