KIRKLAND, QC, Feb. 24,
2023 /CNW/ - Manitex Capital Inc. ("Manitex")
reported today its financial results for the year ended
October 31, 2022.
Net loss for the year was $
7,026,425 ($0.555 per share)
compared to net loss of $3,948,727
($0.314 per share) for 2021.
Net book value per share ("NBV") as at October 31,2022 was $0.73 compared to an NBV of $1.25 as at October 31,
2021.
The complete audited consolidated financial statements for the
year ended October 31, 2022, 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.
