---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-017243"
form_type: "8-K"
ticker: "MLP"
cik: "0000063330"
company_name: "MAUI LAND & PINEAPPLE CO INC"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:23:20.978686+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MLP Q1 rev up 134% but net loss widens to $8.6M on pension charge; launches agave venture

## Summary
- Operating revenues $5.8M (+134% YoY); leasing up 45% to $3.2M; land development revenue $2.3M from Honokeana Homes project.
- Net loss $8.6M ($0.44/share) vs. $1.4M loss year ago; includes non-cash pension expense ~$6.8M from annuitization.
- Adjusted EBITDA improved to $200K from ($212K) in prior-year quarter.
- New agave cultivation venture to utilize underutilized croplands; may be funded with partners; targets vertical integration and global expansion.
- Former CEO severance fully settled; pension annuitization to terminate by Sept 30, 2025; share-based comp expected to decrease.

## SEC filing metadata
- accession: 0001437749-25-017243
- form_type: 8-K
- ticker: MLP
- cik: 0000063330
- company_name: MAUI LAND & PINEAPPLE CO INC
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63330/000143774925017243/0001437749-25-017243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63330/000143774925017243/mlp20250504_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-017243
- JSON: https://secwatch.observer/filing/0001437749-25-017243.json
- Plain text: https://secwatch.observer/filing/0001437749-25-017243.txt

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