formed in january 2008, lm funding is a financial services company that provides principal secured funding to condominium associations facing the ramifications of delinquent association dues. we are real estate and legal professionals with over 50 years and more than $1 billion of investment and transactional experience. we believe that condo associations and their owners shouldn’t have to take on the financial responsibility of delinquency and the hassle of collection. that’s why we “buy problems.” before lm funding, condo association owners would have to hire attorneys to collect bad debt. we’re changing that, with a unique business idea that turns debt into instant cash—freeing condo associations from the burden of collection and allowing them to continue to maintain their operations. lm funding’s accumulated delinquent assessment balance is now in excess of $90 million. that is a lot of problems that we’ve bought, and we want more!
Company profile
Ticker
LMFA
Exchange
Website
CEO
Bruce Rodgers
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
LM Funding, LLC • LMF October 2010 Fund, LLC • REO Holdings • LM Funding of Colorado, LLC • LM Funding of Washington, LLC • LMF SPE#2, LLC • LM Funding of Illinois, LLC • LM Financial Partners, LLC • Central Florida Office Ventures, LLC • Data Investigative Services, LLC ...
LMFA stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
9 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
LM Funding America Achieves Over 648% Revenue Growth to $13.0 Million for 2023
1 Apr 24
8-K
Other Events
27 Mar 24
8-K
Results of Operations and Financial Condition
11 Mar 24
8-K
Material Modifications to Rights of Security Holders
8 Mar 24
8-K
Results of Operations and Financial Condition
15 Feb 24
8-K
Regulation FD Disclosure
18 Jan 24
8-K
Reports Increase in Bitcoin Holdings to 95.1 BTC valued at $4.0 Million at Year End
18 Jan 24
8-K
Entry into a Material Definitive Agreement
28 Dec 23
Latest ownership filings
Financial summary
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Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 2 |
Reduced positions | 4 |
13F shares | Current |
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Total value | 226.87 mm |
Total shares | 7.26 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Bayfield Equity Partners | 1.05 mm | $6.41 mm |
Eva Pacific PTY | 1.05 mm | $6.41 mm |
Mint Capital Advisors | 1.04 mm | $6.34 mm |
Agn | 1.02 mm | $6.20 mm |
L1 Capital Global Opportunities Master Fund | 955.00 k | $640.00 k |
Caravel CAD Fund | 900.00 k | $4.37 mm |
CVI Investments | 808.82 k | $542.00 k |
Geode Capital Management | 207.63 k | $101.36 mm |
Vanguard | 99.03 k | $48.33 mm |
Commonwealth Equity Services | 29.23 k | $14.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Apr 24 | Ryan H Duran | Common Stock | Sell | Dispose S | No | Yes | 3.27 | 500 | 1.64 k | 21,818 |
27 Mar 24 | Ryan H Duran | Common Stock | Sell | Dispose S | No | Yes | 2.9218 | 500 | 1.46 k | 22,318 |
13 Mar 24 | Ryan H Duran | Common Stock | Sell | Dispose S | No | Yes | 3.26 | 500 | 1.63 k | 22,818 |
28 Feb 24 | Ryan H Duran | Common Stock | Sell | Dispose S | No | Yes | 0.566 | 3,000 | 1.70 k | 139,907 |
14 Feb 24 | Ryan H Duran | Common Stock | Sell | Dispose S | No | Yes | 0.52 | 3,000 | 1.56 k | 142,907 |
News
HC Wainwright & Co. Reiterates Neutral on LM Funding America
3 Apr 24
Earnings Scheduled For April 1, 2024
1 Apr 24
LM Funding America, Inc. Provides Monthly Operational Update And Announces 26.8 Bitcoin Mined In February
11 Mar 24
Why The Trade Desk Shares Are Trading Higher By Around 19%; Here Are 20 Stocks Moving Premarket
16 Feb 24
Press releases
LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended March 31, 2024
9 Apr 24
LM Funding Regains Compliance with Nasdaq Continued Listing Requirements
27 Mar 24
LM Funding America, Inc. Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call
25 Mar 24
LM Funding to Take Early Delivery of 300 S21 Bitmain Mining Machines in Advance of 2024 Bitcoin Halving Event
15 Mar 24
LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended February 29, 2024
11 Mar 24