See more : Suzhou Hesheng Special Material Co., Ltd. (002290.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Medalist Diversified REIT, Inc. (MDRR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Medalist Diversified REIT, Inc., a leading company in the REIT – Diversified industry within the Real Estate sector.
You may be interested
- Arbor Metals Corp. (ABR.V) Income Statement Analysis – Financial Results
- Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS) Income Statement Analysis – Financial Results
- WestRock Company (WRK) Income Statement Analysis – Financial Results
- Secure, Inc. (4264.T) Income Statement Analysis – Financial Results
- Gratomic Inc. (CBULF) Income Statement Analysis – Financial Results
Medalist Diversified REIT, Inc. (MDRR)
About Medalist Diversified REIT, Inc.
Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (REIT), and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial and retail properties, (ii) multi-family residential properties and (iii) limited service hotel properties in secondary and tertiary markets in the southeastern part of the United States, with an expected concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.27M | 11.09M | 11.47M | 9.28M | 8.27M | 6.59M | 1.72M | 0.00 | 0.00 |
| Cost of Revenue | 2.60M | 3.93M | 4.97M | 4.76M | 4.35M | 3.59M | 959.40K | 0.00 | 0.00 |
| Gross Profit | 7.67M | 7.16M | 6.51M | 4.52M | 3.92M | 3.00M | 765.26K | 0.00 | 0.00 |
| Gross Profit Ratio | 74.69% | 64.54% | 56.72% | 48.70% | 47.43% | 45.59% | 44.37% | 0.00% | 0.00% |
| Research & Development | 0.00 | -0.43 | -0.38 | -1.04 | -0.50 | -0.47 | -0.76 | 0.00 | 0.00 |
| General & Administrative | 1.88M | 2.57M | 2.27M | 2.13M | 1.41M | 1.83M | 307.24K | 44.43K | 566.85K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.88M | 2.57M | 2.27M | 2.13M | 1.41M | 1.83M | -0.68 | 44.43K | 566.85K |
| Other Expenses | 6.79M | 4.93M | 3.51M | 3.98M | 2.77M | 44.09K | 83.44K | -1.82K | 0.00 |
| Operating Expenses | 8.67M | 7.50M | 5.78M | 6.11M | 4.19M | 3.88M | 1.05M | 44.43K | 567.34K |
| Cost & Expenses | 11.27M | 11.44M | 10.74M | 10.87M | 8.53M | 7.46M | 2.01M | 44.43K | 567.34K |
| Interest Income | 38.31K | 3.54M | 5.52M | 3.96M | 2.47M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.54M | 3.56M | 5.53M | 3.96M | 2.47M | 1.92M | 766.86K | 1.82K | 0.00 |
| Depreciation & Amortization | 4.57M | 11.48M | 10.78M | 11.31M | 8.56M | 7.47M | 2.01M | 88.86K | 566.85K |
| EBITDA | 3.54M | 4.60M | 4.68M | 2.51M | 1.44M | 1.02M | 1.27M | 0.00 | -496.00 |
| EBITDA Ratio | 34.48% | 41.47% | 40.09% | 27.05% | 29.34% | 18.42% | 31.39% | 0.00% | 0.00% |
| Operating Income | -997.16K | 119.17K | 1.09M | -1.47M | -348.01K | -1.06M | -285.13K | -44.43K | -566.85K |
| Operating Income Ratio | -9.71% | 1.07% | 9.50% | -15.88% | -4.21% | -16.16% | -16.53% | 0.00% | 0.00% |
| Total Other Income/Expenses | -3.58M | -4.48M | -5.17M | -8.11M | -2.56M | 44.09K | 83.44K | 0.00 | -496.00 |
| Income Before Tax | -4.57M | -4.73M | -4.36M | -9.58M | -3.80M | -2.94M | -968.55K | -46.25K | -567.34K |
| Income Before Tax Ratio | -44.52% | -42.67% | -37.99% | -103.29% | -46.01% | -44.58% | -56.16% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 233.16K | 5.90M | 2.68M | 1.60M | 53.15K | 646.23K | -88.86K | -496.00 |
| Net Income | -4.57M | -4.97M | -10.26M | -12.26M | -5.40M | -2.74M | -847.92K | -46.25K | -567.34K |
| Net Income Ratio | -44.50% | -44.77% | -89.43% | -132.19% | -65.36% | -41.63% | -49.16% | 0.00% | 0.00% |
| EPS | -4.12 | -2.32 | -6.27 | -20.83 | -11.74 | -11.15 | -3.05 | -0.17 | 0.00 |
| EPS Diluted | -4.12 | -2.32 | -6.27 | -20.83 | -11.74 | -11.15 | -3.05 | -0.17 | 0.00 |
| Weighted Avg Shares Out | 1.11M | 2.14M | 1.64M | 588.75K | 460.40K | 246.00K | 277.97K | 277.97K | 0.00 |
| Weighted Avg Shares Out (Dil) | 1.11M | 2.14M | 1.64M | 588.75K | 460.40K | 246.00K | 277.97K | 277.97K | 0.00 |
The State Of REITs: November 2024 Edition
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the...
Medalist Diversified REIT, Inc. Announces $4 Million Line of Credit and Cash Dividend of $0.06 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock Cash Dividend
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that the Company has...
The State Of REITs: August 2024 Edition
The REIT sector soared in July with an +8.33% average total return and is now in the black year to date with +3.83% thus far in 2024. Small cap (+9.91%) and mid-cap REITs (+9.77%) averaged the highest total returns in...
Top 4 Real Estate Stocks Which Could Rescue Your Portfolio In Q3
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. `
Medalist Diversified REIT, Inc. Announces Dividend of $0.05 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that its Board of Directors...
Medalist Diversified REIT, Inc. Announces Effectiveness of Reverse Stock Split and Forward Stock Split
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today...
Medalist Diversified REIT, Inc. Announces Reverse Stock Split and Forward Stock Split
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today...
The State Of REITs: May 2024 Edition
With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and...
Medalist Diversified REIT, Inc. Releases Update From Interim CEO and President
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., released today a letter from...
Medalist Diversified REIT, Inc. Grants Waiver to Shareholder Francis P. Kavanaugh to Increase Common Share Ownership
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that the Company's...
Source: https://incomestatements.info
Category: Stock Reports