Mill City Ventures III, Ltd.

Mill City Ventures III, Ltd.

MCVT
Mill City Ventures III, Ltd.US flagNASDAQ Capital Market
6.11
USD
-0.32
- -
501.70MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
0.09
0.33
-0.39
0.23
0.26
0.47
0.04
0.67
1.09
0.62
0.32
0.56
0.63
Basic EPS, GAAP
-0.18
-0.05
0.18
-0.51
0.12
0.13
0.34
-0.13
0.46
0.59
0.02
-0.19
0.18
0.24
Free Cash Flow per Basic Share
-0.08
-0.81
-0.55
-0.21
-0.12
0.05
-0.24
1.56
-0.51
-0.39
-0.92
-0.18
0.88
-0.53
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.11
- -
0.34
- -
- -
- -
- -
Book Value per Share
-1.08
-0.38
-0.4
-0.42
-0.46
-0.44
-0.58
-0.72
-0.68
-0.63
-0.42
-0.35
-0.2
-0.1
Tangible Book Value per Share
0.06
2.32
2.12
1.62
1.74
1.83
2.29
2.05
2.41
2.8
3.35
2.97
3.09
3.24
Basic Weighted Avg Shares
1
5
5
5
5
5
5
5
5
5
5
6
6
6
Sales/Revenue/Turnover
- -
- -
2
-2
1
1
2
- -
3
5
3
2
4
4
Operating Margin (%)
- -
-142.59
-26
3.42
-18.2
-37.74
-22.75
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
1
-3
1
1
2
-1
2
3
- -
-1
1
2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
11.53
27.14
8.27
- -
26.7
25.1
Profit Margin (%)
- -
-51.35
54.73
130.56
51.07
49.5
70.78
-370.25
68.37
54.12
3.22
-57.68
32.72
38.33
Working Capital
1
7
4
3
2
2
1
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
11
11
9
9
10
11
10
12
13
18
19
20
20
Return on Invested Capital (%)
- -
- -
-4.17
- -
-2.54
-5.42
-5.07
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-49.61
- -
-27.35
-28.02
-63.24
- -
-65.6
-90.33
-4.08
- -
-66.69
-136.62
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
12
10
11

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
6
2
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.69%
14.88%
6.28%
Free Cash Flow
-223.86%
-133.96%
-596.66%
Net Income, GAAP
-239.26%
-379.03%
-200.19%
Sales/Revenue/Turnover
139.45%
357.44%
76.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1
1
1
- -
2
2024
1
1
1
1
4
2025
1
1
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.12
0.01
0.06
- -
-0.19
2024
0.06
0.06
0.07
- -
0.18
2025
0.07
0.11
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Michael David Miller
Full Time Employees
3
Sector
Financial Services
Industry
Financial - Credit Services
Address
1907 Wayzata Boulevard East Wayzata MN United States of America 55391
IPO Date
Mar 9, 2010
Business
Mill City Ventures III, Ltd. engages primarily in the acquisition and management of a diversified portfolio of operating companies, with a focus on lower middle-market enterprises across various industries. Its core business includes investing in and providing operational support to companies within manufacturing, distribution, and service sectors. The company undertakes strategic partnerships and acquisitions to enhance portfolio value and operational growth. Founded in 2021 and headquartered in Minneapolis, Minnesota, Mill City Ventures III operates across multiple regions in the United States, targeting smaller enterprises with growth potential. The firm specializes in buyouts, growth capital investments, and operational improvements within its portfolio companies. Its investment approach involves active participation in management and business transformation to drive value creation. In recent years, Mill City Ventures III has expanded its operational footprint through key acquisitions and strategic alliances aimed at diversifying its portfolio. The company has also launched new service offerings focused on operational consulting and integrated management solutions for its portfolio companies to optimize performance. These strategic shifts reflect an increased emphasis on creating operational synergies and enhancing value across acquired businesses. Mill City Ventures III is part of a broader group of Mill City Ventures funds, leveraging the collective experience and resources of its parent company to support its investment activities. The company serves a broad customer base, including manufacturing firms, distributors, and service providers seeking capital and operational expertise to accelerate growth. Its comprehensive product and service suite includes investment acquisition, portfolio management, operational consulting, and strategic business development. Overall, Mill City Ventures III, Ltd. stands as a specialized investment firm focused on the acquisition and operational enhancement of lower middle-market companies, leveraging strategic partnerships, active management, and recent expansions in service offerings to drive sustainable growth and value creation.

Company News

APIChat
  • Mill City Reports Second Quarter 2025 Results; Provides Update on SUI Treasury Strategy Launched on July 31, 2025

  • MCVT Surpasses 81.8 Million SUI in Its Treasury

  • Mill City Partners with Galaxy Digital for Treasury Management, Advancing Institutional-Grade Access to Sui Blockchain

  • Mill City Ventures Announces $500 Million Equity Line Agreement to Accelerate Growth of Sui Treasury Strategy

  • Mill City Ventures III, Ltd. Announces $450,000,000 Private Placement to Initiate Sui Treasury Strategy

  • Mill City Ventures III, Ltd. Increases Yield on $2.5M Credit Facility and Originates New $400K High-Yield Loan

  • Mill City Ventures III, Ltd. Reports First Quarter 2025 Financial Results

  • Mill City Ventures III, Ltd Provides $1.75M in Funding to Support Senior Living Facility Acquisition in Minnesota

  • Mill City Ventures III, Ltd. Reports 2024 Full Year Financial Results

  • Mill City Ventures Advances Additional $1M to Senior Care Provider

  • Mill City Ventures Collateralizes $10 Million Loan to Mustang Funding

  • Mill City Ventures III, Ltd. Announces Amendment to Loan Agreement with Mustang Funding, LLC

  • Mill City Ventures III, Ltd. Announces Select 2024 Short-term Loan Portfolio Data

  • Mill City Ventures III, Ltd Commits $3M for Twin Cities Senior Care Provider

  • Mill City Ventures III, Ltd. Reports 2024 Third Quarter Financial Results

  • Mill City Announces Stock Repurchase Program

  • Mill City Ventures III, Ltd. Advances $2 Million To Award-Winning Holiday Light Maze Experience

  • Mill City Ventures III, Ltd. Advances $1.15 Million To Award-winning Senior Care Provider

  • Mill City Ventures III, Ltd. Reports 2024 Second Quarter Financial Results

  • Mill City Ventures III, Ltd. Reports 2024 First Quarter Results