MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or the "Company") today reported financial results for the quarter ended March 31, 2020, including common shareholders' equity ("Book Value") of $277.7 million, or $47.82 per share. The Company filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the "Quarterly Report"), with the Securities and Exchange Commission ("SEC") today and will host an investor call at 4:30 p.m. ET tomorrow, Tuesday, May 12, 2020.
PARK CITY, Utah, Nov. 13, 2019 /PRNewswire/ -- MMA Energy Capital (the "Company"), a leading provider of capital in the renewable energy space, today announced that it has reached over $2 billion in originations of renewable energy investments. The Company, which is a trade name under which Hunt Investment Management, LLC does business, originates financing for the benefit of several institutional capital clients, including MMA Capital Holdings, Inc. ("MMAC"), a public investment vehicle that focuses on investments that generate positive environmental and social impacts trading under the NASDAQ ticker symbol, MMAC.
MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or "the Company") today reported financial results for the year ended December 31, 2019, including common shareholders' equity ("Book Value") of $281.1 million, or $48.43 per share. The Company filed its Annual Report on Form 10-K for the year ended December 31, 2019 (the "Annual Report"), with the Securities and Exchange Commission ("SEC") today and will host an investor call at 8:30 a.m. ET on Wednesday, March 18, 2020.
BALTIMORE, Aug. 9, 2019 /PRNewswire/ -- MMA Capital Holdings, Inc. (MMAC) ("MMA Capital" or "the Company") today reported financial results for the quarter ended June 30, 2019, including common shareholders' equity of $214.6 million, or $36.46 per share of diluted common shareholders' equity ("Book Value"). The Company filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 (the "Second Quarter Report"), with the Securities and Exchange Commission ("SEC") today and will host an investor call at 4:30 p.m. ET on Tuesday, August 13, 2019. This change was driven by $2.1 million of comprehensive income and $0.1 million of other increases in common shareholders' equity. Book Value per share increased $0.35 in the second quarter of 2019 to $36.46 at June 30, 2019.
Q1 2020 MMA Capital Holdings Inc Earnings Call
MMA Capital Holdings, Inc. (NASDAQ: MMAC) (the "Company") today announced that the Company will host a conference call on Tuesday, May 12, 2020, at 4:30 p.m. ET to provide a business update and discuss the financial results for the quarter ended March 31, 2020.
Q2 2019 MMA Capital Holdings Inc Earnings Call
Q3 2019 MMA Capital Holdings Inc Earnings Call
BALTIMORE, Sept. 19, 2019 /PRNewswire/ -- MMA Capital Holdings, Inc. (MMAC) ("MMA Capital" or "the Company") today announced that its indirect wholly-owned subsidiary, MMA Energy Holdings, LLC ("MEH"), entered into a secured revolving credit facility ("Credit Agreement") with the lenders party thereto (the "Lenders") and East West Bank ("EWB"), as administrative and collateral agent ("Agent"). The Credit Agreement establishes a $125 million revolving credit facility of which $70 million has been committed and $30 million has been advanced as of the initial closing. The Credit Agreement has a floating interest rate of LIBOR plus 2.75%, payable monthly in arrears and matures in 36 months, subject to one twelve-month extension at the option of the Company. The Credit Agreement is secured by the Company's equity interest in MEH, as well as cash flows generated by MEH's investments in certain renewable energy lending joint ventures and a general guaranty provided by the Company.
NEW YORK, NY / ACCESSWIRE / March 18, 2020 / MMA Capital Holdings, Inc. (NASDAQ:MMAC) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 18, 2020 at ...
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Q4 2019 MMA Capital Holdings Inc Earnings Call
MMA Capital Holdings, Inc. (Nasdaq: MMAC) (the "Company") today announced that the Company's 2020 Annual Meeting of the Shareholders ("Annual Meeting") will be held as scheduled for Tuesday, May 19, 2020, at 1:00 p.m. ET at the Brewers Hill Hub Boardroom, 3700 O'Donnell Street, Baltimore, MD 21224.
MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or the "Company") today announced the election of two new directors, one of which fills the current vacancy on the Board of Directors. On January 28, 2020, Mr. Cecil E. Flamer and Ms. Suzanne G. Kucera were elected to the Company's board of directors. Mr. Flamer, 72, was appointed to the open Class II position on the Board and Ms. Kucera, 58, was appointed to a newly created Class III vacancy.
MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or the "Company") today announced that it expects to report the release of a portion of the Company's valuation allowance associated with its deferred tax assets that is expected to result in a material increase to net income and common shareholders' equity for the year ended December 31, 2019. Such anticipated release reflects the Company's assessment that, based on all available evidence as of December 31, 2019, it is more likely than not that a portion of the Company's net operating loss carryforwards will be utilized. Evidence evaluated by the Company included, but was not limited to, its three-year cumulative income position, the results and trend of pretax book income from core operations and its forecast of pretax book income.
MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or the "Company") today announced the repayment of financing which the Company provided to affiliates of Hunt Investment Management, LLC (collectively, "Hunt"), its external manager, on January 8, 2018, in connection with the sale of various businesses and assets (the "MTA Note"), which was further amended on December 20, 2019. Specifically, on January 3, 2020, Hunt made a $53.6 million prepayment of principal and interest on the MTA Note and, in connection with this prepayment, the MTA Note was terminated.
BALTIMORE, Nov. 8, 2019 /PRNewswire/ -- MMA Capital Holdings, Inc. (MMAC) ("MMA Capital" or "the Company") today reported financial results for the quarter ended September 30, 2019, including common shareholders' equity of $219.6 million, or $37.29 per share of diluted common shareholders' equity ("Book Value"). The Company filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 (the "Third Quarter Report"), with the Securities and Exchange Commission ("SEC") today and will host an investor call at 8:30 a.m. ET on Tuesday, November 12, 2019. This change was primarily driven by $4.9 million of comprehensive income.
Alluvial Capital Management, LLC is a registered investment advisory firm, that was founded in 2014 by a Chartered Financial Analyst, David Waters. Recently Alluvial Capital Management has released its Q1 2020 Investor Letter, a copy of which you can download here. In the letter, among other things, the fund reported a return for its Alluvial […]
Steven Kiel looks for multi-bagger opportunities from balance sheet to income statement valuation and beyond Continue reading...
MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or the "Company") today announced a series of transactions entered into with affiliates of Hunt Investment Management, LLC (collectively, "Hunt"), its external manager, including the partial prepayment and amendment of financing which the Company provided to Hunt on January 8, 2018, in connection with the sale of various businesses and assets (the "MTA Note"). Specifically, Hunt made a $13.4 million unscheduled prepayment of principal on the MTA Note and, in connection with this prepayment, the MTA Note was amended so that it will fully amortize in 20 equal quarterly payments of $2.68 million beginning on March 31, 2020. The amended MTA Note requires full repayment prior to the expiration of its original seven year term upon the closing of the previously announced sale of Hunt Real Estate Capital, LLC ("HREC") by Hunt if it occurs. Further, the Company and Hunt agreed: (i) for Hunt to acquire a promissory note receivable with an unpaid principal balance of $1.05 million; (ii) for Hunt to acquire limited partnership interests in three low-income housing tax credit funds; (iii) to an amendment to the Master Transaction Agreement with Hunt dated January 8, 2018 (the "MTA"), to terminate any rights the Company has to any contingent purchase price payments under the MTA and (iv) to terminate the true-up payment adjustment associated with the Company's acquisition of Hunt's ownership interest in a solar development loan (collectively, the "Additional Transactions"). The Company received $3.1 million of cash payments in connection with the Additional Transactions and anticipates recognizing a $1.9 million gain in the fourth quarter. For additional information in connection with these transactions, please refer to the Current Report on Form 8-K the Company filed earlier today with the Securities and Exchange Commission ("SEC").