Revenue grew by 40% year-over-year to an annualized rate of $37.9 million with a contribution margin of 40.95%. Operating capital usage for the six-month period totaled $3.1 million with Groundfloor ending June with just over $16 million in available operating capital.
Groundfloor originated $171 million in loan volume in 1H 2025, a 67% increase from 1H 2024, and we expect that trend to continue into 2H 2025.
Gross investment volume on the platform grew by 26.5% to $304 million, fractional loan sales increased by 4.1% to $98.1 million, and the number of participating investors increased by 13.4% to 21,643. Retail investor AUM reached $330 million, up 8% from 1H 2024.