J W MAYS : REPORTS ON OPERATIONSFOR THE FISCAL YEAR AND THREE MONTHS ENDED JULY 31, 2022 - Form 8-K
October 20, 2022 at 05:40 pm IST
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J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THE FISCAL YEAR AND THREE MONTHS ENDED JULY 31, 2022
J. W. Mays, Inc. today reported its financial results for the twelve and three months ended July 31, 2022.
Revenues from Operations for the three months ended July 31, 2022 were $5,504,057 compared to revenues of $5,169,130 in the comparable 2021 three-month period, while revenues from Operations for the twelve months ended July 31, 2022 were $21,396,035 compared to revenues from Operations of $20,212,879 in the comparable 2021 twelve-month period.
Net loss for the three months ended July 31, 2022 was $(68,754), or $(.03) per share, compared to net income of $909,484, or $.45 per share, in the comparable 2021 three-month period.
Net loss for the twelve months ended July 31, 2022 was $(712,371), or $(.35) per share, compared to net income of $398,032, or $.20 per share, in the comparable 2021 twelve-month period.
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Dated: October 19, 2022
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J.W. Mays Inc. published this content on 20 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2022 12:09:06 UTC.
J.W. Mays, Inc. operates a number of commercial real estate properties. The Company's properties include Fulton Street at Bond Street; Livingston Street; Truck bays, passage facilities and tunnel-Schermerhorn Street; Building-Livingston Street; Jowein building at Elm Place, Jamaica Avenue at 169th Street; Route 9 at Interstate Highway 84; Hempstead Turnpike; Sunrise Highway, and Tarlton Road. The 90% of the Fulton Street at Bond Street property is owned by the Company and the remaining 10% of the property is leased by the Company under five separate leases. The Jamaica Avenue at 169th Street property is leased to ten tenants, of which four are retail tenants and six occupy office space. The Jowein building at Elm Place is leased to approximately 14 tenants, of which one is a retail store, one is fast-food restaurant, two are for warehouse space and ten leases are for office space. It leased Route 9 property (47,000 square feet) to a community college at its Fishkill, New York building.
J.W. MAYS, INC. 
