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Mill City Ventures Iii Ltd (MCVT) |
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Price: $1.9140
$-0.01 
-0.313%
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| Day's High:
| $1.9886
| Week Perf:
| 5.75 %
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| Day's Low: |
$ 1.91 |
30 Day Perf: |
0.21 % |
| Volume (M): |
209 |
52 Wk High: |
$ 3.88 |
| Volume (M$): |
$ 400 |
52 Wk Avg: |
$2.42 |
| Open: |
$1.92 |
52 Wk Low: |
$1.65 |
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| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
0 |
| Cash Flow (TTM) (Millions $) |
6 |
| Capital Exp. (TTM) (Millions $) |
0 |
Mill City Ventures Iii Ltd
Mill City Ventures III Ltd is a limited partnership that operates as a venture capital firm. The company primarily focuses on early-stage investments in technology companies. Their investments are typically made in sectors such as software, Internet, and healthcare. Mill City Ventures III Ltd provides capital and expertise to help these startups develop and grow their businesses. The firm is based in the United States.
Company Address: 1907 Wayzata Blvd #205 Wayzata 55391 MN
Company Phone Number: 479-1923 Stock Exchange / Ticker: MCVT
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| Stock Performances by Major Competitors |
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| Mill City Ventures Iii Ltd
Mill City Ventures III Ltd, a Consumer Financial Services company, has been performing remarkably well in the stock market. Over the past week, the stock has recorded a solid gain of 5.21%. Additionally, it has shown an impressive increase of 2.29% over the past 12 months. Currently, Mill City Ventures III Ltd stock is trading at a rate that is 7.8% above its 52-week average.
The recent earnings report for the first quarter of 2024 has provided positive news for investors. The company has turned around its earnings, with earnings per share at $0.06. This is a significant improvement compared to the earnings of $-0.12 per share reported during the same period last year. In the prior reporting season, Mill City Ventures III Ltd experienced a loss of $-0.13 per share. However, this time the company has managed to achieve positive income per share, contrasting the previous season's loss.
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| Mill City Ventures Iii Ltd
Mill City Ventures III Ltd, a consumer financial services company, recently released its fiscal fourth-quarter results for 2023, revealing some concerning figures. The company reported a shortfall per share of $-0.13, which is an increase from $-0.07 per share compared to the previous year. Additionally, the earnings per share (EPS) fell from $0.06 per share in the previous quarter. These numbers indicate a decline in profitability for Mill City Ventures III Ltd.
Furthermore, the company's revenue remained unchanged at $0.00 million, the same as the comparable quarter from a year before, and sequentially from $0.40 million. This stagnant revenue suggests that the company has been struggling to generate growth in an increasingly competitive market.
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| Mill City Ventures Iii Ltd
Mill City Ventures III Ltd (MCVT) is a company that has recently released its third-quarter earnings report for 2023. The earnings per share (EPS) for this quarter remained unchanged at $0.06 per share compared to $0.00 per share in the same period last year. However, there was a significant increase in EPS from the previous reporting period, where it was $0.01 per share.
Despite the unchanged EPS, MCVT experienced a decline in revenue by -19.809% from the preceding financial reporting period. In the previous period, the company had reported revenue of $0.38 million. This indicates a significant decrease in revenue for MCVT.
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| Mill City Ventures Iii Ltd
Mill City Ventures III Ltd, a Consumer Financial Services company, recently reported strong revenue growth in its financial time-frame ending June 30, 2023. However, a closer analysis raises concerns about the sustainability of this growth. While the company's revenue improvement appears impressive compared to its industry peers, its earnings per share have taken a dive. Additionally, Mill City Ventures III Ltd's operating margin has drastically declined, signaling potential issues. This article aims to explore these factors and shed light on the challenges that lie ahead for the company.
Deteriorating Earnings Per Share:
Despite experiencing a significant increase in revenue, Mill City Ventures III Ltd witnessed a steep decline in earnings per share. From the previous reporting period, where earnings per share were -$0.12, the company registered a meager $0.01 per share. This suggests that the revenue growth was not translated into proportional profit margins. Such a decline in earnings per share raises concerns about the company's ability to generate sustainable profits and reward its shareholders adequately.
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| Mill City Ventures Iii Ltd
Mill City Ventures Iii Ltd, a publicly traded company, recently released its financial report for the first quarter of 2023. The report revealed that the company had posted a deficit per stock of $-0.12 per share, which is the opposite of the $0.04 per share reported during the same quarter the previous year.
The prior reporting season for Mill City Ventures Iii Ltd reported a deficit of $-0.07 per share. However, the company reported a net deficit of $0.000 million in the financial interval closing on March 31, 2023, which was unchanged from a year ago.
The financial report has raised eyebrows among market analysts and investors who have attempted to understand the reasons behind the negative financial performance of the company. A deficit per stock means the company is not generating enough revenue to cover its expenses, resulting in the loss.
The financial underperformance could be attributed to various factors, such as a decrease in sales revenue, an increase in operating costs, or a decline in the market share. The company's inability to generate profit has led to a decrease in shareholder value.
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| Per Share |
Current |
| Earnings (TTM) |
0.18 $ |
| Revenues (TTM) |
-
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| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
-
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.18 $
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| Revenues (TTM) |
- |
| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
- |
| Dividend (TTM) |
0 $ |
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