Mama’s Creations, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $171.7M | $123.3M | $103.3M | $95.4M | $48.8M | $40.8M | $33.8M | $28.5M |
| Cost of Revenue | $128.7M | $92.8M | $73.0M | $73.8M | $35.2M | $28.0M | $23.8M | $18.6M |
| Gross Profit | $43.0M | $30.5M | $30.3M | $19.4M | $11.9M | $12.7M | $10.0M | $9.9M |
| Gross Margin | 25.1% | 24.8% | 29.4% | 20.4% | 24.3% | 31.3% | 29.6% | 34.7% |
| Operating Expenses | ||||||||
| Research & Development | $288.0K | $455.0K | $414.0K | $135.0K | $120.7K | $110.7K | $114.6K | $130.9K |
| SG&A Expense | $35.6M | $25.2M | $21.0M | $16.5M | $11.7M | $9.2M | $7.8M | $8.3M |
| Operating Income | $7.1M | $4.9M | $8.9M | $2.8M | $82.8K | $3.5M | $2.1M | $1.5M |
| Operating Margin | 4.1% | 4.0% | 8.6% | 3.0% | 0.2% | 8.5% | 6.2% | 5.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $6.9M | $4.7M | $8.3M | $2.2M | $44.5K | $3.3M | $1.5M | $453.5K |
| Income Tax Expense | $1.6M | $995.0K | $2.0M | $9.0K | $296.5K | $-745.0K | — | — |
| Net Income | $5.3M | $3.7M | $6.6M | $2.3M | $-251.9K | $4.1M | $1.5M | $453.5K |
| Net Margin | 3.1% | 3.0% | 6.4% | 2.4% | -0.5% | 10.0% | 4.5% | 1.6% |
| EPS (Basic) | $0.14 | $0.10 | $0.18 | $0.06 | $-0.01 | $0.12 | $0.05 | $0.01 |
| EPS (Diluted) | $0.13 | $0.09 | $0.17 | $0.06 | $-0.01 | $0.12 | $0.04 | $0.01 |
| Shares Outstanding (Basic) | 38.9M | 37.4M | 36.8M | 36.1M | 35.7M | 33.5M | 31.9M | 31.8M |
| Shares Outstanding (Diluted) | 41.4M | 39.4M | 38.4M | 37.3M | 35.7M | 34.0M | 34.3M | 32.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |