Maui Land & Pineapple Co IncMLP

NYSEReal EstateReal Estate
Price (close)
$16.06
Market cap
$318.9M
P/E
—
Revenue (TTM)
$16.2M
Net income
-$4.6M
Dividend yield
—
1-year total return
-15.3%
Net margin
-28.6%
Revenue growth
-4.1%
Debt / equity
—

What Maui Land & Pineapple Co Inc does.

Maui Land & Pineapple Company, Inc. is a Delaware corporation and the successor to a business organized in 1909 as a Hawai‘i corporation. The Company reincorporated from Hawai‘i to Delaware pursuant to a plan of conversion completed on July 18, 2022. Total authorized capital stock of the Company includes 48,000,000 shares, consisting of 43,000,000 shares of common stock, par value $0.0001 per share, and 5,000,000 shares of preferred stock, par value $0.0001 per share. Shares of the Company’s common stock are listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “MLP.”

Depending upon the context, the terms “Company,” “we,” “our,” and “us,” refer to either Maui Land & Pineapple Company, Inc. alone, or to Maui Land & Pineapple Company, Inc. and its subsidiaries collectively. The Company consists of a landholding and operating parent company, has a principal subsidiary, Kapalua Land Company, Ltd., and certain other subsidiaries.

We own approximately 22,300 acres of land and 247,000 square feet of commercial property on the island of Maui, Hawai‘i which we put into productive use by planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate through three business segments:

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$7.5M$12.4M$21.0M$9.3M$11.6M$19.5M
Net income-$2.6M-$3.4M$1.8M-$3.1M-$7.4M-$10.6M
Free cash flow$1.7M$1.3M$6.2M-$2.2M-$1.5M-$484,000

More on MLP.

Figures from Maui Land & Pineapple Co Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.