For the quarter ending 2025-09-30, MAMO had $154,607 increase in cash & cash equivalents over the period. $567,869 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Gain on disposal of fixed asset | 0 | 0 |
| Loss on litigation | 0 | 0 |
| Related party payable | 0 | - |
| Inventories reserve | 0 | - |
| Impairment loss of asset | 0 | - |
| Non-cash operating lease expense | 534,753 | 1,036,202 |
| Rsu compensation | 307,379 | - |
| Share-based compensation for services | 191,565 | - |
| Deferred tax assets | 406,775 | -521,498 |
| Accounts receivable | -2,728,121 | 3,277,941 |
| Inventories | 1,682,146 | -3,848,304 |
| Due to shareholder | - | 0 |
| Due from a related party | 0 | -8,576 |
| Advance to suppliers | 0 | 242,702 |
| Other current assets | 8,091 | - |
| Other assets | - | -266,460 |
| Accounts payables | -1,543,983 | -3,329,249 |
| Other payable, accrued expense and other current liabilities | -70,146 | 23,472 |
| Tax payable | 3,842 | 8,998 |
| Accrued warranty liabilities | -62,686 | -201,908 |
| Accrued return liabilities | -8,656 | -229,943 |
| Contract liabilities | -491,523 | 405,267 |
| Stock based compensation | - | 157,288 |
| Lease liabilities operating lease | -535,496 | -1,042,721 |
| Provision for expected credit loss, net | 19,248 | -25,465 |
| Depreciation | 37,946 | 67,005 |
| Accretion of finance lease liabilities | 669 | 1,680 |
| Amortization of finance lease right-of-use assets | 10,379 | 20,529 |
| Amortization of share-based compensation related to options granted | - | 307,379 |
| Net (loss) income and comprehensive (loss) income | 1,526,407 | -2,011,028 |
| Net cash (used in) provided by operating activities | 633,230 | -4,731,295 |
| Proceed from sales of property and equipment | 0 | 0 |
| Purchase of short-term investment | 0 | 3,000,000 |
| Proceeds from short-term investment | 0 | 3,000,000 |
| Acquisition of property and equipment | 65,361 | 0 |
| Net cash used in investing activities | -65,361 | 0 |
| Repayment of other loans | 0 | 0 |
| Proceed from common share issuances | 0 | 0 |
| Proceeds from initial public offering, net of share issuance costs | 0 | 0 |
| Repayment of loan from a related party | 0 | - |
| Net proceeds from bank loan | - | 0 |
| Proceeds from subscription deposits | 0 | 0 |
| Repayment of finance lease liabilities | 13,262 | 21,482 |
| Due to shareholders | 400,000 | 3,016,300 |
| Net cash provided by (used in) financing activities | -413,262 | -3,037,782 |
| Net increase in cash and cash equivalents | 154,607 | -7,769,077 |
| Cash and cash equivalents at beginning of period | 10,210,084 | - |
| Cash and cash equivalents at end of period | 2,595,614 | - |
Massimo Group (MAMO)
Massimo Group (MAMO)