Press Release: Mill City Ventures III, Ltd. Reports Record Quarterly Results
Press Release: Mill City Ventures III, Ltd. Reports Record Quarterly Results
Mill City Ventures III, Ltd. Reports Record Quarterly Results
MILL City Ventures III有限公司公佈創紀錄的季度業績
PR Newswire
美通社
MINNEAPOLIS, Nov. 15, 2021
明尼阿波利斯，2021年11月15日
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 September 30, 2021.
亞洲網明尼阿波利斯11月15日電非銀行貸款和專業金融公司Mill City Ventures III，Ltd.(場外交易市場代碼：MCVT)今天公佈了截至2021年9月30日的季度的收入和淨收入。
-- Interest income increased 163% to $755k compared to $287k in the prior
period
-- Earnings from operations increased 386% to $516k compared to $106k in the
prior period
-- Shareholder equity increased 13% to $13.4M, up from $11.6M at December
31, 2020, and after the payment of $1.5M in dividends
-利息收入增長163%，達到75.5萬美元，而去年同期為2.87億美元期間-運營收益增長386%，達到51.6萬美元，而去年同期為1.06億美元前期-股東權益增加13%，達到1340萬美元，高於去年12月的1160萬美元2020年31日，在支付了150萬美元的股息後
"Our ability to source, conduct due diligence and fund loans has resulted in another record quarter for us," said Chief Executive Officer Douglas M. Polinsky. "We use our network of contacts for financing opportunities and our approach continues to bear fruit in a record quarter for Mill City that keeps us on track for yet another record year."
首席執行官道格拉斯·M·波林斯基(Douglas M.Polinsky)表示：“我們獲得貸款、進行盡職調查和為貸款提供資金的能力，為我們創造了又一個創紀錄的季度業績。”我們利用我們的聯繫人網絡尋找融資機會，我們的方法繼續在米爾城創紀錄的季度結出碩果，使我們在又一個創紀錄的一年保持在正軌上。“
"Our revenue growth continues to outpace the growth in operational expenses allowing for us to expand our net margins," he continued. "In addition, we continue to return capital to our stockholders by issuing over $1.5M in dividends in 2020."
他繼續説：“我們的收入增長繼續超過運營費用的增長，這使我們能夠擴大我們的淨利潤率。”“此外，我們將繼續向股東返還資本，在2020年發放逾150萬美元的股息。”
Revenues for the nine-month period increased to $1.98M from $740k for the same period a year ago. Net earnings for the nine-month period increased to $954k from $255k from the same period a year ago.
這9個月的營收從去年同期的7.4億美元增至198萬美元。這9個月的淨收益從去年同期的255萬美元增加到95.4萬美元。
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 majority of its loan transactions (by dollar amount) with short-term maturities of nine months or less.
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。該公司尋求將其大部分貸款交易(按美元金額)安排在9個月或更短的短期到期日。
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
/Web site: http://www.millcityventures3.com
網址：http://www.millcityventures3.com
譯文內容由第三人軟體翻譯。