LM Funding America

LM Funding America, Inc. is a technology-based specialty finance company, which engages in the provision of funding to nonprofit community associations. It also focuses on business of purchasing delinquent accounts on various terms tailored to suit each association's financial needs, and cryptocurrency mining through its subsidiary. The company was founded by Carollinn Gould and Frank Silcox on January 14, 2008 and is headquartered in Tampa, FL.

Earnings data Q4 2020

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LM Funding America reports robust Q1 earnings amidst market undervaluation

LM Funding America's Q1 2024 earnings call highlighted strong financial performance, particularly in Bitcoin mining. The company is focused on growth, reinvestment, and technological advancements to capitalize on the potential of the cryptocurrency market.

LM Funding America reports revenue growth from Bitcoin mining operations

LM Funding America's Q2 performance reflects revenue growth from Bitcoin mining but also a net loss, signaling a focus on strategic investments.
The company's strengths lie in its expansion plans, reinvestment strategy, and the potential for revenue growth in the reserve funding market.
Challenges include managing costs, optimizing resource allocation, and navigating market volatility, while opportunities exist in legislative changes and operational enhancements.

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Mined 91.7 Bitcoins in the First Quarter of 2023 at an Average Market Revenue Value of $22,800 per Bitcoin Reports Working Capital of $4.6 Million and LM Funding Stockholders' Equity of  $44.0 Million ($3.36 per share) as of March 31, 2023 Conference Call to Be Held Today at 11:00 am ET TAMPA, Fla. , May 15, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today provided a business update and reported financial results for the quarter ended March 31, 2023.

LM Funding America, Inc. Achieves Over 1,100% Year-Over-Year Revenue Growth to $2.1 Million for the First Quarter of 2023

TAMPA, Fla. , May 11, 2023 /PRNewswire/ -- 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, May 15, 2022, at 11:00 a.m.

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

TAMPA, Fla. , May 10, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, announced today that Bruce M.

LM Funding America, Inc. to Participate in the Bitcoin Mining Virtual Conference Presented by Maxim Group LLC and hosted by M-Vest on Tuesday, May 16th at 9:00 A.M. ET 

Machines Expected to be Energized and Mining by the End of May TAMPA, Fla. , May 8, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that the Company has signed a new contract with GIGA Corporation to host 1,080 of its bitcoin mining machines, all of which are expected to be electrified and mining by May 31, 2023.

LM Funding America, Inc. Signs Contract with GIGA Corporation to Host 1,080 Bitcoin Mining Machines

Full-Year 2022 Revenue Increased by 93% and Mined 51 Bitcoins in the Fourth Quarter 2022 Approximately 2,800 Mining Machines Fully Operational Providing the Company with 280 PH/s of Mining Capacity at 2022 Year-End Reports Working Capital of $8.3 Million and LMFA Stockholders' Equity of $49.2 Million ($3.76 per share) as of December 31, 2022 TAMPA, Fla. , March 31, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today provided a business update and reported financial results for the year ended December 31, 2022.

LM Funding America, Inc. Provides Year-End Business Update; Reports Successful Repositioning into Bitcoin Mining Strategy

Machines Expected to be Electrified and Mining by the End of March 2023 TAMPA, Fla. , March 13, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that the Company has signed a new contract to host 500 of its bitcoin mining machines with  Aspen Creek Digital Corporation aka Longbow HostCo, LLC all of which are expected to be electrified and mining by the end of March 2023.

LM Funding America, Inc. Signs Contract to Host 500 Bitcoin Mining Machines

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One of the Top Cryptocurrency Summits of the Year Opportunity to Develop Long-Term Strategic Partnership Arrangements TAMPA, Fla. , Feb. 15, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that the Company will be participating in the World Digital Mining Summit in Singapore on Tuesday, February 21, 2023.

LM Funding America, Inc. To Participate in The World Digital Mining Summit in Singapore on February 21, 2023

TAMPA, FL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, announces that the Company's Chairman and CEO, Bruce Rodgers, will appear on BNN Bloomberg's national show, The Close, today, December 15, at approximately 3:20 PM Eastern Time.

LM Funding America, Inc. Chairman and CEO to Appear on BNN Bloomberg's “The Close” Today at 3:20PM ET

TAMPA, FL, Dec. 06, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, announced today that the Company's Chairman and CEO, Bruce Rodgers, will appear on CNBC's national streaming show, Crypto World, today, December 6, at approximately 3:00 PM Eastern Time.

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

TAMPA, FL, Nov. 30, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, announced today that Bruce Rodgers, Chairman, President and Chief Executive Officer, and Richard Russell, Chief Financial Officer of LM Funding, will be presenting virtually at the upcoming Ladenburg Thalmann Virtual Technology Expo on Wednesday, December 7th, 2022, at 2:30 PM ET.

LM Funding to Present at Ladenburg Thalmann Virtual Technology Expo

TAMPA, FL, Nov. 21, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced the appointment of Todd Zhang to the Company's Board of Directors.  Mr. Zhang replaces Joel Rodgers, who is retiring from service as a director at age 85.

LM Funding America, Inc. Announces the Appointment of Todd Zhang to its Board of Directors

LM Funding America, Inc. (NASDAQ:LMFA ) Q3 2022 Earnings Conference Call November 18, 2022 11:00 AM ET Company Participants David Waldman - IR Bruce Rodgers - CEO Rick Russell - CFO Conference Call Participants Matthew Galinko - Maxim Group Operator Good morning, ladies and gentlemen, and welcome to the LM Funding Third Quarter 2022 Business Updates Conference Call. At this time all participants are placed on a listen-only mode and the floor will be open for questions and comments after the presentation.

LM Funding America, Inc. (LMFA) Q3 2022 Earnings Call Transcript

TAMPA, Fla., Nov. 18, 2022 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by LM Funding America, Inc. (NASDAQ:LMFA), please note the Investor Conference Call date should read "November 18th, 2022" rather than "November 21, 2022" as originally stated. The corrected release follows:

CORRECTION -- LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2022

Expected to Have Approximately 2,700 Miners Mining by Year's End, Up From 848 Machines as of September 30, 2022

LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2022

Tampa, Florida--(Newsfile Corp. - October 18, 2022) - LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or "LMFA") announced today that Bruce Rodgers, Chairman, President and Chief Executive Officer, and Richard Russell, Chief Financial Officer of LM Funding, will be presenting at the LD Micro Main Event XV on Tuesday, October 25th at 4:00 PM PT/ 7:00 PM ET at the Luxe Sunset Boulevard Hotel in Los Angeles, California.Event:LD

LM Funding to Present at the LD Micro Main Event XV

TAMPA, FL, Oct. 04, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or "LMFA") announced today that Bruce Rodgers, Chairman, President and CEO and Richard Russell, Chief Financial Officer of LM Funding, will present at the Dawson James Securities 7th Annual Small Cap Growth Conference on October 12, 2022 at the Wyndham Grand Hotel in Jupiter, Florida.

LM Funding to Present at Dawson James Securities 7th Annual Small Cap Growth Conference on October 12th

TAMPA, FL, Sept. 26, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or "LMFA") today announced the energization of 848 S19J Pro Antminer Mining Machines (S19J Pro) at the Core Scientific Inc. facility in Calvert City, Kentucky.

LM Funding Commences Generation of Bitcoin Mining Revenue

LM Funding America Enters Into Hosting Agreement with Core Scientific Inc. Purchases 400 Bitcoin S19J Pro Antminers from Bitmain LM Funding America Enters Into Hosting Agreement with Core Scientific Inc. Purchases 400 Bitcoin S19J Pro Antminers from Bitmain

LM Funding Expands Bitcoin Mining Business

TAMPA, FL, Sept. 07, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a technology-based specialty finance company with a primary focus on expanding into the cryptocurrency mining business, today announced that Bruce Rodgers, Chairman, President and CEO of LM Funding, will be presenting at the H.C. Wainwright 24th Annual Global Investment Conference which is being held September 12th - 14th, 2022. The event will include virtual participation as well as in-person participation at the Lotte New York Palace Hotel in New York City.

LM Funding to Present at the H.C. Wainwright 24th Annual Global Investment Conference

LM Funding America, Inc. (NASDAQ:LMFA ) Q2 2022 Earnings Conference Call August 17, 2022 11:00 AM ET Company Participants David Waldman - Investor Relations Bruce Rodgers - Chief Executive Officer Rick Russell - Chief Financial Officer Conference Call Participants Matthew Galinko - the Maxim Group Operator Good morning, ladies and gentlemen. And welcome to LM Funding America's Second Quarter 2022 Financial Results and Business Update Conference Call.

LM Funding America, Inc. (LMFA) CEO Bruce Rodgers on Q2 2022 Results - Earnings Call Transcript

On track for over 5,000 miners to be operational by Q4 2022, with total capacity of 504 petahash

LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Second Quarter of 2022

TAMPA, Fla. , Aug. 15, 2022 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a technology-based specialty finance company with a primary focus on expanding into the cryptocurrency mining business, today announced that it will host a conference call on Wednesday, August 17, 2022, at 11:00 a.m.

LM Funding America, Inc. Schedules Second Quarter 2022 Financial Results and Business Update Conference Call

TAMPA, Fla. , June 27, 2022 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or "LMFA") today announced that it has entered into a hosting and services agreement with a multi-state data hosting company to host up to 4,200 of LMFA's S19J Pro Antminer Machines (S19J) (100 TH/s) ("Bitmain Miner Machines").

News for LM Funding America Stock (LMFA)