Massimo Group Common Stock (MAMO) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 12.71M | 21.02M | 16.99M | 18.92M | 14.9M | 20.05M | 25.6M | 35.4M | 30.15M | 39.55M | 29.91M | 18.84M | 24.95M |
| Revenue Growth % | -14.67% | 4.82% | -33.64% | -46.57% | -50.58% | -49.3% | -14.4% | - | 60.04% | 58.5% | - | - | - |
| Cost of Goods Sold | 7.64M | 12.3M | 9.86M | 12.05M | 10.68M | 14.61M | 18.65M | 23.9M | 19.7M | 27.42M | 19.85M | 13.22M | 18.13M |
| COGS % of Revenue | 60.08% | 58.5% | 58.01% | 63.7% | 71.65% | 72.87% | 72.84% | 67.52% | 65.34% | 69.32% | 66.37% | 70.19% | 72.65% |
| Gross Profit | 5.08M | 8.72M | 7.13M | 6.87M | 4.22M | 5.44M | 6.95M | 11.5M | 10.45M | 12.13M | 10.06M | 5.62M | 6.83M |
| Gross Margin % | 39.92% | 41.5% | 41.99% | 36.3% | 28.35% | 27.13% | 27.16% | 32.48% | 34.66% | 30.68% | 33.63% | 29.81% | 27.35% |
| Gross Profit Growth % | 20.14% | 60.35% | 2.62% | -40.29% | -59.58% | -55.16% | -30.87% | - | 86.07% | 77.76% | - | - | - |
| Operating Expenses | 6.11M | 5.97M | 5.35M | 6.72M | 6.93M | 6.47M | 6.65M | 7.93M | 6.48M | 7.41M | 4.82M | 4.93M | 6.35M |
| OpEx % of Revenue | 48.08% | 28.39% | 31.46% | 35.55% | 46.51% | 32.25% | 25.97% | 22.41% | 21.49% | 18.73% | 16.12% | 26.19% | 25.46% |
| Selling, General & Admin | 5.49M | 5.65M | 4.56M | 6.58M | 6.09M | 6.38M | 6.52M | 7.19M | 6.32M | 7.41M | 4.82M | 4.93M | 6.35M |
| SG&A % of Revenue | 43.14% | 26.89% | 26.83% | 34.78% | 40.86% | 31.82% | 25.48% | 20.32% | 20.95% | 18.73% | 16.12% | 26.19% | 25.46% |
| Research & Development | 628.76K | 316.58K | 786.65K | 144.76K | 841.2K | 86.47K | 94.77K | 0 | 162.25K | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 4.95% | 1.51% | 4.63% | 0.77% | 5.64% | 0.43% | 0.37% | - | 0.54% | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 29.88K | 742.9K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.04M | 2.76M | 1.79M | 142.08K | -2.71M | -1.03M | 303.51K | 3.56M | 3.97M | 4.73M | 5.24M | 682.45K | 472.96K |
| Operating Margin % | -8.17% | 13.11% | 10.53% | 0.75% | -18.16% | -5.12% | 1.19% | 10.07% | 13.17% | 11.95% | 17.51% | 3.62% | 1.9% |
| Operating Income Growth % | 61.63% | 368.15% | 489.33% | -96.01% | -168.13% | -121.74% | -94.2% | - | 481.99% | 899.13% | - | - | - |
| EBITDA | -988.88K | 2.81M | 1.84M | 185.96K | -2.66M | -985.44K | 345.02K | 3.61M | 4.02M | 4.78M | 5.29M | 727.09K | 532.18K |
| EBITDA Margin % | -7.78% | 13.35% | 10.81% | 0.98% | -17.87% | -4.91% | 1.35% | 10.18% | 13.33% | 12.08% | 17.67% | 3.86% | 2.13% |
| EBITDA Growth % | 62.86% | 384.66% | 432.44% | -94.84% | -166.25% | -120.63% | -93.47% | - | 452.7% | 797.74% | - | - | - |
| D&A (Non-Cash Add-back) | 49.44K | 49.88K | 48.33K | 43.88K | 43.65K | 42.1K | 41.51K | 40.85K | 46.89K | 52.13K | 49.85K | 44.64K | 59.22K |
| EBIT | -1.04M | 2.6M | 1.94M | 168.68K | -2.63M | -408.53K | -3.06M | 3.7M | 4.22M | 4.75M | 5.28M | 727.34K | 504.48K |
| Net Interest Income | -5.74K | 19.81K | -373 | -63.7K | -1.09K | 170.14K | -64.46K | -66.65K | -137.69K | -24.72K | -213.9K | -155.1K | -449.78K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.74K | -19.81K | 373 | 63.7K | 1.09K | -170.14K | 64.46K | 66.65K | 137.69K | 24.72K | 213.9K | 155.1K | 449.78K |
| Other Income/Expense | -138.09K | -139.36K | 148.32K | -37.1K | 77.61K | 618.99K | -3.43M | 65.62K | 109.88K | 3.15K | -172.77K | -110.2K | -418.26K |
| Pretax Income | -1.18M | 2.62M | 1.94M | 104.97K | -2.63M | -408.54K | -3.12M | 3.63M | 4.08M | 4.73M | 5.06M | 572.24K | 54.7K |
| Pretax Margin % | -9.25% | 12.45% | 11.4% | 0.56% | -17.64% | -2.04% | -12.2% | 10.25% | 13.54% | 11.96% | 16.93% | 3.04% | 0.22% |
| Income Tax | -168.86K | 621.99K | 410.62K | 27.3K | -539.79K | -67.67K | -621.66K | 813.85K | 900.34K | 893.25K | 1.11M | 24.08K | 0 |
| Effective Tax Rate % | 14.35% | 23.78% | 21.2% | 26% | 20.54% | 16.56% | 19.9% | 22.42% | 22.06% | 18.89% | 21.84% | 4.21% | 0% |
| Net Income | -1.01M | 1.99M | 1.53M | 77.68K | -2.09M | -340.87K | -2.5M | 2.82M | 3.18M | 3.84M | 3.96M | 548.16K | 54.7K |
| Net Margin % | -7.92% | 9.49% | 8.98% | 0.41% | -14.02% | -1.7% | -9.77% | 7.95% | 10.55% | 9.7% | 13.23% | 2.91% | 0.22% |
| Net Income Growth % | 51.76% | 684.96% | 161% | -97.24% | -165.66% | -108.89% | -163.23% | - | 480.35% | 6911.68% | - | - | - |
| Net Income (Continuing) | -1.01M | 1.99M | 1.53M | 77.68K | -2.09M | -340.87K | -2.5M | 2.82M | 3.18M | 3.84M | 3.96M | 548.16K | 54.7K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02 | 0.05 | 0.04 | 0.00 | -0.05 | -0.01 | -0.06 | 0.07 | 0.08 | 0.09 | 0.09 | 0.01 | 0.00 |
| EPS Growth % | 51.89% | - | 160.66% | -97.21% | -163.27% | -108.93% | -164.23% | - | 480.29% | - | - | - | - |
| EPS (Basic) | -0.02 | 0.05 | 0.04 | 0.00 | -0.05 | -0.01 | -0.06 | 0.07 | 0.08 | 0.09 | 0.09 | 0.01 | 0.00 |
| Diluted Shares Outstanding | 41.6M | 41.64M | 41.64M | 41.64M | 41.54M | 41.54M | 41.33M | 41.39M | 40M | 41.3M | 41.3M | 40M | 41.3M |
| Basic Shares Outstanding | 41.6M | 41.6M | 41.55M | 41.57M | 41.54M | 41.54M | 41.33M | 41.26M | 40M | 41.3M | 41.3M | 40M | 41.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - |