NASDAQ : MDRR
Medalist Diversified, Inc. — Financial statements
Real Estate · Real Estate Services · United States
Last price 10.51 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 23.51M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 9.11M | 10.40M | 9.74M | 10.27M | 11.08M | 11.43M |
| Other Revenue | 465.79K | 12.81K | 44.96K | |||
| Total Revenue | 9.58M | 10.40M | 9.74M | 10.27M | 11.09M | 11.47M |
| Property Expenses | 2.58M | 2.78M | 2.35M | 2.60M | 3.93M | 4.97M |
| Selling, General & Administrative | 3.28M | 2.88M | 2.14M | 1.88M | 2.09M | 2.12M |
| Depreciation & Amortization | 2.27M | 3.35M | 3.92M | 4.57M | 4.71M | 3.51M |
| Other Operating Expenses | 227.16K | |||||
| Total Operating Expenses | 8.36M | 9.40M | 8.72M | 9.11M | 11.48M | 10.78M |
| Operating Income | 1.22M | 993.20K | 1.01M | 1.16M | -390.98K | 689.86K |
| Interest Expense | -2.24M | -2.62M | -3.02M | -3.54M | -3.56M | -5.53M |
| Interest & Investment Income | 375.37K | 25.83K | 54.06K | 38.31K | 11.71K | 10.47K |
| Other Non-Operating Income | -49.13K | -62.04K | -56.33K | -84.56K | 224.79K | -25.30K |
| EBT Excluding Unusual Items | -698.98K | -1.66M | -2.01M | -2.43M | -3.71M | -4.86M |
| Gain (Loss) on Sale of Assets | 12.39M | 69.05K | 2.82M | -596.77K | 124.64K | |
| Total Insurance Settlements | 235.91K | 172.93K | ||||
| Asset Writedown | -6.83K | -74.33K | -182.00 | -90.22K | -36.67K | |
| Other Unusual Items | -894.45K | -440.02K | -64.72K | 10.97K | -389.21K | 376.30K |
| Pretax Income | 11.32M | -1.94M | 744.33K | -4.57M | -4.73M | -4.36M |
| Income Tax Expense | -2.08M | |||||
| Earnings From Continuing Operations | 13.40M | -1.94M | 744.33K | -4.57M | -4.73M | -4.36M |
| Minority Interest in Earnings | -5.72M | -453.06K | -716.80K | 2.08K | -37.03K | -5.98K |
| Net Income | 7.68M | -2.39M | 27.52K | -4.57M | -4.77M | -4.36M |
| Net Income to Common | 7.68M | -2.39M | 27.52K | -4.57M | -4.77M | -4.36M |
| Basic Shares Outstanding | 1.30M | 1.26M | 1.13M | 1.11M | 1.07M | 818.31K |
| Diluted Shares Outstanding | 1.48M | 1.26M | 1.13M | 1.11M | 1.07M | 818.31K |
| EPS (Basic) | 5.92 | -1.90 | 0.02 | -4.12 | -4.46 | -5.33 |
| EPS (Diluted) | 5.18 | -1.90 | 0.02 | -4.12 | -4.46 | -5.33 |
| Dividend Per Share | 0.27 | 0.27 | 0.21 | 0.32 | 0.96 | 0.96 |
| Operating Margin | 12.71% | 9.55% | 10.39% | 11.29% | -3.52% | 6.01% |
| Profit Margin | 80.24% | -22.98% | 0.28% | -44.50% | -43.00% | -38.04% |
| EBITDA | 3.29M | 4.03M | 4.46M | 5.18M | 3.78M | 3.93M |
| EBITDA Margin | 34.35% | 38.81% | 45.79% | 50.45% | 34.05% | 34.24% |
| D&A For Ebitda | 2.07M | 3.04M | 3.45M | 4.02M | 4.17M | 3.24M |
| EBIT | 1.22M | 993.20K | 1.01M | 1.16M | -390.98K | 689.86K |
| EBIT Margin | 12.71% | 9.55% | 10.39% | 11.29% | -3.52% | 6.01% |
| Funds From Operations (FFO) | 1.86M | 1.86M | 1.91M | 91.03K | 997.25K | -974.22K |
| Adjusted Funds From Operations (AFFO) | 716.35K | 1.37M | -1.27M | 241.02K | 332.51K | |
| FFO Payout Ratio | 18.17% | 18.61% | 9.95% | 389.32% | 119.17% | |
| Revenue as Reported | 9.58M | 10.40M | 9.74M | 10.27M | 11.09M | 11.47M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 12.18M | 41.19M | 64.42M | 64.58M | 76.51M | 69.41M |
| Cash & Equivalents | 6.38M | 2.63M | 4.78M | 2.23M | 3.92M | 4.37M |
| Accounts Receivable | 650.82K | 1.66M | 1.45M | 1.40M | 1.42M | 1.34M |
| Other Intangible Assets | 519.76K | 1.02M | 1.36M | 1.70M | 2.44M | 2.88M |
| Restricted Cash | 1.05M | 1.50M | 1.30M | 1.58M | 1.74M | 3.01M |
| Other Current Assets | 11.89M | 28.30M | 9.71M | 9.85M | ||
| Trading Asset Securities | 27.22K | 117.39K | 173.72K | 258.28K | ||
| Deferred Long-Term Charges | 77.26K | 528.90K | 828.90K | 1.02M | 1.30M | 1.32M |
| Other Long-Term Assets | 733.61K | 877.90K | 850.35K | 359.22K | 306.03K | 370.13K |
| Total Assets | 57.82M | 77.74M | 75.10M | 82.75M | 87.92M | 92.55M |
| Current Portion of Long-Term Debt | 123.66K | 930.55K | ||||
| Long-Term Debt | 8.92M | 31.90M | 51.49M | 65.06M | 65.79M | 66.36M |
| Accounts Payable | 789.82K | 953.28K | 1.07M | 792.64K | 775.35K | 985.30K |
| Accrued Expenses | 58.25K | 92.53K | 232.40K | |||
| Other Current Liabilities | 10.39M | 19.10M | 21.33K | 70.00K | 422.72K | 321.96K |
| Other Long-Term Liabilities | 319.80K | 689.71K | 1.42M | 1.87M | 2.23M | 1.88M |
| Total Liabilities | 20.54M | 53.63M | 54.10M | 69.02M | 69.22M | 69.55M |
| Common Stock | 16.29K | 11.10K | 13.45K | 11.09K | 22.20K | 160.53K |
| Additional Paid-In Capital | 58.18M | 51.96M | 54.45M | 51.53M | 51.52M | 49.65M |
| Retained Earnings | -30.38M | -38.76M | -36.03M | -35.86M | -30.94M | -24.98M |
| Comprehensive Income & Other | -3.78M | -3.78M | -3.40M | -3.35M | -3.35M | -3.35M |
| Total Common Equity | 24.03M | 9.43M | 15.03M | 12.32M | 17.25M | 21.47M |
| Minority Interest | 13.25M | 14.68M | 5.97M | 1.41M | 1.44M | 1.52M |
| Shareholders' Equity | 37.28M | 24.11M | 21.00M | 13.73M | 18.69M | 23.00M |
| Total Liabilities & Equity | 57.82M | 77.74M | 75.10M | 82.75M | 87.92M | 92.55M |
| Total Debt | 9.04M | 32.83M | 51.49M | 66.06M | 65.79M | 66.36M |
| Net Cash (Debt) | -2.66M | -30.17M | -46.60M | -63.65M | -61.61M | -61.99M |
| Net Cash Per Share | -1.79 | -23.97 | -41.14 | -57.36 | -57.57 | -75.75 |
| Filing Date Shares Outstanding | 1.63M | 1.43M | 1.36M | 1.12M | 1.11M | 1.02M |
| Total Common Shares Outstanding | 1.63M | 1.11M | 1.35M | 1.11M | 1.11M | 1.00M |
| Book Value Per Share | 14.76 | 8.49 | 11.17 | 11.11 | 15.54 | 21.40 |
| Tangible Book Value | 23.51M | 8.41M | 13.67M | 10.62M | 14.81M | 18.59M |
| Tangible Book Value Per Share | 14.44 | 7.57 | 10.16 | 9.57 | 13.34 | 18.53 |
| Land | 2.91M | 10.23M | 14.73M | 13.72M | 16.53M | 14.14M |
| Buildings | 12.48M | 40.07M | 59.53M | 58.18M | 64.67M | 57.32M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 7.68M | -2.39M | 27.52K | -4.57M | -4.77M | -4.36M |
| Depreciation & Amortization | 2.07M | 3.04M | 3.45M | 4.02M | 4.17M | 3.24M |
| Other Amortization | 169.45K | 265.01K | 564.19K | 626.14K | 642.53K | 2.27M |
| Gain (Loss) on Sale of Assets | -12.39M | -69.05K | -2.82M | 596.77K | -124.64K | |
| Gain (Loss) on Sale of Investments | -300.49K | |||||
| Asset Writedown | 6.83K | 74.33K | 182.00 | 90.22K | 36.67K | |
| Stock-Based Compensation | 224.22K | 397.18K | 277.50K | 483.10K | 149.98K | |
| Change in Accounts Receivable | -251.24K | -266.89K | -177.49K | -53.48K | -133.06K | -245.01K |
| Change in Accounts Payable | -440.89K | -236.94K | 90.76K | -103.02K | -109.19K | 87.35K |
| Change in Other Net Operating Assets | -66.08K | -225.26K | -434.80K | 31.37K | -194.17K | -50.24K |
| Other Operating Activities | 3.91M | 937.11K | 781.53K | -2.08K | 426.23K | -170.32K |
| Operating Cash Flow | 639.26K | 1.53M | 1.80M | 104.01K | 1.19M | 832.61K |
| Acquisition of Real Estate Assets | -15.87M | -16.17M | -1.05M | -1.48M | -11.30M | -21.29M |
| Sale of Real Estate Assets | 28.75M | 9.53M | 3.11M | 1.98M | 2.14M | |
| Net Sale / Acq. of Real Estate Assets | 12.87M | -6.64M | 2.06M | -1.48M | -9.32M | -19.14M |
| Other Investing Activities | -524.00K | -337.93K | ||||
| Investing Cash Flow | -4.36M | -6.98M | 2.06M | -1.48M | -9.32M | -19.14M |
| Short-Term Debt Issued | 14.32M | 1.00M | ||||
| Long-Term Debt Issued | 7.51M | 18.48M | 25.68M | |||
| Total Debt Issued | 21.83M | 21.83M | 1.00M | 18.48M | 25.68M | |
| Short-Term Debt Repaid | -14.70M | -1.00M | -325.00K | |||
| Long-Term Debt Repaid | -1.13M | -958.58K | -1.09M | -11.93M | -14.91M | |
| Total Debt Repaid | -15.68M | -15.83M | -1.96M | -1.09M | -11.93M | -15.24M |
| Net Debt Issued (Repaid) | 6.15M | 5.99M | -1.96M | -85.48K | 6.55M | 10.44M |
| Issuance of Common Stock | 2.85M | 1.54M | 11.16M | |||
| Repurchase of Common Stock | -140.79K | -35.17K | -5.00K | -286.54K | ||
| Preferred Share Repurchases | -1.50M | -3.50M | ||||
| Common Dividends Paid | -337.72K | -345.83K | -189.89K | -354.39K | -1.19M | -642.11K |
| Other Financing Activities | 1.70M | -496.16K | 1.24M | -29.27K | -205.65K | -363.79K |
| Net Cash Flow | 3.79M | -1.94M | 2.26M | -1.85M | -1.72M | 2.29M |
| Levered Free Cash Flow | 2.63M | -8.56M | 12.16M | -7.94M | 12.73M | 3.67M |
| Unlevered Free Cash Flow | 3.97M | -7.02M | 13.95M | -5.84M | 14.85M | 5.31M |
| Cash Interest Paid | 2.43M | 2.64M | 2.93M | 3.28M | 3.24M | 4.07M |
| Change in Working Capital | -758.21K | -729.09K | -521.53K | -125.13K | -436.41K | -207.90K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 26.26M | 13.68M | 14.84M | 11.65M | 12.21M | 19.26M |
| Enterprise Value | 28.92M | 64.09M | 70.64M | 76.31M | 74.74M | 74.01M |
| Last Close Price | 11.74 | 12.01 | 12.71 | 9.88 | 10.29 | 16.41 |
| PE Ratio | 2.26 | 538.99 | ||||
| PS Ratio | 2.74 | 1.32 | 1.52 | 1.13 | 1.10 | 1.68 |
| PB Ratio | 0.80 | 0.57 | 0.71 | 0.85 | 0.65 | 0.84 |
| P/OCF Ratio | 41.08 | 8.94 | 8.26 | 111.99 | 10.22 | 23.14 |
| EV/Sales Ratio | 3.02 | 6.17 | 7.26 | 7.43 | 6.74 | 6.45 |
| EV/EBITDA Ratio | 8.79 | 15.88 | 15.85 | 14.72 | 19.79 | 18.84 |
| EV/EBIT Ratio | 23.76 | 64.53 | 69.81 | 65.81 | 107.28 | |
| Debt / Equity Ratio | 0.24 | 1.36 | 2.45 | 4.81 | 3.52 | 2.88 |
| Debt / EBITDA Ratio | 2.75 | 8.14 | 11.55 | 12.75 | 17.42 | 16.89 |
| Net Debt / Equity Ratio | 0.07 | 1.25 | 2.22 | 4.63 | 3.30 | 2.69 |
| Net Debt / EBITDA Ratio | 0.81 | 7.48 | 10.45 | 12.28 | 16.31 | 15.78 |
| Asset Turnover | 0.14 | 0.14 | 0.12 | 0.12 | 0.12 | 0.13 |
| Quick Ratio | 0.62 | 0.20 | 5.35 | 1.82 | 4.68 | 4.37 |
| Current Ratio | 1.77 | 1.62 | 6.44 | 7.20 | 6.13 | 14.20 |
| Return on Equity (ROE) | 42.81% | -8.58% | 4.29% | -28.21% | -22.70% | -25.11% |
| Return on Assets (ROA) | 1.12% | 0.81% | 0.80% | 0.85% | -0.27% | 0.50% |
| Earnings Yield | 44.16% | -17.46% | 0.19% | -39.24% | -39.06% | -22.66% |
| Dividend Yield | 2.30% | 2.19% | 1.95% | 3.05% | 8.73% | 5.00% |
| Payout Ratio | 5.21% | 689.92% | ||||
| Buyback Yield / Dilution | -19.00% | -11.13% | -2.07% | -3.68% | -30.78% | -177.98% |
| Total Shareholder Return | -16.70% | -8.94% | -0.12% | -0.64% | -22.05% | -172.98% |