PowerCompute, Inc. (LMFA) Earnings Call Transcripts

PowerCompute, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, LM Funding America, Inc. reported total revenue of approximately $2.1 million, a decline of 11% year-over-year, primarily due to lower Bitcoin prices. The company produced 26.1 Bitcoin, a 19% increase from the previous quarter, and achieved its highest energized hash rate of 790 petahash. Management highlighted a significant recovery in Bitcoin value post-quarter end, with the treasury valued at approximately $27.3 million as of May 11, 2026, indicating a disconnect between market capitalization and asset value. No changes to guidance were provided, but management emphasized operational strength and potential for future growth.

Reported metrics

Guidance from management

Management maintained its focus on operational efficiency and incremental fleet upgrades, with no specific numerical guidance provided for the upcoming quarters.

What management said

It is all driven by electricity tariffs and price and what can you buy electricity for. With the right electricity price then decides what sort of machines look best there and what -- whether it's going to be air cooled or immersion, et cetera. Our driving force is always payback time. So that being the sooner that, that machine is running at a constant price of constant electricity can pay for itself and be in the...

What analysts pressed on

Analysts expressed concerns regarding the impact of lower Bitcoin prices on profitability and the company's ability to sustain its operational improvements. There were questions about the potential for future acquisitions and how market conditions might affect those opportunities.

Main topics on the call

• Operational Efficiency — LMFA reported a record energized hash rate of 790 petahash and a 19% increase in Bitcoin production, reaching 26.1 Bitcoin for the quarter. CEO Bruce Rodgers stated, "The first quarter of 2026 represents the first full p...
• Bitcoin Price Recovery — Management noted a significant recovery in Bitcoin prices post-quarter end, with the treasury valued at approximately $27.3 million as of May 11, 2026. CFO Richard Russell highlighted that the company's net loss was prim...
• Revenue Decline — Total revenue for Q1 2026 was approximately $2.1 million, down from $2.4 million in both the previous quarter and the same quarter last year. CFO Richard Russell attributed this decline to "a significantly lower Bitcoin ...
• Mining Margin Stability — Mining margin was approximately 24.1% for the quarter, slightly down from 25% in Q4 2025. This margin was supported by $368,000 in curtailment and energy sales, indicating effective cost management despite lower Bitcoin ...

Read the full PowerCompute, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 13 PowerCompute, Inc. earnings call transcripts on record, spanning August 14, 2023 to August 14, 2026. Based on this history, PowerCompute, Inc. reports quarterly. The most recent call on file is dated August 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LMFA

Exchange

NasdaqCM

Country

US

Sector

Information Technology

Industry

Software

Calls on record

13

First call

August 14, 2023

Most recent

August 14, 2026

Reporting cadence

quarterly