Lm Funding America Inc (LMFA) Directors and Executive Officers

Officers & Directors

Bruce M. Rodgers
Chief Executive Officer and Chairman of the Board of Directors (Principal Executive Officer)

Frederick Mills
Member of the Board of Directors

Andrew Graham
Member of the Board of Directors

Douglas McCree
Member of the Board of Directors

Todd Zhang
Member of the Board of Directors

Frank Silcox
Member of the Board of Directors

Carollinn Gould
Member of the Board of Directors

Richard Russell
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) ,

Lm Funding America Inc currently has 16 employees.

News about Lm Funding America Inc Key Personnel

LM Funding America, Inc. Navigates Financial Turbulence with $7.3 Million Acquisition of Oklahoma Mining Facility, Bitcoin Holdings Valued at $13.3 Million,

LM Funding America, Inc.: A Strategic Play in Cryptocurrency Amid Financial ChallengesIn its latest monthly update, LM Funding America, Inc. (NASDAQ: LMFA), a specialty finance company focused on cryptocurrency mining and technology, announced significant developments regarding its Bitcoin holdings and operational status. The preliminary, unaudited update reveals that LM Funding s Bitcoin holdings are valued at approximately $13.3 million as of October 31, 2024. However, the company is navigating a challenging financial landscape. For the 12 months ending in the third quarter of 2024, LM Funding America reported a cumulative net loss of $14 million, representing a troubling negative return on equity (ROE) of...

Struggles in the Blockchain: LM Funding America’s Rocky Path in Bitcoin Mining

In the ever-evolving world of cryptocurrency, companies like LM Funding America, Inc. are grappling with significant challenges that reflect the broader struggles within the sector. Based in Tampa, Florida, this specialty finance company focuses on cryptocurrency mining and technology. However, recent financial disclosures paint a troubling picture of the company s performance as it navigates the treacherous waters of Bitcoin valuation and operational efficacy.As of August 31, 2024, LM Funding America reported holding 135.7 Bitcoins, valued at approximately $8.7 million. While this figure may seem promising at a glance, it is crucial to delve deeper. The company s share price has plummeted by 45.27% in the t...