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MAMO (Massimo Group) Net Margin % : -9.77% (As of Sep. 2024)


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What is Massimo Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Massimo Group's Net Income for the three months ended in Sep. 2024 was $-2.5 Mil. Massimo Group's Revenue for the three months ended in Sep. 2024 was $25.6 Mil. Therefore, Massimo Group's net margin for the quarter that ended in Sep. 2024 was -9.77%.

The historical rank and industry rank for Massimo Group's Net Margin % or its related term are showing as below:

MAMO' s Net Margin % Range Over the Past 10 Years
Min: 4.81   Med: 5.72   Max: 9.05
Current: 5.61


MAMO's Net Margin % is ranked better than
65.61% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs MAMO: 5.61

Massimo Group Net Margin % Historical Data

The historical data trend for Massimo Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Massimo Group Net Margin % Chart

Massimo Group Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
5.72 4.81 9.05

Massimo Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.23 9.70 10.55 7.95 -9.77

Competitive Comparison of Massimo Group's Net Margin %

For the Recreational Vehicles subindustry, Massimo Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Massimo Group's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Massimo Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Massimo Group's Net Margin % falls into.



Massimo Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Massimo Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10.415/115.038
=9.05 %

Massimo Group's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-2.502/25.602
=-9.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Massimo Group  (NAS:MAMO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Massimo Group Net Margin % Related Terms

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Massimo Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3101 W Miller Road, Garland, TX, USA, 75041
Massimo Group is engaged in the mid-tier band the (Mid-Tier Band) of the Powersports Vehicles and Boats Industry. It manufacture, import and distribute a diversified portfolio of products divided into two main lines: a motor sports brand consisting of utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), motorcycles, scooters, golf carts and a juvenile line from go karts to balance bikes; and a motor boat line consisting of pontoon and tritoon boats (Pontoon Boats).