LM Funding America, Inc. (LMFA)

NASDAQ: LMFA · IEX Real-Time Price · USD
4.370
-0.180 (-3.96%)
At close: Jul 2, 2024, 4:00 PM
4.440
+0.070 (1.60%)
After-hours: Jul 2, 2024, 6:51 PM EDT
-3.96%
Market Cap 10.89M
Revenue (ttm) 15.42M
Net Income (ttm) -9.07M
Shares Out 2.49M
EPS (ttm) -3.97
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 10,305
Open 4.540
Previous Close 4.550
Day's Range 4.360 - 4.800
52-Week Range 1.632 - 6.111
Beta 1.32
Analysts Hold
Price Target n/a
Earnings Date Aug 12, 2024

About LMFA

LM Funding America, Inc. operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. The company was founded in 2008 and is based in Tampa, Florida. [Read more]

Industry Credit Services
Sector Financials
IPO Date Oct 23, 2015
Employees 8
Stock Exchange NASDAQ
Ticker Symbol LMFA
Full Company Profile

Financial Performance

In 2023, LMFA's revenue was $12.98 million, an increase of 648.82% compared to the previous year's $1.73 million. Losses were -$15.94 million, -45.47% less than in 2022.

Financial Statements

News

LM Funding America, Inc. Announces Strategic Collaboration with Arthur Mining to Support Development of New Hosting Sites with Dedicated Capacity Expected to Drive Revenue Growth and Significant Cost Efficiencies

Tampa, FL, June 07, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today annou...

25 days ago - GlobeNewsWire

LM Funding America, Inc. Achieves Over 105% Year-Over-Year Revenue Growth to $4.7 Million and Generated $1.9 Million of Net Income for the First Quarter of 2024

Mined 86.4 Bitcoins in Q1 2024 Valued at Approximately $4.6 Million at an Average  Market Revenue Value of Approximately $53,000 per Bitcoin

6 weeks ago - GlobeNewsWire

LM Funding America, Inc. Schedules First Quarter 2024 Financial Results and Business Update Conference Call

TAMPA, FL, May 13, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today annou...

7 weeks ago - GlobeNewsWire

LM Funding America, Inc. Announces the Appointment of Marty Traber to its Board of Directors

TAMPA, FL, April 30, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today anno...

2 months ago - GlobeNewsWire

LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended March 31, 2024

Total Bitcoin holdings increased to approximately 163.4 BTC as of March 31, 2024, or approximately $11.7 million based on an estimated April 8, 2024, BTC price of $71,500 Total Bitcoin holdings increa...

3 months ago - GlobeNewsWire

LM Funding America Achieves Over 648% Revenue Growth to $13.0 Million for 2023

Mined 423.4 Bitcoins in 2023 Valued at Approximately $12.3 Million at an Average Market Revenue Value of Approximately $29,000 per Bitcoin Held 153.6 Bitcoin at February 29, 2024, Valued at Approximat...

3 months ago - GlobeNewsWire

LM Funding America, Inc. Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call

TAMPA, FL, March 25, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today ann...

3 months ago - GlobeNewsWire

LM Funding to Take Early Delivery of 300 S21 Bitmain Mining Machines in Advance of 2024 Bitcoin Halving Event

Expects machines to be located and mining by early April, increasing mining capacity to 673 PH Expects machines to be located and mining by early April, increasing mining capacity to 673 PH

3 months ago - GlobeNewsWire

LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended February 29, 2024

Total Bitcoin holdings increase to approximately 153.6 BTC as of Februrary 29, 2024, or approximately $10.4 million based on an estimated March 8, 2024, BTC price of $68,000 Total Bitcoin holdings inc...

4 months ago - GlobeNewsWire

LM Funding Announces 1-for-6 Reverse Stock Split to Ensure Compliance with Nasdaq Continued Listing Requirements and to Attract a Broader Audience of Investors

TAMPA, FL , March 08, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or "LMFA"), a cryptocurrency mining and technology-based specialty finance company, today announced ...

4 months ago - GlobeNewsWire

LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended January 31, 2024

Total Bitcoin holdings increase to approximately 126.8 BTC, or approximately $5.4 million based on an estimated January 31, 2024, BTC price of $42,500 Total Bitcoin holdings increase to approximately ...

4 months ago - GlobeNewsWire

LM Funding to Present at the Microcap Conference in Atlantic City

Tampa, Florida--(Newsfile Corp. - January 25, 2024) - LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, t...

5 months ago - Newsfile Corp

LM Funding America, Inc. Provides Quarterly Operational and Bitcoin Mining Update for Three Months Ended December 31, 2023

Reports Increase in Bitcoin Holdings to 95.1 BTC valued at $4.0 Million at Year End Reports Increase in Bitcoin Holdings to 95.1 BTC valued at $4.0 Million at Year End

5 months ago - GlobeNewsWire

LM Funding Invests in S21 Bitmain Mining Machines in Advance of 2024 Bitcoin Halving Event

Purchases 300, high-efficiency, S21 Antminers for $1.1 Million Delivery of machines expected during second quarter of 2024 TAMPA, FL, Jan. 16, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ...

6 months ago - GlobeNewsWire

LM Funding Sells Symbiont's Blockchain Technology to Platonic Holdings Inc.

Sale Price of $2 Million Strengthens Balance Sheet; Provides Additional Resources to Purchase New Mining Machines in Preparation for Expected Bitcoin Halving Event in Q2 2024 Sale Price of $2 Million ...

6 months ago - GlobeNewsWire

LM Funding America, Inc. Achieves Over 1,720% Year-Over-Year Revenue Growth to $3.4 Million

Mined 117.1 Bitcoins in the Third Quarter of 2023 at an Average  Market Revenue Value of Approximately $28,000 per Bitcoin

8 months ago - GlobeNewsWire

LM Funding America, Inc. Schedules Third Quarter 2023 Financial Results and Business Update Conference Call

TAMPA, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today anno...

8 months ago - GlobeNewsWire

LM Funding America, Inc. Provides Quarterly Operational and Bitcoin Mining Update for Three Months Ended September 30, 2023

Reports Increases in Bitcoin Mined, Bitcoin Sold and New Mining Machines Reports Increases in Bitcoin Mined, Bitcoin Sold and New Mining Machines

9 months ago - GlobeNewsWire

LM Funding America to Present at the H.C. Wainwright 25th Annual Global Investment Conference

TAMPA, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today ann...

10 months ago - GlobeNewsWire

LM Funding America, Inc. Achieves Over 1,260% Year-Over-Year Revenue Growth to $3.2 Million and Generates Positive Core EBITDA for the Second Quarter of 2023

Mined 106.6 Bitcoins in the Second Quarter of 2023 at an Average Market Revenue Value of Approximately $27,900 per Bitcoin

11 months ago - GlobeNewsWire

LM Funding America, Inc. Schedules Second Quarter 2023 Financial Results and Business Update Conference Call

TAMPA, FL, Aug. 09, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today anno...

11 months ago - GlobeNewsWire

LM Funding America, Inc. Provides Quarterly Bitcoin Mining Update for Three Months Ended June 30, 2023

TAMPA, FL, July 12, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today annou...

1 year ago - GlobeNewsWire

LM Funding America, Inc. Acquires Assets of Symbiont.io, Inc. from Chapter 11 Bankruptcy

TAMPA, June 06, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc.  (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced that...

1 year ago - GlobeNewsWire

LM Funding America, Inc. to Present at LD Micro Invitational XIII on Wednesday, June 7, at 1:00 PM PT (4:00 PM ET)

Tampa, Florida--(Newsfile Corp. - June 5, 2023) - LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today...

1 year ago - Newsfile Corp

LM Funding America, Inc. Chairman and CEO to Appear on CNBC's Crypto World at 3 PM ET Today

TAMPA, Fla. , June 1, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, announces th...

1 year ago - PRNewsWire