secwatch.observer — SEC 8-K summary
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Issuer:     Mama's Creations, Inc. (MAMA)
CIK:        0001520358
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001493152-24-050230
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mama's Creations Q3 revenue up 10% to $31.5M but net income falls 80% to $0.4M
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- Revenue $31.5M (+10% YoY); gross margin 22.6% vs 30.1% due to construction disruptions and higher commodity costs.
- Net income $0.4M ($0.01 diluted EPS) vs $2.0M ($0.05) last year; Adj. EBITDA $1.7M (-49.6%).
- CapEx projects completed in Sep 2024; management says Nov 2024 gross margins show full reversal of ~400 bps construction headwinds.
- Hired Chris Darling as CCO and Skip Tappan as COO; cash and equivalents $9.3M; total debt $6.3M.
- Cash flow from operations up 23.7% YoY; $5.0M capital investments and $2.5M debt paydown year-to-date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520358/000149315224050230/0001493152-24-050230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520358/000149315224050230/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050230

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