---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-011154"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:57:18.688201+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LM Funding reports 2022 revenue up 93% to $1.7M; Bitcoin mining pivot underway

## Summary
- Full-year 2022 revenue $1.7M vs $0.9M in 2021; mined 51 Bitcoins in Q4 2022.
- 2,800 mining machines operational at year-end with 280 PH/s; targeting 600 PH/s by June 2023.
- Working capital $8.3M, stockholders' equity $49.2M ($3.76/share) as of Dec 31, 2022.
- Cash $4.2M and digital assets $0.9M on balance sheet at year-end 2022.

## SEC filing metadata
- accession: 0000950170-23-011154
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000095017023011154/0000950170-23-011154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000095017023011154/lmfa-20230331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-011154
- JSON: https://secwatch.observer/filing/0000950170-23-011154.json
- Plain text: https://secwatch.observer/filing/0000950170-23-011154.txt

## Key facts
- Earnings Releases
  LM FUNDING AMERICA, INC. reported the year ended December 31, 2022 results: revenue $1.7 million.
  - Period: the year ended December 31, 2022
  - Revenue: $1.7 million
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640384/000095017023011154/0000950170-23-011154-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.