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LMPX News and Press, LMP Automotive Holdings Inc. From 08/12/21

Stock Information
Company Name: LMP Automotive Holdings Inc.
Stock Symbol: LMPX
Market: OTC
Website: lmpmotors.com
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LMPX - LMP Automotive Holdings, Inc. Announces Second Quarter Financial Results

Second Quarter 2021 Highlights All financial comparisons stated below are compared to the second quarter of 2020, unless otherwise noted. Revenue increased $132.3M to $140.0M Overall Gross Profit increased by $25.0M to $26.4M Gross Profit Margin increas...
LMPX - LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in New York, Generating Approximately $82 Million in Annualized Revenue and $2.7 Million in Adjusted EBITDA

FORT LAUDERDALE, FL , Aug. 09, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreement for a Kia dealership in New York, generating a...

LMPX - LMP Automotive gains on adding $80M in annualized revenue through acquisition of Chrysler Dodge Jeep Ram dealership

LMP Automotive Holdings (LMPX) +2% premarket on acquiring a Chrysler Dodge Jeep Ram dealership in New York for ~$11M for goodwill and $8.2M for the associated real estate.Consideration will be funded through a combination of cash on LMP’s balance sheet, $5.6M in com...

LMPX - LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in New York, Including the Associated Real Estate, Generating Approximately $80 Million in Annualized Revenue and $2.6 Million in Adjusted EBITDA

FORT LAUDERDALE, FL , July 26, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreement for a Chrysler Dodge Jeep Ram dealership in Ne...
LMPX - Domino's Pizza and Zovio among consumer gainers; Lexaria Bioscience among losers

Gainers: Sequential Brands Group (SQBG) +18%. Domino's Pizza (DPZ) +12%. Glory Star New Media Group Holdings (GSMG) +11%. LMP Automotive Holdings (LMPX) +9%. Zovio (ZVO) +9%.Losers: Mer Telemanagement Solutions (MTSL) -20%. Nova LifeStyle (NVFY) -14%. Lexaria Bioscience (LEXX) -13%....

LMPX - LMP Automotive gains on buying Kia dealership in Connecticut, adding ~$40M in annualized revenue

LMP Automotive Holdings (LMPX) +7.8% premarket on acquiring Kia dealership in Connecticut for ~$2.8M for goodwill and $6.45M for the associated real estate.This transaction will generate ~$40M in annualized revenue and $1.9M in adjusted EBITDA in 2022.The deal is expected to close i...

LMPX - LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in Connecticut, Including the Associated Real Estate, Generating Approximately $40 Million in Annualized Revenue and $1.9 Million in Adjusted EBITDA

FORT LAUDERDALE, FL , July 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreement for a Kia dealership in Connecticut, along wit...
LMPX - LMP Announces a Definitive Acquisition Agreement for General Motors and Nissan Dealerships in Texas, Including the Associated Real Estate, Generating Approximately $250 Million in Annualized Revenue and $27 Million in Adjusted EBITDA

FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreement for General Motors and Nissan dealerships in T...

LMPX - 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 p...

LMPX - 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 Senio...
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