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MARKETS / NASDAQ / MSS
NASDAQ · RETAIL-GROCERY STORES

Maison Solutions Inc. MSS

4 fiscal years on record · USD · FY2024 reported · SEC filings only
$124.2M
▲ 114.0% YoY
$1.2M
In brief

What this company does

The company operates as a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, particularly members of Asian-American communities. It has acquired equity interests in three traditional Asian supermarkets in Los Angeles, California, and three traditional Asian supermarkets in the greater Phoenix and Tucson, Arizona metro areas. Its merchandise includes fresh produce, meats, seafood and other groceries not found in mainstream supermarkets, including Asian vegetables and fruits such as Chinese broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee; live seafood such as shrimp, clams, lobster, geoduck and Alaska king crab; and Chinese specialty groceries like soy sauce, sesame oil, oyster sauce, bean sprouts, Sriracha, tofu, noodles and dried fish. Customers can place orders through a third-party mobile app, Freshdeals24, and an applet integrated into WeChat for home delivery or in-store pickup. As of April 30, 2025, it had approximately 378 employees. The company was founded in July 2019 as Maison International, Inc., an Illinois corporation, with its principal place of business in California, and in September 2021 was reincorporated in Delaware and renamed Maison Solutions Inc.

Written from the business description in Maison Solutions Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 14 August 2025. Every sentence was checked against that document before publication.

Growth
USD 124.2M
Revenue, FY2024 · full 4-year series below
Revenue $M Net income $M
FY2024 · Revenue 124.2 · Net income 1.2
50M100M2021202220232024
Compound annual growth
+43.6%
+21.3%
+20.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating -1.0% · Net 0.7%
1%2%-2%-4%2021202220232024
ROE
FY2024 · ROE 10.6%
5%10%-20%-40%-60%2021202220232024

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2022 · FCF 0.4
0.5M1.0M2021202220232024

Total assetsUSD 77.4M
EquityUSD 11.7M
CashUSD 775,360.00
Gross debtUSD 2.6M
Net debtUSD 1.8M
Current ratio0.57×

Net debt stands at 16% of equity.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2024202320222021
Revenue $B0.10.10.10.0
Operating income $B−0.0−0.00.0−0.0
EBITDA $B·−0.00.0−0.0
Income tax $B0.00.00.00.0
Net income $B0.0−0.00.00.0
Free cash flow $B··0.00.0
EPS, diluted $0.07−0.190.080.04
Dividend / sh $····
Payout %····
ROE %10.6−60.6··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 75 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Grocery Stores
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsApril 30
SEC categoryemerging growth company
Data on record since2021

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