J.W. Mays Q4 FY2023 net loss widens to $148K; full-year loss narrows sharply

MAYS J W INC

Revenues for Q4 (three months ended July 31, 2023) were $5.41M, down 1.8% from $5.50M a year ago.
Net loss for Q4 was ($148K) or ($0.07) per share vs loss of ($69K) or ($0.03) per share in Q4 2022.
Full-year revenues (12 months) were $22.58M, up 5.5% from $21.40M in FY2022.
Full-year net loss narrowed to ($83K) or ($0.04) per share from ($712K) or ($0.35) per share.
No guidance or dividend changes were provided in the press release.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MAYS J W INC reported twelve months ended July 31, 2023 results: revenue $22,576,455, net income ($82,964), EPS ($.04) per share.

Period: twelve months ended July 31, 2023
Revenue: $22,576,455
Net income: ($82,964)
EPS: ($.04) per share
Result: reported results

Exact text from the filing

2023 were $5,405,506 compared to revenues of $5,504,057 in the comparable 2022 three-month period, while revenues from Operations for the twelve months ended July 31, 2023 were $22,576,455 compared to revenues from Operations of $21,396,035 in the comparable 2022 twelve-month period. Net loss for the three months ended July 31, 2023 was ($148,059), or ($.07) per

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MAYS J W INC reported three months ended July 31, 2023 results: net income ($148,059), EPS ($.07) per share.

Period: three months ended July 31, 2023
Net income: ($148,059)
EPS: ($.07) per share
Result: reported results

Exact text from the filing

Revenues from Operations for the three months ended July 31, 2023 were $5,405,506 compared to revenues of $5,504,057 in the comparable 2022 three-month period, while revenues from Operations for the twelve months ended July 31, 2023 were $22,576,455 compared to revenues from Operations of $21,396,035 in the comparable 2022 twelve-month period.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MAYS J W INC reported three months ended July 31, 2023 results: net income ($148,059), EPS ($.07) per share.

Period: three months ended July 31, 2023
Net income: ($148,059)
EPS: ($.07) per share
Result: reported results

Exact text from the filing

Net loss for the three months ended July 31, 2023 was ($148,059), or ($.07) per share, compared to net loss of ($68,754), or ($.03) per share, in the comparable 2022 three-month period.

View on SEC.gov

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Source: SEC EDGAR

accession 0001206774-23-001195

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