---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-042087"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T11:26:22.869082+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LM Funding Q2 2023 revenue $3.2M (+1260% YoY); core EBITDA $1.0M; mined 106.6 Bitcoin

## Summary
- Revenue $3.2M vs $0.2M YoY; net loss $4.5M includes $3.7M non-cash loss on investments.
- Core EBITDA (non-GAAP) $1.0M vs loss of $2.0M in Q2 2022.
- Mined 106.6 Bitcoin in Q2; ~5,950 miners operating as of Aug 14 providing 615 PH/s.
- Completed $2.6M stalking-horse acquisition of Symbiont.io assets, including Assembly blockchain platform.
- Working capital $5.5M; stockholders' equity $39.9M ($2.72/share); cash $1.8M + 79 Bitcoin valued at $2.0M.

## SEC filing metadata
- accession: 0000950170-23-042087
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000095017023042087/0000950170-23-042087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000095017023042087/lmfa-20230814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-042087
- JSON: https://secwatch.observer/filing/0000950170-23-042087.json
- Plain text: https://secwatch.observer/filing/0000950170-23-042087.txt

## Key facts
- Earnings Releases
  LM FUNDING AMERICA, INC. reported the Three and Six Months ended June 30, 2023 results: revenue approximately $3.2 million, net income approximately $4.5 million.
  - Period: the Three and Six Months ended June 30, 2023
  - Revenue: approximately $3.2 million
  - Net income: approximately $4.5 million
  - Result: reported results
  source text: Total revenue for the quarter ended June 30, 2023, was approximately $3.2 million, an increase of $3.0 million, or more than 1,260%, from $0.2 million for the 2022 second quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640384/000095017023042087/0000950170-23-042087-index.htm

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