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] - Total revenue for Q4 2024 was approximately $2 million, a decrease from $4.1 million in Q4 2023, primarily due to the April 2024 Bitcoin halving event [20][21] - Net income attributable to LM shareholders for Q4 2024 was $2 million, an 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] - The company placed orders for 256 new Bitmain S21 Plus mining machines to enhance fleet efficiency [16] Market Data and Key Metrics Changes - The average Bitcoin price during Q4 2024 was approximately $83,000, while the average price for the full year was approximately $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][53] - The company aims to leverage Bitcoin-backed debt to capitalize on favorable market conditions [24][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 [25][13] - The company believes its current market cap relative to Bitcoin holdings presents a compelling investment opportunity [12][13] Other Important Information - The company retained a portion of its mined Bitcoin to capture potential upside for shareholders and deepen alignment with the Bitcoin industry [10] - 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: 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 machines - Groundwork for new containers will take about three weeks, with installation expected 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: Luxor OS2 deployment - Luxor OS2 has been deployed on all machines at the Calumet mining site but not on those at core [42] Question: Secured loan details - The $5 million secured loan is primarily for the new mining site in Oklahoma, with a 12% interest rate for two years [45]

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 ...

Core Insights - LM Funding America, Inc. reported total revenue of $2.0 million for Q4 2024 and $11.0 million for the full year 2024, reflecting a year-over-year decrease primarily due to the April 2024 Bitcoin halving event [1][11] - The company achieved a Core EBITDA of $3.3 million for Q4 2024 and $3.9 million for the full year 2024, a significant improvement from a Core EBITDA loss of $0.2 million in 2023 [1][11] - As of February 28, 2025, LM Funding held 165.8 Bitcoin valued at approximately $14.4 million, indicating a strategic accumulation of digital assets [1][5] Financial Highlights - Q4 2024 total revenue was $1.985 million, down from $4.055 million in Q4 2023, with digital mining revenues contributing $1.814 million [15] - For the full year 2024, total revenues were $10.999 million, compared to $12.984 million in 2023 [15] - The net income attributable to LM Funding shareholders improved to approximately $2.0 million in 2024 from a net loss of $1.6 million in 2023 [5][11] Operational Highlights - The company transitioned to a vertically integrated mining model, managing its own infrastructure to enhance margins and reduce risks associated with third-party hosting [4] - LM Funding secured low-cost power for its mining operations at its Oklahoma facility, which is expected to significantly lower energy costs and improve operational efficiency [4][6] - A partnership with Luxor Technology Corporation aims to install proprietary firmware that could boost mining efficiency by 10-15% without additional capital expenditures [6] Strategic Commentary - The CEO emphasized the importance of the Bitcoin halving as a pivotal opportunity for the company, highlighting the shift to a self-managed infrastructure model [4] - The CFO noted disciplined spending during the expansion phase, which contributed to profitability and growth in the Bitcoin treasury [5][7] - The company aims to acquire new mining sites to further enhance its revenue potential [4]

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].

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]

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]

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].

Group 1 - LM Funding America, Inc. is participating in the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference hosted by Maxim Group LLC on February 12, 2025 [1] - Bruce M. Rodgers, Chairman and CEO of LM Funding, will present at the conference, highlighting the company's role in the cryptocurrency mining and specialty finance sector [1][3] - The conference will feature discussions on the evolution of the digital asset ecosystem, including Bitcoin miners and corporate adopters of cryptocurrency as a treasury strategy, amidst expected regulatory changes [2] Group 2 - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [3] - Maxim Group LLC is a full-service investment banking and wealth management firm that provides a range of financial services, including investment banking and equity research [4]