Massimo Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	65.64	71.83	109.33	115.04	86.53	82.57
Revenue Growth	-15.39%	-34.30%	-4.96%	32.95%	4.80%	-
Cost of Revenue	37.43	44.88	76.87	79.13	64.32	65.53
Gross Profit	28.22	26.95	32.46	35.91	22.2	17.04
Selling, General & Admin	21.03	22.88	26.29	22.99	17.6	12.67
Research & Development	2.02	2.09	0.34	-	-	-
Operating Expenses	23.05	24.97	26.64	22.99	17.6	12.67
Operating Income	5.17	1.98	5.82	12.92	4.61	4.37
Interest Expense	-	-0.05	-0.1	-0.52	-0.83	-0.45
Other Non Operating Income (Expenses)	-0.06	0.09	0.24	0.04	0.18	0.09
EBT Excluding Unusual Items	5.11	2.03	5.96	12.45	3.96	4
Legal Settlements	-	-	-3.65	-	-	-
Other Unusual Items	-	-	0.1	-	-	0.71
Pretax Income	5.11	2.03	2.42	12.55	4.16	4.72
Income Tax Expense	1.14	0.52	0.65	2.13	-	-
Net Income	3.97	1.51	1.76	10.42	4.16	4.72
Net Income to Common	3.97	1.51	1.76	10.42	4.16	4.72
Net Income Growth	-	-14.34%	-83.08%	150.27%	-11.81%	-
Shares Outstanding (Basic)	42	42	41	40	40	40
Shares Outstanding (Diluted)	42	42	41	40	40	40
Shares Change	0.48%	1.16%	2.90%	-	-	-
EPS (Basic)	0.10	0.04	0.04	0.26	0.10	0.12
EPS (Diluted)	0.10	0.04	0.04	0.26	0.10	0.12
EPS Growth	-	-9.30%	-84.61%	149.90%	-11.81%	-
Free Cash Flow	3.83	-0.16	6.28	10.77	0.42	-1.54
Free Cash Flow Per Share	0.09	-0.00	0.15	0.27	0.01	-0.04
Gross Margin	42.98%	37.52%	29.69%	31.22%	25.66%	20.64%
Operating Margin	7.87%	2.76%	5.33%	11.23%	5.32%	5.30%
Profit Margin	6.04%	2.10%	1.61%	9.05%	4.81%	5.71%
Free Cash Flow Margin	5.83%	-0.23%	5.75%	9.36%	0.49%	-1.86%
EBITDA	5.39	2.17	5.99	13.12	4.79	4.55
EBITDA Margin	8.21%	3.02%	5.48%	11.40%	5.54%	5.51%
D&A For EBITDA	0.22	0.19	0.17	0.19	0.19	0.18
EBIT	5.17	1.98	5.82	12.92	4.61	4.37
EBIT Margin	7.87%	2.76%	5.33%	11.23%	5.32%	5.30%
Effective Tax Rate	22.39%	25.63%	27.09%	16.98%	-	-
Advertising Expenses	-	0.67	0.57	0.77	1.81	0.77

SEC Filings: 10-K · 10-Q