NASDAQ : MSS
Maison Solutions Inc. — Financial statements
Consumer Staples · Grocery Stores · United States
Last price 1.14 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 975.09K
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Financial statements
Maison Solutions Inc. (MSS) reported revenue of 118.70M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year May - April; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 118.70M | 124.22M | 58.04M | 55.40M | 41.98M | 41.20M |
| Cost of Revenue | 94.88M | 97.87M | 46.42M | 42.95M | 33.70M | 32.88M |
| Gross Profit | 23.83M | 26.34M | 11.62M | 12.45M | 8.29M | 8.31M |
| Selling, General & Admin | 33.27M | 27.61M | 14.33M | 12.37M | 9.11M | 7.76M |
| Operating Expenses | 33.27M | 27.61M | 14.33M | 12.37M | 9.11M | 7.76M |
| Operating Income | -9.44M | -1.27M | -2.70M | 83.65K | -826.59K | 553.40K |
| Interest Expense | -2.48M | -1.17M | -124.26K | -59.21K | ||
| Interest & Investment Income | 42.61K | 43.48K | ||||
| Other Non Operating Income (Expenses) | 1.57M | 4.04M | 37.18K | 1.85M | 155.82K | 968.65K |
| EBT Excluding Unusual Items | -10.35M | 1.61M | -2.79M | 1.98M | -627.29K | 1.46M |
| Gain (Loss) on Sale of Investments | -2.80M | -515.74K | -538.54K | |||
| Other Unusual Items | 383.16K | |||||
| Pretax Income | -13.15M | 1.09M | -2.95M | 1.98M | -627.29K | 1.46M |
| Income Tax Expense | -716.60K | 173.99K | 440.56K | 336.49K | 27.74K | 436.06K |
| Earnings From Continuing Operations | -12.43M | 920.91K | -3.39M | 1.64M | -655.03K | 1.03M |
| Minority Interest in Earnings | 205.23K | 248.36K | 46.82K | -387.50K | 92.28K | -122.71K |
| Net Income | -12.01M | 1.17M | -3.34M | 1.25M | -562.74K | 904.08K |
| Net Income to Common | -12.01M | 1.17M | -3.34M | 1.25M | -562.74K | 904.08K |
| Shares Outstanding (Basic) | 418.74K | 349.01K | 358.28K | 320.00K | 320.00K | |
| Shares Outstanding (Diluted) | 418.74K | 354.96K | 358.28K | 320.00K | 320.00K | |
| EPS (Basic) | -28.68 | 3.35 | -9.32 | 3.91 | -1.76 | |
| EPS (Diluted) | -28.68 | 3.35 | -9.50 | 3.91 | -1.76 | |
| Free Cash Flow | -753.76K | 4.58M | -3.89M | 434.80K | 1.43M | 1.08M |
| Free Cash Flow Per Share | -1.80 | 12.90 | -10.84 | 1.36 | 4.46 | |
| Gross Margin | 20.07% | 21.21% | 20.02% | 22.48% | 19.74% | 20.17% |
| Operating Margin | -7.95% | -1.02% | -4.66% | 0.15% | -1.97% | 1.34% |
| Profit Margin | -10.12% | 0.94% | -5.75% | 2.26% | -1.34% | 2.20% |
| Free Cash Flow Margin | -0.64% | 3.69% | -6.69% | 0.78% | 3.40% | 2.63% |
| EBITDA | -8.52M | -229.52K | -2.24M | 455.34K | -389.18K | 1.13M |
| EBITDA Margin | -7.18% | -0.18% | -3.86% | 0.82% | -0.93% | 2.75% |
| D&A For EBITDA | 916.89K | 1.04M | 461.87K | 371.70K | 437.41K | 578.87K |
| EBIT | -9.44M | -1.27M | -2.70M | 83.65K | -826.59K | 553.40K |
| EBIT Margin | -7.95% | -1.02% | -4.66% | 0.15% | -1.97% | 1.34% |
| Effective Tax Rate | 15.89% | 17.03% | 29.81% | |||
| Revenue as Reported | 41.98M | 41.20M | ||||
| Advertising Expenses | 79.36K | 208.00K | 73.68K | 157.56K |
Balance sheet
Fiscal year May - April; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.52M | 775.36K | 2.07M | 2.57M | 898.06K | 714.28K |
| Cash & Short-Term Investments | 1.52M | 775.36K | 2.07M | 2.57M | 898.06K | 714.28K |
| Accounts Receivable | 658.97K | 3.13M | 571.52K | 604.97K | 409.46K | 673.50K |
| Other Receivables | 1.26M | 823.94K | 1.27M | 584.83K | 292.05K | 856.49K |
| Receivables | 1.92M | 3.96M | 1.85M | 1.19M | 5.11M | 2.23M |
| Inventory | 7.67M | 7.71M | 9.59M | 4.53M | 2.98M | 1.94M |
| Prepaid Expenses | 1.47M | 484.73K | 479.06K | 70.74K | 4.75K | |
| Total Current Assets | 12.57M | 12.93M | 13.99M | 8.29M | 9.06M | 4.89M |
| Property, Plant & Equipment | 35.56M | 40.09M | 43.06M | 23.22M | 16.45M | 17.98M |
| Long-Term Investments | 162.66K | 1.09M | 1.54M | 203.44K | 203.44K | |
| Goodwill | 14.88M | 14.88M | 14.88M | 2.22M | ||
| Other Intangible Assets | 7.00M | 7.42M | 7.98M | 197.33K | 15.27K | 10.03K |
| Other Long-Term Assets | 1.91M | 956.01K | 947.31K | 458.59K | 375.57K | 377.12K |
| Total Assets | 72.09M | 77.36M | 82.40M | 34.58M | 26.10M | 23.26M |
| Accounts Payable | 7.82M | 8.52M | 5.87M | 3.57M | 3.37M | 1.94M |
| Accrued Expenses | 1.19M | 1.42M | 972.77K | 458.14K | 579.60K | 465.95K |
| Short-Term Debt | 1.20M | 6.85M | 15.72M | 391.58K | 354.56K | 86.29K |
| Current Portion of Long-Term Debt | 1.76M | 62.21K | 65.10K | 370.83K | 498.25K | 304.62K |
| Current Portion of Leases | 3.47M | 4.19M | 4.09M | 1.76M | 1.07M | 1.00M |
| Current Income Taxes Payable | 931.05K | 661.41K | 442.52K | 961.03K | 443.15K | 427.11K |
| Current Unearned Revenue | 591.45K | 701.93K | 965.70K | 449.33K | 370.93K | 176.85K |
| Other Current Liabilities | 1.83M | 344.81K | 654.32K | 409.65K | 855.74K | 327.86K |
| Total Current Liabilities | 18.79M | 22.75M | 28.77M | 8.37M | 7.54M | 4.74M |
| Long-Term Debt | 7.29M | 3.89M | 2.50M | 2.56M | 2.80M | 1.07M |
| Long-Term Leases | 33.89M | 36.76M | 39.02M | 22.71M | 16.55M | 17.58M |
| Long-Term Deferred Tax Liabilities | 1.16M | 1.18M | 1.27M | 40.41K | ||
| Other Long-Term Liabilities | 3.40M | 1.14M | 125.11K | 105.64K | 55.15K | 60.55K |
| Total Liabilities | 64.53M | 65.72M | 71.68M | 33.79M | 26.95M | 23.45M |
| Common Stock | 2.62K | 1.97K | 1.97K | 1.60K | 1.60K | 1.60K |
| Additional Paid-In Capital | 21.07M | 13.31M | 13.31M | |||
| Retained Earnings | -13.37M | -1.65M | -2.82M | 522.71K | -729.09K | -166.35K |
| Total Common Equity | 7.70M | 11.67M | 10.50M | 524.31K | -727.49K | -164.75K |
| Minority Interest | -143.87K | -27.24K | 221.12K | 267.95K | -119.55K | -27.27K |
| Shareholders' Equity | 7.56M | 11.64M | 10.72M | 792.26K | -847.04K | -192.02K |
| Total Liabilities & Equity | 72.09M | 77.36M | 82.40M | 34.58M | 26.10M | 23.26M |
| Total Debt | 47.60M | 51.75M | 61.38M | 27.80M | 21.27M | 20.05M |
| Net Cash (Debt) | -46.08M | -50.98M | -59.31M | -25.23M | -20.37M | -19.34M |
| Net Cash Per Share | -110.04 | -143.61 | -165.53 | -78.83 | -63.66 | |
| Filing Date Shares Outstanding | 609.03K | 393.81K | 393.81K | 320.00K | 320.00K | |
| Total Common Shares Outstanding | 523.11K | 393.81K | 393.81K | 320.00K | 320.00K | |
| Working Capital | -6.21M | -9.82M | -14.78M | -86.86K | 1.52M | 156.28K |
| Book Value Per Share | 14.73 | 29.63 | 26.66 | 1.64 | -2.27 | |
| Tangible Book Value | -14.18M | -10.64M | -12.36M | -1.90M | -742.76K | -174.78K |
| Tangible Book Value Per Share | -27.11 | -27.01 | -31.40 | -5.92 | -2.32 | |
| Machinery | 7.98M | 8.46M | 8.40M | 4.07M | 3.50M | 3.50M |
| Leasehold Improvements | 1.94M | 2.39M | 2.27M | 486.64K | 480.53K | 421.81K |
Cash flow statement
Fiscal year May - April; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -12.01M | 1.17M | -3.34M | 1.25M | -562.74K | 904.08K |
| Depreciation & Amortization | 916.89K | 1.04M | 461.87K | 371.70K | 437.41K | 578.87K |
| Other Amortization | 1.35M | 55.42K | ||||
| Loss (Gain) on Equity Investments | 935.13K | 515.74K | 538.54K | |||
| Provision & Write-off of Bad Debts | 1.90M | 29.49K | -60.00K | 225.77K | ||
| Other Operating Activities | 4.37M | -861.80K | -64.48K | 254.32K | -77.02K | 154.26K |
| Change in Accounts Receivable | -2.05M | -2.59M | -67.98K | -14.43K | 264.04K | -411.68K |
| Change in Inventory | 4.86M | 770.43K | 914.36K | 343.51K | -391.26K | -420.01K |
| Change in Accounts Payable | -3.28M | 2.66M | 47.09K | -751.33K | 1.43M | -957.12K |
| Change in Unearned Revenue | -178.29K | -263.77K | 503.33K | 68.04K | 194.08K | 152.01K |
| Change in Income Taxes | -732.10K | 218.89K | -518.52K | 334.62K | 16.04K | 426.31K |
| Change in Other Net Operating Assets | 804.89K | 2.02M | -1.92M | -1.60M | 175.54K | 682.41K |
| Operating Cash Flow | -718.22K | 4.76M | -3.50M | 484.19K | 1.49M | 1.11M |
| Capital Expenditures | -35.54K | -175.35K | -382.13K | -49.39K | -58.55K | -27.12K |
| Cash Acquisitions | -4.93M | -2.50M | ||||
| Sale (Purchase) of Intangibles | -2.95M | -5.24K | -10.03K | |||
| Investment in Securities | -62.00K | -1.88M | ||||
| Other Investing Activities | -2.92M | 490.91K | -490.91K | |||
| Investing Cash Flow | -2.94M | -237.35K | -10.13M | 1.86M | -3.28M | -1.23M |
| Short-Term Debt Issued | 1.43M | 347.44K | 64.83K | |||
| Long-Term Debt Issued | 2.33M | 1.92M | ||||
| Total Debt Issued | 12.65M | 3.76M | 347.44K | 1.98M | ||
| Short-Term Debt Repaid | -95.00K | -383.91K | -125.70K | |||
| Long-Term Debt Repaid | -9.48M | -520.83K | -362.73K | -525.29K | ||
| Total Debt Repaid | -9.99M | -9.58M | -520.83K | -746.64K | -650.99K | |
| Net Debt Issued (Repaid) | 2.66M | -5.82M | -173.38K | -746.64K | 1.98M | -650.99K |
| Issuance of Common Stock | 13.31M | |||||
| Financing Cash Flow | 2.66M | -5.82M | 13.14M | -746.64K | 1.98M | -650.99K |
| Net Cash Flow | -1.00M | -1.30M | -495.47K | 1.60M | 183.78K | -768.07K |
| Free Cash Flow | -753.76K | 4.58M | -3.89M | 434.80K | 1.43M | 1.08M |
| Free Cash Flow Margin | -0.64% | 3.69% | -6.69% | 0.78% | 3.40% | 2.63% |
| Free Cash Flow Per Share | -1.80 | 12.90 | -10.84 | 1.36 | 4.46 | |
| Levered Free Cash Flow | -2.38M | 1.91M | -7.78M | 3.04M | -1.84M | |
| Unlevered Free Cash Flow | -2.18M | 2.58M | -7.71M | 3.04M | -1.84M | |
| Cash Interest Paid | 870.29K | 1.03M | 104.45K | 70.80K | 73.76K | 62.49K |
| Cash Income Tax Paid | 36.79K | 116.37K | 973.66K | 8.48K | 4.00K | 9.75K |
| Change in Working Capital | -573.77K | 2.81M | -1.04M | -1.62M | 1.69M | -528.08K |
Ratios
Fiscal year May - April; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 863.89K | 19.69M | 21.07M | |||
| Enterprise Value | 46.94M | 73.43M | 38.06M | |||
| Last Close Price | 1.01 | 50.00 | 53.50 | |||
| PE Ratio | 16.84 | |||||
| PS Ratio | 0.01 | 0.16 | 0.36 | |||
| PB Ratio | 0.07 | 1.69 | 1.97 | |||
| P/FCF Ratio | 4.30 | |||||
| P/OCF Ratio | 4.14 | |||||
| EV/Sales Ratio | 0.40 | 0.59 | 0.66 | |||
| EV/FCF Ratio | 16.03 | |||||
| Debt / Equity Ratio | 6.30 | 4.45 | 5.73 | 35.09 | -25.11 | -104.43 |
| Debt / EBITDA Ratio | 12.12 | 62.77 | 8.75 | 15.07 | 7.08 | |
| Debt / FCF Ratio | 11.30 | 63.93 | 14.88 | 18.53 | ||
| Net Debt / Equity Ratio | 6.09 | 4.38 | 5.53 | 31.84 | -24.05 | -100.71 |
| Net Debt / EBITDA Ratio | -5.41 | -222.10 | -26.45 | 55.40 | -52.34 | 17.08 |
| Net Debt / FCF Ratio | -61.13 | 11.13 | -15.26 | 58.02 | 14.26 | 17.87 |
| Asset Turnover | 1.53 | 1.55 | 0.99 | 1.83 | 1.70 | |
| Inventory Turnover | 9.12 | 11.32 | 6.58 | 11.45 | 13.69 | |
| Quick Ratio | 0.18 | 0.21 | 0.14 | 0.45 | 0.21 | 0.47 |
| Current Ratio | 0.67 | 0.57 | 0.49 | 0.99 | 1.20 | 1.03 |
| Return on Equity (ROE) | -127.03% | 8.24% | -58.85% | |||
| Return on Assets (ROA) | -7.62% | -0.99% | -2.89% | 0.17% | -2.09% | |
| Return on Invested Capital (ROIC) | -16.84% | -1.60% | -5.63% | 0.31% | -4.46% | 2.10% |
| Return on Capital Employed (ROCE) | -17.70% | -2.30% | -5.00% | 0.30% | -4.50% | 3.00% |
| Earnings Yield | -2,840.08% | 5.94% | -15.85% | |||
| FCF Yield | -88.12% | 23.26% | -18.44% | |||
| Buyback Yield / Dilution | -16.31% | 0.92% | -11.96% |