Beeline CEO Publishes Letter to Shareholders

Rhea-AI Summary

Beeline Holdings (NASDAQ: BLNE) published a CEO letter (Jan 15, 2026) summarizing 2025 progress and 2026 plans. Key facts: 2025 revenue rose >100% vs 2024, ended 2025 with >$50M total equity and no debt (excluding warehouse lines), expanded warehouse capacity to $25M (~$75M monthly origination capacity), and completed a $7.4M Registered Direct offering in November. Tech highlights include an AI agent with 6x lead conversion and a workflow engine cutting closings to 14–21 days. Product innovation includes BeelineEquity, a blockchain fractional home-equity product, and a target of a $100M annual revenue run rate within 24 months.

Positive

• Revenue increased by over 100% in 2025 versus 2024
• Ended 2025 with $50M+ total equity and no debt (excluding warehouse)
• Expanded warehouse capacity to $25M, enabling ~$75M monthly origination
• AI agent produced 6x higher lead conversions and 8x more applications
• Workflow engine shortened loan closings to 14–21 days
• Completed a $7.4M Registered Direct equity offering in November 2025

Negative

• Significant non-recurring expenses tied to the reverse merger, short-term financings and new public-company costs
• Balance-sheet note: no debt excluding warehouse lines (warehouse exposure remains contingent)
• Growth target of a $100M annual run rate within 24 months is forward-looking and depends on markets and execution

News Market Reaction

+17.95% 2.6x vol

37 alerts

+17.95% News Effect

+16.6% Peak in 4 hr 56 min

+$12M Valuation Impact

$80M Market Cap

2.6x Rel. Volume

On the day this news was published, BLNE gained 17.95%, reflecting a significant positive market reaction. Argus tracked a peak move of +16.6% during that session. Our momentum scanner triggered 37 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $12M to the company's valuation, bringing the market cap to $80M at that time. Trading volume was elevated at 2.6x the daily average, suggesting notable buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

2025 revenue growth: over 100% vs 2024 Total equity: more than $50 million Warehouse capacity: $25 million +5 more

8 metrics

2025 revenue growth over 100% vs 2024 Company-wide revenue in 2025 vs 2024

Total equity more than $50 million Beeline ended 2025 balance sheet

Warehouse capacity $25 million Beeline Loans warehouse lending capacity

Origination capacity approximately $75 million per month Monthly mortgage origination capacity supported by warehouse lines

Registered Direct offering $7.4 million Equity offering completed in November 2025

Loan closing timeline 14–21 days "Hive" workflow engine loan closing duration vs industry norms

Target market home equity approximately $13 trillion Available home equity in top 20% of U.S. ZIP codes

Revenue run-rate target $100 million annually Expected revenue run rate within 24 months

Market Reality Check

Price: $2.76 Vol: Volume 832,148 is above t...

normal vol

$2.76 Last Close

Volume Volume 832,148 is above the 20-day average of 625,352 (relative volume 1.33). normal

Technical Shares at $2.34 are trading above the $1.96 200-day MA, after a 3.08% pre-news gain.

Peers on Argus

Peers show mixed moves: WVVI +1.61%, SBEV +2.61%, CASK +11.11%, YHC -5.56%, sugg...

Peers show mixed moves: WVVI +1.61%, SBEV +2.61%, CASK +11.11%, YHC -5.56%, suggesting BLNE’s +3.08% move is more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Jan 13 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 13	Macro policy support	Positive	+2.7%	Trump’s $200B agency MBS plan seen as demand tailwind for Beeline.
Nov 17	Capital raise update	Positive	-2.9%	$7.4M registered direct and path to cash-flow positive clarified.
Nov 11	Cash flow milestone	Positive	-16.1%	Lending entity hit cash-flow positive and detailed new equity raise.
Nov 06	Q3 2025 earnings	Positive	-10.4%	Reported Q3 growth, lower expenses, and progress toward profitability.
Oct 30	Rate-cut demand spike	Positive	+1.7%	Record lock day tied to Fed rate cut and BeelineEquity launch.

Pattern Detected

Recent positive operational and financing updates often saw mixed or negative next-day moves, indicating a tendency for pullbacks or profit-taking on good news.

Recent Company History

Over the last few months, Beeline highlighted becoming debt‑free, strong rate-driven demand, and the launch of its BeelineEquity fractional equity product. Q3 2025 results showed revenue growth, reduced expenses, and progress toward cash-flow positivity by Q1 2026. November updates focused on cash-flow-positive performance at the lending entity and a $7.4M registered direct offering used in part to redeem preferred stock. A January 2026 release linked macro support for mortgage rates with plans to double lending and title revenue, providing the backdrop for this shareholder letter.

Market Pulse Summary

The stock surged +17.9% in the session following this news. A strong positive reaction aligns with m...

Analysis

The stock surged +17.9% in the session following this news. A strong positive reaction aligns with management’s emphasis on >100% 2025 revenue growth, a debt-free balance sheet, and over $50 million in equity heading into 2026. Prior news often saw selling into strength, so a large upside move would have contrasted with that pattern. Investors would likely weigh scalability of the AI-driven platform, execution toward the targeted $100 million annual revenue run rate, and potential overhangs from past equity raises when assessing durability.

Key Terms

blockchain-enabled, blockchain-based products, reverse merger, warehouse lending capacity, +3 more

7 terms

blockchain-enabled technical

"home equity products leveraging blockchain-enabled technology, today announced"

A product, service, or process described as blockchain-enabled uses a tamper-resistant, shared digital record to store and verify transactions or data, so multiple parties can see the same information and changes are permanently recorded. For investors this matters because it can lower costs, reduce reliance on middlemen, and increase transparency and traceability—like replacing private ledgers with a public, auditable spreadsheet—while also bringing new operational and regulatory risks to weigh.

blockchain-based products technical

"combined with the integration of blockchain-based products and strategic"

Digital goods or services that use a shared, tamper-resistant record kept across many computers instead of a single central authority; examples include digital tokens, smart contracts, and supply-chain tracking tools. Investors care because these products can change how value is created, tracked and transferred—like replacing a single bank ledger with an open, auditable spreadsheet anyone allowed can verify—affecting revenue models, costs, regulatory risk and adoption potential.

reverse merger financial

"listed Beeline on the Nasdaq Capital Market through a reverse merger with"

A reverse merger is when a private company becomes publicly traded by combining with an already listed public shell company, allowing the private business to gain a stock market listing without going through a traditional IPO. Investors care because this shortcut can be faster and cheaper than an IPO but often comes with less regulatory vetting and market visibility, so it can mean higher uncertainty about valuation, financial transparency, and future liquidity.

warehouse lending capacity financial

"Beeline Loans expanded its warehouse lending capacity to $25 million"

Warehouse lending capacity is the amount of short-term credit a lender or loan originator can draw on to fund new loans before those loans are packaged and sold to investors. Think of it like a temporary storage room with a spending limit: bigger capacity lets a firm make and hold more loans, supporting growth and steady revenue, while tight capacity can force slower lending, higher funding costs, or reduced deal flow—factors investors watch to judge future earnings and risk.

Registered Direct equity offering financial

"Beeline completed a $7.4 million Registered Direct equity offering in November."

A registered direct equity offering is a company’s sale of new shares that are pre-filed with regulators and sold directly to selected investors rather than through a broad public offering. Investors should care because it raises cash quickly but increases the total number of shares outstanding, which can dilute existing holders’ ownership and affect the stock price, much like adding more slices to the same-size pie.

AI Chat technical

"AI Chat and Production Bot "Bob": This AI agent generated six times higher"

An AI chat is a software tool that uses artificial intelligence to understand and respond to written or spoken questions like a virtual assistant, similar to a knowledgeable customer service representative that can work 24/7. Investors care because it can lower operating costs, speed customer service and product development, and create new revenue opportunities, but it also introduces risks around accuracy, data privacy and regulatory compliance that can affect a company’s costs, reputation and legal exposure.

workflow engine technical

""Hive" Workflow Engine: This system shortened the loan closing process"

A workflow engine is software that automatically moves tasks, documents, and approvals through a defined process so work happens in the right order without manual handoffs. Think of it as a conductor or factory assembly line that ensures each step is done, records who did it, and flags delays or errors. Investors care because it lowers operating costs, reduces compliance risk, speeds delivery, and makes performance easier to measure and scale.

AI-generated analysis. Not financial advice.

PROVIDENCE, R.I., Jan. 15, 2026 (GLOBE NEWSWIRE) -- via IBN – Beeline Holdings, Inc. (NASDAQ: BLNE), a digital mortgage lender offering conventional mortgage products and alternative mortgage solutions for borrowers who do not meet traditional underwriting standards, alongside home equity products leveraging blockchain-enabled technology, today announced that the Company’s CEO has published a letter to shareholders.

The full text of the shareholder letter is below:

Dear Fellow Shareholders:

Beeline Holdings delivered on several milestones in 2025, and we enter 2026 with a strong foundation and a differentiated business model, poised for accelerated revenue growth. The Company is leveraging its proprietary AI and technology-driven, multi-product digital mortgage platform—built for scale and positioned to disrupt traditional industry KPIs.

This growth will be driven by a renewed focus on Beeline’s core mortgage lending business in an improving market, combined with the integration of blockchain-based products and strategic partnerships. Together, these capabilities power BeelineEquity, one of the industry’s first consumer-facing blockchain products introduced by a mortgage lender. This approach enables Beeline to provide home lending alternatives to the underserved, high-growth segments of the population, including millennials, and those in the gig economy.

This differentiated combination places Beeline in a unique competitive position through product offerings that traditional retail mortgage lenders, banks, brokers, and wholesale lenders cannot match while generating margins and net income that outperform the industry benchmarks.

2025 Milestones

The past year was pivotal and instrumental in establishing the foundation for our long-term success. We improved our financial profile, strengthened our balance sheet, and streamlined our operations, enabling the successful implementation of our technology-first approach. Some highlights:

• Financial Performance:
  • The company demonstrated significant growth momentum, increasing 2025 revenue by over 100% versus 2024, while controlling OPEX despite significant non-recurring expenses related to the merger with Eastside Distilling, short term financings and new public company expenses.
  • Balance Sheet Health: Beeline ended 2025 with more than $50 million in total equity and no debt, excluding Warehouse Credit Lines.
  • Beeline Loans expanded its warehouse lending capacity to $25 million to support accelerating growth. This provides approximately $75  million of monthly mortgage origination capacity.
  • Beeline completed a $7.4 million  Registered Direct equity offering in November.
• Strategic Streamlining:
  • Successfully listed Beeline on the Nasdaq Capital Market through a reverse merger with Eastside Distilling and divestiture of non-core spirits business to fully focus on digital mortgage, title operations and alternative equity product offerings.

• Tech-first approach:
  • AI and Automation: The company's core strategy relies heavily on its proprietary technology:
    • AI Chat and Production Bot "Bob": This AI agent generated six times higher lead conversions and eight times more mortgage applications compared to benchmarks, at no incremental operational cost.
    • "Hive" Workflow Engine: This system shortened the loan closing process to 14-21 days, roughly half the time compared to industry norms.
  • Product Innovation: Beeline launched BeelineEquity, a blockchain-enabled, fractional home equity product. This innovative solution gained initial traction with several transactions completed by the end of 2025 and an emerging pipeline marking a first-to-market move by Beeline. This product provides homeowners with a new interest-rate-neutral, non-debt liquidity option in the top 20% zip codes with further developments in the upcoming months

2026 Outlook

Beeline enters 2026 positioned to scale, targeting higher volumes and stronger overall margins than previous years. Our primary objective is to drive increased transaction activities across our core mortgage business, title operations and BeelineEquity platform.

Market dynamics are becoming increasingly favorable. Because a greater proportion of existing mortgages are now priced closer to 6% rather than 3%, declining rates are expected to unlock increase in home sales and cash-out refinancing activity. This dynamic is supported by anticipated bond market outlook, including the recent announcement by President Trump to instruct that Freddie Mac and Fannie Mae to purchase $200 billion in mortgage-backed securities in an effort to lower mortgage rates. This improved environment is expected to directly fuel growth in Beeline’s title business as well.

BeelineEquity is strategically focused on the top 20% of U.S. ZIP codes, representing approximately $13 trillion in available home equity and facing limited competitive penetration, creating a compelling opportunity for differentiated growth.

As a result, Beeline expects a $100 million annual revenue run rate within 24 months.

Key 2026 Enablers and Updates

• Growth and Expansion: Management expects continued robust unit growth driven by the scalability of its AI-powered platform and new product introductions. The company anticipates significant growth in loan originations and plans to increase its marketing spend to support these increases and strategically hire salespeople.
• Technology Scaling: Beeline will continue to leverage its AI and automation technologies while building new processes. Beeline’s back-office mortgage production will be augmented by AI, which will increase efficiency without proportionally increasing operational costs
• BlinkQC is being integrated with Encompass to leverage wide exposure to thousands of lenders on that platform. The marketing and delivery of the product will be handled by one of our trusted partners; Stellar Innovations.  This will allow Beeline to drive SaaS revenue without a drag on its core business.
• MagicBlocks, an AI technology company focused on providing top-of-the-funnel sales, chat and customer service functions, continues to grow, adding new clients and bringing in new capital from Private Equity. Beeline owns approximately 48% of MagicBlocks. This company operates independently of Beeline and is not a distraction to Beeline’s core business.

Beeline is transforming from a diversified holding company to a focused fintech disruptor, capitalizing on its innovative platform to gain market share in the mortgage industry. The past year was transformative, establishing a firm foundation for accelerated growth in 2026 as we continue to disrupt the industry. We thank you for your continued support.

Sincerely,
Nick Liuzza
Co-Founder and Chief Executive Officer

About Beeline Holdings Inc.

Beeline Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core.

For more, visit www.makeabeeline.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding prospective future growth and financial results and other potential future trends and developments, expectations of achieving $100 million in annual revenue run rate within 24 months, and expectations for improvements in the mortgage lending industry and the benefits thereof on our business and operating results. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, future interest rate changes, the risks arising from the impact of inflation, tariffs, deteriorations in the labor market and a recession which may result on Beeline’s business, prospective customers, and on the national and global economy, the impact of ongoing military actions by the United States as well as from the wars in Ukraine and the Middle East, our need for additional capital to meet future goals and milestone targets, our ability to attract homeowners to our products and services, the potential for regulatory changes and the ability of us and third parties on which we depend to comply with applicable regulatory requirements, the risk that software and technology infrastructure on which we depend fail to perform as designed or intended, and the Risk Factors contained in the Company’s Prospectus Supplement dated November 14, 2025 and Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contacts
Investor Relations
ir@makeabeeline.com

Media Inquiries
press@makeabeeline.com

Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

FAQ

What did Beeline (BLNE) report about 2025 revenue in the Jan 15, 2026 shareholder letter?

Beeline said 2025 revenue increased by over 100% versus 2024.

How much equity and debt did Beeline (BLNE) report at year-end 2025?

Beeline reported >$50M total equity and no debt excluding warehouse credit lines.

What is Beeline's (BLNE) near-term revenue goal announced for 2026?

The company expects to reach a $100M annual revenue run rate within 24 months.

What technology improvements did Beeline (BLNE) highlight in the Jan 15, 2026 letter?

Beeline highlighted an AI agent with 6x lead conversions, an 8x increase in applications, and a workflow engine reducing closings to 14–21 days.

What is BeelineEquity and how is Beeline (BLNE) positioning it?

BeelineEquity is a blockchain-enabled fractional home-equity product targeting the top 20% of U.S. ZIP codes; initial transactions closed in 2025 and a pipeline is emerging.

How much warehouse capacity does Beeline (BLNE) have to support originations?

Beeline expanded warehouse lending capacity to $25M, supporting approximately $75M of monthly mortgage origination capacity.