earnings
confidence high
sentiment neutral
materiality 0.60
LMFA Q1 2025 revenue $2.4M, net loss $5.4M; mined 24.3 BTC, mining margin 38.5%
LM FUNDING AMERICA, INC.
2025-Q1 EPS reported
-$1.05
revenue$2,371,337
- Revenue $2.4M, up 19.4% sequentially, down 48.9% YoY; Bitcoin mining revenue $2.3M, up 25.3% sequentially.
- Net loss $5.4M and Core EBITDA loss $2.8M, driven by $1.8M non-cash Bitcoin fair-value write-down.
- Mined 24.3 Bitcoin at avg ~$93,500; held 160.2 BTC (Mar 31) and 148.7 BTC (~$15.5M) as of Apr 30.
- Mining margin improved to 38.5% from 31.2% Q4, aided by $150k curtailment/energy sales; April added ~$115k.
- Operating expenses cut 7.7% YoY to $2.0M; Oklahoma 2 MW immersion-cooling expansion targeted for Q3 2025.