Redwood Mortgage Investors Ix  (RMIIX)
Other Ticker:  
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00

 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees -
 Revenues (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Redwood Mortgage Investors Ix
Redwood Mortgage Investors IX is a real estate investment firm that specializes in providing short-term bridge loans and financing options for real estate transactions. They primarily focus on residential and commercial properties in California and other select markets across the United States. Redwood Mortgage Investors IX offers flexible and customized loan structures, competitive interest rates, and quick approval processes to meet the unique needs of their clients. With a team of experienced professionals, they aim to deliver personalized services and financial solutions to help investors and borrowers achieve their real estate goals.

   Company Address: 177 Bovet Road San Mateo 94402 CA
   Company Phone Number: 365-5341   Stock Exchange / Ticker: RMIIX
   RMIIX is expected to report next financial results on March 30, 2024.


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Redwood Mortgage Investors Ix

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 million. This indicates that Redwood Mortgage Investors IX successfully minimized the potential negative effects and adjusted its operations in response to market fluctuations.

Redwood Mortgage Investors Ix

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 ending June 30, 2023. The company achieved balanced books with earnings of $0.00 per share, unchanged from the previous year and the preceding quarter.
During the corresponding quarter a year ago, RMIIX recorded a revenue increase of 10.383% to $1.58 million compared to $1.44 million. On a sequential basis, the company saw its revenue rise by 11.707% from $1.42 million. This growth can be attributed to the company's agile strategy, which continues to attract new partners and provide them with reliability and advantage.

Redwood Mortgage Investors Ix

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%. Operating earnings also fell by 16.54% to $0.848 million, which led to a squeeze in the company's operating margin from 65.42% in the first quarter of 2022 to 59.8% in the first quarter of 2023. The reports hint towards a sluggish first quarter from the mortgage company.


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