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
![GlobeNewswire](../../../Content/images/providers/GN.png)
LM Funding America, Inc. (LMFA)
US:NASDAQ Investor Relations:
ir.lmfunding.com/investor-overview
Company Research
Source: GlobeNewswire
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 Held 163.4 Bitcoin at March 31, 2024, Valued at Approximately $11.7 Million Based on Bitcoin Price of $71,300 Reports Working Capital of Approximately $12.7 Million and LM Funding Stockholders’ Equity of $38.5 Million ($15.43 per share) as of March 31, 2024 Conference Call to Be Held Today at 11:00 am ET TAMPA, Fla., May 16, 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 business update and reported financial results for the three months ended March 31, 2024. Operational Highlights Approximately 5,900 Bitcoin mining machines are in operation at hosting sites as of March 31, 2024Mined 86.4 Bitcoin in Q1 2024, which generated approximately $4.6
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LMFA
News
- LM Funding America, Inc. (NASDAQ: LMFA) had its "neutral" rating re-affirmed by analysts at HC Wainwright.MarketBeat
- LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended May 31, 2024GlobeNewswire
- 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 [Yahoo! Finance]Yahoo! Finance
- LM Funding partners with Arthur Mining to develop new 15 MW hosting site [Seeking Alpha]Seeking Alpha
- 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 EfficienciesGlobeNewswire
LMFA
Sec Filings
- 6/21/24 - Form 4
- 6/12/24 - Form 8-K
- 6/10/24 - Form 8-K
- LMFA's page on the SEC website