For the year ending 2025-12-31, MAMO made $71,828,444 in revenue. $1,509,341 in net income. Net profit margin of 2.10%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 71,828,444 | 109,325,742 | ||
| Cost of revenues | 44,879,246 | 76,865,803 | ||
| Gross profit | 26,949,198 | 32,459,939 | ||
| Impairment of advance to suppliers | - | 772,780 | ||
| Selling expense | 7,406,909 | 9,804,547 | ||
| General and administrative expense | 15,473,130 | 16,489,530 | ||
| Research and development expense | 2,089,181 | 343,493 | ||
| Total operating expenses | 24,969,220 | 27,410,350 | ||
| Income from operations | 1,979,978 | 5,049,589 | ||
| Other income, net | 187,156 | 1,110,837 | ||
| Loss on litigation | - | 3,645,092 | ||
| Changes in fair value of crypto assets | 92,337 | - | ||
| Interest expense | 45,353 | 98,667 | ||
| Total other (expense) income, net | 49,466 | -2,632,922 | ||
| Income before income taxes | 2,029,444 | 2,416,667 | ||
| Provision for income taxes | 520,103 | 654,758 | ||
| Net income and comprehensive income | 1,509,341 | 1,761,909 | ||
| Basic EPS | 0.04 | 0.04 | ||
| Diluted EPS | 0.04 | 0.04 | ||
| Basic Average Shares | 41,603,838 | 41,010,654 | ||
| Diluted Average Shares | 41,640,950 | 41,161,849 | ||
Massimo Group (MAMO)
Massimo Group (MAMO)