Mill City Ventures III, Ltd. (MCVT)

NASDAQ: MCVT · Real-Time Price · USD
1.926
+0.016 (0.86%)
Dec 12, 2024, 4:00 PM EST - Market closed
0.86%
Market Cap 12.30M
Revenue (ttm) 3.23M
Net Income (ttm) 371,079
Shares Out 6.39M
EPS (ttm) 0.05
PE Ratio 39.21
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,274
Open 1.926
Previous Close 1.910
Day's Range 1.926 - 1.990
52-Week Range 1.746 - 3.880
Beta 0.94
Analysts n/a
Price Target n/a
Earnings Date Nov 12, 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]

Industry Credit Services
Sector Financials
Founded 2007
Employees 3
Stock Exchange NASDAQ
Ticker Symbol MCVT
Full Company Profile

Financial Performance

Financial Statements

News

Mill City Ventures III, Ltd. Reports 2024 Third Quarter Financial Results

MINNEAPOLIS, MN / ACCESSWIRE / November 12, 2024 / Mill City Ventures III, Ltd. (Nasdaq:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced financial re...

4 weeks ago - Accesswire

Mill City Announces Stock Repurchase Program

MINNEAPOLIS, MN / ACCESSWIRE / October 16, 2024 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT), a non-bank lender and specialty finance company, today announced the Compan...

2 months ago - Accesswire

Mill City Ventures III, Ltd. Advances $2 Million To Award-Winning Holiday Light Maze Experience

MINNEAPOLIS, MN / ACCESSWIRE / September 30, 2024 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a non-bank lender and specialty finance company, announced today its funding of a $2 milli...

2 months ago - Accesswire

Mill City Ventures III, Ltd. Advances $1.15 Million To Award-winning Senior Care Provider

MINNEAPOLIS, MN / ACCESSWIRE / September 13, 2024 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a non-bank lender and specialty finance company, announced today its funding of a $1.15 mi...

3 months ago - Accesswire

Mill City Ventures III, Ltd. Reports 2024 Second Quarter Financial Results

MINNEAPOLIS, MN / ACCESSWIRE / August 15, 2024 / Mill City Ventures III, Ltd. (NASDAQ:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced financial resu...

4 months ago - Accesswire

Mill City Ventures III, Ltd. Reports 2024 First Quarter Results

MINNEAPOLIS, MN / ACCESSWIRE / May 16, 2024 / Mill City Ventures III, Ltd. (NASDAQ:MCVT), a non-bank lender and specialty finance company, disclosed its revenue and net income for the quarter ended Ma...

7 months ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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.

1 year ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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 ...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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 ...

2 years ago - Accesswire

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 ...

2 years ago - Accesswire

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 ...

2 years ago - GuruFocus

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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 ...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - PRNewsWire

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...

2 years ago - Newsfile Corp

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...

2 years ago - PRNewsWire