secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001437749-25-010257
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple posts FY 2024 net loss of $7.4M; operating revenue up 25% to $11.6M
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- Net loss of $7.4M ($0.38/share) vs $3.1M ($0.15) in 2023, driven by non-cash stock compensation.
- Operating revenue rose 25% to $11.6M, led by leasing (+14% to $9.6M) and resort amenities (+72%).
- Adjusted EBITDA turned positive at $492,000 vs ($662,000) in 2023; cash and investments $9.5M, up $0.7M.
- Company administering $35.5M state-funded Honokeana Homes relief housing project, recognizing revenue without profit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774925010257/0001437749-25-010257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774925010257/mlp20250326_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-010257

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