Maison Solutions Inc. Class A Common Stock(MSS)Earnings, Financials & Key Ratios
MSS•NASDAQ
$1.39
$3M mkt cap·2.1× P/E·Price updated May 6, 2026
AboutMaison Solutions Inc., together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores. It also offers its products online. The company was formerly known as Maison International, Inc. and changed its name to Maison Solutions Inc. in September 2021. Maison Solutions Inc. was incorporated in 2019 and is based in Monterey Park, California.Show more
- Revenue$124M+114.0%
- EBITDA-$230K+89.8%
- Net Income$1M+135.0%
- EPS (Diluted)0.66+134.7%
- Gross Margin21.21%+5.9%
- EBITDA Margin-0.18%+95.2%
- Operating Margin-1.02%+78.1%
- Net Margin0.94%+116.4%
- ROE10.46%+118.0%
- ROIC-1.42%+65.9%
- Debt/Equity4.40-22.5%
- Interest Coverage-1.08+95.0%
MSS Key Insights
Maison Solutions Inc. Class A Common Stock (MSS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 36.8%
- ✓Strong Piotroski F-Score: 9/9
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading at only 0.2x book value
- ✓Efficient asset utilization: 1.6x turnover
✗Weaknesses
- ✗High debt to equity ratio of 4.4x
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗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.
MSS Price & Volume
Maison Solutions Inc. Class A Common Stock (MSS) stock price & volume — 10-year historical chart
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MSS Growth Metrics
Maison Solutions Inc. Class A Common Stock (MSS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years43.56%
TTM1.78%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-809.18%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-849.03%
Return on Capital
10 Years-2.04%
5 Years-2.04%
3 Years-2.91%
Last Year-2.34%
MSS Peer Comparison
Maison Solutions Inc. Class A Common Stock (MSS) competitors in Conventional full-line supermarkets — 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 |
|---|---|---|---|---|---|---|---|---|
 NGVC | 624.43M | 27.11 | 13.56 | 7.19% | 3.58% | 23.11% | 1.56 | |
 VLGEA | 639.97M | 43.37 | 11.35 | 3.76% | 2.37% | 11.37% | 0.69 | |
 CHEF | 3.27B | 80.16 | 47.71 | 9.36% | 1.87% | 13.54% | 1.95 | |
 PFGC | 14.59B | 92.88 | 42.61 | 8.61% | 0.49% | 7.13% | 1.79 | |
 SFM | 7.36B | 78.26 | 14.74 | 14.08% | 5.7% | 36.06% | 1.39 | |
 WMK | 1.77B | 71.66 | 19.63 | 3.46% | 1.89% | 6.83% | 0.13 | |
 IMKTA | 1.68B | 88.40 | 20.09 | -5.42% | 1.76% | 5.8% | 0.34 | |
 CASY | 31.85B | 858.14 | 58.62 | 7.25% | 3.83% | 23.73% | 0.84 |
Compare MSS vs Peers
Maison Solutions Inc. Class A Common Stock (MSS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MSS Income Statement
Maison Solutions Inc. Class A Common Stock (MSS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 41.2M | 41.98M | 55.4M | 58.04M | 124.22M | 113.73M |
| Revenue Growth % | - | 1.92% | 31.95% | 4.77% | 114.01% | 1.78% |
| Cost of Goods Sold | 32.88M | 33.7M | 42.95M | 46.42M | 97.87M | 90.8M |
| COGS % of Revenue | 79.83% | 80.26% | 77.52% | 79.98% | 78.79% | - |
| Gross Profit | 8.31M▲ 0% | 8.29M▼ 0.3% | 12.45M▲ 50.3% | 11.62M▼ 6.7% | 26.34M▲ 126.7% | 22.94M▲ 0% |
| Gross Margin % | 20.17% | 19.74% | 22.48% | 20.02% | 21.21% | 20.17% |
| Gross Profit Growth % | - | -0.29% | 50.26% | -6.67% | 126.68% | - |
| Operating Expenses | 7.76M | 9.11M | 12.37M | 14.33M | 27.61M | 31.61M |
| OpEx % of Revenue | 18.83% | 21.71% | 22.32% | 24.68% | 22.23% | - |
| Selling, General & Admin | 7.76M | 9.11M | 12.37M | 14.33M | 27.61M | 31.61M |
| SG&A % of Revenue | 18.83% | 21.71% | 22.32% | 24.68% | 22.23% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 553.4K▲ 0% | -826.59K▼ 249.4% | 83.65K▲ 110.1% | -2.7M▼ 3332.6% | -1.27M▲ 53.2% | -8.68M▲ 0% |
| Operating Margin % | 1.34% | -1.97% | 0.15% | -4.66% | -1.02% | -7.63% |
| Operating Income Growth % | - | -249.37% | 110.12% | -3332.64% | 53.22% | - |
| EBITDA | 1.13M | -389.18K | 454.18K | -2.24M | -229.52K | -7.76M |
| EBITDA Margin % | 2.75% | -0.93% | 0.82% | -3.86% | -0.18% | -6.82% |
| EBITDA Growth % | - | -134.37% | 216.7% | -593.67% | 89.76% | -497.09% |
| D&A (Non-Cash Add-back) | 578.87K | 437.41K | 370.53K | 461.87K | 1.04M | 916.31K |
| EBIT | 553.4K | -826.59K | 83.65K | -2.7M | -1.27M | -11.78M |
| Net Interest Income | -59.21K | 43.48K | 42.61K | -124.26K | -1.17M | -2.46M |
| Interest Income | 0 | 43.48K | 42.61K | 0 | 0 | 0 |
| Interest Expense | 59.21K | 0 | 0 | 124.26K | 1.17M | 2.46M |
| Other Income/Expense | 909.44K | 199.3K | 1.89M | -242.46K | 2.36M | -3.71M |
| Pretax Income | 1.46M▲ 0% | -627.29K▼ 142.9% | 1.98M▲ 415.0% | -2.95M▼ 249.1% | 1.09M▲ 137.2% | -12.38M▲ 0% |
| Pretax Margin % | 3.55% | -1.49% | 3.57% | -5.08% | 0.88% | -10.89% |
| Income Tax | 436.06K | 27.74K | 336.49K | 440.56K | 173.99K | -751.49K |
| Effective Tax Rate % | 29.81% | -4.42% | 17.03% | -14.95% | 15.89% | 6.07% |
| Net Income | 904.08K▲ 0% | -562.74K▼ 162.2% | 1.25M▲ 322.4% | -3.34M▼ 366.8% | 1.17M▲ 135.0% | -12.01M▲ 0% |
| Net Margin % | 2.19% | -1.34% | 2.26% | -5.75% | 0.94% | -10.56% |
| Net Income Growth % | - | -162.25% | 322.45% | -366.83% | 135.01% | -809.18% |
| Net Income (Continuing) | 1.03M | -655.03K | 1.64M | -3.39M | 920.91K | -11.63M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | -584.64K |
| Minority Interest | -27.27K | -119.55K | 267.95K | 221.12K | -27.24K | -143.87K |
| EPS (Diluted) | 0.49▲ 0% | -0.30▼ 162.2% | 0.68▲ 322.7% | -1.90▼ 380.6% | 0.66▲ 134.7% | -3.29▲ 0% |
| EPS Growth % | - | -162.17% | 322.7% | -380.65% | 134.68% | -849.03% |
| EPS (Basic) | 0.49 | -0.30 | 0.68 | -1.90 | 0.67 | - |
| Diluted Shares Outstanding | 1.85M | 1.85M | 1.85M | 1.79M | 1.77M | 3.65M |
| Basic Shares Outstanding | 1.85M | 1.85M | 1.85M | 1.79M | 1.75M | 2.53M |
| Dividend Payout Ratio | - | - | - | - | - | - |
MSS Balance Sheet
Maison Solutions Inc. Class A Common Stock (MSS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 4.89M | 9.06M | 8.29M | 11.91M | 12.93M | 12.57M |
| Cash & Short-Term Investments | 714.28K | 898.06K | 2.57M | 1.1K | 775.36K | 1.52M |
| Cash Only | 714.28K | 898.06K | 2.57M | 0 | 775.36K | 1.52M |
| Short-Term Investments | 0 | 0 | 0 | 1.1K | 0 | 0 |
| Accounts Receivable | 2.23M | 4.84M | 1.19M | 605.52K | 3.96M | 768.87K |
| Days Sales Outstanding | 19.74 | 42.08 | 7.84 | 3.81 | 11.62 | 8.72 |
| Inventory | 1.94M | 2.32M | 2.98M | 6.8M | 5.75M | 5.63M |
| Days Inventory Outstanding | 21.58 | 25.13 | 25.32 | 53.48 | 21.46 | 23.51 |
| Other Current Assets | 0 | 272.05K | 0 | 1.24M | 0 | 4.66M |
| Total Non-Current Assets | 18.37M | 17.04M | 26.3M | 70.5M | 64.44M | 59.52M |
| Property, Plant & Equipment | 17.98M | 16.45M | 23.22M | 43.06M | 40.09M | 35.56M |
| Fixed Asset Turnover | 2.29x | 2.55x | 2.39x | 1.35x | 3.10x | 3.06x |
| Goodwill | 0 | 0 | 2.22M | 16.96M | 14.88M | 14.88M |
| Intangible Assets | 10.03K | 15.27K | 197.33K | 7.98M | 7.42M | 7M |
| Long-Term Investments | 74.37K | 203.44K | 203.44K | 1.54M | 1.09M | 1.72M |
| Other Non-Current Assets | 377.12K | 74.37K | 1.1K | 962.45K | 956.01K | 6.62M |
| Total Assets | 23.26M▲ 0% | 26.1M▲ 12.2% | 34.58M▲ 32.5% | 82.41M▲ 138.3% | 77.36M▼ 6.1% | 72.09M▲ 0% |
| Asset Turnover | 1.77x | 1.61x | 1.60x | 0.70x | 1.61x | 1.53x |
| Asset Growth % | - | 12.2% | 32.51% | 138.3% | -6.13% | -38.48% |
| Total Current Liabilities | 4.74M | 7.54M | 8.37M | 28.77M | 22.75M | 18.79M |
| Accounts Payable | 1.94M | 3.37M | 3.11M | 5.39M | 7.99M | 7.82M |
| Days Payables Outstanding | 21.57 | 36.55 | 26.39 | 42.41 | 29.78 | 32.46 |
| Short-Term Debt | 304.62K | 498.25K | 520.83K | 15.29M | 6.4M | 6.32M |
| Deferred Revenue (Current) | 176.85K | 370.93K | 449.33K | 965.7K | 701.93K | 2.01M |
| Other Current Liabilities | 0 | 0 | 0 | 773.03K | 0 | 3.71M |
| Current Ratio | 1.03x | 1.20x | 0.99x | 0.41x | 0.57x | 0.57x |
| Quick Ratio | 0.62x | 0.89x | 0.63x | 0.18x | 0.32x | 0.32x |
| Cash Conversion Cycle | 19.76 | 30.66 | 6.76 | 14.88 | 3.3 | -0.23 |
| Total Non-Current Liabilities | 18.72M | 19.4M | 25.42M | 42.92M | 42.98M | 45.74M |
| Long-Term Debt | 1.07M | 2.8M | 2.56M | 2.5M | 3.89M | 7.29M |
| Capital Lease Obligations | 17.58M | 16.55M | 22.71M | 39.02M | 36.76M | 139.74M |
| Deferred Tax Liabilities | 0 | 0 | 40.41K | 1.27M | 1.18M | 4.52M |
| Other Non-Current Liabilities | 60.55K | 55.15K | 105.64K | 140.26K | 1.14M | 7.96M |
| Total Liabilities | 23.45M | 26.95M | 33.79M | 71.69M | 65.72M | 64.53M |
| Total Debt | 19.97M | 20.91M | 27.56M | 60.89M | 51.24M | 47.5M |
| Net Debt | 19.25M | 20.02M | 24.99M | 60.89M | 50.46M | 45.98M |
| Debt / Equity | - | - | 34.78x | 5.68x | 4.40x | 4.40x |
| Debt / EBITDA | 17.63x | - | 60.67x | - | - | -6.12x |
| Net Debt / EBITDA | 17.00x | - | 55.01x | - | - | -5.92x |
| Interest Coverage | 9.35x | - | - | -21.76x | -1.08x | -4.78x |
| Total Equity | -192.02K▲ 0% | -847.04K▼ 341.1% | 792.26K▲ 193.5% | 10.72M▲ 1253.0% | 11.64M▲ 8.6% | 7.56M▲ 0% |
| Equity Growth % | - | -341.13% | 193.53% | 1252.99% | 8.59% | -36.34% |
| Book Value per Share | -0.10 | -0.46 | 0.43 | 5.98 | 6.56 | 2.07 |
| Total Shareholders' Equity | -164.75K | -727.49K | 524.31K | 10.5M | 11.67M | 7.7M |
| Common Stock | 1.6K | 1.6K | 1.6K | 1.97K | 1.97K | 2.62K |
| Retained Earnings | -166.35K | -729.09K | 522.71K | -2.82M | -1.65M | -13.37M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -27.27K | -119.55K | 267.95K | 221.12K | -27.24K | -143.87K |
MSS Cash Flow Statement
Maison Solutions Inc. Class A Common Stock (MSS) cash flow — operating, investing & free cash flow history
| Line item | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | 1.11M | 1.49M | 484.19K | -3.5M | 4.76M | 4.76M |
| Operating CF Margin % | 2.69% | 3.54% | 0.87% | -6.04% | 3.83% | - |
| Operating CF Growth % | - | 34.11% | -67.45% | -823.5% | 235.77% | -293.33% |
| Net Income | 1.03M | -655.03K | 1.64M | -3.39M | 920.91K | -12.01M |
| Depreciation & Amortization | 578.87K | 437.41K | 371.7K | 461.87K | 1.04M | 916.89K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 1.92M |
| Deferred Taxes | 0 | 0 | -3.13K | -11.7K | -88.35K | -54.23K |
| Other Non-Cash Items | 31.55K | 15.26K | 95.71K | 472.58K | 75.56K | 9.29M |
| Working Capital Changes | -528.08K | 1.69M | -1.62M | -1.04M | 2.81M | -573.77K |
| Change in Receivables | -411.68K | 264.04K | -14.43K | -67.98K | -2.04M | -2.43M |
| Change in Inventory | -420.01K | -391.26K | 343.51K | 914.36K | 770.43K | 4.86M |
| Change in Payables | -957.12K | 1.43M | -751.33K | 47.09K | 2.66M | -3.29M |
| Cash from Investing | -1.23M | -3.28M | 1.86M | -12.21M | -237.35K | -2.94M |
| Capital Expenditures | -37.15K | -63.79K | -49.39K | -382.13K | -175.35K | -20.93K |
| CapEx % of Revenue | 0.09% | 0.15% | 0.09% | 0.66% | 0.14% | - |
| Acquisitions | 0 | 0 | -2.5M | -7M | -62K | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | -1.19M | -3.22M | 4.41M | -4.83M | 0 | -2.92M |
| Cash from Financing | -650.99K | 1.98M | -746.64K | 13.14M | -5.82M | 2.66M |
| Debt Issued (Net) | -525.29K | 1.98M | -746.64K | -173.38K | -5.82M | 2.66M |
| Equity Issued (Net) | 0 | 0 | 0 | 13.31M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -125.7K | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -768.07K▲ 0% | 183.78K▲ 123.9% | 1.6M▲ 769.8% | -2.57M▼ 260.8% | -1.3M▲ 49.4% | 1.07M▲ 0% |
| Free Cash Flow | 1.07M▲ 0% | 1.42M▲ 32.8% | 434.8K▼ 69.5% | -6.84M▼ 1672.0% | 4.58M▲ 167.0% | -738.15K▲ 0% |
| FCF Margin % | 2.6% | 3.39% | 0.78% | -11.78% | 3.69% | -0.65% |
| FCF Growth % | - | 32.81% | -69.46% | -1672.04% | 167.02% | -120.04% |
| FCF per Share | 0.58 | 0.77 | 0.24 | -3.82 | 2.58 | 2.58 |
| FCF Conversion (FCF/Net Income) | 1.23x | -2.64x | 0.39x | 1.05x | 4.07x | 0.06x |
| Interest Paid | 62.49K | 73.76K | 70.8K | 104.45K | 1.03M | -345.56K |
| Taxes Paid | 9.75K | 4K | 8.48K | 973.66K | 116.37K | -79.58K |
MSS Key Ratios
Maison Solutions Inc. Class A Common Stock (MSS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | 158% | -58.03% | 10.46% | -118.18% |
| Return on Invested Capital (ROIC) | -3.24% | 0.28% | -4.16% | -1.42% | -1.42% |
| Gross Margin | 19.74% | 22.48% | 20.02% | 21.21% | 20.17% |
| Net Margin | -1.34% | 2.26% | -5.75% | 0.94% | -10.56% |
| Debt / Equity | - | 34.78x | 5.68x | 4.40x | 4.40x |
| Interest Coverage | - | - | -21.76x | -1.08x | -4.78x |
| FCF Conversion | -2.64x | 0.39x | 1.05x | 4.07x | 0.06x |
| Revenue Growth | 1.92% | 31.95% | 4.77% | 114.01% | 1.78% |
MSS Frequently Asked Questions
Maison Solutions Inc. Class A Common Stock (MSS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Maison Solutions Inc. Class A Common Stock (MSS) reported $113.7M in revenue for fiscal year 2025. This represents a 176% increase from $41.2M in 2021.
Maison Solutions Inc. Class A Common Stock (MSS) grew revenue by 114.0% over the past year. This is strong growth.
Maison Solutions Inc. Class A Common Stock (MSS) reported a net loss of $12.0M for fiscal year 2025.
Dividend & Returns
Maison Solutions Inc. Class A Common Stock (MSS) has a return on equity (ROE) of 10.5%. This is reasonable for most industries.
Maison Solutions Inc. Class A Common Stock (MSS) had negative free cash flow of $0.7M in fiscal year 2025, likely due to heavy capital investments.
Explore More MSS
Maison Solutions Inc. Class A Common Stock (MSS) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
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Valuation
DCF intrinsic value, peer multiples & estimates