Earnings Call Summary | Lm Funding America(LMFA.US) Q1 2024 Earnings Conference
Earnings Call Summary | Lm Funding America(LMFA.US) Q1 2024 Earnings Conference
The following is a summary of the LM Funding America, Inc. (LMFA) Q1 2024 Earnings Call Transcript:
以下是LM Funding America, Inc.（LMFA）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
LM Funding reported a noteworthy recovery, achieving a net income of $1.9 million in Q1 2024, after a net loss of $7.2 million in the same quarter the previous year.
The firm recorded a 105% increase in revenue in Q1 2024 compared to Q1 2023.
Positive core EBITDA of approximately $4.4 million was achieved for Q1 2024, exhibiting a substantial improvement from the core EBITDA loss of $300,000 in Q1 2023.
In Q1 2024, 86.4 Bitcoins were mined, valued at approximately $4.6 million, complemented by Bitcoin's record high prices.
LM Funding報告了顯著的復甦，繼去年同期淨虧損720萬美元之後，在2024年第一季度實現了190萬美元的淨收入。
與2023年第一季度相比，該公司在2024年第一季度的收入增長了105％。
2024年第一季度實現了約440萬美元的正核心息稅折舊攤銷前利潤，與2023年第一季度30萬美元的核心息稅折舊攤銷前利潤虧損相比有了顯著改善。
2024年第一季度，共開採了86.4個比特幣，價值約460萬美元，同時比特幣的價格創歷史新高。
Business Progress:
業務進展：
The Bitcoin mining operations of LM Funding have shown successful expansion, rendering them optimally positioned for future Bitcoin 'halving' events.
With an investment of approximately $1.1 million, 300 Bitmain S21 Antminer machines were purchased in January, leading to an increased Bitcoin mining capacity to 639 petahash per second.
The company is exploring ways to reduce Bitcoin mining costs and potential expansion into hosting for AI machines.
Prospective growth opportunities have been identified in their legacy business, in line with increased demands for reserve funding due to legislative changes.
LM Funding aims to scale their mining operations, improve their cost per Bitcoin mined, and grow their legacy business as part of their strategy to improve market share price.
LM Funding的比特幣採礦業務已成功擴張，使他們爲未來的比特幣 “減半” 事件做好了最佳準備。
投資約110萬美元，在1月份購買了300臺比特大陸S21螞蟻礦機，從而將比特幣的採礦能力提高到每秒639千兆哈希。
該公司正在探索降低比特幣採礦成本的方法，並有可能擴展到人工智能機器的託管領域。
隨着立法變化對儲備資金的需求增加，他們的傳統業務已經確定了潛在的增長機會。
LM Funding旨在擴大其採礦業務，提高每開採比特幣的成本，並發展其傳統業務，這是其提高市場份額價格戰略的一部分。
More details: Lm Funding America IR
更多詳情： Lm 資助美國投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。