LM Funding America, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $2.6M
- Price
- $0.1495
- % Change (Daily % change from the live per-ticker quote feed.)
- -5.17%
- Volume
- 965.0K
Quote data as of 5:17 AM ET
About
LM Funding America, Inc. functions as a specialized financial services provider. The company offers capital to non-profit community associations (referred to as Associations), with a primary focus on Florida, extending its services to Washington, Colorado, and Illinois. This financial assistance is delivered by acquiring the Associations' rights to overdue accounts, specifically those chosen by the Associations themselves, which stem from unpaid member assessments. Furthermore, LM Funding procures these delinquent accounts under diverse, customized terms designed to meet each Association's specific fiscal requirements, notably through its "New Neighbor Guaranty" initiative. Established in 2008, LM Funding America, Inc. maintains its headquarters in Tampa, Florida.
Quick stats
Shares outstanding17.4M
Computed float14.5M
Float sourceUnknown
Cash runway (months)-2.6
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorFinancial Services
IndustryFinancial - Credit Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001640384
Websitehttps://www.lmfunding.com