OverviewSuggest Edit

LMP Automotive Holdings is a company that offers its customers the opportunity to buy, sell, rent and subscribe for, and obtain financing for automobiles. Its aim is to provide an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles.

TypePublic
Founded2016
HQPlantation, FL, US
Websitelmpmotors.com
Employee Ratings1.1

Latest Updates

Employees (est.) (Dec 2019)14(+28%)
Revenue (FY, 2020)$30.4 M(+84%)
Share Price (Nov 2021)$13.2(+2%)
Cybersecurity ratingAMore
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Key People/Management at LMP Automotive Holdings

Bryan Silverstein

Bryan Silverstein

Chief Financial Officer
Gabriel P.

Gabriel P.

Director Of Operations
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LMP Automotive Holdings Office Locations

LMP Automotive Holdings has offices in Plantation and Fort Lauderdale
Plantation, FL, US (HQ)
601 N State Rd 7
Fort Lauderdale, FL, US
500 E Broward Blvd #1900
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LMP Automotive Holdings Financials and Metrics

LMP Automotive Holdings Revenue

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LMP Automotive Holdings's revenue was reported to be $30.44 m in FY, 2020
USD

Revenue (FY, 2020)

30.4m

Gross profit (FY, 2020)

3.1m

Gross profit margin (FY, 2020), %

10%

Net income (FY, 2020)

(4.8m)

EBIT (FY, 2020)

(4.5m)

Market capitalization (12-Nov-2021)

131.1m

Closing stock price (12-Nov-2021)

13.2

Cash (31-Dec-2020)

3.9m

EV

130.3m
LMP Automotive Holdings's current market capitalization is $131.1 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

3.8m16.6m30.4m

Revenue growth, %

342%

Cost of goods sold

4.0m18.6m27.4m

Gross profit

(235.0k)(2.0m)3.1m
Quarterly
USDQ1, 2020Q2, 2020

Revenue

5.3m7.7m

Cost of goods sold

7.1m

Gross profit

(1.7m)

Gross profit Margin, %

(32%)
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

217.4k424.2k6.5m3.9m

Accounts Receivable

85.9k287.0k54.0k515.8k

Prepaid Expenses

830.5k

Inventories

3.7m11.6m10.0m8.5m
Quarterly
USDQ3, 2019Q1, 2020Q2, 2020

Cash

2.1m18.0m17.7m

Accounts Receivable

118.4k7.7k766.0k

Inventories

8.1m13.8m11.5m

Current Assets

10.6m37.0m39.2m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.4m6.5m(4.0m)(4.8m)

Depreciation and Amortization

29.3k683.6k1.1m1.3m

Inventories

(3.7m)(8.5m)531.5k6.3m

Accounts Payable

581.4k334.5k(821.6k)161.0k
Quarterly
USDQ3, 2018Q3, 2019Q1, 2020Q2, 2020

Net Income

(3.6m)(3.5m)(1.7m)(1.5m)

Depreciation and Amortization

295.0k811.0k307.2k584.5k

Inventories

(9.8m)2.7m(335.9k)4.2m

Accounts Payable

563.5k(389.3k)222.5k1.8m
USDFY, 2017

Debt/Equity

0.4 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x
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LMP Automotive Holdings Operating Metrics

Jul, 2019

Cars in Stock

215

Cars for Hire

40

Cars for Sale

27

Cars Subscribed and Used by Customers

128
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LMP Automotive Holdings Acquisitions / Subsidiaries

Company NameDateDeal Size
601 NSR
LMP Automotive Holdings
LMP Finance
LMP Motors.com

LMP Automotive Holdings Revenue Breakdown

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LMP Automotive Holdings revenue breakdown by business segment: 94.6% from Vehicle sales and 5.4% from Other

LMP Automotive Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

LMP Automotive Holdings Online and Social Media Presence

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LMP Automotive Holdings News and Updates

LMP Automotive Holdings, Inc. to Report Third Quarter 2021 Financial Results and Host Quarterly Conference Call on November 15, 2021

FORT LAUDERDALE, FL , Oct. 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it will report its third quarter 2021 financial results for the period ended September …

LMP Automotive Holdings, Inc. Provides its Planned Closing Schedule for Contracted Acquisitions

FORT LAUDERDALE, FL , Sept. 23, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its planned closing schedule for contracted acquisitions.

LMP Automotive Holdings, Inc. to Report Second Quarter 2021 Financial Results and Host Quarterly Conference Call on August 12, 2021

FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it will report its second quarter 2021 financial results for the period ended June 30, …

LMP Automotive Holdings, Inc. Announces an Addition to it’s Senior Management Team

FORT LAUDERDALE, FL , July 16, 2021 (GLOBE NEWSWIRE) --  LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced its addition of James Serenius as Senior Corporate Controller.

LMP Automotive Holdings, Inc. Announces Senior Management Addition

FORT LAUDERDALE, FL, July 12, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today Announced Senior Management Addition.

LMP Automotive Holdings, Inc. Announces Board Approval for Debt Refinancing and Conditional Approval of a Stock Buy Back and Dividend

FORT LAUDERDALE, FL, July 08, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced that the Board has authorized a debt refinancing, and subject to the conditions…
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LMP Automotive Holdings Frequently Asked Questions

  • When was LMP Automotive Holdings founded?

    LMP Automotive Holdings was founded in 2016.

  • Who are LMP Automotive Holdings key executives?

    LMP Automotive Holdings's key executives are Bryan Silverstein and Gabriel P..

  • How many employees does LMP Automotive Holdings have?

    LMP Automotive Holdings has 14 employees.

  • What is LMP Automotive Holdings revenue?

    Latest LMP Automotive Holdings annual revenue is $30.4 m.

  • What is LMP Automotive Holdings revenue per employee?

    Latest LMP Automotive Holdings revenue per employee is $2.2 m.

  • Who are LMP Automotive Holdings competitors?

    Competitors of LMP Automotive Holdings include Tiantian Paiche, Uxin and BeepKart.

  • Where is LMP Automotive Holdings headquarters?

    LMP Automotive Holdings headquarters is located at 601 N State Rd 7, Plantation.

  • Where are LMP Automotive Holdings offices?

    LMP Automotive Holdings has offices in Plantation and Fort Lauderdale.

  • How many offices does LMP Automotive Holdings have?

    LMP Automotive Holdings has 2 offices.