Mill City Ventures III, Ltd. (MCVT)

Mill City Ventures III Balance Sheet

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
Cash & Equivalents	1.75	6.03	0.38	1.09	1.94	5.44
Cash & Short-Term Investments	1.75	6.03	0.38	1.09	1.94	5.44
Cash Growth	246.54%	1502.59%	-65.49%	-43.72%	-64.41%	-32.55%
Accounts Receivable	0.34	0.19	0.26	0.25	0.32	0.09
Receivables	0.34	0.19	0.51	0.5	0.57	0.34
Prepaid Expenses	0.05	0.03	0.17	0.22	0.08	0.04
Total Current Assets	2.14	6.25	1.06	1.81	2.59	5.82
Property, Plant & Equipment	-	-	0.01	0.02	0	0.02
Long-Term Investments	16.98	13.45	17.28	16.71	14.1	6.67
Long-Term Deferred Tax Assets	0.73	0.77	0.76	0.2	-	-
Total Assets	19.85	20.47	19.11	18.73	16.7	12.51
Accounts Payable	0.04	0.04	0.07	0.14	1.96	0.03
Accrued Expenses	0.01	0.53	0.44	0.64	-	-
Current Portion of Leases	-	-	0.01	0.02	0.01	-
Current Income Taxes Payable	0.22	0.15	-	-	1.27	0.01
Other Current Liabilities	-	-	-	-	0	0.54
Total Current Liabilities	0.27	0.72	0.52	0.79	3.24	0.59
Long-Term Leases	-	-	-	-	-	0.03
Long-Term Unearned Revenue	-	-	-	0.07	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.05	0.26
Total Liabilities	0.27	0.72	0.52	0.86	3.28	0.87
Common Stock	0.01	0.01	0.01	0.01	-	0.01
Additional Paid-In Capital	16.3	16.93	16.93	15.05	10.69	10.67
Retained Earnings	3.27	2.82	1.65	2.82	2.71	0.96
Comprehensive Income & Other	-	-	-	-	0.01	-
Shareholders' Equity	19.58	19.76	18.59	17.87	13.41	11.64
Total Liabilities & Equity	19.85	20.47	19.11	18.73	16.7	12.51
Total Debt	-	-	0.01	0.02	0.01	0.03
Net Cash (Debt)	1.75	6.03	0.37	1.07	1.93	5.41
Net Cash Growth	249.13%	1543.15%	-65.82%	-44.41%	-64.35%	-32.50%
Net Cash Per Share	0.27	0.93	0.06	0.20	0.40	1.12
Filing Date Shares Outstanding	6.32	6.39	6.39	6.19	4.8	4.79
Total Common Shares Outstanding	6.32	6.39	6.39	6.19	4.8	4.79
Working Capital	1.87	5.53	0.54	1.02	-0.64	5.23
Book Value Per Share	3.10	3.09	2.91	2.89	2.80	2.43
Tangible Book Value	19.58	19.76	18.59	17.87	13.41	11.64
Tangible Book Value Per Share	3.10	3.09	2.91	2.89	2.80	2.43

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

SEC Filings: 10-K · 10-Q