Massimo Group (MAMO)

Massimo Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-0.83	3.15	10.42	4.16	4.72
Depreciation & Amortization	2.22	1.75	1.17	0.88	0.74
Loss (Gain) From Sale of Assets	-	-0.04	-0.02	-	-
Stock-Based Compensation	1.25	1.2	-	-	-
Provision & Write-off of Bad Debts	-0.28	-0.05	0.8	-0.09	-0.08
Other Operating Activities	0.46	3.42	0.31	0	0
Change in Accounts Receivable	4.69	3.03	-3.54	1.09	-3.36
Change in Inventory	5.66	-0.77	-1.09	-2.08	-0.38
Change in Accounts Payable	-2.72	-0.76	1.36	-1.15	-2.28
Change in Unearned Revenue	-0.8	-1.39	1.14	-0.64	0.3
Change in Income Taxes	-0.54	-0.64	2.12	-	-
Change in Other Net Operating Assets	-3.38	-2.23	-1.76	-1.56	-0.96
Operating Cash Flow	4.97	6.67	10.91	0.62	-1.3
Operating Cash Flow Growth	82.09%	-38.82%	1655.30%	-	-
Capital Expenditures	-0.03	-0.39	-0.13	-0.2	-0.24
Sale of Property, Plant & Equipment	-	0.16	0.01	-	-
Investing Cash Flow	-0.03	-0.23	-0.12	-0.2	-0.24
Short-Term Debt Issued	-	-	3.45	5.1	5
Total Debt Issued	-	-	3.45	5.1	5
Short-Term Debt Repaid	-	-2.68	-14.16	-6	-2.43
Long-Term Debt Repaid	-	-0.04	-0.04	-0.04	-0.06
Total Debt Repaid	-4.33	-2.72	-14.2	-6.04	-2.48
Net Debt Issued (Repaid)	-4.33	-2.72	-10.74	-0.94	2.52
Issuance of Common Stock	0.5	5.96	0.6	0.6	-
Other Financing Activities	-0.25	-0.25	-0.83	-0.42	-
Financing Cash Flow	-4.07	3	-10.97	-0.76	2.52
Net Cash Flow	0.87	9.44	-0.18	-0.34	0.98
Free Cash Flow	4.94	6.28	10.77	0.42	-1.54
Free Cash Flow Growth	120.62%	-41.65%	2443.36%	-	-
Free Cash Flow Margin	6.97%	5.65%	9.36%	0.49%	-1.86%
Free Cash Flow Per Share	0.12	0.15	0.27	0.01	-0.04
Cash Interest Paid	-	0.1	0.52	0.81	0.44
Cash Income Tax Paid	0.54	2.7	0.14	-	-
Levered Free Cash Flow	8.11	10.15	8.84	-0.23	-
Unlevered Free Cash Flow	8.11	10.21	9.17	0.29	-
Change in Working Capital	2.92	-2.76	-1.77	-4.33	-6.68

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q