LM Funding America, Inc. (LMFA) Q2 2024 Earnings Call Transcript Summary
LM Funding America, Inc. (LMFA) Q2 2024 Earnings Call Transcript Summary
The following is a summary of the LM Funding America, Inc. (LMFA) Q2 2024 Earnings Call Transcript:
以下是Lm Funding America, Inc.(LMFA)2024年第二季度业绩会议呼叫记录摘要:
Financial Performance:
金融业绩:
LM Funding reported a decrease in total revenue for Q2 2024 by $184,000 year-over-year, totaling approximately $3 million.
The company experienced a net loss attributable to shareholders of approximately $6.1 million, including a $1.9 million unrealized loss on securities.
Core EBITDA for Q2 2024 resulted in a loss of $2.2 million compared to almost breakeven in Q2 of 2023.
Lm Funding报告Q2 2024年总收入同比下降184,000美元,约为300万美元。
该公司经历了归属于股东的净损失,约为610万美元,其中包括190万美元的证券未实现损失。
Q2 2024年核心EBITDA亏损220万美元,相比之下,2020年第二季度接近保持不变。
Business Progress:
业务进展:
LM Funding mined 44.1 Bitcoins in Q2 2024, generating $2.9 million in revenue.
The company announced a strategic acquisition of a mining site in Texas with the potential to expand to 72 megawatts.
Formed a strategic partnership with Arthur Mining to establish a new 15-megawatt hosting facility and is considering a new 60-megawatt site adjacent to the existing Oklahoma facility.
Lm Funding于2024年第二季度挖掘了44.1个比特币,营业收入为290万美元。
公司宣布收购德州的一个采矿场,有扩展到72兆瓦的潜力。
与Arthur Mining建立了战略合作伙伴关系,建立了一个新的15兆瓦托管设施,并考虑在现有的俄克拉荷马设施旁边建立一个新的60兆瓦场地。
Opportunities:
机会:
The company is leveraging Bitcoin holdings to finance the acquisition of market-priced power for mining or resale to the grid.
The established partnership with Arthur Mining allows LM Funding to minimize operational integration risks and focus on core competencies, promoting growth and profitability.
Pending legislative changes requiring fully funded building maintenance reserves represent an opportunity for growth in their legacy business, particularly in collections for condominium associations.
公司利用比特币持有来为采矿或向电网转售市价电力进行融资。
与Arthur Mining建立的合作关系使Lm Funding能够最小化运营整合风险,专注于核心能力,促进增长和盈利能力。
即将推出的法规变化要求提供充分的维修基金代表着他们旧版业务的增长机会,特别是向公寓协会的征收。
Risks:
风险:
The ongoing transition of Bitcoin miners and infrastructure modifications introduces operational risks that could impact profitability and efficiency.
比特币矿工的持续转型和基础设施改造引入了可能影响盈利能力和效率的操作风险。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。