Massimo GroupMAMOEarnings & Financial Report
Massimo Dutti, S.A. is a Spanish premium clothing retailer specializing in cashmere and wool products, established in 1985 and owned by Spanish multinational company Inditex, the parent company of Zara, Pull&Bear, and other brands.
Revenue
$18.9M
Gross Profit
$6.9M
Operating Profit
$142.1K
Net Profit
$77.7K
Gross Margin
36.3%
Operating Margin
0.8%
Net Margin
0.4%
YoY Growth
-46.6%
EPS
$0.00
Massimo Group Q2 FY2025 Financial Summary
Massimo Group reported revenue of $18.9M (down 46.6% YoY) for Q2 FY2025, with a net profit of $77.7K (down 97.2% YoY) (0.4% margin). Cost of goods sold was $12.0M, operating expenses totaled $6.7M.
Key Financial Metrics
| Total Revenue | $18.9M |
|---|---|
| Net Profit | $77.7K |
| Gross Margin | 36.3% |
| Operating Margin | 0.8% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Massimo Group Q2 FY2025 revenue of $18.9M breaks down across 2 segments, led by UT Vs And AT Vs Electric Bikes at $17.6M (93.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| UT Vs And AT Vs Electric Bikes | $17.6M | 93.1% |
| Pontoon Boats | $1.3M | 6.9% |
Massimo Group Revenue by Segment — Quarterly Trend
Massimo Group revenue by segment across the last 4 reported quarters, showing how each business line (such as UT Vs And AT Vs Electric Bikes and Pontoon Boats) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| UT Vs And AT Vs Electric Bikes | $21.0M | $16.4M | $17.6M | $15.4M |
| Pontoon Boats | — | — | $1.3M | — |
Massimo Group Annual Revenue by Year
Massimo Group annual revenue history includes year-by-year totals (for example, 2025 revenue was $71.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $71.8M |
| 2024 | $109.3M |
Massimo Group Quarterly Revenue & Net Profit History
Massimo Group results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $21.0M | +15.7% | $2.0M | 9.5% |
| Q3 FY2025 | $17.0M | -33.6% | $1.5M | 9.0% |
| Q2 FY2025 | $18.9M | -46.6% | $77.7K | 0.4% |
| Q1 FY2025 | $14.9M | -50.6% | $-2.1M | -14.0% |
| Q4 FY2024 | $18.2M | — | $-1.7M | -9.5% |
| Q3 FY2024 | $25.6M | — | $-2.5M | -9.8% |
| Q2 FY2024 | $35.4M | — | $2.8M | 8.0% |
| Q1 FY2024 | $30.2M | — | $3.2M | 10.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.2M | $35.4M | $25.6M | $18.2M | $14.9M | $18.9M | $17.0M | $21.0M |
| YoY Growth | N/A | N/A | N/A | N/A | -50.6% | -46.6% | -33.6% | 15.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $47.3M | $49.9M | $57.1M | $54.9M | $46.4M | $45.9M | $44.4M | $51.4M |
| Liabilities | $29.1M | $25.1M | $34.5M | $33.2M | $26.4M | $25.8M | $22.7M | $27.7M |
| Equity | $18.1M | $24.7M | $22.5M | $21.7M | $19.9M | $20.2M | $21.7M | $23.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-636990 | $-6.5M | $4.7M | $9.1M | $-3.3M | $-1.4M | $633230 | $4.0M |