Medalist Diversified, Inc. income statement
In fiscal 2025, Medalist Diversified, Inc. reported revenue of $10.4m, up 6.8% on the year before, operating income of $547,902 (a 5.3% margin) and net income of −$2.4m, or −$1.90 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 8 | 9 | 11 | 11 | 10 | 10 | 10 | 10 |
| Cost of revenue | 0 | 0 | 1 | — | — | — | — | — | — |
| Gross profit | 6 | 8 | 9 | — | — | — | — | — | — |
| Selling, general and administrative | 0 | 0 | 0 | 1 | — | — | — | — | — |
| General and administrative | — | — | — | — | 0 | 0 | 1 | 1 | 1 |
| Operating income | −1 | −1 | −6 | 1 | −1 | −1 | 4 | 1 | 13 |
| Interest expense | 2 | 2 | 4 | 6 | 4 | 4 | 3 | 3 | 2 |
| Income before tax | −3 | −4 | −10 | −5 | −5 | −5 | 1 | −2 | 11 |
| Income tax | 0 | 0 | — | 0 | — | — | 0 | 0 | — |
| Net income | −3 | −3 | −8 | −4 | −5 | −5 | 0 | −2 | 8 |
| Diluted EPS | −$1.39 | −$0.82 | −$1.74 | −$0.33 | −$4.46 | −$4.12 | $0.03 | −$1.90 | $5.33 |
| Diluted shares (average) | — | — | — | — | 1m | 1m | 1m | 1m | 1m |
| EBITDA | 1 | 2 | −2 | 4 | 3 | 4 | 8 | 4 | 15 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 |
| General and administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 0 | 0 | −1 | 0 | 0 | 0 | 12 | −0 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Income before tax | −0 | −0 | −1 | −0 | −0 | −0 | 12 | −0 |
| Income tax | 0 | 0 | — | — | — | — | −2 | 0 |
| Net income | −1 | −0 | −1 | −0 | −0 | −0 | 9 | −0 |
| Diluted EPS | −$0.47 | −$0.25 | −$0.74 | −$0.34 | −$0.33 | −$0.43 | $4.85 | −$0.26 |
| EBITDA | 1 | 1 | 0 | 1 | 1 | 1 | 13 | −0 |
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