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Companies / Industrials / Massimo Group
MAMO

Massimo Group

IndustrialsTransportation Equipment
Ticker MAMOGARLAND, TXBook value per share $0.58Diluted shares 41.6M

Massimo Group (Nasdaq: MAMO) provides utility-focused powersports and recreational vehicles for rural, agricultural, commercial and recreational customers. Its products include utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), golf and electric utility carts, motorcycles, go-karts, youth products, pontoon… From the company’s description.

Over the twelve months to Jun 30, 2026, Massimo Group reported revenue of $65.64M, down 15.4% from a year earlier, and net income of $3.96M. Its operating margin was 7.9%, and operations generated $4.56M in cash. In fiscal 2025, it reported revenue of $71.83M, down 34.3% from fiscal 2024, and net income of $1.51M.

Fiscal year 2025Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$71.83MFY2025
−34.3% year over year
Last 12 mo $65.64M
2.76%FY2025
−1.9 percentage points
Last 12 mo 7.87%
$1.51MFY2025
−14.3% year over year
Last 12 mo $3.96M
6.37%FY2025
−4.3 percentage points
Last 12 mo 16.47%
Cash & financing
$-0.10MFY2025
−101.5% year over year
Last 12 mo $4.56M
$-0.16MFY2025
−102.6% year over year
Last 12 mo $3.83M
0.00FY2025
Was 0.00× a year earlier
Last 12 mo 0.00
41.6MFY2025
+1.2% year over year
Last 12 mo 41.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Massimo Group does

In the company’s own words

Massimo Group (Nasdaq: MAMO) provides utility-focused powersports and recreational vehicles for rural, agricultural, commercial and recreational customers. Its products include utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), golf and electric utility carts, motorcycles, go-karts, youth products, pontoon boats, accessories and outdoor equipment. The company emphasizes vehicles for practical uses such as farming, land management, property maintenance and light industrial work, including enclosed, HVAC-equipped models designed for year-round operation. Massimo sells through independent dealers, national retailers, distributors and e-commerce, supported by a nationwide dealer and service network; its customers include farmers, landowners, ranchers, households and businesses. Its operations include Massimo Motor Sports and Massimo Marine, with the latter focused on pontoon and tritoon boats manufactured at the company’s Dallas facility. Boat engines are supplied through an exclusive arrangement with Mercury Marine. In fiscal 2025, the company had approximately 100 employees and a 376,000-square-foot facility supporting assembly, boat manufacturing, product development, parts and logistics. Its website is https://www.massimomotor.com/.

Company details
Sector
Industrials
Industry (SIC)
Transportation Equipment
Headquarters
GARLAND, TX
CIK
1952853
SIC
3790

Financial performance, year by year

Fiscal 2023–2025 · USD
$-11.50M$23.01M$57.52M$92.03M$126.54M202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Massimo Group — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

8
funds hold it
0 of 35
superinvestors hold it
$0.20M
held by funds, at market
0.5%
of shares held by funds

Largest fund holders · Massimo Group’s weight in each

Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.00%of fund net assets
Fidelity Nasdaq Composite Index Fund
FNCMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Massimo Group and its peers compare on margins and cash generation over ten years?”
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