Maison Solutions Inc. (MSS) IPO Stocks Price,News,Date& information

Company Description

Modern American customers, especially those in Asian-American areas, can purchase traditional Asian cuisine and goods from Maison Solutions, a rapidly expanding specialty grocery retailer.

We are dedicated to meeting the needs of Asian-American families by offering fresh produce, meat, seafood, and other daily necessities in a way that respects traditional cultural norms and family values while also taking into account the newer, faster-paced way of life of the younger generations and the diverse nature of the neighbourhoods where we do business.

We are creating a network of center-satellite stores to do this. Since our company’s founding in July 2019, we have purchased ownership shares in four Los Angeles, California-based traditional Asian supermarkets and have been running these supermarkets as centre shops.

Our management’s acute cultural awareness of our customers’ distinctive spending patterns

The operation of these conventional supermarkets is dictated by habits.

Along with our three centre stores, we also purchased a 10% equity stake in a brand-new grocery store in the vibrant and dynamic Alhambra neighbourhood of California in December 2021.

The Alhambra Store will act as our first satellite location, as is our objective. The satellite stores in our network will be geared towards reaching out to local areas and neighbourhoods where there is a greater and steadily increasing number of youthful consumers.

Shares of our Class A common stock are being offered to the public for the first time. Our Class A common stock has never traded on a public exchange prior to this offering. Our Class A common stock’s first public offering price is anticipated to be $4.00. Given the recent market volatility, we decided to utilise $4.00 per share as the anticipated sales price for our shares in this prospectus for the purposes of calculating the expected use of proceeds, the projected dilution, and other issues. Our Class A common stock has been approved for listing on the Nasdaq Capital Market with the ticker “MSS.” The Nasdaq listing of our Class A common shares is a requirement of this offering.

Maison Solutions Inc.

CountryUnited States
Founded2019
IPO DateJun 22, 2023
IndustryGrocery Stores
SectorConsumer Staples
Employees64
CEOJohn Xu

Contact Details

Address:127 N Garfield Ave
Monterey Park, CA 91754
United States
Phone(626) 737-5888

Stock Details

Ticker SymbolMSS
ExchangeNASDAQ
Fiscal YearMay – April
Reporting CurrencyUSD
IPO Price$4.00
CIK Code0001892292
Employer ID84-2498797
SIC Code5411

Key Executives

NamePosition
John XuPresident and Chief Executive Officer and Chairman of the Board
Alexandria M. LopezChief Financial Officer and Director
Tao HanChief Operating Officer
Market Cap79.00M
Revenue (ttm)52.13M
Net Income (ttm)1.11M
Shares Out19.75M
EPS (ttm)0.06
PE Ratio71.33
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volumen/a
Openn/a
Previous Closen/a
Day’s Rangen/a
52-Week Rangen/a
Betan/a
Analystsn/a
Price Targetn/a
Earnings Daten/a

Income Statement (Annual)

Millions USD. Fiscal year is May – Apr.

Year20222021
Revenue41.9841.2
Revenue Growth (YoY)1.92%
Cost of Revenue33.732.88
Gross Profit8.298.31
Selling, General & Admin9.117.76
Operating Expenses9.117.76
Operating Income-0.830.55
Interest Expense / Income-0.040.06
Other Expense / Income-0.16-0.97
Pretax Income-0.541.34
Income Tax0.030.44
Net Income-0.661.03
Net Income Common-0.560.9
Gross Margin19.74%20.17%
Operating Margin-1.97%1.34%
Profit Margin-1.34%2.19%
Free Cash Flow Margin3.39%2.60%
Effective Tax Rate32.54%
EBITDA-0.232.1
EBITDA Margin-0.56%5.10%
Depreciation & Amortization0.440.58
EBIT-0.671.52
EBIT Margin-1.60%3.69%

Balance Sheet (Annual)

Millions USD. Fiscal year is May – Apr.

Year20222021
Cash & Equivalents0.90.71
Short-Term Investments4.410.7
Cash & Cash Equivalents5.311.41
Cash Growth275.83%
Receivables0.71.53
Inventory2.321.94
Other Current Assets0.730
Total Current Assets9.064.89
Property, Plant & Equipment0.550.93
Long-Term Investments0.2
Goodwill and Intangibles15.9117.06
Other Long-Term Assets0.380.38
Total Long-Term Assets17.0418.37
Total Assets26.123.26
Accounts Payable3.371.94
Current Debt1.561.31
Other Current Liabilities2.61.48
Total Current Liabilities7.544.74
Long-Term Debt16.5517.58
Other Long-Term Liabilities2.851.13
Total Long-Term Liabilities19.418.72
Total Liabilities26.9523.45
Total Debt18.1218.89
Debt Growth-4.11%
Common Stock-0.12-0.03
Retained Earnings-0.73-0.17
Shareholders’ Equity-0.85-0.19
Net Cash / Debt-12.81-17.48
Working Capital1.520.16

Cash Flow Statement (Annual)

Millions USD. Fiscal year is May – Apr.

Year20222021
Net Income-0.560.9
Depreciation & Amortization0.440.58
Other Operating Activities1.71-0.5
Operating Cash Flow1.491.11
Operating Cash Flow Growth34.11%
Capital Expenditures-0.06-0.04
Change in Investments-3.22-1.19
Investing Cash Flow-3.28-1.23
Debt Issued / Paid1.98-0.65
Financing Cash Flow1.98-0.65
Net Cash Flow0.18-0.77
Free Cash Flow1.421.07
Free Cash Flow Growth32.81%
Free Cash Flow Margin3.39%2.60%

Ratios and Metrics (Annual)

Millions USD. Fiscal year is May – Apr.

YearCurrent20222021
Market Capitalization79
Enterprise Value101
Debt / Equity Ratio63.32-21.39-98.39
Debt / EBITDA Ratio14.13-77.638.99
Debt / FCF Ratio20.4512.7317.62
Quick Ratio0.550.800.62
Interest Coverage25.71

Total Valuation

MSS has a market cap or net worth of $79.00 million. The enterprise value is $100.56 million.

Market Cap79.00M
Enterprise Value100.56M

Important Dates

Earnings Daten/a
Ex-Dividend Daten/a

Share Statistics

MSS has 19.75 million shares outstanding.

Shares Outstanding19.75M
Shares Change (YoY)n/a
Shares Change (QoQ)n/a
Owned by Insiders (%)n/a
Owned by Institutions (%)n/a
Floatn/a

Valuation Ratios

The trailing PE ratio is 71.33.

PE Ratio71.33
Forward PEn/a
PS Ratio1.52
Forward PSn/a
PB Ratio207.22
P/FCF Ratio66.93
PEG Ration/a

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