Mill City Ventures III, Ltd. (MCVT)
Market Cap | 16.67M |
Revenue (ttm) | 2.51M |
Net Income (ttm) | -594,019 |
Shares Out | 6.39M |
EPS (ttm) | -0.05 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 155 |
Open | 2.610 |
Previous Close | 2.570 |
Day's Range | 2.550 - 2.680 |
52-Week Range | 2.030 - 3.770 |
Beta | 0.99 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 20, 2024 |
About MCVT
Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc. Mill City Ventures III, Ltd. was founded in January, 2006 and ... [Read more]
Financial Performance
In 2022, MCVT's revenue was $3.32 million, a decrease of -36.54% compared to the previous year's $5.23 million. Earnings were $106,958, a decrease of -96.22%.
Financial StatementsNews
Mill City Ventures III, Ltd. Extends Further Credit to Mustang Litigation Funding
MINNEAPOLIS, MN / ACCESSWIRE / September 11, 2023 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a specialty short-term finance and non-bank lender, announced today that it extended an ad...
Mill City Ventures III, Ltd. Reports 2022 Fourth Quarter and Full Year Financial Results
Investment Income from Lending Operations Increases 58% Shareholder Equity Increases 36.7% Mustang Acquisition on Pace to Close in 2023 Second Half MINNEAPOLIS, MN / ACCESSWIRE / April 17, 2023 / Mill...
Mill City Ventures Makes $1.2 Million Short-Term Loan
MINNEAPOLIS, MN / ACCESSWIRE / March 10, 2023 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT) announced today it has completed the financing of a $1.2 million loan.
Mill City Provides $2.5 Million Short-Term Bridge for Real-Estate Venture
MINNEAPOLIS, MN / ACCESSWIRE / February 2, 2023 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT) announced today it has provided a $2.5 million bridge loan for a multi-famil...
Mill City Ventures III, Ltd. Provides Short-Term Loan to Mustang Litigation Funding
MINNEAPOLIS, MN / ACCESSWIRE / December 14, 2022 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a specialty short-term finance and non-bank lender, announced today that, in accordance wit...
Mill City Ventures III, Ltd. Enters into Letter of Intent to Acquire Mustang Funding, LLC
MINNEAPOLIS, MN / ACCESSWIRE / December 6, 2022 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a specialty short-term finance and non-bank lender, announced today that it has entered into...
Mill City Ventures III, Ltd. Reports 2022 Third Quarter Financial Results Investment Income From Lending Operations Increases 47.5% Shareholder Equity Increases 39%
MINNEAPOLIS, MN / ACCESSWIRE / November 21, 2022 / Mill City Ventures III, Ltd. (Nasdaq:MCVT) ("Mill City" or the "Company") a non-bank lender and specialty finance company, today announced financial ...
Mill City Funds $855,000 Short-Term Insurance Settlement
MINNEAPOLIS, MN / ACCESSWIRE / November 3, 2022 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (Nasdaq:MCVT) announced today its funding of a settled insurance claim in the amount of $8...
Mill City Ventures to Present at Sidoti November Microcap Conference
MINNEAPOLIS, MN / ACCESSWIRE / November 2, 2022 / Mill City Ventures III, Ltd. (Nasdaq:MCVT) announced that Chief Executive Officer, Douglas Polinsky, and Chief Financial Officer, Joseph Geraci, are s...
Mill City Provides Short-Term Funding to Facilitate Merger of Podcast Platforms
MINNEAPOLIS, MN / ACCESSWIRE / October 18, 2022 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT) announced today it has provided $2.225 million of short-term debt financing ...
Mill City Funds $840,000 Short-Term Insurance Settlement
MINNEAPOLIS, MN / ACCESSWIRE / September 13, 2022 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT) announced today its funding of a settled insurance claim in the amount of ...
Mill City Ventures III: A Hidden Gem in the Specialty Finance Domain
Some banks have been taking a more cautious approach towards lending as a result of the unfavorable economic situation. When combined with the rate hikes by the Federal Reserve, the gap between banks ...
Mill City Ventures III Ltd. Funds a $550,000 Short-Term Insurance Settlement
MINNEAPOLIS, MN / ACCESSWIRE / August 24, 2022 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT) announced today its funding of a settled insurance claim in the amount of $55...
Mill City Ventures III, Ltd. Reports 2022 Second Quarter Financial Results
MINNEAPOLIS, MN / ACCESSWIRE / August 16, 2022 / Mill City Ventures III, Ltd. (NASDAQ:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced financial resu...
Mill City Ventures III, Ltd. Announces Closing of $5.0 Million Public Offering and Uplisting to Nasdaq
MINNEAPOLIS, MN / ACCESSWIRE / August 11, 2022 / Mill City Ventures III, Ltd. (NasdaqCM:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced the closing ...
Mill City Ventures III, Ltd. Provides 2nd Quarter Fiscal 2022 Guidance Revenue Increased 83% Year Over Year and 83% for 6-Month Period
MINNEAPOLIS, MN / ACCESSWIRE / August 10, 2022 / Mill City Ventures III, Ltd. (NASDAQ:MCVT), a leading non-bank lender and specialty finance company is pleased to provide guidance for the second quart...
Mill City Ventures III, Ltd. Announces Pricing of $5.0 Million Public Offering and Concurrent Uplisting to the Nasdaq Capital Market
MINNEAPOLIS , Aug. 9, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd. (NasdaqCM: MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced the pricing of it...
SmallCapsDaily: Mill City Ventures Outperforms in the Specialty Finance Space
New York, New York--(Newsfile Corp. - August 2, 2022) - Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, was the subject of recent coverage by leading finan...
Mill City Ventures III, Ltd. Reports Quarterly Results
MINNEAPOLIS , May 16, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, disclosed its revenue and net income for the quarter ended March...
Mill City Ventures reports record year for revenues, earnings for 2021
WAYZATA, Minn., March 17, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd.
Mill City Ventures III, Ltd. Advances $3.4 Million To Developer For Glendale, AZ Townhome Project; Anticipated 53% Annualized Return
MINNEAPOLIS, March 7, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB:MCVT), a non-bank lender and specialty finance company, announced today its funding of a $3.4 million short-term loan to ...
Mill City Ventures Closes on $3.9 million Funding The Single Largest Transaction In Corporate History
MINNEAPOLIS, Feb. 28, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its funding of a pre-closing to the sale of a 35...
Mill City Ventures Files S-1 Registration Statement
MINNEAPOLIS, Feb. 16, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company announced the filing of an S-1 registration statement contemplati...
Mill City Ventures Participates in $1.25M Short Term Insurance Settlement, Continuing to Pursue Additional Lending in Settled Claims, Asset-Based Loans, Real Estate Backed Loans and Other Bespoke Lending Opportunities
MINNEAPOLIS, Feb. 7, 2022 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company announced today its funding of a settled insurance claim.
Mill City Ventures III, Ltd. Reports Record Quarterly Results
MINNEAPOLIS, Nov. 15, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its revenue and net income for the quarter ended...