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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.
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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 |
Medalist Diversified REIT, Inc. Reports 2022 Results
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the “Company”), 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., today reported financial results for the year ended...
Medalist Diversified REIT, Inc. Reports 2022 Results
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the “Company”), 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., today reported financial results for the year ended...
Medalist Diversified REIT, Inc. Announces 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement
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 that it has received...
Medalist Diversified REIT, Inc. Announces 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement
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 that it...
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 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 that its Board of Directors...
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 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 that its Board...
Medalist Diversified REIT, Inc. Reports Third Quarter 2022 Results
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR), 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., today reported financial results for the three months ended September...
OPKO Health And 2 Other Penny Stocks Are Aggressively Buying - Medalist Diversified REIT (NASDAQ:MDRR), Great Elm Group (NASDAQ:GEG)
US crude oil futures traded higher on Friday. Investors, meanwhile, focused on some notable insider trades.
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 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 that its Board of Directors...
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Category: Stock Reports