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Summary not available.
Winmill & Co. Incorporated (OTC PINK: WNMLA) announced its 2022 financial results, reporting a net income of $0.9 million or $0.64 per diluted share, down from $2.8 million or $1.93 per diluted share in 2021. The reported net unrealized gains were $0.9 million for 2022, a decrease from $2.6 million in 2021. Despite the drop in earnings, the company reported a 9% increase in book value per share, reaching $7.44, supported by approximately $10.6 million in shareholders' equity. The company emphasizes the importance of book value as a financial performance indicator, advising investors to review their audited annual report for comprehensive insights.
Winmill & Co. (OTC Pink: WNMLA) announced the approval of its application to qualify for the OTC Pink Current Information Tier. This approval allows its Class A common stock to be publicly quoted in the OTC Pink Market. Future qualifications or public quotations are not guaranteed. Additionally, the Company and its affiliates may purchase shares of Class A common stock through various means, including the OTC market. Shareholders and potential investors are advised that this press release serves informational purposes only and doesn't constitute an offer. Winmill & Co. aims to enhance book value per share over time and engages in investment management for its subsidiaries, including Midas Fund and Foxby Corp. For further information, stakeholders are encouraged to visit their official website.