---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-001178"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T09:11:47.533672+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mitesco reports Q3 net income of $2.0M vs $2.5M loss YoY; restructures $25M in liabilities

## Summary
- Q3 2024 diluted EPS $0.29 (6.3M shares) vs ($0.48) loss on 5.3M shares a year earlier.
- 9-month operating expenses cut to $721,000 from $2.4M year prior; net income $697,000 vs ($15.8M) loss.
- Over $25M in liabilities restructured; additional $4M debt converted to equity post-quarter.
- Centcore data center business sees growing pipeline from municipalities and small financial institutions.
- Appointed Marty Valania to Advisory Board to lead new digital marketing business unit; compensated with 75,000 restricted shares at $0.80/share.

## SEC filing metadata
- accession: 0001185185-24-001178
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518524001178/0001185185-24-001178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518524001178/mitesco20241202_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-001178
- JSON: https://secwatch.observer/filing/0001185185-24-001178.json
- Plain text: https://secwatch.observer/filing/0001185185-24-001178.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.