MAYS J W INC
For the period ended Jul 31, 2025. Filed Oct 23, 2025.
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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.
FY2025 · Filed Oct 23, 2025
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, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | ||
| Rental income | $22,469,710 | $21,593,264 |
| Total revenues | 22,469,710 | 21,593,264 |
| Expenses | ||
| Real estate operating expenses | 15,655,276 | 15,151,406 |
| Administrative and general expenses | 5,168,751 | 5,336,672 |
| Depreciation | 1,800,015 | 1,725,291 |
| Total expenses | 22,624,042 | 22,213,369 |
| Loss from operations | (154,332) | (620,105) |
| Other income (loss) and interest expense | ||
| Dividend and interest income | 26,836 | 87,922 |
| Net realized gain on sale of marketable securities | — | 124,907 |
| Interest expense, net of capitalized interest | (67,744) | (136,292) |
| (40,908) | 76,537 | |
| Loss before income tax | (195,240) | (543,568) |
| Income tax provision (benefit) | (59,000) | (137,000) |
| Net loss | $(136,240) | $(406,568) |
| Loss per common share, basic and diluted | $(.07) | $(.20) |
| Weighted average common shares outstanding, basic and diluted | 2,015,780 | 2,015,780 |
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