LMP Automotive Holdings, Inc. is an automotive ecommerce operator. The Company provides a marketplace for users to buy, sell, subscribe for or finance new and used automobiles. The Company buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. It rents or subscribes by either renting automobiles to its customers or allowing them to enter into its subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty (30) days. It sells its inventory, including automobiles previously included in rental and subscription programs, to customers as well. The Company’s fleet consists of approximately 215 automobiles.
Market Cap:258.9M; Shares Outstanding:8.6M; Short Interest: 0.92%; Q3 2019(9/30/19): Cash 2.07M. Loss 0.78M
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