LENDWAY, INC.
For the period ended Aug 28, 2025. Filed Aug 28, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 28, 2025 · Filed Aug 28, 2025
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EX-99.1 · Adjusted EBITDA
Adjusted EBITDA
In the three months ended June 30, 2025, adjusted EBITDA was $2.6 million, compared to $2.0 million in the three months ended June 30, 2024. The increase is due to higher gross profit related to higher sales.
In the six months ended June 30, 2025, adjusted EBITDA was $5.3 million, compared to $3.6 million in the six months ended June 30, 2024. The increase is due to higher gross profit related to higher sales and the timing of the acquisition.
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