Core Viewpoint - LM Funding America, Inc. (LMFA) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on an upward trend in earnings estimates [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for LM Funding America indicates expected earnings of -$2.56 per share for the fiscal year ending December 2025, reflecting a year-over-year change of 60% [9]. - Over the past three months, the Zacks Consensus Estimate for LM Funding America has increased by 48.5%, showing a significant upward revision trend [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, making it a reliable tool for investors [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of LM Funding America to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11]. Market Impact - Changes in earnings estimates are strongly correlated with stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [5][6]. - The rising earnings estimates and subsequent rating upgrade for LM Funding America imply an improvement in the company's underlying business, which could lead to higher stock prices as investors respond positively [6].

Revenue Performance - Total revenues for the year ended December 31, 2024, decreased by approximately $2.0 million to approximately $11.0 million from approximately $13.0 million in 2023[264]. - Bitcoin mining revenues decreased to approximately $10.4 million for the year ended December 31, 2024, down from $12.3 million in 2023[264]. - Specialty finance revenues for the year ended December 31, 2024, were approximately $444,000, representing a decrease of 19.4% compared to approximately $550,000 in 2023[266]. Bitcoin Mining Operations - The company mined 170.6 Bitcoin in 2024 with an average Bitcoin price of approximately $61,000, compared to 423.4 Bitcoin at an average price of approximately $29,000 in 2023[265]. - Bitcoin mining costs of revenues for 2024 were approximately $7.0 million, or 67% of digital mining revenues, compared to approximately $9.4 million, or 77%, in 2023[268]. - The company generated $10.4 million from Bitcoin mining operations in 2024, down from $12.3 million in 2023, with cash used in operations increasing to approximately $11.9 million in 2024 from $3.4 million in 2023[300]. Financial Position - The company held approximately 150 Bitcoin as of December 31, 2024, with a carrying value of approximately $14.0 million, compared to 95 Bitcoin valued at approximately $3.4 million in 2023[252]. - The company had cash and cash equivalents of $3.4 million and digital assets valued at $14.0 million as of December 31, 2024, an increase from $2.4 million and $3.4 million, respectively, as of December 31, 2023[294]. - The company's total outstanding debt as of December 31, 2024, is $6,751,657, an increase from $567,586 in 2023[303]. Loss and Impairment - The company recorded a net loss attributable to common shareholders of approximately $14.1 million for the year ended December 31, 2024, compared to a net loss of approximately $15.9 million in 2023[263]. - The company incurred a $1.4 million impairment loss on mining equipment for the year ended December 31, 2024, compared to nil for the year ended December 31, 2023[277]. - The company incurred $1,379,375 in impairment loss on mining equipment during 2024[306]. Financing and Interest - The company raised $6.9 million in net proceeds from equity financing transactions during the year ended December 31, 2024, compared to nil in 2023[298]. - The company reported an annualized interest expense of $443,700 for the year ended December 31, 2024[306]. - Annualized interest rates on various financing agreements range from 9.35% to 12%[303]. Other Financial Metrics - Core income before interest, taxes, and depreciation for 2024 was $3,940,771, a significant improvement from a loss of $235,800 in 2023[306]. - The company recognized a gain on the fair value of Bitcoin of $7.4 million for the year ended December 31, 2024, compared to nil for the year ended December 31, 2023[274]. - The company recognized an unrealized loss on investment and equity securities of approximately $1.1 million for the year ended December 31, 2024, compared to an unrealized loss of approximately $9.8 million for the year ended December 31, 2023[282]. Debt Obligations - Minimum required principal payments on the company's debt for 2025 are $386,312 and for 2026 are $6,500,000, totaling $6,886,312[303]. - The company paid $709,000 in principal and financing repayments during the year ended December 31, 2024, compared to $624,000 in 2023[303]. Miscellaneous - The company has no off-balance sheet arrangements[308]. - There are no critical accounting estimates for the year ended December 31, 2024[307].

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]

LM Funding America, Inc. (LMFA) Q4 2024 Earnings Conference Call March 31, 2025 08:00 AM ET Company Participants Operator - Conference Call OperatorRyan Duran - President of U.S. Digital MiningCody Fletcher - Investor RelationsRichard Russell - Chief Financial OfficerBruce Rogers - Chairman and Chief Executive Officer Conference Call Participants Matthew Galenko - Analyst, Maxim GroupKevin Deedy - Analyst, HC Wainwright Operator Good day, and thank you for standing by. Welcome to the LM Funding America four ...

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]

- Fourth quarter and full-year 2024 total revenue of $2.0 million and $11.0 million, respectively. - Fourth quarter and full-year 2024 CORE EBITDA of $3.3 million and $3.9 million, respectively. - Held 165.8 Bitcoin on February 28, 2025 valued at approximately $14.4 million, as of March 26, 2025 TAMPA, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a Bitcoin mining and technology-based specialty finance company, today reported financial resu ...

Core Viewpoint - LM Funding America, Inc. is set to announce its fourth quarter and full year 2024 earnings on March 31, 2025, at 8:00 AM EST, indicating a focus on transparency and communication with investors [1][2]. Company Overview - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [3]. - The company is publicly traded on NASDAQ under the ticker symbol LMFA [3]. Earnings Announcement Details - The earnings release and investor presentation will be made available on the company's Investor Relations website on the morning of March 31, 2025, prior to the conference call [2]. - The conference call will provide insights into the company's financial performance and strategic direction [1][4].

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]

Core Insights - LM Funding America, Inc. has announced a strategic partnership with Luxor Technology Corporation to deploy LuxOS firmware on its Bitcoin mining fleet, aiming to enhance mining efficiency and profitability [1][2][3] Company Overview - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [6] - Luxor Technology Corporation specializes in Bitcoin mining software and services, offering a range of products for the mining and compute power industry [7] Partnership Details - The LuxOS firmware upgrade was completed in early February 2025, expected to optimize mining machines, increase efficiency and hashrate by 10-15%, and improve system reliability [2][3] - The partnership is anticipated to enhance LM Funding's Bitcoin mining efficiency, leading to higher profitability and extended machine life without additional hardware investment [2][3] Technology Insights - LuxOS features intelligent auto-tuning, adjusting machine voltage and frequency to maximize hashrate while reducing power consumption [4] - The Advanced Thermal Management system of LuxOS ensures long-term operational stability by dynamically adjusting performance based on temperature thresholds [4] Compliance and Security - Luxor is the only U.S.-based firmware to achieve SOC 2 (Type II) certification, demonstrating a commitment to security, reliability, and compliance in institutional Bitcoin mining operations [5]