LM Funding America(US:LMFA)2025-05-15 11:06Financial Performance - The company's Q1 2025 revenue was $2.4 million, including $2.3 million from Bitcoin mining[7, 13] - Bitcoin mining revenue increased by 25.3% sequentially[13] - The company's mining margin was 38.5% in Q1 2025, up from 31.2% in Q4 2024[7, 13] - The company experienced a net loss of $5.4 million and a Core EBITDA loss of $2.8 million, impacted by a $1.8 million Bitcoin write-down[13] Bitcoin Mining Operations - The company mined 24.3 BTC in Q1 2025[7, 11] - The company's hashrate was 610 Ph/s in Q1 2025[7] - The company held 148.7 BTC as of April 30, 2025, valued at $15.5 million as of May 13, 2025[7, 8] Balance Sheet - As of March 31, 2025, the company had $1.0 million in cash[15] - As of March 31, 2025, the company's total debt was $6.7 million[15] - As of March 31, 2025, the company's Bitcoin holdings were valued at $13.2 million[15] Strategic Initiatives - The company is expanding its Oklahoma site with a 2 MW immersion cooling system[11, 19]