Maui Land & Pineapple Company, Inc. Reports Fiscal Year 2025 Results
View original at globenewswire.com“Cash and Investments Convertible to Cash (Non-GAAP) totaled $5.3 million on December 31, 2025, compared to $9.5 million at December 31, 2024”
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Fiscal year 2025 results reflect significant progress in executing strategic initiatives, with operating revenues growing over 70% from last year, driven by higher recurring leasing revenue through placemaking in Kapalua and Hāli‘imaile town centers, and Adjusted EBITDA increasing over 146% from 2024, the second consecutive year of improvement. The Company also strengthened its financial foundation by funding and annuitizing the pension plan for former plantation-era pineapple employees.
60% confidenceThe Company is pleased with the 2025 results despite an increased net loss caused by the non-cash GAAP recognition of pension funding, and considers resolving legacy obligations critical while accelerating the business toward housing, agriculture, economic vitality, and small businesses on Maui.
60% confidence