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Redwood Mortgage Investors Ix  (RMIIX)
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    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services


 

Redwood Mortgage Investors Ix

RMIIX's Financial Statements and Analysis



Redwood Mortgage Investors Ix reported break-even for the third quarter of 2023 compare to earnings per share of $0.00 recorded in the same quarter a year ago an improvement compare to $0.00 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ 0 $  2 Mill
Unch.     Unch.     -10.85 %



Redwood Mortgage Investors Ix's Revenue fell by -10.85 % in third quarter of 2023 (Sep 30 2023) year on year, to $2 million and declined by -3.47 % sequentially.


Redwood Mortgage Investors Ix is Expected to report next financial results on March 30, 2024.

More on RMIIX's Income Statement



Redwood Mortgage Investors Ix's net income of $0.918 million in the third quarter of 2023 decreased by -25.91 % from net earnings of $1.239 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -15.63 % from net income of $1.088 million realized in previous quarter.

More on RMIIX's Growth

Redwood Mortgage Investors Ix Inventories
RMIIX's Cash flow In the third quarter of 2023 company's net cash flow was $0 million


Redwood Mortgage Investors Ix






More on RMIIX's Dividends

 Market Capitalization (Millions) -
 Shares Outstanding (Millions) -
 Total Debt (Millions $) 6
 Revenue (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Redwood Mortgage Investors Ix






More on RMIIX's Balance Sheets

 Market Capitalization (Millions) -
 Shares Outstanding (Millions) -
 Total Debt (Millions $) 6
 Revenue (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Redwood Mortgage Investors Ix Earnings

Redwood Mortgage Investors IX Faces Serious Revenue Drop in Third Quarter of 2023 Earnings Season

Redwood Mortgage Investors IX: A Bullish Outlook Despite Recent Challenges
In the fiscal time-frame of July to September 30, 2023, Redwood Mortgage Investors IX showcased its resilience by achieving balanced books, with earnings per share of $0.00. Comparatively, this was the same as the preceding year, but it marked an improvement from the previous quarter. Although the revenue declined by 10.845% to $1.53 million from $1.72 million in the corresponding quarter, the company managed to mitigate the impact of this setback.
While a decrease in revenue may raise concerns for some investors, it is crucial to examine the broader context. Sequentially, the revenue drop was limited to just 3.472% from $1.58...

Redwood Mortgage Investors Ix Surges with $1.584 Million in Revenue, Attracts New Partners Amid Fiscal Period

Redwood Mortgage Investors Ix (RMIIX) presented its financial report for the fiscal period en...

Dramatic Revenue Downturn Hits Redwood Mortgage Investors IX - A Sharp Fall of 8.693% Unveiled at the End of Q1 2023

In the first quarter of 2023, Redwood Mortgage Investors Ix, a finance company, achieved zero earnings per share, compared to zero last year and zero in the preceding quarter. However, the company reported a decrease in revenue by 8.693%, from $1.55 million to $1.42 million in the corresponding period a year before. Sequentially, revenue increased by 2.531% from $1.38 million. Net profits for the first quarter of 2023 were $0.848 million, which is a decrease of 16.54% from $1.016 million in the same period in 2022.
The profitability of Redwood Mortgage Investors Ix in the first quarter of 2023 saw a decline, with the company's operating margin mitigating to 59.8%, and net margin shrinking to 59.8%. Opera...


Date modified: 2023-11-16T18:53:32+00:00





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