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Creative Media and Community Trust Corporation  (CMCT)
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Creative Media and Community Trust Corporation

CMCT's Financial Statements and Analysis



Creative Media and Community Trust Corporation narrowed first quarter of 2024 net loss per share of $-0.54 compare to net loss per share of $-0.56 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.72 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ -0.54 $  34 Mill
$+0.02     $+5M     +17.59 %



Creative Media And Community Trust's Revenue rose by 17.59 % in first quarter of 2024 (Mar 31 2024) year on year, to $34 million and advanced by 15.37 % sequentially.


Creative Media And Community Trust is

More on CMCT's Income Statement



Creative Media And Community Trust in the first quarter of 2024 recorded net loss of $-3.905 million, an improvement compare to net loss of $-7.576 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-8.872 million realized in previous quarter.

More on CMCT's Growth

Creative Media And Community Trust Inventories
CMCT's Cash flow In the first quarter of 2024 company's net cash flow was $1 million, capital expenditures grew by -101.547-98.34%, to $-2 millions compare to same quarter a year ago

More on CMCT's Cash flow Statement


Creative Media and Community Trust Corporation payed out dividend of $0.27 per share in last 52 weeks

In trailing twelve-month period Creative Media and Community Trust Corporation earned $ 0.48 cash per share, on a free-cash flow basis .

Book value fell by -1.23 % sequentially to $16.36 per share, -6.16% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 14.69 per share from $ 8.23.

Company repurchased 0.00 million shares or 0.01 % in Mar 31 2024.


More on CMCT's Dividends

 Market Capitalization (Millions) 66
 Shares Outstanding (Millions) 23
 Total Debt (Millions $) 473
 Revenue (TTM) (Millions $) 124
 Net Income (TTM) (Millions $) -48
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -10
 Dividend TTM ($) 0.27 $
 Dividend Yield TTM (%) 6.9 %
 Employees (TTM) $ -




Creative Media and Community Trust Corporation payed out dividend of $0.27 per share in the last 52 weeks

In trailing twelve-month period Creative Media and Community Trust Corporation had $ 0.48 cash flow per share, on a free-cash flow basis .

Book value fell by -1.23 % sequentially to $16.36 per share, -6.16% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 14.69 per share from $ 8.23.

Company repurchased 0.00 million shares or 0.01 % in Mar 31 2024.


More on CMCT's Balance Sheets

 Market Capitalization (Millions) 66
 Shares Outstanding (Millions) 23
 Total Debt (Millions $) 473
 Revenue (TTM) (Millions $) 124
 Net Income (TTM) (Millions $) -48
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -10
 Dividend TTM ($) 0.27 $
 Dividend Yield TTM (%) 6.9 %
 Employees (TTM) $ -
   


  News about Creative Media and Community Trust Corporation Earnings

Strong Revenue Growth Leads to Promising Results for Creative Media And Community Trust Corporation in Q1 2024

The financial results for the first quarter of 2024 for Creative Media And Community Trust Corporation paint a mixed picture. While the company was able to decrease its loss per share compared to the previous year and improve its income per share, it still reported a net deficit. However, the revenue growth of 17.591% is an impressive feat, outperforming its sector contemporaries who saw a much lower revenue increase.
The fact that Creative Media And Community Trust Corporation was able to reduce its net deficit from the previous year is a positive sign. It shows that the company is making strides towards financial stability and profitability. The improvement in income per share also indicates that the c...

Despite Revenue Growth, Creative Media And Community Trust Corporation (CMCT) Falls Short of Profitability in Q4 2023

Creative Media And Community Trust Corporation (CMCT) announced its financial results for the fourth quarter of 2023, and although its revenue increased by 13.917% to $29.47 million compared to the same period last year, it experienced diminishing returns with a shortfall of $-0.72 per share. Despite this, CMCT's top-line growth outperformed other companies in the Real Estate Investment Trusts industry, which saw an overall revenue rise of 10.87% during the same period. This indicates a positive trend for CMCT's performance in comparison to its peers.
In the preceding financial reporting period, CMCT's revenue also saw a surge of 4.801% from $28.12 million, and its earnings per share (EPS) improved from ...

Creative Media And Community Trust Corporation (CMCT) Achieves Impressive 13.137% Revenue Growth in Fiscal Q3 2023

Creative Media And Community Trust Corporation (CMCT) has reported a 13.1...

Breaking News: Creative Media And Community Trust Corporation Plunges Deeper into Deficit at Fiscal Year End June 30, 2023

During the past week, Creative Media And Community Trust Corporation (CMCT) experienced a drop in shares by -1.78%. This brings the year-to-date performance of the company to -11.42%. However, it is worth noting that CMCT shares are currently trading 13.6% higher than their 52-week low. This indicates that despite recent declines, the company's stock is still performing relatively well compared to its lowest point in the past year.
In the second quarter of 2023, CMCT announced a significant surge in revenue, increasing by 24.077% to $32.76 million compared to the same reporting season in the previous year. Despite this positive growth, the company reported a shortfall per share of $-1.05. This represents...

Revitalized Growth: Creative Media And Community Trust Corporation Surprises With Strong First Quarter Performance in 2023

Creative Media And Community Trust Corporation (CMCTC) is a company that provides media and community-related services. Recently, the company reported its financial results for the fiscal span closing March 31, 2023. According to the report, the company experienced a significant shortfall per share of $-0.56, compared to $-0.12 a year ago and a surge shortfall from $-0.39 in the previous reporting period. On the other hand, the revenue grew respectably by 16.665% to $28.91 million from $24.78 million in the similar reporting period a year ago, and the sequentially advanced revenue by 11.767% from $25.87 million.
However, CMCTC logged a net shortfall of $-7.576 million instead of earnings of $2.302 millio...


Date modified: 2024-05-16T22:04:30+00:00





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