MDRR Q1 2023 Earnings — Medalist Diversified REIT, Inc. Revenue & Financial Results | Market Cap Arena

MDRRMedalist Diversified REIT, Inc.

$12M

Q1 2023 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$2M-15.3% YoY

Gross Profit

$2M71.7% margin

Operating Income

-$340,716-13.8% margin

Net Income

-$1M-49.6% margin

EPS (Diluted)

$-1.10

QoQ Revenue Growth

-10.5%

Cash Flow

Operating Cash Flow

$450,724

Free Cash Flow

-$196,966

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$87M

Total Liabilities

$69M

Stockholders' Equity

$16M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$3M	-15.3%
Gross Profit	$2M	$2M	-8.1%
Operating Income	-$340,716	-$1M	+68.3%
Net Income	-$1M	-$989,284	-23.5%

Revenue Segments

Retail center property revenues

$2M77%

Flex center property revenues

$569,29723%