Lm Funding America, Inc.  (LMFA)
Other Ticker:  
Price: $0.8245 $-0.02 -1.834%
Day's High: $0.8345 Week Perf: -1.38 %
Day's Low: $ 0.79 30 Day Perf: -4.13 %
Volume (M): 26 52 Wk High: $ 3.10
Volume (M$): $ 21 52 Wk Avg: $1.17
Open: $0.80 52 Wk Low: $0.75

 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 3
 Employees 22
 Revenues (TTM) (Millions $) 3
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 0

Lm Funding America, Inc.

We are a specialty finance company that provides funding to nonprofit community associations primarily located in the state of Florida and, to a lesser extent, nonprofit community associations in the states of Washington and Colorado. We also began operations in Illinois, which is the fourth-largest assessment market in the United States for community associations. We offer incorporated nonprofit community associations, which we refer to as “Associations,” a variety of financial products customized to each Association’s financial needs. Our original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. Historically, we provided funding against such delinquent accounts, which we refer to as “Accounts,” in exchange for a portion of the proceeds collected by the Associations from the account debtors on the Accounts. More recently, we have started purchasing Accounts on varying terms tailored to suit each Association’s financial needs, including under our New Neighbor Guaranty™ program. We believe that revenues from the New Neighbor Guaranty program, as well as other similar products we may develop in the future, will comprise an increasingly larger piece of our business during the next few years, and we intend to seek to leverage these products to expand our business activities and growth in the states in which we operate.

   Company Address: 1200 West Platt Street Tampa 33606 FL
   Company Phone Number: 222-8996   Stock Exchange / Ticker: LMFA
   LMFA is expected to report next financial results on February 21, 2020.

Lm Funding America's Segments

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