J.W. Mays Inc. Reports Increase in Revenues but Posts Net Loss for Nine Months Ending April 2025; EPS Improves from $(.19) to $(.02)

Reuters
12 Jun
J.W. Mays Inc. Reports Increase in Revenues but Posts Net Loss for Nine Months Ending April 2025; EPS Improves from $(.19) to $(.02)

J.W. Mays, Inc. has announced its financial results for the three and nine months ended April 30, 2025. The company reported revenues from operations of $5.63 million for the three months ended April 30, 2025, showing an increase from $5.36 million in the same period in 2024. For the nine-month period ended April 30, 2025, revenues were $16.81 million, up from $16.10 million in the comparable period in 2024. The net income from operations for the three months ended April 30, 2025 was $86,784, a significant improvement from a net loss of $84,880 in the same quarter of the previous year. For the nine months ended April 30, 2025, J.W. Mays reported a net loss of $44,240, an improvement from the net loss of $375,483 in the comparable period in 2024. The earnings per share for the three-month period reflect this positive trend, standing at $0.04, compared to a loss per share of $(0.04) in the previous year.

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