J.W. Mays swings to Q3 FY26 net loss of $216,863; revenue falls to $5.31 million

• J.W. Mays posted a Q3 net loss of $(216,863), or $(0.11) per share, swinging from net income of $86,784 a year earlier.
• Revenue fell 5.64% to $5.31 million, on tenant losses and rent concessions; real estate operating expenses rose to $4 million from $3.82 million.
• For the nine months ended April 30, net loss widened to $(1.06) million, or $(0.53) per share, while revenue declined to $15.78 million from $16.81 million.
• Operating cash flow eased to $2.63 million from $3.35 million, while investing outflows increased to $(4.15) million on tenant improvements.
• Obtained an $8 million non-revolving line of credit and building loan mortgage on May 12, drew about $2 million; Newmark is marketing 25 Elm Place for sale.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. J.W. Mays Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001206774-26-000322), on June 11, 2026, and is solely responsible for the information contained therein.