Filing Flows › Maui Land & Pineapple (MLP) › Q4 2024
Maui Land & Pineapple (MLP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Maui Land & Pineapple (MLP) reported revenue of $3.4M for the fourth quarter 2024 (Q4 2024), +41% from a year earlier and +13% from the quarter before. Operating margin was -53.9%, net loss $1.9M (55.9% of revenue).
Maui Land & Pineapple, Q4 2024: revenue $3.4M (+41% year over year), operating margin -53.9%, net loss $1.9M, operating cash flow $223K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4M | +13% | +41% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | $223K | -68% | — |
What changed
Revenue was $3.4M in Q4 2024, up 41% year over year and up 13% from the previous quarter.
Operating costs exceeded revenue by $1.8M, an operating margin of -53.9%. Total costs grew 51% against revenue growth of 41%. The fastest-growing cost line was Other operating costs (+73%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $2.2M loss.
Operating cash flow was $223K. Non-cash charges added back $192K of depreciation and $1.6M of share-based compensation. Working capital and other items added $302K.
Questions
What was Maui Land & Pineapple's revenue in the fourth quarter 2024?
Maui Land & Pineapple (MLP) reported revenue of $3.4M for the fourth quarter 2024 (Q4 2024), +41% from a year earlier and +13% from the quarter before.
Was Maui Land & Pineapple profitable in the fourth quarter 2024?
Operating loss was $1.8M (-53.9% of revenue) and net loss $1.9M.