For the year ending 2025-12-31, MDRR made $10,396,618 in revenue. -$2,388,837 in net income. Net profit margin of -22.98%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 10,396,618 | 9,735,127 | ||
| Operating expenses-Retail Center Properties | 1,874,296 | - | ||
| Operating expenses-Propertyrevenues | 728,820 | - | ||
| Operating expenses-Single Tenant Net Lease | 175,116 | - | ||
| Bad debt expense | 2,382 | 39,910 | ||
| Share based compensation expense | 397,182 | 277,500 | ||
| Legal, accounting and other professional fees | 1,594,707 | 1,170,270 | ||
| Corporate general and administrative expenses | 1,283,334 | 1,936,870 | ||
| Loss on impairment | -74,328 | -182 | ||
| Impairment of assets held for sale | 662,394 | - | ||
| Operating expenses | - | 1,621,898 | ||
| Depreciation and amortization | 3,347,577 | 3,915,483 | ||
| Total operating expenses | 10,140,136 | 8,723,519 | ||
| Gain on disposal of investment properties | 731,439 | 2,819,502 | ||
| Loss on extinguishment of debt | -430,644 | -51,837 | ||
| Loss on redemption of mandatorily redeemable preferred stock | -9,375 | -47,680 | ||
| Operating income | 547,902 | 3,731,593 | ||
| Interest expense | 2,620,396 | 3,019,799 | ||
| Net (loss) income from operations | -2,072,494 | 711,794 | ||
| Other income | 361,498 | 88,856 | ||
| Other expense | 224,777 | 56,325 | ||
| Net (loss) income | -1,935,773 | 744,325 | ||
| Less net income (loss) attributable to noncontrolling interests-Parkway Property | 1,036 | - | ||
| Less net income attributable to operating partnership noncontrolling interests | 452,028 | 266,107 | ||
| Less net (loss) income attributable to noncontrolling interests | - | 450,694 | ||
| Net (loss) income attributable to medalist common stockholders | -2,388,837 | 27,524 | ||
| Basic EPS | -1.9 | 0.024 | ||
| Diluted EPS | -1.9 | 0.024 | ||
| Basic Average Shares | 1,258,602 | 1,127,768 | ||
| Diluted Average Shares | 1,258,602 | 1,132,588 | ||
Medalist Diversified REIT, Inc. (MDRR)
Medalist Diversified REIT, Inc. (MDRR)