MDRR Q2 2023 Earnings — Medalist Diversified REIT, Inc. Revenue & Financial Results | Market Cap Arena

MDRRMedalist Diversified REIT, Inc.

$12M

Q2 2023 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$3M-3.1% YoY

Gross Profit

$2M72.0% margin

Operating Income

-$922,664-36.7% margin

Net Income

-$877,664-34.9% margin

EPS (Diluted)

$-0.79

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$412,199

Free Cash Flow

$318,930

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$85M

Total Liabilities

$69M

Stockholders' Equity

$15M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	-3.1%
Gross Profit	$2M	$2M	+9.6%
Operating Income	-$922,664	-$1M	+11.0%
Net Income	-$877,664	-$1M	+13.5%

Revenue Segments

Retail center property revenues

$2M76%

Flex center property revenues

$612,13224%