No earnings call transcript quotes are available for QQ2 2024 in the provided dataset.
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03Detailed Report
MSS
Company MSS
Period
Q2 2024
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 25, 2026
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Executive Summary
Maison Solutions Inc (MSS) reported QQ2 2024 revenue of $31.02 million, up 4.62% QoQ and 125.33% YoY, signaling substantial topline momentum likely reflecting store network activity or category expansion. Despite the strong revenue trajectory, profitability remained constrained, with net income of -$0.256 million and an EPS of -$0.0147, driven in part by a tax-related expense and sustained SG&A investments. EBITDA was $0.750 million, and operating income stood at $0.671 million, translating into an operating margin of 2.16% and an EBITDAR of 2.42% of revenue, indicating modest profitability on core operations while leveraging fixed costs and SG&A.
Key Performance Indicators
Revenue
Increasing
31.02M
QoQ: 4.62% | YoY: 125.33%
Gross Profit
Increasing
8.15M
26.28% margin
QoQ: -1.38% | YoY: 161.01%
Operating Income
Increasing
671.37K
QoQ: -58.93% | YoY: 164.50%
Net Income
Decreasing
-256.01K
QoQ: -136.53% | YoY: -379.90%
EPS
Decreasing
-0.01
QoQ: -136.57% | YoY: -247.00%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue: $31.0199M, YoY +125.3%, QoQ +4.6%; Gross Profit: $8.1519M, Gross Margin 26.28%; Operating Income: $0.6714M, Operating Margin 2.16%; EBITDA: $0.7500M, EBITDA Margin 2.42%; Net Income: -$0.2560M, Net Margin -0.83%; EPS: -$0.0147; Free Cash Flow: $1.2248M; Cash from Ops: $1.1221M; Capex: $0.1026M; Cash at End: $0.3567M; Current Ratio: 0.478x; Quick Ratio: 0.182x; Cash Ratio: 0.0119x. Leverage metrics show Total Debt $54.4059M, Long-Term Debt $40.3749M, Debt/Equity ~4.97x, Debt to Capitalization 0.833, and Debt to Assets 0.658.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
31.02M
125.33%
4.62%
Gross Profit
8.15M
161.01%
-1.38%
Operating Income
671.37K
164.50%
-58.93%
Net Income
-256.01K
-379.90%
-136.53%
EPS
-0.01
-247.00%
-136.57%
Key Financial Ratios
Gross Profit Margin
Fair
26.30%
Gross profit margin is moderate, room for improvement in cost management
Operating Profit Margin
Weak
2.16%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Weak
-0.01%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
0.00%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
-0.02%
Return on equity suggests inefficient capital allocation
Current Ratio
Concern
0.48
Current ratio below safe levels, potential liquidity risk
Debt to Equity
High Risk
4.97
Debt-to-equity indicates high leverage and elevated financial risk
P/E Ratio
Negative
-15.34x
Negative earnings make P/E ratio not meaningful
Price to Book
Fair Value
1.44x
Price-to-book ratio reasonable for profitable companies
Management Insights Available for Members
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