For the quarter ending 2025-09-30, MDRR made $2,786,241 in revenue. -$395,948 in net income. Net profit margin of -14.21%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 2,786,241 | 2,465,173 | 2,321,640 | 2,548,523 |
| Operating expenses-Retail Center Properties | 464,816 | 407,821 | - | - |
| Operating expenses-Propertyrevenues | 169,496 | 167,944 | - | - |
| Share based compensation expenses | - | - | 397,182 | 69,375 |
| Operating expenses | - | - | 659,354 | 254,703 |
| Operating expenses-Single Tenant Net Lease | 122,066 | 8,682 | - | - |
| Bad debt expense | 365 | - | 1,321 | 8,161.5 |
| Loss on impairment | - | -5,700 | -61,803 | -45.5 |
| Legal, accounting and other professional fees | 430,319 | 315,785 | 426,569 | 311,052 |
| Corporate general and administrative expenses | 268,985 | 357,377 | 353,341 | 742,368 |
| Impairment of assets held for sale | 120,000 | - | - | - |
| Depreciation and amortization | 768,678 | 933,292 | 965,211 | 974,408.5 |
| Total operating expenses | 2,344,725 | 2,196,601 | 2,864,781 | 2,302,242.5 |
| Gain on disposal of investment property | - | - | - | 704,875.5 |
| Loss on extinguishment of debt | - | -27,066 | - | -12,959.25 |
| Loss on redemption of mandatorily redeemable preferred stock | - | - | -9,375 | 668,076.25 |
| Operating income | 441,516 | 241,506 | -552,516 | 1,606,273 |
| Interest expense | 768,816 | 558,840 | 573,016 | 782,758.5 |
| Net (loss) income from operations | -327,300 | -317,334 | -1,125,532 | 823,514.5 |
| Other income | 180,283 | 7,161 | 126,874 | 28,960.5 |
| Other expense | 19,721 | 20,990 | 28,226 | -27,999 |
| Net (loss) income | -166,738 | -331,163 | -1,026,884 | 880,474 |
| Less net (loss) income attributable to noncontrolling interests-Parkway Property | 2,920 | -1,526 | - | - |
| Less net income attributable to operating partnership noncontrolling interests | 226,290 | 126,807 | -15,541 | 107,518 |
| Less net (loss) income attributable to noncontrolling interests | - | - | -4,517 | 226,975 |
| Net (loss) income attributable to medalist common stockholders | -395,948 | -456,444 | -1,006,826 | 538,111 |
| Earnings per share, basic | -0.33 | -0.34 | -0.74 | 0.482 |
| Earnings per share, diluted | -0.33 | -0.34 | -0.74 | 0.482 |
| Weighted average number of shares outstanding, basic | 1,213,052 | 1,353,132 | 1,357,050 | -553,469 |
| Weighted average number of shares outstanding, diluted | 1,213,052 | 1,353,132 | 1,357,050 | -551,059 |
Medalist Diversified REIT, Inc. (MDRR)
Medalist Diversified REIT, Inc. (MDRR)