Mill City Ventures III Ltd
NASDAQ:MCVT
Income Statement
Earnings Waterfall
Mill City Ventures III Ltd
Income Statement
Mill City Ventures III Ltd
| Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+300%
|
0
+75%
|
0
+114%
|
0
+60%
|
0
+42%
|
0
+35%
|
1
+13%
|
1
+6%
|
1
+4%
|
1
-12%
|
0
-14%
|
0
-2%
|
0
-7%
|
0
-13%
|
0
-12%
|
0
-20%
|
0
-29%
|
0
N/A
|
0
N/A
|
0
-12%
|
0
N/A
|
0
+7%
|
0
N/A
|
0
+6%
|
0
-6%
|
0
+88%
|
1
+80%
|
1
+46%
|
1
+65%
|
2
+28%
|
2
+24%
|
3
+23%
|
3
+5%
|
3
+17%
|
4
+18%
|
4
+10%
|
4
+4%
|
4
-3%
|
4
-8%
|
3
-11%
|
3
-1%
|
3
-1%
|
3
-1%
|
3
0%
|
3
+2%
|
3
-2%
|
3
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
(0)
N/A
|
(0)
-50%
|
(0)
N/A
|
(0)
N/A
|
(0)
+67%
|
(0)
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(0)
N/A
|
(0)
N/A
|
(0)
N/A
|
(0)
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Selling, General & Administrative |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(0)
N/A
|
(0)
-10%
|
(0)
-9%
|
(0)
-25%
|
(0)
+3%
|
(0)
N/A
|
(0)
+7%
|
(0)
+26%
|
(0)
+15%
|
(0)
+12%
|
(0)
+7%
|
(0)
+7%
|
(0)
-8%
|
(0)
N/A
|
(0)
N/A
|
(0)
N/A
|
(0)
+21%
|
(0)
N/A
|
(0)
+9%
|
(0)
-30%
|
(0)
-23%
|
(0)
-88%
|
(0)
-43%
|
(1)
-23%
|
(1)
-8%
|
(0)
+14%
|
(0)
+18%
|
(0)
+25%
|
(0)
-53%
|
(0)
+24%
|
(0)
+17%
|
(0)
N/A
|
(0)
+76%
|
(0)
-86%
|
(0)
-46%
|
(0)
+5%
|
(0)
-28%
|
(0)
-30%
|
(0)
-30%
|
(0)
-18%
|
(1)
-13%
|
(1)
-4%
|
(1)
+4%
|
(1)
-2%
|
(1)
N/A
|
(1)
-4%
|
(1)
-20%
|
(1)
-5%
|
(1)
+3%
|
(0)
+34%
|
(0)
+70%
|
0
N/A
|
1
+331%
|
1
-11%
|
1
+72%
|
1
+48%
|
1
+2%
|
2
+40%
|
2
+19%
|
2
-24%
|
1
-39%
|
(1)
N/A
|
(1)
-77%
|
(1)
+34%
|
(0)
+44%
|
1
N/A
|
1
+10%
|
1
-1%
|
1
+9%
|
1
-6%
|
1
+11%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
1
|
1
|
0
|
(4)
|
(3)
|
(3)
|
(3)
|
0
|
1
|
1
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
3
|
1
|
1
|
0
|
(2)
|
(0)
|
1
|
2
|
5
|
5
|
4
|
3
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
|
| Pre-Tax Income |
(0)
N/A
|
(0)
-10%
|
(0)
-9%
|
(0)
-25%
|
(0)
+7%
|
(0)
-4%
|
(0)
+7%
|
(0)
+26%
|
(0)
+15%
|
(0)
+12%
|
(0)
+7%
|
(0)
N/A
|
(0)
-7%
|
(0)
N/A
|
(0)
N/A
|
(0)
N/A
|
(0)
+13%
|
(0)
-8%
|
(0)
N/A
|
(0)
-21%
|
(0)
-12%
|
(0)
-74%
|
(0)
+58%
|
(0)
-93%
|
(0)
+22%
|
1
N/A
|
0
-51%
|
2
+478%
|
1
-53%
|
0
-64%
|
0
-91%
|
(4)
N/A
|
(3)
+34%
|
(3)
-7%
|
(3)
+6%
|
0
N/A
|
1
+1 200%
|
1
-2%
|
1
+86%
|
1
-4%
|
1
-40%
|
1
+82%
|
1
+1%
|
2
+34%
|
2
-2%
|
2
+37%
|
1
-66%
|
(0)
N/A
|
(1)
-500%
|
(2)
-218%
|
(0)
+90%
|
1
N/A
|
3
+247%
|
5
+108%
|
6
+10%
|
5
-10%
|
4
-25%
|
2
-47%
|
2
-20%
|
2
-5%
|
0
-92%
|
(1)
N/A
|
(2)
-26%
|
(1)
+20%
|
(2)
-13%
|
(0)
+94%
|
0
N/A
|
0
+292%
|
2
+319%
|
2
+1%
|
2
+25%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
|
| Income from Continuing Operations |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
2
|
1
|
0
|
0
|
(4)
|
(3)
|
(3)
|
(3)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
(0)
|
(1)
|
(2)
|
(0)
|
1
|
2
|
4
|
4
|
4
|
3
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
1
|
1
|
2
|
|
| Net Income (Common) |
(0)
N/A
|
(0)
-10%
|
(0)
-9%
|
(0)
-25%
|
(0)
+7%
|
(0)
-4%
|
(0)
+7%
|
(0)
+26%
|
(0)
+15%
|
(0)
+12%
|
(0)
+7%
|
(0)
N/A
|
(0)
-7%
|
(0)
N/A
|
(0)
N/A
|
(0)
N/A
|
(0)
+13%
|
(0)
-8%
|
(0)
N/A
|
(0)
-21%
|
(0)
-12%
|
(0)
-74%
|
(0)
+58%
|
(0)
-93%
|
(0)
+22%
|
1
N/A
|
0
-51%
|
2
+478%
|
1
-53%
|
0
-64%
|
0
-91%
|
(4)
N/A
|
(3)
+34%
|
(3)
-7%
|
(3)
+6%
|
0
N/A
|
1
+1 200%
|
1
-2%
|
1
+86%
|
1
-4%
|
1
-40%
|
1
+82%
|
1
+1%
|
2
+34%
|
2
-2%
|
2
+37%
|
1
-66%
|
(0)
N/A
|
(1)
-500%
|
(2)
-218%
|
(0)
+90%
|
1
N/A
|
2
+207%
|
4
+92%
|
4
+4%
|
4
-12%
|
3
-27%
|
1
-47%
|
1
-17%
|
1
-6%
|
0
-91%
|
(1)
N/A
|
(1)
-44%
|
(1)
+28%
|
(1)
-9%
|
(0)
+94%
|
0
N/A
|
0
+34%
|
1
+215%
|
1
+6%
|
2
+21%
|
|
| EPS (Diluted) |
-0.68
N/A
|
-0.7
-3%
|
-0.72
-3%
|
-0.83
-15%
|
-0.82
+1%
|
-0.79
+4%
|
-0.75
+5%
|
-0.53
+29%
|
-0.44
+17%
|
-0.37
+16%
|
-0.36
+3%
|
-0.35
+3%
|
-0.36
-3%
|
-0.36
N/A
|
-0.33
+8%
|
-0.35
-6%
|
-0.28
+20%
|
-0.3
-7%
|
-0.29
+3%
|
-0.36
-24%
|
-0.39
-8%
|
-0.17
+56%
|
-0.02
+88%
|
-0.04
-100%
|
-0.05
-25%
|
0.14
N/A
|
0.07
-50%
|
0.38
+443%
|
0.18
-53%
|
0.06
-67%
|
0
N/A
|
-0.77
N/A
|
-0.51
+34%
|
-0.54
-6%
|
-0.51
+6%
|
0.01
N/A
|
0.12
+1 100%
|
0.12
N/A
|
0.22
+83%
|
0.21
-5%
|
0.13
-38%
|
0.25
+92%
|
0.26
+4%
|
0.35
+35%
|
0.34
-3%
|
1.03
+203%
|
0.15
-85%
|
-0.02
N/A
|
-0.3
-1 400%
|
-0.42
-40%
|
-0.04
+90%
|
0.15
N/A
|
1.03
+587%
|
0.88
-15%
|
0.92
+5%
|
1.82
+98%
|
1.33
-27%
|
0.31
-77%
|
0.57
+84%
|
0.21
-63%
|
0.02
-90%
|
-0.16
N/A
|
-0.25
-56%
|
-0.18
+28%
|
-0.19
-6%
|
-0.01
+95%
|
0.04
N/A
|
0.05
+25%
|
0.18
+260%
|
0.19
+6%
|
0.24
+26%
|
|