MDRR Q1 2024 Earnings — Medalist Diversified REIT, Inc. Revenue & Financial Results | Market Cap Arena

MDRRMedalist Diversified REIT, Inc.

$12M

Q1 2024 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$3M+4.5% YoY

Gross Profit

$2M77.4% margin

Operating Income

-$3M-107.5% margin

Net Income

$1M52.8% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

-5.0%

Cash Flow

Operating Cash Flow

$492,441

Free Cash Flow

$265,779

Stock-Based Comp.

$277,500

Balance Sheet

Total Assets

$76M

Total Liabilities

$58M

Stockholders' Equity

$14M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+4.5%
Gross Profit	$2M	$2M	+12.9%
Operating Income	-$3M	-$340,716	-711.5%
Net Income	$1M	-$1M	+211.1%

Revenue Segments

Flex center property revenues

$664,067100%