Lm Funding America, Inc. · NASDAQ:LMFA
Lm Funding America — Q4 2024 Earnings Presentation
14 slides from Lm Funding America's earnings presentation, Mar 31, 2025
Slide 1: An emerging leader in Bitcoin mining: Q4 2024 Supplemental Investor Presentation
An emerging leader in Bitcoin mining Q4 2024 Supplemental Investor Presentation Nasdaq: LMFA
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain forward-looking statements the meaning of 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 t
Slide 3: Overview
Overview FY24 Revenue Hashrate BTC Mined 630 Ph/s1 14.0 170.6 12.0 $13.0M 10.0 $11.0M FY24 FY24 Revenue2 Core EBITDA 8.0 $11 million $3.9M 6.0 April 2024 Halving 4.0 BTC Holdings3 BTC per 2.0 Share4 $1.7M 165.8 BTC 0.0 $0.9M $14.4 million $2.81 FY21 FY22 FY23 FY24 HODL 54.9 HODL 95.1 HODL 150.2 1 In
Slide 4: Q4'24 and YTD'25 Operational Highlights
Q4’24 and YTD’25 Operational Highlights 2024 • Mined 170.6 BTC for FY’24 • Acquired 15 MW Mining Facility in Oklahoma in Q4’24 2025 • Achieved 0.6 EH/s with Oklahoma site • LuxOS firmware upgrade estimated to enhance efficiency 10-15%; increasing revenue and profits without additional capex • Mined
Slide 5: Q4'24 Financials
Q4’24 Financials Post April 2024 • Total revenue of $2.0M $4.1M Halving $2.0M • Staff costs, payroll, professional costs and SG&A of $1.6M, down 18.1% YoY Q4'23 Q4'24 • Net income attributable to LM Funding America of $2.0M, up from $1.6M loss in Q4’23 Core EBITDA • Core EBITDA of $3.3M, up ~10X YoY
Slide 6: Balance Sheet – December 31, 2024
Balance Sheet – December 31, 2024 All amounts as of 12/31/24 $3.4M Cash $14.0M1 BTC Holdings Prepaid Total Current $0.8M expenses and $13.5M other assets Assets Total Current $6.8M Total Debt $1.6M Liabilities 1 Bitcoin holdings of 150.2 BTC valued at $14.0M as of 12/31/24 at a price of $93k 6
Slide 7: Differentiated Strategy
Differentiated Strategy • Vertically integrated • Targeting 5 – 20 MW facilities • Disciplined Opex • Strong balance sheet + HODL Strategy • BTC backed debt • BTC Holdings = $14.4M1 1 Bitcoin holdings of 165.8 BTC valued at $14.4M as of 3/26/25 at a price of $87k 7
Slide 8: Q&A
An emerging leader in Bitcoin mining & specialty finance Q&A LMFundingIR@orangegroupadvisors.com
Slide 9: Financials
An emerging leader in Bitcoin mining & specialty finance Financials LMFundingIR@orangegroupadvisors.com
Slide 10: Balance Sheet
December 31, December 31, 2024 2023 Assets Digital asets current (Note 4) 9.021927 3,416,256 27.050 17.860 expenses and other assets 927237 4067212 i i 13,306,604 10,183,567 i } a i 18,376,948 24519610 i i l 467,172 20837 n | L i H & i 3 i 4285 156,992 F i i i i 5,000,000 = ? i 73857 86,798 Toul ass
Slide 11: Income Statement
E Fy Specialy anes revenue 140.377 75,901 483,599 ss0.4as ‘Total revenmes 1.988.224 “4058.4 10,999.68 12984,090 pectin cout and expenses: Sf costs and payo 907.883, 796 4.356. 5.858.736 Depression and amorizaon ©8757 195,614,774, IL 4,983,480 ‘Gain om fai value of Bon, net 4288031) 88497) 7350.05) -
Slide 12: Cash Flows
Cash Flows Years Ended December 31, Years Ended December 31, 2024 2023 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES: Net cash used in operating activities (11,946,179) (3,404,681) Net loss $ (7,655,432) $ (18,875,367) CASH FLOWS FROM INVESTING ACTIVITIES: Adjustments to reconcile net loss to net c
Slide 13: 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 14: Thank You
An emerging leader in Bitcoin mining & specialty finance Thank You LMFundingIR@orangegroupadvisors.com