LM Funding America (NASDAQ:LMFA) Issues Quarterly Earnings Results

LM Funding America (NASDAQ:LMFA) issued its quarterly earnings data on Monday. The financial services provider reported ($1.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.67) by ($0.01), Zacks reports. LM Funding America had a negative net margin of 96.23% and a negative return on equity of 35.84%.

LM Funding America Trading Down 8.9 %

Shares of NASDAQ:LMFA opened at $1.33 on Monday. The company has a market capitalization of $6.83 million, a PE ratio of -0.27 and a beta of 1.55. LM Funding America has a 12-month low of $1.20 and a 12-month high of $6.11. The business has a 50 day moving average of $1.69 and a two-hundred day moving average of $2.31. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.17.

About LM Funding America

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.