Massimo Group Common Stock (MAMO) Stock

Massimo Group Common Stock (MAMO) is a Consumer Discretionary stock trading at $1.02 (as of 2026-08-20), with a market capitalization of $42.68M and a trailing P/E of 10.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Please provide the company’s SEC 10-K Item 1 (“Business”) text so I can base the description on the primary source; the secondary summary alone is not sufficient under the stated requirements.

Understand Massimo Group Common Stock: how it makes money

Massimo Group manufactures, imports, distributes, and sells utility terrain vehicles, all-terrain vehicles, pontoon and tritoon boats, plus related powersports products and accessory lines, earning revenue from product sales through a dealership and distributor network, chain stores, and an e-commerce marketplace.

Profitability is structurally driven by how much the company can produce and successfully sell across its multi-product portfolio, with sales channeled through dealerships, distributors, chain stores, and e-commerce, so production capacity and retail coverage directly support unit sales.

Revenue by segment (latest quarter)
UTV/ATV + e-bikes	$0.0B
Pontoon boats	$0.0B

Business quality (Weak): The company shows a mixed recent picture, with gross margin of 39.9% but an operating margin of -8.2% (2026-03-31), and the provided segment revenue data indicates very limited sales contribution in the period, which makes interpreting performance and momentum difficult.

Valuation: At 14× earnings, MAMO trades 31% below the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

Multi-category product portfolio: It manufactures and sells utility terrain vehicles, all-terrain vehicles, pontoon and tritoon boats, and also offers motorcycles, scooters, golf carts, and go karts and balance bikes, plus additional product lines such as EV chargers, electric coolers, power stations, and portable solar panels.
Sales network across channels: Products are sold through dealerships, distributors, and chain stores, and also through an e-commerce marketplace.

Bear case

Operating loss in the latest quarter: Operating margin was -8.2% for the 2026-03-31 period.
Pontoon boats revenue was 0.0 in the provided data: The segment revenue candidate for Pontoon Boats is 0.0, indicating limited contribution from that category in the period covered by the provided facts.

Valuation — source: SEC EDGAR (first-party)
Price	$1.02
Market Cap	$42.68M
P/E Ratio	10.8
EV / EBITDA	7.1
Price / Book	1.77
Price / Sales	0.65
FCF Yield	-0.4%
DCF Value (model)	$1.46
DCF Upside vs Price	42.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$71.83M
Net Margin	2.1%
Revenue Growth (YoY)	-21.1%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.31 (safe)

Valuation vs Sector & Industry
Stock P/E	10.8
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Automobiles & Trucks)	17.2
vs Sector	-47.4%
vs Industry	-37.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($254047.00)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Automobiles & Trucks
CEO	David Shan
Employees	100
Country	US
IPO Date	2024-04-02

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.