Massimo Group (MAMO)

NASDAQ: MAMO · Real-Time Price · USD
2.730
-0.120 (-4.21%)
Jan 17, 2025, 4:00 PM EST - Market closed
-4.21%
Market Cap 112.98M
Revenue (ttm) 130.71M
Net Income (ttm) 7.33M
Shares Out 41.38M
EPS (ttm) 0.18
PE Ratio 15.14
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 52,533
Open 2.970
Previous Close 2.850
Day's Range 2.720 - 2.970
52-Week Range 2.420 - 4.660
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 15, 2024

About MAMO

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, 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... [Read more]

IPO Date Apr 2, 2024
Employees 126
Stock Exchange NASDAQ
Ticker Symbol MAMO
Full Company Profile

Financial Performance

In 2023, Massimo Group's revenue was $115.04 million, an increase of 32.95% compared to the previous year's $86.53 million. Earnings were $10.42 million, an increase of 150.27%.

Financial Statements

News

Massimo Motor CEO Reflects on Industry Challenges, Shares Exciting Opportunities Ahead in Letter to Shareholders

GARLAND, Texas , Jan. 16, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, reviews highlights of the past year a...

4 days ago - PRNewsWire

Massimo Motor Expands Nationwide Reach with 6th Distribution Center in Illinois

Midwest hub to support Massimo's robust network of partners and customers in the region GARLAND, Texas , Jan. 7, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distr...

13 days ago - PRNewsWire

Massimo Motor Enhances Production Efficiency with Advanced Robotic Technology; Launches New T-Boss 560L and 760L Models with Winter-Ready Features

Expects to Increase Assembly Efficiency by 50%, Reducing Manual Handling, Minimizing Labor, and Enhancing Worker Safety GARLAND, Texas , Dec. 23, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Ma...

4 weeks ago - PRNewsWire

Massimo Motor Introduces MVR HVAC Golf Cart and Utility Carts: Revolutionizing Comfort and Functionality in Electric Carts

Fully Enclosed Cabs Equipped with Heating and Air Conditioning Ensure Usability and Protection in all Weather Conditions GARLAND, Texas , Dec. 18, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("M...

4 weeks ago - PRNewsWire

Riding the Wave of an Electric Boat Future- Collaborations Key to Success

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - December 3, 2024) - Investorideas.com, a go-to investing platform covering electric vehicle stocks issues a snapshot on the future of...

Other symbols: VMAR
6 weeks ago - Newsfile Corp

Massimo Marine and Vision Marine Technologies Announce Production Partnership for First Commercial Electric Pontoon Platform

Fully Integrated 30-foot Electric Pontoon Platform Designed for Commercial and Recreational Markets Showcases Commitment to Innovation and Sustainability GARLAND, Texas , Dec. 2, 2024 /PRNewswire/ -- ...

Other symbols: VMAR
7 weeks ago - PRNewsWire

Massimo Launches Electric MVR Series Golf and Utility Carts: Meeting the Growing Demand for Low-Speed Electric Vehicles

Industry-Leading Features Tailored to Meet the Increasing Demand for Eco-Friendly, Versatile Solutions for Recreation and Work GARLAND, Texas ,  Nov. 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MA...

2 months ago - PRNewsWire

Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports Market

Sets a New Standard in the Industry for Comfort, Functionality, and Affordability in the Six-Seater UTV market GARLAND, Texas , Nov. 21, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), ...

2 months ago - PRNewsWire

Massimo Announces Expansion of Successful Partnership with Rural King for 2025

Expanded Massimo Lineup of UTVs, ATVs, Go-Karts, Golf Carts and Mini Bikes to be Available Online at Rural King's Website and in Select Stores Throughout 2025 GARLAND, Texas , Nov. 18, 2024 /PRNewswir...

2 months ago - PRNewsWire

Massimo Group Reports Third Quarter 2024 Financial Results

Year-to-Date 2024 Revenue Increases 20.8% YoY to $91.2 Million New Production, Product and Sales Initiatives Driving Motor Vehicle Growth GARLAND, Texas , Nov. 15, 2024 /PRNewswire/ -- Massimo Group (...

2 months ago - PRNewsWire

Massimo Demonstrates Innovation and Growth Potential at the 2024 Equip Expo in Louisville, KY

Strong Interest in Motor Sports Vehicles at Expo Highlights Strategic Business Expansion and Growth Opportunities in 2025 GARLAND, Texas , Oct. 24, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("...

3 months ago - PRNewsWire

Massimo Launches New T-Boss UTV Series for the Winter Season

Fully Enclosed Cabin Provides All-Weather Protection for Work and Play GARLAND, Texas, Oct. 10, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersp...

3 months ago - PRNewsWire

Massimo Releases Feature-Rich T-Boss 1000 UTV

Customers Can Now Work and Play with the Company's Most Powerful and Versatile UTV GARLAND, Texas , Sept. 11, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distribu...

4 months ago - PRNewsWire

Massimo Showcases Newly Introduced GKD 350 All-Terrain Go Kart at Mid-States Fall Rendezvous 2024

Rugged Two-Seater Go-Kart Attracted Strong Interest from North American Premier Retailers in the Farm Store Industry GARLAND, Texas , Sept. 5, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massi...

4 months ago - PRNewsWire

Massimo Group Reports Second Quarter 2024 Financial Results

Q2 2024 Revenue Increases 32% YoY to $35.4 Million Q2 2024 Net Income Increases 36% YoY to $2.8 Million New Production, Distribution and Product Initiatives Fueling Rapid Growth GARLAND, Texas , Aug. ...

5 months ago - PRNewsWire

Massimo Launches New GKD 350 All-Terrain Go Kart

Rugged Two-Seater Vehicle Asked for from Big Retail Partners GARLAND, Texas , July 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehi...

6 months ago - PRNewsWire

Massimo to Launch New Automated Vehicle Assembly Robot Line at Texas Factory

Automation Expected to Improve Efficiency by 50% and Enhance Safety for Production of ATV and UTV Vehicles Lines GARLAND, Texas , July 17, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo")...

6 months ago - PRNewsWire

Massimo Group to Ring the Nasdaq Closing Bell on Monday, July 15, 2024

GARLAND, Texas , June 28, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the Company will ring...

7 months ago - PRNewsWire

Massimo Showcases Motor Sports Vehicles at the Outdoor Power Equipment Hoedown at Gaylord Opryland

GARLAND, Texas , June 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, exhibited its Massimo Motor vehicles ...

7 months ago - PRNewsWire

Massimo Group to Host Investor and Analyst Tours at its Manufacturing Facility in Garland, Texas Throughout June and July 2024

Management to Showcase its 376,000 sq. ft. Facility that Supports the Manufacture of its Motor and Marine Product Verticals GARLAND, Texas , June 18, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ...

7 months ago - PRNewsWire

Massimo Group Partners with Armlogi for Vehicle Assembly Locations and Delivery in Key Markets

Partnership Enhances Operational Capabilities and Efficiencies by Locating Delivery of Vehicle Components, Assembly and Shipping Closer to Order Destinations, and Complements Garland, TX Warehouse Exp...

Other symbols: BTOC
7 months ago - PRNewsWire

Massimo Group Launches Pontoon Boat Pilot Program with Tractor Supply Company in Select Texas Store Locations

Program to Test In-Store Pontoon Placement in Select Tractor Supply Locations Across the Northern Texas Region GARLAND, Texas , June 6, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a...

8 months ago - PRNewsWire

Massimo Group Announces Expansion of its Manufacturing Facility in Garland, Texas

90,000 sq. ft. Warehouse Facility Expansion to Support Rapid Growth of Motor and Marine Product Verticals GARLAND, Texas , May 21, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manu...

8 months ago - PRNewsWire

Massimo Group Reports First Quarter 2024 Financial Results

Q1 2024 Revenue Increases 60% YoY to $30.2 Million Q1 2024 Net Income Increases 480% YoY to $3.2 Million New In-Store Agreements with Leading Global Retailers for Motor Vehicles Increased Massimo Moto...

8 months ago - PRNewsWire

Massimo Group Secures New Distribution Partnership with Fleet Farm, the Midwest's Premier Outdoor Retailer

Midwestern Retail to Feature Massimo UTV and ATV Products Online and In-Store GARLAND, Texas , April 30, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor o...

9 months ago - PRNewsWire