Maui Land & Pineapple Co. (MLP)

From the record

Maui Land & Pineapple Co.'s filings since 2017 show 4 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2025-01-10); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2026-04-01) (its current reports).

From the record

Maui Land & Pineapple Co.'s 10 filed years say what it did: revenue went from $47 million in fiscal 2016 to $19 million in fiscal 2025, down 9.4% a year; it rose in 5 of 9 years; the deepest fall was 84% from fiscal 2016 to fiscal 2020; net income was positive in 4 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Maui Land & Pineapple Co.'s diluted share count grew about 0.5% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 16 purchases of their own stock on the open market in the year to 2026-10-15, buying about $790 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Maui Land & Pineapple Co. lost about 32 cents for every dollar of shareholders' money. Leverage: it owed about 31 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

From the record

Maui Land & Pineapple Co.'s standing among 30 graded names in its industry family: revenue of $19 million in fiscal 2025 ranks in the bottom 13% by size; a net margin of -54.4% ranks in the bottom 25%; revenue growth of -2.4% a year over the last 3 filed years ranks in the bottom 22% (its annual reports).

From the record

Maui Land & Pineapple Co.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Randle, Race A. (CEO, as filed), filing under that title since 2023-04-10, 3.6 years (bottom 45% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 4 years (bottom 19%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Maui Land & Pineapple Co.'s room to grow, from the newest filed statements (fiscal 2025): cash of $5 million against no long-term debt tagged leaves 11% of its assets as net cash, top 18% of its family; cash from operations less capital spending is -2.5% of revenue (bottom 36%) (its annual report).

From the record

Maui Land & Pineapple Co.'s growth drivers, from the filed years to fiscal 2025: revenue grew -2.4% a year over the last three filed years against -9.4% over all 10, speeding up (top 19% of its family); the newest year grew 68.3% (top 9%) (its annual reports). Maui Land & Pineapple Co. reported 3 lines of business in fiscal 2024: Leasing at $10 million, Resort Amenities at $1 million, Land Development and Sales at $520 thousand. 3 of 3 grew in the latest filed year, and the largest line is 83% of revenue (its annual report).

From the record

Maui Land & Pineapple Co.'s newest year against its own record: revenue of $19 million in fiscal 2025 came in 126.4% above the $9 million its prior three years' pace pointed to (top 9% of its family); net income of $11 million against a prior three-year average of $3 million (bottom 5%); a net margin of -54.4% against -29.5% before (bottom 19%) (its annual reports).