Yesterday, Bexil Corporation (OTCMKTS:BXLC) was in the news after it announced its financial results for the fiscal year that had ended on December 31, 2021. However, the announcement did not lead to much of a move in the Bexil stock and it remained in a range throughout the day.
Bexil Corporation Reports 2021 Financial Results
The company announced that the net attributable income to the shareholders for the fiscal year came in at $6.5 million and to $7.9 a diluted share for the 2021 fiscal year. That reflected a significant a significant jump from the $1 million in attributable income to shareholders in 2020, which worked out to $1.13 a diluted share.
Hence, it can be said that there was considerable improvement in net income for Bexil and its shareholders. However, that situation did not lead to any major move in the stock yesterday and it is going to be interesting to see if the stock can actually manage to make a move over the course of the coming days or not. That being said, it ought to be noted that the company only provided limited information in its press release and it may be difficult for investors to make any decisions about the stock based on that.