Flagship explainer

How BLUM HOLDINGS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$13M · 100%Cost of revenue$6.8M · 52%Gross profit$6.2M · 48%Operating income$5.4M · 41%Income before tax$18.3M · 141%Income tax$1.4M · 11%Net income$33.1M · 255%As of 2024-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$13M100%
Cost of revenue$6.8M52%
$6.2M48%
$5.4M41%
Income before tax$18.3M141%
Income tax$1.4M11%
$33.1M255%
Source: · event Dec 31, 2024 · retrieved Jul 26, 2026 · annual-row source set
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