SequelSEC

Massimo Group MAMO

Miscellaneous Transportation Equipment · CIK 0001952853

Revenue
$71.83M
Fiscal year ended 2025-12-31
Operating income
$1.98M
Fiscal year ended 2025-12-31
Free cash flow
-$163.64K
Fiscal year ended 2025-12-31

Massimo Group (MAMO) reported revenue of $71.83M and net income of $1.51M for the fiscal year ended 2025-12-31. This page shows 4 annual periods of income statement, balance sheet and cash flow figures normalized from Massimo Group’s SEC filings, each linked to the filing it came from.

Income

Massimo Group income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-31
Revenue$71.83M$109.33M$115.04M$86.53M
Cost of revenue$44.88M$76.87M$79.13M$64.32M
Gross profit$26.95M$32.46M$35.91M$22.20M
Operating income$1.98M$5.05M$12.92M$4.61M
Net income$1.51M$1.76M$10.42M$4.16M
Research & development$2.09M$343.49KUnavailableUnavailable
Weighted-average diluted sharesshares 41.64Mshares 41.16Mshares 40.00MUnavailable
Pretax income$2.03M$2.42M$12.55M$4.16M
Income tax expense$520.10K$654.76K$2.13MUnavailable
Diluted EPS$0.04$0.04$0.26Unavailable
Selling, general & administrativeUnavailableUnavailableUnavailable$17.60M
General & administrative$15.47M$16.49M$13.23M$8.93M
Selling & marketingUnavailableUnavailable$9.76M$8.67M

Balance

Massimo Group balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-31
Cash & equivalents$5.79M$10.21MUnavailableUnavailable
Total assets$51.43M$54.89M$41.94M$36.86M
Current assets$39.85M$43.62M$38.36M$34.59M
Total liabilities$27.72M$33.19M$27.46M$31.79M
Current liabilities$22.25M$25.74M$18.83M$31.13M
Total equity incl. NCI$23.71M$21.70M$14.49M$5.07M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable
Inventory$26.01M$27.26M$25.80M$23.76M
Accounts receivable$5.33M$4.83M$9.57M$6.83M
GoodwillUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailable
Accounts payable$7.73M$9.57M$10.33M$11.11M

Cash flow

Massimo Group cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-31
Operating cash flow-$98.28K$6.67M$10.91M$621.29K
Capital expenditures$65.36K$387.88K$134.66K$197.80K
Investing cash flow-$731.03K-$225.88K-$121.16K-$197.80K
Financing cash flow-$3.59M$3.00M-$10.97M-$764.37K
Net change in cash-$4.42M$9.44M-$182.16K-$340.88K
Stock-based compensation$191.56K$224.19KUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$141.54K$171.35K$193.62KUnavailable

Derived

Massimo Group derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-31
Free cash flow-$163.64K$6.28M$10.77M$423.49K
Gross margin37.5%29.7%31.2%25.7%
Operating margin2.8%4.6%11.2%5.3%
FCF margin-0.2%5.7%9.4%0.5%
SBC / revenue0.3%0.2%UnavailableUnavailable
Current ratio1.79x1.69x2.04x1.11x
Revenue YoY growth-34.3%-5.0%32.9%Unavailable
Net margin2.1%1.6%9.1%4.8%
R&D / revenue2.9%0.3%UnavailableUnavailable
CapEx / revenue0.1%0.4%0.1%0.2%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailable
Effective tax rate25.6%27.1%17.0%Unavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MAMO in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-K/A · Filed 2025-05-20View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.