What is Massimo Group's operating income?

Massimo Group's total operating income in 2025 was $1.98 million, based on the following breakdown: Total Gross Profit: $26.95 million Total Operating Expenses: $24.97 million

Massimo Group (MAMO) Financials

$0.98 -0.01 (-0.71%)

Closing price 04:00 PM Eastern

Extended Trading

$0.98 0.00 (-0.31%)

As of 04:10 PM Eastern

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Annual Income Statements for Massimo Group

This table shows Massimo Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	4.16	10	1.76	1.51
Consolidated Net Income / (Loss)	4.16	10	1.76	1.51
Net Income / (Loss) Continuing Operations	4.16	10	1.76	1.51
Total Pre-Tax Income	4.16	13	2.42	2.03
Total Operating Income	4.61	13	5.05	1.98
Total Gross Profit	22	36	32	27
Total Revenue	87	115	109	72
Operating Revenue	87	115	109	72
Total Cost of Revenue	64	79	77	45
Operating Cost of Revenue	64	79	77	45
Total Operating Expenses	18	23	27	25
Selling, General & Admin Expense	8.93	23	26	23
Research & Development Expense	-	0.00	0.34	2.09
Impairment Charge	-	0.00	0.77	0.00
Total Other Income / (Expense), net	-0.44	-0.38	-2.63	0.05
Interest Expense	0.83	0.52	0.10	0.05
Other Income / (Expense), net	0.38	0.14	-2.53	0.09
Income Tax Expense	0.00	2.13	0.65	0.52
Basic Earnings per Share	$0.00	$0.26	$0.04	$0.04
Weighted Average Basic Shares Outstanding	0.00	40M	41.01M	41.60M
Diluted Earnings per Share	$0.00	$0.26	$0.04	$0.04
Weighted Average Diluted Shares Outstanding	0.00	40M	41.16M	41.64M
Weighted Average Basic & Diluted Shares Outstanding	-	-	41.55M	41.64M

This table shows Massimo Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	3.96	3.84	3.18	2.82	-2.50	-0.34	-2.09	0.08	1.53	1.99	-1.01
Consolidated Net Income / (Loss)	3.96	3.84	3.18	2.82	-2.50	-0.34	-2.09	0.08	1.53	1.99	-1.01
Net Income / (Loss) Continuing Operations	3.96	3.84	3.18	2.82	-2.50	-0.34	-2.09	0.08	1.53	1.99	-1.01
Total Pre-Tax Income	5.06	4.73	4.08	3.63	-3.12	-0.41	-2.63	0.10	1.94	2.62	-1.18
Total Operating Income	5.24	4.73	3.97	3.56	0.30	-1.03	-2.71	0.14	1.79	2.76	-1.04
Total Gross Profit	10	12	10	11	6.95	5.44	4.22	6.87	7.13	8.72	5.08
Total Revenue	30	40	30	35	26	20	15	19	17	21	13
Operating Revenue	30	40	30	35	26	20	15	19	17	21	13
Total Cost of Revenue	20	27	20	24	19	15	11	12	9.86	12	7.64
Operating Cost of Revenue	20	27	20	24	19	15	11	12	9.86	12	7.64
Total Operating Expenses	4.82	7.41	6.48	7.93	6.65	6.47	6.93	6.72	5.35	5.97	6.11
Selling, General & Admin Expense	4.82	9.36	6.32	7.19	6.52	8.59	6.09	6.58	4.56	5.65	5.49
Research & Development Expense	0.00	-	0.16	0.00	0.09	0.09	0.84	0.14	0.79	0.32	0.63
Total Other Income / (Expense), net	-0.17	0.00	0.11	0.07	-3.43	0.62	0.08	-0.04	0.15	-0.14	-0.14
Interest Expense	0.21	0.02	0.14	0.07	0.06	-0.17	0.00	0.06	-0.00	-0.02	0.01
Other Income / (Expense), net	0.04	0.03	0.25	0.13	-3.36	0.45	0.08	0.03	0.15	-0.16	-0.13
Income Tax Expense	1.11	0.89	0.90	0.81	-0.62	-0.07	-0.54	0.03	0.41	0.62	-0.17
Basic Earnings per Share	$0.10	$0.10	$0.08	$0.07	($0.06)	($0.01)	($0.05)	$0.00	$0.04	$0.05	($0.02)
Weighted Average Basic Shares Outstanding	40M	40M	40M	41.26M	41.33M	41.01M	41.54M	41.57M	41.55M	41.60M	41.60M
Diluted Earnings per Share	$0.10	$0.10	$0.08	$0.07	($0.06)	($0.01)	($0.05)	$0.00	$0.04	$0.05	($0.02)
Weighted Average Diluted Shares Outstanding	40M	40M	40M	41.39M	41.33M	41.16M	41.54M	41.64M	41.64M	41.64M	41.60M
Weighted Average Basic & Diluted Shares Outstanding	-	0.00	41.30M	41.32M	41.38M	41.55M	41.55M	41.64M	41.64M	41.64M	41.64M

This table details how cash moves in and out of Massimo Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-0.34	-0.18	9.44	-4.42
Net Cash From Operating Activities	0.62	11	6.67	-0.10
Net Cash From Continuing Operating Activities	0.62	11	6.67	-0.10
Net Income / (Loss) Continuing Operations	4.16	10	1.76	1.51
Consolidated Net Income / (Loss)	4.16	10	1.76	1.51
Depreciation Expense	0.15	0.15	0.13	0.14
Amortization Expense	0.04	0.04	0.04	0.04
Non-Cash Adjustments To Reconcile Net Income	-0.73	1.23	4.10	0.84
Changes in Operating Assets and Liabilities, net	-3.00	-0.93	0.64	-2.63
Net Cash From Investing Activities	-0.20	-0.12	-0.23	-0.73
Net Cash From Continuing Investing Activities	-0.20	-0.12	-0.23	-0.73
Purchase of Property, Plant & Equipment	-0.20	-0.13	-0.39	-0.07
Purchase of Investments	-	-	0.00	-3.00
Sale of Property, Plant & Equipment	0.00	0.01	0.16	0.00
Sale and/or Maturity of Investments	-	-	0.00	3.00
Other Investing Activities, net	-	-	0.00	-0.67
Net Cash From Financing Activities	-0.76	-11	3.00	-3.59
Net Cash From Continuing Financing Activities	-0.76	-11	3.00	-3.59
Repayment of Debt	-6.42	-15	-2.92	-3.55
Issuance of Common Equity	0.00	0.00	5.04	0.00
Other Financing Activities, net	0.56	0.56	0.88	-0.05
Cash Interest Paid	0.81	0.52	0.10	0.05
Cash Income Taxes Paid	0.00	0.14	2.70	0.02

This table details how cash moves in and out of Massimo Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	0.23	-0.39	-0.56	1.07	0.45	8.49	-9.37	1.60	0.15	3.19	-1.64
Net Cash From Operating Activities	3.04	5.13	-0.64	-6.47	4.71	9.07	-3.34	-1.39	0.63	4.00	-1.38
Net Cash From Continuing Operating Activities	3.04	5.13	-0.64	-6.47	4.71	9.07	-3.34	-1.39	0.63	4.00	-1.38
Net Income / (Loss) Continuing Operations	3.96	3.84	3.18	2.82	-2.50	-0.34	-2.09	0.08	1.53	1.99	-1.01
Consolidated Net Income / (Loss)	3.96	3.84	3.18	2.82	-2.50	-0.34	-2.09	0.08	1.53	1.99	-1.01
Depreciation Expense	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.04	0.04	0.04
Amortization Expense	0.01	0.01	0.01	0.01	0.01	0.93	0.01	0.01	0.01	0.01	0.01
Non-Cash Adjustments To Reconcile Net Income	0.25	0.92	0.18	-2.53	7.48	-0.44	0.33	0.10	0.05	0.35	-0.02
Changes in Operating Assets and Liabilities, net	-1.22	0.32	-4.04	-6.80	-0.30	8.89	-1.63	-1.61	-0.99	1.61	-0.40
Net Cash From Investing Activities	-0.04	-0.05	0.02	-0.20	-0.08	0.04	-3.00	3.00	-0.07	-0.67	-0.25
Net Cash From Continuing Investing Activities	-0.04	-0.05	0.02	-0.20	-0.08	0.04	-3.00	3.00	-0.07	-0.67	-0.25
Purchase of Property, Plant & Equipment	-0.04	-0.07	-0.10	-0.24	-0.08	0.04	0.00	-	-0.07	-	-0.26
Purchase of Investments	-	-	0.00	-	-	-	-3.00	-	-	-	0.00
Sale of Property, Plant & Equipment	-	0.01	0.13	0.03	-	-	0.00	-	-	-	0.01
Net Cash From Financing Activities	-2.77	-5.47	0.05	7.75	-4.18	-0.62	-3.03	-0.01	-0.41	-0.14	-0.01
Net Cash From Continuing Financing Activities	-2.77	-5.47	0.05	7.75	-4.18	-0.62	-3.03	-0.01	-0.41	-0.14	-0.01
Repayment of Debt	-5.88	-8.80	-0.41	0.11	-1.50	1.26	-3.02	3.02	-0.03	-3.51	0.00
Other Financing Activities, net	3.01	0.18	0.46	0.43	-0.01	-2.38	-0.01	-3.03	-0.38	3.37	-0.01
Cash Interest Paid	0.02	0.02	0.14	-	0.11	-0.15	0.00	0.06	0.04	-0.06	0.00
Cash Income Taxes Paid	-	0.08	0.01	0.04	2.10	0.54	0.00	-	-	0.02	0.00

This table presents Massimo Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	37	42	55	51
Total Current Assets	35	38	44	40
Cash & Equivalents	0.95	0.77	10	5.79
Accounts Receivable	6.83	9.57	4.84	5.33
Inventories, net	24	26	27	26
Prepaid Expenses	-	0.64	1.22	2.53
Plant, Property, & Equipment, net	0.41	0.40	0.53	0.46
Total Noncurrent Assets	1.86	3.18	11	11
Noncurrent Note & Lease Receivables	0.09	0.11	0.07	0.03
Noncurrent Deferred & Refundable Income Taxes	0.00	0.13	1.13	3.09
Other Noncurrent Operating Assets	1.76	2.94	9.54	7.44
Other Noncurrent Nonoperating Assets	-	-	0.00	0.57
Total Liabilities & Shareholders' Equity	37	42	55	51
Total Liabilities	32	27	33	28
Total Current Liabilities	31	19	26	22
Accounts Payable	12	13	16	14
Accrued Expenses	0.82	0.90	0.77	0.16
Current Deferred Revenue	-	-	0.45	0.61
Current Deferred & Payable Income Tax Liabilities	0.00	2.12	1.07	3.54
Other Current Liabilities	13	2.72	7.71	3.98
Total Noncurrent Liabilities	0.66	8.63	7.45	5.47
Other Noncurrent Operating Liabilities	0.59	8.55	7.45	5.47
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5.07	14	22	24
Total Preferred & Common Equity	5.07	14	22	24
Total Common Equity	5.07	14	22	24
Common Stock	2.03	2.03	6.66	7.16
Retained Earnings	5.07	13	15	17

This table presents Massimo Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	47	50	57	46	46	44	44
Total Current Assets	44	45	45	35	35	35	33
Cash & Equivalents	0.21	1.28	1.72	0.84	2.44	2.60	4.15
Accounts Receivable	14	11	12	5.61	8.13	5.38	4.09
Inventories, net	27	31	31	24	23	25	24
Prepaid Expenses	-	-	-	1.07	0.95	1.23	0.54
Plant, Property, & Equipment, net	0.38	0.55	0.60	0.50	0.47	0.49	0.65
Total Noncurrent Assets	3.21	4.07	11	11	10	9.25	11
Noncurrent Note & Lease Receivables	0.10	0.09	0.08	0.06	0.05	0.04	0.02
Noncurrent Deferred & Refundable Income Taxes	0.35	0.43	1.11	1.67	1.65	1.24	3.26
Other Noncurrent Operating Assets	2.76	3.54	10	9.02	8.50	7.96	7.01
Other Noncurrent Nonoperating Assets	-	-	-	-	-	-	0.44
Total Liabilities & Shareholders' Equity	47	50	57	46	46	44	44
Total Liabilities	29	25	35	26	26	23	22
Total Current Liabilities	21	18	26	20	19	17	17
Accounts Payable	15	8.28	14	13	12	11	8.51
Accrued Expenses	0.78	0.93	0.77	0.49	0.33	0.26	0.16
Current Deferred Revenue	-	-	1.17	0.56	0.86	0.36	0.52
Current Deferred & Payable Income Tax Liabilities	3.22	4.08	2.03	1.08	1.08	1.09	3.54
Other Current Liabilities	1.78	2.16	8.54	4.73	4.69	4.20	3.89
Total Noncurrent Liabilities	8.49	7.02	8.23	6.88	6.39	5.93	4.99
Other Noncurrent Operating Liabilities	8.43	6.96	8.23	6.88	6.39	5.93	4.99
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	18	25	23	20	20	22	23
Total Preferred & Common Equity	18	25	23	20	20	22	23
Total Common Equity	18	25	23	20	20	22	23
Common Stock	2.03	5.43	5.76	6.94	7.12	7.16	7.13
Retained Earnings	16	19	17	13	13	15	16

This table displays calculated financial ratios and metrics derived from Massimo Group's official financial filings.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	-	41,640,950.00
DEI Adjusted Shares Outstanding	0.00	0.00	-	41,640,950.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	-	0.04
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	32.95%	-3.33%	-34.30%
EBITDA Growth	0.00%	156.16%	-59.48%	-15.86%
EBIT Growth	0.00%	161.82%	-67.25%	-17.51%
NOPAT Growth	0.00%	132.98%	-52.08%	-60.00%
Net Income Growth	0.00%	150.27%	-69.72%	-14.33%
EPS Growth	0.00%	0.00%	-69.23%	0.00%
Operating Cash Flow Growth	0.00%	1,655.30%	-38.82%	-101.47%
Free Cash Flow Firm Growth	0.00%	0.00%	0.58%	-167.15%
Invested Capital Growth	0.00%	44.01%	-9.33%	50.57%
Revenue Q/Q Growth	0.00%	0.00%	-14.92%	4.13%
EBITDA Q/Q Growth	0.00%	0.00%	-45.14%	228.24%
EBIT Q/Q Growth	0.00%	0.00%	-55.49%	172.47%
NOPAT Q/Q Growth	0.00%	0.00%	-48.00%	159.00%
Net Income Q/Q Growth	0.00%	0.00%	-56.97%	168.06%
EPS Q/Q Growth	0.00%	0.00%	-57.89%	166.67%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	143.78%	-101.98%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-449.42%
Invested Capital Q/Q Growth	0.00%	0.00%	-37.61%	-8.64%
Profitability Metrics	-	-	-	-
Gross Margin	25.66%	31.22%	30.88%	37.52%
EBITDA Margin	5.98%	11.52%	4.83%	3.15%
Operating Margin	5.32%	11.23%	6.13%	2.76%
EBIT Margin	5.77%	11.36%	3.85%	2.89%
Profit (Net Income) Margin	4.81%	9.05%	2.84%	2.10%
Tax Burden Percent	100.00%	83.02%	75.48%	74.37%
Interest Burden Percent	83.41%	96.03%	97.69%	97.81%
Effective Tax Rate	0.00%	16.98%	24.52%	25.63%
Return on Invested Capital (ROIC)	47.02%	89.80%	38.24%	10.31%
ROIC Less NNEP Spread (ROIC-NNEP)	37.63%	75.33%	75.40%	9.88%
Return on Net Nonoperating Assets (RNNOA)	35.05%	16.70%	-21.46%	-3.67%
Return on Equity (ROE)	82.07%	106.50%	16.78%	6.65%
Cash Return on Invested Capital (CROIC)	0.00%	53.73%	48.02%	-30.05%
Operating Return on Assets (OROA)	13.54%	33.15%	8.67%	3.90%
Return on Assets (ROA)	11.29%	26.43%	6.40%	2.84%
Return on Common Equity (ROCE)	82.07%	106.50%	16.78%	6.65%
Return on Equity Simple (ROE_SIMPLE)	82.07%	71.89%	13.66%	0.00%
Net Operating Profit after Tax (NOPAT)	4.61	11	5.14	1.47
NOPAT Margin	5.32%	9.33%	4.62%	2.05%
Net Nonoperating Expense Percent (NNEP)	9.39%	14.47%	-37.16%	0.44%
Return On Investment Capital (ROIC_SIMPLE)	-	72.16%	22.26%	6.21%
Cost of Revenue to Revenue	74.34%	68.78%	69.12%	62.48%
SG&A Expenses to Revenue	10.32%	19.98%	23.75%	31.85%
R&D to Revenue	0.00%	0.00%	0.31%	2.91%
Operating Expenses to Revenue	20.34%	19.98%	24.76%	34.76%
Earnings before Interest and Taxes (EBIT)	4.99	13	4.28	2.07
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.18	13	5.37	2.26
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.15	0.40	4.61	6.99
Price to Tangible Book Value (P/TBV)	1.15	0.40	4.61	6.99
Price to Revenue (P/Rev)	0.07	0.05	0.96	2.31
Price to Earnings (P/E)	1.41	0.56	33.72	109.80
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	71.14%	178.04%	2.97%	0.91%
Enterprise Value to Invested Capital (EV/IC)	1.08	0.39	7.52	9.32
Enterprise Value to Revenue (EV/Rev)	0.12	0.05	0.86	2.23
Enterprise Value to EBITDA (EV/EBITDA)	2.04	0.41	17.90	70.75
Enterprise Value to EBIT (EV/EBIT)	2.12	0.42	22.48	77.09
Enterprise Value to NOPAT (EV/NOPAT)	2.30	0.51	18.70	108.62
Enterprise Value to Operating Cash Flow (EV/OCF)	17.02	0.50	14.41	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.85	14.89	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	1.12	0.03	0.00	0.00
Long-Term Debt to Equity	0.01	0.01	0.00	0.00
Financial Leverage	0.93	0.22	-0.28	-0.37
Leverage Ratio	7.27	4.03	2.62	2.34
Compound Leverage Factor	6.06	3.87	2.56	2.29
Debt to Total Capital	52.79%	2.56%	0.00%	0.00%
Short-Term Debt to Total Capital	52.14%	2.04%	0.00%	0.00%
Long-Term Debt to Total Capital	0.65%	0.52%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	47.21%	97.44%	100.00%	100.00%
Debt to EBITDA	1.10	0.03	0.00	0.00
Net Debt to EBITDA	0.91	-0.03	0.00	0.00
Long-Term Debt to EBITDA	0.01	0.01	0.00	0.00
Debt to NOPAT	1.23	0.04	0.00	0.00
Net Debt to NOPAT	1.03	-0.04	0.00	0.00
Long-Term Debt to NOPAT	0.02	0.01	0.00	0.00
Altman Z-Score	3.21	4.90	4.92	5.98
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	1.11	2.04	1.74	1.79
Quick Ratio	0.25	0.55	0.64	0.50
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	6.42	6.46	-4.29
Operating Cash Flow to CapEx	314.10%	9,000.80%	2,953.97%	-150.36%
Free Cash Flow to Firm to Interest Expense	0.00	12.38	65.44	-94.59
Operating Cash Flow to Interest Expense	0.75	21.02	67.62	-2.17
Operating Cash Flow Less CapEx to Interest Expense	0.51	20.79	65.33	-3.61
Efficiency Ratios	-	-	-	-
Asset Turnover	2.35	2.92	2.26	1.35
Accounts Receivable Turnover	12.67	14.03	13.76	14.14
Inventory Turnover	2.71	3.19	2.90	1.69
Fixed Asset Turnover	208.72	282.46	238.58	145.35
Accounts Payable Turnover	5.59	6.52	5.39	3.02
Days Sales Outstanding (DSO)	28.82	26.01	26.53	25.82
Days Inventory Outstanding (DIO)	134.84	114.32	125.98	216.61
Days Payable Outstanding (DPO)	65.33	56.02	67.71	120.78
Cash Conversion Cycle (CCC)	98.33	84.31	84.79	121.64
Capital & Investment Metrics	-	-	-	-
Invested Capital	9.79	14	13	17
Invested Capital Turnover	8.84	9.63	8.27	5.03
Increase / (Decrease) in Invested Capital	0.00	4.31	-1.32	5.76
Enterprise Value (EV)	11	5.46	96	160
Market Capitalization	5.85	5.85	106	166
Book Value per Share	$3.90	$0.36	$0.56	$0.57
Tangible Book Value per Share	$3.90	$0.36	$0.56	$0.57
Total Capital	11	15	23	24
Total Debt	5.67	0.38	0.00	0.00
Total Long-Term Debt	0.07	0.08	0.00	0.00
Net Debt	4.72	-0.39	-10	-5.79
Capital Expenditures (CapEx)	0.20	0.12	0.23	0.07
Debt-free, Cash-free Net Working Capital (DFCFNWC)	8.11	19	9.03	12
Debt-free Net Working Capital (DFNWC)	9.06	20	19	18
Net Working Capital (NWC)	3.46	20	19	18
Net Nonoperating Expense (NNE)	0.44	0.31	1.99	-0.04
Net Nonoperating Obligations (NNO)	4.72	-0.39	-10	-6.55
Total Depreciation and Amortization (D&A)	0.19	0.19	1.09	0.19
Debt-free, Cash-free Net Working Capital to Revenue	9.37%	16.58%	8.12%	16.44%
Debt-free Net Working Capital to Revenue	10.47%	17.24%	17.30%	24.49%
Net Working Capital to Revenue	4.00%	16.98%	17.30%	24.49%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.26	$0.08	$0.04
Adjusted Weighted Average Basic Shares Outstanding	0.00	40M	41.01M	41.60M
Adjusted Diluted Earnings per Share	$0.00	$0.26	$0.08	$0.04
Adjusted Weighted Average Diluted Shares Outstanding	0.00	40M	41.16M	41.64M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	41.55M	41.64M
Normalized Net Operating Profit after Tax (NOPAT)	3.22	11	5.72	1.47
Normalized NOPAT Margin	3.73%	9.33%	5.15%	2.05%
Pre Tax Income Margin	4.81%	10.91%	3.76%	2.83%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	6.03	25.18	43.36	45.75
NOPAT to Interest Expense	5.56	20.68	52.11	32.47
EBIT Less CapEx to Interest Expense	5.79	24.95	41.07	44.31
NOPAT Less CapEx to Interest Expense	5.32	20.45	49.82	31.03
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Massimo Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	0.00	0.00	0.00	41,300,000.00	41,322,485.00	-	83,093,400.00	41,546,700.00	41,640,950.00	41,640,950.00	41,640,950.00
DEI Adjusted Shares Outstanding	0.00	0.00	0.00	41,300,000.00	41,322,485.00	-	83,093,400.00	41,546,700.00	41,640,950.00	41,640,950.00	41,640,950.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	0.07	-0.06	-	-0.03	0.00	0.04	0.05	-0.02
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	60.04%	32.42%	-14.40%	-49.30%	-50.58%	-46.57%	-33.64%	15.69%	-14.67%
EBITDA Growth	0.00%	0.00%	452.63%	58.85%	-156.65%	-91.97%	-160.56%	-94.31%	165.77%	215.13%	56.60%
EBIT Growth	0.00%	0.00%	480.10%	60.32%	-157.97%	-112.17%	-162.27%	-95.44%	163.30%	210.93%	55.44%
NOPAT Growth	0.00%	0.00%	373.53%	27.57%	-94.81%	-118.77%	-161.19%	-96.20%	563.43%	207.54%	61.63%
Net Income Growth	0.00%	0.00%	480.35%	35.76%	-163.23%	-108.89%	-165.66%	-97.24%	161.00%	215.05%	51.76%
EPS Growth	0.00%	0.00%	700.00%	40.00%	-160.00%	-110.00%	-162.50%	-100.00%	166.67%	200.00%	60.00%
Operating Cash Flow Growth	0.00%	0.00%	-183.79%	-427.14%	55.01%	76.89%	-424.26%	78.50%	-86.56%	-55.90%	58.77%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	101.64%	138.01%	115.40%	-585.43%	-1,229.93%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-9.33%	-11.88%	-33.59%	-8.37%	50.57%	12.80%
Revenue Q/Q Growth	11.86%	32.25%	-23.77%	17.42%	-27.68%	-21.68%	-17.98%	26.94%	-10.18%	23.71%	-39.51%
EBITDA Q/Q Growth	126.43%	-9.79%	-11.22%	-12.40%	-180.75%	112.78%	-12.39%	108.23%	833.83%	33.34%	-142.36%
EBIT Q/Q Growth	128.88%	-9.93%	-11.24%	-12.39%	-182.77%	81.09%	-12.23%	106.42%	1,048.13%	34.09%	-145.08%
NOPAT Q/Q Growth	88.80%	-6.34%	-19.23%	-10.68%	-92.32%	-438.55%	3.00%	105.55%	1,240.70%	49.00%	-134.61%
Net Income Q/Q Growth	90.78%	-3.08%	-17.05%	-11.48%	-188.86%	86.38%	-20.51%	103.72%	1,865.02%	30.63%	-150.53%
EPS Q/Q Growth	100.00%	0.00%	-20.00%	-12.50%	-185.71%	83.33%	0.00%	100.00%	0.00%	25.00%	-140.00%
Operating Cash Flow Q/Q Growth	53.66%	68.65%	-112.42%	-916.05%	172.81%	92.46%	-136.82%	58.32%	145.50%	531.65%	-134.42%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-56.96%	13.31%	102.94%	-67.66%	3,544.85%	-64.87%	-217.23%	24.72%
Invested Capital Q/Q Growth	0.00%	0.00%	27.66%	45.33%	-21.66%	-37.61%	39.23%	9.52%	8.09%	-8.64%	4.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.63%	30.68%	34.66%	32.48%	27.16%	27.13%	28.35%	36.30%	41.99%	41.50%	39.92%
EBITDA Margin	17.81%	12.15%	14.15%	10.56%	-11.79%	1.92%	-17.34%	1.12%	11.68%	12.59%	-8.82%
Operating Margin	17.51%	11.95%	13.17%	10.07%	1.19%	-5.12%	-18.16%	0.75%	10.53%	13.11%	-8.17%
EBIT Margin	17.65%	12.02%	13.99%	10.44%	-11.95%	-2.89%	-17.63%	0.89%	11.40%	12.35%	-9.21%
Profit (Net Income) Margin	13.23%	9.70%	10.55%	7.95%	-9.77%	-1.70%	-14.02%	0.41%	8.98%	9.49%	-7.92%
Tax Burden Percent	78.16%	81.11%	77.94%	77.58%	80.10%	83.44%	79.46%	74.00%	78.80%	76.22%	85.65%
Interest Burden Percent	95.95%	99.48%	96.74%	98.20%	102.11%	70.60%	100.04%	62.23%	100.02%	100.73%	100.49%
Effective Tax Rate	21.84%	18.89%	22.06%	22.42%	0.00%	0.00%	0.00%	26.00%	21.20%	23.78%	0.00%
Return on Invested Capital (ROIC)	0.00%	79.04%	144.11%	80.61%	10.58%	-29.67%	-70.62%	1.98%	29.14%	50.27%	-23.58%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	78.38%	22.46%	87.65%	275.81%	-36.75%	-61.31%	6.09%	24.45%	51.53%	-17.22%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-2.08%	-0.17%	5.13%	-25.05%	10.46%	6.73%	-0.18%	-2.75%	-19.13%	3.57%
Return on Equity (ROE)	0.00%	76.96%	143.93%	85.74%	-14.46%	-19.21%	-63.89%	1.80%	26.38%	31.14%	-20.02%
Cash Return on Invested Capital (CROIC)	0.00%	45.52%	0.00%	0.00%	0.00%	48.02%	5.90%	24.13%	-3.98%	-30.05%	4.05%
Operating Return on Assets (OROA)	0.00%	35.09%	37.40%	28.28%	-27.38%	-6.51%	-35.43%	1.44%	15.50%	16.69%	-14.15%
Return on Assets (ROA)	0.00%	28.31%	28.20%	21.54%	-22.39%	-3.83%	-28.17%	0.67%	12.22%	12.82%	-12.18%
Return on Common Equity (ROCE)	0.00%	76.96%	143.93%	85.74%	-14.46%	-19.21%	-63.89%	1.80%	26.38%	31.14%	-20.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	71.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	4.09	3.83	3.10	2.77	0.21	-0.72	-1.89	0.11	1.41	2.10	-0.73
NOPAT Margin	13.68%	9.69%	10.27%	7.81%	0.83%	-3.59%	-12.71%	0.56%	8.30%	9.99%	-5.72%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.66%	121.65%	-7.04%	-265.23%	7.08%	-9.31%	-4.11%	4.69%	-1.26%	-6.37%
Return On Investment Capital (ROIC_SIMPLE)	-	25.78%	17.00%	10.08%	0.94%	-3.11%	-9.52%	0.52%	6.49%	8.86%	-3.21%
Cost of Revenue to Revenue	66.37%	69.32%	65.34%	67.52%	72.85%	72.87%	71.65%	63.70%	58.01%	58.50%	60.08%
SG&A Expenses to Revenue	16.12%	23.66%	20.95%	20.32%	25.48%	42.85%	40.86%	34.78%	26.83%	26.89%	43.14%
R&D to Revenue	0.00%	0.00%	0.54%	0.00%	0.37%	0.43%	5.65%	0.77%	4.63%	1.51%	4.95%
Operating Expenses to Revenue	16.12%	18.73%	21.49%	22.41%	25.97%	32.25%	46.51%	35.55%	31.46%	28.39%	48.08%
Earnings before Interest and Taxes (EBIT)	5.28	4.75	4.22	3.70	-3.06	-0.58	-2.63	0.17	1.94	2.60	-1.17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.33	4.81	4.27	3.74	-3.02	0.39	-2.58	0.21	1.98	2.65	-1.12
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.40	0.32	6.33	6.87	4.61	5.64	4.58	4.51	6.99	1.83
Price to Tangible Book Value (P/TBV)	0.00	0.40	0.32	6.33	6.87	4.61	5.64	4.58	4.51	6.99	1.83
Price to Revenue (P/Rev)	0.00	0.05	0.05	1.16	1.19	0.96	1.19	1.19	1.42	2.31	0.60
Price to Earnings (P/E)	0.00	0.56	0.45	11.35	21.14	33.72	0.00	0.00	0.00	109.80	16.01
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	178.04%	223.05%	8.81%	4.73%	2.97%	0.00%	0.00%	0.00%	0.91%	6.24%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.39	0.32	6.04	7.48	7.52	6.83	5.17	5.07	9.32	2.09
Enterprise Value to Revenue (EV/Rev)	0.00	0.05	0.05	1.17	1.17	0.86	1.15	1.16	1.38	2.23	0.54
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.41	0.34	8.71	15.65	17.90	0.00	0.00	0.00	70.75	10.03
Enterprise Value to EBIT (EV/EBIT)	0.00	0.42	0.34	8.80	15.95	22.48	0.00	0.00	0.00	77.09	10.57
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.51	0.43	11.46	15.50	18.70	0.00	0.00	0.00	108.62	13.76
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.50	0.60	149.34	56.13	14.41	27.29	9.92	19.16	0.00	20.02
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	14.89	108.50	17.09	0.00	0.00	54.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.03	0.00	0.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-0.03	-0.01	0.06	-0.09	-0.28	-0.11	-0.03	-0.11	-0.37	-0.21
Leverage Ratio	0.00	4.03	2.61	2.02	2.53	2.62	2.46	2.13	2.29	2.34	2.13
Compound Leverage Factor	0.00	4.01	2.52	1.98	2.58	1.85	2.46	1.33	2.29	2.36	2.14
Debt to Total Capital	0.00%	2.56%	0.36%	9.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	2.04%	0.00%	9.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.52%	0.36%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	97.44%	99.64%	90.07%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.03	0.00	0.15	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	-0.03	-0.01	0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.04	0.01	0.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	-0.04	-0.01	0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	4.25	4.16	7.88	5.62	4.64	5.18	4.66	5.23	6.01	3.57
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.04	2.12	2.50	1.72	1.74	1.79	1.82	2.07	1.79	1.98
Quick Ratio	0.00	0.55	0.70	0.70	0.51	0.64	0.48	0.55	0.48	0.50	0.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	-15	-23	-20	0.60	0.24	8.89	3.12	-3.66	-2.76
Operating Cash Flow to CapEx	6,876.27%	9,804.62%	0.00%	-3,181.57%	5,724.78%	0.00%	0.00%	0.00%	968.82%	0.00%	-545.34%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-108.27	-351.08	-314.66	0.00	223.86	139.61	0.00	0.00	-480.16
Operating Cash Flow to Interest Expense	14.21	207.40	-4.63	-97.11	73.10	0.00	-3,063.74	-21.85	0.00	0.00	-239.77
Operating Cash Flow Less CapEx to Interest Expense	14.01	205.29	-4.45	-100.16	71.82	0.00	-3,063.74	-21.85	0.00	0.00	-283.73
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	2.92	2.67	2.71	2.29	2.26	2.01	1.62	1.36	1.35	1.54
Accounts Receivable Turnover	0.00	14.03	8.90	11.77	11.31	13.76	9.50	7.92	8.14	14.14	14.37
Inventory Turnover	0.00	3.19	3.15	2.95	2.90	2.90	2.63	2.06	1.69	1.69	1.73
Fixed Asset Turnover	0.00	282.46	328.56	246.00	217.84	238.58	213.01	153.02	126.25	145.35	121.76
Accounts Payable Turnover	0.00	6.52	5.76	10.97	6.51	5.39	4.92	5.40	3.84	3.02	3.94
Days Sales Outstanding (DSO)	0.00	26.01	41.03	31.00	32.27	26.53	38.43	46.09	44.82	25.82	25.40
Days Inventory Outstanding (DIO)	0.00	114.32	115.90	123.84	125.83	125.98	138.72	176.81	216.57	216.61	210.77
Days Payable Outstanding (DPO)	0.00	56.02	63.37	33.27	56.06	67.71	74.18	67.54	95.10	120.78	92.55
Cash Conversion Cycle (CCC)	0.00	84.31	93.56	121.56	102.05	84.79	102.97	155.36	166.29	121.64	143.62
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	14	18	26	20	13	16	17	19	17	18
Invested Capital Turnover	0.00	8.16	14.04	10.32	12.75	8.27	5.56	3.56	3.51	5.03	4.13
Increase / (Decrease) in Invested Capital	0.00	0.00	18	26	20	-1.32	-2.14	-8.79	-1.71	5.76	2.03
Enterprise Value (EV)	0.00	5.46	5.71	158	153	96	108	90	95	160	37
Market Capitalization	5.85	5.85	5.85	157	155	106	112	92	98	166	41
Book Value per Share	$0.00	$0.36	$0.45	$0.60	$0.55	$0.56	$0.48	$0.49	$0.52	$0.57	$0.54
Tangible Book Value per Share	$0.00	$0.36	$0.45	$0.60	$0.55	$0.56	$0.48	$0.49	$0.52	$0.57	$0.54
Total Capital	0.00	15	18	27	23	23	20	20	22	24	23
Total Debt	0.00	0.38	0.07	2.72	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.08	0.07	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	0.00	-0.39	-0.14	1.45	-1.72	-10	-3.84	-2.44	-2.60	-5.79	-4.15
Capital Expenditures (CapEx)	0.04	0.05	-0.02	0.20	0.08	-0.04	0.00	0.00	0.07	0.00	0.25
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	19	23	29	17	9.03	12	13	15	12	12
Debt-free Net Working Capital (DFNWC)	0.00	20	23	30	19	19	16	16	18	18	16
Net Working Capital (NWC)	0.00	20	23	27	19	19	16	16	18	18	16
Net Nonoperating Expense (NNE)	0.14	-0.00	-0.09	-0.05	2.71	-0.38	0.19	0.03	-0.12	0.11	0.28
Net Nonoperating Obligations (NNO)	0.00	-0.39	-0.14	1.45	-2.05	-10	-4.04	-2.78	-2.94	-6.55	-4.78
Total Depreciation and Amortization (D&A)	0.05	0.05	0.05	0.04	0.04	0.96	0.04	0.04	0.05	0.05	0.05
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	16.58%	18.07%	21.11%	13.07%	8.12%	12.42%	17.33%	22.20%	16.44%	17.43%
Debt-free Net Working Capital to Revenue	0.00%	17.24%	18.24%	22.06%	14.39%	17.30%	16.51%	20.47%	25.97%	24.49%	23.39%
Net Working Capital to Revenue	0.00%	16.98%	18.24%	20.08%	14.39%	17.30%	16.51%	20.47%	25.97%	24.49%	23.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.10	$0.08	$0.07	($0.06)	($0.01)	($0.05)	$0.00	$0.04	$0.05	($0.02)
Adjusted Weighted Average Basic Shares Outstanding	0.00	40M	40M	41.26M	41.33M	41.01M	41.54M	41.57M	41.55M	41.60M	41.60M
Adjusted Diluted Earnings per Share	$0.00	$0.10	$0.08	$0.07	($0.06)	($0.01)	($0.05)	$0.00	$0.04	$0.05	($0.02)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	40M	40M	41.39M	41.33M	41.16M	41.54M	41.64M	41.64M	41.64M	41.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	41.30M	41.32M	41.38M	41.55M	41.55M	41.64M	41.64M	41.64M	41.64M
Normalized Net Operating Profit after Tax (NOPAT)	4.09	3.83	3.10	3.34	0.23	-0.72	-1.89	0.11	1.41	2.10	-0.73
Normalized NOPAT Margin	13.68%	9.69%	10.27%	9.44%	0.91%	-3.59%	-12.71%	0.56%	8.30%	9.99%	-5.72%
Pre Tax Income Margin	16.93%	11.96%	13.54%	10.25%	-12.20%	-2.04%	-17.64%	0.56%	11.40%	12.45%	-9.25%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	24.67	192.29	30.64	55.46	-47.46	0.00	-2,410.47	2.65	0.00	0.00	-203.88
NOPAT to Interest Expense	19.13	155.05	22.48	41.49	3.30	0.00	-1,737.87	1.65	0.00	0.00	-126.58
EBIT Less CapEx to Interest Expense	24.47	190.17	30.81	52.41	-48.74	0.00	-2,410.47	2.65	0.00	0.00	-247.85
NOPAT Less CapEx to Interest Expense	18.93	152.93	22.65	38.44	2.02	0.00	-1,737.87	1.65	0.00	0.00	-170.55
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Massimo Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Massimo Group's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Massimo Group's net income appears to be on a downward trend, with a most recent value of $1.51 million in 2025, falling from $4.16 million in 2022. The previous period was $1.76 million in 2024. Find out what analysts predict for Massimo Group in the coming months.

Massimo Group's total operating income in 2025 was $1.98 million, based on the following breakdown:

Total Gross Profit: $26.95 million
Total Operating Expenses: $24.97 million

Over the last 3 years, Massimo Group's total revenue changed from $86.53 million in 2022 to $71.83 million in 2025, a change of -17.0%.

Massimo Group's total liabilities were at $27.72 million at the end of 2025, a 16.5% decrease from 2024, and a 12.8% decrease since 2022.

In the past 3 years, Massimo Group's cash and equivalents has ranged from $765.81 thousand in 2023 to $10.21 million in 2024, and is currently $5.79 million as of their latest financial filing in 2025.

Over the last 3 years, Massimo Group's book value per share changed from 3.90 in 2022 to 0.57 in 2025, a change of -85.4%.

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Financial statements for NASDAQ:MAMO last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Massimo Group (MAMO) Financials

Financials Breakdown Chart

Massimo Group Financials - Frequently Asked Questions

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Massimo Group (MAMO) Financials

Annual Income Statements for Massimo Group

Quarterly Income Statements for Massimo Group

Annual Cash Flow Statements for Massimo Group

Quarterly Cash Flow Statements for Massimo Group

Annual Balance Sheets for Massimo Group

Quarterly Balance Sheets for Massimo Group

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Quarterly Metrics And Ratios for Massimo Group

Financials Breakdown Chart

Massimo Group Financials - Frequently Asked Questions

When does Massimo Group's financial year end?

How has Massimo Group's net income changed over the last 3 years?

What is Massimo Group's operating income?

How has Massimo Group's revenue changed over the last 3 years?

How much debt does Massimo Group have?

How much cash does Massimo Group have?

How has Massimo Group's book value per share changed over the last 3 years?

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