{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-019094","form_type":"8-K","ticker":"MAMO","cik":"0001952853","company_name":"Massimo Group","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.296510+00:00","generated_at":"2026-06-02T01:23:34.609598+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Massimo Group reports Q1 2024 revenue of $30.2M, up 60% YoY; net income $3.2M, up 480%","bullets":["Revenue $30.2M (+60% YoY), net income $3.2M ($0.08 EPS) vs $0.5M ($0.01) in Q1 2023.","Gross margin expanded 500 bps to 34.7% due to lower freight costs and reduced returns.","UTV/ATV/e-bike segment revenue $28.7M (+74.1%); pontoon boat revenue fell 38.2% to $1.5M.","New in-store agreements with a global omnichannel retailer (1,300+ stores) and Fleet Farm; production capacity 3,000+ vehicles/month.","Closed $5.85M IPO on Nasdaq on April 4, 2024; cash was $0.2M at quarter end (pre-IPO)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-019094","json":"https://secwatch.observer/filing/0001493152-24-019094.json","markdown":"https://secwatch.observer/filing/0001493152-24-019094.md","text":"https://secwatch.observer/filing/0001493152-24-019094.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1952853/000149315224019094/0001493152-24-019094-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1952853/000149315224019094/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:23:34.609598+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"495e03196b7744709c37f041eeac5d18e7c08098","claim":"Massimo Group reported first quarter ended March 31, 2024 results: revenue $30.2 million, net income $3.2 million, EPS $0.08 per basic and diluted share.","evidence_excerpt":"Massimo Group Reports First Quarter 2024 Financial Results Q1 2024 Revenue Increases 60% YoY to $30.2 Million Q1 2024 Net Income Increases 480% YoY to $3.2 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1952853/000149315224019094/0001493152-24-019094-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$30.2 million"},{"label":"Net income","value":"$3.2 million"},{"label":"EPS","value":"$0.08 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}