MDV
MODIV INDUSTRIAL, INC.
NYSE · Real Estate · REIT - Diversified · US
$18.05
−0.88%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 46.0M | 46.4M | 46.8M | 47.2M | 43.8M |
| Cost of Revenue | 33.7M | 33.6M | 3.6M | 5.2M | 6.5M |
| Gross Profit | 12.3M | 12.8M | 43.1M | 42.1M | 37.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 6.1M | 5.8M | 7.9M | 17.8M | 10.2M |
| General & Admin Expense | 5.3M | 5.8M | 7.9M | 17.8M | 10.2M |
| Selling & Marketing Expense | 811.0K | — | — | — | — |
| Other Expenses | (18.1M) | (9.0M) | 13.2M | 21.6M | 22.1M |
| Total Operating Expenses | (11.9M) | (3.2M) | 21.2M | 39.5M | 32.3M |
| Cost and Expenses | 21.8M | 30.5M | 24.8M | 44.6M | 38.9M |
| Operating Income (EBIT) | 24.2M | 15.9M | 22.0M | 2.6M | 4.9M |
| Non-Operating | |||||
| Interest Income | 823.0K | 893.0K | 474.0K | 326.0K | 21.9K |
| Interest Expense | 9.5M | 17.5M | 19.4M | 17.5M | 8.1M |
| Net Interest Income | (16.1M) | (16.7M) | (18.9M) | (17.2M) | (8.1M) |
| Other Non-Op Income/Expense | (15.7M) | (15.4M) | (15.5M) | (11.3M) | (9.4M) |
| Non-Operating Income (excl Interest) | 7.0M | (2.2M) | (3.9M) | (6.2M) | 1.8M |
| EBT (Pre-Tax Income) | 8.5M | 554.0K | 6.5M | (8.7M) | (4.5M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | 8.7M | 1.1M | 6.0M | (6.6M) | (3.3M) |
| Earnings from Cont. Ops | 8.5M | 554.0K | 6.5M | (8.7M) | (4.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 6.0M | 89.0K | 2.8M | (6.6M) | (7.0M) |
| Per Share | |||||
| Basic EPS | $0.44 | $0.01 | $0.25 | ($1.36) | ($0.93) |
| Diluted EPS | $0.36 | $0.01 | $0.21 | ($1.36) | ($0.93) |
| Revenue Per Share | $4.45 | $4.57 | $5.03 | $6.25 | $5.85 |
| Shares | |||||
| Basic Shares Outstanding | 10.3M | 10.1M | 9.3M | 7.6M | 7.5M |
| Diluted Shares Outstanding | 12.8M | 11.7M | 11.2M | 7.6M | 7.5M |
| Profitability Metrics | |||||
| EBITDA | 32.0M | 33.2M | 42.5M | 24.4M | 18.0M |
| D&A | 14.8M | 15.1M | 16.6M | 15.6M | 14.9M |
| EBIT | 17.2M | 18.1M | 25.9M | 8.8M | 3.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026