newsfilter
← Latest News
GlobeNewswire·

LM Funding America, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results

  • LM Funding America reported Q4 2025 revenue of $2.4 million, a 8.7% sequential increase & 19.2% year-over-year rise.
  • The company mined 22.0 Bitcoin in Q4 2025 at an average price of $99,700, compared to 17.6 Bitcoin at $114,000 in Q3 2025.
  • Q4 2025 mining margin was 25%, down from 49% in Q3 2025, driven by lower Bitcoin prices & reduced curtailment/energy sales.
  • Net loss for Q4 2025 was $17.9 million, primarily due to $7.8 million in non-cash Bitcoin fair value impacts & a $5.4 million impairment loss on mining equipment.
  • Cash balance stood at approximately $1.4 million as of December 31, 2025, with total Bitcoin holdings of 356.4.
  • As of February 28, 2026, the company held 354.7 Bitcoin, including 174 Bitcoin held by Galaxy Digital valued at approximately $23.8 million.
  • Operational expansion included energizing BC40 immersion-cooled units in Oklahoma, bringing total energized hashrate to approximately 782 PH/s by February 2026.
  • Bitcoin holdings more than doubled in 2025, growing from approximately 150 to 356.4 Bitcoin, including acquisitions in August & December 2025.
  • The company repurchased over 3.3 million shares & 7.2 million warrants in 2025 to reduce dilution & enhance per-share value.
  • Full-year 2025 revenue was approximately $8.8 million, with total assets reaching $51.3 million.
  • The Mississippi facility became fully operational in October 2025, contributing to higher mining uptime & production capacity.
  • Management stated focus for 2026 is shifting from foundation building to scaling production, improving efficiency, & increasing Bitcoin per share.
  • Consolidated balance sheet shows total assets of $51.3 million & total liabilities of $22.4 million as of December 31, 2025.
  • Core EBITDA loss for Q4 2025 was $9.3 million, compared to Core EBITDA of $3.8 million in Q4 2024.