Maison Solutions Q2 net income falls to $91k, six-month revenue rises 7.6% to $27.5M

Maison Solutions Inc.

2024-Q2 EPS reported $0.00 revenue$27,518,519

Q2 revenue $13.8M (down from $14.2M); net income $91k ($0.01 diluted) vs $529k ($0.03) a year ago.
Gross margin improved 90 bps to 22.7% in Q2; six-month gross margin up 157 bps to 22.6%.
Six-month revenue rose 7.6% to $27.5M; net loss narrowed to $13k from $68k year over year.
Cash and equivalents $8.6M at Oct 31, 2023, up from $2.6M at Apr 30, 2023, after $10M IPO.
Purchased visualization management software to optimize store design and reduce operating costs.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Maison Solutions Inc. reported financial results for the second quarter and first six months of fiscal 2024 ended October 31, 2023.

Period: the second quarter and first six months of fiscal 2024 ended October 31, 2023
Result: reported results

Exact text from the filing

On December 18, 2023, Maison Solutions Inc. (the “Company”) issued a press release announcing its financial results for the second quarter and first six months of fiscal 2024 ended October 31, 2023.

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Source: SEC EDGAR

accession 0001213900-23-096307

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