For the quarter ending 2026-01-31, MAYS had -$1,754,562 decrease in cash & cash equivalents over the period. -$1,713,626 in free cash flow.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|
| Net loss | -508,960 | -334,027 | -136,240 |
| Bad debt expense | 6,620 | 4,622 | 38,512 |
| Provision (benefit) for deferred income taxes | 207,000 | 145,000 | 59,000 |
| Depreciation | 470,677 | 472,262 | 1,800,015 |
| Loss on fixed asset disposal | 0 | -167,700 | - |
| Amortization of deferred charges | 186,955 | 131,153 | 506,044 |
| Operating lease expense in excess of cash payments | 154,023 | 160,272 | 827,562 |
| Amortization of deferred financing costs | - | - | 16,519 |
| Receivables | 513,891 | -142,859 | 416,017 |
| Deferred costs | 0 | 87,842 | - |
| Prepaid expenses and other assets | 1,066,586 | -1,493,065 | 246,857 |
| Deferred charges | - | - | 443,276 |
| Accounts payable and accrued expenses | 748,039 | -117,301 | 619,111 |
| Security deposits payable | 0 | 34,500 | 14,261 |
| Cash provided by operating activities | -730,123 | 1,922,263 | 2,520,634 |
| Acquisition of property and equipment | 983,503 | 411,346 | 2,392,286 |
| Cash (used) in investing activities | -983,503 | -411,346 | -2,392,286 |
| Payments - mortgages | 40,936 | 40,532 | 655,204 |
| Cash (used) in financing activities | -40,936 | -40,532 | -655,204 |
| (decrease)/increase in cash, cash equivalents and restricted cash | -1,754,562 | 1,470,385 | -526,856 |
| Cash, cash equivalents and restricted cash at beginning of period | 3,229,130 | 1,758,745 | 2,285,601 |
| Cash, cash equivalents and restricted cash at end of period | 1,474,568 | 3,229,130 | 1,758,745 |
MAYS J W INC (MAYS)
MAYS J W INC (MAYS)