Company LM Funding America, Inc.

Equities

LMFA

US5020745031

Consumer Lending

Real-time Estimate Cboe BZX 10:29:59 2024-04-23 am EDT 5-day change 1st Jan Change
2.92 USD +6.18% Intraday chart for LM Funding America, Inc. +21.72% -19.71%

Business Summary

LM Funding America, Inc. together with its subsidiaries, is a cryptocurrency mining and technology-based specialty finance company. Its segments include Specialty Finance and Mining Operations. It offers funding to nonprofit community associations (Associations) primarily located in the state of Florida. It provides incorporated nonprofit community associations. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. In addition to its original product offering, the Company also purchase accounts on varying terms to suit each Association’s financial needs, including under its New Neighbor Guaranty program. Under New Neighbor Guaranty program, an Association assigns substantially all of its outstanding indebtedness and accruals on its delinquent units to the Company in exchange for payment of monthly dues on each delinquent unit.

Number of employees: 8

Sales per Business

USD in Million2022Weight2023Weight Delta
Specialty Finance
100.0 %
2 100.0 % 13 100.0 % +648.82%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
2 100.0 % 13 100.0 % +648.82%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 15-10-21
Founder 61 08-01-13
Director of Finance/CFO 63 15-12-31
Chief Operating Officer 39 15-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 15-10-21
Director/Board Member 66 18-08-29
Chief Executive Officer 60 15-10-21
Founder 61 08-01-13
Director/Board Member 59 15-10-21
Founder 60 08-01-13
Director/Board Member 40 22-11-15

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,492,964 2,118,965 ( 85.00 %) 0 85.00 %

Shareholders

NameEquities%Valuation
Bruce Bent
5.999 %
146,487 5.999 % 536 142 $
Heights Capital Management, Inc.
5.520 %
134,804 5.520 % 493 383 $
123,911 5.074 % 453 514 $
112,547 4.609 % 411 922 $
Geode Capital Management LLC
1.438 %
35,121 1.438 % 128 543 $
Ryan Duran
0.8935 %
21,818 0.8935 % 79 854 $
17,259 0.7068 % 63 168 $
Vanguard Group, Inc. (Subfiler)
0.6759 %
16,505 0.6759 % 60 408 $
CGR63 LLC
0.6312 %
15,415 0.6312 % 56 419 $
Two Sigma Securities LLC
0.4873 %
11,899 0.4873 % 43 550 $

Holdings

NameEquities%Valuation
2,587,500 3.97% 1,899,225 $

Company contact information

LM Funding America, Inc.

1200 West Platt Street Suite 1000

33606, Tampa

+813-222-8996

http://www.lmfunding.com
address LM Funding America, Inc.(LMFA)
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