earnings
confidence high
sentiment negative
materiality 0.70
PowerCompute Q2 2026: Revenue $2.1M (+9.8% YoY), Net Loss $4.6M, Refinances $18M Debt at 2% APR
LM FUNDING AMERICA, INC.
- Q2 revenue $2.1M, up 9.8% YoY; mined 27.9 BTC at avg $72k vs 26.1 BTC in Q1.
- Net loss $4.6M and Core EBITDA loss $2.8M vs Q2 2025 net income $0.1M and EBITDA income $2.6M.
- Refinanced $18M debt with Arch Lending at ~2% APR (30-day revolving, BTC collateral) vs 12% prior.
- Entered HPC/AI with Vast.ai proof-of-concept; rebranded to PowerCompute, ticker PWCM from July 22, 2026.
- Holdings: 318.6 BTC (~$18.6M at 6/30; ~$20.7M at 8/9/26); cash $0.9M.