Massimo Group financial data

Symbol
MAMO on Nasdaq
Industry
Miscellaneous Transportation Equipment
Location
3101 W Miller Road, Garland, TX
State of incorporation
NV
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 206 %
Quick Ratio 137 %
Debt-to-equity 145 %
Return On Equity 36.7 %
Return On Assets 15 %
Operating Margin 9.61 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41.4M shares
Common Stock, Shares, Outstanding 41.3M shares
Common Stock, Value, Issued 41.3K USD
Weighted Average Number of Shares Outstanding, Basic 41.3M shares +3.31%
Weighted Average Number of Shares Outstanding, Diluted 41.3M shares +3.31%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 131M USD -14.4%
Research and Development Expense 94.8K USD
Selling and Marketing Expense 2.21M USD +13.3%
General and Administrative Expense 16.3M USD +43.4%
Operating Income (Loss) 12.6M USD -94.2%
Nonoperating Income (Expense) -3.25M USD -1884%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 9.32M USD -162%
Income Tax Expense (Benefit) 1.99M USD -156%
Net Income (Loss) Attributable to Parent 7.33M USD -163%
Earnings Per Share, Basic 0.19 USD/shares -160%
Earnings Per Share, Diluted 0.19 USD/shares -160%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 11.6M USD
Inventory, Net 30.9M USD
Other Assets, Current 567K USD
Assets, Current 45.1M USD
Deferred Income Tax Assets, Net 1.11M USD
Property, Plant and Equipment, Net 600K USD
Operating Lease, Right-of-Use Asset 10.1M USD
Other Assets, Noncurrent 49.5K USD
Assets 57.1M USD
Accounts Payable, Current 9.76M USD
Accrued Liabilities, Current 164K USD
Contract with Customer, Liability, Current 1.17M USD
Liabilities, Current 26.3M USD
Operating Lease, Liability, Noncurrent 8.19M USD
Other Liabilities, Noncurrent 4.32M USD
Liabilities 34.5M USD
Retained Earnings (Accumulated Deficit) 16.8M USD
Stockholders' Equity Attributable to Parent 22.5M USD +116%
Liabilities and Equity 57.1M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -636K USD -184%
Net Cash Provided by (Used in) Financing Activities 53.4K USD
Net Cash Provided by (Used in) Investing Activities 23.6K USD
Common Stock, Shares Authorized 100M shares
Common Stock, Shares, Issued 41.3M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -559K USD -964%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.72M USD +48.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 138K USD +13769300%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 10.3M USD
Depreciation 140K USD -21.1%
Payments to Acquire Property, Plant, and Equipment 82.3K USD +86.2%
Lessee, Operating Lease, Liability, to be Paid 12.2M USD
Property, Plant and Equipment, Gross 1.12M USD
Operating Lease, Liability, Current 2.08M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.63M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 2.87M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Deferred Income Tax Expense (Benefit) -212K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.92M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.34M USD
Deferred Tax Assets, Operating Loss Carryforwards 16.5K USD
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 3.12M USD -94.8%
Preferred Stock, Shares Authorized 5M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.34M USD
Operating Lease, Payments 311K USD
Additional Paid in Capital 5.72M USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 3.25M USD
Interest Expense 138K USD -11.2%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares