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

ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $27.6M, roughly 1.6× Maison Solutions Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs -18.0%, a 34.9% gap on every dollar of revenue.

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.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

MSS vs RERE — Head-to-Head

Bigger by revenue
RERE
RERE
1.6× larger
RERE
$43.2M
$27.6M
MSS
Higher net margin
RERE
RERE
34.9% more per $
RERE
16.9%
-18.0%
MSS

Income Statement — Q2 FY2026 vs Q1 FY2023

Metric
MSS
MSS
RERE
RERE
Revenue
$27.6M
$43.2M
Net Profit
$-5.0M
$7.3M
Gross Margin
23.4%
Operating Margin
-4.9%
Net Margin
-18.0%
16.9%
Revenue YoY
-10.9%
Net Profit YoY
-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
MSS
MSS
RERE
RERE
Q4 25
$27.6M
Q3 25
$27.2M
Q2 25
$34.4M
Q1 25
$32.3M
Q4 24
$29.4M
Q3 24
$28.2M
Q2 24
$16.9M
Q1 24
$13.6M
Net Profit
MSS
MSS
RERE
RERE
Q4 25
$-5.0M
Q3 25
$-1.5M
Q2 25
$-287.4K
Q1 25
$1.0M
Q4 24
$-256.0K
Q3 24
$700.9K
Q2 24
$-2.8M
Q1 24
$-549.0K
Gross Margin
MSS
MSS
RERE
RERE
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
MSS
MSS
RERE
RERE
Q4 25
-4.9%
Q3 25
0.7%
Q2 25
-15.9%
Q1 25
3.7%
Q4 24
3.2%
Q3 24
7.3%
Q2 24
-14.4%
Q1 24
-2.3%
Net Margin
MSS
MSS
RERE
RERE
Q4 25
-18.0%
Q3 25
-5.7%
Q2 25
-0.8%
Q1 25
3.1%
Q4 24
-0.9%
Q3 24
2.5%
Q2 24
-16.4%
Q1 24
-4.0%
EPS (diluted)
MSS
MSS
RERE
RERE
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
MSS
MSS
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$228.0M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$11.6M
$557.1M
Total Assets
$75.4M
$722.9M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSS
MSS
RERE
RERE
Q4 25
Q3 25
$1.1M
Q2 25
$775.4K
Q1 25
$445.4K
Q4 24
$355.7K
Q3 24
$588.9K
Q2 24
$2.1M
Q1 24
$9.4M
Total Debt
MSS
MSS
RERE
RERE
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
MSS
MSS
RERE
RERE
Q4 25
$11.6M
Q3 25
$10.1M
Q2 25
$11.7M
Q1 25
$12.0M
Q4 24
$10.9M
Q3 24
$11.2M
Q2 24
$10.5M
Q1 24
$13.3M
Total Assets
MSS
MSS
RERE
RERE
Q4 25
$75.4M
Q3 25
$73.3M
Q2 25
$77.4M
Q1 25
$82.7M
Q4 24
$82.7M
Q3 24
$82.1M
Q2 24
$82.4M
Q1 24
$44.2M
Debt / Equity
MSS
MSS
RERE
RERE
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
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
MSS
MSS
RERE
RERE
Operating Cash FlowLast quarter
$-1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSS
MSS
RERE
RERE
Q4 25
$-1.7M
Q3 25
$1.1M
Q2 25
$-1.6M
Q1 25
$1.7M
Q4 24
$1.1M
Q3 24
$3.6M
Q2 24
$-2.6M
Q1 24
$-1.4M
Cash Conversion
MSS
MSS
RERE
RERE
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

RERE
RERE

Segment breakdown not available.

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