| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenues | 16,990,855 | 18,915,918 | 14,901,722 | 25,602,310 |
| Cost of revenues | 9,856,601 | 12,049,501 | 10,677,072 | 18,649,995 |
| Gross profit | 7,134,254 | 6,866,417 | 4,224,650 | 6,952,315 |
| Impairment loss | - | - | - | 29,883 |
| Impairment loss on supplier deposit due to lawsuit | - | 0 | - | 3,573,651 |
| Selling expense | 1,163,078 | 2,154,417 | 1,869,964 | 2,628,915 |
| General and administrative expense | 3,395,821 | 4,425,166 | 4,219,600 | 3,895,232 |
| Research and development expense | 786,650 | 144,757 | 841,196 | 94,771 |
| Total operating expenses | 5,345,549 | 6,724,340 | 6,930,760 | 6,648,801 |
| Income from operations | 1,788,705 | 142,077 | -2,706,110 | 303,514 |
| Other income, net | 147,946 | 26,602 | 78,698 | 210,701 |
| Interest expense | -373 | 63,704 | 1,090 | 64,462 |
| Total other income (expense), net | 148,319 | -37,102 | 77,608 | -3,427,412 |
| (loss) income before income taxes | 1,937,024 | 104,975 | -2,628,502 | -3,123,898 |
| (recovery of ) provision for income taxes | 410,617 | 27,296 | -539,795 | -621,665 |
| Net (loss) income and comprehensive (loss) income | 1,526,407 | 77,679 | -2,088,707 | -2,502,233 |
| (loss) earnings per share basic | 0.04 | 0 | -0.05 | -0.06 |
| (loss) earnings per share diluted | 0.04 | 0 | -0.05 | -0.06 |
| Weighted average shares outstanding basic | 41,546,700 | 41,566,110 | 41,542,800 | 41,325,388 |
| Weighted average shares outstanding diluted | 41,640,950 | 41,640,950 | 41,542,800 | 41,325,388 |
Massimo Group (MAMO)
Massimo Group (MAMO)