Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.
Revenue of Manhattan Bridge Capital, Inc. (LOAN)
Revenue in 2023 (TTM): $9.8 M
According to Manhattan Bridge Capital, Inc.'s latest financial reports the company's current revenue (TTM) is $9.8 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Manhattan Bridge Capital, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $9.8 M | $9.79 M | $7.97 M | $5.48 M | $5.48 M |
| 2022 | $6.76 M | $6.75 M | $7.04 M | $5.21 M | $5.21 M |
| 2021 | $5.77 M | $5.76 M | $4.43 M | $4.42 M | $4.42 M |
| 2020 | $5.66 M | $5.66 M | $4.23 M | $4.23 M | $4.23 M |
| 2019 | $5.71 M | $5.71 M | $4.5 M | $4.5 M | $4.49 M |
| 2018 | $5.53 M | $5.52 M | $5.91 M | $4.21 M | $4.2 M |
| 2017 | $4.69 M | $4.68 M | $4.69 M | $3.44 M | $3.44 M |
| 2016 | $3.86 M | $3.85 M | $3.64 M | $2.84 M | $2.84 M |
| 2015 | $3.31 M | $3.3 M | $2.97 M | $2.24 M | $2.24 M |
| 2014 | $2.36 M | $2.9 M | $2.02 M | $1.48 M | $1.45 M |
| 2013 | $1.84 M | $2.26 M | $1.42 M | $969.97 K | $582.97 K |
| 2012 | $1.56 M | $1.28 M | $664.97 K | $691.93 K | $388.61 K |
| 2011 | $1.4 M | $1.4 M | $607.01 K | $448.41 K | $256.52 K |
| 2010 | $1.21 M | $1.21 M | $422.45 K | $542.31 K | $319.46 K |
| 2009 | $1.04 M | $1.04 M | $349.85 K | $409.53 K | $235.75 K |
| 2008 | $757.67 K | $683.65 K | $669.31 K | $-588,102 | $-519,859 |
| 2007 | $221.16 K | $171.82 K | $-662,563 | $-221,293 | $-31,704 |
| 2006 | $232.19 K | $42.9 K | $-1,031,059 | $-897,699 | $-174,113 |
| 2005 | $4.45 M | $3.79 M | $-1,171,618 | $-456,053 | $-511,053 |
| 2004 | $5.95 M | $5.05 M | $-680,643 | $175.97 K | $1.04 M |
| 2003 | $9.09 M | $6.97 M | $-691,783 | $1.89 M | $1.6 M |
| 2002 | $6.53 M | $4.8 M | $-443,150 | $-353,125 | $-1,092,994 |
| 2001 | $5.59 M | $4.08 M | $-762,634 | $-200,830 | $-117,078 |
| 2000 | $6.24 M | $4.82 M | $-118,298 | $173.43 K | $-425,311 |
| 1999 | $4.5 M | $4.2 M | $700 K | $800 K | $400 K |
| 1998 | $2.8 M | $2.4 M | $700 K | $700 K | $400 K |