LM Funding (LMFA) Q3 2024 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 9, 2026 astatine 9:50 AM CDT 16 min read

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Wednesday, November 13, 2024 astatine 11 a.m. ET

• President of U.S. Digital Mining — Ryan Duran

• Chief Financial Officer — Richard Russell

• Director of Investor Relations — Ted Ayvas

Ted Ayvas: Good morning, and acknowledgment to everyone for joining LM Funding America's 2024 3rd 4th fiscal results and concern update league call. On the telephone with america contiguous are Ryan Duran, President of U.S. Digital Mining; and Richard Russell, Chief Financial Officer of LM Funding. Bruce Rogers, the company's Chief Executive Officer, volition not beryllium capable to be the telephone this greeting owed to a household emergency. This morning, the institution announced its operating results for the 4th ended September 30, 2024, and its fiscal information arsenic of that date. The property merchandise is posted connected the company's website, lmfunding.com and is filed arsenic an grounds to a Form 8-K, which was filed with the U.S.

Securities and Exchange Commission, which tin besides beryllium accessed connected the company's website arsenic good arsenic the SEC's website astatine www.sec.gov. If you person immoderate questions aft the telephone oregon would similar immoderate further accusation astir the company, delight interaction Crescendo Communications astatine (212) 671-1020. Before absorption reviews the company's operating results for the 3 months and 9 months ended September 30, 2024, and its fiscal information arsenic of that date, we would similar to punctual everyone that this league telephone whitethorn incorporate forward-looking statements.

All statements different than statements of humanities facts contained successful the league call, including statements regarding our aboriginal results of operations and fiscal position, strategy and plans and our expectations for aboriginal operations are forward-looking statements. These forward-looking statements are based mostly connected the company's existent expectations and projections astir aboriginal events and trends that it believes whitethorn impact its fiscal condition, results of operations, strategy, short-term and semipermanent concern operations and objectives, and fiscal needs. These forward-looking statements are taxable to assorted risks, uncertainties and assumptions arsenic described successful the company's Form 10-K filed with the U.S. Securities and Exchange Commission connected April 1, 2024.

Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed successful this league telephone whitethorn not occur, and existent results could disagree materially and adversely from those anticipated oregon implied successful the forward-looking statements. You should not trust upon forward-looking statements arsenic predictions of aboriginal events. Although the institution believes that the expectations reflected successful the forward-looking statements are reasonable, it cannot warrant aboriginal results, level of activity, show oregon achievements. In addition, neither the institution nor immoderate different idiosyncratic assumes work for the accuracy and completeness of immoderate of these forward-looking statements. The institution disclaims immoderate work to update immoderate of these forward-looking statements.