LM Funding America (STU:1YJA) Gross-Profit-to-Asset % : 106.46% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is LM Funding America Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. LM Funding America's annualized Gross Profit for the quarter that ended in Mar. 2024 was €38.07 Mil. LM Funding America's average Total Assets over the quarter that ended in Mar. 2024 was €35.76 Mil. Therefore, LM Funding America's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 106.46%.

LM Funding America Gross-Profit-to-Asset % Historical Data

The historical data trend for LM Funding America's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

LM Funding America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

34.02

12.43

38.13

11.52

13.39

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
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															-19.46	2.74	29.21	56.01	106.46

Competitive Comparison of LM Funding America's Gross-Profit-to-Asset %

For the Credit Services subindustry, LM Funding America's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LM Funding America's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where LM Funding America's Gross-Profit-to-Asset % falls into.

LM Funding America Gross-Profit-to-Asset % Calculation

LM Funding America's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	5.675	/	( (50.211	+	34.583)	/ 2 )
	=	5.675	/	42.397
	=	13.39 %

LM Funding America's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	38.072	/	( (34.583	+	36.943)	/ 2 )
	=	38.072	/	35.763
	=	106.46 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

LM Funding America Gross-Profit-to-Asset % Related Terms

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

LM Funding America (STU:1YJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LM Funding America Inc (STU:1YJA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

LMFA:USA 1YJ:Germany

Address

1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602

Website

http://www.lmfunding.com

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.

LM Funding America (STU:1YJA) Headlines

No Headlines