Massimo Group

Massimo Group reported a 14.7% decrease in revenue to $12.7 million for Q1 2026 compared to the prior year. Despite the revenue decline, the company significantly reduced its net loss by 51.8% to $1.0 million, resulting in a basic loss per share of $0.02. Gross profit increased by 20.1% to $5.1 million, and net cash used in operating activities decreased by 58.8%.

Massimo Group (MAMO) announced its 2026 Annual Meeting of Stockholders will be held virtually on May 27, 2026. Shareholders will vote on the election of four directors, the ratification of HHL LLP as the independent registered public accounting firm, and advisory approvals for executive compensation and its frequency. The Board unanimously recommends voting "FOR" all proposals, with a "ONE YEAR" recommendation for the frequency of executive compensation votes.