MAYS J W INC
Business
MAYS J W INC operates a portfolio of commercial real estate properties. The company offers property ownership and operation services, including leasing and property management for commercial tenants. Its business is organized around a single commercial real estate operations segment that manages and maintains its property assets. The company serves commercial tenants through direct leasing arrangements and property management contracts, operating its properties and providing tenant services through its internal management team.
Summary from filing dated 2025-10-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Rental income | 22 | 22 | 23 | 21 | 20 | |
| Total revenues | 22 | 22 | 23 | 21 | 20 | |
| Real estate operating expenses | 16 | 15 | 15 | 15 | 14 | |
| Administrative and general expenses | 5 | 5 | 5 | 6 | 5 | |
| Depreciation | 2 | 2 | 2 | 2 | 2 | |
| Total expenses | 23 | 22 | 22 | 22 | 21 | |
| Loss from operations | −154,332 | −620,105 | 223,667 | −657,007 | −837,783 | |
| Dividend and interest income | 26,836 | 87,922 | 98,335 | — | — | |
| Net realized gain on sale of marketable securities | — | 124,907 | — | — | — | |
| Interest expense, net of capitalized interest | −67,744 | −136,292 | −230,769 | — | — | |
| Total investment income and interest expense | −40,908 | 76,537 | −368,631 | −345,364 | 1 | |
| Loss before income tax | −195,240 | −543,568 | −144,964 | −1 | 239,032 | |
| Income tax provision (benefit) | −59,000 | −137,000 | −62,000 | −290,000 | −159,000 | |
| Net loss | −136,240 | −406,568 | −82,964 | −712,371 | 398,032 | |
| Loss per common share, basic | −0.07 | −0.2 | −0.04 | −0.35 | 0.2 | |
| Weighted average common shares outstanding, basic | 2 | 2 | 2 | 2 | 2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Land | 6 | 6 | 6 | 6 | 6 | |
| Buildings, improvements, and fixtures | 81 | 80 | 78 | 76 | 75 | |
| Construction in progress | 3 | 2 | 2 | 3 | 2 | |
| Property, Plant and Equipment, Gross | 84 | 82 | — | — | — | |
| Accumulated depreciation | −42 | −40 | −38 | −36 | −35 | |
| Buildings net | 43 | 42 | 41 | 42 | 42 | |
| Property and equipment-net | 49 | 48 | 47 | 48 | 48 | |
| Cash and cash equivalents | 748,597 | 1 | 1 | 1 | 2 | |
| Restricted cash | 1 | 1 | 1 | 1 | 882,330 | |
| Receivables, net | 4 | 4 | 3 | 3 | 2 | |
| Prepaids and other assets | 3 | 3 | 3 | 3 | 2 | |
| Deferred charges, net | 4 | 4 | 3 | 4 | 4 | |
| Operating lease right-of-use assets | 27 | 29 | 31 | 32 | 35 | |
| TOTAL ASSETS | 88 | 90 | 92 | 94 | 98 | |
| Mortgages payable | 3 | 4 | 5 | 6 | 8 | |
| Accounts payable and accrued expenses | 3 | 2 | 2 | 2 | 3 | |
| Security deposits payable | 1 | 1 | 1 | 1 | 834,470 | |
| Operating lease liabilities | 24 | 25 | 27 | 27 | 28 | |
| Deferred income taxes | 4 | 4 | 4 | 4 | 5 | |
| Total liabilities | 35 | 37 | 39 | 41 | 43 | |
| Common stock, par value $1 each share (shares-5,000,000 authorized; 2,178,297 issued 2,015,780 outstanding) | 2 | 2 | 2 | 2 | 2 | |
| Additional paid in capital | 3 | 3 | 3 | 3 | 3 | |
| Retained earnings | 49 | 49 | 49 | 49 | 50 | |
| Stockholders' Equity before Treasury Stock | 54 | 54 | 55 | 55 | 55 | |
| Common stock held in treasury, at cost - 162,517 shares at July 31, 2025 and July 31, 2024 | −1 | −1 | −1 | −1 | — | |
| Total Shareholders Equity | 53 | 53 | 53 | 53 | 54 | |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 88 | 90 | 92 | 94 | 98 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Bad debt expense (recovery) | 38,512 | −22,861 | −85,410 | 352,920 | 236,000 | |
| Provision (benefit) for deferred income tax | −59,000 | −137,000 | −62,000 | −290,000 | −159,000 | |
| Net realized (gain) on sale of marketable securities | — | −124,907 | −130,009 | −131,786 | −73,783 | |
| Depreciation | 2 | 2 | 2 | 2 | 2 | |
| Loss on asset disposal | — | 12,478 | — | — | — | |
| Amortization of deferred charges | 506,044 | 502,829 | 452,781 | 507,564 | 385,967 | |
| Operating lease expense in excess of cash payments | 827,562 | 844,717 | 1 | 1 | 1 | |
| Amortization of deferred financing costs | 16,519 | 38,112 | 38,112 | 38,112 | 38,112 | |
| Receivables | −416,017 | −515,174 | −187,659 | −707,272 | −432,823 | |
| Prepaids and other assets | −246,857 | −275,040 | −144,434 | −243,843 | 4,855 | |
| Deferred charges | −443,276 | −832,714 | −88,841 | −382,961 | −1 | |
| Accounts payable and accrued expenses | 619,111 | 553,528 | −603,329 | −311,141 | −138,635 | |
| Security deposits payable | 14,261 | 72,039 | −45,503 | 216,958 | 24,818 | |
| Net cash provided by operating activities | 3 | 1 | 2 | 2 | 1 | |
| Acquisition of property and equipment | −2 | −2 | −1 | −2 | −2 | |
| Receipts from sales | — | 3 | 287,291 | 1 | 960,597 | |
| Payments for purchases | — | −119,579 | −62,860 | −123,807 | −596,876 | |
| Net cash (used) in investing activities | −2 | −58,793 | −821,876 | −855,667 | −2 | |
| Payments mortgages | −655,204 | −1 | −1 | −1 | −1 | |
| Net cash (used) by financing activities | −655,204 | −1 | −1 | −1 | −1 | |
| Increase (decrease) in cash, cash equivalents and restricted cash | −526,856 | 67,866 | 147,838 | −364,822 | −2 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is MAYS J W INC's CIK number?
MAYS J W INC's SEC CIK number is 0000054187 (54187). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find MAYS J W INC's SEC filings?
All of MAYS J W INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did MAYS J W INC last report earnings?
MAYS J W INC (MAYS) most recently filed an earnings 8-K with the SEC on Jun 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001206774-26-000323). This is MAYS J W INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is MAYS J W INC's most recent earnings 8-K?
MAYS J W INC's latest earnings 8-K (Item 2.02) was filed Jun 11, 2026 under accession 0001206774-26-000323. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View MAYS J W INC's latest earnings 8-K →
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