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LM Funding America (LM Funding America) Pretax Margin % : 18.40% (As of Mar. 2024)


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What is LM Funding America Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LM Funding America's Pre-Tax Income for the three months ended in Mar. 2024 was $1.90 Mil. LM Funding America's Revenue for the three months ended in Mar. 2024 was $10.35 Mil. Therefore, LM Funding America's pretax margin for the quarter that ended in Mar. 2024 was 18.40%.

The historical rank and industry rank for LM Funding America's Pretax Margin % or its related term are showing as below:

LMFA' s Pretax Margin % Range Over the Past 10 Years
Min: -412.11   Med: -112.63   Max: 38.21
Current: -51.4


LMFA's Pretax Margin % is ranked worse than
88.78% of 517 companies
in the Credit Services industry
Industry Median: 19.8 vs LMFA: -51.40

LM Funding America Pretax Margin % Historical Data

The historical data trend for LM Funding America's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LM Funding America Pretax Margin % Chart

LM Funding America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -133.51 -315.63 38.01 -412.11 -304.01

LM Funding America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 294.77 -1,855.92 -159.54 -24.90 18.40

Competitive Comparison of LM Funding America's Pretax Margin %

For the Credit Services subindustry, LM Funding America's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LM Funding America's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LM Funding America's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where LM Funding America's Pretax Margin % falls into.



LM Funding America Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

LM Funding America's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-18.815/6.189
=-304.01 %

LM Funding America's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.904/10.346
=18.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LM Funding America  (NAS:LMFA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


LM Funding America Pretax Margin % Related Terms

Thank you for viewing the detailed overview of LM Funding America's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


LM Funding America (LM Funding America) Business Description

Traded in Other Exchanges
Address
1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602
LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.
Executives
Ryan H Duran officer: Chief Financial Officer 3408 W. CHEROKEE AVE, TAMPA FL 33611
Bruce M. Rodgers director, officer: Chairman, CEO and President 302 KNIGHTS RUN AVE., STE. 1000, TAMPA FL 33602
Richard D. Russell officer: Vice President of Operations 3201 W BAY VISTA AVE, TAMPA FL 33611
Andrew L. Graham director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Tian Zhang director 1200 WEST PLATT STREET, SUITE 100, TAMPA FL 33606
Douglas I. Mccree director 302 KNIGHTS RUN AVE., STE. 1000, TAMPA FL 33602
Mint Capital Advisors Ltd 10 percent owner WESTERN ROAD, NASSAU C5 00000
Frank Charles Silcox director FS VENTURES, LLC, 315 S. PLANT AVENUE, TAMPA FL 33606
User-friendly Holding, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
User-friendly Phone Book, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
Xueyuan Han 10 percent owner 22 WHITE PLACE, WEST ORANGE NJ 07052
Bz Industrial Ltd 10 percent owner 22 WHITE PLACE, WEST ORANGE NJ 07052
Craven House Capital North America Llc 10 percent owner 107 WEST FEDERAL ST. PO BOX 480, MIDDLEBURG VA 20018-0480
Frederick J Mills director 3006 EUCLID AVE, TAMPA FL 33611
Carollinn Gould director, 10 percent owner, officer: VP - General Manager 302 KNIGHTS RUN AVE., STE. 1000, TAMPA FL 33602

LM Funding America (LM Funding America) Headlines

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