Medalist Diversified REIT, Inc. (MDRR)

Medalist Diversified REIT Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	10.1	9.74	10.27	11.08	11.43	8.05
Tenant Reimbursements	-	-	-	-	-	1.09
Other Revenue	-	-	-	0.01	0.04	0.13
Total Revenue	10.1	9.74	10.27	11.09	11.47	9.28
Revenue Growth (YoY	1.83%	-5.23%	-7.38%	-3.32%	23.68%	12.07%
Property Expenses	2.64	2.35	2.6	3.93	4.97	4.76
Selling, General & Administrative	2.66	2.14	1.88	2.09	2.12	1.56
Depreciation & Amortization	3.6	3.92	4.57	4.71	3.51	3.98
Other Operating Expenses	-	-	-	0.23	-	-
Total Operating Expenses	9.31	8.72	9.11	11.48	10.78	11.3
Operating Income	0.79	1.01	1.16	-0.39	0.69	-2.02
Interest Expense	-2.59	-3.02	-3.54	-3.56	-5.53	-3.96
Interest & Investment Income	0.03	0.05	0.04	0.01	0.01	-
Other Non-Operating Income	-0.1	-0.1	-0.08	0.22	-0.03	0.12
EBT Excluding Unusual Items	-1.86	-2.06	-2.43	-3.71	-4.86	-5.86
Gain (Loss) on Sale of Assets	-0.12	2.82	-	-0.6	0.12	-3.49
Asset Writedown	-0.07	-0	-0.09	-0.04	-	-0.22
Other Unusual Items	0.12	-0.02	0.01	-0.39	0.38	-
Pretax Income	-1.76	0.74	-4.57	-4.73	-4.36	-9.58
Earnings From Continuing Operations	-1.76	0.74	-4.57	-4.73	-4.36	-9.58
Minority Interest in Earnings	-0.44	-0.72	0	-0.04	-0.01	1.4
Net Income	-2.2	0.03	-4.57	-4.77	-4.36	-8.18
Net Income to Common	-2.2	0.03	-4.57	-4.77	-4.36	-8.18
Basic Shares Outstanding	1	1	1	1	1	0
Diluted Shares Outstanding	1	1	1	1	1	0
Shares Change (YoY)	13.95%	2.07%	3.68%	30.78%	177.98%	27.88%
EPS (Basic)	-1.73	0.02	-4.12	-4.46	-5.33	-27.79
EPS (Diluted)	-1.74	0.02	-4.12	-4.46	-5.33	-27.79
Dividend Per Share	0.287	0.215	0.320	0.960	0.960	-
Dividend Growth	-0.86%	-32.81%	-66.67%	-	-	-
Operating Margin	7.80%	10.39%	11.29%	-3.52%	6.01%	-21.83%
Profit Margin	-21.81%	0.28%	-44.50%	-43.00%	-38.04%	-88.19%
EBITDA	4.03	4.46	5.18	3.78	3.93	1.75
EBITDA Margin	39.88%	45.79%	50.45%	34.05%	34.24%	18.92%
D&A For Ebitda	3.24	3.45	4.02	4.17	3.24	3.78
EBIT	0.79	1.01	1.16	-0.39	0.69	-2.02
EBIT Margin	7.80%	10.39%	11.29%	-3.52%	6.01%	-21.83%
Funds From Operations (FFO)	2.08	1.91	0.09	1	-0.97	-
Adjusted Funds From Operations (AFFO)	-	1.37	-1.27	0.24	0.33	-
FFO Payout Ratio	16.21%	9.95%	389.32%	119.17%	-	-
Revenue as Reported	10.1	9.74	10.27	11.09	11.47	9.28

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q