Mill City Ventures III, Ltd. Reports 2024 First Quarter Results [Yahoo! Finance]
Mill City Ventures III, Ltd. (MCVT)
NASDAQ:AMEX Investor Relations:
millcityventures3.com/investors
Company Research
Source: Yahoo! Finance
its revenue and net income for the quarter ended March 31, 2024 with the filing of its quarterly report on Form 10-Q on Wednesday, May 15, 2024. The filing reported that: Interest income from lending operations remained relatively flat at $832,667 compared to $864,028 for the year ago period; Pre-tax earnings from lending operations increased to $471,580 compared to a loss of $(1,025,767) in the prior-year period resulting in net earnings of $0.06 earnings per share compared to a loss of $(0.12) per share; and Shareholder equity increased to $18.97M, up from $18.59M at December 31, 2023. "We have experienced another very profitable quarter reflecting our continued focus on maximizing profitably. Furthermore, I am excited about Mill City's prospects both in terms of its present operations and its strategic opportunities," said Mill City's Chief Executive Officer, Douglas M. Polinsky. Mill City continues exploring potential opportunities in real estate bridge loans, title loan
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Sec Filings
- 8/21/24 - Form 8-K
- 8/14/24 - Form 10-Q
- MCVT's page on the SEC website