Bitcoin miner LM Funding misses Q3 revenue estimates

Powercompute

14/11/2025 12:38

Overview

LM Funding Q3 revenue grows 73.5% yr/yr but misses analyst expectations

Net loss for Q3 was $3.7 mln, adjusted EBITDA missed analyst expectations

Company acquired 11 MW Bitcoin mining facility in Mississippi, boosting production

Outlook

Company anticipates Oklahoma site expansion to energize in December 2025

LM Funding expects improved Bitcoin production and efficiency from Oklahoma expansion

Company aims to enhance Bitcoin per share and shareholder value through buybacks

Result Drivers

MISSISSIPPI ACQUISITION - Acquisition of 11 MW Bitcoin mining facility increased production despite higher curtailment and difficulty rates

MINING MARGIN IMPROVEMENT - Margin improved to 49% due to eliminating hosting costs, energy sales, and higher fleet efficiency

BITCOIN TREASURY EXPANSION - Raised $21.3 mln to enhance Bitcoin treasury, strengthening balance sheet and long-term position

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$2.20 mln
$2.50 mln (2 Analysts)
Q3 EPS
-$0.41
Q3 Net Income
-$3.70 mln
Q3 Adjusted EBITDA
Miss
-$1.40 mln
-$300,000 (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"

Wall Street's median 12-month price target for LM Funding America Inc is $4.50, about 75.8% above its November 13 closing price of $1.09

Press Release: ID:nGNX736s4P

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)