Massimo Group Common Stock(MAMO)Earnings, Financials & Key Ratios
MAMO•NASDAQ
$0.99
$41M mkt cap·23.1× P/E·Price updated May 6, 2026
AboutMassimo Group, through its subsidiaries, manufactures, imports, distributes, and sells utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. It also offers motorcycles, scooters, golf carts, and go karts and balance bikes. In addition, the company provides product lines, such as EV chargers, electric coolers, power stations, and portable solar panels. Further, it offers snow equipment; and various accessories. The company sells its products through a network of dealerships, distributors, and chain stores, as well as the e-commerce marketplace. The company was founded in 2009 and is based in Garland, Texas.Show more
- Revenue$109M-5.0%
- EBITDA$5M-60.2%
- Net Income$2M-83.1%
- EPS (Diluted)0.04-82.9%
- Gross Margin29.69%-4.9%
- EBITDA Margin4.78%-58.1%
- Operating Margin4.62%-58.9%
- Net Margin1.61%-82.2%
- ROE9.74%-90.9%
- ROIC15.08%-64.4%
- Debt/Equity0.70+3.0%
- Interest Coverage51.18+105.4%
MAMO Key Insights
Massimo Group Common Stock (MAMO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 54.2%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Efficient asset utilization: 2.0x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Weak momentum: RS Rating 7 (bottom 7%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MAMO Price & Volume
Massimo Group Common Stock (MAMO) stock price & volume — 10-year historical chart
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MAMO Growth Metrics
Massimo Group Common Stock (MAMO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years9.81%
TTM-45.79%
Profit CAGR
10 Years-
5 Years-
3 Years-27.99%
TTM-111.26%
EPS CAGR
10 Years-
5 Years-
3 Years-27%
TTM-109.28%
Return on Capital
10 Years46.58%
5 Years46.58%
3 Years51.78%
Last Year19.32%
MAMO Peer Comparison
Massimo Group Common Stock (MAMO) competitors in RV and Powersports Manufacturers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HLLY | 343.96M | 2.87 | 17.94 | 1.87% | 3.89% | 5.3% | 1.16 | |
 CENN | 3.44M | 4.11 | -0.05 | -42.23% | -403.66% | -108.24% | 0.28 | |
 PII | 3.8B | 67.04 | -8.20 | -0.33% | -6.13% | -45.24% | 1.83 | |
 HOG | 2.67B | 23.84 | 8.58 | -13.76% | 5.34% | 7.03% | 0.97 | |
 FOXF | 776.14M | 18.18 | -1.39 | 5.27% | -37.11% | -81.28% | 0.04 | |
 YETI | 3.31B | 42.46 | 20.92 | 2.11% | 8.75% | 22.82% | 0.25 | |
 TSLA | 1.5T | 398.53 | 369.01 | -2.93% | 3.96% | 4.75% | 0.10 | |
 F | 47.67B | 12.17 | -5.91 | 1.23% | -3.22% | -14.71% | 4.66 |
Compare MAMO vs Peers
Massimo Group Common Stock (MAMO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MAMO Income Statement
Massimo Group Common Stock (MAMO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 82.57M | 86.53M | 115.04M | 109.33M | 70.86M |
| Revenue Growth % | - | 4.8% | 32.95% | -4.97% | -45.79% |
| Cost of Goods Sold | 65.53M | 64.32M | 79.13M | 76.87M | 47.2M |
| COGS % of Revenue | 79.36% | 74.34% | 68.78% | 70.31% | - |
| Gross Profit | 17.04M▲ 0% | 22.2M▲ 30.3% | 35.91M▲ 61.7% | 32.46M▼ 9.6% | 23.67M▲ 0% |
| Gross Margin % | 20.64% | 25.66% | 31.22% | 29.69% | 33.4% |
| Gross Profit Growth % | - | 30.3% | 61.73% | -9.61% | - |
| Operating Expenses | 12.67M | 17.6M | 22.99M | 27.41M | 25.47M |
| OpEx % of Revenue | 15.34% | 20.34% | 19.98% | 25.07% | - |
| Selling, General & Admin | 12.67M | 17.6M | 22.99M | 26.29M | 23.61M |
| SG&A % of Revenue | 15.34% | 20.34% | 19.98% | 24.05% | - |
| Research & Development | 0 | 0 | 0 | 343.49K | 1.86M |
| R&D % of Revenue | - | - | - | 0.31% | - |
| Other Operating Expenses | 0 | 0 | 0 | 772.78K | 0 |
| Operating Income | 4.37M▲ 0% | 4.61M▲ 5.3% | 12.92M▲ 180.6% | 5.05M▼ 60.9% | -1.8M▲ 0% |
| Operating Margin % | 5.3% | 5.32% | 11.23% | 4.62% | -2.54% |
| Operating Income Growth % | - | 5.31% | 180.63% | -60.93% | - |
| EBITDA | 4.55M | 4.79M | 13.12M | 5.22M | -1.62M |
| EBITDA Margin % | 5.51% | 5.54% | 11.4% | 4.78% | -2.29% |
| EBITDA Growth % | - | 5.34% | 173.78% | -60.2% | -112.75% |
| D&A (Non-Cash Add-back) | 175.4K | 185.87K | 193.63K | 171.35K | 177.96K |
| EBIT | 5.17M | 4.99M | 13.06M | 2.52M | -929.87K |
| Net Interest Income | -454.07K | -828.02K | -518.73K | -98.67K | 104.97K |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 454.07K | 828.02K | 518.73K | 98.67K | -104.97K |
| Other Income/Expense | 345.91K | -443.39K | -377.87K | -2.63M | 807.82K |
| Pretax Income | 4.72M▲ 0% | 4.16M▼ 11.8% | 12.55M▲ 201.4% | 2.42M▼ 80.7% | -995.04K▲ 0% |
| Pretax Margin % | 5.71% | 4.81% | 10.91% | 2.21% | -1.4% |
| Income Tax | 0 | 0 | 2.13M | 654.76K | -169.55K |
| Effective Tax Rate % | 0% | 0% | 16.98% | 27.09% | 17.04% |
| Net Income | 4.72M▲ 0% | 4.16M▼ 11.8% | 10.42M▲ 150.3% | 1.76M▼ 83.1% | -825.49K▲ 0% |
| Net Margin % | 5.71% | 4.81% | 9.05% | 1.61% | -1.16% |
| Net Income Growth % | - | -11.81% | 150.27% | -83.08% | -111.26% |
| Net Income (Continuing) | 4.72M | 4.16M | 10.42M | 1.76M | -825.49K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.11▲ 0% | 0.10▼ 9.1% | 0.25▲ 150.0% | 0.04▼ 82.9% | -0.02▲ 0% |
| EPS Growth % | - | -9.09% | 150% | -82.88% | -109.28% |
| EPS (Basic) | 0.11 | 0.10 | 0.25 | 0.04 | - |
| Diluted Shares Outstanding | 41.3M | 41.3M | 41.3M | 41.54M | 41.64M |
| Basic Shares Outstanding | 41.3M | 41.3M | 41.3M | 41.54M | 41.55M |
| Dividend Payout Ratio | - | - | - | - | - |
MAMO Balance Sheet
Massimo Group Common Stock (MAMO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 33.83M | 34.59M | 38.36M | 43.62M | 34.64M |
| Cash & Short-Term Investments | 1.29M | 947.97K | 765.81K | 10.21M | 2.6M |
| Cash Only | 1.29M | 947.97K | 765.81K | 10.21M | 2.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 7.83M | 6.9M | 9.61M | 4.96M | 5.38M |
| Days Sales Outstanding | 34.61 | 29.12 | 30.48 | 16.56 | 31.01 |
| Inventory | 22.32M | 23.76M | 25.8M | 27.26M | 25.09M |
| Days Inventory Outstanding | 124.31 | 134.84 | 119.02 | 129.44 | 193.63 |
| Other Current Assets | 49.02K | 0 | 0 | 0 | 1.57M |
| Total Non-Current Assets | 2.28M | 2.27M | 3.58M | 11.27M | 9.74M |
| Property, Plant & Equipment | 2.28M | 1.85M | 1.99M | 10.09M | 8.45M |
| Fixed Asset Turnover | 36.20x | 46.79x | 57.76x | 10.84x | 7.65x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 421.79K | 1.46M | 49.5K | 198K |
| Total Assets | 36.11M▲ 0% | 36.86M▲ 2.1% | 41.94M▲ 13.8% | 54.89M▲ 30.9% | 44.38M▲ 0% |
| Asset Turnover | 2.29x | 2.35x | 2.74x | 1.99x | 1.48x |
| Asset Growth % | - | 2.08% | 13.78% | 30.87% | -2.53% |
| Total Current Liabilities | 22M | 31.13M | 18.83M | 25.74M | 16.73M |
| Accounts Payable | 12.26M | 11.11M | 10.33M | 9.57M | 4.7M |
| Days Payables Outstanding | 68.31 | 63.05 | 47.67 | 45.46 | 50.74 |
| Short-Term Debt | 5.5M | 16.62M | 311.31K | 5.56M | 2.07M |
| Deferred Revenue (Current) | 1.33M | 696.27K | 1.84M | 450K | 1.86M |
| Other Current Liabilities | 26.57K | 641.78K | 77.16K | 0 | 9.96M |
| Current Ratio | 1.54x | 1.11x | 2.04x | 1.69x | 1.69x |
| Quick Ratio | 0.52x | 0.35x | 0.67x | 0.64x | 0.64x |
| Cash Conversion Cycle | 90.62 | 100.91 | 101.82 | 100.54 | 173.89 |
| Total Non-Current Liabilities | 1.21M | 659.64K | 8.63M | 7.45M | 5.93M |
| Long-Term Debt | 0 | 0 | 7.92M | 0 | 5.93M |
| Capital Lease Obligations | 1.21M | 659.64K | 707.88K | 7.45M | 20.72M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 23.2M | 31.79M | 27.46M | 33.19M | 22.66M |
| Total Debt | 7.42M | 18.06M | 9.83M | 15.17M | 8M |
| Net Debt | 6.13M | 17.11M | 9.06M | 4.96M | 5.4M |
| Debt / Equity | 0.57x | 3.56x | 0.68x | 0.70x | 0.70x |
| Debt / EBITDA | 1.63x | 3.77x | 0.75x | 2.91x | -4.92x |
| Net Debt / EBITDA | 1.35x | 3.57x | 0.69x | 0.95x | 0.95x |
| Interest Coverage | 9.63x | 5.56x | 24.91x | 51.18x | 8.86x |
| Total Equity | 12.91M▲ 0% | 5.07M▼ 60.7% | 14.49M▲ 185.7% | 21.7M▲ 49.8% | 21.72M▲ 0% |
| Equity Growth % | - | -60.72% | 185.71% | 49.81% | 37.4% |
| Book Value per Share | 0.31 | 0.12 | 0.35 | 0.52 | 0.52 |
| Total Shareholders' Equity | 12.91M | 5.07M | 14.49M | 21.7M | 21.72M |
| Common Stock | 40K | 40K | 40K | 41.54K | 41.64K |
| Retained Earnings | 12.91M | 5.07M | 13.29M | 15.05M | 14.56M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
MAMO Cash Flow Statement
Massimo Group Common Stock (MAMO) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -1.3M | 621.29K | 10.91M | 6.67M | 6.67M |
| Operating CF Margin % | -1.57% | 0.72% | 9.48% | 6.1% | - |
| Operating CF Growth % | - | 147.92% | 1655.3% | -38.82% | -356.03% |
| Net Income | 4.72M | 4.16M | 10.42M | 1.76M | -825.49K |
| Depreciation & Amortization | 175.4K | 185.87K | 193.63K | 171.35K | 177.96K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 237.75K |
| Deferred Taxes | 0 | 0 | -134.6K | -992.01K | -171.88K |
| Other Non-Cash Items | 490.22K | 608.77K | 2.2M | 7.01M | -121.06K |
| Working Capital Changes | -6.68M | -4.33M | -1.77M | -1.28M | 5.67M |
| Change in Receivables | -3.4M | 1.12M | -3.54M | 4.9M | 4.69M |
| Change in Inventory | -204.91K | -1.45M | -2.48M | -1.49M | 5.68M |
| Change in Payables | -2.28M | -1.15M | 1.36M | -761.76K | -2.72M |
| Cash from Investing | -240.47K | -197.8K | -121.16K | -225.88K | -29.07K |
| Capital Expenditures | -240.47K | -197.8K | -134.66K | -387.88K | 358.8K |
| CapEx % of Revenue | 0.29% | 0.23% | 0.12% | 0.35% | - |
| Acquisitions | 0 | 0 | 0 | 0 | -128K |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 0 | 13.5K | 162K | 2.74M |
| Cash from Financing | 2.52M | -764.37K | -10.97M | 3M | -4.07M |
| Debt Issued (Net) | 2.56M | 1.56M | -5.34M | -345.23K | 1.46M |
| Equity Issued (Net) | 0 | 0 | 601.84K | 1000K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -45.6K | -2.32M | -6.23M | -2.62M | -993.53K |
| Net Change in Cash | 981.73K▲ 0% | -340.88K▼ 134.7% | -182.16K▲ 46.6% | 9.44M▲ 5284.7% | 871.83K▲ 0% |
| Free Cash Flow | -1.54M▲ 0% | 423.49K▲ 127.6% | 10.77M▲ 2443.4% | 6.28M▼ 41.7% | 4.94M▲ 0% |
| FCF Margin % | -1.86% | 0.49% | 9.36% | 5.75% | 6.97% |
| FCF Growth % | - | 127.55% | 2443.36% | -41.65% | 110.1% |
| FCF per Share | -0.04 | 0.01 | 0.26 | 0.15 | 0.15 |
| FCF Conversion (FCF/Net Income) | -0.27x | 0.15x | 1.05x | 3.79x | -5.99x |
| Interest Paid | 439.07K | 805.23K | 518.73K | 98.67K | -39.38K |
| Taxes Paid | 0 | 0 | 143.32K | 2.7M | -2.16M |
MAMO Key Ratios
Massimo Group Common Stock (MAMO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 46.29% | 106.5% | 9.74% | -3.8% |
| Return on Invested Capital (ROIC) | 16.76% | 42.39% | 15.08% | 15.08% |
| Gross Margin | 25.66% | 31.22% | 29.69% | 33.4% |
| Net Margin | 4.81% | 9.05% | 1.61% | -1.16% |
| Debt / Equity | 3.56x | 0.68x | 0.70x | 0.70x |
| Interest Coverage | 5.56x | 24.91x | 51.18x | 8.86x |
| FCF Conversion | 0.15x | 1.05x | 3.79x | -5.99x |
| Revenue Growth | 4.8% | 32.95% | -4.97% | -45.79% |
MAMO Frequently Asked Questions
Massimo Group Common Stock (MAMO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Massimo Group Common Stock (MAMO) reported $70.9M in revenue for fiscal year 2024. This represents a 14% decrease from $82.6M in 2021.
Massimo Group Common Stock (MAMO) saw revenue decline by 5.0% over the past year.
Massimo Group Common Stock (MAMO) reported a net loss of $0.8M for fiscal year 2024.
Dividend & Returns
Massimo Group Common Stock (MAMO) has a return on equity (ROE) of 9.7%. This is below average, suggesting room for improvement.
Massimo Group Common Stock (MAMO) generated $4.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More MAMO
Massimo Group Common Stock (MAMO) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates