•
Jun 30, 2021
LMFA Q2 2021 Earnings Report
Reported net income of $11.1 million for the second quarter of 2021.
Key Takeaways
LM Funding America, Inc. reported a net income of $11.1 million, or $2.05 per basic common share, for the second quarter of 2021. The company's cash position increased to $22.2 million, and working capital stood at $29.7 million as of June 30, 2021.
Net income attributable to LM Funding totaled $11.1 million, or $2.05 per basic and diluted share.
Cash increased to $22.2 million, or approximately $4.09 per basic and diluted share.
Working capital was $29.7 million, or $5.49 per basic and diluted share.
There were 5,414,296 common shares outstanding as of August 6, 2021.