LM Funding America, Inc. (LMFA) financial statements (2021 and earlier)

Company profile

Business Address 302 KNIGHTS RUN AVENUE
TAMPA, FL 33602
State of Incorp. DE
Fiscal Year End December 31
SIC 6199 - Finance Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3,5215902,2688,998
Cash and cash equivalents 3,5215902,2688,998
Total current assets: 3,5215902,2688,998
Noncurrent Assets
Property, plant and equipment 3470110159
Regulated entity, other noncurrent assets   99 
Total noncurrent assets: 3470209159
Other undisclosed assets 2,5051,3087,5375,456
TOTAL ASSETS: 6,0601,96810,01514,612
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities 2511,0715,8458,348
Total liabilities: 2511,0715,8458,348
Stockholders' equity
Stockholders' equity attributable to parent 5,8098974,1696,264
Common stock 3633
Additional paid in capital 17,29511,9086,5576,281
Accumulated deficit (11,490)(11,018)(2,391)(20)
Total stockholders' equity: 5,8098974,1696,264
TOTAL LIABILITIES AND EQUITY: 6,0601,96810,01514,612

Income statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 3,3904,3924,9006,961
Cost of revenue (1)(141)(3,220)(1,288)
Cost of goods and services sold   (3,220)(1,288)
Provision for loan, lease, and other losses (1)
Financial services costs(141)  
Gross profit: 3,3894,2511,6805,672
Operating expenses (3,802)(7,864)(7,987)(4,518)
Other undisclosed operating income 11413,2201,288
Operating income (loss): (412)(3,472)(3,087)2,442
Nonoperating expense
(Other Nonoperating expense)
 (60)(1,724)  
Interest and debt expense (465)(605)(595)(717)
Income (loss) from continuing operations before equity method investments, income taxes: (937)(5,800)(3,681)1,725
Other undisclosed income from continuing operations before income taxes 465605  
Income (loss) from continuing operations before income taxes: (472)(5,196)(3,681)1,725
Income tax expense (benefit) (417)(3,432)1,311147
Income (loss) before gain (loss) on sale of properties: (889)(8,627)(2,370)1,872
Other undisclosed net income 417   
Net income (loss): (472)(8,627)(2,370)1,872
Net loss attributable to noncontrolling interest    (140)
Net income (loss) attributable to parent: (472)(8,627)(2,370)1,732
Other undisclosed net loss available to common stockholders, basic    (1,712)
Net income (loss) available to common stockholders, diluted: (472)(8,627)(2,370)20

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (472)(8,627)(2,370)1,872
Comprehensive income (loss): (472)(8,627)(2,370)1,872
Comprehensive loss, net of tax, attributable to noncontrolling interest    (140)
Comprehensive income (loss), net of tax, attributable to parent: (472)(8,627)(2,370)1,732

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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