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Ameritrans Capital Corp
Ameritrans Capital Corp, ticker symbol "AMCA", is a public company that is listed on the over-the-counter (OTC) market in the USA. The OTC market is a decentralized market where securities not listed on a major exchange like the New York Stock Exchange or NASDAQ are traded.
According to its most recent annual report ( Form 10-K) filed with the Securities and Exchange Commission (SEC) for the year ended December 31, 2021, Ameritrans Capital Corp is a specialty finance company that provides financing solutions to small and medium-sized businesses. The company operates through two segments: Commercial Finance and Consumer Finance.
The company's Commercial Finance segment provides factoring, asset-based lending, and other financial solutions to small and medium-sized businesses. The Consumer Finance segment offers consumer loans and related financial services, primarily through a network of independent retailers and service providers.
As of December 31, 2021, Ameritrans Capital Corp had total assets of approximately $119.5 million, total liabilities of approximately $80.5 million, and total equity of approximately $39.0 million. For the year ended December 31, 2021, the company reported net income of approximately $1.2 million.
It is important to note that investing in stocks, especially OTC stocks, can be risky and it is important to do your own research and consider seeking advice from a financial advisor or broker. Also, the financial condition and the company's business results may have changed and the above information may be outdated. So I recommend checking the latest financial reports and filings of the company in the SEC's website.