Modiv Industrial, Inc. - Understand $mdv stock

$MDV Market Cap: $156.8 Million

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Financial Snapshot

Revenue

$47.32M

TTM

Gross Margin

92.74%

TTM

Net Earnings

$2.246M

TTM

Current Assets

$27.62M

Q3 2024

Current Liabilities

$6.948M

Q3 2024

Current Ratio

397.44%

Q3 2024

Total Assets

$507.4M

Q3 2024

Total Liabilities

$295.6M

Q3 2024

Book Value

$211.8M

Q3 2024

Cash

$6.825M

Q3 2024

P/E

69.83

Nov 29, 2024 EST

Free Cash Flow

$8.252M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$46.94M	$46.17M	$36.22M	$38.64M	$24.54M	$17.98M	$7.390M
YoY Change	1.65%	27.47%	-6.25%	57.42%	36.48%	143.36%	757.59%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$46.94M	$46.17M	$36.22M	$38.64M	$24.54M	$17.98M	$7.390M
Cost Of Revenue	$5.161M	$8.900M	$6.692M	$6.999M	$4.878M	$3.186M	$1.283M
Gross Profit	$41.78M	$37.27M	$29.53M	$31.64M	$19.67M	$14.80M	$6.107M
Gross Profit Margin	89.0%	80.73%	81.53%	81.89%	80.13%	82.29%	82.64%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$17.81M	$10.21M	$12.65M	$10.40M	$2.712M	$2.571M	$3.743M
YoY Change	74.43%	-19.26%	21.63%	283.51%	5.49%	-31.32%
% of Gross Profit	42.64%	27.4%	42.83%	32.87%	13.79%	17.37%	61.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.55M	$14.93M	$15.27M	$17.59M	$9.848M	$6.989M	$3.082M
YoY Change	4.16%	-2.21%	-13.22%	78.64%	40.91%	126.8%
% of Gross Profit	37.23%	40.05%	51.7%	55.6%	50.07%	47.23%	50.46%
Operating Expenses	$33.37M	$25.37M	$20.20M	$24.08M	$15.54M	$21.17M	$10.93M
YoY Change	31.52%	25.57%	-16.09%	54.88%	-26.56%	93.6%	264.44%
Operating Profit	$2.314M	-$3.180M	-$1.534M	-$48.71M	-$4.717M	-$6.368M	-$4.826M
YoY Change	-172.76%	107.31%	-96.85%	932.82%	-25.93%	31.95%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$13.81M	$8.107M	$7.586M	$11.46M	$7.383M	$5.578M	$1.638M
YoY Change	70.31%	6.86%	-33.81%	55.24%	32.36%	240.53%	314.56%
% of Operating Profit	596.72%
Other Income/Expense, Net	-$11.01M	-$1.331M	$1.098M	-$427.8K	$300.6K	$243.9K	$206.4K
YoY Change	726.93%	-221.22%	-356.74%	-242.31%	23.25%	18.14%	-363.68%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$8.696M	-$4.511M	-$435.5K	-$49.14M	-$4.416M	-$1.802M	-$868.5K
YoY Change	92.77%	935.87%	-99.11%	1012.82%	145.1%	107.46%
Income Tax
% Of Pretax Income
Net Earnings	-$6.614M	-$3.289M	-$435.5K	-$49.14M	-$4.416M	-$1.802M	-$868.5K
YoY Change	101.12%	655.11%	-99.11%	1012.82%	145.1%	107.46%	-29.82%
Net Earnings / Revenue	-14.09%	-7.12%	-1.2%	-127.18%	-17.99%	-10.02%	-11.75%
Basic Earnings Per Share	-$1.36	-$0.93	-$0.20	-$6.14
Diluted Earnings Per Share	-$1.36	-$0.93	-$0.20	-$6.14	-$584.0K	-$238.3K	-$114.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$3.129M	$8.609M	$55.97M	$8.248M	$6.824M	$5.253M	$3.238M
YoY Change	-63.65%	-84.62%	578.5%	20.88%	29.91%	62.21%
Cash & Equivalents	$3.129M	$8.609M	$55.97M	$8.248M	$6.824M	$5.253M	$3.238M
Short-Term Investments
Other Short-Term Assets	$4.173M	$6.101M	$6.379M	$2.193M	$1.868M	$234.4K	$1.105M
YoY Change	-31.6%	-4.36%	190.83%	17.44%	696.83%	-78.78%
Inventory
Prepaid Expenses
Receivables	$12.79M	$8.859M	$7.834M	$8.490M	$6.225M	$3.659M	$1.263M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$20.10M	$23.57M	$70.18M	$18.93M	$14.92M	$9.146M	$5.606M
YoY Change	-14.73%	-66.42%	270.69%	26.92%	63.09%	63.15%
Property, Plant & Equipment	$473.8M	$410.7M	$295.6M	$329.5M	$405.9M	$224.7M	$135.3M
YoY Change	15.35%	38.93%	-10.27%	-18.84%	80.68%	66.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$21.09M	$10.01M	$9.941M	$10.00M	$10.39M	$14.28M	$14.52M
YoY Change	110.77%	0.66%	-0.61%	-3.72%	-27.23%	-1.71%
Other Assets	$11.66M	$5.268M	$34.74M	$25.79M	$113.4K	$3.503M	$944.6K
YoY Change	121.34%	-84.83%	34.69%	22654.25%	-96.76%	270.88%
Total Long-Term Assets	$510.8M	$432.5M	$358.3M	$388.5M	$476.0M	$243.3M	$151.5M
YoY Change	18.12%	20.69%	-7.77%	-18.38%	95.66%	60.61%
Total Assets	$530.9M	$456.0M	$428.5M	$407.5M	$490.9M	$252.4M	$157.1M
YoY Change
Accounts Payable	$562.7K	$1.001M	$1.768M	$1.137M	$660.1K	$227.8K	$244.4K
YoY Change	-43.81%	-43.35%	55.47%	72.24%	189.79%	-6.81%
Accrued Expenses	$3.720M	$5.915M	$6.148M	$5.731M	$11.81M	$2.694M	$1.304M
YoY Change	-37.11%	-3.79%	7.27%	-51.49%	338.53%	106.6%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$8.022M	$6.000M	$12.45M	$8.998M	$12.00M
YoY Change		-100.0%	33.7%	-51.81%	38.36%	-25.02%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$16.64M	$9.246M	$19.87M	$16.56M	$27.02M	$17.73M	$15.71M
YoY Change	80.02%	-53.46%	19.97%	-38.72%	52.44%	12.87%
Long-Term Debt	$279.5M	$195.5M	$173.9M	$185.5M	$194.0M	$122.7M	$60.49M
YoY Change	43.02%	12.38%	-6.26%	-4.38%	58.13%	102.87%
Other Long-Term Liabilities	$9.591M	$10.29M	$12.27M	$15.11M	$15.61M	$2.896M	$1.584M
YoY Change	-6.82%	-16.15%	-18.77%	-3.22%	439.07%	82.82%
Total Long-Term Liabilities	$289.1M	$205.7M	$186.2M	$200.6M	$209.7M	$125.6M	$62.07M
YoY Change	40.53%	10.5%	-7.2%	-4.3%	66.91%	102.36%
Total Liabilities	$386.5M	$296.3M	$256.7M	$267.8M	$287.3M	$143.3M	$77.78M
YoY Change	30.44%	15.43%	-4.16%	-6.78%	100.43%	84.29%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2018
Basic Shares Outstanding	7.559M shares	7.487M shares	7.545M shares	8.006M shares
Diluted Shares Outstanding	7.559M shares	7.487M shares	7.545M shares	8.006M shares	0.000 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $156.85 Million

About MODIV INDUSTRIAL, INC.

Modiv Industrial, Inc. operates as a real estate investment trust, which engages in acquiring, owning, and managing single-tenant retail, office, and industrial properties. The company is headquartered in Denver, Colorado and currently employs 12 full-time employees. The company went IPO on 2022-02-10. The firm acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chain. The firm also owns non-core, legacy retail and office real estate properties. The company seeks to provide investors with access to monthly dividends through a durable portfolio of real estate investments designed to generate both current income and long-term growth. Its real estate investment portfolio consisted of 44 properties, including two properties held for sale. Its portfolio is distributed across 16 states and consists of 39 industrial properties, one retail property and four office properties.

Industry: Real Estate Investment Trusts Peers: Alpine Income Property Trust, Inc. American Strategic Investment Co. Belpointe PREP, LLC W. P. Carey Inc. CTO Realty Growth, Inc. FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Guskin Gold Corp. Presidio Property Trust, Inc. ONE LIBERTY PROPERTIES INC