MAMA Q2 revenue $35.2M (+24% YoY); acquires Crown 1 assets for $17.5M

Mama's Creations, Inc.

2026-Q2 EPS reported $0.06 revenue$70,458,000

Revenue $35.2M, +24% YoY; net income $1.3M, diluted EPS $0.03; gross margin 24.9% vs 24.2%.
Acquired Crown 1 from Sysco for $17.5M all-cash; adds ~$56M annual revenue and a 42k sq ft USDA facility.
Adj. EBITDA $3.3M, +18% YoY; cash $9.4M, total debt $2.7M (down from $6.8M a year ago).
Pro forma revenue run-rate ~$200M; acquisition funded via $20M private placement and M&T Bank credit facility.
Targeting Crown 1 gross margin toward Mama's levels within 12-18 months; meaningful cross-sell and cost synergies expected.

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