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LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2024
GlobeNewswire News Room· 2024-11-13 13:30
TAMPA, Fla., Nov. 13, 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 and nine months ended September 30, 2024. Financial highlights Held 142.3 Bitcoin on September 30, 2024, Valued at Approximately $12.4 Million Based on Recent Bitcoin Price of $87,000Digital mining cost of revenues (exclusive of depreciation ...
LM Funding America, Inc. Schedules Third Quarter 2024 Financial Results and Business Update Conference Call
GlobeNewswire News Room· 2024-11-08 19:20
Tampa, FL, Nov. 08, 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 Wednesday, November 13, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended September 30, 2024, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or ...
LM Funding America, Inc. Announces Ryan Duran Expands Leadership Role to President of its Bitcoin Mining Subsidiary - USDM
GlobeNewswire News Room· 2024-10-23 12:30
Tampa, FL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, is pleased to announce the promotion of Ryan Duran from Vice President of Operations to President of its digital mining subsidiary, US Digital Mining and Hosting Co LLC. Bruce Rodgers, Chairman and CEO of LM Funding, stated, "As we continue to focus and expand our Bitcoin mining operations, it is clear that strong, dedic ...
LM Funding America, Inc.'s Bitcoin Holdings was Valued at $9.6 million in Monthly Update
GlobeNewswire News Room· 2024-10-17 12:30
TAMPA, Fla., Oct. 17, 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 preliminary, unaudited Bitcoin mining and operational update for the month ended September 30, 2024. | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------|-----------------------------|----------------------------|--------------------------------|----------------- ...
LM Funding America Inc. Expects Operations to be Unaffected by Hurricane Milton; Headquarters Operating Remotely to Support Community Association Lending Businesses
GlobeNewswire News Room· 2024-10-10 12:00
Tampa, FL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- LM Funding America Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and a technology-based specialty finance company, today announced that it expects its Bitcoin mining operations to remain unaffected by Hurricane Milton, thanks to the geographic distribution of its miners. The Company fully anticipates its Bitcoin mining operations will continue without any interruptions or damage. Bruce Rodgers, Chairman and CEO of LM Funding, commen ...
LM Funding America(LMFA) - 2024 Q2 - Quarterly Results
2024-09-25 13:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 001-37605 47-3844457 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock par value $0.001 per share LMFA The Nasdaq Stock Market LLC FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): Septem ...
LM Funding America, Inc. estimates that the 135.7 Bitcoin holdings on August 31, 2024, were valued at approximately $8.7 million in their monthly updates
GlobeNewswire News Room· 2024-09-25 13:00
TAMPA, Fla., Sept. 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 provided a preliminary, unaudited Bitcoin mining and operational update for the month ended August 31, 2024. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------|----------------------------|-----------|-----------------|---------------------- ...
LM Funding America Announces Pricing of Registered Direct Offering for Aggregate Gross Proceeds of $2.6 Million
GlobeNewswire News Room· 2024-08-16 13:29
TAMPA, Fla., Aug. 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 announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 278,000 shares of common stock and 605,000 pre-funded warrants in a registered direct offering, along with Series A warrants to purchase up to an aggregate of 883,000 shares of common stock and Seri ...
LM Funding America(LMFA) - 2024 Q2 - Earnings Call Transcript
2024-08-14 18:18
LM Funding America, Inc. (NASDAQ:LMFA) Q2 2024 Earnings Conference Call August 14, 2024 11:00 AM ET Company Participants Ted Ayvas – Investor Relations Bruce Rodgers – Chief Executive Officer Richard Russell – Chief Financial Officer Conference Call Participants Michael Donovan – H.C. Wainwright Operator Greetings, and welcome to the LM Funding America Incorporated Second Quarter 2024 Business Update Call. At this time all participant are on a listen-only mode and question-and-answer session will follow the ...
LM Funding America, Inc. (LMFA) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-14 14:11
LM Funding America, Inc. (LMFA) came out with a quarterly loss of $1.65 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -94.12%. A quarter ago, it was expected that this company would post a loss of $0.57 per share when it actually produced a loss of $0.84, delivering a surprise of -47.37%. Over the last four quarters, the company ...