Security
Massimo Group Common Stock · MAMO
MAMONASDAQCommon stockCurrentCIK 1952853Updated Oct 6, 2026
MAMO price & chart
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NASDAQ:MAMO on TradingView ↗In the news
Massimo Group Announces Strategic Nearshoring Initiative to Strengthen Supply Chain Resilience and Support Long-Term Shareholder Value News provided by Massimo Group Jun 04, 2025, 08:30 ET Share this article Share to X Share this article Share to X GARLAND, Texas , June 4, 2025 /PRNewswire/ -- In re ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
10-Q filing
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 44,380,414Source | 57,052,838Source | 48,723,726Source | 45,940,971Source | 49,857,078Source | 44,285,647Source | 46,350,349Source | 47,274,607Source | 51,432,811Source | 54,889,518Source | 41,943,479Source | 36,862,456Source |
| Property, Plant and Equipment, NetUSD | 492,669Source | 600,034Source | 985,056Source | 465,254Source | 548,849Source | 645,126Source | 498,757Source | 384,551Source | 456,078Source | 532,259Source | 399,981Source | 414,554Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,595,614Source | — | 4,637,858Source | — | — | 4,147,216Source | — | — | 5,787,993Source | — | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 5,382,674Source | 11,557,733Source | 4,979,678Source | 8,130,043Source | 11,466,849Source | 4,087,261Source | 5,592,946Source | 14,203,770Source | 5,327,037Source | 4,826,637Source | 9,566,445Source | 6,831,731Source |
| Inventory, NetUSD | 25,092,482Source | 30,913,746Source | 23,641,134Source | 23,410,336Source | 30,831,548Source | 23,937,558Source | 24,386,248Source | 27,182,635Source | 26,007,553Source | 27,258,640Source | 25,800,912Source | 23,762,950Source |
| Assets, CurrentUSD | 34,641,071Source | 45,086,015Source | 37,256,447Source | 35,277,136Source | 45,241,184Source | 32,907,564Source | 35,096,129Source | 43,678,961Source | 39,847,243Source | 43,623,445Source | 38,360,008Source | 34,591,203Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,228,523Source | — | 3,804,393Source | 953,972Source | — | 540,558Source | 1,067,219Source | — | 2,531,257Source | 1,220,432Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | 7,914,944Source | 10,125,587Source | 6,341,211Source | 8,449,697Source | 3,492,910Source | 6,964,143Source | 8,973,622Source | 1,197,431Source | 7,388,313Source | 9,485,899Source | 1,478,221Source | 1,340,053Source |
| Other Assets, NoncurrentUSD | 49,500Source | 49,500Source | 49,500Source | 49,500Source | 49,500Source | 49,500Source | 49,500Source | — | 49,500Source | 49,500Source | — | — |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 22,661,771Source | 34,509,709Source | 24,648,908Source | 25,783,012Source | 25,139,815Source | 21,609,986Source | 26,448,316Source | 29,130,519Source | 27,720,206Source | 33,185,198Source | 27,455,673Source | 31,791,716Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 41,640Source | 41,329Source | 41,640Source | 41,640Source | 41,322Source | 41,640Source | 41,546Source | 40,000Source | 41,640Source | 41,539Source | 40,000Source | 40,000Source |
| Additional Paid in CapitalUSD | 7,113,750Source | 5,720,756Source | 7,031,151Source | 7,079,473Source | 5,392,664Source | 7,084,356Source | 6,901,320Source | 1,994,000Source | 7,113,750Source | 6,614,907Source | 1,994,000Source | 1,994,000Source |
| Retained Earnings (Accumulated Deficit)USD | 14,563,253Source | 16,781,044Source | 17,002,027Source | 13,036,846Source | 19,283,277Source | 15,549,665Source | 12,959,167Source | 16,467,247Source | 16,557,215Source | 15,047,874Source | 13,285,965Source | 5,070,740Source |
| Stockholders' Equity Attributable to ParentUSD | 21,718,643Source | 22,543,129Source | 24,074,818Source | 20,157,959Source | 24,717,263Source | 22,675,661Source | 19,902,033Source | 18,144,088Source | 23,712,605Source | 21,704,320Source | 14,487,806Source | 5,070,740Source |
| Liabilities and EquityUSD | 44,380,414Source | 57,052,838Source | 48,723,726Source | 45,940,971Source | 49,857,078Source | 44,285,647Source | 46,350,349Source | 47,274,607Source | 51,432,811Source | 54,889,518Source | 41,943,479Source | 36,862,456Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 16,730,266Source | 26,278,142Source | 20,143,014Source | 19,393,743Source | 18,124,069Source | 16,618,795Source | 19,564,218Source | 20,639,097Source | 22,253,882Source | 25,738,903Source | 18,827,655Source | 31,132,072Source |
| Operating Lease, Liability, CurrentUSD | 2,034,503Source | 2,075,541Source | 1,873,120Source | 2,118,166Source | 908,584Source | 1,878,122Source | 2,156,252Source | 681,872Source | 1,956,045Source | 2,119,894Source | 847,368Source | 750,719Source |
| Accounts Payable, CurrentUSD | 4,699,212Source | 9,764,284Source | 5,367,763Source | 6,243,195Source | 8,213,379Source | 2,330,776Source | 5,729,448Source | 14,772,382Source | 7,726,558Source | 9,572,444Source | 12,678,077Source | 11,111,624Source |
| Operating Lease, Liability, NoncurrentUSD | 5,919,867Source | 8,186,938Source | 4,500,259Source | 6,373,380Source | 2,643,681Source | 4,983,516Source | 6,861,638Source | 515,559Source | 5,456,648Source | 7,412,693Source | 630,853Source | 589,334Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | 22,989Source | 163,666Source | 6,334Source | 31,645Source | 202,273Source | 11,438Source | 99,605Source | 138,229Source | 12,166Source | 261,588Source | 283,276Source | 556,538Source |
| Deferred Tax Liabilities, NetUSD | 1,670,725Source | 2,143,679Source | 1,334,598Source | 1,785,203Source | 752,997Source | 1,466,698Source | 1,897,408Source | 273,125Source | 1,557,954Source | 2,007,117Source | 334,271Source | — |
| Intangible Assets, Net (Excluding Goodwill) | — | — | —Source | — | — | — | — | — | — | — | — | — |
| Other Liabilities, Noncurrent | — | — | — | — | —Source | — | — | —Source | — | — | — | — |
| Short-term Investments | — | — | — | — | — | — | —Source | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | — | — | —Source | —Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | -29,395Source | 90,480Source | 191,565Source | 224,190Source | — | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -1,265,771Source | 816,318Source | 610,082Source | -4,912,976Source | 3,536,449Source | -1,091,356Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -2,069,995Source | -2,872,393Source | -1,251,087Source | 1,487,728Source | 2,477,862Source | 1,445,548Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -5,395,782Source | -3,842,996Source | -1,845,886Source | -761,764Source | 1,356,453Source | -1,150,979Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | 27,868Source | 22,578Source | -173,142Source | -544,075Source | -1,961,217Source | -992,013Source | -134,601Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -1,376,738Source | -3,339,474Source | -98,276Source | 6,672,278Source | 10,912,592Source | 621,293Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -252,457Source | -3,000,000Source | -731,031Source | -225,875Source | -121,162Source | -197,802Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | 406,376Source | — | 262,457Source | — | 65,361Source | 387,876Source | 134,662Source | 197,802Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -11,582Source | -3,026,986Source | -3,592,784Source | 2,997,867Source | -10,973,587Source | -764,374Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -1,640,777Source | -9,366,460Source | -4,422,091Source | 9,444,270Source | -182,157Source | -340,883Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 2,595,614Source | 1,723,783Source | 4,637,858Source | 2,441,007Source | 4,147,216Source | 843,624Source | 5,787,993Source | 10,210,084Source | 765,814Source | 947,971Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | 895Source | 45,353Source | 98,667Source | 518,731Source | 805,229Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 16,470Source | 2,695,591Source | 143,322Source | — |
| Additional Financial Items | ||||||||||||
| Accretion ExpenseUSD | — | — | 670Source | 1,116Source | 334Source | 784Source | 438Source | 895Source | 2,904Source | 4,677Source | 7,048Source | 4,015Source |
| DepreciationUSD | — | — | 37,946Source | 31,127Source | 66,447Source | 33,503Source | 39,062Source | 33,502Source | 141,542Source | 129,598Source | 151,512Source | 146,658Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | — | — | — | -24,346Source | — | — | 36,001Source | 15,777Source | — |
| General and Administrative ExpenseUSD | — | — | 3,395,821Source | 3,895,232Source | 3,626,877Source | 4,425,166Source | 4,220,839Source | 4,219,600Source | 15,473,130Source | 16,489,530Source | 13,227,106Source | 8,928,493Source |
| Goodwill, Impairment LossUSD | — | — | — | 29,883Source | — | — | — | — | — | 772,780Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | 410,617Source | -621,665Source | 280,218Source | 27,296Source | -168,861Source | -539,795Source | 520,103Source | 654,758Source | 2,129,804Source | — |
| Insured Event, Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | 33,042Source | 200,000Source |
| InterestExpenseNonoperatingUSD | — | — | -373Source | 64,462Source | 8,541Source | 63,704Source | 5,742Source | 1,090Source | 45,353Source | 98,667Source | — | — |
| Inventory Write-downUSD | — | — | — | -110,000Source | 0Source | 0Source | — | — | — | 30,000Source | 439,900Source | — |
| LitigationSettlementLossUSD | — | — | — | 3,573,651Source | — | — | — | — | — | 3,645,092Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 1,526,407Source | -2,502,233Source | 1,452,362Source | 77,679Source | -1,007,550Source | -2,088,707Source | 1,509,341Source | 1,761,909Source | 10,415,225Source | 4,161,613Source |
| Nonoperating Income (Expense)USD | — | — | 148,319Source | -3,427,412Source | 71,170Source | -37,102Source | -138,086Source | 77,608Source | 49,466Source | -2,632,922Source | -377,865Source | -443,394Source |
| Operating ExpensesUSD | — | — | 5,345,549Source | 6,648,801Source | 5,620,684Source | 6,724,340Source | 6,113,906Source | 6,930,760Source | 24,969,220Source | 27,410,350Source | 22,988,196Source | 17,598,669Source |
| Operating Lease, ExpenseUSD | — | — | 715,829Source | 624,232Source | 628,129Source | 716,492Source | 717,143Source | 716,942Source | 3,320,069Source | 2,058,524Source | 1,104,769Source | 775,013Source |
| Other Nonoperating Income (Expense)USD | — | — | — | 210,701Source | — | — | — | — | — | — | 140,866Source | 384,622Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | 11,582Source | 10,686Source | 46,325Source | 41,648Source | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | — | — | 601,841Source | — |
| Stock or Unit Option Plan Expense | — | — | — | — | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 16,990,855Source | 25,602,310Source | 14,918,102Source | 18,915,918Source | 12,714,996Source | 14,901,722Source | 71,828,444Source | 109,325,742Source | 115,037,544Source | 86,527,534Source |
| Cost of RevenueUSD | — | — | 9,856,601Source | 18,649,995Source | 7,636,008Source | 12,049,501Source | 7,639,415Source | 10,677,072Source | 44,879,246Source | 76,865,803Source | 79,126,454Source | 64,323,858Source |
| Operating Income (Loss)USD | — | — | 1,788,705Source | 303,514Source | 1,661,410Source | 142,077Source | -1,038,325Source | -2,706,110Source | 1,979,978Source | 5,049,589Source | 12,922,894Source | 4,605,007Source |
| Other Nonoperating Income (Expense)USD | — | — | — | 210,701Source | — | — | — | — | — | — | 140,866Source | 384,622Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 1,937,024Source | -3,123,898Source | 1,732,580Source | 104,975Source | -1,176,411Source | -2,628,502Source | 2,029,444Source | 2,416,667Source | 12,545,029Source | 4,161,613Source |
| Income Tax Expense (Benefit)USD | — | — | 410,617Source | -621,665Source | 280,218Source | 27,296Source | -168,861Source | -539,795Source | 520,103Source | 654,758Source | 2,129,804Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 1,526,407Source | -2,502,233Source | 1,452,362Source | 77,679Source | -1,007,550Source | -2,088,707Source | 1,509,341Source | 1,761,909Source | 10,415,225Source | 4,161,613Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.04Source | -0.06Source | 0.03Source | 0Source | -0.02Source | -0.05Source | 0.04Source | 0.04Source | 0.26Source | — |
| Earnings Per Share, DilutedUSD per share | — | — | 0.04Source | -0.06Source | 0.03Source | 0Source | -0.02Source | -0.05Source | 0.04Source | 0.04Source | 0.26Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 41,546,700Source | 41,325,388Source | 41,640,950Source | 41,566,110Source | 41,603,838Source | 41,542,800Source | 41,603,838Source | 41,010,654Source | 40,000,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 41,640,950Source | 41,325,388Source | 41,640,950Source | 41,640,950Source | 41,603,838Source | 41,542,800Source | 41,640,950Source | 41,161,849Source | 40,000,000Source | — |
| Interest Expense (non-operating)USD | — | — | -373Source | 64,462Source | 8,541Source | 63,704Source | 5,742Source | 1,090Source | 45,353Source | 98,667Source | — | — |
| Additional Financial Items | ||||||||||||
| Current Income Tax Expense (Benefit)USD | — | — | 3,842Source | 55,782Source | 252,350Source | 4,718Source | 4,280Source | 4,280Source | 2,481,320Source | 1,646,771Source | 2,264,405Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | — | — | 141,542Source | 171,346Source | — | — |
| General and Administrative ExpenseUSD | — | — | 3,395,821Source | 3,895,232Source | 3,626,877Source | 4,425,166Source | 4,220,839Source | 4,219,600Source | 15,473,130Source | 16,489,530Source | 13,227,106Source | 8,928,493Source |
| Goodwill, Impairment LossUSD | — | — | — | 29,883Source | — | — | — | — | — | 772,780Source | — | — |
| Gross ProfitUSD | — | — | 7,134,254Source | 6,952,315Source | 7,282,094Source | 6,866,417Source | 5,075,581Source | 4,224,650Source | 26,949,198Source | 32,459,939Source | 35,911,090Source | 22,203,676Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 518,731Source | 828,016Source |
| LitigationSettlementLossUSD | — | — | — | 3,573,651Source | — | — | — | — | — | 3,645,092Source | — | — |
| Nonoperating Income (Expense)USD | — | — | 148,319Source | -3,427,412Source | 71,170Source | -37,102Source | -138,086Source | 77,608Source | 49,466Source | -2,632,922Source | -377,865Source | -443,394Source |
| Operating ExpensesUSD | — | — | 5,345,549Source | 6,648,801Source | 5,620,684Source | 6,724,340Source | 6,113,906Source | 6,930,760Source | 24,969,220Source | 27,410,350Source | 22,988,196Source | 17,598,669Source |
| Operating Lease, ExpenseUSD | — | — | 715,829Source | 624,232Source | 628,129Source | 716,492Source | 717,143Source | 716,942Source | 3,320,069Source | 2,058,524Source | 1,104,769Source | 775,013Source |
| Research and Development ExpenseUSD | — | — | 786,650Source | 94,771Source | 289,457Source | 144,757Source | 628,762Source | 841,196Source | 2,089,181Source | 343,493Source | — | — |
| Selling and Marketing ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 9,761,090Source | 8,670,176Source |
| Selling ExpenseUSD | — | — | 1,163,078Source | 2,628,915Source | 1,704,350Source | 2,154,417Source | 1,264,305Source | 1,869,964Source | 7,406,909Source | 9,804,547Source | — | — |
Filing attachments
ex99-1.htm · 8-K · 2026-06-24
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Massimo Group Secures Up to US$4 Million in Controlling Shareholder Funding to Accelerate Intelligent Patrol Systems Development and Terminates Previously Announced FST Acquisition Company Will No Longer Pursue Previously Contemplated Stock-Based Acquisition Structure and Will Focus on Advanced Security Technologies, Autonomous Patrol Platforms and AI-Enabled Security Solutions GARLAND, Texas, June 24, 2026 - Massimo Group (NASDAQ: MAMO) (“Massimo…
Read attachment ↗ex99-1.htm · 8-K · 2026-04-20
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Massimo Group Announces CEO Appointment and Executive Chairman Transition Garland, TX - April 20, 2026 - Massimo Group (NASDAQ: MAMO) today announced the appointment of Quenton Petersen as Chief Executive Officer, effective April 14, 2026. David Shan will transition to Executive Chairman and remain actively involved in the Company’s strategic direction and operations. Mr. Petersen has been with Massimo Group for over nine years and has played a ke…
Read attachment ↗ex99-1.htm · 8-K · 2026-02-03
Exhibit 99.1 Massimo Group Signs Letter of Intent to Acquire 100% of AI technology company FST in Drive to Accelerate Its AI-Powered Mobility and Health Technology Strategy Garland, Texas - February 3, 2026 - Massimo Group (NASDAQ: MAMO) (“Massimo” or the “Company”), a leading U.S. manufacturer and distributor of powersports vehicles and electric mobility solutions, today announced that it has entered into a non-binding Letter of Intent (“LOI”) to acquire 100% of the equity interests of FST De…
Read attachment ↗