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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported):  June 12, 2024  
 

J. W. Mays, Inc.

(Exact Name of Registrant as Specified in Charter) 

 
         
New York   1-3647   11-1059070

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

9 Bond Street.    
Brooklyn, New York   11201-5805
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s Telephone Number, Including Area Code  (718) 624-7400  
  Not Applicable  
 (Former Name or Former Address, if Changed Since Last Report)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

  ¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  ¨ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  ¨ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $1 par value MAYS NASDAQ

This Report Contains 4 Pages.

 

 

Item 2.02 Results of Operations and Financial Condition.

J. W. Mays, Inc. issued a press release on June 13, 2024, reporting its financial results for the three and nine months ended April 30, 2024. The press release reported revenues and net loss for such three and nine month period and provided a comparison for revenues and net income (loss) for the three and nine month period ended April 30, 2023.

A copy of the press release is attached to this Form 8-K as Exhibit 99(i).

- 2 -

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  J. W. Mays, Inc.  
  (Registrant)  
     
Dated: June 13, 2024 By: Ward Lyke, Jr.  
  Ward N. Lyke, Jr.  
  Vice President,  
  Chief Financial Officer  
  and Treasurer  

- 3 -

 

Exhibit index

Exhibit No. Description
 99(i) Press Release dated June 13, 2024
 104   Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.

- 4 -

Exhibit 99(i)

Press Release

From

J. W. Mays, Inc.

Publicity Department

9 Bond Street

Brooklyn, NY 11201

718 624 7400

  

J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THREE AND NINE MONTHS ENDED APRIL 30, 2024

J. W. Mays, Inc. today reported its financial results for the three and nine months ended April 30, 2024.

Revenues from Operations for the three months ended April 30, 2024 were $5,364,324 compared to revenues of $5,563,396 in the comparable 2023 three-month period while Revenues from Operations for the nine months ended April 30, 2024 were $16,102,968 compared to revenues of $17,170,949 in the comparable 2023 nine-month period.

Net loss for the three months ended April 30, 2024 was ($84,880), or ($.04) per share, compared to a net loss of $39,160, or ($.02) per share, in the comparable 2023 three month period.

Net loss for the nine months ended April 30, 2024 was ($375,483), or ($.19) per share, compared to net income of $65,095, or $.03 per share, in the comparable 2023 nine month period.

*       *       *

Dated:June 12, 2024

 

 

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