Massimo Group
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $71.8M | $1.9M | $115.0M | $86.5M |
| Cost of Revenue | $44.9M | $76.9M | $79.1M | $64.3M |
| Gross Profit | $26.9M | $32.5M | $35.9M | $22.2M |
| Gross Margin | 37.5% | 1,708.4% | 31.2% | 25.7% |
| Operating Expenses | ||||
| Research & Development | $2.1M | $343.5K | — | — |
| SG&A Expense | $15.5M | $16.5M | $13.2M | $8.9M |
| Operating Income | $2.0M | $5.0M | $12.9M | $4.6M |
| Operating Margin | 2.8% | 265.8% | 11.2% | 5.3% |
| Interest Expense | — | — | $518.7K | $828.0K |
| Pretax Income | $2.0M | $2.4M | $12.5M | $4.2M |
| Income Tax Expense | $520.1K | $654.8K | $2.1M | — |
| Net Income | $1.5M | $1.8M | $10.4M | $4.2M |
| Net Margin | 2.1% | 92.7% | 9.1% | 4.8% |
| EPS (Basic) | $0.04 | $0.04 | $0.26 | — |
| EPS (Diluted) | $0.04 | $0.04 | $0.26 | — |
| Shares Outstanding (Basic) | 41.6M | 41.0M | 40.0M | 40.0M |
| Shares Outstanding (Diluted) | 41.6M | 41.2M | 40.0M | 40.0M |
| Dividends Per Share | — | — | — | — |