Business
Tuxis Corporation Announces Second Quarter 2021 Financial Results
Tuxis Corporation Announces Second Quarter 2021 Financial Results.
About this update from Tuxis Corp.
[{"type":"text","content":"MILLBROOK, NY / ACCESSWIRE / October 20, 2021 / Tuxis Corporation (OTC PINK:TUXS) (the "Company") today reported its financial results for the second quarter ended June 30, 2021.The Company recorded net income of $93,897 or $0.08 per diluted share for the three months ended June 30, 2021 compared to net income of $81,662 or $0.07 per share for the three months ended June 30, 2020. The Company recorded net income of $260,460 or $0.21 per diluted share for the six months ended June 30, 2021 compared to a net loss of $236,429 or $0.19 per share for the six months ended June 30, 2020.The Company's book value per share at June 30, 2021 was $6.75 (shareholders' equity of $8,386,189 divided by 1,242,639 shares issued and outstanding).The Company's unaudited balance sheet, statements of comprehensive income (loss), and statements of cash flows as of and for the six months ended June 30, 2021 are appended to the copy of this press release on www.tuxis.com.About Tuxis CorporationTuxis Corporation is a holding company that engages through subsidiaries primarily in real estate development and management. To learn more about Tuxis Corporation, including Rule 15c2-11 information, please visit www.tuxis.com.Cautionary Note Regarding Forward-Looking StatementsCertain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the Company's plans, including its plans as to the use of the proceeds from the sale, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "expects," "estimates," "may," "will," "should," "anticipates" or "intends," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the Company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, whi...