For the twelve months ended Jun 30, 2026, Medalist Diversified Inc. reported $9.58M of revenue and $7.68M of net income.
MDRR revenue was $1.81M in fiscal Q2 2026 (ended Jun 30, 2026), down 26.6% from a year earlier and down 16.2% from the prior quarter. For the full fiscal 2025 it was $10.40M, up 6.8% from fiscal 2024. Compound annual growth was +2.3% over 5 years. It rose in 4 of the last 7 fiscal years.
MDRR net income was -$418.7K in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$456.4K a year earlier. For the full fiscal 2025 it was -$2.39M, compared with $27.5K in fiscal 2024.
MDRR diluted EPS was -$0.26 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.34 a year earlier. For the full fiscal 2025 it was -$1.90, compared with $0.03 in fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.40M | $9.74M | $10.27M | $11.09M | $11.47M | $9.28M | $8.28M | $6.59M |
| Cost of revenue | - | - | - | - | - | $605.4K | $486.0K | $340.4K |
| Gross profit | - | - | - | - | - | $8.67M | $7.79M | $6.25M |
| Selling, general and admin | $1.28M | $968.4K | $484.3K | $457.7K | $654.1K | $300.6K | $261.9K | $119.7K |
| Operating income | $547.9K | $3.73M | -$997.2K | -$1.41M | $814.5K | -$5.74M | -$1.25M | -$1.06M |
| Interest expense | $2.62M | $3.02M | $3.54M | $3.56M | $5.53M | $3.96M | $2.47M | $1.92M |
| Pre-tax income | -$2.07M | $711.8K | -$4.54M | -$4.97M | -$4.72M | -$9.70M | -$3.72M | -$2.94M |
| Income tax | $0 | $0 | - | - | $0 | - | $0 | $53.2K |
| Net income | -$2.39M | $27.5K | -$4.57M | -$4.77M | -$4.36M | -$8.18M | -$3.02M | -$2.74M |
| EPS, basic | -$1.90 | $0.02 | -$4.12 | -$4.46 | -$5.28 | -$27.84 | -$13.12 | -$22.24 |
| EPS, diluted | -$1.90 | $0.03 | -$4.12 | -$4.46 | -$5.28 | -$27.84 | -$13.12 | -$22.24 |
| Diluted shares | 1.3M | 1.1M | 1.1M | 1.1M | 818,308.563 | 294,373.75 | 238,010.688 | 130,811.25 |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.63M | $6.07M | $3.81M | $5.66M | $7.38M | $5.10M | $2.07M | $4.12M |
| Total assets | $77.74M | $75.10M | $82.75M | $87.92M | $92.55M | $79.27M | $83.24M | $53.11M |
| Short-term debt | - | - | $1.00M | - | - | - | - | - |
| Total debt | $51.38M | - | $60.36M | - | $62.13M | $176.3K | $0 | $33.24M |
| Total liabilities | $53.63M | $54.10M | $69.02M | $69.22M | $69.55M | $67.56M | $62.39M | $34.50M |
| Shareholders' equity | $9.43M | $21.00M | $13.73M | $18.69M | $23.00M | $11.71M | $20.85M | $18.60M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.53M | $1.80M | $104.0K | $1.19M | $832.6K | -$1.68M | $805.7K | -$420.7K |
| Investing cash flow | -$6.98M | $2.06M | -$1.48M | -$9.32M | -$19.14M | -$414.4K | -$34.93M | -$5.42M |
| Financing cash flow | $3.51M | -$1.60M | -$474.1K | $6.40M | $20.60M | $5.12M | $32.08M | $6.67M |
| Dividends paid | - | - | $383.7K | $1.31M | $1.15M | $917.7K | $2.44M | $1.21M |
| Share repurchases | $140.8K | $32.5K | - | $286.5K | - | - | - | - |
| Depreciation and amortization | $3.35M | $3.92M | $4.57M | $4.71M | $3.51M | $3.98M | $2.77M | $2.04M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 6.8% | -5.2% | -7.4% | -3.3% | 23.7% | 12.1% | 25.6% | - |
| Gross margin | - | - | - | - | - | 93.5% | 94.1% | 94.8% |
| Operating margin | 5.3% | 38.3% | -9.7% | -12.7% | 7.1% | -61.9% | -15.1% | -16.2% |
| Net margin | -23.0% | 0.3% | -44.5% | -43.0% | -38.0% | -88.2% | -36.4% | -41.6% |
| Return on equity | -25.3% | 0.1% | -33.3% | -25.5% | -19.0% | -69.9% | -14.5% | -14.7% |
| Return on assets | -3.1% | 0.0% | -5.5% | -5.4% | -4.7% | -10.3% | -3.6% | -5.2% |
| Debt to equity | 5.45 | - | 4.40 | - | 2.70 | 0.02 | 0.00 | 1.79 |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81M | $2.16M | $2.82M | $2.79M | $2.47M | $2.32M | $2.53M | $2.34M | $2.30M | $2.57M | $2.71M | $2.59M |
| Selling, general and admin | $231.7K | $348.2K | $241.4K | $269.0K | $357.4K | $353.3K | $219.5K | $238.2K | $213.9K | $296.8K | $119.5K | $162.6K |
| Operating income | -$394.0K | $12.30M | $479.6K | $441.5K | $241.5K | -$552.5K | $447.8K | $303.3K | $215.8K | $2.76M | $484.5K | -$1.07M |
| Interest expense | $297.7K | $456.1K | $719.7K | $768.8K | $558.8K | $573.0K | $688.8K | $730.9K | $723.4K | $876.7K | $928.3K | $900.2K |
| Pre-tax income | -$203.7K | $12.04M | -$240.1K | -$327.3K | -$331.2K | -$1.03M | -$241.0K | -$427.6K | -$507.6K | $1.89M | -$443.8K | -$1.97M |
| Income tax | $2.4K | -$2.08M | - | - | - | - | $0 | $0 | $0 | $0 | - | - |
| Net income | -$418.7K | $8.97M | -$467.4K | -$395.9K | -$456.4K | -$1.01M | -$281.2K | -$527.0K | -$521.7K | $1.36M | -$523.5K | -$1.95M |
| EPS, basic | -$0.26 | $7.01 | -$0.49 | -$0.33 | -$0.34 | -$0.74 | -$0.26 | -$0.47 | -$0.47 | $1.22 | -$0.47 | -$1.76 |
| EPS, diluted | -$0.26 | $4.85 | -$0.49 | -$0.33 | -$0.34 | -$0.74 | -$0.24 | -$0.47 | -$0.47 | $1.21 | -$0.47 | -$1.76 |
| Diluted shares | 1.6M | 1.8M | - | 1.2M | 1.4M | 1.4M | - | 1.1M | 1.1M | 1.1M | - | 1.1M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $6.38M | $8.60M | $2.63M | $1.89M | $1.95M | $2.74M | $6.07M | $3.12M | $3.83M | $3.64M | $3.81M | $3.02M |
| Total assets | $57.82M | $68.92M | $77.74M | $92.10M | $77.66M | $78.23M | $75.10M | $74.61M | $75.25M | $75.98M | $82.75M | $84.42M |
| Short-term debt | - | - | - | - | - | - | - | - | - | - | $1.00M | $1.00M |
| Total debt | $19.08M | $26.70M | $51.38M | $63.61M | $49.58M | - | - | - | - | - | $60.36M | - |
| Total liabilities | $20.54M | $29.04M | $53.63M | $67.11M | $52.34M | $52.38M | $54.10M | $58.14M | $58.15M | $58.27M | $69.02M | $70.15M |
| Shareholders' equity | $24.03M | $39.89M | $9.43M | $10.38M | $25.32M | $25.85M | $21.00M | $16.47M | $17.10M | $17.71M | $13.73M | $14.27M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $321.0K | -$508.4K | -$741.1K | $1.57M | $244.1K | $460.0K | $385.2K | $139.9K | $778.6K | $492.4K | -$311.6K | -$447.3K |
| Investing cash flow | -$2.74M | $4.65M | $8.98M | -$15.26M | -$480.6K | -$227.5K | -$238.1K | -$304.5K | -$133.1K | $2.74M | -$338.8K | -$403.4K |
| Financing cash flow | $414.3K | $1.16M | -$7.91M | $13.85M | -$363.9K | -$2.07M | $957.0K | -$331.2K | -$317.5K | -$1.90M | -$290.2K | $793.2K |
| Dividends paid | - | - | - | - | - | - | - | - | - | $510.9K | $9.0K | $0 |
| Share repurchases | - | - | $0 | $0 | $34.2K | $106.6K | $0 | - | - | - | - | - |
| Depreciation and amortization | $330.7K | $488.8K | $680.4K | $768.7K | $933.3K | $965.2K | $936.3K | $973.4K | $993.3K | $1.01M | $1.11M | $1.15M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -26.6% | -7.0% | 11.8% | 19.2% | 7.1% | -9.7% | -6.7% | -9.7% | -8.5% | 4.5% | -1.6% | -8.9% |
| Operating margin | -21.8% | 569.5% | 17.0% | 15.8% | 9.8% | -23.8% | 17.7% | 13.0% | 9.4% | 107.5% | 17.9% | -41.2% |
| Net margin | -23.2% | 415.3% | -16.6% | -14.2% | -18.5% | -43.4% | -11.1% | -22.6% | -22.7% | 52.8% | -19.3% | -75.3% |
| Debt to equity | 0.79 | 0.67 | 5.45 | 6.13 | 1.96 | - | - | - | - | - | 4.40 | - |
Source: XBRL data Medalist Diversified Inc. files with the SEC, latest filing dated Aug 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-8, first reported Aug 9, 2023; 1-for-2, first reported Aug 9, 2024.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| MDRR | $9.58M | -0.7% | $7.68M | 80.2% | $16.9M |
| WELL | $13.79B | +39.2% | $1.67B | 12.1% | $179.74B |
| PLD | $8.95B | +6.7% | $3.71B | 41.5% | $120.67B |
| EQIX | $10.06B | +11.1% | $1.65B | 16.4% | $100.25B |
| AMT | $11.01B | +5.3% | $3.31B | 30.1% | $87.55B |
| SPG | $7.15B | +16.2% | $4.51B | 63.0% | $73.91B |
| DLR | $6.34B | +12.6% | $1.38B | 21.7% | $65.90B |
| PSA | $5.03B | +5.2% | $1.90B | 37.8% | $63.05B |
| O | $6.21B | +10.8% | $1.36B | 21.8% | $56.15B |