Mill City Ventures III, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 1.12 million compared to USD 0.755601 million a year ago. Net loss was USD 0.036126 million compared to net income of USD 0.031288 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.01 a year ago.
For the nine months, revenue was USD 3.35 million compared to USD 1.98 million a year ago. Net income was USD 0.893993 million compared to USD 2.56 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.53 a year ago.