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Insignia(LDWY) - 2025 Q2 - Quarterly Results
InsigniaInsignia(US:LDWY)2025-08-29 04:20

Lendway, Inc. Biz McShane, CFO (763) 392-6200 Exhibit 99.1 Contact: FOR IMMEDIATE RELEASE LENDWAY, INC. ANNOUNCES JUNE 30, 2025 FINANCIAL RESULTS MINNEAPOLIS, MN – August 28, 2025 – Lendway, Inc. (Nasdaq: LDWY) ("Lendway" or the "Company") today announced its financial results for the three and six months ended June 30, 2025. Overview ● Net revenue was 35.6million.Grossprofitwas35.6 million. ● Gross profit was 9.3 million, or 26.1% of sales. ● Operating income of 3.9millioncomparedtoanoperatinglossof3.9 million compared to an operating loss of 1.5 million in the si ...