secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001437749-22-004856
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MLP posts FY2021 net loss of $3.4M; revenue up 65%; two property sales pending for $49.7M total
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- Net loss for year widened to $(3.4)M ($(0.18)/share) from $(2.6)M ($(0.14)/share) in 2020.
- Operating revenue rose 65% to $12.4M, driven by real estate, leasing, and resort segments.
- Q4 net loss increased to $(4.2)M ($(0.22)/share) from $(0.7)M ($(0.04)/share) in prior year.
- Pension lift-out completed for 51% of participants, costing $10.4M; non-cash charge of $4.3M.
- Two property sales pending: Kapalua Central (46 acres, $40M) and Omaopio (646 acres, $9.7M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774922004856/0001437749-22-004856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774922004856/mlp20220217_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-004856

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer