NASDAQ : MAMA

Mama's Creations, Inc. — Financial statements

Consumer Staples · Packaged Foods · United States

Last price 12.68 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 597.83M

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Financial statements

Mama's Creations, Inc. (MAMA) reported revenue of 208.60M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Revenue208.60M171.71M123.33M103.28M93.19M47.08M
Cost of Revenue158.01M128.67M92.80M72.95M73.77M35.38M
Gross Profit50.59M43.05M30.53M30.33M19.42M11.70M
Selling, General & Admin39.46M34.35M24.30M21.03M16.46M11.65M
Research & Development341.00K288.00K455.00K414.00K135.00K120.69K
Operating Expenses39.80M34.63M24.76M21.44M16.59M11.77M
Operating Income10.79M8.41M5.78M8.89M2.82M-70.08K
Interest Expense-533.00K-472.00K-493.00K-571.00K-656.00K-75.92K
Interest & Investment Income670.00K211.00K218.00K
Earnings From Equity Investments223.00K143.00K
Other Non Operating Income (Expenses)104.00K27.00K3.00K6.54K
EBT Excluding Unusual Items10.93M8.15M5.61M8.57M2.31M-139.47K
Merger & Restructuring Charges-1.30M-1.30M
Other Unusual Items-900.00K-60.14K
Pretax Income9.63M6.85M4.71M8.57M2.31M44.55K
Income Tax Expense2.23M1.56M995.00K2.01M9.00K296.47K
Net Income7.39M5.29M3.71M6.56M2.30M-251.93K
Preferred Dividends & Other Adjustments49.00K34.00K
Net Income to Common7.39M5.29M3.71M6.51M2.27M-251.93K
Shares Outstanding (Basic)40.94M38.90M37.43M36.81M36.09M35.70M
Shares Outstanding (Diluted)43.69M41.38M39.42M38.38M37.31M35.70M
EPS (Basic)0.180.140.100.180.06-0.01
EPS (Diluted)0.170.130.090.170.06-0.01
Free Cash Flow17.29M9.77M82.00K10.84M4.92M47.43K
Free Cash Flow Per Share0.400.240.000.280.130.00
Gross Margin24.25%25.07%24.76%29.37%20.84%24.85%
Operating Margin5.17%4.90%4.68%8.61%3.03%-0.15%
Profit Margin3.55%3.08%3.01%6.30%2.44%-0.53%
Free Cash Flow Margin8.29%5.69%0.07%10.49%5.27%0.10%
EBITDA17.00M13.30M8.91M11.01M4.22M753.02K
EBITDA Margin8.15%7.75%7.23%10.66%4.53%1.60%
D&A For EBITDA6.21M4.89M3.13M2.12M1.40M823.10K
EBIT10.79M8.41M5.78M8.89M2.82M-70.08K
EBIT Margin5.17%4.90%4.68%8.61%3.03%-0.15%
Effective Tax Rate23.20%22.84%21.14%23.43%0.39%665.54%
Advertising Expenses3.50M2.20M1.20M693.00K735.00K

Balance sheet

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Cash & Equivalents138.62M19.95M7.15M11.02M4.38M850.60K
Cash & Short-Term Investments138.62M19.95M7.15M11.02M4.38M850.60K
Accounts Receivable12.89M13.07M8.13M7.86M6.83M7.63M
Receivables12.89M13.07M8.13M7.86M6.83M7.63M
Inventory10.66M9.65M4.82M3.31M3.64M2.89M
Prepaid Expenses1.65M2.41M1.78M1.38M828.00K269.21K
Total Current Assets163.82M45.08M21.88M23.57M15.67M11.64M
Property, Plant & Equipment25.85M27.98M12.76M7.33M6.66M7.27M
Long-Term Investments1.34M
Goodwill9.45M9.45M8.63M8.63M8.63M8.63M
Other Intangible Assets2.22M3.09M3.44M4.98M1.50M1.98M
Long-Term Deferred Tax Assets258.00K503.00K718.00K448.50K
Other Long-Term Assets95.00K95.00K95.00K95.00K54.00K52.25K
Total Assets201.43M85.70M47.06M45.10M34.59M30.03M
Accounts Payable15.25M10.97M9.05M8.18M9.06M6.48M
Accrued Expenses5.09M6.83M3.00M3.68M
Current Portion of Long-Term Debt983.00K960.00K3.78M3.46M2.24M2.00M
Current Portion of Leases2.13M2.01M1.19M801.00K574.00K510.74K
Current Income Taxes Payable191.00K563.00K
Total Current Liabilities23.64M20.77M17.02M16.69M11.88M8.99M
Long-Term Debt3.82M4.41M1.34M5.25M7.04M9.22M
Long-Term Leases5.98M7.08M3.80M3.58M3.15M3.72M
Long-Term Deferred Tax Liabilities581.00K813.00K
Total Liabilities34.02M33.08M22.17M25.52M22.07M21.92M
Common Stock359.00
Additional Paid-In Capital157.48M47.32M24.88M23.28M22.72M20.59M
Retained Earnings10.07M5.45M164.00K-3.55M-10.06M-12.33M
Treasury Stock-150.00K-150.00K-150.00K-150.00K-150.00K-149.50K
Shareholders' Equity167.41M52.62M24.90M19.58M12.52M8.11M
Total Liabilities & Equity201.43M85.70M47.06M45.10M34.59M30.03M
Total Debt12.92M14.46M10.11M13.10M13.01M15.44M
Net Cash (Debt)125.70M5.49M-2.96M-2.07M-8.63M-14.59M
Net Cash Per Share2.880.13-0.08-0.05-0.23-0.41
Filing Date Shares Outstanding47.15M40.66M37.60M37.26M36.09M35.53M
Total Common Shares Outstanding47.15M40.66M37.60M37.26M36.09M35.53M
Working Capital140.18M24.31M4.85M6.88M3.79M2.65M
Book Value Per Share3.551.290.660.530.350.23
Tangible Book Value155.74M40.08M12.83M5.97M2.38M-2.51M
Tangible Book Value Per Share3.300.990.340.160.07-0.07
Machinery19.81M19.13M8.22M4.69M5.67M5.17M
Leasehold Improvements8.61M8.67M5.88M2.96M3.48M3.35M

Cash flow statement

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Net Income7.39M5.29M3.71M6.56M2.30M-251.93K
Depreciation & Amortization7.91M6.29M3.13M2.47M1.76M1.01M
Other Amortization54.00K37.00K16.00K22.00K22.00K2.44K
Loss (Gain) on Equity Investments-223.00K-143.00K
Stock-Based Compensation2.78M1.96M1.10M436.00K110.00K32.92K
Provision & Write-off of Bad Debts90.00K90.00K-140.00K233.00K
Other Operating Activities1.12M1.09M-1.34M278.00K-269.00K296.47K
Change in Accounts Receivable-2.51M-1.31M-272.00K2.39M563.00K-938.41K
Change in Inventory-2.92M-3.52M-1.51M263.00K-745.00K-474.53K
Change in Accounts Payable7.36M3.61M79.00K476.00K2.19M1.18M
Change in Other Net Operating Assets-2.30M-2.13M256.00K-915.00K-519.00K53.30K
Operating Cash Flow18.98M11.42M5.18M11.62M5.51M909.84K
Capital Expenditures-1.69M-1.65M-5.09M-786.00K-593.00K-862.41K
Cash Acquisitions-17.31M-17.31M-646.00K-500.00K-10.41M
Investing Cash Flow-19.00M-18.96M-5.09M-1.43M-1.09M-11.27M
Short-Term Debt Issued18.77M
Long-Term Debt Issued125.00K8.27M
Total Debt Issued18.77M18.77M125.00K8.27M
Long-Term Debt Repaid-17.40M-4.01M-3.56M-2.28M-199.18K
Total Debt Repaid-17.06M-17.40M-4.01M-3.56M-2.28M-199.18K
Net Debt Issued (Repaid)1.71M1.37M-4.01M-3.56M-2.15M8.07M
Issuance of Common Stock127.54M18.98M55.00K68.00K26.00K19.08K
Preferred Dividends Paid-49.00K-34.00K
Dividends Paid-49.00K-34.00K
Other Financing Activities-93.00K-63.75K
Financing Cash Flow129.25M20.34M-3.95M-3.54M-889.00K8.02M
Net Cash Flow129.23M12.80M-3.87M6.64M3.53M-2.34M
Free Cash Flow17.29M9.77M82.00K10.84M4.92M47.43K
Free Cash Flow Margin8.29%5.69%0.07%10.49%5.27%0.10%
Free Cash Flow Per Share0.400.240.000.280.130.00
Levered Free Cash Flow12.94M6.18M206.50K9.18M4.73M-2.23M
Unlevered Free Cash Flow13.22M6.43M498.62K9.51M5.12M-2.19M
Cash Interest Paid491.00K435.00K654.00K634.00K634.00K52.22K
Cash Income Tax Paid1.42M1.23M1.48M32.00K32.00K
Change in Working Capital-364.00K-3.34M-1.44M2.22M1.49M-183.96K

Ratios

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Market Capitalization606.79M613.87M289.42M161.40M72.18M68.91M
Enterprise Value481.09M611.77M291.15M170.23M83.35M66.59M
Last Close Price12.8715.107.704.312.001.94
PE Ratio75.68116.1377.9924.7931.80
Forward PE44.2171.0648.1223.6216.6248.50
PS Ratio2.913.582.351.560.781.46
PB Ratio3.6211.6711.628.245.778.50
P/TBV Ratio3.9015.3122.5627.0430.34
P/FCF Ratio35.0962.853,529.5014.9014.681,453.05
P/OCF Ratio31.9653.7555.9113.8913.1075.74
PEG Ratio2.292.411.18
EV/Sales Ratio2.313.562.361.650.891.41
EV/EBITDA Ratio28.3045.9932.6715.4619.7388.44
EV/EBIT Ratio44.5972.7250.4019.1529.53
EV/FCF Ratio27.8262.643,550.6615.7116.961,404.15
Debt / Equity Ratio0.080.280.410.671.041.90
Debt / EBITDA Ratio0.660.951.051.132.7313.93
Debt / FCF Ratio0.751.48123.341.212.65325.63
Net Debt / Equity Ratio-0.75-0.100.120.110.691.80
Net Debt / EBITDA Ratio-7.39-0.410.330.192.0419.38
Net Debt / FCF Ratio-7.27-0.5636.150.191.75307.69
Asset Turnover1.652.592.682.592.882.14
Inventory Turnover18.4917.7922.8421.0022.6117.32
Quick Ratio6.411.590.901.130.940.94
Current Ratio6.932.171.281.411.321.29
Return on Equity (ROE)7.51%13.64%16.69%40.88%22.34%-3.07%
Return on Assets (ROA)5.34%7.92%7.83%13.94%5.46%-0.20%
Return on Invested Capital (ROIC)19.19%17.31%18.40%31.81%12.83%2.66%
Return on Capital Employed (ROCE)6.10%13.00%19.20%31.30%12.40%-0.30%
Earnings Yield1.32%0.86%1.28%4.06%3.19%-0.37%
FCF Yield2.85%1.59%0.03%6.71%6.81%0.07%
Payout Ratio0.75%1.48%
Buyback Yield / Dilution-10.60%-4.98%-2.70%-2.86%-4.51%-4.96%