Tuxis Corp. Reports Unaudited Financial Results for the Third Quarter and Nine Months Ended September 30, 2014
The company recorded a net loss of $73,001 or $0.06 per share for the nine months ended September 30, 2014 compared to a net loss of $78,067 or $0.07 per share for the nine months ended September 30, 2013. Revenue from rental income was $362,978 for the nine months ended September 30, 2014 compared to $357,708 for the nine months ended September 30, 2013. The Company's primary source of revenue is rental income from its self storage facilities. The company had an adjusted EBITDA of $30,028 for the nine months ended September 30, 2014 compared to an adjusted EBITDA of $17,132 for the nine months ended September 30, 2013. The company's book value per share at September 30, 2014 was $5.30.