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Nov 10, 2025 8:40 AM

Massimo Group Achieves Strong Profit Recovery and Margin Expansion in Q3 2025

GARLAND, Texas, Nov. 10, 2025 /PRNewswire/ -- Massimo Group (NASDAQ:MAMO), a provider of powersports vehicles and related equipment, today announced its financial results for the three months ended September 30, 2025, highlighting an improved gross margin, and solid operational efficiency across its core business segment.

Third Quarter 2025 Highlights

Revenue: $16.99 million, compared to $25.60 million in Q3 2024

Gross Profit: $7.13 million, up from $6.95 million in Q3 2024

Gross Margin: 42%, compared to 27% in the prior-year period

Net Income: $1.53 million, compared to a net loss of $2.50 million in Q3 2024

Earnings per Share (Basic and Diluted): $0.04, compared to $(0.06) in the prior year

Management Discussion

Supported by steady sales growth and effective operating expense controls, the Company's financial performance improved significantly from the first to the third quarter of 2025. Revenue followed an overall upward trend, rising from $14.9 million in Q1 to $18.9 million in Q2, before moderating slightly to $17.0 million in Q3 due to a strategic price optimization initiative..Gross profit continued to grow quarter over quarter, increasing from $4.2 million in Q1 to $6.9 million in Q2, and reaching $7.1 million ...