Filing Flows › Bimini Capital Management (BMNM) › Q2 2025
Bimini Capital Management (BMNM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Bimini Capital Management (BMNM) reported revenue of $5.6M for the second quarter 2025 (Q2 2025), +20% from a year earlier and +1% from the quarter before. Operating margin was 0.9%, net earnings $43K (0.8% of revenue).
Bimini Capital Management, Q2 2025: revenue $5.6M (+20% year over year), operating margin 0.9%, net earnings $43K, operating cash flow $1.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.6M | +1% | +20% |
| Operating profit | $49K | -93% | — |
| Net earnings | $43K | -92% | — |
| Operating cash flow | $1.8M | — | +51% |
What changed
Revenue was $5.6M in Q2 2025, up 20% year over year and up 1% from the previous quarter.
Operating profit was $49K, a 0.9% margin (up 4.4 points year over year). Total costs grew 15% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $43K. The effective tax rate was 13.3%.
Operating cash flow was $1.8M (up 51% year over year), 4196% of net earnings. Non-cash charges added back $17K of depreciation and amortization. Working capital and other items added $1.7M.
Questions
What was Bimini Capital Management's revenue in the second quarter 2025?
Bimini Capital Management (BMNM) reported revenue of $5.6M for the second quarter 2025 (Q2 2025), +20% from a year earlier and +1% from the quarter before.
Was Bimini Capital Management profitable in the second quarter 2025?
Operating profit was $49K (0.9% of revenue) and net earnings $43K.