MARKET COMPOSITE
LMFA - LM Funding America Inc8:00:00 PM 4/17/2024
Price
$2.50
+ 0.06 (2.46%)
LM Funding America, Inc., through its subsidiary, LM Funding, LLC, operates as a specialty finance company. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. The company offers funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It is also involved in the business of purchasing delinquent accounts on various terms tailored to suit each Association's financial needs, including under its New Neighbor Guaranty program. In addition, the company provides medical insurance products for international travelers. LM Funding America, Inc. was founded in 2008 and is based in Tampa, Florida.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue4.1MM+19%
Operating Income-1.8MM-44%
Operating Expenses5.8MM-12%
Net Income-1.6MM-64%
G&A168.6K-16%
Professional Service634.5K+51%
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Stock news

    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 $71,500TAMPA, FL, April 09, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining update for the month ended March 31, 2024. Metrics * One Month January 31, 2024 One

    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 Approximately $10.8 Million Based on Recent Bitcoin Price of $70,000 Reports Working Capital of Approximately $7.4 Million and LM Funding Stockholders’ Equity of $36.2 Million ($14.52 per share) as of December 31, 2023 Conference Call to Be Held Today at 11:00 am ET TAMPA, Fla., April 01, 2024 (GLOBE NEWSWIRE

    TAMPA, FL, March 27, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the “Company") a cryptocurrency mining and technology-based specialty finance company, announced that the Company received notice from Nasdaq on March 26, 2024, indicating that LM Funding had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2). Bruce M. Rodgers, Chairman and CEO of LM Funding, commented, “We are pleased to have regained compliance with the con

    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 announced that it will host a conference call on Monday, April 1, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended December 31, 2023, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. calle

    Expects machines to be located and mining by early April, increasing mining capacity to 673 PHTAMPA, FL, March 15, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the “Company") a cryptocurrency mining and technology-based specialty finance company, today announced that it will take early delivery of the previously announced purchase of 300 Bitmain S21 Antminer machines. The S21 is a high efficiency, high hash rate machine mining SHA-256 algorithm manufactured by

    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 $68,000TAMPA, FL, March 11, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining update for the month ended February 29, 2024. Metrics * One Month January 31, 202

    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 a 1-for-6 reverse stock split of its outstanding common stock, effective at 12:01 a.m. Eastern time on March 12, 2024. Beginning March 12, 2024, LM Funding’s common stock will trade on a split-adjusted basis. Bruce M. Rodgers, Chairman and CEO of LM Funding, stated, "We believe that our business fun

    Total Bitcoin holdings increase to approximately 126.8 BTC, or approximately $5.4 million based on an estimated January 31, 2024, BTC price of $42,500TAMPA, FL, Feb. 15, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining update for the month ended January 31, 2024. Metrics *One Month January 31, 2024Bitcoin Beginning Balance

    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, today announced that management will be participating at The Microcap Conference which is being held on January 30 - February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ.Bruce M. Rodgers, Chairman and CEO of the Company is scheduled to present on Wednesday, ...

    Reports Increase in Bitcoin Holdings to 95.1 BTC valued at $4.0 Million at Year EndTAMPA, FL, Jan. 18, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining update for the three and twelve months ended December 31, 2023. Metrics * Three Months March 31, 2023 Three Months June 30, 2023 Three Months September 30, 2023 Three Months