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Side-by-side financial comparison of Massimo Group (MAMO) and Venus Concept Inc. (VERO). Click either name above to swap in a different company.

Massimo Group is the larger business by last-quarter revenue ($21.0M vs $13.8M, roughly 1.5× Venus Concept Inc.). Massimo Group runs the higher net margin — 9.5% vs -163.8%, a 173.3% gap on every dollar of revenue. On growth, Massimo Group posted the faster year-over-year revenue change (15.7% vs -8.2%). Over the past eight quarters, Venus Concept Inc.'s revenue compounded faster (-12.8% CAGR vs -16.5%).

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.

Venus Concept Inc is a global medical technology firm specializing in the development, manufacturing, and distribution of non-invasive and minimally invasive aesthetic medical devices. Its product portfolio covers hair removal, skin rejuvenation, body contouring, and anti-aging solutions, serving dermatology clinics, plastic surgery centers, and medical spas across North America, Europe, and Asia Pacific markets.

MAMO vs VERO — Head-to-Head

Bigger by revenue
MAMO
MAMO
1.5× larger
MAMO
$21.0M
$13.8M
VERO
Growing faster (revenue YoY)
MAMO
MAMO
+23.9% gap
MAMO
15.7%
-8.2%
VERO
Higher net margin
MAMO
MAMO
173.3% more per $
MAMO
9.5%
-163.8%
VERO
Faster 2-yr revenue CAGR
VERO
VERO
Annualised
VERO
-12.8%
-16.5%
MAMO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MAMO
MAMO
VERO
VERO
Revenue
$21.0M
$13.8M
Net Profit
$2.0M
$-22.6M
Gross Margin
41.5%
64.0%
Operating Margin
13.1%
-68.9%
Net Margin
9.5%
-163.8%
Revenue YoY
15.7%
-8.2%
Net Profit YoY
215.0%
-143.0%
EPS (diluted)
$0.05
$-12.14

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
MAMO
MAMO
VERO
VERO
Q4 25
$21.0M
Q3 25
$17.0M
$13.8M
Q2 25
$18.9M
$15.7M
Q1 25
$14.9M
$13.6M
Q4 24
$18.2M
$15.8M
Q3 24
$25.6M
$15.0M
Q2 24
$35.4M
$16.6M
Q1 24
$30.2M
$17.5M
Net Profit
MAMO
MAMO
VERO
VERO
Q4 25
$2.0M
Q3 25
$1.5M
$-22.6M
Q2 25
$77.7K
$-11.7M
Q1 25
$-2.1M
$-12.4M
Q4 24
$-1.7M
$-8.0M
Q3 24
$-2.5M
$-9.3M
Q2 24
$2.8M
$-20.0M
Q1 24
$3.2M
$-9.8M
Gross Margin
MAMO
MAMO
VERO
VERO
Q4 25
41.5%
Q3 25
42.0%
64.0%
Q2 25
36.3%
60.1%
Q1 25
28.4%
64.2%
Q4 24
19.6%
69.1%
Q3 24
27.2%
66.1%
Q2 24
32.5%
71.5%
Q1 24
34.7%
66.6%
Operating Margin
MAMO
MAMO
VERO
VERO
Q4 25
13.1%
Q3 25
10.5%
-68.9%
Q2 25
0.8%
-57.6%
Q1 25
-18.2%
-69.8%
Q4 24
-15.4%
-42.3%
Q3 24
1.2%
-47.7%
Q2 24
10.1%
-33.7%
Q1 24
13.2%
-44.4%
Net Margin
MAMO
MAMO
VERO
VERO
Q4 25
9.5%
Q3 25
9.0%
-163.8%
Q2 25
0.4%
-74.7%
Q1 25
-14.0%
-90.6%
Q4 24
-9.5%
-50.5%
Q3 24
-9.8%
-61.9%
Q2 24
8.0%
-120.3%
Q1 24
10.6%
-56.0%
EPS (diluted)
MAMO
MAMO
VERO
VERO
Q4 25
$0.05
Q3 25
$0.04
$-12.14
Q2 25
$0.00
$-8.03
Q1 25
$-0.05
$-17.44
Q4 24
$-0.05
$-10.26
Q3 24
$-0.06
$-13.10
Q2 24
$0.07
$-30.93
Q1 24
$0.08
$-16.92

Balance Sheet & Financial Strength

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

Metric
MAMO
MAMO
VERO
VERO
Cash + ST InvestmentsLiquidity on hand
$5.8M
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.7M
$2.7M
Total Assets
$51.4M
$61.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMO
MAMO
VERO
VERO
Q4 25
$5.8M
Q3 25
$2.6M
$4.3M
Q2 25
$3.9M
Q1 25
$3.0M
$3.2M
Q4 24
$10.2M
$4.3M
Q3 24
$4.5M
Q2 24
$5.7M
Q1 24
$5.1M
Stockholders' Equity
MAMO
MAMO
VERO
VERO
Q4 25
$23.7M
Q3 25
$21.7M
$2.7M
Q2 25
$20.2M
$2.3M
Q1 25
$19.9M
$2.3M
Q4 24
$21.7M
$2.4M
Q3 24
$22.5M
$10.1M
Q2 24
$24.7M
$3.7M
Q1 24
$18.1M
$-22.5M
Total Assets
MAMO
MAMO
VERO
VERO
Q4 25
$51.4M
Q3 25
$44.4M
$61.6M
Q2 25
$45.9M
$63.1M
Q1 25
$46.4M
$63.5M
Q4 24
$54.9M
$68.2M
Q3 24
$57.1M
$72.3M
Q2 24
$49.9M
$79.8M
Q1 24
$47.3M
$85.1M

Cash Flow & Capital Efficiency

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

Metric
MAMO
MAMO
VERO
VERO
Operating Cash FlowLast quarter
$4.0M
$-4.9M
Free Cash FlowOCF − Capex
$-4.9M
FCF MarginFCF / Revenue
-35.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMO
MAMO
VERO
VERO
Q4 25
$4.0M
Q3 25
$633.2K
$-4.9M
Q2 25
$-1.4M
$-5.4M
Q1 25
$-3.3M
$-6.3M
Q4 24
$9.1M
$-3.8M
Q3 24
$4.7M
$-3.0M
Q2 24
$-6.5M
$-1.3M
Q1 24
$-637.0K
$-2.9M
Free Cash Flow
MAMO
MAMO
VERO
VERO
Q4 25
Q3 25
$-4.9M
Q2 25
$-5.6M
Q1 25
$-6.3M
Q4 24
$9.0M
$-3.9M
Q3 24
$4.6M
$-3.1M
Q2 24
$-6.7M
$-1.4M
Q1 24
$-741.4K
$-2.9M
FCF Margin
MAMO
MAMO
VERO
VERO
Q4 25
Q3 25
-35.6%
Q2 25
-35.8%
Q1 25
-46.5%
Q4 24
49.7%
-24.7%
Q3 24
18.1%
-20.3%
Q2 24
-19.0%
-8.2%
Q1 24
-2.5%
-16.6%
Capex Intensity
MAMO
MAMO
VERO
VERO
Q4 25
Q3 25
0.1%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
0.2%
0.5%
Q3 24
0.3%
0.0%
Q2 24
0.7%
0.1%
Q1 24
0.3%
0.1%
Cash Conversion
MAMO
MAMO
VERO
VERO
Q4 25
2.01×
Q3 25
0.41×
Q2 25
-17.92×
Q1 25
Q4 24
Q3 24
Q2 24
-2.30×
Q1 24
-0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAMO
MAMO

Segment breakdown not available.

VERO
VERO

Products And Services$10.8M79%
Leases$2.9M21%

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