LM FUNDING AMERICA, INC.
LMFANasdaqFinancials · Finance Services · DE · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $8.8M | $11.0M | $13.0M | $1.7M | $898,941 | $1.3M |
| Operating income | −$22.9M | −$6.5M | −$10.1M | −$24.7M | −$8.4M | −$4.1M |
| Net income | −$26.9M | $1.9M | −$15.9M | −$29.2M | $4.8M | −$4.0M |
| Total assets | $51.3M | $40.6M | $37.7M | $53.2M | $62.1M | $12.3M |
| Total liabilities | $22.4M | $8.7M | $2.9M | $2.4M | $1.1M | $849,122 |
| Equity | $30.6M | $37.0M | $36.2M | $49.2M | $60.8M | $11.5M |
| EPS (diluted) | $-3.28 | $-5.02 | $-6.98 | $-13.10 | $0.60 | $-2.49 |
| Shares out. | 5.1M | 2.5M | 13.1M | 13.1M | 27.0M | 3.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −258.7%
- Net margin
- −304.4%
- Return on equity
- −87.9%
- Return on assets
- −52.5%
- Return on capital (ROCE)
- −72.9%
- Liabilities / assets
- 43.7%
- Debt / equity
- 0.73×
- Book value / share
- $5.96
- Revenue growth (YoY)
- −19.6%
- Net income growth (YoY)
- −1487.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -6.99distress
- Accruals / assets
- −25.2%clean
- Piotroski F-Score
- 1/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 18, 2020
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2018
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Armistice Capital, LlcPassive (13G)May 15, 2026
- Anson Funds Management LpPassive (13G)Feb 17, 2026
- Hexstone Capital LlcPassive (13G)Feb 4, 2026
- Intracoastal Capital, LlcPassive (13G)Dec 29, 2025
- Hyperscale Data, Inc.Activist (13D)Nov 21, 2025
- L1 Capital Global Opportunities Master Fund, Ltd.Passive (13G)Nov 14, 2025
- Ayrton Capital LlcPassive (13G)Nov 13, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 450,080 | 1.0 | +50.2% |
| Apr 30, 2026 | 299,628 | 1.0 | -25.9% |
| Apr 15, 2026 | 404,543 | 1.6 | -8.0% |
| Mar 31, 2026 | 439,490 | 1.0 | +9.3% |
| Mar 13, 2026 | 402,151 | 1.0 | -2.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- New financial obligationMay 27, 2026
- Results of operationsMay 15, 2026
- Results of operationsMay 11, 2026
- Results of operationsApr 13, 2026
- New financial obligationApr 9, 2026
- Entered a material agreementMar 27, 2026
- Results of operationsMar 27, 2026
- Results of operationsMar 4, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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