Medalist Diversified, Inc (MDRR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MDRR SEC filings page.
Medalist Diversified, Inc (MDRR) reported $9.6M in revenue over the twelve months to Jun 30, 2026, down 0.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Medalist's dominant mechanic is an asset-heavy, highly leveraged structure where depreciation and interest can absorb operating profits.
The FY2024-to-FY2025 reversal—from operating income of$3.7M to$548K —translated into net income moving from$28K to a-$2.4M loss, showing that operating results do not reliably reach shareholders. Interest expense remained$2.6M while depreciation and amortization were$3.3M in FY2025, so financing costs and noncash asset charges together explain much of the earnings volatility.
Cash conversion differs from reported earnings: operating cash flow was
The balance sheet carries considerable leverage: FY2025 liabilities of
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Medalist Diversified, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Medalist Diversified, Inc scores 36/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Medalist Diversified, Inc scores 98/100 on it among other REITs.
Medalist Diversified, Inc's net debt of $48.7M, being $51.4M of long-term debt less $2.6M of cash, came to 12.51 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and Medalist Diversified, Inc scores 9/100 among other REITs.
Medalist Diversified, Inc's operating income of $548K covered its interest expense of $2.6M 0.21 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and Medalist Diversified, Inc scores 25/100 among other REITs.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Medalist Diversified, Inc scores 43/100 on it among other REITs.
Not available for Medalist Diversified, Inc, and counted as zero in the overall score.
Medalist Diversified, Inc passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Medalist Diversified, Inc reported a net loss of $2.4M while generating $1.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Medalist Diversified, Inc earns $0.21 in operating income for every $1 of interest expense ($548K vs $2.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Medalist Diversified, Inc generated $1.8M in revenue in Q2 2026. This represents a decrease of 26.6% from the same quarter a year earlier. Against the prior quarter it is down 16.2%.
Medalist Diversified, Inc's EBITDA was -$63K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 105.4% from the same quarter a year earlier. Against the prior quarter it is down 100.5%.
Medalist Diversified, Inc reported -$419K in net income in Q2 2026. This represents an increase of 8.3% from the same quarter a year earlier. Against the prior quarter it is down 104.7%.
Medalist Diversified, Inc earned -$0.26 per diluted share (EPS) in Q2 2026. This represents an increase of 23.5% from the same quarter a year earlier. Against the prior quarter it is down 105.4%.
Cash & Balance Sheet
Medalist Diversified, Inc held $6.4M in cash against $19.1M in long-term debt as of Q2 2026.
Medalist Diversified, Inc paid $0.07 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 3.6%.
Not reported for Q2 2026.
Margins & Returns
Medalist Diversified, Inc's operating margin was -21.8% in Q2 2026, reflecting core business profitability. This is down 31.6 percentage points from the same quarter a year earlier.
Medalist Diversified, Inc's net profit margin was -23.2% in Q2 2026, showing the share of revenue converted to profit. This is down 4.6 percentage points from the same quarter a year earlier.
Medalist Diversified, Inc's ROE was -1.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 41.9 percentage points.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
MDRR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8M-26.6% | $2.2M-7.0% | $2.8M+11.8% | $2.8M+19.2% | $2.5M+7.1% | $2.3M-9.7% | $2.5M-6.7% | $2.3M-9.7% |
| SG&A Expenses | $232K-35.2% | $348K-1.5% | $304K+38.3% | $269K+12.9% | $357K+67.0% | $353K+19.1% | $220K+83.7% | $238K+46.4% |
| Operating Income | -$394K-263.1% | $12.3M+2325.5% | $417K-6.8% | $442K+45.6% | $242K+11.9% | -$553K-120.0% | $448K-7.6% | $303K+128.4% |
| EBITDA | -$63K-105.4% | $12.8M+2997.9% | $1.1M-20.7% | $1.2M-5.2% | $1.2M-2.8% | $413K-89.1% | $1.4M-13.5% | $1.3M+1438.8% |
| Interest Expense | $298K-46.7% | $456K-20.4% | $720K+4.5% | $769K+5.2% | $559K-22.7% | $573K-34.6% | $689K-25.8% | $731K-18.8% |
| Income Tax | $2K | -$2.1M | N/A | N/A | N/A | N/A | N/A | $0 |
| Net Income | -$419K+8.3% | $9.0M+990.6% | -$530K-88.4% | -$396K+24.9% | -$456K+12.5% | -$1.0M-174.2% | -$281K+46.3% | -$527K+73.0% |
| EPS (Basic) | -$0.26+23.5% | $7.01+1047.3% | -$0.43-68.0% | -$0.33+29.8% | -$0.34+27.7% | -$0.74-160.7% | -$0.26+45.5% | -$0.47+73.3% |
| EPS (Diluted) | -$0.26+23.5% | $4.85+755.4% | -$0.43-68.0% | -$0.33+29.8% | -$0.34+27.7% | -$0.74-161.2% | -$0.26+45.5% | -$0.47 |
| Diluted Shares (Avg) | 2M+17.7% | 2M+36.2% | N/A | 1M+8.7% | 1M+21.0% | 1M+20.7% | N/A | 1M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
MDRR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $57.8M-25.5% | $68.9M-11.9% | $77.7M+3.5% | $92.1M+23.5% | $77.7M+3.2% | $78.2M+3.0% | $75.1M-9.2% | $74.6M-11.6% |
| Cash & Equivalents | $6.4M+227.2% | $8.6M+213.6% | $2.6M-44.9% | $1.9M-39.6% | $2.0M-49.0% | $2.7M-24.6% | $4.8M+113.7% | $3.1M+3.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $33.8M-35.4% | $46.6M-11.0% | $53.6M-0.9% | $67.1M+15.4% | $52.3M-10.0% | $52.4M-10.1% | $54.1M-21.6% | $58.1M-17.1% |
| Long-Term Debt | $19.1M-61.5% | $26.7M | $51.4M | $63.6M | $49.6M | N/A | N/A | N/A |
| Total Equity | $24.0M+79.2% | $22.3M+59.4% | $9.4M-37.3% | $10.4M-17.4% | $13.4M+1.8% | $14.0M+1.8% | $15.0M+22.0% | $12.6M-2.2% |
| Retained Earnings | -$30.4M+19.5% | -$29.9M+19.5% | -$38.8M-7.6% | -$38.2M-7.1% | -$37.7M-7.5% | -$37.1M-7.5% | -$36.0M-0.5% | -$35.7M-1.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
MDRR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $321K+31.5% | -$508K-210.5% | -$741K-292.4% | $1.6M+1020.8% | $244K-68.6% | $460K-6.6% | $385K+223.6% | $140K+131.3% |
| Depreciation & Amortization | $331K-64.6% | $489K-49.4% | $680K-27.3% | $769K-21.0% | $933K-6.0% | $965K-4.7% | $936K-16.0% | $973K-15.3% |
| Stock-Based Compensation | N/A | $224K-43.5% | N/A | N/A | N/A | $397K+43.1% | N/A | N/A |
| Investing Cash Flow | -$2.7M-470.7% | $4.7M+2145.7% | $9.0M+3873.0% | -$15.3M-4909.7% | -$481K-261.2% | -$227K-108.3% | -$238K+29.7% | -$305K+24.5% |
| Financing Cash Flow | $414K+213.8% | $1.2M+155.9% | -$7.9M-926.7% | $13.9M+4282.4% | -$364K-14.6% | -$2.1M-8.6% | $957K+429.8% | -$331K-141.8% |
| Share Buybacks | N/A | N/A | $0 | $0 | $34K | $107K | $0 | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.
MDRR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -21.8%-31.6pp | 569.4% | 14.8%-3.0pp | 15.8%+2.9pp | 9.8%+0.4pp | -23.8% | 17.7%-0.2pp | 13.0%+54.2pp |
| Net Margin | -23.2%-4.6pp | 415.3% | -18.8%-7.6pp | -14.2%+8.3pp | -18.5%+4.2pp | -43.4%-96.2pp | -11.1%+8.2pp | -22.6%+52.7pp |
| Return on Equity | -1.7%+1.7pp | 40.2%+47.4pp | -5.6%-3.7pp | -3.8%+0.4pp | -3.4%+0.6pp | -7.2%-17.1pp | -1.9%+2.4pp | -4.2%+11.0pp |
| Return on Assets | -0.7%-0.1pp | 13.0%+14.3pp | -0.7%-0.3pp | -0.4%+0.3pp | -0.6%+0.1pp | -1.3%-3.1pp | -0.4%+0.3pp | -0.7%+1.6pp |
| Debt-to-Equity | 0.79-2.9x | 1.20-2.5x | 5.45+1.9x | 6.13+1.5x | 3.70-0.7x | 3.74-0.5x | 3.60-1.3x | 4.63-0.8x |
| Asset Turnover | 0.030.0x | 0.030.0x | 0.040.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Medalist Diversified, Inc MDRR | FY2025 | $10.4M | -$2.4M | -23.0% | $19.7M | 35/100 |
| Presidio Ppty Tr Inc SQFT | FY2025 | $16.8M | -$8.3M | -49.2% | $1.9M | 13/100 |
| Generation Incom GIPR | FY2025 | $9.7M | -$10.3M | N/A | $1.6M | 4/100 |
| FrontView REIT, Inc. FVR | FY2025 | $67.1M | -$3.8M | -5.7% | $466.6M | 49/100 |
| Nexpoint Diversified Real Estate Trust NXDT | FY2025 | $86.0M | -$127.0M | N/A | $290.5M | 5/100 |
| Presidio Property SQFTP | FY2025 | $16.8M | -$8.3M | -49.2% | N/A | 13/100 |
Where Medalist Diversified, Inc Ranks
Frequently Asked Questions
What is Medalist Diversified, Inc's annual revenue?
Medalist Diversified, Inc (MDRR) reported $10.4M in total revenue for fiscal year 2025. This represents a 6.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Medalist Diversified, Inc's revenue growing?
Medalist Diversified, Inc (MDRR) revenue grew by 6.8% year-over-year, from $9.7M to $10.4M in fiscal year 2025.
Is Medalist Diversified, Inc profitable?
No, Medalist Diversified, Inc (MDRR) reported a net income of -$2.4M in fiscal year 2025, with a net profit margin of -23.0%.
What is Medalist Diversified, Inc's EBITDA?
Medalist Diversified, Inc (MDRR) had EBITDA of $3.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Medalist Diversified, Inc have?
As of fiscal year 2025, Medalist Diversified, Inc (MDRR) had $2.6M in cash and equivalents against $51.4M in long-term debt.
What is Medalist Diversified, Inc's operating margin?
Medalist Diversified, Inc (MDRR) had an operating margin of 5.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Medalist Diversified, Inc's net profit margin?
Medalist Diversified, Inc (MDRR) had a net profit margin of -23.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Medalist Diversified, Inc pay dividends?
Yes, Medalist Diversified, Inc (MDRR) paid $0.27 per share in dividends during fiscal year 2025.
What is Medalist Diversified, Inc's return on equity (ROE)?
Medalist Diversified, Inc (MDRR) has a return on equity of -25.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Medalist Diversified, Inc's operating cash flow?
Medalist Diversified, Inc (MDRR) generated $1.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Medalist Diversified, Inc's total assets?
Medalist Diversified, Inc (MDRR) had $77.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Medalist Diversified, Inc's debt-to-equity ratio?
Medalist Diversified, Inc (MDRR) had a debt-to-equity ratio of 5.45 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Medalist Diversified, Inc's return on assets (ROA)?
Medalist Diversified, Inc (MDRR) had a return on assets of -3.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Medalist Diversified, Inc's P/E ratio?
Medalist Diversified, Inc (MDRR) trades at 2.6x earnings, its market capitalization divided by net income of $7.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $19.7M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Medalist Diversified, Inc's price-to-sales ratio?
Medalist Diversified, Inc (MDRR) trades at 2.1x sales, its market capitalization divided by revenue of $9.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $19.7M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Medalist Diversified, Inc's Piotroski F-Score?
Medalist Diversified, Inc (MDRR) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Medalist Diversified, Inc's earnings high quality?
Medalist Diversified, Inc (MDRR) reported a net loss of $2.4M while generating $1.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Medalist Diversified, Inc cover its interest payments?
Medalist Diversified, Inc (MDRR) has an interest coverage ratio of 0.21x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Medalist Diversified, Inc?
Medalist Diversified, Inc (MDRR) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.