Filing Flows › Kaanapali Land LLC (KANP) › Q1 2025
Kaanapali Land LLC (KANP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Kaanapali Land LLC (KANP) reported revenue of $440K for the first quarter 2025 (Q1 2025), -19% from a year earlier and -25% from the quarter before. Operating margin was -344.8%, net loss $1.2M (265.5% of revenue).
Kaanapali Land LLC, Q1 2025: revenue $440K (-19% year over year), operating margin -344.8%, net loss $1.2M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $440K | -25% | -19% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $440K in Q1 2025, down 19% year over year and down 25% from the previous quarter.
Operating costs exceeded revenue by $1.5M, an operating margin of -344.8%. Total costs fell 3% while revenue fell 19%. The fastest-growing cost line was SG&A (+25%). The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $1.8M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $30K of depreciation and amortization. Working capital and other items used $513K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$2.7M.
Questions
What was Kaanapali Land LLC's revenue in the first quarter 2025?
Kaanapali Land LLC (KANP) reported revenue of $440K for the first quarter 2025 (Q1 2025), -19% from a year earlier and -25% from the quarter before.
Was Kaanapali Land LLC profitable in the first quarter 2025?
Operating loss was $1.5M (-344.8% of revenue) and net loss $1.2M.
Source: Kaanapali Land LLC 10-Q on SEC EDGAR.