earnings
confidence high
sentiment negative
materiality 0.75
Maison Solutions FY2024 net loss $3.3M; revenue up 4.8% to $58.0M; guides FY2025 revenue $120-125M
Maison Solutions Inc.
2025-Q1 EPS reported
$0.04
revenue$29,649,380
- Net loss of $3.3M vs net income of $1.3M prior fiscal year; net loss driven by lower gross profit and higher expenses.
- Total net revenues $58.0M (+4.8% YoY); gross margin fell to 20.0% from 22.5% due to inventory write-offs and occupancy costs.
- Acquired Lee Lee supermarkets (3 stores in Arizona) in April 2024; expects to more than double top-line in FY2025.
- FY2025 guidance: revenue $120-125M and net income positive; store renovation underway in El Monte, CA.