Leafly Holdings WTS (LFLYW) Financials
Newest figures come from the filing 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 LFLYW SEC filings page.
Leafly Holdings Inc WTS (LFLYW) 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.
The business is shrinking while cutting costs, yet reinvestment and liabilities leave little financial flexibility.
In FY2024, positive operating cash flow of$1.3M arrived alongside a net loss of$5.7M , while receivables fell40.3% ; that combination suggests cash conversion was helped by working-capital release rather than profitability. The cash generated was almost fully absorbed by$1.5M of capital spending, leaving free cash flow at-$140K and showing little internally generated cash after reinvestment.
Revenue fell
Liabilities of
Financial Health Signals
We do not publish a peer-relative financial health score for Leafly Holdings Inc WTS, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Leafly Holdings Inc WTS passes 4 of 9 financial strength tests. 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 WTS 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.
Key Financial Metrics
Earnings & Revenue
Leafly Holdings Inc WTS 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 WTS'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 WTS 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 WTS 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 WTS 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 WTS 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 WTS'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 WTS'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 WTS'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 WTS 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 WTS 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.
LFLYW 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 | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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 | $6.2M-16.5% | $5.7M-17.2% | $5.8M-30.7% | $6.0M-23.3% | $7.4M-36.0% | $6.9M-44.1% | $8.4M-35.1% | $7.9M-49.0% |
| 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 |
| 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: Interest Expense, Income Tax.
LFLYW 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 | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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+1.0% | $0-100.0% | $0-100.0% | $0-100.0% | $29.1M+0.8% | $29.3M+1.9% | $29.1M+1.9% |
| 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.
LFLYW 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 | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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.
LFLYW 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 | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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.
Where Leafly Holdings Inc WTS Ranks
Frequently Asked Questions
Leafly Holdings Inc WTS (LFLYW) 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.
Leafly Holdings Inc WTS (LFLYW) revenue declined by 18.0% year-over-year, from $42.3M to $34.6M in fiscal year 2024.
No, Leafly Holdings Inc WTS (LFLYW) 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%.
Leafly Holdings Inc WTS (LFLYW) had EBITDA of -$1.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2024, Leafly Holdings Inc WTS (LFLYW) had $14.5M in cash and equivalents against $29.4M in long-term debt.
Leafly Holdings Inc WTS (LFLYW) had a gross margin of 89.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
Leafly Holdings Inc WTS (LFLYW) had an operating margin of -9.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
Leafly Holdings Inc WTS (LFLYW) had a net profit margin of -16.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Leafly Holdings Inc WTS (LFLYW) 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.
Leafly Holdings Inc WTS (LFLYW) generated $1.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
Leafly Holdings Inc WTS (LFLYW) had $19.6M in total assets as of fiscal year 2024, including both current and long-term assets.
Leafly Holdings Inc WTS (LFLYW) invested $1.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Leafly Holdings Inc WTS (LFLYW) invested $9.2M in research and development during fiscal year 2024.
Leafly Holdings Inc WTS (LFLYW) had a current ratio of 0.48 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
Leafly Holdings Inc WTS (LFLYW) had a return on assets of -29.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Leafly Holdings Inc WTS (LFLYW) 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.
Leafly Holdings Inc WTS (LFLYW) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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.
Leafly Holdings Inc WTS (LFLYW) 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.