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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, a Nevada corporation trading on Nasdaq under the symbol MAMO, operates as a U.S.-based provider of utility-focused powersports and recreational vehicles serving rural, agricultural, and commercial customers through a nationwide distribution and service network. The company manufactures, imports, and… From the company’s description.

Fiscal year 2025Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$71.83M
−34.3% year over year
Last 12 mo $65.64M
2.76%
−1.9 percentage points
Last 12 mo 7.87%
$1.51M
−14.3% year over year
Last 12 mo $3.97M
6.37%
−1.3 percentage points
Last 12 mo 16.47%
Cash & financing
$-0.10M
−101.5% year over year
Last 12 mo $4.56M
$-0.16M
−102.6% year over year
Last 12 mo $3.83M
0.00
Was 0.00× a year earlier
Last 12 mo 0.00
41.6M
+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, a Nevada corporation trading on Nasdaq under the symbol MAMO, operates as a U.S.-based provider of utility-focused powersports and recreational vehicles serving rural, agricultural, and commercial customers through a nationwide distribution and service network. The company manufactures, imports, and distributes a diversified portfolio including utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), golf carts, electric utility carts, motorcycles, go-karts, youth products, and pontoon boats, along with a comprehensive range of accessories and replacement parts.

The company's strategic positioning centers on transitioning the traditional powersports category toward utility-driven, all-weather mobility solutions designed for year-round use. A core focus involves advancing the UTV category through fully enclosed, HVAC-equipped vehicles such as the Sentinel series, enabling operation across diverse climates and working environments for agricultural, commercial, and recreational applications. The electric cart platform represents a growing segment, particularly for commercial and fleet applications requiring year-round usability.

Massimo operates from a 376,000 square-foot facility in Dallas, Texas, comprising 280,000 square feet dedicated to Massimo Motor Sports and 96,000 square feet to Massimo Marine. The facility includes design and testing capabilities, assembly lines, a 40,000 square-foot parts department, and over 30 loading docks. The company manufactures pontoon boats at this location while sourcing substantially all other products from a global network of manufacturing partners, with the majority located in China. In June 2024, Massimo expanded distribution capabilities through a strategic partnership with Armlogi, a warehousing and logistics provider, gaining access to facilities in Savannah, Georgia; Edison, New Jersey; and Walnut, California.

The company maintains approximately 2,800 dealer locations across the United States and significant retail partnerships with Tractor Supply Co., Lowe's, and Walmart. In March 2025, Massimo enhanced its omnichannel distribution through an e-commerce platform partnership with Ekho Dealer, enabling customers to browse, configure, and purchase vehicles online while integrating with the dealer network for fulfillment and service. As of March 2026, the company employed approximately 100 people across management, sales, service, manufacturing, quality control, and research and development functions. The company holds eight issued U.S. patents protecting various product designs and technologies.

Company details
Sector
Industrials
Industry
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
0.00%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
0.00%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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