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MSS: "Food Needs No Translation" (WHO KNEW???!!!)
http://leeleesupermarket.com/
DON’T BLINK
First Quarter 2025 Financial Results
Total net revenues for the first quarter increased 115.6% to $29.6 million compared to $13.8 million in the same period last fiscal year. The increase was primarily driven by the inclusion of revenues from the Company’s newly acquired subsidiary, Lee Lee Oriental Supermart, Inc. (“Lee Lee”) (acquired in April 2024), totaling $18.2 million.
Net revenues from perishable goods for the first quarter increased 96.7% to $15.2 million compared to $7.7 million in the same period last fiscal year. Net revenues from non-perishable goods for the first quarter increased 139.8% to $14.5 million compared to $6.0 million in the same period last fiscal year.
Total cost of revenues for the first quarter was $21.4 million compared to $10.6 million in the same period last fiscal year. The increase was primarily due to the Lee Lee acquisition, which increased the Company’s cost of revenues by $12.3 million; this was partly offset by decreased cost of revenues from the Company’s four California-based supermarkets by $1.6 million.
Gross profit for the first quarter was $8.3 million, while gross margin was 27.9%. Gross profit for the same period last fiscal year was $3.1 million, while gross margin was 22.6%. The increase was primarily due to the higher gross profit from the Lee Lee stores. Boasting three sizable stores, Lee Lee is one of the largest international markets in Arizona and offers authentic flavors and exotic products from over 30 countries and regions, featuring a wide variety of foods that are difficult to find in other local supermarkets.
Net income attributable to Maison Solutions for the first quarter was approximately $700,000, compared to a net loss of approximately $105,000 for the same period last fiscal year. The increase was primarily due to the aforementioned reasons above around the increases in revenue and gross profit.
Fiscal Year 2025 Guidance
The Company is reiterating the following guidance for fiscal year 2025:
? Revenues between $120 million and $125 million
? Net income positive
For more information regarding Maison Solution’s financial results, including financial tables, please see our Form 10-Q for the first quarter ended July 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s SEC filings can be found on the SEC’s website at https://www.sec.gov/ or the Company’s investor relations site at https://investors.maisonsolutionsinc.com/.
About Maison Solutions Inc.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian-American communities. The Company is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while al
zero borrow,78% fee,could be giddy up time,mmx@$2.18,baty and bats@$1.55(usually changes at open but its a good sign,shorts might be letting it go, and covering)
Great run today! Please buy more and do NOT sell! This is where the STRONG HANDS need to ADD MORE shares!
Hold these forever, it’ll be worth it.
No Kleenex here brothers.
lawsuit shorts were doing a pr every 3-5days,then everyday as they got more desperate,i wouldnt want to be short now either lol,cover you lousy crooks !!!
the lawsuit shorts just did another pr,thats 3 today(4 in last 17 hrs),they are in panic desperate mode now,they are going to have to cover imo
many shorts in panic mode,saying anything to not lose everthing,
i know many ppl who short 10or 15 class action lawsuits at a time,usually pays well,unless buying vol surges increase over a few days and they get squeezed,this could be a big squeeze with this float and 53% short
if you read even todays news(which IMO is just designed to try to keep the stock down so the officers can buy darn cheap), that the plaintiff(shareholders) dont have a leg to stand on. its all hearsay
the only reason it cratered was the lawsuit against them. but its pretty clear that isnt going to amount to much. This could go to 10 easily based on that IMO and low SS.
astronomical potential,its getting found now,chartable,predictable bounces off the ma's,i like it,nice find!!!
this IMO is set for a 1000% increase. seems like im the only one left here. so be it!
im getting the feeling this is going to make a move like HOLO just did(1.50 to 32.00)
Why don't you put it on the DD board?
And you need to add the ticker to the board header here. The board can only be found by using the full company name. I wrote to Shelly about that, but you could fix it first.
Thanks! That's good.
Hilarious
This short podcast is about the growing prevalence of scams
The Nasdaq says it does background checks. Obviously that IS a joke. From Hindenburg:
$MSS's prospectus auditor was Friedman LLP, previously charged by the SEC over failure to detect fraud at another Asian supermarket chain, iFresh.
iFresh was delisted & now trades at $0.0006 on the OTC pink sheets.
One of MSS’ stores, in El Monte, was once an iFresh location.
Well, chuckle, NASDAQ makes money from listing fees
What this says to me is they don’t bother vetting them
I have a website bookmarked for upcoming IPOs
What I see is companies looking to go public on NASDAQ with maybe a couple million shares
That is just ridiculous
No, it did an IPO. It's very bad. Seems some EB-5 visa fraud may be involved. Read what Hindenburg has to say. Click on the tweet and check out the replies.
Obviously the Nasdaq isn't checking ANYTHING when it lists a new stock.
HA exclamation point
Hindenburg digs deep
Is it a SPAC stock
You need to add the ticker to the board header, or searches for it won't turn it up. Nor will a chart and quote.
And notably, Hindenburg went after the stock on Friday, with the usual results. It's a real stinker:
Maison Solutions is a company that took 6 California Asian-themed grocery stores public on the Nasdaq in October.
— Hindenburg Research (@HindenburgRes) December 15, 2023
The company also owns a 10% equity interest in a Dai Cheong Trading, a distribution company owned by $MSS controlling holder, Chairman and CEO, John Xu.
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