For the quarter ending 2025-09-30, MAMO made $16,990,855 in revenue. $1,526,407 in net income. Net profit margin of 8.98%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 16,990,855 | 18,915,918 | 14,901,722 | 24,160,389.5 |
| Cost of revenues | 9,856,601 | 12,049,501 | 10,677,072 | 17,156,206 |
| Gross profit | 7,134,254 | 6,866,417 | 4,224,650 | 7,004,183.5 |
| Impairment of advance to suppliers | - | - | - | 193,195 |
| Impairment loss on supplier deposit due to lawsuit | - | 0 | - | -335,728 |
| Selling expense | 1,163,078 | 2,154,417 | 1,869,964 | 2,039,135 |
| General and administrative expense | 3,395,821 | 4,425,166 | 4,219,600 | 4,249,780.5 |
| Research and development expense | 786,650 | 144,757 | 841,196 | 82,907.333 |
| Total operating expenses | 5,345,549 | 6,724,340 | 6,930,760 | 6,413,276.5 |
| Income from operations | 1,788,705 | 142,077 | -2,706,110 | 590,907 |
| Other income, net | 147,946 | 26,602 | 78,698 | 12,485.5 |
| Interest expense | -373 | 63,704 | 1,090 | -16,221 |
| Total other income (expense), net | 148,319 | -37,102 | 77,608 | 364,434.5 |
| (loss) income before income taxes | 1,937,024 | 104,975 | -2,628,502 | 955,341.5 |
| (recovery of ) provision for income taxes | 410,617 | 27,296 | -539,795 | 231,285.5 |
| Net (loss) income and comprehensive (loss) income | 1,526,407 | 77,679 | -2,088,707 | 724,056 |
| (loss) earnings per share basic | 0.04 | 0 | -0.05 | 0.015 |
| (loss) earnings per share diluted | 0.04 | 0 | -0.05 | 0.015 |
| Weighted average shares outstanding basic | 41,546,700 | 41,566,110 | 41,542,800 | -20,787,174 |
| Weighted average shares outstanding diluted | 41,640,950 | 41,640,950 | 41,542,800 | -20,775,190.5 |
Massimo Group (MAMO)
Massimo Group (MAMO)