Mill City Ventures III, Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 0.864028 million compared to USD 1 million a year ago. Net loss was USD 0.718044 million compared to net income of USD 0.412111 million a year ago.

Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 0.09 a year ago.