MDV (Modiv Inc.) Stock Financials & Earnings | Market Cap Arena

MDV (Modiv Inc.) Stock Financials & Earnings | Market Cap Arena

MDVModiv Inc.

Mkt Cap$154M

Real Estate·REIT - Diversified·🇺🇸 United States·NYSE

Revenue (TTM)$47M

Net Income (TTM)$1M

EPS (TTM)-$0.22

Free Cash Flow (TTM)$17M

Gross Margin92.6%

Op. Margin33.9%

Net Margin3.0%

FCF Margin34.8%

P/S Ratio (TTM)3.2x

P/E Ratio (TTM)109.3x

YoY Rev Growth-0.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$14M	$12M	$5M
Q1 23	$10M	$9M	-$669K
Q2 23	$12M	$10M	$4M
Q3 23	$13M	$11M	-$5M
Q4 23	$12M	$12M	$4M
Q1 24	$12M	$11M	$7M
Q2 24	$11M	$11M	$5M
Q3 24	$12M	$11M	$5M
Q4 24	$12M	$11M	$5M
Q1 25	$12M	$11M	$5M
Q2 25	$12M	$11M	$1M
Q3 25	$12M	$11M	$5M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q4 22	3.5x	—
Q1 23	3.4x	49.8x
Q2 23	3.3x	31.4x
Q3 23	3.2x	—
Q4 23	3.2x	—
Q1 24	3.1x	176.7x
Q2 24	3.2x	—
Q3 24	3.2x	48.7x
Q4 24	3.3x	25.6x
Q1 25	3.3x	49.4x
Q2 25	3.3x	—
Q3 25	3.2x	109.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$7M	$7M
Q1 23	$3M	$2M
Q2 23	$5M	$5M
Q3 23	$4M	$3M
Q4 23	$5M	$2M
Q1 24	$3M	$3M
Q2 24	$5M	$5M
Q3 24	$5M	$5M
Q4 24	$5M	$5M
Q1 25	$3M	$3M
Q2 25	$4M	$4M
Q3 25	$4M	$4M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$0
Q1 23	$319K
Q2 23	$0
Q3 23	$1M
Q4 23	$3M
Q1 24	$101K
Q2 24	$113K
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$18K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+44.0%	-25.2%
Q1 23	+7.9%	-45.0%
Q2 23	+17.3%	+109.6%
Q3 23	+22.0%	+356.5%
Q4 23	-10.1%	-3.4%
Q1 24	+14.7%	-52.2%
Q2 24	-4.7%	-19.2%
Q3 24	-7.8%	-61.1%
Q4 24	-5.9%	-25.8%
Q1 25	-1.5%	+33.0%
Q2 25	+5.3%	+71.8%
Q3 25	+2.4%	+5.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$660K	4.8%
Q1 23	$660K	6.3%
Q2 23	$660K	5.5%
Q3 23	$8M	67.0%
Q4 23	$1M	11.1%
Q1 24	$1M	11.5%
Q2 24	$67K	0.6%
Q3 24	$75K	0.6%
Q4 24	$65K	0.6%
Q1 25	$484K	4.1%
Q2 25	$810K	6.7%
Q3 25	$811K	6.8%

OpEx Breakdown

Quarter	G&A	S&M
Q4 22	$2M	$660K
Q1 23	$2M	$660K
Q2 23	$2M	$660K
Q3 23	$2M	$8M
Q4 23	$1M	$1M
Q1 24	$3M	—
Q2 24	$1M	—
Q3 24	$2M	—
Q4 24	$1M	—
Q1 25	$2M	—
Q2 25	$1M	$810K
Q3 25	$1M	$811K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$9M	$0	$9M
Q1 23	$13M	$0	$13M
Q2 23	$10M	$0	$10M
Q3 23	$6M	$0	$6M
Q4 23	$3M	$0	$3M
Q1 24	$18M	$0	$18M
Q2 24	$19M	$0	$19M
Q3 24	$7M	$0	$7M
Q4 24	$12M	$0	$12M
Q1 25	$6M	$0	$6M
Q2 25	$6M	$0	$6M
Q3 25	$8M	$0	$8M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	7M	-26.5%
Q1 23	8M	+0.6%
Q2 23	8M	+0.1%
Q3 23	8M	+0.1%
Q4 23	8M	+1.0%
Q1 24	11M	+49.0%
Q2 24	11M	+0.5%
Q3 24	11M	-4.0%
Q4 24	11M	+0.6%
Q1 25	11M	+2.7%
Q2 25	12M	+3.5%
Q3 25	12M	+0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 15	—	—
FY 16	$70K	12
FY 17	$526K	14
FY 18	$3M	6
FY 19	$991K	25
FY 20	$2M	19
FY 21	$2M	20
FY 22	$4M	12
FY 23	$4M	12
FY 24	$4M	12