---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-006844"
form_type: "8-K"
ticker: "MDV"
cik: "0001645873"
company_name: "MODIV INDUSTRIAL, INC."
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T14:13:00.964184+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Modiv Industrial Q4 AFFO $0.37 beats by 22%; full-year AFFO $1.34; 2025 guidance $1.37

## Summary
- Q4 2024 net income $0.6M ($0.07 diluted); full-year net income $2.3M ($0.25 diluted).
- Q4 AFFO $4.1M ($0.37) beat consensus by 22%; full-year AFFO $14.99M ($1.34) beat street by $0.08.
- CEO estimates 2025 AFFO at $1.37 per share, 19% above street consensus of $1.15.
- Achieved >$1.4M annual cash expense savings; CEO will forgo salary/bonus for 5 years.
- Completed $2M asset sale; upcoming $6M UPREIT acquisition closing by March 14, 2025.

## SEC filing metadata
- accession: 0001140361-25-006844
- form_type: 8-K
- ticker: MDV
- cik: 0001645873
- company_name: MODIV INDUSTRIAL, INC.
- filed_at: 2025-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645873/000114036125006844/0001140361-25-006844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645873/000114036125006844/ef20044678_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-006844
- JSON: https://secwatch.observer/filing/0001140361-25-006844.json
- Plain text: https://secwatch.observer/filing/0001140361-25-006844.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.