MEXCO ENERGY CORP

For the period ended Mar 31, 2024. Filed Jun 27, 2024.

About this filing

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 Jun 27, 2024

MXC$8.86-0.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Changes in Stockholders’ Equity

Years ended March 31, 2024 and 2023

	Common Stock Par Value	Additional Paid-In Capital	Retained Earnings	Treasury Stock	Total Stockholders’ Equity
Balance at April 1, 2022	$1,108,208	$8,133,982	$3,328,427	$(346,001)	$12,224,616
Net income	-	-	4,662,702	-	4,662,702
Issuance of stock through options exercised	2,500	14,200	-	-	16,700
Profit from purchase of stock by insider		30,179			30,179
Purchase of stock				(244,494)	(244,494)
Stock based compensation	-	142,783	-	-	142,783
Balance at March 31, 2023	$1,110,708	$8,321,145	$7,991,129	$(590,495)	$16,832,487
Net income	-	-	1,344,952	-	1,344,952
Issuance of stock through options exercised	2,750	16,912	-	-	19,662
Dividends paid			(213,600)		(213,600)
Purchase of stock	-	-	-	(585,035)	(585,035)
Stock based compensation	-	229,799	-	-	229,799
Balance at March 31, 2024	$1,113,458	$8,567,856	$9,122,481	$(1,175,530)	$17,628,265

SHARE ACTIVITY
	2024	2023
Common stock shares, issued:
At beginning of year	2,221,416	2,216,416
Issued	5,500	5,000
At end of year	2,226,916	2,221,416
Common stock shares, held in treasury:
At beginning of year	(85,416)	(67,000)
Acquisitions	(50,101)	(18,416)
At end of year	(135,517)	(85,416)
Common stock shares, outstanding
At end of year	2,091,399	2,136,000

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.