Massimo Group Common Stock

Massimo Group Common Stock

MAMO · NASDAQ · Consumer Cyclical / Recreational Vehicles

0.9748USD-0.01 (-0.53%)

Price History

Full chart

Market Stats

Previous Close0.98
Open0.96
Day Range0.96 – 0.975
52-Week Range0.66 – 5.59
Volume2.28K
Market Cap41.60M
P/E (TTM)9.99
Forward P/E0.00
EPS0.10
Dividend Yield0.00%
Beta0.34
50-Day Avg1.00
200-Day Avg1.53

About

Massimo Group, through its subsidiaries, manufactures and sells utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats to rural, agricultural, and commercial customers in the United States. It operates in two segments, Sales of UTVs, ATVs and e-bikes; and Sales of Pontoon Boats. The company offers motorcycles, scooters, golf carts, minibikes, go karts, balance bikes, and electric utility carts, as well as snow equipment, recreational vehicles, and other youth-oriented products. It also provides accessories, including EV chargers, electric coolers, power stations, replacement parts and supplies, snowplows, and portable solar panels. The company sells its products through a network of dealerships, distributors, and chain stores, as well as the e-commerce marketplace. Massimo Group was founded in 2009 and is based in Garland, Texas.

Company Details

  • SectorConsumer Cyclical
  • IndustryRecreational Vehicles
  • CEOMr. Quenton Peterson
  • Employees100
  • Headquarters3101 West Miller Road, Garland, TX, United States, 75041, USA
  • Websitehttps://www.massimomotor.com

Leadership

  • Mr. David ShanFounder & Executive Chairman · b. 1967
  • Mr. Quenton PetersonChief Executive Officer · b. 1990
  • Ms. Mingqui XuChief Financial Officer · b. 1980

Financials

Income Statement

Currency: USD2021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue82.57M86.53M115.04M109.33M71.83M
Growth (%)-+4.80%+32.95%-4.97%-34.30%
Cost of Revenue65.53M64.32M79.28M76.87M44.88M
Gross Profit17.04M22.20M35.76M32.46M26.95M
Gross Margin20.64%25.66%31.09%29.69%37.52%
Operating Expense12.67M17.60M22.84M27.41M24.97M
Operating Income4.37M4.61M12.92M5.05M1.98M
Operating Margin5.30%5.32%11.23%4.62%2.76%
EBITDA5.35M5.18M13.07M2.69M2.26M
EBITDA Margin6.48%5.98%11.37%2.46%3.15%
Net Income4.72M4.16M10.42M1.76M1.51M
Net Income Margin5.71%4.81%9.05%1.61%2.10%
R&D--0343.49K2.09M
R&D as % of Total Revenue--0.00%0.31%2.91%
Interest Expense454.07K828.02K518.73K98.67K45.35K
Interest Expense % of Total Revenue0.55%0.96%0.45%0.09%0.06%

Balance Sheet

Currency: USD2021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets36.11M36.86M43.11M54.89M51.43M
Total Liabilities23.20M31.79M27.79M33.19M27.72M
Total Equity12.91M5.07M15.32M21.70M23.71M
Cash1.29M947.97K765.81K10.21M5.79M
Total Debt7.42M18.06M9.83M15.17M9.46M
Net Debt6.13M17.11M9.06M4.96M3.68M

Cash Flow

Currency: USD2021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-1.30M621.29K10.91M6.67M-98.28K
Investing Cash Flow-240.47K-197.80K--225.88K-731.03K
Financing Cash Flow2.52M-764.37K-10.97M3.00M-3.59M
Capital Expenditure240.47K197.80K134.66K387.88K731.03K
Free Cash Flow-1.54M423.49K10.78M6.28M-829.31K
FCF to OCF118.55%68.16%98.77%94.19%843.86%

Earnings

Report DateJun 30, 2024Sep 30, 2024Mar 26, 2025May 20, 2025Aug 18, 2025Nov 14, 2025Mar 26, 2026Mar 31, 2026Aug 13, 2026Nov 6, 2026
EPS Estimate----------
EPS Actual0.07-0.06-0.04-0.050.000.040.05-0.020.03-
Surprise----------
Timing--After-hours-After-hoursAfter-hoursAfter-hours---

Key Statistics & Ratios

Market Cap41.60M
Enterprise Value43.56M
Trailing P/E9.99
Forward P/E0.00
Price / Sales0.63
Price / Book1.65
EPS0.10
Book Value0.578
Revenue (TTM)65.64M
Gross Profit (TTM)28.22M
EBITDA5.39M
Profit Margin6.04%
Operating Margin11.14%
Return on Equity17.93%
Return on Assets6.82%
Shares Outstanding41.64M
Shares Float8.87M
Beta0.34
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
1.41%
Insiders
78.70%
Retail / Other
19.89%

Top Institutional Holders

  • Geode Capital Management, LLC
    122.43K0.29%
  • Vanguard Capital Management, LLC
    42.60K0.10%
  • Vanguard Fiduciary Trust Co
    21.23K0.05%
  • UBS Group AG
    15.24K0.04%
  • BlackRock Inc
    14.29K0.03%
  • XTX Topco Ltd
    13.13K0.03%
  • Renaissance Technologies Corp
    12.60K0.03%
  • Northern Trust Corp
    10.24K0.02%
  • Tower Research Capital LLC
    9.05K0.02%
  • Royal Bank of Canada
    1140.00%
  • Advisory Services Network, LLC
    00.00%
  • Bank of America Corp
    00.00%
  • SBI Securities Co Ltd
    60.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    32.46K0.08%
  • iShares Micro-Cap ETF
    29.83K0.07%
  • Fidelity Extended Market Index
    25.57K0.06%
  • Fidelity Nasdaq Composite Index
    23.17K0.06%
  • Fidelity Total Market Index
    13.45K0.03%
  • Fidelity Series Total Market Index
    6.33K0.02%
  • 1290 VT Micro Cap K
    1.03K0.00%