LM Funding America, Inc. (LMFA) Q1 2024 Earnings Call Transcript

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Q1: 2024-05-15 Earnings Summary

10-Q
EPS of $0.61 beats by $1.18 | Revenue of $4.75M (105.21% Y/Y) misses by $52.40K

LM Funding America, Inc. (NASDAQ:LMFA) Q1 2024 Results Conference Call May 16, 2024 11:00 AM ET

Company Participants

Ted Ayvas - Crescendo Communications, IR
Bruce Rodgers - CEO
Richard Russell - CFO

Conference Call Participants

Kevin Dede - H.C. Wainright

Operator

Greetings. Welcome to the LM Funding America Inc. First Quarter 2024 Business Update Conference Call. [Operator Instructions] Please note that this conference is being recorded.

I will now turn the conference over to your host, Ted Ayvas. You may begin.

Ted Ayvas

Good morning, and thank you for joining LM Funding America's 2024 First Quarter Financial Results and Business Update Conference Call. On the call with us today are Bruce Rogers, Chief Executive Officer; and Richard Russell, Chief Financial Officer of LM Funding. This morning, the company announced its operating results for the quarter ended March 31, 2024, and its financial condition as of that date.

The press release is posted on the company's website, lmfunding.com. In addition, the company has filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission, which can also be accessed on the company's website as well as the SEC's website at www.sec.gov. If you have any questions after the call or would like any additional information about the company, please contact Crescendo Communications at (212) 671-1020.

Before management reviews the company's operating results for the 3 months ended March 31, 2024, and its financial condition as of that date, we would like to remind everyone that this conference call may contain forward-looking statements.

All statements other than statements of historical facts contained in this conference call, including statements regarding our future results of operations and financial position, strategy and plans and our expectations for future operations are forward-looking statements.

These forward-looking statements are based largely on the company's current

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