Filing Flows › Maui Land & Pineapple (MLP) › Q1 2025
Maui Land & Pineapple (MLP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Maui Land & Pineapple (MLP) reported revenue of $5.8M for the first quarter 2025 (Q1 2025), +134% from a year earlier and +70% from the quarter before. Operating margin was -30.7%, net loss $8.6M (148.9% of revenue).
Maui Land & Pineapple, Q1 2025: revenue $5.8M (+134% year over year), operating margin -30.7%, net loss $8.6M, operating cash flow $157K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.8M | +70% | +134% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$8.6M | — | — |
| Operating cash flow | $157K | -30% | — |
What changed
Revenue was $5.8M in Q1 2025, up 134% year over year and up 70% from the previous quarter.
Operating costs exceeded revenue by $1.8M, an operating margin of -30.7%. Total costs grew 95% against revenue growth of 134%. The fastest-growing cost line was Other operating costs (+115%). The quarter ended with a net loss of $8.6M, wider than the previous quarter's $1.9M loss. Net interest and other expense of $6.9M was the main reason.
Operating cash flow was $157K. Non-cash charges added back $186K of depreciation and $1.6M of share-based compensation. Working capital and other items added $7.0M. Capital expenditures of $600K exceeded it, leaving free cash flow of −$443K.
Questions
What was Maui Land & Pineapple's revenue in the first quarter 2025?
Maui Land & Pineapple (MLP) reported revenue of $5.8M for the first quarter 2025 (Q1 2025), +134% from a year earlier and +70% from the quarter before.
Was Maui Land & Pineapple profitable in the first quarter 2025?
Operating loss was $1.8M (-30.7% of revenue) and net loss $8.6M.