MALG Research | Milton Maxwell

MALG

Microalliance Group Inc.

1.7800

+0.0000+0%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

1.08B

P/E (TTM)

4.56

Basic EPS (TTM)

0.39

Dividend Yield

Recent Filings

10-Q

Q3 FY2022 results

11/14/22Nov 14, 2022

Microalliance posted Q3 revenue of $3.8M, down 75% y/y from $15.0M amid COVID lockdowns in Guangdong and Shanghai that crushed franchisee transactions (88% of sales), yet gross margins held at 53.5% versus 70.6% last year due to heavier low-margin liquor mix. Operating profit fell to $1.6M from $9.9M, but YTD net income of $5.7M beat halved revenue at 40% margins while expenses rose modestly on fixed costs. Cash swelled to $3.7M with $2.8M operating inflow; inventories climbed to $17.9M on raw materials. No debt. PRC political risks loom large.

10-Q

Q2 FY2022 results

8/15/22Aug 15, 2022

Microalliance posted Q2 revenue of $4.0M, down 57% y/y from $9.5M yet gross margins held at 66.5% versus 70.7%, as franchise fees cratered while liquor sales to franchisees comprised over half. Operating profit slid to $2.1M from $6.3M y/y, with expenses up on consultancy and salaries; net income landed at $1.5M or $0.003/share on 600M diluted shares. YTD revenue fell 23% y/y to $10.6M, net $4.5M, but cash burned $666K on inventory buildup to $19.0M amid COVID lockdowns. Cash sits at $471K; no debt. Customer concentration shifted. Weak controls persist.

10-Q

Q1 FY2022 results

5/16/22May 16, 2022

Microalliance Group posted Q1 revenue of $6.6M, up 49.6% y/y from $4.4M, driven by franchise fees and income at $459K and new franchisee transactions at $3.7M; product sales dipped to $2.4M. Gross margin slipped to 72.3% from 78.8% yet operating profit climbed 28% y/y to $4.1M, with net profit at $3.0M or $0.005 diluted EPS on 609M shares. Cash dipped to $59K amid $1.1M operating outflow from inventory builds, but working capital surplus hit $30.8M with no debt. Franchise momentum accelerates. Customer concentration persists.

10-K

FY2021 results

3/31/22Mar 31, 2022

Microalliance Group exploded revenue to $37.4M in FY2021 ended December 31, 2021—a 3,031% y/y surge (derived)—fueled by liquor products and the June Nainiang Liquor acquisition that added $21.6M topline. Gross margins compressed to 72% from 85% due to lower-margin liquor, yet operating income hit $24.9M versus a $0.6M loss prior year. Q4 momentum carried the year as COVID restrictions eased, boosting franchise fees to $0.8M and franchisee sales to $25.2M. Cash swelled to $1.2M with $1.3M operating inflow; no debt or buybacks. Chinese government intervention risks quarterly sales momentum.

8-K

Name change approved

12/27/21Dec 27, 2021

Fountain Healthy Aging, Inc. shareholders, wielding 99.90% voting power, approved a name change to Microalliance Group Inc. via written consent on December 20, 2021; the board greenlit it earlier on November 15. Filing awaits FINRA clearance. Name shifts signal rebrand. No other impacts disclosed.

About

Microalliance Group Inc., through its subsidiaries, develops, produces, markets, and sells coffee tea products in the People's Republic of China. It also offers black coffee, Chinese black tea's taste, and other coffee products. The company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers through its e-commerce channels. In addition, it provides pre-opening assistance services to retail partners to operate coffee stores. Further, the company offers liquor products through sales agents, distributors, and franchisees. Microalliance Group Inc. was formerly known as Fountain Healthy Aging, Inc. and changed its name to Microalliance Group Inc. in February 2022. The company is based in Shenzhen, the People's Republic of China.

CEO

Ms. Hong Zhu

IPO

6/26/2006

Employees

Sector

Consumer Defensive

Industry

Packaged Foods