KIRKLAND, QC, Feb. 28,
2024 /CNW/ - Manitex Capital Inc. ("Manitex")
reported today its financial results for the year ended
October 31, 2023.
Net income for the year was $256,986 ($0.020
per share) compared to a net loss of $7,263,895 ($0.575
per share) for 2022.
Net book value per share ("NBV") as at October 31, 2023 was $0.73 compared to an NBV of $0.71 as at October 31,
2022.
The complete audited consolidated financial statements for the
year ended October 31, 2023, and accompanying management's
discussion and analysis can be accessed by visiting Manitex's
profile pages on SEDAR at www.sedar.com.
About Manitex Capital
Manitex is a diversified investment company specialized in
investing in emerging as well as established companies and assists
in increasing shareholder value. Manitex currently has 12,661,276
common shares outstanding which are quoted for trading on the TSX
Venture Exchange (TSX:MNX).
Forward Looking Statements
This press release may
contain certain forward-looking information and statements
concerning Manitex's operations, performance and financial
condition, including, in particular, the likelihood of Manitex's
success in developing and expanding its business. These statements
are based upon a number of assumptions and estimates that are
inherently subject to significant uncertainties and contingencies,
many of which are beyond Manitex's control. Actual results may
differ materially from those expressed or implied by such
forward-looking statements.
SOURCE Manitex Capital Inc.