NYSE : MLP
Maui Land & Pineapple Company, Inc. — Financial statements
Real Estate · Real Estate Services · United States
Last price 14.39 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 285.77M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Maui Land & Pineapple Company, Inc. (MLP) reported revenue of 16.15M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 16.15M | 19.46M | 11.56M | 9.29M | 20.96M | 12.44M |
| Cost of Revenue | 11.79M | 13.81M | 7.59M | 6.55M | 6.17M | 5.60M |
| Gross Profit | 4.36M | 5.65M | 3.98M | 2.74M | 14.79M | 6.84M |
| Selling, General & Admin | 4.66M | 11.66M | 5.25M | 4.43M | 10.68M | 7.30M |
| Operating Expenses | 9.68M | 17.11M | 12.28M | 8.15M | 13.07M | 9.94M |
| Operating Income | -5.32M | -11.46M | -8.30M | -5.41M | 1.72M | -3.10M |
| Interest Expense | -276.00K | -216.00K | -61.00K | -6.00K | -6.00K | -122.00K |
| Interest & Investment Income | 1.40M | 1.40M | 1.30M | 500.00K | ||
| Other Non Operating Income (Expenses) | -722.00K | -1.05M | -376.00K | 207.00K | ||
| EBT Excluding Unusual Items | -4.92M | -11.32M | -7.44M | -4.71M | 1.72M | -3.22M |
| Gain (Loss) on Sale of Investments | -40.00K | -40.00K | 71.00K | 13.00K | ||
| Gain (Loss) on Sale of Assets | -16.00K | -15.00K | 48.00K | |||
| Asset Writedown | 1.63M | |||||
| Other Unusual Items | -255.00K | 200.00K | ||||
| Pretax Income | -4.63M | -10.58M | -7.39M | -3.08M | 1.79M | -3.20M |
| Earnings From Continuing Operations | -4.63M | -10.58M | -7.39M | -3.08M | 1.79M | -3.20M |
| Earnings From Discontinued Operations | -216.00K | |||||
| Net Income | -4.63M | -10.58M | -7.39M | -3.08M | 1.79M | -3.42M |
| Net Income to Common | -4.63M | -10.58M | -7.39M | -3.08M | 1.79M | -3.42M |
| Shares Outstanding (Basic) | 19.75M | 19.70M | 19.60M | 19.60M | 19.40M | 19.40M |
| Shares Outstanding (Diluted) | 19.75M | 19.70M | 19.60M | 20.53M | 19.40M | 19.40M |
| EPS (Basic) | -0.23 | -0.54 | -0.38 | -0.16 | 0.09 | -0.18 |
| EPS (Diluted) | -0.23 | -0.54 | -0.38 | -0.16 | 0.09 | -0.18 |
| Free Cash Flow | -3.54M | -484.00K | -1.50M | -1.99M | 6.26M | 1.36M |
| Free Cash Flow Per Share | -0.18 | -0.03 | -0.08 | -0.10 | 0.32 | 0.07 |
| Gross Margin | 26.99% | 29.04% | 34.40% | 29.52% | 70.56% | 55.00% |
| Operating Margin | -32.94% | -58.89% | -71.79% | -58.21% | 8.22% | -24.87% |
| Profit Margin | -28.66% | -54.37% | -63.91% | -33.16% | 8.53% | -27.48% |
| Free Cash Flow Margin | -21.91% | -2.49% | -12.98% | -21.41% | 29.88% | 10.91% |
| EBITDA | -4.24M | -10.32M | -7.58M | -4.62M | 2.84M | -1.79M |
| EBITDA Margin | -26.23% | -53.06% | -65.53% | -49.76% | 13.54% | -14.42% |
| D&A For EBITDA | 1.08M | 1.14M | 723.00K | 785.00K | 1.12M | 1.30M |
| EBIT | -5.32M | -11.46M | -8.30M | -5.41M | 1.72M | -3.10M |
| EBIT Margin | -32.94% | -58.89% | -71.78% | -58.21% | 8.22% | -24.87% |
| Revenue as Reported | 16.15M | 19.46M | 11.56M | 9.29M | 20.96M | 12.44M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.28M | 5.29M | 6.83M | 5.70M | 8.50M | 5.60M |
| Short-Term Investments | 2.69M | 2.67M | 2.43M | |||
| Cash & Short-Term Investments | 3.28M | 5.29M | 9.52M | 8.37M | 10.93M | 5.60M |
| Accounts Receivable | 1.67M | 1.37M | 5.02M | 1.17M | 892.00K | 1.10M |
| Receivables | 1.67M | 1.37M | 5.02M | 1.17M | 892.00K | 1.10M |
| Prepaid Expenses | 910.00K | 608.00K | 507.00K | 467.00K | 368.00K | 333.00K |
| Restricted Cash | 10.00K | |||||
| Other Current Assets | 1.79M | 1.83M | 82.00K | 3.02M | 3.14M | |
| Total Current Assets | 7.66M | 9.10M | 15.13M | 10.00M | 15.22M | 10.18M |
| Property, Plant & Equipment | 19.36M | 18.76M | 17.43M | 16.06M | 15.88M | 17.00M |
| Long-Term Investments | 968.00K | 2.07M | 551.00K | |||
| Long-Term Deferred Charges | 19.82M | 17.40M | 14.41M | 12.81M | 9.57M | 9.56M |
| Other Long-Term Assets | 2.79M | 2.71M | 2.21M | 1.27M | 1.19M | 1.18M |
| Total Assets | 49.62M | 47.97M | 50.14M | 42.22M | 42.41M | 37.92M |
| Accounts Payable | 1.61M | 2.77M | 2.32M | 1.15M | 589.00K | 580.00K |
| Accrued Expenses | 2.46M | 2.78M | 1.05M | 644.00K | 1.01M | 1.09M |
| Current Portion of Long-Term Debt | 102.00K | 85.00K | 3.08M | |||
| Current Portion of Leases | 128.00K | 106.00K | 12.00K | |||
| Current Unearned Revenue | 975.00K | 833.00K | 4.01M | 217.00K | 227.00K | 217.00K |
| Other Current Liabilities | 1.28M | 786.00K | 730.00K | 465.00K | 480.00K | 509.00K |
| Total Current Liabilities | 6.55M | 7.36M | 11.21M | 2.48M | 2.31M | 2.40M |
| Long-Term Debt | 8.69M | 4.10M | 168.00K | |||
| Long-Term Leases | 380.00K | 413.00K | 12.00K | |||
| Long-Term Unearned Revenue | 1.03M | 1.10M | 1.23M | 1.37M | 1.50M | 1.63M |
| Pension & Post-Retirement Benefits | 2.37M | 1.55M | 2.61M | 7.94M | ||
| Other Long-Term Liabilities | 1.91M | 1.93M | 1.97M | 2.12M | 2.21M | 2.36M |
| Total Liabilities | 18.57M | 14.90M | 16.96M | 7.52M | 8.63M | 14.33M |
| Common Stock | 88.66M | 87.58M | 85.88M | 84.68M | 83.39M | 82.38M |
| Additional Paid-In Capital | 17.95M | 17.35M | 15.20M | 10.54M | 9.18M | 9.18M |
| Retained Earnings | -75.28M | -71.59M | -61.01M | -53.62M | -50.54M | -52.32M |
| Comprehensive Income & Other | -276.00K | -276.00K | -6.89M | -6.90M | -8.27M | -15.65M |
| Shareholders' Equity | 31.06M | 33.06M | 33.18M | 34.70M | 33.77M | 23.59M |
| Total Liabilities & Equity | 49.62M | 47.97M | 50.14M | 42.22M | 42.41M | 37.92M |
| Total Debt | 9.30M | 4.71M | 3.28M | |||
| Net Cash (Debt) | -6.02M | 589.00K | 6.25M | 8.37M | 10.93M | 5.60M |
| Net Cash Per Share | -0.30 | 0.03 | 0.32 | 0.41 | 0.56 | 0.29 |
| Filing Date Shares Outstanding | 19.86M | 19.87M | 19.74M | 19.68M | 19.61M | 19.43M |
| Total Common Shares Outstanding | 19.88M | 19.76M | 19.66M | 19.62M | 19.48M | 19.38M |
| Working Capital | 1.11M | 1.74M | 3.92M | 7.52M | 12.91M | 7.78M |
| Book Value Per Share | 1.56 | 1.67 | 1.69 | 1.77 | 1.73 | 1.22 |
| Tangible Book Value | 31.06M | 33.06M | 33.18M | 34.70M | 33.77M | 23.59M |
| Tangible Book Value Per Share | 1.56 | 1.67 | 1.69 | 1.77 | 1.73 | 1.22 |
| Land | 7.75M | 7.71M | 7.71M | 5.05M | 5.05M | 5.06M |
| Buildings | 20.61M | 20.50M | 19.34M | 22.87M | 22.87M | 22.87M |
| Machinery | 7.49M | 6.95M | 6.66M | 10.50M | 10.36M | 10.36M |
| Construction In Progress | 749.00K | 528.00K | 1.37M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -4.63M | -10.58M | -7.39M | -3.08M | 1.79M | -3.42M |
| Depreciation & Amortization | 1.08M | 1.14M | 723.00K | 785.00K | 1.12M | 1.30M |
| Loss (Gain) From Sale of Assets | 15.00K | 15.00K | 84.00K | -1.61M | 29.00K | |
| Loss (Gain) on Equity Investments | -341.00K | |||||
| Stock-Based Compensation | 4.12M | 4.12M | 5.56M | 2.60M | 855.00K | 705.00K |
| Provision & Write-off of Bad Debts | 460.00K | 460.00K | 227.00K | 142.00K | 28.00K | 68.00K |
| Other Operating Activities | -7.62M | 274.00K | 167.00K | 324.00K | ||
| Change in Accounts Receivable | 3.00M | 3.00M | -4.08M | -416.00K | 183.00K | 191.00K |
| Change in Accounts Payable | 936.00K | 936.00K | 873.00K | 102.00K | 9.00K | -319.00K |
| Change in Unearned Revenue | -133.00K | -133.00K | 1.85M | |||
| Change in Other Net Operating Assets | 3.12M | 3.12M | 2.59M | 108.00K | 2.12M | 2.47M |
| Operating Cash Flow | 356.00K | 2.08M | 370.00K | -1.37M | 6.26M | 1.39M |
| Capital Expenditures | -3.89M | -2.56M | -1.87M | -618.00K | -29.00K | |
| Sale of Property, Plant & Equipment | 4.20M | |||||
| Investment in Securities | 984.00K | 3.83M | 1.43M | -152.00K | -2.98M | |
| Other Investing Activities | -4.65M | -4.65M | -1.66M | -94.00K | -33.00K | -74.00K |
| Investing Cash Flow | -7.56M | -3.38M | -2.10M | -864.00K | -3.02M | 4.10M |
| Long-Term Debt Issued | 1.00M | 3.00M | 600.00K | |||
| Long-Term Debt Repaid | -972.00K | -21.00K | -800.00K | |||
| Net Debt Issued (Repaid) | 4.78M | 28.00K | 2.98M | -200.00K | ||
| Other Financing Activities | -832.00K | -268.00K | -111.00K | -574.00K | -335.00K | -560.00K |
| Financing Cash Flow | 3.95M | -240.00K | 2.87M | -574.00K | -335.00K | -760.00K |
| Net Cash Flow | -3.25M | -1.54M | 1.14M | -2.81M | 2.91M | 4.73M |
| Free Cash Flow | -3.54M | -484.00K | -1.50M | -1.99M | 6.26M | 1.36M |
| Free Cash Flow Margin | -21.91% | -2.49% | -12.98% | -21.41% | 29.88% | 10.91% |
| Free Cash Flow Per Share | -0.18 | -0.03 | -0.08 | -0.10 | 0.32 | 0.07 |
| Levered Free Cash Flow | -7.73M | -3.54M | 1.60M | 2.46M | 3.67M | 4.66M |
| Unlevered Free Cash Flow | -7.55M | -3.41M | 1.64M | 2.46M | 3.67M | 4.74M |
| Cash Interest Paid | 9.00K | |||||
| Change in Working Capital | 6.93M | 6.93M | 1.23M | -206.00K | 2.31M | 2.34M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 284.98M | 334.42M | 431.50M | 311.83M | 183.87M | 193.60M |
| Enterprise Value | 291.00M | 332.59M | 425.66M | 302.31M | 172.79M | 188.74M |
| Last Close Price | 14.40 | 16.94 | 21.98 | 15.89 | 9.42 | 9.96 |
| PE Ratio | 102.89 | |||||
| PS Ratio | 17.71 | 17.19 | 37.31 | 33.57 | 8.77 | 15.56 |
| PB Ratio | 9.22 | 10.12 | 13.01 | 8.98 | 5.44 | 8.21 |
| P/TBV Ratio | 9.21 | 10.12 | 13.01 | 8.98 | 5.44 | 8.21 |
| P/FCF Ratio | 29.36 | 142.56 | ||||
| P/OCF Ratio | 803.29 | 161.17 | 1,166.22 | 29.36 | 139.58 | |
| EV/Sales Ratio | 18.08 | 17.09 | 36.81 | 32.55 | 8.24 | 15.17 |
| EV/EBITDA Ratio | 60.88 | |||||
| EV/EBIT Ratio | 100.34 | |||||
| EV/FCF Ratio | 27.59 | 138.99 | ||||
| Debt / Equity Ratio | 0.30 | 0.14 | 0.10 | |||
| Net Debt / Equity Ratio | 0.19 | -0.02 | -0.19 | -0.24 | -0.32 | -0.24 |
| Net Debt / EBITDA Ratio | -1.42 | 0.06 | 0.82 | 1.81 | -3.85 | 3.12 |
| Net Debt / FCF Ratio | -1.70 | 1.22 | 4.16 | 4.21 | -1.75 | -4.12 |
| Asset Turnover | 0.34 | 0.40 | 0.25 | 0.22 | 0.52 | 0.33 |
| Quick Ratio | 0.76 | 0.91 | 1.30 | 3.85 | 5.12 | 2.79 |
| Current Ratio | 1.17 | 1.24 | 1.35 | 4.03 | 6.60 | 4.25 |
| Return on Equity (ROE) | -16.14% | -31.94% | -21.77% | -9.00% | 6.23% | -14.68% |
| Return on Assets (ROA) | -6.97% | -14.60% | -11.24% | -7.99% | 2.68% | -5.06% |
| Return on Capital Employed (ROCE) | -12.30% | -28.20% | -21.30% | -13.60% | 4.30% | -8.70% |
| Earnings Yield | -1.63% | -3.16% | -1.71% | -0.99% | 0.97% | -1.77% |
| FCF Yield | -1.24% | -0.14% | -0.35% | -0.64% | 3.41% | 0.70% |
| Buyback Yield / Dilution | -0.25% | -0.51% | 4.54% | -5.84% | -0.61% |