MAMO

Company Highlights Improved Gross Margins, Strengthened Dealer Channel and Expands Premium HVAC Product Offerings GARLAND, Texas, April 1, 2026 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo" or the "Company") today announced its financial results for the fiscal year ended December 31, 2025, and confirmed that it has filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission. The Company continues to transition toward a more disciplined, higher-margin operating model while advancing new product initiatives designed to support long-term growth. Financial Highlights Gross Margin: approximately 37.5%, compared to 29.7% in FY2024 (+780 basis points) Gross Profit: $26.9 million, compared to $32.5 million Net Income: $1.5 million, compared to $1.8 million Revenue: $71.8 million, compared to $109.3 million Cash at Year-End: $5.8 million, compared to $10.2 million Revenue for 2025 reflects a deliberate strategy to rebalance dealer inventory, reduce channel saturation, and prioritize pricing integrity and long-term channel health over short-term volume growth. Gross margin expansion was driven by product mix optimization, supply chain efficiencies, and ongoing cost control initiatives. Operational and Strategic Highlights During 2025, the Company executed a series of initiatives to strengthen the quality and sustainability of its business, including the following: Rebalanced dealer inventory levels and improved channel health Prioritized pricing discipline and reduced promotional activity Enhanced product mix toward higher-margin offerings Advanced supply chain and cost optimization efforts These actions contributed to improved margin performance and position the Company for more stable long-term growth. Business Platform Massimo operates a nationwide platform supported by: Approximately 2,800 dealer locations across the United States Over 600 motor vehicle service providers Over 5,500 marine service providers A 376,000 square-foot integrated operations facility in Texas This infrastructure provides the Company with a scalable national distribution and service platform capable of supporting future growth across both consumer and commercial markets. Product Innovation and Pipeline Momentum As part of its ongoing strategy, Massimo continues to expand its premium vehicle lineup with a focus on utility-driven, all-weather mobility solut...

GARLAND, Texas, Nov. 18, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports and electric vehicles, today announced that the Company has received orders from retail and dealer partners for more than 4,000 units to be delivered in the next two months, representing over $20 million revenue that will be reflected in the Company's Q4 financials, pushing toward a strong year-end close. The Company is executing a series of holiday sales promotions across its product lineup—including UTVs, ATVs, and youth models—to meet demand and strengthen its retail presence nationwide. Early responses from dealers and major retail partners indicate robust momentum heading into the holiday season, supported by the introduction of the 2026 model year vehicles. "Our team and partners are aligned and motivated to finish the year strong," said David Shan, CEO of Massimo Group. Massimo's expanding retail footprint and continued focus on value, innovation, and dependability are helping to build significant momentum heading into 2026. About Massimo Group (NASDAQ: MAMO) Massimo Group is a manufacturer and distributor of powersports and electric vehicles headquartered in Garland, Texas. The company's portfolio includes UTVs, ATVs, e-bikes, and electric utility vehicles known for performance, reliability, and value. Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo Group. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo Group's future results of operations and financial position, Massimo Group's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo Group are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, b...

Explore Massimo Group's Fair Values from the Community and select yours Revenue: US$18.9m (down 47% from 2Q 2024). Net income: US$77.7k (down 97% from 2Q 2024). Profit margin: 0.4% (down from 8.0% in 2Q 2024). EPS: US$0.002 (down from US$0.068 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Massimo Group shares are down 7.4% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Massimo Group (at least 1 which can't be ignored), and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

The market for Massimo Group's (NASDAQ:MAMO) shares didn't move much after it posted weak earnings recently. Our analysis suggests that while the profits are soft, the foundations of the business are strong. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Many investors haven't heard of the accrual ratio from cashflow, but it is actually a useful measure of how well a company's profit is backed up by free cash flow (FCF) during a given period. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. This ratio tells us how much of a company's profit is not backed by free cashflow. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. That is not intended to imply we should worry about a positive accrual ratio, but it's worth noting where the accrual ratio is rather high. To quote a 2014 paper by Lewellen and Resutek, "firms with higher accruals tend to be less profitable in the future". For the year to December 2024, Massimo Group had an accrual ratio of -0.16. Therefore, its statutory earnings were very significantly less than its free cashflow. In fact, it had free cash flow of US$6.3m in the last year, which was a lot more than its statutory profit of US$3.15m. Massimo Group did see its free cash flow drop year on year, which is less than ideal, like a Simpson's episode without Groundskeeper Willie. However, that's not all there is to consider. The accrual ratio is reflecting the impact of unusual items on statutory profit, at least in part. See our latest analysis for Massimo Group Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Massimo Group. Massimo Group's profit was reduced by unusual items worth US$3.5m in the last twelve months, and this helped it produce high cash conversion, as reflected by its unusual items. This is what you'd expect to see where a company has a non-cash charge reducing paper profits. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vas...

GARLAND, Texas, March 27, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo" or the "Company"), a manufacturer and distributor of powersports vehicles and pontoon boats, today released its financial results for the fourth quarter and the year ended Dec. 31, 2024, noting revenue from sales of UTVs, ATVs and electric bikes increased by $4.1 million, or 4.0%, from $103.3 million in fiscal 2023 to $107.5 million in fiscal 2024. As of Dec. 31, 2024, Massimo reported a positive working capital of $19.2 million, with an increase in net cash and cash equivalents of $9.4 million for the year ended Dec. 31, 2024. The increase in revenue was primarily attributed to Massimo's expansion of product sales into large retail stores in the U.S., along with a shift in the Company's sales strategy. Massimo Group, through its subsidiaries Massimo Motor Sports and Massimo Marine LLC, manufactures, imports and distributes a diversified and competitive portfolio of products including UTVs, ATVs, motorcycles, scooters, golf carts, tractors and recreational pontoon boats among other product lines designed for outdoor enthusiasts. David Shan, CEO of Massimo Group, emphasized operational highlights including the below. Relocation of its MVR Golf Cart series production to its state of the art facility located in Garland, Texas. A new robotic assembly line, which increases efficiency, enhances quality control and improves worker safety in Garland. Massimo's nationwide distribution network now includes six strategically located centers: Edison, New Jersey; City of Industry, California; Port Wentworth, Georgia; Houston, Texas; Garland, Texas; and Edwardsville, Illinois. The Company continues to deepen its relationships with key retail partners through active engagement at major industry events. The company plans to expand into AI Application Robotic Products, partnering with manufacturers to distribute AI-powered companions and utility assistants, transforming the business beyond traditional powersports into high-tech, AI-driven applications. About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested util...