MAYS J W INC
For the period ended Jul 31, 2024. Filed Oct 24, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Oct 24, 2024
MAYS$43.50+3.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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EX-13 · CONSOLIDATED STATEMENTS OF OPERATIONS
CONSOLIDATED STATEMENTS OF OPERATIONS
| Years Ended July 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues | ||
| Rental income | $21,593,264 | $22,576,455 |
| Total revenues | 21,593,264 | 22,576,455 |
| Expenses | ||
| Real estate operating expenses | 15,151,406 | 15,383,378 |
| Administrative and general expenses | 5,336,672 | 5,280,853 |
| Depreciation | 1,725,291 | 1,688,557 |
| Total expenses | 22,213,369 | 22,352,788 |
| Income (loss) from operations | (620,105) | 223,667 |
| Other income (loss) and interest expense | ||
| Dividend and interest income | 87,922 | 98,335 |
| Net realized gain on sale of marketable securities | 124,907 | 130,009 |
| Net unrealized loss on marketable securities | — | (366,206) |
| Interest expense, net of capitalized interest | (136,292) | (230,769) |
| 76,537 | (368,631) | |
| Loss before income tax | (543,568) | (144,964) |
| Income tax provision (benefit) | (137,000) | (62,000) |
| Net loss | $(406,568) | $(82,964) |
| Loss per common share, basic and diluted | $(.20) | $(.04) |
| Dividends per share | $— | $— |
| Weighted average common shares outstanding, basic and diluted | 2,015,780 | 2,015,780 |
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