Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Maison Solutions Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2023
FY2024
FY2025
Revenue
42
55.4
58
124
Cost of revenue
33.7
42.9
46.4
97.9
Gross profit
8.29
12.5
11.6
26.3
General and administrative
3
3.89
4.17
7.89
Operating expenses
9.11
12.4
14.3
27.6
Operating income
-0.83
0.08
-2.7
-1.27
Interest expense
0.03
0.12
1.17
Interest income
0.12
0.12
Other non-operating income
0.2
1.89
-0.24
2.36
Pre-tax income
-1.02
1.98
-2.95
1.09
Income tax
0.03
0.34
0.44
0.17
Net income to minority interests
-0.09
0.39
-0.05
-0.25
Net income
0.66
1.25
-3.34
1.17
EBITDA
-0.43
0.41
-2.44
-0.23
EPS, basic
-0.04
0.08
-0.19
0.07
EPS, diluted
-0.04
0.08
-0.19
0.07
Shares, basic (weighted)
16
16
17.9
17.5
Shares, diluted (weighted)
16
16
17.9
17.7
Balance sheet
FY2023
FY2023
FY2024
FY2025
Cash and equivalents
0.9
2.57
2.07
0.78
Receivables
0.32
0.11
2.66
Inventory
2.32
2.98
6.8
5.32
Other current assets
0.27
0.55
1.24
0.69
Total current assets
9.06
8.29
14
12.5
Property, plant and equipment
0.55
0.67
2.33
1.65
Lease right-of-use assets
15.9
22.5
40.7
35.7
Goodwill
2.22
14.9
14.9
Intangible assets
0.02
0.2
7.98
7.42
Total assets
26.1
34.6
82.4
77.4
Accounts payable
3.37
3.11
5.39
7.99
Accrued liabilities
0.13
Deferred revenue
0.37
0.45
0.97
0.7
Total current liabilities
7.54
8.37
28.8
21.9
Long-term debt
0.75
Lease liabilities
16.6
22.7
39
35.2
Total liabilities
26.9
33.8
71.7
65.7
Total debt
2.62
2.56
2.62
Paid-in capital
13.3
13.3
Retained earnings
-0.73
0.52
-2.82
-1.65
Shareholders' equity
-0.73
0.52
10.5
11.7
Minority interests
-0.12
0.27
0.22
-0.03
Total equity
-0.85
0.79
10.7
11.6
Total liabilities and equity
26.1
34.6
82.4
77.4
Cash flow statement
FY2023
FY2023
FY2024
FY2025
Net income
-0.66
1.64
-3.39
0.92
Depreciation and amortization
0.4
0.33
0.27
1.04
Deferred income tax
-0
-0.01
-0.09
Change in receivables
-0.26
0.2
-2.55
Change in inventory
-0.39
0.34
0.91
0.77
Cash from operations
1.49
0.48
-3.5
4.76
Capital expenditures
-0.06
-0.05
Acquisitions
-2.5
2.07
Cash from investing
-3.28
1.86
-10.1
-0.24
Debt repaid
-0.37
Stock issued
13.3
Cash from financing
1.98
-0.75
13.1
-5.82
Net change in cash
0.18
1.6
-0.5
-1.3
Free cash flow
1.43
0.43
Interest paid
0.07
0.07
0.1
1.03
Income taxes paid
0
0.01
0.97
0.12
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to January 31, 2026; growth uses fiscal years. Valuation uses the share price of $1.62 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
20.1%
Gross profit / revenue.
Operating margin
-8.0%
Operating income / revenue.
EBITDA margin
-7.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-11.1%
Pre-tax income / revenue.
Net margin
-10.1%
Net income / revenue.
Operating cash flow margin
-0.6%
Cash from operations / revenue.
Return on equity (ROE)
-155.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-16.7%
Net income / average total assets.
Return on invested capital (ROIC)
-85.1%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue
0.8%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
114.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
43.6%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
126.7%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
47.0%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 3y
21.3%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 3y
47.3%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
11.1%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-6.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
43.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
-0.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
3.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.67x
Current assets / current liabilities.
Quick ratio
0.10x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.08x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.33x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
3.6%
Total debt / total assets.
Liabilities / assets
89.5%
Total liabilities / total assets.
Net debt
$1.1M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.33
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$3.26
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.02
Cash from operations / diluted weighted shares.
Book value per share
$0.21
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.01x
Market cap / revenue.
P/B
0.18x
Market cap / shareholders' equity. Only when equity is positive.
EV/Sales
0.02x
Enterprise value / revenue.
Earnings yield
-866.8%
Net income / market cap (the inverse of P/E).
What was Maison Solutions Inc.'s revenue in fiscal 2025?
Maison Solutions Inc. reported revenue of $124.2M for fiscal 2025, 114% higher than the year before.
Was Maison Solutions Inc. profitable in fiscal 2025?
Yes. Net income was $1.2M, a net margin of 0.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.