MDRR · Medalist Diversified REIT, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $10.40M | $9.74M | $10.27M | $11.47M | - | - |
| Cost of Revenue | - | - | - | - | - | $605.4K |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $1.28M | $968.4K | $484.3K | $654.1K | $654.1K | $300.6K |
| Total Operating Expenses | $10.14M | $8.72M | $11.27M | $11.69M | $10.78M | $15.02M |
| D&A | $3.35M | $3.92M | $4.57M | $4.71M | $3.51M | $3.98M |
| Operating Income | $547.9K | $3.73M | ($997.2K) | ($1.41M) | $814.5K | ($5.74M) |
| Interest Expense | $2.62M | $3.02M | $3.54M | $3.56M | $5.53M | $3.96M |
| Income Tax | $0 | - | - | - | $0 | - |
| Net Income | ($2.39M) | $27.5K | ($4.57M) | ($4.77M) | ($4.36M) | ($8.18M) |
| EPS - Basic | ($1.90) | $0.02 | ($4.12) | ($4.48) | ($27.84) | - |
| EPS - Diluted | ($1.90) | $0.02 | ($4.12) | ($4.48) | ($27.84) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.63M | $4.78M | $2.23M | $3.92M | $4.37M | $2.86M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $77.74M | $75.10M | $82.75M | $87.92M | $92.55M | $79.27M |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $51.38M | - | $60.36M | - | $62.13M | $61.21M |
| Total Liabilities | $53.63M | $54.10M | $69.02M | $69.22M | $69.55M | $67.56M |
| Stockholders' Equity | $9.43M | $15.03M | $12.32M | $17.25M | $21.47M | $10.86M |
| Retained Earnings | ($38.76M) | ($36.03M) | ($35.86M) | ($30.94M) | ($24.98M) | ($19.30M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.53M | $1.80M | $104.0K | $1.19M | $832.6K | ($1.68M) |
| Investing Cash Flow | ($6.98M) | $2.06M | ($1.48M) | ($9.32M) | ($19.14M) | ($414.4K) |
| Financing Cash Flow | $3.51M | ($1.60M) | ($474.1K) | $6.40M | $20.60M | $5.12M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 5.3% | 38.3% | -9.7% | -12.3% | - | - |
| EBITDA margin | 37.5% | 78.6% | 34.8% | 28.7% | - | - |
| Net margin | -23.0% | 0.3% | -44.5% | -41.6% | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 12.3% | 9.9% | 4.7% | 5.7% | - | - |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -3.1% | 0.0% | -5.5% | -5.4% | -4.7% | -10.3% |
| Return on equity | -25.3% | 0.2% | -37.1% | -27.6% | -20.3% | -75.3% |
| Return on invested capital | 0.7% | - | - | - | 0.8% | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 5.45 | - | 4.90 | - | 2.89 | 5.64 |
| Debt / Assets | 0.66 | - | 0.73 | - | 0.67 | 0.77 |
| Debt / EBITDA | 13.19 | - | 16.87 | - | 14.37 | - |
| Interest coverage | 0.2x | 1.2x | -0.3x | -0.4x | 0.1x | -1.4x |
| Equity multiplier | 8.24 | 5.00 | 6.72 | 5.10 | 4.31 | 7.30 |
| Liabilities / Assets | 0.69 | 0.72 | 0.83 | 0.79 | 0.75 | 0.85 |
| Efficiency | ||||||
| Asset turnover | 0.13 | 0.13 | 0.12 | 0.13 | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | 554.3x | - | - | - | - |
| P / B | 1.6x | 1.0x | 1.9x | 11.1x | 11.7x | 21.4x |
| P / S | 1.5x | 1.5x | 2.3x | 16.7x | - | - |
| EV / EBITDA | 16.5x | 1.3x | 22.8x | 57.0x | 71.5x | - |
| Growth | ||||||
| Revenue growth (YoY) | 6.8% | -5.2% | -10.5% | - | - | - |
| Revenue CAGR (3y) | -3.2% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -85.3% | - | 29.5% | - | - | -439.2% |
| Net income growth (YoY) | - | - | 4.2% | -9.3% | 46.7% | -198.2% |
| EPS growth (YoY) | - | - | 8.0% | 83.9% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -37.3% | 22.0% | -28.6% | -19.7% | 97.7% | -40.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.40M totalRetail Center Properties$6.31M · 60.7%
Propertyrevenues$2.82M · 27.1%
Single Tenant Net Lease$1.26M · 12.1%
Product / service
$10.40M totalRetail Center Properties$6.31M · 60.7%
Propertyrevenues$2.82M · 27.1%
Single Tenant Net Lease$1.26M · 12.1%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing Medalist Diversified REIT against the 5 most active filers in the same SIC group.
Dividends
$0.27/share trailing 12 months · +11.9% YoY
| Ex-date | Per share |
|---|---|
| Apr 15, 2026 | $0.0680 |
| Jan 8, 2026 | $0.0680 |
| Oct 9, 2025 | $0.0680 |
| Jul 11, 2025 | $0.0680 |
| Apr 17, 2025 | $0.0680 |
| Jan 17, 2025 | $0.0650 |
| Oct 16, 2024 | $0.0600 |
| Jul 23, 2024 | $0.0500 |
| Apr 19, 2024 | $0.0400 |
| Feb 1, 2024 | $0.0200 |
| Apr 24, 2023 | $0.1600 |
| Jan 23, 2023 | $0.1600 |
| Oct 14, 2022 | $0.1600 |
| Jul 15, 2022 | $0.3200 |
| Apr 14, 2022 | $0.3200 |
| Jan 12, 2022 | $0.3200 |
| Oct 22, 2021 | $0.3200 |
| Jul 30, 2021 | $0.3200 |
| Feb 10, 2020 | $2.0000 |
| Nov 12, 2019 | $2.8000 |
| Jul 11, 2019 | $2.8000 |
| May 23, 2019 | $2.8000 |
| Dec 11, 2018 | $2.8000 |