Mill City Ventures III, Ltd. (MCVT) Financials

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MCVT Income statement / Annual

Last year (2025), 's total revenue was $3.90 T, an increase of 118,104,444.08% from the previous year. In 2025, 's net income was -$264.95 M. See ,s key income statements, including revenue, expenses, profit, and income.

Period FY-2025 FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 12/31/2025 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Operating Revenue $3.90 T $3.30 M $3.30 M $3.52 M $5.24 M $3.24 M $161.66 K $150.72 K $174.06 K $1.27 M
Cost of Revenue $0.00 $50.13 K $78.00 K $195.89 K $66.46 K $66.31 K $73.69 K $248.10 K $217.28 K $82.90 K
Gross Profit -$1.01 M $3.25 M $3.23 M $3.25 M $5.17 M $3.17 M $103.76 K $2.08 M $1.15 M $1.18 M
Gross Profit Ratio -0 0.98 0.98 0.92 0.99 0.98 0.64 13.82 6.59 0.93
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$3.83 $0.00 $0.00
General & Administrative Expenses $3.08 T $992.27 K $1.72 M $2.19 M $722.35 K $365.92 K $418.17 K $344.64 K $374.16 K $328.67 K
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $3.08 T $992.27 K $1.72 M $2.19 M $722.35 K $365.92 K $418.17 K $344.64 K $374.16 K $328.67 K
Other Expenses -$3.08 T $983.28 K $1.93 M $614.74 K $622.89 K $369.87 K $416.26 K $336.41 K $314.93 K $290.28 K
Operating Expenses $266.09 M $1.98 M $3.64 M $2.69 M $1.36 M $735.79 K $834.43 K $681.05 K $689.09 K $618.94 K
Cost And Expenses $267.94 T $1.98 M $3.72 M $3.20 M $1.36 M $735.79 K $834.43 K $681.05 K $689.09 K $1.04 M
Interest Income $6.79 M $3.30 M $3.30 M $4.20 M $2.66 M $1.28 M $112.19 K $109.80 K $130.46 K $289.99 K
Interest Expense $0.00 $0.00 $78.00 K $195.89 K $9.51 K $0.00 $0.00 $0.00 $0.00 $0.00
Depreciation & Amortization $0.00 -$1.33 M -$1.12 M -$996.00 K $2.07 K $2.07 K $2.57 K $10.13 K $10.84 K $12.38 K
EBITDA -$264.21 M $1.59 M -$1.62 M $952.50 K $3.89 M $563.92 K -$654.00 K -$520.00 K -$504.00 K -$218.00 K
EBITDA Ratio -0 0.48 -0.49 0.27 0.74 0.17 -4.05 -3.45 -2.9 -0.17
Operating Income Ratio -0 0.48 -0.13 0.27 0.74 0.17 -4.06 -3.52 -2.96 -0.17
Total Other Income/Expenses Net $2.89 M $0.00 -$1.20 M -$836.00 K -$247.00 K $1.94 M $13.21 K $2.18 M $1.19 M $415.84 K
Income Before Tax -$264.21 M $1.59 M -$1.62 M $116.61 K $3.89 M $2.50 M -$657.00 K $1.65 M $675.44 K $646.12 K
Income Before Tax Ratio -0 0.48 -0.49 0.03 0.74 0.77 -4.06 10.95 3.88 0.51
Income Tax Expense $743.44 K $425.45 K -$455.00 K $9.65 K $1.06 M $288.40 K $0.00 $0.00 $0.00 -$2.04 M
Net Income -$264.95 M $1.17 M -$1.17 M $106.96 K $2.83 M $2.21 M -$657.00 K $1.65 M $675.44 K $646.12 K
Net Income Ratio -0 0.35 -0.35 0.03 0.54 0.68 -4.06 10.95 3.88 0.51
EPS -6.59 0.18 -0.19 0.02 0.59 0.45 -0.13 0.34 0.14 0.11
EPS Diluted -6.59 0.18 -0.19 0.02 0.59 0.46 -0.13 0.34 0.14 0.11
Weighted Average Shares Out $40.21 M $6.49 M $6.25 M $5.33 M $4.80 M $4.83 M $4.92 M $4.92 M $5.27 M $5.40 M
Weighted Average Shares Out Diluted $40.21 M $6.49 M $6.25 M $5.33 M $4.80 M $4.83 M $4.92 M $4.92 M $5.27 M $5.40 M
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