NASDAQ$LMFA

LM Funding America Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

LM Funding reported a return to profitability in Q4 2024 driven by gains in Bitcoin valuation and cost controls.

LM Funding achieved net income of $2.0 million in Q4 2024, a strong turnaround from a $1.6 million loss in Q4 2023. The company generated $2.0 million in revenue mainly from Bitcoin mining and improved operational efficiency, resulting in Core EBITDA of $3.3 million.

  • Generated $2.0 million in total revenue for Q4 2024.
  • Achieved net income of $2.0 million compared to a $1.6 million loss in Q4 2023.
  • Core EBITDA reached $3.3 million versus $0.3 million the prior year.
  • Held 150.2 Bitcoin valued at $14.0 million as of December 31, 2024.

Headline financials

Total Revenue

$1.99M

Previous: $4.06M-51.0%
EPS (adj)

-$0.86

Previous: -$0.67-28.4%
Core EBITDA Loss

$3.32M

No prior period
Net Book Value Per Share

$7.21

No prior period
Bitcoins held

150.2

No prior period
Capital Expenditures

-$504K

Previous: $288K-275.0%
Net Income

$1.97M

Previous: -$1.6M+222.9%
Operating Income

$2.18M

Previous: -$1.78M+222.1%

Revenue & EPS history

LMFA · Revenue · Quarterly

$1.99M

Q4 2024-51%vs Q4 2023
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

Forward guidance

LM Funding aims to increase mining efficiency and margins by leveraging vertically integrated infrastructure and strategic site acquisitions.

Tailwinds

  • Transition to vertically integrated mining model
  • Low-cost electricity secured at new Oklahoma facility
  • Mining fleet upgrade with LuxOS to improve efficiency
  • Lean operations and disciplined capital deployment
  • Growth in Bitcoin holdings enhancing balance sheet

Headwinds

  • Impact of April 2024 Bitcoin halving on revenue
  • Continued reliance on volatile cryptocurrency market
  • High depreciation and impairment charges
  • Negative free cash flow in the quarter
  • Unrealized losses on investment and equity securities

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 2024

Historical avgQ4 2024

+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

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