Massimo Group (MAMO)

NASDAQ: MAMO · Real-Time Price · USD
2.730
+0.220 (8.76%)
At close: Nov 20, 2024, 4:00 PM
2.890
+0.160 (5.86%)
After-hours: Nov 20, 2024, 6:04 PM EST
8.76%
Market Cap 112.81M
Revenue (ttm) 130.71M
Net Income (ttm) 7.33M
Shares Out 41.32M
EPS (ttm) 0.18
PE Ratio 15.14
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 132,369
Open 2.500
Previous Close 2.510
Day's Range 2.500 - 2.843
52-Week Range 2.500 - 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 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 days 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 (...

5 days 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) ("...

27 days 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...

5 weeks 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...

2 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...

2 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. ...

3 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...

4 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")...

4 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...

5 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 ...

5 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) ...

5 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
5 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...

5 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...

6 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...

6 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...

7 months ago - PRNewsWire

Massimo Group Expands Partnership with Global Omnichannel Retailer for Youth Series Vehicles

Mini Tractor and Mini 125 Go Kart to be Eligible for Sale in a Major U.S. Retailer in its 1,300 Stores Across 13 States GARLAND, Texas , April 24, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("M...

7 months ago - PRNewsWire

Massimo Reported 2023 Financial Results

IRVINE, Calif. , April 17, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO), a company coached by ATIF Holdings Limited (NASDAQ: ATIF, hereinafter referred to as "ATIF"), announces its fiscal year 20...

Other symbols: ATIF
7 months ago - PRNewsWire

Massimo Group Reports Fiscal Year 2023 Financial Results

FY 2023 Revenues up 32.9% to $115.0 Million on Strong Sales of Powersports Vehicles and Pontoon Boats FY 2023 Gross Margin Grew 550 basis points to 31.2% FY 2023 Net Income up 150% to $10.4 Million Cl...

7 months ago - PRNewsWire

U.S. IPO Weekly Recap: April IPO Market Gets A Boost From Large Launches And New Filings

Three IPOs priced in the first week of April, led by a sizable biotech. Two sizable listings are currently scheduled for the week ahead, although smaller issuers may join the calendar throughout the w...

8 months ago - Seeking Alpha

Massimo Group Announces Closing of Initial Public Offering and Nasdaq Listing

GARLAND, Texas , April 4, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the closing of its in...

8 months ago - PRNewsWire

Massimo Group: A Profitable Micro IPO That's A Lottery Ticket With Odds In Your Favor

Massimo Group is a profitable micro-IPO listing on NASDAQ with accelerated revenue growth and profitability. The company manufactures power sports vehicles and boats, and its CEO owns 34 million of th...

8 months ago - Seeking Alpha

MASSIMO, consulted by ATIF, successfully listed on Nasdaq

IRVINE, Calif. , April 2, 2024 /PRNewswire/ -- MASSIMO GROUP (NASDAQ: MAMO), hereinafter referred to as "MASSIMO", consulted by ATIF Holdings Limited (NASDAQ: ATIF, hereinafter referred to as "ATIF") ...

Other symbols: ATIF
8 months ago - PRNewsWire

Massimo Group Announces Pricing of $5.85 Million Initial Public Offering

GARLAND, Texas , April 2, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the pricing of its in...

8 months ago - PRNewsWire