Massimo Group (NASDAQ: MAMO), a provider of powersports vehicles and related equipment, reported revenue of $16.99 million and net income of $1.53 million for the three months ended Sept. 30, 2025, marking a significant improvement from a net loss of $2.50 million in the prior-year period. Gross profit rose to $7.13 million with a 42% margin—up from 27% in Q3 2024—driven by a more profitable product mix, pricing optimization, and cost efficiencies. Operating expenses declined 20% year-over-year to $5.35 million, supporting income from operations of $1.79 million versus $0.30 million last year. The company said its sequential improvement from Q1 to Q3 reflects disciplined expense management and a successful shift toward higher-margin products.

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About Massimo Group

Massimo Group is a manufacturer and distributor of powersports and electric vehicles headquartered in Garland, Texas. The company’s portfolio includes UTVs, ATVs, e-bikes, and electric utility vehicles known for performance, reliability, and value.

NOTE TO INVESTORS: The latest news and updates relating to MAMO are available in the company’s newsroom at https:/ibn.fm/MAMO

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