MCVT
Income statement / Annual
Last year (2023), Mill City Ventures III, Ltd.'s total revenue was $3.30 M,
a decrease of 0.63% from the previous year.
In 2023, Mill City Ventures III, Ltd.'s net income was -$1.17 M.
See Mill City Ventures III, Ltd.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$3.30 M
|
$3.32 M
|
$5.24 M
|
$3.24 M
|
$177,444.00
|
$2.33 M
|
$1.36 M
|
$1.27 M
|
$568,082.00
|
$1.77 M
|
| Cost of Revenue |
$68,421.00 |
$73,146.00 |
$66,459.00 |
$66,307.00 |
$73,685.00 |
$248,101.00 |
$217,275.00 |
$82,901.00 |
$2.75 M |
$82,058.00 |
| Gross Profit |
$3.23 M |
$3.25 M |
$5.17 M |
$3.17 M |
$103,759.00 |
$2.08 M |
$1.15 M |
$1.18 M |
-$2.18 M |
$1.68 M |
| Gross Profit Ratio |
0.98 |
0.98 |
0.99 |
0.98 |
0.58 |
0.89 |
0.84 |
0.93 |
-3.84 |
0.95 |
| Research and Development
Expenses |
$0.00
|
$0.03
|
$0.57
|
$1.92
|
-$0.19
|
-$3.83
|
$0.95
|
$3.14
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$1.79 M
|
$1.95 M
|
$731,860.00
|
$365,918.00
|
$418,168.00
|
$344,635.00
|
$374,161.00
|
$328,668.00
|
$372,659.00
|
$333,734.00
|
| Selling & Marketing
Expenses |
-$68,421.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$1.72 M
|
$1.95 M
|
$731,860.00
|
$365,918.00
|
$418,168.00
|
$344,635.00
|
$374,161.00
|
$328,668.00
|
$372,659.00
|
$333,734.00
|
| Other Expenses |
$1.93 M |
$614,736.00 |
$622,891.00 |
$369,872.00 |
$416,262.00 |
$336,411.00 |
$314,925.00 |
$290,275.00 |
$266,927.00 |
$465,692.00 |
| Operating Expenses |
$3.64 M |
$2.56 M |
$1.35 M |
$735,790.00 |
$834,430.00 |
$681,046.00 |
$689,086.00 |
$618,943.00 |
$639,586.00 |
$799,426.00 |
| Cost And Expenses |
$3.72 M |
$2.56 M |
$1.35 M |
$735,790.00 |
$834,430.00 |
$681,046.00 |
$689,086.00 |
$618,943.00 |
$639,586.00 |
$799,426.00 |
| Interest Income |
$3.30 M |
$4.20 M |
$2.66 M |
$1.28 M |
$112,189.00 |
$109,795.00 |
$130,463.00 |
$289,990.00 |
$478,331.00 |
$239,425.00 |
| Interest Expense |
$78,000.00 |
$195,893.00 |
$9,511.00 |
$0.00 |
$0.00 |
$0.00 |
$130,463.00 |
$289,990.00 |
$478,331.00 |
$239,425.00 |
| Depreciation &
Amortization |
-$1.12 M
|
$4.02 M
|
$2.89 M
|
-$1.20 M
|
$4.07 M
|
-$2.08 M
|
$38,065.00
|
-$440,474.00
|
$12,849.00
|
$12,658.00
|
| EBITDA |
-$1.54 M
|
$952,499.00
|
$3.89 M
|
$563,918.00
|
-$654,412.00
|
-$520,194.00
|
-$504,187.00
|
-$217,894.00
|
-$58,655.00
|
-$446,417.00
|
| EBITDA Ratio |
-0.47 |
0.29 |
0.74 |
0.77 |
-3.69 |
-1.16 |
-1.24 |
-0.87 |
4.58 |
-1.06 |
| Operating Income Ratio
|
-0.13
|
0.29
|
0.74
|
0.77
|
-3.7
|
-0.23
|
-0.38
|
0.18
|
0.13
|
0.26
|
| Total Other
Income/Expenses Net |
-$1.20 M
|
-$835,893.00
|
$0.00
|
$1.94 M
|
$13,208.00
|
$2.18 M
|
$1.19 M
|
$876,398.00
|
-$2.66 M
|
$1.43 M
|
| Income Before Tax |
-$1.62 M |
$756,606.00 |
$3.89 M |
$2.50 M |
-$656,986.00 |
$1.65 M |
$675,443.00 |
$646,120.00 |
-$2.73 M |
$966,462.00 |
| Income Before Tax Ratio
|
-0.49
|
0.23
|
0.74
|
0.77
|
-3.7
|
0.71
|
0.5
|
0.51
|
-4.81
|
0.55
|
| Income Tax Expense |
-$454,554.00 |
$178,869.00 |
$1.05 M |
$288,401.00 |
$4.00 |
-$4.36 M |
-$2.51 M |
-$2.04 M |
$4.84 M |
-$3.09 M |
| Net Income |
-$1.17 M |
$577,737.00 |
$2.83 M |
$2.21 M |
-$656,986.00 |
$1.65 M |
$675,443.00 |
$646,120.00 |
-$2.73 M |
$966,462.00 |
| Net Income Ratio |
-0.35 |
0.17 |
0.54 |
0.68 |
-3.7 |
0.71 |
0.5 |
0.51 |
-4.81 |
0.55 |
| EPS |
-0.19 |
0.11 |
0.59 |
0.46 |
-0.13 |
0.34 |
0.14 |
0.11 |
-0.51 |
0.18 |
| EPS Diluted |
-0.19 |
0.11 |
0.59 |
0.46 |
-0.13 |
0.34 |
0.14 |
0.11 |
-0.51 |
0.18 |
| Weighted Average Shares
Out |
$6.25 M
|
$5.33 M
|
$4.80 M
|
$4.83 M
|
$4.92 M
|
$4.92 M
|
$5.27 M
|
$5.40 M
|
$5.40 M
|
$5.41 M
|
| Weighted Average Shares
Out Diluted |
$6.25 M
|
$5.33 M
|
$4.80 M
|
$4.83 M
|
$4.92 M
|
$4.92 M
|
$5.27 M
|
$5.40 M
|
$5.40 M
|
$5.41 M
|
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