Financial PerformanceLMFA reported 2Q24 revenues of $3.0M, down from $4.7M in 1Q24.
Investment RisksRisks of investment include all those associated with volatile cryptocurrencies, including the bitcoin network hash rate and bitcoin price, while also including hacking and other exposures exclusive to digital activities and those of small cap companies.
LiquidityWith roughly $8.6M in net liquidity (cash and crypto less debt), down from roughly $12.2M in 1Q24, LMFA’s balance sheet is healthy, albeit at small scale.