Medalist Diversified swings to FY25 net loss of $3.44 million; revenue rises to $1.65 million

Reuters2026/09/08 20:08

By:Reuters

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Medalist Diversified posted GAAP net income attributable to common shareholders of $8.55 million for the six months ended June 30, 2026.
GAAP revenue totaled $3.97 million, including $3.5 million from investment properties and $465,792 from its DST sponsorship program.
Operating income was $11.9 million, reflecting a $12.79 million gain on investment property disposals.
Pro forma results assuming 2026 dispositions and the XXV DST 1 deconsolidation from Jan. 1 show net income attributable to common shareholders of $509,304.
Cash and cash equivalents would have risen to $17.52 million on a pro forma June 30 balance sheet after the Ashley Plaza and Brookfield sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medalist Diversified Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-105902), on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Medalist Diversified swings to FY25 net loss of $3.44 million; revenue rises to $1.65 million

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