Massimo Group Past Earnings Performance

Past criteria checks 1/6

Massimo Group has been growing earnings at an average annual rate of 32.2%, while the Auto industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 18.8% per year. Massimo Group's return on equity is 32.5%, and it has net margins of 5.6%.

Key information

32.2%

Earnings growth rate

31.9%

EPS growth rate

Auto Industry Growth23.9%
Revenue growth rate18.8%
Return on equity32.5%
Net Margin5.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Some May Be Optimistic About Massimo Group's (NASDAQ:MAMO) Earnings

Nov 21
Some May Be Optimistic About Massimo Group's (NASDAQ:MAMO) Earnings

Recent updates

With A 25% Price Drop For Massimo Group (NASDAQ:MAMO) You'll Still Get What You Pay For

Nov 29
With A 25% Price Drop For Massimo Group (NASDAQ:MAMO) You'll Still Get What You Pay For

Some May Be Optimistic About Massimo Group's (NASDAQ:MAMO) Earnings

Nov 21
Some May Be Optimistic About Massimo Group's (NASDAQ:MAMO) Earnings

We Think Massimo Group (NASDAQ:MAMO) Can Stay On Top Of Its Debt

Oct 28
We Think Massimo Group (NASDAQ:MAMO) Can Stay On Top Of Its Debt

Revenue & Expenses Breakdown

How Massimo Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:MAMO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241317270
30 Jun 2413514260
31 Mar 2412613240
31 Dec 2311510230
30 Sep 231007220
31 Dec 22874180
31 Dec 21835130

Quality Earnings: MAMO has a high level of non-cash earnings.

Growing Profit Margin: MAMO's current net profit margins (5.6%) are lower than last year (7.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MAMO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: MAMO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MAMO had negative earnings growth (-2.2%) over the past year, making it difficult to compare to the Auto industry average (-9.7%).


Return on Equity

High ROE: MAMO's Return on Equity (32.5%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 06:09
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Massimo Group is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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