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LMP Automotive Holdings Inc
500 East Broward Boulevard, Suite 1900
Phone: (954) 895-0352p:954 895-0352 FORT LAUDERDALE, FL  33394  United States Ticker: LMPXLMPX
On May 16, 2022, management of LMP Automotive Holdings, Inc., and the audit committee of the company’s board of directors, concluded that the company’s previously issued condensed consolidated financial statements as of and for the quarters ended March 31, 2021, June 30, 2021, and September 30, 2021 are required to be restated and should no longer be relied upon primarily due to the following errors: (i) the improper identification and elimination of intercompany transactions, (ii) incorrect estimates of chargeback reserves for finance and insurance products, and (iii) certain financial statement misclassifications impacting various balance sheet and income statement financial statement captions in the Relevant Periods.
Business Summary
LMP Automotive Holdings, Inc. is an e-commerce and facilities-based automotive retailer in the United States. The Company offers a range of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Its e-commerce technology and strategy are designed to disrupt the industry by leveraging its selection of owned inventories and physical logistics networks. The Company seeks to provide customers with both online and in person services. Its physical logistics network enables it to provide convenient free delivery points for customers and provide services throughout the entire ownership life cycle. The Company uses digital technologies to lower its customer acquisition costs and achieve operational efficiencies.
(Source: 10KSB40)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202112/31/2020YesYes---

Industries
SIC Code Description
5521 Motor vehicle dealers (used only)
5511 Motor vehicle dealers (new and used)
7514 Passenger car rental
6159 Miscellaneous business credit institutions
7375 Information retrieval services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer, Interim Chief Financial Officer SamerTawfik 55 8/5/2022 1/1/2018
Chief Operating Officer B. RichardAldahan 58 7/27/2020 7/27/2020
Senior Corporate Controller JamesSerenius 7/19/2021 7/19/2021
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Fuccillo Kia of Cape Coral 404 N.E. Pine Island Road Cape Coral FL United States
Fuccillo Automotive Group Inc 10524 Us Route 11 Adams NY United States

Business Names
Business Name
601 NSR, LLC
Fuccillo Kia of Cape Coral
Fuccillo Kia of Port Charlotte
26 additional Business Names available in full report.

General Information
Number of Employees: 17 (As of 12/31/2020)
Outstanding Shares: 10,908,767 (As of 8/25/2022)
Shareholders: 45
Stock Exchange: OTC
Federal Tax Id: 823829328


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Tuesday, April 23, 2024