Quarterly ResultMay 13, 2026, 04:13 PM
Linkhome Holdings Q1 Net Loss $134.6K; Revenue Down 14%
AI Summary
Linkhome Holdings Inc. reported a net loss of $134,670 for the first quarter of 2026, a significant decline from a net income of $80,629 in the prior year. Total revenues decreased by 14.04% to $4.91 million, primarily due to reduced real estate agency commissions and property sales through its Cash Offer program. The company also saw a substantial increase in cash used in operating activities and a 50.54% decrease in cash and cash equivalents since December 31, 2025.
Key Highlights
- Linkhome Holdings reported a net loss of $134,670 in Q1 2026, compared to net income of $80,629 in Q1 2025.
- Total revenues decreased 14.04% to $4,907,470 in Q1 2026 from $5,709,426 in Q1 2025.
- Gross profit declined 28.97% to $186,028 in Q1 2026 from $261,917 in Q1 2025.
- Net cash used in operating activities increased to $3,292,646 in Q1 2026 from $844,832 in Q1 2025.
- Cash and cash equivalents decreased 50.54% to $3,471,824 from $7,018,931 since December 31, 2025.
- Real estate service revenue fell 67.56% to $74,470, with agency commissions down 74.24%.
- Revenue from property purchases and sales via Cash Offer decreased 11.80% to $4,833,000.
- Total assets decreased 17.88% to $8,223,905 from $10,015,073 since December 31, 2025.