Thu, Jun 12, 1:03 PM (31 days ago)
**J.W. Mays, Inc. (MAYS) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Q1 2025 revenue was $5,632,151, up from $5,364,324 in Q1 2024, driven by increased rent from existing and new tenants. - **Profit Margins:** Q1 2025 saw a net income of $86,784, a significant improvement from a net loss of $(84,880) in Q1 2024. This was due to reduced legal, professional, and administrative fees, and increased rent. - **Cash Flow:** Operating activities provided $3,347,851 in cash for the nine months ending April 30, 2025, up from $2,852,137 in the same period last year. Investing activities used $(1,723,076), and financing activities used $(615,073). **Earnings Changes & Trends:** - **Q1 2025 vs. Q1 2024:** Improved net income due to increased rent and reduced expenses. - **Nine Months Ended April 30, 2025 vs. 2024:** Net loss decreased to $(44,240) from $(375,483), primarily due to increased rent and reduced executive payroll costs. - **Future Operations:** The company anticipates $1.2 million in capital expenditures over the next twelve months. Liquidity sources include cash from operations and borrowings. **Uncertainties & Future Impact:** - **Mortgage Risk:** A significant mortgage with a balloon payment demand provision could impact short-term liquidity. - **Economic Factors:** The company's performance is subject to economic conditions, interest rates, and regulatory changes. - **Tenant Leases:** Lease extensions and new leases contribute to revenue growth, but lease cancellations pose a risk. **Key Metrics (in thousands):** - **Q1 2025 Revenue:** $5,632 - **Q1 2025 Net Income:** $87 - **Nine Months Ended April 30, 2025 Net Loss:** $(44) - **Cash from Operations (Nine Months):** $3,348 - **Total Assets:** $87,856 (April 30, 2025) - **Total Liabilities:** $35,002 (April 30, 2025) - **Shareholders' Equity:** $52,854 (April 30, 2025) **Conclusion:** J.W. Mays, Inc. showed improved financial health in Q1 2025, with increased revenue and net income. However, the company faces uncertainties related to mortgage risks and economic factors. The company's strategic leasing activities and liquidity management will be crucial for future operations.