Maui Land & Pineapple Q1 2025: Equity Investment Shrinks
Ticker: MLP · Form: 10-Q · Filed: May 15, 2025 · CIK: 63330
| Field | Detail |
|---|---|
| Company | Maui Land & Pineapple Co Inc (MLP) |
| Form Type | 10-Q |
| Filed Date | May 15, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: real-estate, investment-change, segment-reporting
TL;DR
MLP Q1 2025: Equity investment in land dev down to $42k from $1.6M. Big change!
AI Summary
Maui Land & Pineapple Co. Inc. filed its Q1 2025 10-Q report on May 15, 2025, for the period ending March 31, 2025. The company's Land Development and Sales segment reported a $42,000 equity method investment as of March 31, 2025, a decrease from $1.6 million as of March 31, 2024. Segment assets are located in the United States.
Why It Matters
The significant decrease in the equity method investment in the Land Development and Sales segment could indicate a change in the company's strategic focus or a reduction in its involvement with affiliated entities.
Risk Assessment
Risk Level: medium — The significant reduction in the equity method investment suggests potential shifts in business strategy or financial health that warrant closer examination.
Key Numbers
- $1.6M — Equity Investment (Mar 31, 2024) (Previous value for Land Development and Sales segment)
- $42K — Equity Investment (Mar 31, 2025) (Current value for Land Development and Sales segment)
- 5,000,000 — Total Assets (As of March 31, 2025)
- 19,718,150 — Total Liabilities (As of March 31, 2025)
Key Players & Entities
- MAUI LAND & PINEAPPLE CO INC (company) — Filer
- $1.6 million (dollar_amount) — Equity method investment as of March 31, 2024
- $42,000 (dollar_amount) — Equity method investment as of March 31, 2025
- March 31, 2025 (date) — Reporting period end
- March 31, 2024 (date) — Prior period comparison date
FAQ
What is the primary reason for the significant decrease in the equity method investment in the Land Development and Sales segment from $1.6 million to $42,000?
The filing states the Land Development and Sales segment includes a $42,000 equity method investment as of March 31, 2025, down from $1.6 million as of March 31, 2024, but does not provide a specific reason for the decrease.
What are the main components of revenue for the Land Development and Sales segment?
Revenues for the Land Development and Sales segment are principally from external customers and exclude equity in earnings of affiliates.
Where are the assets for the Land Development and Sales segment located?
Segment assets are located in the United States.
What was the total amount of expenditures for property and deferred costs during the reported period?
The filing mentions 'Includes expenditures for property and deferred costs' but does not provide a specific dollar amount for the period ending March 31, 2025.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding MAUI LAND & PINEAPPLE CO INC (MLP).