10-Q · May 13, 2026
Medalist Diversified, Inc. reported a revenue of $2,159,265 for Q1 2026, down 6.9% from $2,321,640 in Q1 2025, reflecting decreased investment property revenues from sold assets. Notably, gross margin improved slightly…
Earnings analysis · 10-Q
MDRR earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt contains no income-statement, balance-sheet, cash-flow, segment, or quantitative guidance data, so revenue, margin, EPS, liquidity, and free-cash-flow trends cannot be assessed from the filing…
Read full summary
The provided 10-Q excerpt contains no income-statement, balance-sheet, cash-flow, segment, or quantitative guidance data, so revenue, margin, EPS, liquidity, and free-cash-flow trends cannot be assessed from the filing text supplied. Management reported effective disclosure and internal controls as of June 30, 2026, no material control changes, and no material litigation. The company also stated that there were no material changes to the risk factors in its 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls evaluated as effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and management’s internal-control evaluation also concluded controls were effective as of June 30, 2026.
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No material control changes
The company reported no change during the most recent fiscal quarter that materially affected, or was reasonably likely to materially affect, internal control over financial reporting.
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No share repurchases
The company did not repurchase any common shares during the three months ended June 30, 2026.
What to watch
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Routine litigation remains a monitoring item
The company stated that it was not presently subject to material litigation and that routine litigation and administrative proceedings were not expected to have a material adverse effect on liquidity, results of operations, business, or financial condition.
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No disclosed risk-factor changes
The filing states that there were no material changes to the risk factors disclosed in the 2025 Form 10-K, limiting evidence of newly elevated disclosed risks.
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Limited market-risk disclosure
The company omitted quantitative and qualitative market-risk disclosures because it qualifies as a smaller reporting company, reducing the amount of market-risk detail available in the filing.
Management's outlook
The provided 10-Q excerpt does not disclose quantitative revenue or EPS guidance; management outlook commentary was not included.
Earlier filings 4
10-K · April 28, 2026
The amended 2025 Form 10-K/A emphasizes governance and executive disclosures while leaving the company’s March 2, 2026 MD&A and financial statements unchanged. The Company completed a strategic repositioning in 2025 —…
10-K · March 2, 2026
Medalist Diversified completed a strategic repositioning during 2025, revoking its REIT election effective January 1, 2026 and shifting to a DST sponsorship model to build fee income and AUM. As of December 31, 2025 the…
10-K · February 27, 2025
Medalist Diversified REIT is executing a strategic shift to expand its single-tenant net lease (STNL) portfolio while managing a small, concentrated legacy portfolio of retail and flex/industrial assets. As of December…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.