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Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Massimo Group, operating through its various subsidiaries, is engaged in the manufacturing, importing, distributing, and selling of diverse vehicles such as utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), and both pontoon and tritoon boats. Their product line further encompasses motorcycles, scooters, golf carts, go-karts, and balance bikes. Beyond transportation, the company also offers distinct product categories including EV charging solutions, electric coolers, power stations, and portable solar panels.
How they make money
Massimo Group generates revenue primarily through the design, manufacturing, and distribution of utility-focused powersports vehicles and marine equipment. The company operates a nationwide platform, selling its products through a network of approximately 2,800 dealer locations across the United States, focusing on pricing integrity and product mix optimization to drive gross margins.
Products & services
The company offers a range of powersports vehicles, including utility vehicles (UTVs), all-terrain vehicles (ATVs), and pontoon boats, catering to recreational and utility-focused consumer markets.
Brands & revenue mix
Massimo
Core brand for powersports and marine products.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
The company distributes its products through a network of approximately 2,800 independent dealer locations as of the fiscal year ended December 31, 2025.
Suppliers, materials & equipment
Unnamed contract manufacturers — The company relies on various third-party manufacturers for the production of its powersports and marine components.Source
Strengths
Nationwide dealer network of approximately 2,800 locationsSource
Focus on pricing integrity and product mix optimizationSource
Risks
Dependence on third-party manufacturing and supply chain stabilitySource
Inventory management and channel saturation risksSource
Overall investment score · Quality, value, risk and opportunity
47
Weak
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
57
Fair
Financial Strength
76
Business Quality / Moat
32
Management
88
Growth Quality
5
Risk / Durability
80
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
41
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
44/100
Building Historical Record
Model Score 44/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
•Balance-sheet / debt profile scores strongly
•Insider activity signal is favorable
What to watch
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
Company-specific research
Questions worth answering for MAMO
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving MAMO's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•How long can MAMO fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Does MAMO's balance between cash and debt leave enough flexibility if business conditions weaken?
•What future growth or profitability would be needed to justify MAMO's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on MAMO.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Nationwide dealer network of approximately 2,800 locations.
+Focus on pricing integrity and product mix optimization.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Auto - Recreational Vehicles industry.
−Dependence on third-party manufacturing and supply chain stability.
−Inventory management and channel saturation risks.
−Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Wall Street Score
Weak47/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Elite
93
Debt Cost0.5%
Debt Reduction YoY37.6%
Debt / Equity0.40x
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Revenue
Poor
29
Revenue YoY-8.6%
Revenue CAGR-21.0%
Net Margin6.0%
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Asset
Fair
56
Asset Growth YoY-6.3%
Liquidation/Share$0.58
Net Assets/MCap1.04x
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Capital
Fair
67
Earnings Yield9.9%
Buyback Yield0.0%
Debt Cost0.5%
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Management
Strong
88
ROIC5.3%
ROE16.5%
ROA7.9%
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Moat
Poor
32
EPS Growth-16.6%
FCF/Share Growth—
Rev/Share Growth-20.4%
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Valuation
Poor
26
Intrinsic Value$0.80
Value Reference$0.48
MOS-30.5%
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Buffett
Fair
58
Revenue29
Moat32
Valuation26
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MOS
Poor
0
MOS %-30.5%
Value Reference$0.48
Deep Discount Reference$0.32
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Financial
Weak
49
Interest Coverage43.7x
ROIC5.3%
FCF Yield-2.1%
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Master
Fair
56
Financial49
Valuation26
Debt93
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Resilience
Fair
60
Survival Years7.0 yrs
Current Ratio1.79x
FCF Margin-1.2%
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Score Changes
3 historical score records available
Previous Score
47
Oct 1, 2026
Change
+0.2
points
Current Score
47
Oct 5, 2026
Category Changes
Revenue+1.1
Debt0
Assets+0.7
Capital0
Management0
Moat0
Valuation0
Buffett+0.3
MAMO increased 0.2 points because overall fundamentals improved.
Projected Score
Projected Score
51
Projected Change
+3.3 points
Preliminary comparable-period financial changes suggest improvement of approximately 3.3 points. This is a projected estimate, not the official WallStreetScore.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
Revenue
$65.6M
$71.8M
$109.3M
$115.0M
····
····
Cost of Revenue
$37.4M
$44.9M
$76.9M
$79.1M
····
····
Gross Profit
$28.2M
$26.9M
$32.5M
$35.9M
····
····
Research & Development
$2.0M
$2.1M
$343K
$0.00
····
····
SG&A Expenses
$21.0M
$22.9M
$26.3M
$23.0M
····
····
Operating Expenses
$23.0M
$25.0M
$27.4M
$23.0M
····
····
EBITDA
$5.1M
$2.3M
$2.7M
$13.3M
····
····
Operating Income
$5.2M
$2.0M
$5.0M
$12.9M
····
····
Interest Expense
-$5K
$45K
$99K
$519K
····
····
Income Before Tax
$5.1M
$2.0M
$2.4M
$12.5M
····
····
Income Tax Expense
$1.1M
$520K
$655K
$2.1M
····
····
Net Income
$4.0M
$1.5M
$1.8M
$10.4M
····
····
Basic EPS
$0.09
$0.04
$0.04
$0.25
····
····
Basic Shares
41.64M
41.60M
41.54M
41.30M
····
····
Diluted Shares
41.64M
41.64M
41.54M
41.30M
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026
Revenue
$14.9M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.03
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-23.1%
Cash Change
+90.0%
Margin Change
+9.3 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included EPS growth, cash levels, debt levels, net income margin. Pressure indicators included revenue growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 21.1%. EPS increased 1478.9%. Cash increased 90.0%. Total debt declined 23.1%. Net income margin improved by 9.3 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
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5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.