Steven R. Burns
On April 8, 2025, Steven R. Burns, Executive Vice President and Chief Administrative Officer, notified the Company of his intention to retire from the Company, including its Board of Directors, effective on or about April 30, 2025.
Highest-materiality recent filing
Mama's Creations prices $100M public offering of 5.56M shares at $18.00; net proceeds ~$94M
Priced 5,555,556 shares at $18.00/share; gross proceeds ~$100M, net ~$94M after discounts and expenses.
Mama's Creations Q1 FY2027 revenue $52.8M (+50% YoY); net income $2.1M (+66%)
Revenue $52.8M, up 50% from $35.3M; gross margin 23.6% vs 26.1% due to start-up inefficiencies.
Mama's Creations Q4 revenue up 61% to $54M; net income rises 38%, cash nearly triples
Q4 revenue $54.0M (+61% YoY); net income $2.2M (+38%); diluted EPS $0.05 (+25%).
Mama's Creations Q3 revenue up 50% to $47.3M; acquired Crown 1 for $17.5M
Revenue $47.3M (+50% YoY); net income $0.5M ($0.01 diluted EPS); Adj. EBITDA $3.8M (+118%).
Acquired Crown I Carve Out Business had net sales of $56.8M, net income $424K for fiscal year ended June 28, 2025.
MAMA Q2 revenue $35.2M (+24% YoY); acquires Crown 1 assets for $17.5M
Revenue $35.2M, +24% YoY; net income $1.3M, diluted EPS $0.03; gross margin 24.9% vs 24.2%.
Mama's Creations acquires Crown I for $17.5M; Q2 revenue to grow at least 20% to $34M
Acquired Crown I Enterprises (Sysco subsidiary) for $17.5M cash; revenue multiple ~0.3x FY25 revenue of $56M.
Mama's Creations Q1 FY2026: revenue up 18% to $35.3M, net income up 124% to $1.2M
Revenue $35.3M (+18% YoY); net income $1.2M ($0.03 diluted EPS) vs $0.6M ($0.01).
Mama’s Creations Q4 revenue +25.7% to $33.6M; EVP/CAO retiring Apr 30
Q4 revenue $33.6M (+25.7% YoY); gross margin 27.0%; net income $1.6M ($0.04 EPS).
Mama's Creations expects record Q4 gross margins; presents at two conferences
Management to present at 37th Annual Roth Conference (Mar 18) and Planet MicroCap Showcase (Apr 23).
Mama's Creations Q3 revenue up 10% to $31.5M but net income falls 80% to $0.4M
Revenue $31.5M (+10% YoY); gross margin 22.6% vs 30.1% due to construction disruptions and higher commodity costs.
Mama's Creations Q2 revenue up 14% to $28.4M; net income down 34% to $1.1M
EPS $0.03 diluted vs $0.05 prior year; adjusted EBITDA $2.7M vs $3.0M.
Mama's Creations amends M&T Bank credit facility; extends revolver maturity to Nov 2027
Revolver maturity extended from Oct 31, 2025 to Nov 30, 2027; $5.5M limit and existing term loan unchanged.
Mama's Creations Q1 revenue up 29% to $29.8M record; net income down 61% on $0.9M option fix
Revenue $29.8M (+29% YoY); gross margin 25.0% vs 27.6% on higher chicken costs.
Mama's Creations Q4 revenue $26.7M (+17%); FY net income $6.5M (+184%)
Revenue Q4 $26.7M (+17% YoY); FY $103.3M (+11%); gross margin expanded to 29.4% from 20.8%.
Mama's Creations announces secondary offering of 5.6M shares at $3.50 by selling stockholders
Offering of 5,629,921 shares by affiliates of Matthew Brown and Karen Wolf; no shares sold by the company.
Mama's Creations Q3 revenue $28.7M (+11.5%), net income $2.0M (+83%), adj. EBITDA $3.5M
Gross margin expanded 460 bps to 30.1% on pricing, commodity normalization and operational improvements.
MamaMancini's acquires remaining 76% of Chef Inspirational Foods for $3.65M
Total consideration $3.65M: $950k cash at close, $1.2M cash on 1st anniversary, $1.5M in stock on 2nd anniversary.
Selling stockholders offered 6,281,085 shares at $2.50 per share; underwriter's 30-day option for 942,163 additional shares fully exercised.
MamaMancini's closes Series B Preferred offering raising $1.365M; terminates AGES agreement
Sold final 7,400 Series B shares at $25/share for $185K, total gross proceeds $1.365M.
MamaMancini's raises $1.18M in initial close of Series B preferred offering
Sold 47,200 Series B shares at $25 each for gross proceeds of $1,180,000.
MamaMancini's appoints Anthony J. Gruber as CFO, replacing Morgenstein
Anthony J. Gruber named CFO of MamaMancini's, effective Sept 19, 2022; replaces Lawrence Morgenstein.
MamaMancini’s appoints Adam L. Michaels as CEO; Carl Wolf to remain Chairman
Adam L. Michaels appointed CEO and board member effective September 6, 2022.
MamaMancini's files audited FY2020 financials for acquired T&L Creative Salads and Olive Branch
T&L Creative Salads FY2020 net sales $18.96M, net income $443k, total assets $6.66M.
MamaMancini's acquires T&L Creative Salads and Olive Branch for $14M
Combined purchase price $14M: $11M cash at closing plus $3M promissory note to T&L shareholders.
On April 8, 2025, Steven R. Burns, Executive Vice President and Chief Administrative Officer, notified the Company of his intention to retire from the Company, including its Board of Directors, effective on or about April 30, 2025.
announced the appointment of the Company’s Chief Operating Officer, Mr. Moore (Skip) Tappan, III, 57, effective September 3, 2024.
On November 14, 2023, the Board of Directors of Mama’s Creations, Inc. appointed Lynn Blake to serve as a member of the Company’s Board of Directors.
On October 9, 2023, Matthew Brown, President and Chief Operating Officer of Mama’s Creations, Inc. (the “Company”) and member of the Company’s Board of Directors (the “Board”), informed the Board of his intent to retire as President and Chief Operating Officer, effective October 31, 2023.
Max materiality 0.85 · Median 0.60 · Most common event other_material