LM Funding America (NASDAQ:LMFA) Announces Quarterly Earnings Results, Misses Estimates By $0.16 EPS

LM Funding America (NASDAQ:LMFA) announced its earnings results on Friday. The financial services provider reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.16), FiscalAI reports. LM Funding America had a negative net margin of 304.39% and a negative return on equity of 80.72%. The firm had revenue of $2.11 million for the quarter, compared to the consensus estimate of $3.00 million.

Here are the key takeaways from LM Funding America’s conference call:

• LM Funding said it mined 26.1 Bitcoin in Q1 2026, up 19% sequentially, as energized hash rate reached a company-record 790 petahash and March output hit a record 9.6 Bitcoin.
• Revenue was about $2.1 million, down year over year due to a lower Bitcoin price, while mining margin held relatively steady at 24.1% helped by curtailment and energy sales.
• The company reported a $10.1 million net loss and an $8.4 million core EBITDA loss, driven largely by a $7 million non-cash fair value adjustment tied to the decline in Bitcoin prices during the quarter.
• Management emphasized that the company’s Bitcoin treasury recovered significantly after quarter-end, rising to an estimated $27.3 million by May 11, while also noting the shares still trade at a discount to the value of its Bitcoin holdings.
• LM Funding extended the maturity of its Galaxy Digital facility to June 26, 2026, giving it more flexibility as it evaluates settlement options and future capital structure moves.

LM Funding America Stock Performance

LM Funding America stock traded down $0.02 during mid-day trading on Friday, hitting $0.23. The company’s stock had a trading volume of 450,442 shares, compared to its average volume of 499,648. The firm’s 50 day moving average is $0.29 and its 200 day moving average is $0.51. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.07. LM Funding America has a 52-week low of $0.18 and a 52-week high of $5.14.

Institutional Investors Weigh In On LM Funding America

Several hedge funds have recently bought and sold shares of LMFA. XTX Topco Ltd purchased a new stake in LM Funding America in the 2nd quarter worth about $54,000. Jane Street Group LLC lifted its stake in LM Funding America by 782.6% in the 4th quarter. Jane Street Group LLC now owns 124,390 shares of the financial services provider’s stock worth $55,000 after acquiring an additional 110,297 shares in the last quarter. Two Sigma Investments LP purchased a new stake in LM Funding America in the 3rd quarter worth about $100,000. Citadel Advisors LLC purchased a new stake in LM Funding America in the 3rd quarter worth about $139,000. Finally, Armistice Capital LLC lifted its stake in LM Funding America by 40.5% in the 4th quarter. Armistice Capital LLC now owns 527,611 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 152,171 shares in the last quarter. 22.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of LM Funding America in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, LM Funding America has an average rating of “Hold” and an average target price of $5.00.

LM Funding America Company Profile

LM Funding America, Inc, headquartered in Miami, Florida, is a specialty finance company that provides retail installment contracts to subprime borrowers. The company originates, acquires, and manages motor vehicle retail financing through a network of franchised and independent automobile dealerships across the United States. LM Funding America holds and services its loan portfolio through its wholly owned subsidiary, LM Funding America Service Corp., and offers floorplan financing to new and used vehicle dealers through LM Funding Floorplan LLC.

Established in 2013, LM Funding America completed its initial public offering on the Nasdaq Stock Market in 2015, enabling the company to expand its lending operations and geographic presence.