secwatch.observer — SEC 8-K summary
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Issuer:     Massimo Group (MAMO)
CIK:        0001952853
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001493152-24-014750
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Massimo reports FY 2023 revenue $115M (+33%), net income $10.4M (+150%); Q4 revenue +58.5%
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- FY 2023 revenue $115.0M (up 32.9%), net income $10.4M (up 150% from $4.2M).
- FY 2023 gross margin 31.2% (up 550 bps from 25.7%).
- Q4 2023 revenue $39.6M (up 58.5%), net income $3.8M vs $54.7K.
- Closed $5.85M IPO on April 4, 2024, listed on Nasdaq under MAMO.
- Powersports sales $103.3M (+32.4%), marine sales $11.7M (+37.9%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1952853/000149315224014750/0001493152-24-014750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1952853/000149315224014750/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014750

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