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Side-by-side financial comparison of AMES NATIONAL CORP (ATLO) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

Maison Solutions Inc. is the larger business by last-quarter revenue ($27.6M vs $18.7M, roughly 1.5× AMES NATIONAL CORP). AMES NATIONAL CORP runs the higher net margin — 34.9% vs -18.0%, a 52.9% gap on every dollar of revenue. On growth, AMES NATIONAL CORP posted the faster year-over-year revenue change (26.7% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 19.5%).

Ames National Corp is a U.S. financial holding company based in Iowa. It operates multiple community banking subsidiaries, offering retail and commercial financial services including deposit accounts, personal and business loans, mortgages, and wealth management, primarily serving consumers and SMEs across central Iowa.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

ATLO vs MSS — Head-to-Head

Bigger by revenue
MSS
MSS
1.5× larger
MSS
$27.6M
$18.7M
ATLO
Growing faster (revenue YoY)
ATLO
ATLO
+37.6% gap
ATLO
26.7%
-10.9%
MSS
Higher net margin
ATLO
ATLO
52.9% more per $
ATLO
34.9%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
19.5%
ATLO

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ATLO
ATLO
MSS
MSS
Revenue
$18.7M
$27.6M
Net Profit
$6.5M
$-5.0M
Gross Margin
23.4%
Operating Margin
44.3%
-4.9%
Net Margin
34.9%
-18.0%
Revenue YoY
26.7%
-10.9%
Net Profit YoY
85.4%
-1840.5%
EPS (diluted)
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATLO
ATLO
MSS
MSS
Q4 25
$18.7M
$27.6M
Q3 25
$16.6M
$27.2M
Q2 25
$16.1M
$34.4M
Q1 25
$15.5M
$32.3M
Q4 24
$14.7M
$29.4M
Q3 24
$13.5M
$28.2M
Q2 24
$13.5M
$16.9M
Q1 24
$13.1M
$13.6M
Net Profit
ATLO
ATLO
MSS
MSS
Q4 25
$6.5M
$-5.0M
Q3 25
$4.6M
$-1.5M
Q2 25
$4.5M
$-287.4K
Q1 25
$3.4M
$1.0M
Q4 24
$3.5M
$-256.0K
Q3 24
$2.2M
$700.9K
Q2 24
$2.2M
$-2.8M
Q1 24
$2.3M
$-549.0K
Gross Margin
ATLO
ATLO
MSS
MSS
Q4 25
23.4%
Q3 25
24.1%
Q2 25
9.5%
Q1 25
21.8%
Q4 24
26.9%
Q3 24
28.9%
Q2 24
13.0%
Q1 24
23.4%
Operating Margin
ATLO
ATLO
MSS
MSS
Q4 25
44.3%
-4.9%
Q3 25
34.5%
0.7%
Q2 25
35.0%
-15.9%
Q1 25
27.4%
3.7%
Q4 24
29.4%
3.2%
Q3 24
19.4%
7.3%
Q2 24
19.0%
-14.4%
Q1 24
20.8%
-2.3%
Net Margin
ATLO
ATLO
MSS
MSS
Q4 25
34.9%
-18.0%
Q3 25
27.5%
-5.7%
Q2 25
28.0%
-0.8%
Q1 25
22.3%
3.1%
Q4 24
23.8%
-0.9%
Q3 24
16.4%
2.5%
Q2 24
16.2%
-16.4%
Q1 24
17.6%
-4.0%
EPS (diluted)
ATLO
ATLO
MSS
MSS
Q4 25
$-0.23
Q3 25
$-0.08
Q2 25
$-0.02
Q1 25
$0.06
Q4 24
$-0.01
Q3 24
$0.04
Q2 24
$-0.16
Q1 24
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATLO
ATLO
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$126.8M
Total DebtLower is stronger
$18.4M
$2.6M
Stockholders' EquityBook value
$207.9M
$11.6M
Total Assets
$2.1B
$75.4M
Debt / EquityLower = less leverage
0.09×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATLO
ATLO
MSS
MSS
Q4 25
$126.8M
Q3 25
$108.2M
$1.1M
Q2 25
$95.2M
$775.4K
Q1 25
$163.4M
$445.4K
Q4 24
$101.2M
$355.7K
Q3 24
$59.0M
$588.9K
Q2 24
$63.4M
$2.1M
Q1 24
$111.4M
$9.4M
Total Debt
ATLO
ATLO
MSS
MSS
Q4 25
$18.4M
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
$20.0M
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
ATLO
ATLO
MSS
MSS
Q4 25
$207.9M
$11.6M
Q3 25
$200.6M
$10.1M
Q2 25
$193.0M
$11.7M
Q1 25
$183.1M
$12.0M
Q4 24
$174.7M
$10.9M
Q3 24
$183.4M
$11.2M
Q2 24
$167.1M
$10.5M
Q1 24
$165.5M
$13.3M
Total Assets
ATLO
ATLO
MSS
MSS
Q4 25
$2.1B
$75.4M
Q3 25
$2.1B
$73.3M
Q2 25
$2.1B
$77.4M
Q1 25
$2.2B
$82.7M
Q4 24
$2.1B
$82.7M
Q3 24
$2.1B
$82.1M
Q2 24
$2.1B
$82.4M
Q1 24
$2.2B
$44.2M
Debt / Equity
ATLO
ATLO
MSS
MSS
Q4 25
0.09×
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
0.11×
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATLO
ATLO
MSS
MSS
Operating Cash FlowLast quarter
$21.3M
$-1.7M
Free Cash FlowOCF − Capex
$20.7M
FCF MarginFCF / Revenue
110.8%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$34.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATLO
ATLO
MSS
MSS
Q4 25
$21.3M
$-1.7M
Q3 25
$2.8M
$1.1M
Q2 25
$4.0M
$-1.6M
Q1 25
$7.1M
$1.7M
Q4 24
$14.3M
$1.1M
Q3 24
$3.1M
$3.6M
Q2 24
$3.9M
$-2.6M
Q1 24
$1.4M
$-1.4M
Free Cash Flow
ATLO
ATLO
MSS
MSS
Q4 25
$20.7M
Q3 25
$2.6M
Q2 25
$3.9M
Q1 25
$6.9M
Q4 24
$14.0M
Q3 24
$3.0M
Q2 24
$3.8M
Q1 24
$1.3M
FCF Margin
ATLO
ATLO
MSS
MSS
Q4 25
110.8%
Q3 25
16.0%
Q2 25
24.2%
Q1 25
44.8%
Q4 24
94.9%
Q3 24
22.5%
Q2 24
28.1%
Q1 24
10.0%
Capex Intensity
ATLO
ATLO
MSS
MSS
Q4 25
3.4%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
1.3%
Q4 24
2.0%
Q3 24
0.5%
Q2 24
0.7%
Q1 24
0.5%
Cash Conversion
ATLO
ATLO
MSS
MSS
Q4 25
3.28×
Q3 25
0.60×
Q2 25
0.89×
Q1 25
2.07×
1.66×
Q4 24
4.07×
Q3 24
1.40×
5.12×
Q2 24
1.78×
Q1 24
0.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATLO
ATLO

Segment breakdown not available.

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

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