Mill City Ventures III, Ltd. (MCVT)

Mill City Ventures III Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	3.25	3.3	3.3	4.2	2.66	1.3
Revenue	3.25	3.3	3.3	4.2	2.66	1.3
Revenue Growth (YoY)	-0.64%	0.07%	-21.45%	58.10%	104.70%	702.68%
Gross Profit	3.25	3.3	3.3	4.2	2.66	1.3
Selling, General & Admin	1.99	1.98	3.64	3.2	1.35	0.73
Operating Expenses	1.99	1.98	3.64	3.2	1.35	0.74
Operating Income	1.25	1.33	-0.34	1	1.31	0.56
Interest Expense	-	-0	-0.08	-0.2	-0.01	-
EBT Excluding Unusual Items	1.25	1.33	-0.42	0.8	1.3	0.56
Gain (Loss) on Sale of Investments	0.35	0.27	-1.2	-0.68	2.58	1.94
Pretax Income	1.61	1.59	-1.62	0.12	3.89	2.5
Income Tax Expense	0.37	0.43	-0.45	0.01	1.05	0.29
Net Income	1.24	1.17	-1.17	0.11	2.83	2.21
Net Income to Common	1.24	1.17	-1.17	0.11	2.83	2.21
Net Income Growth	-	-	-	-96.22%	27.89%	-
Shares Outstanding (Basic)	6	6	6	5	5	5
Shares Outstanding (Diluted)	6	6	6	5	5	5
Shares Change (YoY)	2.54%	3.88%	17.19%	11.21%	-0.73%	-1.79%
EPS (Basic)	0.19	0.18	-0.19	0.02	0.59	0.46
EPS (Diluted)	0.19	0.18	-0.19	0.02	0.59	0.45
EPS Growth	-	-	-	-96.60%	31.20%	-
Free Cash Flow	1.87	5.65	-1.14	-4.89	-1.89	-2.46
Free Cash Flow Per Share	0.29	0.87	-0.18	-0.92	-0.39	-0.51
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	38.56%	40.16%	-10.37%	23.73%	49.35%	43.30%
Profit Margin	38.11%	35.37%	-35.33%	2.55%	106.58%	170.59%
Free Cash Flow Margin	57.75%	171.16%	-34.49%	-116.40%	-71.01%	-189.82%
EBITDA	-	-	-	-	1.31	0.56
EBITDA Margin	-	-	-	-	49.43%	43.46%
D&A For EBITDA	-	-	-	-	0	0
EBIT	1.25	1.33	-0.34	1	1.31	0.56
EBIT Margin	38.56%	40.16%	-10.37%	23.73%	49.35%	43.30%
Effective Tax Rate	22.96%	26.70%	-	8.27%	27.14%	11.53%
Revenue as Reported	3.25	3.3	3.3	4.2	2.66	1.3

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q