Press Release: Mill City Ventures III, Ltd. Reports Record Second Quarter 2021 Results
Press Release: Mill City Ventures III, Ltd. Reports Record Second Quarter 2021 Results
Press Release: Mill City Ventures III, Ltd. Reports Record Second Quarter 2021 Results
新聞稿：MILL City Ventures III，Ltd報告創紀錄的2021年第二季度業績
Mill City Ventures III, Ltd. Reports Record Second Quarter 2021 Results
MILL City Ventures III，Ltd公佈創紀錄的2021年第二季度業績
PR Newswire
美通社
MINNEAPOLIS, Aug. 16, 2021
明尼阿波利斯，2021年8月16日
MINNEAPOLIS, Aug. 16, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. ("Mill City" or the "Company") (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its revenue and net income for the quarter ended June 30, 2021.
亞洲網明尼阿波利斯2021年8月16日電非銀行貸款和專業金融公司Mill City Ventures III，Ltd.(以下簡稱“Mill City”或“公司”)(場外交易市場代碼：MCVT)今天公佈了截至2021年6月30日的季度的收入和淨收入。
-- Interest income increased 144% to $675,549 from $276,425 from the second quarter a year ago -- Earnings from operations increased 515% to $425,393 from $69,546 from the second quarter a year ago -- Shareholder equity increased 22% to $14.2M from $11.6M from December 31, 2020
--利息收入從去年同期的276425美元增加到675,549美元，增幅為144%--運營收益從去年同期的69,546美元增加到425,393美元，增幅為515%--股東權益從2020年12月31日的1160萬美元增加到1420萬美元，增幅為22%。
"We have seen a tremendous opportunity during the last six months. Our ability to engage in due diligence and understand the needs of the borrower and respond quickly resulted in the Company growing its loan portfolio from $2.8M to $10.9M in the first six months of 2021. The nexus of keeping cash available for loans and using our sourcing networks has positively affected all aspects of our business from the income statement to the balance sheet," commented Chief Executive Officer Douglas M. Polinsky.
首席執行官道格拉斯·M·波林斯基(Douglas M.Polinsky)評論道：“在過去的六個月裏，我們看到了巨大的機遇。我們進行盡職調查、瞭解借款人的需求並迅速做出反應的能力，導致公司的貸款組合在2021年前六個月從280萬美元增加到1090萬美元。保持現金可用於貸款和利用我們的採購網絡的關係對我們業務的方方面面都產生了積極影響，從損益表到資產負債表，”首席執行官道格拉斯·M·波林斯基(Douglas M.Polinsky)評論道。
"The additional opportunity to provide third party financing to the buyers on gunbroker.com, a wholly owned subsidiary of Ammo, Inc. (NASDAQ: POWW) has the potential to dramatically grow our loan book in a compressed amount of time."
在Ammo公司(納斯達克市場代碼：POWW)的全資子公司Gunbroker.com上向買家提供第三方融資的額外機會有可能在壓縮的時間內極大地增加我們的貸款賬簿。“
The Company continues to explore opportunities in real estate bridge loans, title loans, insurance claims, litigation financing and business acquisitions. The Company seeks to structure the vast majority of its loan transactions by dollar amount with short-term maturities of nine months.
該公司繼續在房地產過渡性貸款、所有權貸款、保險索賠、訴訟融資和業務收購方面探索機會。該公司尋求以美元金額安排其絕大多數貸款交易的結構，短期期限為9個月。
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including without limitation continued demand for short-term specialty non-bank loans, increased levels of competition, new products or offerings introduced by competitors, changes in the market rates of loans, and other risks.
本新聞稿中的前瞻性陳述是根據1995年“私人證券訴訟改革法”中的“安全港”條款作出的。這些前瞻性陳述會受到風險、不確定因素和其他因素的影響，這些因素可能導致實際結果與前瞻性陳述明示或暗示的未來結果大不相同，這些因素包括但不限於對短期專業非銀行貸款的持續需求、競爭加劇、競爭對手推出的新產品或產品、貸款市場利率的變化以及其他風險。
About Mill City Ventures III, Ltd.
關於Mill City Ventures III，Ltd.
Founded in 2007, Mill City Ventures III, Ltd., is a short-term non-bank lending and specialty finance company.
Mill City Ventures III有限公司成立於2007年，是一家短期非銀行貸款和專業金融公司。
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SOURCE Mill City Ventures III, Ltd.
Source Mill City Ventures III，Ltd.(來源磨坊城市風險投資III有限公司)
/CONTACT: Joseph A. Geraci, CFO, 952-479-1920
聯繫方式：約瑟夫·A·格拉奇(Joseph A.Geraci)，CFO，952-479-1920
(END) Dow Jones Newswires
(完)道瓊通訊社
August 16, 2021 07:44 ET (11:44 GMT)
美國東部時間2021年8月16日07：44(格林尼治標準時間11：44)
譯文內容由第三人軟體翻譯。