LM Funding America (NASDAQ:LMFA) Posts Earnings Results, Misses Expectations By $0.01 EPS

LM Funding America (NASDAQ:LMFA) released its quarterly earnings data on Monday. The financial services provider reported ($1.68) EPS for the quarter, missing the consensus estimate of ($1.67) by ($0.01), Zacks reports. The company had revenue of $1.99 million during the quarter, compared to analyst estimates of $1.50 million. LM Funding America had a negative net margin of 96.23% and a negative return on equity of 35.84%.

LM Funding America Stock Performance

Shares of LMFA opened at $1.28 on Tuesday. The company has a market cap of $6.55 million, a PE ratio of -0.26 and a beta of 1.55. The firm has a 50-day moving average of $1.67 and a 200-day moving average of $2.30. LM Funding America has a one year low of $1.20 and a one year high of $6.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.65 and a quick ratio of 3.65.

LM Funding America Company Profile

LM Funding America, Inc operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. The company was founded in 2008 and is based in Tampa, Florida.