Welcome to our dedicated page for Legion Cap news (Ticker: LGCP), a resource for investors and traders seeking the latest updates and insights on Legion Cap stock.
Legion Capital (LGCP) delivers specialized financing solutions for real estate developers through bridge loans, acquisition funding, and growth capital. This news hub provides investors and industry professionals with comprehensive updates on the company’s strategic initiatives and market activities.
Access timely press releases and curated analysis covering key developments including project financing milestones, portfolio expansions, and strategic partnerships. Our repository ensures stakeholders stay informed about LGCP’s role in enabling small-to-medium real estate ventures through flexible capital solutions.
Explore updates categorized by financing type, investor communications, and regulatory filings. Each entry provides context on how LGCP’s tailored approach addresses evolving market demands while maintaining disciplined risk management practices.
Bookmark this page for streamlined access to Legion Capital’s latest announcements. Regularly updated content helps investors track capital deployment trends and assess the company’s impact on underserved real estate markets.
Legion Capital (OTC: LGCP) announced its financial results for fiscal year 2023, ending December 31, 2023. The company, which provides growth capital to real estate developers, reported a 29% increase in revenue, reaching $8.9 million compared to $6.9 million in 2022.
Operating profit surged by 243%, climbing to $3.7 million from $1.1 million in the previous year. Shareholder equity also saw a rise, growing by 26% from $14.3 million in 2022 to $18.1 million in 2023.
CEO Paul Carrazzone expressed satisfaction with the company's operational growth and affirmed Legion Capital's position for continued growth in its core business.
Legion Capital Corporation (OTC: LGCP) reported strong mid-year financial results for the six months ending June 30, 2022, achieving a net profit of $333,201, a significant increase from last year's $13,390. Revenue surged 42.8% to approximately $2.37 million, up from $1.66 million. The company's assets grew by 24.6% to $56.988 million, and shareholder equity increased to over $17.04 million. These results underscore Legion’s growth in specialized lending services, although it is noted that the mid-year results are unaudited.
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