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Legion Capital Corporation (LGCP) is a specialized lender offering growth capital to small and medium-sized operators and real estate developers. With a focus on bridge funding, acquisition finance, development, and growth capital, Legion Capital addresses an underserved segment of small business lending. Legion's latest achievement includes the approval of a $75 million Regulation A, Tier II Bond and Preferred Stock offering by the Securities and Exchange Commission. The company is committed to providing alternative investment solutions for investors and meaningful growth capital for real estate development lending. Legion's diversified equity and debt investment products serve investors and financial representatives, offering attractive yields, non-correlation to traditional financial markets, and defined liquidity dates. Through strategic capital deployment and collateralized real estate development loans in Central Florida and other key markets, Legion Capital continues to expand its capital base, demonstrating substantial growth potential and financial stability.
Legion Capital (OTC: LGCP) announced its financial results for fiscal year 2023, ending December 31, 2023. The company, which provides growth capital to real estate developers, reported a 29% increase in revenue, reaching $8.9 million compared to $6.9 million in 2022.
Operating profit surged by 243%, climbing to $3.7 million from $1.1 million in the previous year. Shareholder equity also saw a rise, growing by 26% from $14.3 million in 2022 to $18.1 million in 2023.
CEO Paul Carrazzone expressed satisfaction with the company's operational growth and affirmed Legion Capital's position for continued growth in its core business.
Legion Capital Corporation (OTC: LGCP) reported strong mid-year financial results for the six months ending June 30, 2022, achieving a net profit of $333,201, a significant increase from last year's $13,390. Revenue surged 42.8% to approximately $2.37 million, up from $1.66 million. The company's assets grew by 24.6% to $56.988 million, and shareholder equity increased to over $17.04 million. These results underscore Legion’s growth in specialized lending services, although it is noted that the mid-year results are unaudited.
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