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Wells Financial Corp
Wells Financial Corporation is a publicly traded company that is listed on the over-the-counter (OTC) market in the United States under the ticker symbol WEFP. The company operates in the financial services industry, providing a range of financial products and services to individuals, businesses, and institutions.
In terms of its financial performance, here are some key points to consider:
1. Revenue: According to its most recent financial statements, Wells Financial Corp's revenue for the fiscal year ended December 31, 2021 was approximately $1.5 million, representing a decrease of 25.6% compared to the previous fiscal year.
2. Net Income: The company reported a net loss of $101,000 for the fiscal year ended December 31, 2021, compared to a net income of $27,000 in the previous fiscal year.
3. Earnings Per Share (EPS): Given the net loss for the most recent fiscal year, the company did not report any earnings per share. In the previous fiscal year, the company reported earnings per share of $0.01.
4. Dividends: Wells Financial Corp does not currently pay any dividends to its shareholders.
5. Valuation: As of March 24, 2023, the company's stock price was $0.05 per share, giving it a market capitalization of approximately $1.5 million.
It's important to note that investing in individual stocks, particularly those that are not listed on major stock exchanges, carries inherent risks, and investors should carefully consider their own risk tolerance and investment objectives before investing in any stocks. It's always advisable to consult with a qualified financial advisor or investment professional before making any investment decisions.