| LM Funding America is a finance company that provides funding to nonprofit community associations. Co. provides incorporated nonprofit community associations (Associations) a variety of financial products customized to each Association's financial needs. Co.'s original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts. Co. provides funding against such delinquent accounts (Accounts), in exchange for a portion of the proceeds from the account debtors on the Accounts. Co. has started purchasing Accounts on varying terms tailored to suit each Association's financial needs, including under its New Neighbor Guaranty program. We show 23 historical shares outstanding datapoints in our coverage of LMFA's shares outstanding history.|
Understanding the changing numbers of LMFA shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like LMFA versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching LMFA by allowing them to research LMFA shares outstanding history
as well as any other stock in our coverage universe.