Massimo Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	71.83	109.33	115.04	86.53
Revenue Growth (YoY)	-34.30%	-4.96%	32.95%	-
Cost of Revenue	44.88	76.87	79.13	64.32
Gross Profit	26.95	32.46	35.91	22.2
Selling, General & Admin	22.88	26.29	22.99	17.6
Research & Development	2.09	0.34	-	-
Other Operating Expenses	-	0.77	-	-
Total Operating Expenses	24.97	27.41	22.99	17.6
Operating Income	1.98	5.05	12.92	4.61
Interest Expense	-0.05	-0.1	-0.52	-0.83
Other Non-Operating Income (Expense)	0.09	-2.53	0.14	0.38
Total Non-Operating Income (Expense)	0.05	-2.63	-0.38	-0.44
Pretax Income	2.03	2.42	12.55	4.16
Provision for Income Taxes	0.52	0.65	2.13	-
Net Income	1.51	1.76	10.42	4.16
Net Income to Common	1.51	1.76	10.42	4.16
Net Income Growth	-14.34%	-83.08%	150.27%	-
Shares Outstanding (Basic)	42	41	40	40
Shares Outstanding (Diluted)	42	41	40	40
Shares Change (YoY)	1.16%	2.90%	-	-
EPS (Basic)	0.04	0.04	0.26	0.08
EPS (Diluted)	0.04	0.04	0.26	0.08
EPS Growth	-	-84.61%	225.00%	-
Shares Outstanding	41.64	41.54	-	-
Free Cash Flow	-0.16	6.28	10.77	0.42
Free Cash Flow Growth	-	-41.65%	2443.36%	-
Free Cash Flow Per Share	-0.00	0.15	0.27	0.01
Gross Margin	37.52%	29.69%	31.22%	25.66%
Operating Margin	2.76%	4.62%	11.23%	5.32%
Profit Margin	2.10%	1.61%	9.05%	4.81%
FCF Margin	-0.23%	5.75%	9.36%	0.49%
EBITDA	4.26	6.8	14.09	5.49
EBITDA Margin	5.94%	6.22%	12.25%	6.34%
EBIT	1.98	5.05	12.92	4.61
EBIT Margin	2.76%	4.62%	11.23%	5.32%
Effective Tax Rate	25.63%	27.09%	16.98%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q