$0.92
Closed
-(-)

At close

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About

Massimo Group engages in the manufacture and distribution of powersports vehicles and recreational watercraft. The company is headquartered in Garland, Texas and currently employs 100 full-time employees. The company went IPO on 2024-04-02. The firm manufactures, imports and distributes a diversified portfolio of products divided into two main lines: utility task vehicles (UTV), all-terrain vehicles (ATV), motorcycles, scooters, golf carts and a juvenile line from go karts to balance bikes and tractors among other products; and recreational Pontoon Boats. The company is also focused on developing new product lines, such as electric vehicle chargers, and electric Pontoon Boats. In addition to distributing its products, it intends to provide unparalleled customer service, which includes over 600 motor vehicles and 5,500 marine third-party service providers across the United States, 24-hour customer support and an approximately 40,000 square foot parts facility. Its products are sold directly by it in the e-commerce marketplace and through a network of dealerships, distributors, and chain stores. Its products are designed to serve and market towards recreational users.
Country

US

CEO

Mr. David Shan

IPO date

2024

Employees

100

ISIN

US57628N1019

Key stats

Open

$0.93

Volume

11.68K

Market cap

$39.47M

Prev. close

$0.92

Impl / hst vl

-

Open interest

$0.00

$0.92

Day’s Range

$0.96

$0.87

52W Range

$5.59

Valuation

55
Valuation score
Fairly Valued
P/E
15.66
P/S
0.58
P/B
1.79
Current ratio
1.98
Debt / Equity
-0.09
ROE
11.74%
Gross margin
39.92%
Income growth
-150.53%
FCF growth
-149.16

Analysts estimates

Earnings

Q1 ‘26 revenue
$12.72M
Q1 ‘26 net income
-$1.01M
Revenue
Net income
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