secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001437749-24-009840
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple FY2023 net loss $3.1M; revenue down $10M on lower land sales
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- Net loss ($3.08M) or ($0.15)/share vs net income $1.79M ($0.09) in 2022.
- Operating revenue fell $10.0M to $? (land sales dropped from $11.6M to $1.6M).
- Wildfires caused ~$700K revenue loss; one-time leadership transition costs $1.37M.
- Adjusted EBITDA (non-GAAP) ($529K); cash & equivalents $8.84M, down $2.66M.
- Company entered 2024 debt-free; Annual Meeting set for May 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774924009840/0001437749-24-009840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774924009840/mlp20240322_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-009840

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