For the year ending 2025-12-31, LMFA made $8,844,733 in revenue. -$28,499,217 in net income. Net profit margin of -322.22%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 8,844,733 | 10,999,648 | ||
| Digital mining cost of revenues (exclusive of depreciation and amortization shown below) | 5,792,433 | 6,990,856 | ||
| Curtailment and energy sales | -658,048 | - | ||
| Staff costs and payroll | 6,210,804 | 4,556,781 | ||
| Depreciation and amortization | 8,171,570 | 7,774,161 | ||
| Loss (gain) on fair value of bitcoin, net | -1,808,174 | 7,350,805 | ||
| Impairment loss on mining equipment | 5,391,857 | 1,379,375 | ||
| Professional fees | 1,640,569 | 2,057,165 | ||
| Selling, general and administrative | 1,582,568 | 817,041 | ||
| Real estate management and disposal | 115,040 | 159,913 | ||
| Collection costs | 41,843 | 41,043 | ||
| Settlement costs with associations | 3,693 | - | ||
| Loss on disposal of assets | -501,800 | -136,100 | ||
| Other operating costs | 1,127,317 | 899,569 | ||
| Total operating costs and expenses | 31,729,620 | 17,461,199 | ||
| Operating loss | -22,884,887 | -6,461,551 | ||
| Unrealized gain on marketable securities | 10,330 | 9,190 | ||
| Impairment loss on prepaid machine deposits | 4,885 | 12,941 | ||
| Unrealized loss on investment and equity securities | -179,972 | -1,097,433 | ||
| Unrealized gain on galaxy loan derivative | 285,160 | - | ||
| Gain (loss) on fair value of purchased bitcoin, net | -52,704 | 39,197 | ||
| Loss on fair value of digital assets receivable | -3,017,485 | - | ||
| Credit loss on digital assets receivable | -9,187 | - | ||
| Other income - coupon sales | 0 | 4,490 | ||
| Interest expense | 1,124,685 | 443,700 | ||
| Interest income | 3,124 | 307,316 | ||
| Loss before income taxes | -26,975,191 | -7,655,432 | ||
| Income tax expense | 0 | 0 | ||
| Net loss | -26,975,191 | -7,655,432 | ||
| Less loss attributable to non-controlling interest | -54,994 | -340,056 | ||
| Net loss attributable to lm funding america inc | -26,920,197 | -7,315,376 | ||
| Less deemed dividends (note 9) | 1,579,020 | 6,794,924 | ||
| Net loss attributable to common shareholders | -28,499,217 | -14,110,300 | ||
| Basic EPS | -3.28 | -5.02 | ||
| Diluted EPS | -3.28 | -5.02 | ||
| Basic Average Shares | 8,700,377 | 2,808,064 | ||
| Diluted Average Shares | 8,700,377 | 2,808,064 | ||
LM FUNDING AMERICA, INC. (LMFA)
LM FUNDING AMERICA, INC. (LMFA)