NASDAQ$LMFA

LM Funding America Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

LM Funding America successfully repositioned into a Bitcoin mining strategy.

LM Funding America reported a 93% increase in full-year revenue and mined 51 Bitcoins in Q4 2022. By the end of the year, the company had approximately 2,800 mining machines fully operational, providing 280 PH/s of mining capacity. The company reported working capital of $8.3 million and stockholders’ equity of $49.2 million ($3.76 per share) as of December 31, 2022.

  • Total revenue for the twelve months ended December 31, 2022, was approximately $1.7 million, an increase of $0.8 million, or 93% from $0.9 million for the full-year 2021.
  • The increase was primarily due to an increase in Bitcoin mining revenue of $0.9 million that was predominately generated in the fourth quarter of 2022.
  • Cash of approximately $4.2 million and digital assets of $0.9 million as of December 31, 2022.
  • Total LMFA stockholders’ equity of $49.2 million and net equity per share of $3.76 as of December 31, 2022.

Headline financials

Total Revenue

$1.12M

Previous: $332K+238.1%
EPS (adj)

-$9.00

Previous: -$7.68-17.2%
Bitcoins mined

51

No prior period
Capital Expenditures

$2.00

Previous: $10.2K-100.0%
Free Cash Flow

-$7.46M

Previous: -$1.8M-314.8%
Net Income

-$21.7M

Previous: -$5.24M-314.4%
Operating Income

-$19.6M

Previous: -$4.94M-295.8%
Gross Profit

-$6.49M

Previous: -$1.22M-432.3%
Cash & Equivalents

$4.24M

Previous: $32.6M-87.0%
Total Assets

$53.2M

Previous: $62.1M-14.4%
Stock-Based Comp

$5.3M

Previous: $220K+2312.7%

Revenue & EPS history

LMFA · Revenue · Quarterly

$1.12M

Q4 2022+238.1%vs Q4 2021
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

LMFA · $2.11M total across 3 segments · Q1 2026

  • Digital mining
    $1.98M
  • Specialty finance
    $108K
  • Rental revenue
    $23.1K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+10.7%

Avg return

Earnings day

-2.6%

Avg return

5 days after

-5.1%

Avg return

30 days after

45%

19 / 42 earnings

Positive

+506.6%

Q2 2017

Best reaction

-100.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.8%
Q3 2025-13.0%-24.9%-28.3%
Q2 2025+1.3%-40.8%-46.6%
Q1 2025-4.2%+4.8%-0.6%
Q4 2024-6.8%-10.5%+12.0%
Q3 2024-22.1%-20.6%-20.3%
Q2 2024-4.2%-3.6%-13.4%
Q1 2024+26.7%+38.6%+130.1%
Q4 2023-12.0%-11.2%-34.8%
Q4 2025-4.0%-6.4%-11.4%
Q3 2023-17.5%-22.3%-20.5%
Q2 2023-10.2%-17.0%-20.9%
Q1 2023+7.6%+0.9%-7.1%
Q4 2022+7.2%+5.6%+4.8%
Q3 2022-4.3%-2.9%-10.4%
Q2 2022+23.1%+5.6%+9.3%
Q1 2022+4.1%+1.7%-27.0%
Q4 2021-0.3%-3.3%-22.6%
Q3 2021-6.3%-6.5%-12.1%
Q2 2021+7.6%+4.0%-0.6%
Q1 2021+10.2%+9.4%-75.4%
Q4 2020+3.9%+2.4%-13.4%
Q3 2020+3.8%+9.6%+10.6%
Q2 2020-19.6%-52.4%-63.4%
Q1 2020+7.0%+28.2%+77.6%
Q4 2019+29.9%+24.8%+56.4%
Q3 2019-0.1%-4.9%-1.2%
Q2 2019-9.0%-9.0%-9.7%
Q1 2019-3.7%-3.0%-7.5%
Q4 2018-0.7%+1.5%-10.7%
Q3 2018-12.7%-19.5%-29.5%
Q2 2018+19.7%+3.8%+34.6%
Q1 2018-0.8%+0.3%-9.0%
Q4 2017+5.8%-1.3%-4.2%
Q3 2017+35.5%+15.7%+24.5%
Q2 2017+506.6%+5.3%-26.6%
Q1 2017+0.3%+6.6%-2.4%
Q4 2016-0.3%+2.3%+2.6%
Q3 2016-100.0%-17.8%-39.1%
Q2 2016+4.4%+4.1%+5.4%
Q1 2016+7.7%
Q4 2015-0.5%
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro