Massimo Group (MAMO)

Massimo Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.72	0.77	0.95	1.29
Cash & Short-Term Investments	1.72	0.77	0.95	1.29
Cash Growth	48.85%	-19.22%	-26.45%	-
Accounts Receivable	11.56	9.57	6.83	7.83
Other Receivables	-	0.04	0.07	-
Receivables	11.56	9.61	6.9	7.83
Inventory	30.91	25.8	23.76	22.32
Prepaid Expenses	-	0.6	-	-
Other Current Assets	0.89	1.59	2.98	2.4
Total Current Assets	45.09	38.36	34.59	33.83
Property, Plant & Equipment	10.81	1.99	1.85	2.28
Long-Term Deferred Tax Assets	1.11	0.13	-	-
Long-Term Deferred Charges	-	1.46	0.42	-
Total Assets	57.05	41.94	36.86	36.11
Accounts Payable	9.76	12.68	11.11	12.26
Accrued Expenses	0.03	0.01	0.32	0.25
Short-Term Debt	6.42	0.3	16.73	5.48
Current Portion of Leases	2.12	0.89	0.78	0.71
Current Income Taxes Payable	2.03	2.12	-	-
Current Unearned Revenue	1.17	1.84	0.7	1.33
Other Current Liabilities	4.75	0.99	1.5	1.95
Total Current Liabilities	26.28	18.83	31.13	22
Long-Term Debt	-	7.92	-	-
Long-Term Leases	8.23	0.71	0.66	1.21
Total Liabilities	34.51	27.46	31.79	23.2
Common Stock	0.04	0.04	0.04	0.04
Additional Paid-In Capital	5.72	1.99	1.99	1.99
Retained Earnings	16.78	13.29	5.07	12.91
Comprehensive Income & Other	-	-0.83	-2.03	-2.03
Shareholders' Equity	22.54	14.49	5.07	12.91
Total Liabilities & Equity	57.05	41.94	36.86	36.11
Total Debt	16.77	9.82	18.16	7.4
Net Cash (Debt)	-15.04	-9.05	-17.22	-6.12
Net Cash Per Share	-0.37	-0.23	-0.43	-0.15
Filing Date Shares Outstanding	41.38	41.3	40	40
Total Common Shares Outstanding	41.33	40	40	40
Working Capital	18.81	19.53	3.46	11.83
Book Value Per Share	0.55	0.36	0.13	0.32
Tangible Book Value	22.54	14.49	5.07	12.91
Tangible Book Value Per Share	0.55	0.36	0.13	0.32
Machinery	0.95	0.92	0.87	0.71
Leasehold Improvements	0.17	0.09	0.05	0.02

Source: S&P Capital IQ. Standard template. Financial Sources.