secwatch.observer — SEC 8-K summary
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Issuer:     Maison Solutions Inc. (MSS)
CIK:        0001892292
Form:       8-K/A
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001213900-25-016165
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maison Solutions files audited FY2023 financials of Lee Lee acquisition showing $3M net income on $75.7M revenue
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- Lee Lee revenue $75.7M in 2023 vs $76.7M in 2022; net income $3.0M vs net loss $1.2M.
- Gross profit improved to $17.2M from $12.8M driven by lower cost of goods sold.
- Operating cash flow $2.3M positive in 2023 vs negative $0.3M in 2022.
- Lee Lee operated three Arizona supermarkets as of Dec 2023; total equity $8.1M.
- Lee Lee revoked S-corp election and converted to LLC on April 8, 2024, effective with acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892292/000121390025016165/0001213900-25-016165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892292/000121390025016165/ea0231762-8ka1_maison.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-016165

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer