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Prospect News home > News index > List of issuers A > Headlines for AmeriFirst Financial, Inc. > News item
Published on 12/1/2023 in the Prospect News Distressed Debt Daily.

AmeriFirst reports $1.63 million net loss for October

By Sarah Lizee

Olympia, Wash., Dec. 1 – AmeriFirst Financial, Inc. reported a $1.63 million net loss for October on $319,961 gross income/sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $4.9 million net loss for September on $332,332 gross income/sales.

The cash balance at the end of October was $8.93 million, up from $8.37 million at the end of September.

AmeriFirst Financial is a mortgage lender based in Mesa, Ariz. The company filed bankruptcy on Aug. 24 under Chapter 11 case number 23-11240.


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