Overview

* LM Funding Q3 revenue grows 73.5% yr/yr but misses analyst expectations

* Net loss for Q3 was $3.7 mln, adjusted EBITDA missed analyst expectations

* Company acquired 11 MW Bitcoin mining facility in Mississippi, boosting production

Outlook

* Company anticipates Oklahoma site expansion to energize in December 2025

* LM Funding expects improved Bitcoin production and efficiency from Oklahoma expansion

* Company aims to enhance Bitcoin per share and shareholder value through buybacks

Result Drivers

* MISSISSIPPI ACQUISITION - Acquisition of 11 MW Bitcoin mining facility increased production despite higher curtailment and difficulty rates

* MINING MARGIN IMPROVEMENT - Margin improved to 49% due to eliminating hosting costs, energy sales, and higher fleet efficiency

* BITCOIN TREASURY EXPANSION - Raised $21.3 mln to enhance Bitcoin treasury, strengthening balance sheet and long-term position

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $2.20 $2.50

Revenue mln mln (2

Analysts

)

Q3 EPS -$0.41

Q3 Net -$3.70

Income mln

Q3 Miss -$1.40 -$300,00

Adjusted mln 0 (1

EBITDA Analyst)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"

* Wall Street's median 12-month price target for LM Funding America Inc ( LMFA ) is $4.50, about 75.8% above its November 13 closing price of $1.09

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)