Highest-materiality recent filing
Maui Land & Pineapple posts $3.7M H1 net loss; land sales pipeline $20M+
Net loss of $3.7M for H1 2026, improved $5.9M YoY on absence of pension charges.
Maui Land & Pineapple appoints Ryan Panopio as Chief Investment Officer
Ryan Panopio appointed CIO effective June 3, 2026; a newly created role to optimize land development pipeline.
MLP enters definitive agreement to sell Kapalua property for $10M base plus up to $1.14M/acre
Sale of 8.783 acres (Lot 2-D) for $10M, plus up to 3.5 acres at $1,138,565/acre.
MLP shareholders elect all seven directors, approve say-on-pay, ratify auditor
All seven director nominees (Aeppel, Case, Ngo, Ota, Sabin, Sellers, Takitani) received >13.7M votes for, each elected.
MLP signs non-binding MOU with County of Maui to sell water infrastructure assets
MOU covers Honokōhau Ditch System, Puʻu Kukui Watershed (8,661 acres), four Honokōwai wells, three Honolua wells, and reservoir site.
Maui Land & Pineapple reports Q1 2026; $11.2M land sales in escrow, new segments
Contracted land sales of $11.2M in escrow; $15.0M in negotiations; $12.0M publicly listed.
Maui Land & Pineapple reports FY2025 operating revenue up 68%; net loss expands on pension funding
GAAP operating loss improved 38% to $4.5M in FY2025 from $7.4M in FY2024.
Maui Land & Pineapple sells 30-acre parcel to CEO Race Randle for $1.2M
Sale to CEO of 30-acre unimproved land in Lahaina, Hawaii for $1.2M; price exceeds FMV per independent appraisal.
Maui Land & Pineapple increases credit facility to $25M, extends to 2030
Credit facility expanded from $15M to $25M, maturity extended to Dec 31, 2030.
Purchase price $10M for 6.5-acre Kapalua site with five existing buildings totaling ~12,000 sq ft; buyer currently leases property under ground lease.
Recurring leasing revenue increased 39% year-to-date vs 2024; 59% vs 2023; new tenants added across Maui.
Maui Land & Pineapple begins strategic review of water assets for possible sale or lease
Pi‘iholo Well in Upcountry Maui has capacity over 1M gallons per day.
MLP reports Q2 2025 net loss of $9.6M on pension annuitization; revenue up 103% to $10.4M
Net GAAP loss of ($9.64M) ($0.49/share) for six months ended June 30, 2025, vs ($3.25M) loss prior year.
All seven director nominees elected, including Stephen Case and R. Scot Sellers, each receiving over 14M votes.
MLP Q1 rev up 134% but net loss widens to $8.6M on pension charge; launches agave venture
Operating revenues $5.8M (+134% YoY); leasing up 45% to $3.2M; land development revenue $2.3M from Honokeana Homes project.
Maui Land & Pineapple posts FY 2024 net loss of $7.4M; operating revenue up 25% to $11.6M
Net loss of $7.4M ($0.38/share) vs $3.1M ($0.15) in 2023, driven by non-cash stock compensation.
Maui Land & Pineapple restates 2023 financials after SEC disagrees on $1.6M revenue classification
SEC comment letter questioned $1.6M land contribution reported as operating revenue; company now agrees reclassification needed.
Maui Land & Pineapple Q3 revenue up 18.6% but net loss widens to $5.5M
Nine-month revenue $8.15M (+$1.28M YoY) driven by leasing (+$899K) and resort amenities (+$201K).
Leases ~50 acres at Honokeana, Napili, for five years plus construction time at no cost to the State.
Maui Land & Pineapple's $7M land sale agreement terminated by purchaser; property to be re-marketed
Purchaser Shawn Sims canceled purchase agreement for 11.883-acre Piiholo parcel on Sep 25, 2024.
Maui Land & Pineapple H1 net loss widens to $3.2M; revenue up 7.5% on higher occupancy
H1 2024 net loss $3.247M ($0.16/diluted share) vs $2.481M loss YoY; loss widened due to $2.582M non-cash share-based comp.
All seven director nominees elected with 13.4M+ votes for each (broker non-votes: 3.05M).
Maui Land & Pineapple reports Q1 2024 revenue up 8%, net loss of $1.375M
Operating revenues $2.483M, up $185K (8%) YoY; leasing revenue $2.216M.
Maui Land & Pineapple FY2023 net loss $3.1M; revenue down $10M on lower land sales
Net loss ($3.08M) or ($0.15)/share vs net income $1.79M ($0.09) in 2022.
Controller Scott Kodama resigns; CFO Wade Kodama assumes principal accounting officer duties
Scott Kodama resigns as Controller and Principal Accounting Officer effective March 7, 2024.
Maui Land & Pineapple expands board to 7; appoints Ngo and Ota as independent directors
Board increased from 5 to 7 directors effective January 1, 2024; A. Catherine Ngo and Ken Ota appointed.
Maui Land & Pineapple posts $3.7M net loss for 9 months; revenues down $11.9M
Net loss of $3.7M ($0.19/share) vs net income of $9.8M ($0.50) in prior-year period.
Maui Land & Pineapple posts H1 net loss of $2.48M; leadership changes amid wildfire response
H1 2023 net loss $2,481,000 ($0.13/sh) vs net income $9,907,000 ($0.51/sh) in H1 2022; no land sales vs $11.6M prior year.
Maui Land & Pineapple amends 8-K to correct voting tally error by transfer agent
Transfer agent Computershare made administrative error in tallying votes at May 16, 2023 annual meeting.
Maui Land & Pineapple VP Paulus Subrata departs effective June 20, 2023
Paulus Subrata is no longer with the company as Vice President as of June 20, 2023.
Maui Land & Pineapple shareholders approve all proposals at 2023 annual meeting
All four director nominees (Glyn Aeppel, Stephen M. Case, John Sabin, R. Scot Sellers, Anthony P. Takitani) elected with strong support.
Maui Land & Pineapple Q1 net loss widens to $1.36M on $900k transition costs
Revenue rose 2% YoY to $2.298M; net loss of $1.364M ($0.07/sh) vs $0.618M loss ($0.03/sh) in Q1 2022.
Maui Land & Pineapple terminates Central Resort property sale to Fakhrey LLC
Allowed Purchase & Sale Agreement with Fakhrey LLC to terminate on April 11, 2023.
Maui Land & Pineapple reports net income of $1.8M for FY2022 vs loss of $3.4M in 2021
Revenue rose to $21.0M from $12.4M YoY; net income $0.09 per share vs ($0.18) loss per share.
CEO Warren Haruki resigns; Race Randle appointed CEO, Scot Sellers as Chairman
Haruki resigns as CEO and board chair effective Mar 31, 2023; will serve as senior advisor.
MLP sets 2023 annual meeting for May 16; shareholder proposal deadline Feb 15
Annual meeting date: May 16, 2023, a change of more than 30 days from 2022 meeting (June 29, 2022).
Maui Land & Pineapple Q3 net loss narrows to $124K; 9-month net income jumps to $9.8M
Q3 2022 net loss of $124K ($0.01/share) vs loss of $139K ($0.01/share) a year earlier.
Maui Land & Pineapple Q2 net income $10.5M vs $1.9M; revenue triples to $14.0M
Q2 2022 net income $10.5M ($0.54/share) vs $1.9M ($0.10/share) in Q2 2021.
Maui Land & Pineapple reincorporates from Hawaii to Delaware, expands board to seven
Reincorporation effective July 18, 2022; governing law shifts from Hawaii to Delaware.
Shareholders approve reincorporation to Delaware; company sells 50-acre parcel for $2M
All five director nominees elected (Case, Haruki, Heenan, Takitani, Tokin) with >14M votes each; broker non-votes ~2.4M.
Maui Land & Pineapple sells 646 acres in Kula, HI for $9.6M
Sold Omaopio Parcel (646 acres) to Hoa Pono, LLC on May 20, 2022 for $9,600,000.
Amendment No. 3 for Kapalua Central: purchase price remains $40M; closing conditioned on obtaining 5-year extension of construction completion deadline by April 10, 2023.
Maui Land & Pineapple Q1 net loss narrows to $618K; revenue up 9% YoY
Net loss of $618K ($0.03/sh) vs. $934K ($0.05/sh) in Q1 2021.
Maui Land sets 2022 annual meeting for June 29; proposal deadline April 25
2022 Annual Shareholders Meeting scheduled for Wednesday, June 29, 2022.
Maui Land & Pineapple amends two property sale agreements, extends closing dates
Kapalua Central Resort sale price remains $40M; due diligence extended to Apr 22, closing to May 6, 2022.
Maui Land & Pineapple reports Q4 and FY2021 results; net loss widens but revenues increase
FY2021 net loss widened to $3.4M ($0.18/share) from $2.6M ($0.14/share) in FY2020.
MLP posts FY2021 net loss of $3.4M; revenue up 65%; two property sales pending for $49.7M total
Net loss for year widened to $(3.4)M ($(0.18)/share) from $(2.6)M ($(0.14)/share) in 2020.
Maui Land & Pineapple sells 646 acres in Kula, Hawaii for $9.7 million
Three contiguous parcels totaling 646 acres in Omaopio, Kula sold for $9,700,000.
Maui Land & Pineapple agrees to sell 45.67 acres in Kapalua for $40M
Purchase price of $40M for Kapalua Central Resort property; buyer is EKN Development Group LLC.
Maui Land & Pineapple extends $15M credit facility to Dec 2025, releases Kapalua Mauka collateral
$15M revolving credit facility maturity extended to December 31, 2025.
Effective June 3, 2026, Maui Land & Pineapple Company, Inc., a Delaware corporation (the “Company”), appointed Ryan Panopio to serve as Chief Investment Officer of the Company.
Wade K. Kodama (no relation to Scott Kodama), Chief Financial Officer and Principal Financial Officer, will also serve as Principal Accounting Officer.
Scott Kodama informed Maui Land and Pineapple Company, Inc. (the “Company”) that he will be resigning from his position as Controller and Principal Accounting Officer effective as of March 7, 2024.
the Board appointed A. Catherine Ngo and Ken Ota to the Board, effective January 1, 2024
the Board appointed A. Catherine Ngo and Ken Ota to the Board, effective January 1, 2024
Maui Land and Pineapple Company, Inc. (the “Company”) announced that Paulus Subrata is no longer with the Company in his position as Vice President, effective as of June 20, 2023.
the Board approved the appointment of R. Scot Sellers, age 66, to serve as a director on the Board and chairperson of the Board, effective as of April 1, 2023
Warren H. Haruki notified Maui Land & Pineapple Company, Inc., a Delaware corporation (the “ Company ”), that he will be resigning as the Chief Executive Officer of the Company and as a member and chairperson of the board of directors of the Company (the “ Board ”), to be effective on March 31, 2023.
the Company appointed Race Randle as Chief Executive Officer, effective April 1, 2023.
Warren H. Haruki notified Maui Land & Pineapple Company, Inc., a Delaware corporation (the “ Company ”), that he will be resigning as the Chief Executive Officer of the Company and as a member and chairperson of the board of directors of the Company (the “ Board ”), to be effective on March 31, 2023.
Effective July 18, 2022, the Board increased the size of the Board from five directors to seven directors and appointed Glyn Aeppel and John Sabin to fill the resulting vacancies.
Effective July 18, 2022, the Board increased the size of the Board from five directors to seven directors and appointed Glyn Aeppel and John Sabin to fill the resulting vacancies.
Max materiality 0.90 · Median 0.55 · Most common event earnings