Lm Funding America, Inc. · NASDAQ:LMFA
Lm Funding America — Q1 2026 Earnings Presentation
14 slides from Lm Funding America's earnings presentation, May 15, 2026
Slide 1: First Quarter 2026 Earnings Presentation
An emerging leader in Bitcoin mining First Quarter 2026 Earnings Presentation Nasdaq: LMFA
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended
Slide 3: Company Timeline: Q1'25 to Recent
Company Timeline: Q1’25 to Recent 0.56 EH/s 0.48 EH/s 0.70 EH/s 0.75 EH/s 0.79 EH/s 0.79 EH/s 160.2 BTC 155.5 BTC 304.5 BTC 356.4 BTC 338.2 BTC 334.0 BTC $13.2M $16.7M $34.7M $31.2M $23.1M $25.3M Q1’25 Q2’25 Q3’25 Q4’25 Q1 ’26 Apr ’26 • 0.56 EH/s energized • Exited third-party • Mississippi acquisit
Slide 4: Q1'26 & Recent Operational Highlights
Q1’26 & Recent Operational Highlights Q1’26: • January: Energized second BC40 Elite immersion-cooled unit at Oklahoma • February: Deployed 300 Bitmain S19 XP miners at Oklahoma • March: Reached approximately 790 PH/s of 11 MW site in Mississippi energized hashrate and produced 9.6 Bitcoin in March 2
Slide 5: Q1'26 & Recent Financial Highlights
Q1’26 & Recent Financial Highlights Q1 2026 Revenue • Total revenue of $2.1M, down 10.9% sequentially with $2.0M of Bitcoin mining revenue, down 9.8% sequentially, driven by a meaningfully lower realized Bitcoin price, offset by sequential $2.2M $2.4M increase in Bitcoin produced $2.1M • Mining marg
Slide 6: Balance Sheet
Balance Sheet All amounts as of 3/31/26 $0.8M Cash $23.1M1 BTC Treasury All amounts as of 4/30/26 BTC Treasury2 BTC per Share3 334.0 BTC $25.3M $1.18 Prepaid Expenses and $22.8M Total Current $1.1M Other Assets Assets $5.2M Market Long Term Total Current Cap4 $2.5M Liabilities $20.1M Liabilities 1 B
Slide 7: Differentiated Strategy
Differentiated Strategy • Disciplined, per-share focused growth • M&A targeting 5 – 20 MW sites • Bitcoin mining focused • BTC treasury = $25.3M1 11 MW site in Mississippi 1 Bitcoin treasury of 334.0 BTC valued at $25.3M as of 4/30/26 at a price of approximately $75,800 7
Slide 8: Financials
An emerging leader in Bitcoin mining & specialty finance Financials [email protected]
Slide 9: Balance Sheet
Balance Sheet !"#A%&D() *+A+,-+#&D() !"#$"%"&"'()#*+)(&,-.L,%+'0(1)'23"&4 ./.M ./.8 !""#A%CD(FG+G,-.(G%L(G""MA.L(.NF.%D.D (((((((((((((((((((((2P45SP5T8 (((((((((((((((((((((2P59SP:5S 123"2456+47 9::+6: ;#C.(FG+G,-.(<(D=#MC<C.M>(?;#C.(8@ (((((((((((((((((((((8P545P95A (((((((((((((((((((((5PBB8P42T
Slide 10: Income Statement
Income Statement &i+II%d'.(iM%I.;I;%dF+:i%6ON !"!# !"!A !"#"$B"CD ()G)+I-.L)$)$G.0"#"$B"C 7...................NOP4RONRS 7...................UOU49OPWS ;<"=)I-+>.?)$I$=".0"#"$B" ........................NS4O@A4 ..........................@4O9RP !"$+I-.0"#"$B" ..........................U9ON9S ...........
Slide 11: Cash Flow
CASH FLOWS FROM OPERATING ACTIVITIES: Net loss Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization Noncash lease expense Amortization of debt issue costs and debt discount Stock option expense Accrued interest expense on finance lease Loss on fair
Slide 12: Core EBITDA (Non-GAAP)
Core EBITDA (Non-GAAP) Non-GAAP Financial Measures Our reported results are presented in accordance with U.S. generally accepted accounting principles (“GAAP”). We also disclose Earnings before Interest, Tax, Depreciation and Amortization ("EBITDA") and Core Earnings before Interest, Tax, Depreciati
Slide 13: Mining Metrics
Mining Metrics A@TEEBB"*A@#BC*>E>BB.T2@BaEc !"#AB"CBDE)E*+E#B,B-*./M#1#B"CB2"#A#BA"B31*EB"*EB41A2"1*BR6ETB41A2"1*B.3"+*A#B.TEB.2A+./8 9:9; 9:9< !"#AB"CDE"C)* DDDDDDDDDDDDDD +,-. DDDDDDDDDDDDDDD +/-M 1"2"#34D5"C"C2D6)7)C8)9 ?DDD .:;<=:.=> ?DDDD +:+<M:;/> @7)632)D6)7)C8)DBAD)3ABD!"#AB"CD5"C)*DC.a ?DDD
Slide 14: Thank You
An emerging leader in Bitcoin mining & specialty finance Thank You [email protected]