Company research
Maison Solutions Inc.
CIK 1892292Updated Sep 26, 2026
SecurityMSS · NASDAQ · equity
MSS price & chart
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NASDAQ:MSS on TradingView ↗About the company
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian American communities. The Company is committed to providing Asian fresh produce, meat, seafood and other daily necessities in a manner that caters to traditional Asian American family values and cultural norms, while also accounting for the faster-paced lifestyle of younger generations and the diverse makeup of the communities in which the Company operates. The Company’s grocery retail operations are located in Southern California and Arizona under the HK Good Fortune and Lee Lee International brands. For more information about Maison Solutions, please visit www.maisonsolutionsinc.com. Follow the Company on LinkedIn and X.
In the news
HALPER SADEH LLC ENCOURAGES MAISON SOLUTIONS INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS News provided by Halper Sadeh LLP Nov 30, 2025, 15:17 ET Share this article Share to X Share this article Share to X Shareholders should contact the firm immediately as there may be limited tim ↗
Recent filings
NT 10-Q filing
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
4 filing
4 filing
4 filing
Show 5 more recent filings
4 filing
3 filing
NT 10-K filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 77,362,889Source | 82,397,143Source | 34,584,022Source |
| Property, Plant and Equipment, NetUSD | 2,033,932Source | 2,334,963Source | 671,463Source |
| GoodwillUSD | 14,882,849Source | 16,957,147Source | 2,222,211Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,419,812Source | 7,978,911Source | 197,329Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 775,360Source | — | 2,569,766Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,658,524Source | 111,874Source | 315,356Source |
| Inventory, NetUSD | 5,754,924Source | 6,802,255Source | 2,978,986Source |
| Assets, CurrentUSD | 12,925,135Source | 11,912,268Source | 8,285,797Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | 550,836Source |
| Operating Lease, Right-of-Use AssetUSD | 38,058,995Source | 40,726,647Source | 22,545,190Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 65,722,860Source | 71,678,023Source | 33,791,765Source |
| Stockholders’ equity: | |||
| Retained Earnings (Accumulated Deficit)USD | -1,648,223Source | -2,817,495Source | 522,710Source |
| Stockholders' Equity Attributable to ParentUSD | 11,667,269Source | 10,497,997Source | 524,310Source |
| Additional Paid in Capital, Common StockUSD | 13,313,523Source | 13,313,523Source | — |
| Liabilities and EquityUSD | 77,362,889Source | 82,397,143Source | 34,584,022Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 22,746,598Source | 28,769,196Source | 8,372,661Source |
| Operating Lease, Liability, CurrentUSD | 4,186,193Source | 4,088,678Source | 1,761,182Source |
| Accounts Payable, CurrentUSD | 7,986,255Source | 5,394,423Source | 3,105,592Source |
| Operating Lease, Liability, NoncurrentUSD | 36,763,887Source | 39,015,252Source | 22,711,760Source |
| Deferred Income Tax Liabilities, NetUSD | 1,183,914Source | 1,272,260Source | 40,408Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -27,240Source | 221,123Source | 267,947Source |
| Additional Financial Items | |||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | 237,000Source |
| Deferred Tax Liabilities, NetUSD | 1,183,914Source | — | — |
| Long-term DebtUSD | 2,616,050Source | 2,561,299Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 920,909Source | -3,387,029Source | 1,639,301Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | — | 267,269Source | 326,887Source |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 2,546,650Source | -203,481Source | 258,309Source |
| Increase (Decrease) in InventoriesUSD | -770,431Source | -914,356Source | -343,513Source |
| Deferred Income Tax Expense (Benefit)USD | -88,346Source | -11,698Source | -3,125Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 4,756,130Source | -3,503,146Source | 484,191Source |
| Cash flows from investing activities: | |||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 7,000,000Source | 2,500,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -237,355Source | -12,207,132Source | 1,860,882Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 49,388Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -5,818,814Source | 13,140,512Source | -746,637Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | 1,598,436Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 775,360Source | 1,101Source | 2,570,867Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,032,962Source | 104,451Source | 70,795Source |
| Income Taxes Paid, NetUSD | 116,369Source | 973,656Source | — |
| Additional Financial Items | |||
| Amortization of Debt Issuance Costs and DiscountsUSD | 55,417Source | — | — |
| Amortization of Intangible AssetsUSD | 559,099Source | 168,418Source | 194,000Source |
| DepreciationUSD | — | 26,727Source | 32,865Source |
| Gain (Loss) on InvestmentsUSD | -515,740Source | -538,542Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | 245,000Source | — |
| General and Administrative ExpenseUSD | 7,888,721Source | 4,169,275Source | 3,887,935Source |
| GoodwillUSD | 14,882,849Source | 16,957,147Source | 2,222,211Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | -538,542Source | — |
| Income Tax Expense (Benefit)USD | 173,989Source | 440,562Source | 336,486Source |
| InterestExpenseNonoperatingUSD | 1,167,895Source | — | — |
| Inventory Write-downUSD | 276,900Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 1,169,273Source | -3,340,206Source | -1,639,301Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -248,364Source | -46,823Source | 387,498Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,169,273Source | — | 1,251,803Source |
| Nonoperating Income (Expense)USD | 2,359,904Source | -242,461Source | 1,892,140Source |
| Operating Costs and ExpensesUSD | — | — | 57,707,072Source |
| Operating ExpensesUSD | 27,607,557Source | 14,325,103Source | 12,367,513Source |
| Operating Lease, ExpenseUSD | 4,500,000Source | 3,220,000Source | 2,720,000Source |
| Other Nonoperating Income (Expense)USD | 641,551Source | — | 1,849,534Source |
| Proceeds from Issuance of Common StockUSD | — | 13,313,892Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | 40,775Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 124,217,480Source | 58,043,161Source | 55,399,112Source |
| Cost of RevenueUSD | 97,874,929Source | 46,422,064Source | 42,947,952Source |
| Operating Income (Loss)USD | -1,265,006Source | -2,704,006Source | 83,647Source |
| Other Nonoperating Income (Expense)USD | 641,551Source | — | 1,849,534Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,094,898Source | -2,946,467Source | — |
| Income Tax Expense (Benefit)USD | 173,989Source | 440,562Source | 336,486Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -248,364Source | -46,823Source | 387,498Source |
| Net Income (Loss) Attributable to ParentUSD | 1,169,273Source | -3,340,206Source | -1,639,301Source |
| Earnings Per Share, BasicUSD per share | 0.07Source | -0.19Source | 0.08Source |
| Earnings Per Share, DilutedUSD per share | 0.07Source | -0.19Source | 0.08Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 17,450,476Source | 17,913,869Source | 16,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 17,748,272Source | — | 16,000,000Source |
| Interest Expense (non-operating)USD | 1,167,895Source | — | — |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | 559,099Source | 168,418Source | 194,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,035,485Source | 461,868Source | 371,696Source |
| Gain (Loss) on InvestmentsUSD | -515,740Source | -538,542Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | 245,000Source | — |
| General and Administrative ExpenseUSD | 7,888,721Source | 4,169,275Source | 3,887,935Source |
| Gross ProfitUSD | 26,342,551Source | 11,621,097Source | 12,451,160Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | 1,975,787Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | 515,220Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | -538,542Source | — |
| Interest Expense, DebtUSD | 979,186Source | 31,170Source | 39,379Source |
| Interest Income (Expense), NetUSD | — | -124,260Source | 42,606Source |
| Interest Income, OtherUSD | — | — | 116,810Source |
| Investment Income, NetUSD | — | — | 1,639,301Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | — | — | 2,110,724Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,169,273Source | — | 1,251,803Source |
| Nonoperating Income (Expense)USD | 2,359,904Source | -242,461Source | 1,892,140Source |
| Operating Costs and ExpensesUSD | — | — | 57,707,072Source |
| Operating ExpensesUSD | 27,607,557Source | 14,325,103Source | 12,367,513Source |
| Operating Lease, ExpenseUSD | 4,500,000Source | 3,220,000Source | 2,720,000Source |
| Other IncomeUSD | 190,000Source | — | 1,880,000Source |
| Selling ExpenseUSD | 19,718,836Source | 10,155,828Source | 8,479,578Source |
Filing attachments
ea030313001ex99-1.htm · 8-K · 2026-08-25
EX-99.1 2 ea030313001ex99-1.htm PRESS RELEASE ISSUED BY MAISON SOLUTIONS INC. ON AUGUST 25, 2026 Exhibit 99.1 Maison Solutions Inc. Receives Nasdaq Notification Regarding Delayed Filing of Annual Report on Form 10-K MONTEREY PARK, Calif., August 25, 2026 - Maison Solutions Inc. (Nasdaq: MSS) (the “Company”) today announced that, on August 20, 2026, it received a notification letter from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that, because the Co…
Read attachment ↗ea029932401ex99-1.htm · 8-K · 2026-07-27
EX-99.1 2 ea029932401ex99-1.htm PRESS RELEASE DATED JULY 27, 2026 Exhibit 99.1 Maison Solutions Regains Compliance with Nasdaq Annual Meeting Requirement MONTEREY PARK, Calif., July 27, 2026 - Maison Solutions Inc. (Nasdaq: MSS) (“Maison Solutions” or the “Company”), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced that it has received written notification from the Listing Qualifications Department of The Nasdaq Stock Market LL…
Read attachment ↗ea029619701ex99-1.htm · 8-K · 2026-07-20
EX-99.1 3 ea029619701ex99-1.htm PRESS RELEASE, DATED JULY 20, 2026 Exhibit 99.1 Maison Solutions Announces Reverse Stock Split MONTEREY PARK, CA, July 20, 2026 - Maison Solutions Inc. (NASDAQ:MSS) (“Maison Solutions” or the “Company”), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced that, as previously approved by the stockholders of the Company, it will implement a 1-for-5 reverse stock split of its outstanding shares of Clas…
Read attachment ↗ea029624101ex99-1.htm · 8-K · 2026-07-06
EX-99.1 3 ea029624101ex99-1.htm PRESS RELEASE, DATED JULY 3, 2026 Exhibit 99.1 Maison Solutions Inc. Enters into Agreement to Divest San Gabriel and Monrovia Store Operations as Part of Strategic Realignment Toward Operational Efficiency and AI-Enabled Growth MONTEREY PARK, Calif. July 3, 2026 - Maison Solutions Inc. (Nasdaq: MSS) (“Maison Solutions” or the “Company”), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced that its s…
Read attachment ↗ea029408001ex99-1.htm · 8-K · 2026-06-09
EX-99.1 2 ea029408001ex99-1.htm PRESS RELEASE OF THE REGISTRANT DATED JUNE 9, 2026 Exhibit 99.1 Maison Solutions Inc. Announces Strategic Collaboration with SupplyAi and MiniMax to Explore AI-Native Food Supply Chain Solutions MONTEREY PARK, Calif. June 9, 2026 - Maison Solutions Inc. (Nasdaq: MSS) (“Maison Solutions” or the “Company”), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced a strategic collaboration with SupplyAi, an…
Read attachment ↗ea029026101ex99-1.htm · 8-K · 2026-05-12
EX-99.1 2 ea029026101ex99-1.htm PRESS RELEASE OF THE REGISTRANT DATED MAY 12, 2026 Exhibit 99.1 Maison Solutions Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement MONTEREY PARK, Calif., May 12, 2026 - Maison Solutions Inc. (NASDAQ: MSS) (“Maison Solutions” or the “Company”), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced that on May 11, 2026, it received written notification from The Nasdaq Listing Qualificat…
Read attachment ↗