Inactive Instrument

Genesis Financial, Inc.

GFNL

US37184J2078

Genesis Financial, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018

November 19, 2018 at 04:07 pm EST

Genesis Financial, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced net loss was USD 1.254 million compared to USD 225,798 a year ago. Basic loss per share was USD 0.04 compared to USD 0.03 a year ago. For the nine months, net loss was USD 3.952 million compared to USD 492,072 a year ago. Basic loss per share was USD 0.13 compared to USD 0.07 a year ago.

Latest news about Genesis Financial, Inc.

Sachie McQueen Joins the Board of SMC Entertainment, Inc./Genesis Financial as Independent Director	22-02-14	CI
SMC Genesis Financial Enters into New Australian Joint Venture	22-02-10	CI
SMC Entertainment, Inc. completed the acquisition of Genesis Financial, Inc.	21-12-09	CI
SMC Entertainment, Inc. entered into a letter of intent to acquire Genesis Financial, Inc. for $45 million.	21-11-09	CI
FDCTech, Inc. cancelled the acquisition of Genesis Financial, Inc..	21-08-23	CI
Haisto Consulting Pty Ltd. entered into an agreement to acquire Interactive Mortgage and Finance Pty Ltd from Genesis Financial, Inc. for AUD 2.3 million.	21-06-16	CI
FDCTech, Inc. entered into a non-binding letter of intent to acquire Genesis Financial, Inc. for $51.1 million.	21-02-08	CI
Genesis Financial, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018	20-08-13	CI
Genesis Financial, Inc. acquired Ballast Holdings Pty Ltd. for AUD 40.8 million.	20-07-06	CI
Genesis Financial, Inc. completed the acquisition of The Financial Link Group Pty Ltd, Interactive Mortgage and Finance Pty Ltd and CCS Operations Pty Ltd. from Beacon Financial Group Pty Ltd.	20-06-29	CI
Genesis Financial to Seek Acquisitions	20-03-25	CI
Genesis Financial, Inc. announced that it has received $1.485 million in funding	20-03-10	CI
Genesis Financial, Inc. entered into a share and business sale agreement to acquire The Financial Link Group Pty Ltd, Interactive Mortgage and Finance Pty Ltd and CCS Operations Pty Ltd. from Beacon Financial Group Pty Ltd for AUD 15.5 million.	19-10-29	CI
Genesis Financial, Inc. announced a financing transaction	19-09-30	CI
Genesis Financial, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018	18-11-19	CI
Genesis Financial, Inc. Announces Resignation of Mark Attinger as President and Chief Operating Officer	18-11-13	CI
Genesis Financial, Inc. Appoints Rahul Singh to its Board	18-07-27	CI
Genesis Financial, Inc. cancelled the acquisition of SmartPay Leasing, LLC.	18-07-14	CI
Genesis Financial Inc. Appoints Mark Attinger as the Company's President and Chief Operating Officer	18-06-07	CI
Genesis Financial, Inc. Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2017	18-05-04	CI
Fintech Holdings, LLC acquired Genesis Financial, Inc. (OTCPK : GFNL) in a reverse merger transaction.	18-02-21	CI
Epoint Payment Corp entered into a membership interest purchase agreement to acquire SmartPay Leasing, LLC for $48.5 million	18-02-21	CI

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Company Profile

Genesis Financial, Inc. (GFI) is engaged in the business of buying and selling seller financed real estate loans, and originating commercial real estate hard money loans. The Company purchases seller financed real estate loans from sellers directly or from sellers introduced to GFI by brokers. Seller financed real estate loans are originated by the selling owner of real property. The Company purchases seller financed real estate loans, originates commercial real estate loans, and pursues other forms of cash flow instruments. GFI holds interests in Flyback Energy, Inc., which has developed an electronic switch design that offers control over electrical power and magnetic fields. The Company also holds interests in Ambient Water Corporation, which sells Air-to-Water machines for residential and commercial potable water applications, and in a real property leasehold interest that consists of approximately 63 acres in Halliday, North Dakota.

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Consumer Lending

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