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Montfort Capital Corp. (MONT) reported financial results on June 11, 2025, for the three months ending March 31, 2025. The company saw total revenue decrease to $713,694, a 31% decline from $1,037,594 in Q1 2024. Total expenses also fell by 25% to $1,899,495 from $2,539,930 year-over-year. The net loss from continuing operations reduced to $1.1 million, down from $1.5 million the previous year.
As of March 31, 2025, loans receivable remained stable at approximately $189 million. The net loss from discontinued operations surged 442% to $3.8 million compared to $703,730 in Q1 2024, primarily due to provisions related to the sold Brightpath mortgage business. Montfort also announced a leadership change with CFO Josh Reusing departing and Sam Hall set to take over on June 20, 2025.
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