Latest news with #ChrisMoe
Yahoo
21-05-2025
- Business
- Yahoo
Beeline to Announce Q1 2025 Financial Results and Host Stakeholder Update Call
Providence, Rhode Island--(Newsfile Corp. - May 16, 2025) - Beeline (NASDAQ: BLNE), a digital-first innovator in the mortgage industry, today announced it will release its financial results for the first quarter of 2025 after market close on Tuesday, May 20, 2025, followed by a stakeholder update call at 5:00 PM ET. The call will be hosted by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer, who will review the company's performance and provide updates on ongoing initiatives. Call Details: Listen-only webcast: Toll-Free Dial-In (U.S.): 1-833-752-5070 International Dial-In: 1-647-849-3415 About Beeline Financial Holdings, Inc. Beeline Financial 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. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Contact: ir@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Beeline to Announce Q1 2025 Financial Results and Host Stakeholder Update Call
Providence, Rhode Island--(Newsfile Corp. - May 16, 2025) - Beeline (NASDAQ: BLNE), a digital-first innovator in the mortgage industry, today announced it will release its financial results for the first quarter of 2025 after market close on Tuesday, May 20, 2025, followed by a stakeholder update call at 5:00 PM ET. The call will be hosted by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer, who will review the company's performance and provide updates on ongoing initiatives. Call Details: Listen-only webcast: Toll-Free Dial-In (U.S.): 1-833-752-5070 International Dial-In: 1-647-849-3415 About Beeline Financial Holdings, Inc. Beeline Financial 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. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Contact: ir@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
15-04-2025
- Business
- Associated Press
Beeline Holdings Reports Full Year 2024 Results and Provides Business Update
Providence, Rhode Island--(Newsfile Corp. - April 15, 2025) - Beeline Holdings, Inc. (NASDAQ: BLNE), a technology-driven mortgage originator and title provider, today announced its financial results for the fiscal year ended December 31, 2024, and shared a strategic update on its transformation following the merger with Eastside Distilling. CEO Nick Liuzza and the executive team, including CFO Chris Moe and COO Jess Kennedy, will present the company's year-end earnings, highlighting the successful integration of Beeline Financial Holdings, Inc. ('Beeline Financial') into the company and the company's pivot to a digital-first mortgage platform supported by proprietary AI technologies. 2024 Highlights 'Our 2024 performance is a testament to the strength of our model and the speed of our transformation,' said Nick Liuzza, Co-Founder and CEO of Beeline. 'We've successfully shifted from a legacy spirits business to a digital mortgage and SaaS platform, and we're already scaling through targeted innovation and execution. With just a fraction of market share in a $1.8 trillion origination market, we see a clear path to dramatic growth. We're just getting started.' Market Conditions and Competitive Advantage Despite a high-rate environment and a multi-year contraction in mortgage volumes across the industry, Beeline continued to gain share due to its efficient operating model. The company's proprietary workflow engine, Hive, enables it to close loans in 14-21 days—less than half the industry standard-while doubling loan volume per employee. 'Our lean, task-based automation model gives us a structural cost advantage, especially in tighter markets,' said Liuzza. 'It's a critical differentiator in a world where cost control is paramount.' AI as a Growth Engine The company spotlighted 'Bob 2.0,' its 24/7 AI-powered sales chatbot, which has quickly become a key engine of top-funnel demand generation. Bob handles customer interactions in real time, enabling rapid engagement, qualification, and pre-approvals. 'AI isn't a buzzword for us—it's a business driver,' Liuzza added. 'From Bob to BlinkQC to our upcoming AI-based underwriting automation, we're building a tech stack that delivers both efficiency and customer satisfaction at scale.' Consolidated Financial Results for Fiscal Year 2024 Because of forward merger accounting, the audited financial statements only reflect Beeline Holdings beginning with the October 7 th merger: 2025 Outlook Beeline plans to continue expanding its market share through its digital lending platform, partnerships, and SaaS offerings. The company anticipates further revenue growth in 2025, with continued investment in AI automation, customer acquisition, and channel diversification. 2024 Conference Call Details Date and Time: Tuesday, April 15, 2025 at 5:00 pm ET The call will be led by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer. Participants may join the call by dialing in using the information provided below or by accessing the live webcast via the following link: Participant Dial In (toll free): 1-844-763-8274 Participant International Dial In: 1-647-484-8814 Listen only link: About Beeline Beeline is a forward-thinking mortgage origination and technology company transforming home loans into a short, transparent, and easy path for millions of Americans. Using AI and proprietary technology, Beeline offers near-instant pre-approvals in as little as seven minutes, allowing borrowers to see loan options and lock their rate in one session. 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 our future growth including increase in our market share, revenue growth, and other matters referred to under 2025 Outlook and the anticipated results from building our tech stack. 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, resolving our working capital needs and the other Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation 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. Contact: [email protected] To view the source version of this press release, please visit
Yahoo
06-04-2025
- Business
- Yahoo
Family-owned restaurant and recreation complex pitches Apple Valley location
Duckpin bowling, bocce courts, an arcade and ax throwing are just a few of the activities that could be coming to Apple Valley in a new indoor/outdoor recreation complex, if the city plays ball. Skyline Social & Games, which has one location near Duluth, cleared a couple of rungs on the ladder of permits and approvals this week in the hopes of bringing its second location and scores of sports leagues to the Orchard Place shopping center. Before Plymouth-based developer HJ Development turned it into Orchard Place, the land at the corner of Pilot Knob Road and 155th Street West was a gravel mining site. The area is now home to tenants like Lunds & Byerlys, Chipotle, HealthPartners, Punch Pizza and Mister Car Wash. 'We've heard (from residents) throughout our process as we've been developing (Orchard Place), 'We'd like something unique that isn't throughout the metro,'' said Chris Moe, a partner at HJ Development, during Wednesday's planning commission meeting. According to the project's site plan, the nearly 100,000-square-foot facility would be constructed directly to the west of Lunds & Bylerlys at the corner of English Avenue and 155th Street West. Headquartered in Hermantown, Minn., Skyline has been a family-owned business since 1976 and currently at the helm is third-generation owner Corey Kolquist and his wife, Whitney Kolquist. Formerly known as Dave's Pizza or Skyline Lanes, the business rebranded in 2019 and now hosts around 1,000 guests nightly in the warmer months and averages 500 guests nightly in the colder months, according to the project narrative. Current site plans for the Apple Valley location include the construction of a roughly 46,550-square-foot indoor recreation facility with a restaurant and a roughly 51,150-square-foot outdoor recreation facility and patio. Sand volleyball, cornhole and bocce courts are planned for the outdoor area, which would also include a bar, fire pits, outdoor dining seating, speakers and stadium lighting, according to city documents. Some 329 parking stalls are planned for the parking lot. The indoor space would include five ax-throwing bays, a 60-game arcade, 14 bowling lanes and 12 duckpin lanes. Similar to traditional bowling, duckpin bowling features shorter lanes and smaller, squatter pins that are attached to strings. The idea is when the bowling ball, which is also smaller, crashes into the pins, they scatter similar to a flock of ducks flying. A rezoning proposal will be paramount to Skyline's construction. The project area is currently zoned as 'retail business,' which works for the indoor recreation facility, but not the outdoor one, which would need to be rezoned as 'planned development,' according to city documents. One point of contention at Wednesday's meeting was a standard that read, 'No patrons shall be present and no recreational activities shall occur within the outdoor recreation facility area between the hours of 11 p.m. and 10 a.m.' The hour limitation was proposed by city staff with consideration to nearby residential properties, said Sydnee Stroeing, associate planner for the city. Skyline President Corey Kolquist took issue with the limitation, saying his business hosts graduation parties in the spring that start earlier on weekend mornings. Kolquist emphasized that any music would be turned off at 10:30 p.m. and the lights turned off at 11 p.m., adding, 'It's not a concert hall.' Ultimately, Kolquist and the commission agreed to adjust the off-hours from 11 p.m. to 8 a.m. MnDOT announces 2025 state construction projects Little Canada man pleads guilty to strangling sex worker in Eagan hotel room Mexican national with ties to cartel sentenced to federal prison after South St. Paul drug bust Eagan native Eva Erickson joins an alliance of muscle on 'Survivor' Inver Grove Heights man cited for damaging Easter display outside Capitol After discussion Wednesday, the planning commission recommended approval of the rezoning and approval of the site plan and building permit authorization. Next, the project is expected to move on to the Apple Valley City Council for further review. Should the project come to fruition, Skyline expects to employ 120 to 150 staff members at the new location. 'The Apple Valley location is expected to generate significant economic impact, including an estimated $650,000-$800,000 in sales tax, $321,000 in payroll tax and over $250,000 in property tax,' according to the project narrative.
Globe and Mail
03-04-2025
- Business
- Globe and Mail
Beeline to Release Year-End Results and Invites Stakeholders to Business Update Call
Providence, Rhode Island--(Newsfile Corp. - April 3, 2025) - Beeline (NASDAQ: BLNE), a digital-first innovator in the mortgage industry, announced today that it will be reporting results and hosting its 2024 annual earnings and business update call on April 15, 2025 at 5:00 PM ET. The call will be led by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer. Participants may join the call by dialing in using the information provided below or by accessing the live webcast via the following link: Participant Dial In (toll free): 1-844-763-8274 Participant International Dial In: 1-647-484-8814 Listen only link About Beeline Financial Holdings, Inc. Beeline Financial Holdings, Inc. is a technology-driven mortgage lender and title provider offering a fully digital, AI-enhanced, platform that simplifies and accelerates the home financing process for homeowners and property investors. Based in Providence, RI, Beeline is dedicated to transforming the mortgage industry through innovative technology and customer-centric solutions.
