QualityStocksNewsBreaks – Massimo Group (NASDAQ: MAMO) Reports Q3 2025 Net Income of $1.5 Million and 42% Gross Margin, Highlighting Strong Operational Turnaround
Massimo Group (NASDAQ: MAMO), a provider of powersports vehicles and related equipment, reported revenue of $16.99 million and net income of $1.53 million for the three months ended Sept. 30, 2025, marking a significant improvement from a net loss of $2.50 million in the prior-year period. Gross profit rose to $7.13 million with a 42% margin—up from 27% in Q3 2024—driven by a more profitable product mix, pricing optimization, and cost efficiencies. Operating expenses declined 20% year-over-year to $5.35 million, supporting income from operations of $1.79 million versus $0.30 million last year. The company said its sequential improvement from Q1…