For the quarter ending 2026-03-31, MDRR made $2,159,265 in revenue. $8,966,809 in net income. Net profit margin of 415.27%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 2,159,265 | 2,823,564 | 2,786,241 | 2,465,173 |
| Operating expenses-Retail Center Properties | - | 565,340.5* | 464,816 | 407,821 |
| Operating expenses-Propertyrevenues | - | 222,660* | 169,496 | 167,944 |
| Operating expenses-Single Tenant Net Lease | - | -21,006* | 122,066 | 8,682 |
| Operating expenses-Investment Properties | 641,264 | - | - | - |
| Bad debt expense | - | -147* | 365 | - |
| Operating expenses-Delaware Statutory Trust Program | 222,896 | - | - | - |
| Share based compensation expense | 224,220 | 285,653* | - | - |
| Legal, accounting and other professional fees | 415,779 | 422,034 | 430,319 | 315,785 |
| Corporate general and administrative expenses | 348,189 | 303,631 | 268,985 | 357,377 |
| Gain on impairment | - | 26,926.5* | - | -5,700 |
| Impairment of assets held for sale | - | 302,394* | 120,000 | - |
| Depreciation and amortization | 488,770 | 680,396 | 768,678 | 933,292 |
| Total operating expenses | 2,341,118 | 2,734,029 | 2,344,725 | 2,196,601 |
| Gain on disposal of investment properties | 12,850,227 | 182,859.75* | - | - |
| Loss on extinguishment of debt | -372,340 | 126,251.25* | - | -27,066 |
| Gain on redemption of mandatorily redeemable preferred stock | - | 18,750* | - | - |
| Operating income (loss) | 12,296,034 | 417,396 | 441,516 | 241,506 |
| Interest expense | 456,095 | 719,724 | 768,816 | 558,840 |
| Net income (loss) from operations | 11,839,939 | - | - | - |
| Other income | 275,815 | 47,180 | 180,283 | 7,161 |
| Other expense | 71,627 | 155,840 | 19,721 | 20,990 |
| Net income (loss) before income taxes | 12,044,127 | -302,328 | -327,300 | -317,334 |
| Income tax benefit | -2,078,642 | - | - | - |
| Net income (loss) | 14,122,769 | -410,988 | -166,738 | -331,163 |
| Less net income attributable to noncontrolling interests-Parkway Property | 183,338 | 4,159 | 2,920 | -1,526 |
| Less net income attributable to noncontrolling interests-Delaware Statutory Trust Entities | 43,827 | - | - | - |
| Less net income (loss) attributable to operating partnership noncontrolling interests | 4,928,795 | 114,472 | 226,290 | 126,807 |
| Net income (loss) attributable to medalist common stockholders | 8,966,809 | -529,619 | -395,948 | -456,444 |
| Basic EPS | 7.01 | -0.477 | -0.33 | -0.34 |
| Diluted EPS | 4.85 | -0.477 | -0.33 | -0.34 |
| Basic Average Shares | 1,279,523 | 1,111,174 | 1,213,052 | 1,353,132 |
| Diluted Average Shares | 1,848,135 | 1,111,174 | 1,213,052 | 1,353,132 |
Medalist Diversified REIT, Inc. (MDRR)
Medalist Diversified REIT, Inc. (MDRR)