MANHATTAN BRIDGE CAPITAL, INC LOAN
are a New York-based real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage
loans. We offer short-term, secured, non-banking loans (sometimes referred to as "hard money" loans), which we may renew
or extend on, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation
or improvement of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. We are
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.7M | $9.7M | $9.8M | $8.6M | $6.8M | $7.0M | $7.3M | $7.2M | $5.9M | $4.6M |
| SG&A | $1.8M | $1.8M | $1.8M | $1.5M | $1.3M | $1.4M | $1.2M | $1.3M | $1.2M | $1.0M |
| Operating income | $5.1M | $5.6M | $5.4M | $5.2M | $4.4M | $4.2M | $4.5M | $4.2M | $3.5M | $2.9M |
| Interest expense | $1.6M | $2.2M | $2.4M | — | — | — | — | — | — | — |
| Pre-tax income | $5.1M | $5.6M | $5.5M | $5.2M | $4.4M | $4.2M | $4.5M | $4.2M | $3.4M | $2.8M |
| Income tax | $1.2K | $650 | $650 | $650 | $647 | $645 | $572 | $642 | $3.0K | $2.1K |
| Net income | $5.1M | $5.6M | $5.5M | $5.2M | $4.4M | $4.2M | $4.5M | $4.2M | $3.4M | $2.8M |
| EPS, basic | 0.45 | 0.49 | 0.48 | 0.45 | 0.42 | 0.44 | 0.47 | 0.48 | 0.42 | 0.37 |
| EPS, diluted | 0.45 | 0.49 | 0.48 | 0.45 | 0.42 | 0.44 | 0.47 | 0.48 | 0.42 | 0.37 |
| Shares, diluted (wtd. avg.) | $11.4M | $11.4M | $11.5M | $11.5M | $10.5M | $9.6M | $9.7M | $8.8M | $8.1M | $7.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | — | — | — | — | $136.4K | $96.3K |
| Total current assets | — | — | — | — | — | — | — | — | — | $28.0M |
| Property, plant and equipment | — | — | — | — | — | — | — | — | — | $8.0K |
| Total assets | $62.4M | $67.4M | $76.4M | $76.3M | $67.2M | $59.8M | $54.4M | $55.9M | $45.9M | $35.3M |
| Accounts payable | — | — | — | — | — | — | — | — | — | $105.5K |
| Short-term debt | $6.2M | $7.2M | — | — | — | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | $7.7M |
| Total liabilities | $19.3M | $24.1M | $33.5M | $33.4M | $23.8M | $27.9M | $22.5M | $23.8M | $23.7M | $13.0M |
| Retained earnings | -$1.4M | -$1.2M | -$1.6M | -$1.9M | -$1.3M | -$403.8K | -$590.8K | -$448.8K | -$387.7K | -$459.1K |
| Total equity | $43.1M | $43.3M | $42.9M | $42.9M | $43.4M | $32.0M | $31.9M | $32.1M | $22.2M | $22.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4.9M | $4.9M | $5.4M | $5.2M | $4.6M | $4.2M | $4.4M | $4.4M | $3.5M | $3.1M |
| Depreciation and amortisation | $5.0K | $4.9K | $4.1K | $2.3K | $2.3K | $1.1K | $1.4K | $3.7K | $4.6K | $3.8K |
| Stock-based compensation | $13.1K | $13.1K | $13.1K | $13.1K | $13.1K | $13.1K | $13.1K | $13.1K | $13.1K | $13.6K |
| Capital expenditure | $418 | $4.0K | $5.1K | $2.9K | — | $8.8K | — | $1.1K | $1.7K | $3.0K |
| Investing cash flow | $5.3M | $7.5M | $1.6M | -$8.8M | -$7.6M | -$4.6M | $1.4M | -$9.7M | -$10.4M | -$3.9M |
| Financing cash flow | -$10.2M | -$14.0M | -$5.4M | $3.6M | $2.7M | $726.2K | -$6.0M | $5.6M | $6.9M | $791.9K |
| Dividends paid | $5.3M | $5.2M | $5.3M | $5.7M | $5.0M | $4.1M | $4.6M | $4.0M | $3.3M | $2.7M |
| Buybacks | — | — | — | — | — | $179.3K | $29.5K | $48.7K | $172.2K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-021832.
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