---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-108425"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:14:11.384642+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LM Funding Q2 net income $0.1M, mining margin 41%; signs $3.9M Mississippi site acquisition

## Summary
- Q2 revenue $1.9M, down 18.7% sequentially and 36% YoY; mined 18.4 BTC down 24.3% sequentially.
- GAAP net income $0.1M vs Q1 net loss $5.4M; Core EBITDA $2.6M driven by $3.8M gain on Bitcoin.
- Direct mining margin improved to 41.0% (Q1: 38.5%) on power sales and operational efficiencies.
- Held 150.4 BTC on July 31 valued at ~$18M (Aug 11 price); cash $0.4M as of June 30.
- Signed definitive agreement to acquire 11 MW Mississippi site from Greenidge for $3.9M cash; closing targeted by Sep 16, 2025.

## SEC filing metadata
- accession: 0000950170-25-108425
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2025-08-14T23:59:59+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/1640384/000095017025108425/0000950170-25-108425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000095017025108425/lmfa-20250814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-108425
- JSON: https://secwatch.observer/filing/0000950170-25-108425.json
- Plain text: https://secwatch.observer/filing/0000950170-25-108425.txt

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