Massimo Group (MAMO)

Massimo Group Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	10.21	0.77	0.95	1.29
Cash & Short-Term Investments	10.21	0.77	0.95	1.29
Cash Growth	1233.23%	-19.21%	-26.45%	-
Accounts Receivable	6.59	9.57	6.83	7.83
Other Receivables	0.12	0.04	0.07	-
Receivables	6.71	9.61	6.9	7.83
Inventory	27.26	25.8	23.76	22.32
Prepaid Expenses	1.1	0.6	-	-
Other Current Assets	0.11	1.59	2.98	2.4
Total Current Assets	45.39	38.36	34.59	33.83
Property, Plant & Equipment	10.09	1.99	1.85	2.28
Long-Term Deferred Tax Assets	1.17	0.13	-	-
Long-Term Deferred Charges	-	1.46	0.42	-
Other Long-Term Assets	0.05	-	-	-
Total Assets	56.69	41.94	36.86	36.11
Accounts Payable	9.57	10.33	11.11	12.26
Accrued Expenses	0.03	0.01	0.32	0.25
Short-Term Debt	5.55	0.3	16.73	5.48
Current Portion of Leases	2.16	0.89	0.78	0.71
Current Income Taxes Payable	1.48	2.12	-	-
Current Unearned Revenue	0.59	1.84	0.7	1.33
Other Current Liabilities	6.77	3.33	1.5	1.95
Total Current Liabilities	26.15	18.83	31.13	22
Long-Term Debt	-	7.92	-	-
Long-Term Leases	7.45	0.71	0.66	1.21
Total Liabilities	33.6	27.46	31.79	23.2
Common Stock	0.04	0.04	0.04	0.04
Additional Paid-In Capital	6.61	1.99	1.99	1.99
Retained Earnings	16.44	13.29	5.07	12.91
Comprehensive Income & Other	-	-0.83	-2.03	-2.03
Shareholders' Equity	23.1	14.49	5.07	12.91
Total Liabilities & Equity	56.69	41.94	36.86	36.11
Total Debt	15.16	9.82	18.16	7.4
Net Cash (Debt)	-4.95	-9.05	-17.22	-6.12
Net Cash Per Share	-0.12	-0.23	-0.43	-0.15
Filing Date Shares Outstanding	41.55	41.3	40	40
Total Common Shares Outstanding	41.54	40	40	40
Working Capital	19.24	19.53	3.46	11.83
Book Value Per Share	0.56	0.36	0.13	0.32
Tangible Book Value	23.1	14.49	5.07	12.91
Tangible Book Value Per Share	0.56	0.36	0.13	0.32
Machinery	1	0.92	0.87	0.71
Leasehold Improvements	0.09	0.09	0.05	0.02

Updated Mar 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q