Modiv Inc., (the Company) was incorporated on May 14, 2015 as a Maryland corporation. The Company was formed to primarily invest, directly or indirectly, in real estate owning entities which own single-tenant income-producing properties located in the United States, which are leased to creditworthy tenants under long-term net leases. The Company's goal is to generate current income for investors and long-term capital appreciation in the value of its properties.
Revenue of Modiv Inc. (MDV)
Revenue in 2023 (TTM): $46.94 M
According to Modiv Inc.'s latest financial reports the company's current revenue (TTM) is $46.94 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Modiv Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $46.94 M | $26.22 M | $24.76 M | $-8,696,261 | $-6,613,842 |
| 2022 | $46.17 M | $37.27 M | $27.46 M | $-4,511,318 | $-19,931,841 |
| 2021 | $36.22 M | $29.53 M | $32.55 M | $-435,505 | $-8,581,715 |
| 2020 | $38.9 M | $31.9 M | $21.65 M | $-49,141,910 | $-62,317,069 |
| 2019 | $24.54 M | $19.67 M | $12.81 M | $-4,415,992 | $-12,582,350 |
| 2018 | $17.48 M | $4.36 M | $19.22 M | $9.86 M | $-2,295,242 |
| 2017 | $7.36 M | $1.72 M | $5.45 M | $3.57 M | $-1,036,024 |
| 2016 | $844.54 K | $-427,995 | $977 | $-215,040 | $-1,271,859 |
| 2015 | $ | $ | $ | $-9,278 | $-9,278 |