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Side-by-side financial comparison of Maison Solutions Inc. (MSS) and SPRUCE POWER HOLDING CORP (SPRU). Click either name above to swap in a different company.
Maison Solutions Inc. is the larger business by last-quarter revenue ($27.6M vs $24.0M, roughly 1.1× SPRUCE POWER HOLDING CORP). Maison Solutions Inc. runs the higher net margin — -18.0% vs -28.6%, a 10.6% gap on every dollar of revenue. On growth, SPRUCE POWER HOLDING CORP posted the faster year-over-year revenue change (20.4% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 14.6%).
Maison Solutions Inc.MSSEarnings & Financial Report
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.
Spruce Finance is an American consumer finance company specializing in the residential solar finance and efficiency home improvement sectors in the U.S.
MSS vs SPRU — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $27.6M | $24.0M |
| Net Profit | $-5.0M | $-6.9M |
| Gross Margin | 23.4% | — |
| Operating Margin | -4.9% | 9.4% |
| Net Margin | -18.0% | -28.6% |
| Revenue YoY | -10.9% | 20.4% |
| Net Profit YoY | -1840.5% | -15.8% |
| EPS (diluted) | $-0.23 | $-0.38 |
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.
| Q4 25 | $27.6M | $24.0M | ||
| Q3 25 | $27.2M | $30.7M | ||
| Q2 25 | $34.4M | $33.2M | ||
| Q1 25 | $32.3M | $23.8M | ||
| Q4 24 | $29.4M | $20.0M | ||
| Q3 24 | $28.2M | $21.4M | ||
| Q2 24 | $16.9M | $22.5M | ||
| Q1 24 | $13.6M | $18.3M |
| Q4 25 | $-5.0M | $-6.9M | ||
| Q3 25 | $-1.5M | $-860.0K | ||
| Q2 25 | $-287.4K | $-3.0M | ||
| Q1 25 | $1.0M | $-15.3M | ||
| Q4 24 | $-256.0K | $-5.9M | ||
| Q3 24 | $700.9K | $-53.5M | ||
| Q2 24 | $-2.8M | $-8.6M | ||
| Q1 24 | $-549.0K | $-2.5M |
| Q4 25 | 23.4% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | 26.9% | — | ||
| Q3 24 | 28.9% | 54.8% | ||
| Q2 24 | 13.0% | 54.9% | ||
| Q1 24 | 23.4% | 51.5% |
| Q4 25 | -4.9% | 9.4% | ||
| Q3 25 | 0.7% | 27.6% | ||
| Q2 25 | -15.9% | 26.8% | ||
| Q1 25 | 3.7% | -7.1% | ||
| Q4 24 | 3.2% | -31.4% | ||
| Q3 24 | 7.3% | -173.8% | ||
| Q2 24 | -14.4% | -14.9% | ||
| Q1 24 | -2.3% | -19.7% |
| Q4 25 | -18.0% | -28.6% | ||
| Q3 25 | -5.7% | -2.8% | ||
| Q2 25 | -0.8% | -8.9% | ||
| Q1 25 | 3.1% | -64.4% | ||
| Q4 24 | -0.9% | -29.7% | ||
| Q3 24 | 2.5% | -250.4% | ||
| Q2 24 | -16.4% | -38.2% | ||
| Q1 24 | -4.0% | -13.4% |
| Q4 25 | $-0.23 | $-0.38 | ||
| Q3 25 | $-0.08 | $-0.05 | ||
| Q2 25 | $-0.02 | $-0.17 | ||
| Q1 25 | $0.06 | $-0.84 | ||
| Q4 24 | $-0.01 | $-0.36 | ||
| Q3 24 | $0.04 | $-2.88 | ||
| Q2 24 | $-0.16 | $-0.45 | ||
| Q1 24 | $-0.03 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $54.8M |
| Total DebtLower is stronger | $2.6M | $695.5M |
| Stockholders' EquityBook value | $11.6M | $121.3M |
| Total Assets | $75.4M | $837.3M |
| Debt / EquityLower = less leverage | 0.22× | 5.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $54.8M | ||
| Q3 25 | $1.1M | $53.6M | ||
| Q2 25 | $775.4K | $53.5M | ||
| Q1 25 | $445.4K | $61.9M | ||
| Q4 24 | $355.7K | $72.8M | ||
| Q3 24 | $588.9K | $113.7M | ||
| Q2 24 | $2.1M | $116.6M | ||
| Q1 24 | $9.4M | $120.6M |
| Q4 25 | $2.6M | $695.5M | ||
| Q3 25 | $2.6M | $705.6M | ||
| Q2 25 | $2.6M | $717.1M | ||
| Q1 25 | — | $723.8M | ||
| Q4 24 | — | $730.6M | ||
| Q3 24 | $2.5M | — | ||
| Q2 24 | $2.6M | — | ||
| Q1 24 | $2.6M | — |
| Q4 25 | $11.6M | $121.3M | ||
| Q3 25 | $10.1M | $124.9M | ||
| Q2 25 | $11.7M | $125.0M | ||
| Q1 25 | $12.0M | $130.8M | ||
| Q4 24 | $10.9M | $143.7M | ||
| Q3 24 | $11.2M | $151.6M | ||
| Q2 24 | $10.5M | $204.6M | ||
| Q1 24 | $13.3M | $213.0M |
| Q4 25 | $75.4M | $837.3M | ||
| Q3 25 | $73.3M | $857.1M | ||
| Q2 25 | $77.4M | $862.6M | ||
| Q1 25 | $82.7M | $878.0M | ||
| Q4 24 | $82.7M | $898.5M | ||
| Q3 24 | $82.1M | $806.8M | ||
| Q2 24 | $82.4M | $858.4M | ||
| Q1 24 | $44.2M | $867.9M |
| Q4 25 | 0.22× | 5.74× | ||
| Q3 25 | 0.26× | 5.65× | ||
| Q2 25 | 0.22× | 5.74× | ||
| Q1 25 | — | 5.53× | ||
| Q4 24 | — | 5.08× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.7M | $-3.3M |
| Free Cash FlowOCF − Capex | — | $-3.3M |
| FCF MarginFCF / Revenue | — | -13.7% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.7M | $-3.3M | ||
| Q3 25 | $1.1M | $11.2M | ||
| Q2 25 | $-1.6M | $-2.3M | ||
| Q1 25 | $1.7M | $-9.1M | ||
| Q4 24 | $1.1M | $-13.5M | ||
| Q3 24 | $3.6M | $-1.1M | ||
| Q2 24 | $-2.6M | $-5.1M | ||
| Q1 24 | $-1.4M | $-22.2M |
| Q4 25 | — | $-3.3M | ||
| Q3 25 | — | $11.2M | ||
| Q2 25 | — | $-2.4M | ||
| Q1 25 | — | $-9.2M | ||
| Q4 24 | — | $-13.6M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-5.2M | ||
| Q1 24 | — | $-22.3M |
| Q4 25 | — | -13.7% | ||
| Q3 25 | — | 36.5% | ||
| Q2 25 | — | -7.3% | ||
| Q1 25 | — | -38.7% | ||
| Q4 24 | — | -68.3% | ||
| Q3 24 | — | -5.1% | ||
| Q2 24 | — | -23.1% | ||
| Q1 24 | — | -121.7% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.4% |
| 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
| Perishables | $14.4M | 52% |
| Nonperishables | $13.2M | 48% |
SPRU
Segment breakdown not available.
