Kaanapali Land returns to profit in Q1 FY26, net income USD 13.31 million
KAANAPALI LAND LLC
KAANAPALI LAND LLC KANP | 0.00 |
- Kaanapali Land swung to net income of USD 13.31 million for quarter ended March 31, 2026, from a net loss a year earlier; diluted EPS was USD 7.22.
- Revenue climbed to USD 20.38 million from USD 440,000, driven by USD 19.9 million from sale of real estate.
- Operating income turned positive at USD 8.77 million, helped by USD 4.54 million of other income that included USD 4.04 million of net gain on property damage and lost profits plus USD 500,000 of crop insurance proceeds.
- Cash and cash equivalents rose to USD 37.71 million at March 31, 2026 from USD 15.79 million at year-end, following USD 20.92 million of operating cash inflow.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kaanapali Land LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-26-000652), on May 13, 2026, and is solely responsible for the information contained therein.
