MAMO
Income statement / Annual
Last year (2023), Massimo Group Common Stock's total revenue was $115.04 M,
an increase of 32.95% from the previous year.
In 2023, Massimo Group Common Stock's net income was $10.42 M.
See Massimo Group Common Stock’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$115.04 M
|
$86.53 M
|
$82.57 M
|
| Cost of Revenue |
$79.13 M |
$64.47 M |
$65.65 M |
| Gross Profit |
$35.91 M |
$22.06 M |
$16.92 M |
| Gross Profit Ratio |
0.31 |
0.25 |
0.2 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$13.23 M
|
$8.93 M
|
$6.57 M
|
| Selling & Marketing
Expenses |
$9.76 M
|
$8.67 M
|
$6.10 M
|
| Selling, General &
Administrative Expenses |
$22.99 M
|
$17.45 M
|
$12.55 M
|
| Other Expenses |
$0.00 |
$184,622.00 |
$85,364.00 |
| Operating Expenses |
$22.99 M |
$17.45 M |
$12.55 M |
| Cost And Expenses |
$102.11 M |
$81.92 M |
$78.20 M |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$518,731.00 |
$828,016.00 |
$454,066.00 |
| Depreciation &
Amortization |
$193,625.00
|
$146,658.00
|
$123,129.00
|
| EBITDA |
$13.22 M
|
$5.14 M
|
$5.30 M
|
| EBITDA Ratio |
0.11 |
0.05 |
0.05 |
| Operating Income Ratio
|
0.11
|
0.05
|
0.05
|
| Total Other
Income/Expenses Net |
-$377,865.00
|
-$443,394.00
|
$345,911.00
|
| Income Before Tax |
$12.55 M |
$4.16 M |
$4.72 M |
| Income Before Tax Ratio
|
0.11
|
0.05
|
0.06
|
| Income Tax Expense |
$2.13 M |
$2.00 |
$1.00 |
| Net Income |
$10.42 M |
$4.16 M |
$4.72 M |
| Net Income Ratio |
0.09 |
0.05 |
0.06 |
| EPS |
0.25 |
0.1 |
0.11 |
| EPS Diluted |
0.25 |
0.1 |
0.11 |
| Weighted Average Shares
Out |
$41.30 M
|
$41.30 M
|
$41.30 M
|
| Weighted Average Shares
Out Diluted |
$41.30 M
|
$41.30 M
|
$41.30 M
|
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