UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-37605 LM FUNDING AMERICA, INC. (Exact name of Registrant as specified in its Charter) Delaware 47-3844457 (State or other jurisdictio ...

Financial Data and Key Metrics Changes - In 2024, the company mined 170.6% Bitcoin, generating approximately $11 million in revenue and $3.9 million in core EBITDA, indicating strong growth compared to previous periods [11][10] - For Q4 2024, total revenue was approximately $2 million, down from $4.1 million in Q4 2023, primarily due to the April 2024 Bitcoin halving event [20][21] - The net income attributable to LM shareholders for Q4 2024 was $2 million, a significant improvement from a net loss of $1.6 million a year ago [22] - Core EBITDA for Q4 2024 increased to $3.3 million, nearly 10 times what was generated a year ago [23] Business Line Data and Key Metrics Changes - The company transitioned to a vertically integrated model, managing its own mining infrastructure, which has improved margins and reduced energy costs [7][9] - The acquisition of a 15 megawatt mining facility in Oklahoma marked a significant operational achievement [16] Market Data and Key Metrics Changes - The average Bitcoin price during Q4 2024 was approximately $83,000, while the average for the full year was about $61,000 [20] - As of February 25, 2025, the company expanded its total energized hash rate to 560 petahash per second and held 165.8% Bitcoin on its balance sheet [11] Company Strategy and Development Direction - The company plans to invest in next-generation mining hardware, energy efficiency initiatives, and strategic site acquisitions to support growth [14][26] - The focus remains on acquiring smaller power assets in the 5 to 20 megawatt range, which are often overlooked by larger operators [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating industry volatility and emphasized the importance of vertical integration and disciplined cost management for future success [25][13] - The company believes its current market cap presents a compelling value relative to its Bitcoin holdings, which are valued significantly higher than the market cap [12] Other Important Information - The company retained a portion of its mined Bitcoin to capture potential upside for shareholders and deepen alignment with the broader Bitcoin industry [10] - The combined cash and Bitcoin holdings increased by 200% in fiscal year 2024, with cash growing 40% to $3.4 million and Bitcoin holdings surging over 300% to $14 million [23] Q&A Session Summary Question: Current operating stats and new machines - The 256 new machines have not yet arrived and will be added once installed [31] Question: Open sockets and deployment of new machines - There is space to add about two more megawatts, and the new machines will replace less efficient ones [33][35] Question: Timeline for new containers - Groundwork for the new containers is expected to take about three weeks, with installation within 90 days [38] Question: Opportunities in Texas - The company has looked at several sites in Texas but currently has no outstanding letters of intent [40] Question: Deployment of Luxor OS2 - Luxor OS2 has been deployed on all machines at the Calumet mining site but not on those at core [42] Question: Details on the secured loan - The $5 million secured loan is primarily for the new mining site in Oklahoma, structured to avoid liquidating Bitcoin [45]

This presentation includes certain non-GAAP financial measures, such as Core EBITDA. These non-GAAP measures are presented for supplemental information and should not be considered a substitute for financial information presented in accordance with GAAP. A reconciliation of these non-GAAP measures to the most directly comparable GAAP measures is set forth in the Appendix to this presentation Overview An emerging leader in Bitcoin mining Q4 2024 Supplemental Investor Presentation Nasdaq: LMFA Forward-Looking ...

Compliance and Reporting - The report is part of the company's ongoing compliance with the Securities Exchange Act of 1934[9] - The company has filed its Annual Report on Form 10-K for the year ended December 31, 2023, detailing potential risks[9] - The press release issued on January 16, 2025, is incorporated as Exhibit 99.1[8] - The company is registered under the Commission File Number 001-37605[5] - The company's common stock is traded on The Nasdaq Stock Market LLC under the symbol LMFA[5] - The CFO Richard Russell signed the report, indicating official acknowledgment of the contents[13] Financial Performance and Outlook - The company anticipates that actual results may differ materially from forward-looking statements due to various risks and uncertainties[9] - The report does not include any financial statements or detailed performance metrics[7] - The company has not indicated any new product launches or market expansions in this report[9] Bitcoin Production and Mining - The company provided a Bitcoin production and mining update for the month ended December 31, 2024[6]

TAMPA, Fla., March 25, 2025 (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 it has scheduled its fourth quarter and full year 2024 earnings conference call and webcast for Monday, March 31, 2025 at 8:00 AM EST. LM Funding will publish its fourth quarter and full year 2024 results as well as an accompanying investor presentation the morning of March 31, 2025 before the call. A cop ...

Core Insights - The company completed a LuxOS firmware upgrade that has improved fleet efficiency and increased Bitcoin production without the need for additional machines [1][2] - As of February 28, 2025, the company holds 165.8 BTC valued at approximately $14.6 million, translating to about $2.85 per share based on a Bitcoin price of approximately $88,100 [1][2] Operational Metrics - Bitcoin mined (net) increased from 7.0 in December 2024 to 8.1 in February 2025, while Bitcoin sold remained at 0 for January and February 2025 [2] - The company's Bitcoin HODL increased from 150.2 BTC in December 2024 to 165.8 BTC in February 2025 [2] - The total number of operational machines remained stable at 5,121 from January to February 2025, with a total of 5,840 machines [2] Hashrate Performance - The total hashrate remained consistent at 0.63 EH/s from December 2024 to February 2025, with specific contributions from Oklahoma and hosted machines [2]

TAMPA, Fla., Feb. 19, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced a strategic partnership between its US Digital Mining and Hosting Co subsidiary (“USDM”) and Luxor Technology Corporation (“Luxor”), a leader in Bitcoin mining software services, for the deployment of LuxOS firmware on the Company’s Bitcoin mining fleet. The LuxOS firmware upgrade was completed in early Februar ...

Core Insights - LM Funding America, Inc. has reported a significant operational update for January 2025, highlighting the full operational status of its 15 MW mining site in Oklahoma and an increase in Bitcoin holdings valued at approximately $16.1 million as of January 31, 2025 [1][3]. Group 1: Operational Metrics - The company mined 8.0 Bitcoin in January 2025, an increase from 7.0 Bitcoin in December 2024 [2]. - The total number of operational machines increased from 3,681 in December 2024 to 5,121 in January 2025 [2]. - The hashrate at the Oklahoma site increased from 0.29 EH/s in December 2024 to 0.43 EH/s in January 2025 [2]. Group 2: Financial Performance - The value of the company's Bitcoin holdings rose from 150.2 Bitcoin in December 2024 to 158.2 Bitcoin in January 2025, reflecting a strong accumulation strategy [2][3]. - The estimated value of the 158.2 Bitcoin holdings was approximately $16.1 million, based on a Bitcoin price of around $102,000 as of January 31, 2025 [3]. Group 3: Strategic Outlook - The company aims to pursue additional low-cost energy sites and strategic mergers and acquisitions to enhance its growth trajectory [3]. - LM Funding is focusing on acquiring green field and brown field power assets in the 5 to 20 MW range, which are typically overlooked by larger operators [3].

TAMPA, Fla., Feb. 10, 2025 (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 Bruce M. Rodgers, Chairman and CEO, has been invited to present at the “Digital Assets 2025: To Bitcoin and Beyond,” virtual conference hosted by Maxim Group LLC (“Maxim”) on Wednesday, February 12th 2025 at 8:30 AM EST. Matthew Galinko, Research Analyst at Maxim, will sit down with companies in the ...

TAMPA, Fla., Feb. 10, 2025 (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 Bruce M. Rodgers, Chairman and CEO, has been invited to present at the "Digital Assets 2025: To Bitcoin and Beyond," virtual conference hosted by Maxim Group LLC ("Maxim") on Wednesday, February 12th 2025 at 8:30 AM EST. Matthew Galinko, Research Analyst at Maxim, will sit down with companies in the ...