English

Medalist Diversified REIT, Inc.

EDGAR

MDRR Current report (8-K) · filed 2026-10-19

Annual consolidated revenue for 2025: about Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 10.4M, using the latest reported figures. The previous period, 2024, was about Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 9.735M.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

2.79 million Unit_Standard_USD_Wh1OlhHv7UOwLW0AAwkDmg

2025 Q3 · Unit_Standard_USD_Wh1OlhHv7UOwLW0AAwkDmg

Exact inputs and evidence

Revenue: 2786241 Unit_Standard_USD_Wh1OlhHv7UOwLW0AAwkDmg Source

Cash and cash equivalents: 6.38 million Unit_Standard_USD_WyoprU8P0UW3a5WpopS3sw 2026-06-30 Source
Exact value

6382359 Unit_Standard_USD_WyoprU8P0UW3a5WpopS3sw
Long-term debt including current maturities: 19.1 million Unit_Standard_USD_WyoprU8P0UW3a5WpopS3sw 2026-06-30 Source
Exact value

19080210 Unit_Standard_USD_WyoprU8P0UW3a5WpopS3sw
Shares outstanding: 1.63 million Unit_Standard_shares_VqqibojcK0SvB2hCK2Q3rA 2026-06-30 Source
Exact value

1628500 Unit_Standard_shares_VqqibojcK0SvB2hCK2Q3rA

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-19.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 2 of 11 periods available· newest 2025-12-31
Operating income: 2 of 11 periods available· newest 2025-12-31
Net income: 2 of 11 periods available· newest 2025-12-31
Operating cash flow: 2 of 11 periods available· newest 2025-12-31
capital expenditure: No compatible figures in this window
Total assets: Multiple units; comparison withheld· newest 2025-12-31
Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
current assets: No compatible figures in this window
current liabilities: No compatible figures in this window
Cash and cash equivalents: Multiple units; comparison withheld· newest 2025-12-31
Long-term debt including current maturities: 1 of 11 periods available· newest 2025-12-31
Shares outstanding: Multiple units; comparison withheld· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+6.8%

Prior period

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 9.74 million

2024-01-01 – 2024-12-31
Current period

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 10.4 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

10396618 − 9735127 = 661491 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA

9735127 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
10396618 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Medalist Diversified REIT, Inc. · 2025-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Year-over-year change in Revenue: 661491 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 10396618 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#2649936 Filing: 000110465926022253 Input fundies:Revenue: 9735127 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#2651194 Filing: 000110465926022253
The citation records this snapshot. The page link may show a newer release later.
Net income
-8,779.1%

Prior period

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 27,524

2024-01-01 – 2024-12-31
Current period

−Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2.39 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-2388837 − 27524 = -2416361 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA

27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Medalist Diversified REIT, Inc. · 2025-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Year-over-year change in Net income: -2416361 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#4550894 Filing: 000110465926022253 Input fundies:NetIncome: 27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#4574977 Filing: 000110465926022253
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-14.8%

Prior period

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 1.8 million

2024-01-01 – 2024-12-31
Current period

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 1.53 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

1530751 − 1796137 = -265386 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA

1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Medalist Diversified REIT, Inc. · 2025-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Year-over-year change in Operating cash flow: -265386 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#3129401 Filing: 000110465926022253 Input fundies:OperatingCashFlow: 1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#3130500 Filing: 000110465926022253
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 10.4 million 100% of revenue
Operating costs Derived Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 9.85 million 95% of revenue
Operating income Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 547,902 5.3% of revenue
Tax, interest and other Derived Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2.94 million 28% of revenue
Net income −Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2.39 million −23% of revenue

Cash

Operating cash flow Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 1.53 million 15% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2024 38%62%
2025 Net loss: net income was −23% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2024 2024-01-01 – 2024-12-31	9735127	6003534 Derived	3731593	3704069 Derived	27524	Unavailable	Source 2024-01-01 – 2024-12-31: 9735127 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Revenue Open source 2024-01-01 – 2024-12-31: 3731593 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Net Income Open source 2024-01-01 – 2024-12-31: 1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Operating Cash Flow Open source
2025 2025-01-01 – 2025-12-31	10396618	9848716 Derived	547902	2936739 Derived	-2388837	Unavailable	Source 2025-01-01 – 2025-12-31: 10396618 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Revenue Open source 2025-01-01 – 2025-12-31: 547902 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Net Income Open source 2025-01-01 – 2025-12-31: 1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Operating Cash Flow Open source

Amounts are exact, in Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 10.4M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA)	Source evidence
20242024-12-31	Revenue	9735127	Revenue: 9735127 Open source
20252025-12-31	Revenue	10396618	Revenue: 10396618 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

6.8% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Year over year	No prior comparable period	Revenue: 9735127 Open source
20252025-12-31	Year over year	6.8%	Revenue: 10396618 Open source Revenue: 9735127 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 5.3% 2025

Net margin -23% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Operating margin	38.3%	Operating Income: 3731593 Open source Revenue: 9735127 Open source
20252025-12-31	Operating margin	5.3%	Operating Income: 547902 Open source Revenue: 10396618 Open source
20242024-12-31	Net margin	0.3%	Net Income: 27524 Open source Revenue: 9735127 Open source
20252025-12-31	Net margin	-23%	Net Income: -2388837 Open source Revenue: 10396618 Open source
20242024-12-31	Free cash flow margin	Not reported	Revenue: 9735127 Open source Operating Cash Flow: 1796137 Open source
20252025-12-31	Free cash flow margin	Not reported	Revenue: 10396618 Open source Operating Cash Flow: 1530751 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 1.5M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA)	Source evidence
20242024-12-31	Operating cash flow	1796137	Operating Cash Flow: 1796137 Open source
20252025-12-31	Operating cash flow	1530751	Operating Cash Flow: 1530751 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA)	Source evidence
20242024-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1796137 Open source
20252025-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1530751 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2024-12-31	Liabilities / assets	Not reported	No source recorded
2025-12-31	Liabilities / assets	Not reported	No source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2024-12-31	Current assets / current liabilities	Not reported	No source recorded
2025-12-31	Current assets / current liabilities	Not reported	No source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2024 2024-01-01 – 2024-12-31	Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 27,524 Exact value Exact value: 27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2024-01-01 – 2024-12-31: 27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Net Income Open source Share or cite Citation for Net Income · Medalist Diversified REIT, Inc. · 2024-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Net Income: 27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA&dimensions= Input fundies:NetIncome: 27524 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#4574977 Filing: 000110465926022253 The citation records this snapshot. The page link may show a newer release later.	Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 1.8 million Exact value Exact value: 1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2024-01-01 – 2024-12-31: 1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Medalist Diversified REIT, Inc. · 2024-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Operating Cash Flow: 1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA&dimensions= Input fundies:OperatingCashFlow: 1796137 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#3130500 Filing: 000110465926022253 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2025 2025-01-01 – 2025-12-31	−Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2.39 million Exact value Exact value: -2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2025-01-01 – 2025-12-31: -2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Net Income Open source Share or cite Citation for Net Income · Medalist Diversified REIT, Inc. · 2025-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Net Income: -2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA&dimensions= Input fundies:NetIncome: -2388837 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#4550894 Filing: 000110465926022253 The citation records this snapshot. The page link may show a newer release later.	Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 1.53 million Exact value Exact value: 1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA 2025-01-01 – 2025-12-31: 1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Medalist Diversified REIT, Inc. · 2025-12-31 Medalist Diversified REIT, Inc. (edgar:1654595) Operating Cash Flow: 1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:15:23Z Snapshot: 913cbd83cd218e4e8bd06d80b237750247ba0058df259456e43d2aa2b5f864f5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1654595/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA&dimensions= Input fundies:OperatingCashFlow: 1530751 Unit_Standard_USD_L3z4RIFHWU-AyhRs8K-oXA (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1654595/000110465926022253/mdrr-20251231x10k.htm#3129401 Filing: 000110465926022253 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

54 filings · 3,491 latest values · 3,491 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001654595, 1654595, MDRR, edgar:1654595, mdrr

Also known as MEDALIST DIVERSIFIED REIT, INC., MEDALIST DIVERSIFIED REIT, INC., MEDALIST DIVERSIFIED, INC., Medalist Diversified REIT, Inc., Medalist Diversified REIT, Inc., Medalist Diversified, Inc.

Medalist Diversified REIT, Inc.

Latest quarter

Revenue

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation