LM Funding America Inc Dossier
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SectorFinancials IndustryDiversified Capital Markets Beta (adjusted)1.97 Intrinsic Value Insufficient data for a value estimateNot enough reliable inputs to publish a fair value for this company yet. Market Price $2.60Price as of 21 Jul 2026 Data confidenceNot applicable Market Cap $2.4M Enterprise Value $20.6M Shares Outstanding 934.7K diluted Next Earnings Date13 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary LM Funding America, Inc. (LMFA) has successfully transitioned its core business model from legacy specialty finance to a vertically integrated Bitcoin mining and treasury operation. While the company has achieved a record energized hashrate of 790 PH/s and increased its Bitcoin production, its financial performance remains highly volatile and heavily dependent on Bitcoin market prices. The widening net losses driven by non-cash fair value adjustments, combined with a tight cash position and Nasdaq listing compliance challenges, warrant a cautious 'Hold' stance until the company demonstrates sustainable cash flow generation and resolves its listing deficiencies. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$25.00 Mean target$25.00 High · most bullish analyst$25.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 20 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $0.0520% A prolonged downturn in Bitcoin prices triggers further negative fair value adjustments and impairs the value of the company's treasury. Tight liquidity and inability to extend or refinance the Galaxy Digital loan facility force the liquidation of pledged Bitcoin collateral. Dilution from warrant exercises and failure to maintain Nasdaq listing compliance lead to a severe decline in share value. Base CaseCentral scenario $0.2550% Bitcoin prices remain volatile but stable, keeping mining margins around the 24-25% range. The company continues to face non-cash fair value fluctuations on its digital assets. LMFA executes a reverse stock split to maintain its Nasdaq listing, and continues to operate its expanded mining fleet with modest revenue growth. Bull CaseUpside scenario $1.0030% A sustained rally in Bitcoin prices significantly increases the value of LMFA's 338.2 BTC treasury and improves its mining margins. Successful execution of fleet upgrades and expansion of low-cost power sites in Oklahoma and Mississippi drive higher operational efficiency, allowing the company to achieve profitability and organic capital growth. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |