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
新闻稿：MILL City Ventures III，Ltd报告创纪录的2021年第二季度业绩
Mill City Ventures III, Ltd. Reports Record Second Quarter 2021 Results
MILL City Ventures III，Ltd公布创纪录的2021年第二季度业绩
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.
亚洲网明尼阿波利斯2021年8月16日电非银行贷款和专业金融公司Mill City Ventures III，Ltd.(以下简称“Mill City”或“公司”)(场外交易市场代码：MCVT)今天公布了截至2021年6月30日的季度的收入和净收入。
-- 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
--利息收入从去年同期的276425美元增加到675,549美元，增幅为144%--运营收益从去年同期的69,546美元增加到425,393美元，增幅为515%--股东权益从2020年12月31日的1160万美元增加到1420万美元，增幅为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.
首席执行官道格拉斯·M·波林斯基(Douglas M.Polinsky)评论道：“在过去的六个月里，我们看到了巨大的机遇。我们进行尽职调查、了解借款人的需求并迅速做出反应的能力，导致公司的贷款组合在2021年前六个月从280万美元增加到1090万美元。保持现金可用于贷款和利用我们的采购网络的关系对我们业务的方方面面都产生了积极影响，从损益表到资产负债表，”首席执行官道格拉斯·M·波林斯基(Douglas M.Polinsky)评论道。
"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(纳斯达克市场代码：POWW)的全资子公司Gunbroker.com上向买家提供第三方融资的额外机会有可能在压缩的时间内极大地增加我们的贷款账簿。“
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.
该公司继续在房地产过渡性贷款、所有权贷款、保险索赔、诉讼融资和业务收购方面探索机会。该公司寻求以美元金额安排其绝大多数贷款交易的结构，短期期限为9个月。
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.
本新闻稿中的前瞻性陈述是根据1995年“私人证券诉讼改革法”中的“安全港”条款作出的。这些前瞻性陈述会受到风险、不确定因素和其他因素的影响，这些因素可能导致实际结果与前瞻性陈述明示或暗示的未来结果大不相同，这些因素包括但不限于对短期专业非银行贷款的持续需求、竞争加剧、竞争对手推出的新产品或产品、贷款市场利率的变化以及其他风险。
About Mill City Ventures III, Ltd.
关于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有限公司成立于2007年，是一家短期非银行贷款和专业金融公司。
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SOURCE Mill City Ventures III, Ltd.
Source Mill City Ventures III，Ltd.(来源磨坊城市风险投资III有限公司)
/CONTACT: Joseph A. Geraci, CFO, 952-479-1920
联系方式：约瑟夫·A·格拉奇(Joseph A.Geraci)，CFO，952-479-1920
(END) Dow Jones Newswires
(完)道琼通讯社
August 16, 2021 07:44 ET (11:44 GMT)
美国东部时间2021年8月16日07：44(格林尼治标准时间11：44)
译文内容由第三方软件翻译。