Massimo Group financial data

Symbol
MAMO on Nasdaq
Industry
Miscellaneous Transportation Equipment
Location
3101 W Miller Road, Garland, TX
State of incorporation
Nevada
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41.3M 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 +3.15%
Weighted Average Number of Shares Outstanding, Diluted 41.4M shares +3.47%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 35.4M USD +32.4%
Research and Development Expense 162K USD
Selling and Marketing Expense 2.21M USD +13.3%
General and Administrative Expense 4.09M USD +22.7%
Operating Income (Loss) 3.56M USD +56.4%
Nonoperating Income (Expense) 65.6K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.63M USD +66.5%
Income Tax Expense (Benefit) 814K USD +665%
Net Income (Loss) Attributable to Parent 2.82M USD +35.8%
Earnings Per Share, Basic 0.07 USD/shares +40%
Earnings Per Share, Diluted 0.07 USD/shares +40%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 11.5M USD
Inventory, Net 30.8M USD
Other Assets, Current 763K USD
Assets, Current 45.2M USD
Deferred Income Tax Assets, Net 432K USD
Property, Plant and Equipment, Net 549K USD
Operating Lease, Right-of-Use Asset 3.49M USD
Other Assets, Noncurrent 49.5K USD
Assets 49.9M USD
Accounts Payable, Current 8.21M USD
Accrued Liabilities, Current 202K USD
Contract with Customer, Liability, Current 1.21M USD
Liabilities, Current 18.1M USD
Operating Lease, Liability, Noncurrent 2.64M USD
Other Liabilities, Noncurrent 4.32M USD
Liabilities 25.1M USD
Retained Earnings (Accumulated Deficit) 19.3M USD
Stockholders' Equity Attributable to Parent 24.7M USD +304%
Liabilities and Equity 49.9M 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 0%
Common Stock, Shares, Issued 41.3M shares +3.31%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
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 1.28M USD +37.1%
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 3.55M USD
Depreciation 30.5K USD -12.9%
Payments to Acquire Property, Plant, and Equipment 237K USD +863%
Lessee, Operating Lease, Liability, to be Paid 3.99M USD
Property, Plant and Equipment, Gross 1.04M USD
Operating Lease, Liability, Current 909K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.01M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.09M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure
Deferred Income Tax Expense (Benefit) -212K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 434K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 594K USD
Deferred Tax Assets, Operating Loss Carryforwards 16.5K USD
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 899K USD +658%
Preferred Stock, Shares Authorized 5M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 594K USD
Operating Lease, Payments 311K USD
Additional Paid in Capital 5.39M USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 1.18M USD
Interest Expense 138K USD -11.2%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares