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LM Funding America, Inc. - $LMFA STOCK NEWS

Welcome to our dedicated page for LM Funding America news (Ticker: $LMFA), a resource for investors and traders seeking the latest updates and insights on LM Funding America stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LM Funding America's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LM Funding America's position in the market.

Rhea-AI Summary
LM Funding reports Q2 2023 financial results. Mined 106.6 Bitcoins with average value of $27,900 per Bitcoin. Completed acquisition of Symbiont.io assets. Working capital of $5.5M and stockholders' equity of $39.9M ($2.72 per share) as of June 30, 2023. Net loss of $4.5M but achieved Core EBITDA of $1.0M. Total revenue of $3.2M, a 1,260% increase YoY. Cash reserves of $1.8M and 79 Bitcoins valued at $2.0M. Conference call to be held today at 11:00 am ET.
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End-of-Day
-10.14%
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Rhea-AI Summary
LM Funding America, Inc. (LMFA) to Host Conference Call to Discuss Financial Results and Business Update
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Rhea-AI Sentiment
End-of-Day
4.35%
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4.96%
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Rhea-AI Sentiment
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-0.85%
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Rhea-AI Summary
LM Funding America, Inc. has been invited to present at the 13th Annual LD Micro Invitational. The event will feature 150+ companies presenting in half-hour increments. LM Funding's Chairman and CEO will present on June 7th.
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Rhea-AI Sentiment
End-of-Day
-3.57%
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conferences
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2.08%
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2.26%
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39.97%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
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LM Funding America, Inc.

Nasdaq:LMFA

LMFA Rankings

LMFA Stock Data

5.91M
1.99M
15%
8.81%
7.78%
International Trade Financing
Finance and Insurance
Link
United States of America
TAMPA

About LMFA

formed in january 2008, lm funding is a financial services company that provides principal secured funding to condominium associations facing the ramifications of delinquent association dues. we are real estate and legal professionals with over 50 years and more than $1 billion of investment and transactional experience. we believe that condo associations and their owners shouldn’t have to take on the financial responsibility of delinquency and the hassle of collection. that’s why we “buy problems.” before lm funding, condo association owners would have to hire attorneys to collect bad debt. we’re changing that, with a unique business idea that turns debt into instant cash—freeing condo associations from the burden of collection and allowing them to continue to maintain their operations. lm funding’s accumulated delinquent assessment balance is now in excess of $90 million. that is a lot of problems that we’ve bought, and we want more!