MSS Research | Milton Maxwell

MSS

Maison Solutions Inc.

0.4400

+0.0016+0.37%

Dec 16, 4:00:02 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

10.77M

P/E (TTM)

Basic EPS (TTM)

-0.02

Dividend Yield

Recent Filings

8-K

1-for-10 reverse split executed

3/27/26Mar 27, 2026

Maison Solutions executed a 1-for-10 reverse stock split on March 23, 2026, converting 27,451,517 outstanding Class A shares into approximately 2,745,151 shares to boost the per-share bid price above $1.00 and regain Nasdaq compliance under Listing Rule 5550(a)(2). No fractional shares issued; fractions rounded up. Authorized shares unchanged. Compliance kicks in after 10 consecutive days above $1.00.

10-Q

Q3 FY2026 results

3/17/26Mar 17, 2026

Maison Solutions posted Q3 revenue of $29.5M, down 8.6% y/y yet gross margin expanded to 25.5% from 21.8% on tighter costs. Operating loss hit $2.8M amid G&A surge to $6.0M from stock comp and $1.9M bad debt; net loss swelled to $5.2M, dragged by $992K derivative fair-value hit, $982K digital asset loss, and higher interest. Cash climbed to $1.5M with $912K YTD operating cash flow, $4.3M bank debt at 7.5%, $5.8M convertibles, and $2.6M SBA loans to 2050. El Monte closure trimmed drag. Nasdaq bid-price compliance hangs by July 2026.

8-K

Sells 49% stake for $1

2/4/26Feb 4, 2026

Maison Solutions sold its 49% stake in HKGF Market of Arcadia, LLC to JC Business Guys for $1.00 on January 31, 2026, closing the same day. Board approved it four days prior. The deal sheds a minority holding cleanly.

8-K

Nasdaq grants 180-day extension

1/7/26Jan 7, 2026

Maison Solutions secured a 180-day Nasdaq extension until July 6, 2026, to lift its Class A stock above $1.00 for 10 straight business days, after prior noncompliance. The company monitors bids closely. It eyes a reverse split if needed.

10-Q

Q1 FY2026 results

12/22/25Dec 22, 2025

Revenue fell 5.9% y/y to $27.6M for Q1 FY2026 ended October 31, 2025, while gross margin slipped to 23.4% from 26.9% amid inflation and competition; operating loss hit $1.4M versus prior profit, with G&A up on $1.1M stock comp. Non-GAAP metrics not disclosed in the 10-Q. Net loss from continuing ops ballooned to $5.2M, driven by $2.7M note conversion loss, $0.9M digital asset writedown, and $0.6M interest—far exceeding $1.4M operating loss. Cash grew to $1.4M; new $5.3M bank loan (7.5%, due 2030) and $6M convertibles added, offset El Monte closure. Debt covenants loom. Store closures sharpen focus.

About

Maison Solutions Inc., together with its subsidiaries, operates as a specialty grocery retailer in the United States. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products; and general merchandise, beauty care, pharmacy, and other items and services in its stores. It serves its products online. The company was formerly known as Maison International, Inc. and changed its name to Maison Solutions Inc. in September 2021. Maison Solutions Inc. was incorporated in 2019 and is headquartered in Monterey Park, California.

CEO

Mr. Jun Xu

IPO

10/5/2023

Website

https://maisonsolutionsinc.com

Employees

333

Sector

Consumer Defensive

Industry

Grocery Stores