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LMP Automotive Holdings, Inc.OTCPK:LMPX Stock Report

Market Cap US$768.0k
Share Price
US$0.07
My Fair Value
n/a
1Y10.9%
7D-0.6%
1D
Portfolio Value
View

LMP Automotive Holdings, Inc.

OTCPK:LMPX Stock Report

Market Cap: US$768.0k

LMP Automotive Holdings (LMPX) Stock Overview

Through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. More details

LMPX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

LMPX Community Fair Values

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LMP Automotive Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for LMP Automotive Holdings
Historical stock prices
Current Share PriceUS$0.07
52 Week HighUS$0.25
52 Week LowUS$0.0005
Beta0
1 Month Change0%
3 Month Change0%
1 Year Change10.94%
3 Year Change-94.81%
5 Year Change-99.54%
Change since IPO-98.69%

Recent News & Updates

Seeking Alpha Aug 17

LMP Automotive preliminary estimates of Q2 include revenue to be ~$164M; announces delay of Q2 results

LMP Automotive (NASDAQ:LMPX) reported Tuesday its preliminary estimates for Q2 2022 where sales is expected to be ~$164M and gross profit to be ~$32M with cash at ~$36M. Additionally, LMP Automotive provided a corporate update and announced a delay of its second quarter financial results for the period ended June 30. The company said there is significant change in results of operations in Q2 2022 versus results from corresponding period in prior year, primarily as a result of acquisitions that closed during the course of calendar year 2021. As it continues its evaluation of proper identification and elimination of intercompany transactions; estimates of chargeback reserves for finance and insurance products; and various financial presentation matters related to the Company’s business it is unable to timely report its financial results for Q2 of 2022.

Recent updates

Seeking Alpha Aug 17

LMP Automotive preliminary estimates of Q2 include revenue to be ~$164M; announces delay of Q2 results

LMP Automotive (NASDAQ:LMPX) reported Tuesday its preliminary estimates for Q2 2022 where sales is expected to be ~$164M and gross profit to be ~$32M with cash at ~$36M. Additionally, LMP Automotive provided a corporate update and announced a delay of its second quarter financial results for the period ended June 30. The company said there is significant change in results of operations in Q2 2022 versus results from corresponding period in prior year, primarily as a result of acquisitions that closed during the course of calendar year 2021. As it continues its evaluation of proper identification and elimination of intercompany transactions; estimates of chargeback reserves for finance and insurance products; and various financial presentation matters related to the Company’s business it is unable to timely report its financial results for Q2 of 2022.
Seeking Alpha Aug 08

LMP Automotive sign real estate sale agreements to sell Kia dealerships, plans liquidation plan approval

LMP Automotive (NASDAQ:LMPX) entered into dealership and real estate asset sale agreements to sell its Kia dealerships in Port Charlotte, FL, Cape Coral, FL and Beckley, WV, its Subaru dealership in Beckley, WW, its Chevrolet dealership in Beckley, WV and its GM dealership in Beckley, WV. The sale is expected to close in October 2022. The company believes that stock price does not reflect the NAV of company and believe that this transaction along with the sale of remaining assets will enable to maximize stockholder value. The board plans to approve a proposed plan of liquidation of LMP’s assets and the dissolution which will enable to sell all of the company's assets, distribute the net proceeds to stockholders and dissolve the company. The management believes that on finalization of the Plan of Liquidation the company will be able to distribute ~$115 to $126M to shareholders.
Analysis Article Feb 22

How Many LMP Automotive Holdings, Inc. (NASDAQ:LMPX) Shares Did Insiders Buy, In The Last Year?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Analysis Article Jan 25

We Think LMP Automotive Holdings (NASDAQ:LMPX) Has A Fair Chunk Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 30

Is LMP Automotive Holdings, Inc.'s (NASDAQ:LMPX) Shareholder Ownership Skewed Towards Insiders?

Every investor in LMP Automotive Holdings, Inc. ( NASDAQ:LMPX ) should be aware of the most powerful shareholder...
Analysis Article Dec 04

Did The Underlying Business Drive LMP Automotive Holdings' (NASDAQ:LMPX) Lovely 386% Share Price Gain?

While stock picking isn't easy, for those willing to persist and learn, it is possible to buy shares in great...

Shareholder Returns

LMPXUS Specialty RetailUS Market
7D-0.6%5.9%1.0%
1Y10.9%2.3%28.7%

Return vs Industry: LMPX exceeded the US Specialty Retail industry which returned -0.5% over the past year.

Return vs Market: LMPX underperformed the US Market which returned 27.1% over the past year.

Price Volatility

Is LMPX's price volatile compared to industry and market?
LMPX volatility
LMPX Average Weekly Movementn/a
Specialty Retail Industry Average Movement7.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: LMPX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine LMPX's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aSam Tawfikwww.lmpmotors.com

LMP Automotive Holdings, Inc., through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and distributors at fleet rates. The company was incorporated in 2017 and is headquartered in Fort Lauderdale, Florida.

LMP Automotive Holdings, Inc. Fundamentals Summary

How do LMP Automotive Holdings's earnings and revenue compare to its market cap?
LMPX fundamental statistics
Market capUS$767.98k
Earnings (TTM)-US$10.02m
Revenue (TTM)US$318.49m
0.0x
P/S Ratio
0.0x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LMPX income statement (TTM)
RevenueUS$318.49m
Cost of RevenueUS$258.27m
Gross ProfitUS$60.21m
Other ExpensesUS$70.23m
Earnings-US$10.02m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did LMPX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 12:46
End of Day Share Price 2026/05/22 00:00
Earnings2021/09/30
Annual Earnings2020/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LMP Automotive Holdings, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashok KumarThinkEquity LLC