See more : Pacific Gas and Electric Company (PCG6.F) Income Statement Analysis – Financial Results
Complete financial analysis of LM Funding America, Inc. (LMFA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of LM Funding America, Inc., a leading company in the Financial – Credit Services industry within the Financial Services sector.
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LM Funding America, Inc. (LMFA)
About LM Funding America, Inc.
LM Funding America, Inc. 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. LM Funding America, Inc. was founded in 2008 and is based in Tampa, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.19M | 5.36M | 14.02M | 1.29M | 2.91M | 2.91M | 3.55M | 4.31M | 6.24M | 6.66M | 5.68M |
| Cost of Revenue | 9.41M | 1.03M | 250.53K | 329.76K | 620.36K | 754.70K | 1.15M | 1.52M | 1.33M | 0.00 | 0.00 |
| Gross Profit | -3.22M | 4.33M | 13.77M | 956.58K | 2.29M | 2.15M | 2.40M | 2.79M | 4.91M | 6.66M | 5.68M |
| Gross Profit Ratio | -51.99% | 80.74% | 98.21% | 74.36% | 78.66% | 74.03% | 67.72% | 64.71% | 78.69% | 100.00% | 100.00% |
| Research & Development | 0.00 | -15.82 | 0.36 | -3.21 | 21.95K | -0.14 | -1.18 | -0.75 | 0.00 | 0.00 | 6.89K |
| General & Administrative | 5.86M | 19.42M | 6.48M | 3.37M | 1.41M | 1.37M | 1.89M | 5.25M | 3.81M | 3.57M | 3.33M |
| Selling & Marketing | 851.81K | 635.27K | 417.96K | 351.23K | 515.49K | 323.03K | 762.27K | 0.00 | 0.00 | 177.67K | 216.74K |
| SG&A | 851.81K | 20.06M | 6.90M | 3.72M | 1.92M | 1.70M | 2.65M | 5.25M | 3.81M | 3.75M | 3.55M |
| Other Expenses | 12.79M | 24.74M | -15.83M | -17.78K | -62.11K | -17.96K | -58.38K | 6.91M | 3.83M | -7.05M | 0.00 |
| Operating Expenses | 13.64M | 25.38M | -8.93M | 3.70M | 1.86M | 1.68M | 2.59M | 7.99M | 4.52M | -3.30M | 3.55M |
| Cost & Expenses | 23.05M | 26.41M | -8.93M | 3.70M | 1.86M | 1.68M | 2.59M | 7.99M | 4.52M | -3.30M | 3.55M |
| Interest Income | 249.59K | 758.11K | 683.35K | 623.79K | 1.51M | 2.08M | 2.94M | 3.64M | 5.59M | 6.43M | 5.43M |
| Interest Expense | 0.00 | 4.42K | 653.00 | 7.19K | 142.16K | 464.81K | 614.11K | 594.60K | 717.31K | 985.02K | 1.21M |
| Depreciation & Amortization | 4.98M | 23.02M | 10.24M | 5.32M | 3.72M | 4.27M | 8.48M | 8.58M | 247.65K | 152.67K | 90.30K |
| EBITDA | -11.02M | -20.87M | 4.44M | -4.04M | 0.00 | 0.00 | -3.99M | -3.61M | 2.69M | 2.89M | 2.11M |
| EBITDA Ratio | -178.08% | -509.24% | 36.29% | -313.32% | -101.15% | 2.10% | -126.40% | -70.02% | 40.85% | 52.82% | 53.41% |
| Operating Income | -10.06M | -27.80M | 5.09M | -4.04M | -3.00M | -7.35K | -4.58M | -3.09M | 2.30M | 3.37M | 2.94M |
| Operating Income Ratio | -162.58% | -518.15% | 36.28% | -314.18% | -103.35% | -0.25% | -129.09% | -71.70% | 36.88% | 50.53% | 51.82% |
| Total Other Income/Expenses | -8.75M | -1.76M | 13.76M | -7.19K | -1.52M | -533.07K | -2.79M | -594.60K | -577.44K | -373.42K | -364.49K |
| Income Before Tax | -18.81M | -26.45M | 5.33M | -4.06M | -3.00M | -472.16K | -5.20M | -3.68M | 1.73M | 2.55M | 1.86M |
| Income Before Tax Ratio | -304.00% | -492.94% | 38.02% | -315.56% | -103.35% | -16.25% | -146.39% | -85.51% | 27.63% | 38.21% | 32.67% |
| Income Tax Expense | 60.57K | 1.44M | 326.18K | -17.74K | -1.75M | 464.81K | 3.43M | -1.31M | -146.56K | 985.02K | 1.21M |
| Net Income | -15.94M | -27.88M | 4.76M | -4.04M | -3.00M | -472.16K | -8.63M | -2.37M | 1.73M | 2.38M | 1.73M |
| Net Income Ratio | -257.62% | -519.75% | 33.96% | -314.18% | -103.35% | -16.25% | -243.08% | -55.06% | 27.74% | 35.75% | 30.47% |
| EPS | -6.98 | -12.79 | 4.18 | -14.94 | -28.77 | -2.37 | -128.40 | -36.00 | -0.50 | 36.10 | 26.23 |
| EPS Diluted | -6.98 | -12.79 | 3.60 | -14.94 | -28.77 | -2.37 | -128.38 | -35.91 | -0.50 | 36.10 | 26.23 |
| Weighted Avg Shares Out | 2.28M | 2.18M | 1.14M | 270.49K | 104.46K | 199.34K | 67.19K | 65.84K | 66.00K | 66.00K | 66.00K |
| Weighted Avg Shares Out (Dil) | 2.28M | 2.18M | 1.32M | 270.49K | 104.46K | 199.34K | 67.20K | 66.00K | 66.12K | 66.00K | 66.00K |
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 Approximately $10.8 Million Based on Recent Bitcoin Price of $70,000...
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 announced that it will host a conference call on Monday, April 1,...
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
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 increase to approximately 153.6 BTC as of Februrary 29,...
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 a 1-for-6 reverse stock split of its outstanding common stock, effective at 12:01...
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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 126.8 BTC, or approximately $5.4 million based on an estimated January...
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, today announced that management will be participating at The Microcap Conference which is...
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
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:LMFA) ("LM Funding" or the “Company") a cryptocurrency mining and technology-based...
Source: https://incomestatements.info
Category: Stock Reports