Tearsheet

Maison Solutions (MSS)

Market Price (12/4/2025): $0.5 | Market Cap: $9.8 Mil
Sector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Maison Solutions (MSS)

Market Price (12/4/2025): $0.5
Market Cap: $9.8 Mil
Sector: Consumer Staples
Industry: Consumer Staples Merchandise Retail

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 68%	Weak multi-year price returns 2Y Excs Rtn is -147%	Penny stock Mkt Price is 0.5
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%		Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -2.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.2%
2	Attractive yield FCF Yield is 13%		Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 271%
3	Megatrend and thematic drivers Megatrends include Health & Wellness Trends, Vegan & Alternative Foods, and Experience Economy & Premiumization. Themes include Organic & Natural Products, Show more.		Weak revenue growth Rev Chg QQuarterly Revenue Change % is -3.6%
4			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -10%

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 68%
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
2	Attractive yield FCF Yield is 13%
3	Megatrend and thematic drivers Megatrends include Health & Wellness Trends, Vegan & Alternative Foods, and Experience Economy & Premiumization. Themes include Organic & Natural Products, Show more.
4	Weak multi-year price returns 2Y Excs Rtn is -147%
5	Penny stock Mkt Price is 0.5
6	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -2.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.2%
7	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 271%
8	Weak revenue growth Rev Chg QQuarterly Revenue Change % is -3.6%
9	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -10%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022
Share Price CYE	$0.50	$1.22	$1.37
Market Cap CYE ($ Mil)	9.8	21.3	23.0	-
Total Debt ($ Mil)	48.1	51.2	60.9	27.6
Total Cash ($ Mil)	1.1	0.8	2.1	2.6
Enterprise Value ($ Mil)	56.9	72.5	83.9
Valuation Ratios
P/S TTM	0.1	0.2	0.4	0.0
P/EBIT TTM	-6.4	-16.8	-9.1	0.0
P/E TTM	-15.0	18.2	-7.3	0.0
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0

	12/4/25	2024
Share Price CYE	$0.50	$1.22
Market Cap CYE ($ Mil)	9.8	21.3
Total Debt ($ Mil)	48.1	51.2
Total Cash ($ Mil)	1.1	0.8
Enterprise Value ($ Mil)	56.9	72.5
Valuation Ratios
P/S TTM	0.1	0.2
P/EBIT TTM	-6.4	-16.8
P/E TTM	-15.0	18.2
Sector Ratios
P/S TTM (Sector)	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0
P/E TTM (Sector)	0.0	0.0

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AI Generated Analysis | Feedback

Metric	Value	Date	Source
Number of Stores	7	9222025	Link
Annual Transactions	>3.8 million	8142025	Link
Number of Employees	378	4302025	Link

Upcoming
12/15/2025	Earnings Release	Rev: - EPS: -

MSS Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points explaining the -41.8% stock movement for Maison Solutions (MSS) from August 31, 2025, to December 4, 2025: 1. Deterioration in First Quarter 2026 Financial Performance. The company reported a net loss of approximately $(1.5) million for the first quarter ended July 31, 2025, a significant decline from a net income of approximately $0.7 million in the same period last year. Additionally, total net revenues decreased, and gross profit was negatively impacted by increased costs of goods sold due to inflation.

2. Speculative Pivot to Worldcoin (WLD) Digital Asset Treasury. Maison Solutions announced securing up to $70 million in convertible notes to establish a digital asset treasury focused on Worldcoin (WLD). This move was met with skepticism by financial technology analysts, who characterized it as a "significant but speculative blockchain pivot for a grocery retailer." The company also purchased over 2.55 million Worldcoin (WLD) tokens under this initiative.

3. Issuance of Convertible Notes and Potential Dilution. The company completed an initial closing for a $3 million senior secured convertible promissory note as part of the larger $70 million private placement. The issuance of convertible notes introduces the potential for dilution of existing shareholder value, which often leads to downward pressure on stock prices.

4. Disclosure of Accounting Errors and Unreliable Financial Statements. Maison Solutions revealed that previously issued financial statements for specific periods in 2024 and 2025 should not be relied upon due to identified material misstatements related to an acquisition. This significant accounting error undermines investor confidence in the company's financial reporting and transparency.

5. Heightened Shareholder Concerns and Potential Legal Action. An investor rights law firm, Halper Sadeh LLC, encouraged Maison Solutions Inc. shareholders to contact them to discuss their rights. This suggests growing shareholder discontent and the possibility of legal challenges, which can further erode investor trust and contribute to stock depreciation.

Show less

Stock Movement Drivers

Fundamental Drivers

The -39.3% change in MSS stock from 9/3/2025 to 12/3/2025 was primarily driven by a -31.0% change in the company's P/S Multiple.

	9032025	12032025	Change
Stock Price ($)	0.89	0.54	-39.34%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	122.75	121.73	-0.83%
P/S Multiple	0.13	0.09	-30.98%
Shares Outstanding (Mil)	17.45	19.69	-12.84%
Cumulative Contribution			-40.34%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
MSS	-39.3%
Market (SPY)	6.2%	22.2%
Sector (XLP)	-2.2%	-6.2%

Fundamental Drivers

The -39.7% change in MSS stock from 6/4/2025 to 12/3/2025 was primarily driven by a -38.3% change in the company's P/S Multiple.

	6042025	12032025	Change
Stock Price ($)	0.90	0.54	-39.68%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	110.27	121.73	10.39%
P/S Multiple	0.14	0.09	-38.34%
Shares Outstanding (Mil)	17.45	19.69	-12.84%
Cumulative Contribution			-40.67%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
MSS	-39.7%
Market (SPY)	15.1%	20.8%
Sector (XLP)	-3.5%	-0.8%

Fundamental Drivers

The -43.6% change in MSS stock from 12/3/2024 to 12/3/2025 was primarily driven by a -66.5% change in the company's P/S Multiple.

	12032024	12032025	Change
Stock Price ($)	0.96	0.54	-43.64%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	72.47	121.73	67.98%
P/S Multiple	0.26	0.09	-66.45%
Shares Outstanding (Mil)	19.69	19.69	0.00%
Cumulative Contribution			-43.64%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
MSS	-43.6%
Market (SPY)	14.3%	12.4%
Sector (XLP)	-2.8%	-4.8%

Fundamental Drivers

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Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
MSS	-95.8%
Market (SPY)	53.2%	11.0%
Sector (XLP)	16.4%	-1.4%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
MSS Return	-	-	-	-	-11%	-62%	-66%
Peers Return	21%	43%	5%	-3%	11%	19%	133%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
MSS Win Rate	-	-	-	50%	50%	30%
Peers Win Rate	62%	67%	53%	55%	47%	56%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
MSS Max Drawdown	-	-	-	-	-53%	-69%
Peers Max Drawdown	-16%	-10%	-17%	-23%	-17%	-7%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: WMT, DG, WMK, IMKTA, COST.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

MSS has limited trading history. Below is the Consumer Staples sector ETF (XLP) in its place.

Unique Key	Event	XLP	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-17.5%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	21.2%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	682 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-24.9%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	33.2%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	154 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-16.6%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	19.9%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	404 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-33.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	50.2%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	605 days	1480 days

Compare to

In The Past

SPDR Select Sector Fund's stock fell -17.5% during the 2022 Inflation Shock from a high on 4/20/2022. A -17.5% loss requires a 21.2% gain to breakeven.

Preserve Wealth

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Asset Allocation

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About Maison Solutions (MSS)

We are a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to members of Asian-American communities. We are committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse makeup of the communities in which we operate. To achieve this, we are developing a center-satellite stores network. Since our formation in July 2019, we have acquired equity interests in four traditional Asian supermarkets in Los Angeles, California, and have been operating these four supermarkets as center stores. We define a “center store” as a full service store, similar to a traditional supermarket or grocery store covering a metro area, but with its own storage space to be used as a warehouse to distribute products to smaller satellite stores. The center stores target traditional Asian-American family-oriented customers with a variety of meat, fresh produce and other merchandise, while additionally stocking items which appeal to the broader community. Our management’s deep cultural understanding of our consumers’ unique consumption habits drives the operation of these traditional supermarkets. In addition to our three center stores, in December of 2021 we acquired a 10% equity interest, in a new grocery store in a young and active community in Alhambra, California (the “Alhambra Store”). We intend to acquire the remaining 90% equity interest in the Alhambra Store with a portion of the net proceeds from this offering. We acquired our interest in the Alhambra Store from Grace Xu, spouse John Xu, our chief executive officer. It is our intent that we will use a portion of the proceeds of this offering to acquire the remaining equity in the Alhambra Store. Our intention is that the Alhambra Store will serve as our first satellite store. The satellite stores in our network will be designed to penetrate local communities and neighborhoods with larger and growing concentrations of younger customers. Our merchandise includes fresh and unique produce, meats, seafood and other groceries which are staples of traditional Asian cuisine and which are not commonly found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as Chinese broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee; a variety of live seafood such as shrimp, clams, lobster, geoduck, and Alaska king crab; and Chinese specialty products like soy sauce, sesame oil, oyster sauce, bean sprouts, Sriracha, tofu, noodles and dried fish. With an in-house logistics team and strong relationships with local and regional farms, we are capable of offering high-quality specialty perishables at competitive prices. Our customers have diverse shopping habits based on, among other factors, their age and lifestyle, and, through our partnerships with third-party vendors, we offer multiple shopping channels through integrated online and offline operations to accommodate for these habits. Along with creating an exciting and attractive in-store shopping experience, customers can choose to place orders on a third-party mobile app “Freshdeals24”, and an applet integrated into WeChat for either home delivery or in-store pickups offering our customers the option of a 100% cashier-less shopping experience. Our flexible shopping options are designed to provide customers with convenience and flexibility that best match their lifestyles and personal preferences. In April 2021, we entered into a series of agreements with JD E-commerce America Limited (“JD US”), the U.S. subsidiary of JD.com, including the Collaboration Agreement and Intellectual Property License Agreement (each as further described below).We are working closely with JD.com to build and update our own online apps to continue to specifically target and attract a wider variety of our customer base. The Company had cash on hand of $2.58 million and $0.90 million as of January 31, 2023 and April 30, 2022, respectively. The outstanding debt of the Company was $3.0 million and $3.3 million as of January 31, 2023 and April 30, 2022, respectively. As of April 30, 2022 and January 31, 2023 the Company was in violation of its debt service coverage ratio covenant on its loan with American First National Bank. The Company intends to use a portion of the net proceeds from this offering to repay the outstanding $0.39 million loan with American First National Bank. While the Company has experienced challenges due to the ongoing COVID-19 pandemic, inflation and rising supply chain costs and has historically operated at a net loss, it has been able to reduce its overall debt burden and increase cash on hand through a series of effective responses and steps, including price adjustment, developing more purchasing channels, working with third-party vendors who have more buying power to get products, and replacing shortage or hot products by other brands or alternatives. In addition, the COVID-19 pandemic has affected consumer behavior in many ways. For example, people may be less likely to shop in person and more likely to order groceries online for delivery or pickup, or people are more likely to cook and eat at home rather than eating in a restaurant. This shift in consumer behavior has brought a positive impact on our supermarkets’ revenue streams. Accordingly, our financial results for the years ended April 30, 2022 and 2021 and for the nine months ended January 31, 2023 and 2022 were not materially adverse impacted by inflation, supply chain disruption and the COVID-19 pandemic, our profit margins remain stable for these reporting periods. The principal stockholder of the Company has also made a commitment to provide financial support to the Company whenever necessary and intends to continue to provide support following the consummation of this offering. While our main focus is on targeting Asian-American communities and catering to both established Asian-American family values and the shifting needs of the younger generations, we also plan to opportunistically address other demographics and populations. Maison Solutions Inc. 127 N Garfield Ave Monterey Park, California.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Maison Solutions (MSS):

Think of it as a regional supermarket chain, similar to a smaller Kroger or Albertsons, but specializing in a vast array of Asian groceries and food products.
Essentially a Whole Foods Market, but with an exclusive focus on high-quality Asian specialty foods.
Imagine a Trader Joe's, but dedicated entirely to a diverse range of Asian groceries and unique culinary items.

AI Generated Analysis | Feedback

Wholesale Food Distribution: Provides a comprehensive range of Asian food ingredients and general groceries to various food service businesses and retailers.
Restaurant Operations: Owns and manages a chain of full-service Asian restaurants, offering authentic dining experiences to consumers.
Franchising Services: Grants licenses to independent entrepreneurs to operate restaurants under its established brands and business models.

AI Generated Analysis | Feedback

Maison Solutions (symbol: MSS) primarily sells to other companies (B2B) within the food service distribution industry.

According to its latest financial filings (specifically, the 10-K for the fiscal year ended December 31, 2023), no single customer accounted for more than 10% of Maison Solutions' total revenue. As a result, the company does not individually disclose the names of any major customers that would meet this threshold.

Instead, Maison Solutions serves a diverse and fragmented customer base, which primarily consists of the following types of businesses:

Asian restaurants
Boba tea shops
Other food service establishments

These customers are mainly located across California, with a strong presence in the San Francisco Bay Area and Sacramento metropolitan area.

AI Generated Analysis | Feedback

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AI Generated Analysis | Feedback

John Xu, Chairman, President and Chief Executive Officer

John Xu has served as a director and the President and Chief Executive Officer of Maison Solutions since 2019. Prior to this, he was a director and President of J&C International Group LLC, a cross-border investment firm, starting in 2013. He also held positions as a director and President of Ideal City Realty, LLC, a real estate investment firm. Mr. Xu possesses extensive business operation experience, with significant expertise in investments, strategic management, and retail enterprises.

Alexandria Marie Lopez, Chief Financial Officer

Alexandria Marie Lopez has been a director and Chief Financial Officer of Maison Solutions since 2019. She previously served as Vice President and Chief Financial Officer of J&C International Group LLC. Ms. Lopez has over 10 years of financial and accounting experience and earned a B.A. in Accounting from the University of Phoenix.

Jacob Cao, Chief Operating Officer

Jacob Cao was appointed Chief Operating Officer of Maison Solutions in 2025. He brings extensive experience in the supermarket and e-commerce industries in the United States, with over seven years of expertise in retail operations, warehouse management, and supply chain optimization. Before joining Maison Solutions, he worked for multiple Fortune 500 companies and held various operational management roles within the grocery industry, including LSK and Sonic Plus LLC. Most recently, he served as Operations Manager at a Maison Solutions-owned entity in El Monte, California.

Xintong Ma, Chief Strategy Officer

Xintong Ma has served as the Chief Strategy Officer for Maison Solutions in a consulting capacity since 2025. He has extensive experience in the retail and supply chain sectors, with a strong focus on business innovation and operational growth. Mr. Ma is the founder and CEO of Discount Bull, a rapidly growing hard-discount retail chain in China. Before founding Discount Bull, he launched several successful ventures, including a community group-buying platform and an e-commerce brand that supported rural development. He was recognized by the Hurun Research Institute as one of China's "30 Most Promising Entrepreneurs Under 30".

Chris Zhang, Vice President, Corporate Development & Strategy

Chris Zhang has been with Maison Solutions since 2021, currently serving as Vice President, Corporate Development & Strategy. Prior to joining Maison Solutions, he specialized in organizational transformation and strategic business development at CAPCO. He has significant experience in business operations and strategy, as well as asset optimization for major financial services companies.

AI Generated Analysis | Feedback

The clear emerging threat for Maison Solutions (MSS) is the rise of digital B2B food marketplaces and technology-driven supply chain platforms. These platforms offer restaurants a more efficient, transparent, and often more convenient way to source their supplies compared to traditional distributors. This trend, gaining traction across the broader food service industry, enables restaurants to easily compare prices, access a wider array of products, and streamline their ordering and inventory management through a single online portal. If these platforms specifically target or expand into the specialized Asian food distribution niche that MSS serves, they could disintermediate traditional distributors by offering superior convenience, competitive pricing, and integrated digital tools, mirroring how online services like Netflix and Uber disrupted their respective industries.

AI Generated Analysis | Feedback

Maison Solutions (MSS) operates as a U.S.-based specialty grocery retailer, primarily offering traditional Asian food and merchandise to Asian-American communities. The company's main products and services encompass a wide range of perishable items, such as meat, seafood, vegetables, and fruit, as well as non-perishable goods including cooking utensils, canned foods, Asian seasonings and spices, and snacks.

The addressable market for Maison Solutions' main products and services is the U.S. Asian food market. This market was valued at approximately $37.2 billion in 2024 and is projected to grow to an estimated $51.3 billion by 2031, exhibiting a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period. The growth in this market is driven by increasing consumer interest in diverse culinary experiences and the growing presence of Asian American communities in the U.S.

Specifically, the Western U.S. Asian food market is expected to hold a significant share, accounting for 32% in 2024, largely due to the high concentration of Asian American populations in cities like San Francisco and Los Angeles, where Maison Solutions operates.

AI Generated Analysis | Feedback

Maison Solutions (MSS) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic acquisitions, an expanded product offering, and operational enhancements of its acquired assets.

Here are 3-5 expected drivers of future revenue growth:

Strategic Mergers and Acquisitions (M&A): A primary driver of Maison Solutions' revenue growth is its strategy of mergers and acquisitions. The acquisition of Lee Lee in April 2024 significantly contributed to a 114% revenue increase in fiscal year 2025. The company explicitly states that M&A remains a "core lever for growth" and plans to continue this strategy.
Expansion of Asian Sourcing Network and Product Range: Maison Solutions is initiating a broader effort to expand its Asian sourcing network. This initiative aims to introduce a wider variety of popular regional products across its supermarkets, which is anticipated to attract more customers and increase sales.
Strengthening Lee Lee Operations and Performance: The company is focused on enhancing the operations and performance of its acquired Lee Lee stores. By building on the proven success and financial contributions of the past year, Maison Solutions expects to drive sustained margin improvements and continued revenue generation from these locations.
Improved Supply Chain Efficiencies and Profit Margin Recovery: While Maison Solutions has faced inflationary pressures and performance issues in some California stores, potential recovery in profit margins and improved supply chain efficiencies are considered catalysts for future growth. Enhancing operational efficiency can lead to better pricing and availability, thus supporting revenue expansion.

AI Generated Analysis | Feedback

Share Issuance

Maison Solutions completed its initial public offering on October 10, 2023, issuing 2,500,000 shares of Class A common stock at $4.00 per share, resulting in gross proceeds of $10 million.
Stockholders approved the future issuance of up to 340,162,976 shares of Class A common stock convertible from senior secured convertible notes under a September 28, 2025 purchase agreement. An initial $3 million in principal of these notes was issued on October 1, 2025, for a purchase price of $2,745,000, with authorization for up to an additional $67 million over three years.
The company approved the issuance of 760,000 Class B shares to Golden Tree USA Inc. for management services.

Inbound Investments

Maison Solutions secured a Securities Purchase Agreement for up to $70 million in senior secured convertible notes from an institutional investor, with an initial $3 million principal note issued on October 1, 2025, for a purchase price of $2,745,000. These notes are intended to establish a Worldcoin (WLD) Digital Asset Treasury.

Outbound Investments

Maison Solutions acquired Lee Lee International Supermarkets for approximately $22.2 million in April 2024, funded by $7.0 million cash and a $15.2 million senior secured promissory note.
In December 2023, the company acquired a 10% equity interest in TMA Liquor Inc., a liquor wholesale company.
On November 3, 2025, Maison Solutions purchased approximately 2.55 million Worldcoin (WLD) tokens as part of a Digital Asset Treasury initiative.

Capital Expenditures

Proceeds from the October 2023 IPO were intended, in part, for new store acquisitions and expansion, including opening new stores, and for upgrades and renovations to existing stores.
The company reported cash used in investing activities of $195,085 for the six months ended October 31, 2024.

Better Bets than Maison Solutions (MSS)

	MSS	Better Performance than MSS
Metric	Value	INDUSTRY: Consumer Staples Merchandise Retail
Rev Chg LTM	68.0%
Op Mgn LTM	-2.2%	DLTR (12.3%), TGT (5.1%), DG (4.3%), WMT (4.2%), COST (3.8%)
CFO/Rev LTM	1.9%	DLTR (24.8%), DG (7.6%), TGT (6.0%), WMT (5.5%), COST (4.8%)
FCF/Rev LTM	1.8%	DLTR (14.3%), DG (4.4%), COST (2.8%), TGT (2.8%), WMT (2.0%)
Total Yield	-6.2%	TGT (13.3%), DG (5.8%), BJ (4.1%), WMT (3.6%), COST (2.2%)
P/S	0.1
P/Op Inc	-6.4

	MSS	Better Performance than MSS
Metric	Value	SECTOR: Consumer Staples
Rev Chg LTM	68.0%	AQB (100.0%), BOF (95.2%)
Op Mgn LTM	-2.2%	PM (37.1%), KO (31.3%), PG (24.1%), WMT (4.2%), COST (3.8%)
CFO/Rev LTM	1.9%	PM (28.8%), PG (22.3%), KO (16.0%), WMT (5.5%), COST (4.8%)
FCF/Rev LTM	1.8%	PM (25.3%), PG (17.6%), KO (11.7%), COST (2.8%), WMT (2.0%)
Total Yield	-6.2%	KO (7.5%), PM (6.8%), PG (4.7%), WMT (3.6%), COST (2.2%)
P/S	0.1	UNFI (0.1), HAIN (0.1), ANDE (0.1), ACI (0.1), HFFG (0.1)
P/Op Inc	-6.4

	MSS	Better Performance than MSS
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	68.0%	CRDO (175.8%), APP (86.4%), HOOD (74.6%), NVDA (71.6%), RDDT (69.7%)
Op Mgn LTM	-2.2%	NVDA (58.1%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	1.9%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	1.8%	NVDA (43.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%), AMZN (2.0%)
Total Yield	-6.2%	GOOGL (4.6%), MSFT (3.4%), AMZN (3.0%), AAPL (3.0%), NVDA (2.3%)
P/S	0.1	SNEX (0.0), CNC (0.1), INGM (0.1), AAL (0.1), M (0.1)
P/Op Inc	-6.4

		Best Bets In Consumer Staples Sector
	MSS
What You Pay
P/E	-16.2
P/EBIT	-6.9
What You Get
Rev Chg Q	-3.6%
Rev Chg LTM	68.0%
Rev Chg 3Y Avg	�
FCF/Rev 3Y Avg	-0.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 8.7%, alpha of 1.4%, and sharpe of 0.5

Trade Ideas

Select past ideas related to MSS. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BF-B_11302025_Dip_Buyer_ValueBuy	11302025	BF-B	Brown-Forman	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	3.1%	3.1%	0.0%
CPB_11302025_Dip_Buyer_ValueBuy	11302025	CPB	Campbell's	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-1.9%	-1.9%	-1.9%
ENR_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	ENR	Energizer	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	-5.3%	-5.3%	-5.3%
FLO_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FLO	Flowers Foods	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	3.5%	3.5%	-1.6%
CLX_11142025_Dip_Buyer_FCFYield	11142025	CLX	Clorox	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.1%	2.1%	-5.1%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BF-B_11302025_Dip_Buyer_ValueBuy	11302025	BF-B	Brown-Forman	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	3.1%	3.1%	0.0%
CPB_11302025_Dip_Buyer_ValueBuy	11302025	CPB	Campbell's	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-1.9%	-1.9%	-1.9%
ENR_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	ENR	Energizer	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	-5.3%	-5.3%	-5.3%
FLO_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FLO	Flowers Foods	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	3.5%	3.5%	-1.6%
CLX_11142025_Dip_Buyer_FCFYield	11142025	CLX	Clorox	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.1%	2.1%	-5.1%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Maison Solutions

Peers to compare with:

Financials

	MSS	WMT	DG	WMK	IMKTA	COST	Median
Name	Maison S.	Walmart	Dollar G.	Weis Mar.	Ingles M.	Costco W.
Mkt Price	0.54	114.41	109.89	67.27	77.63	922.26	93.76
Mkt Cap	0.0	912.8	24.2	1.7	1.5	409.5	12.9
Rev LTM	122	693,153	41,652	4,895	5,363	275,235	23,507
Op Inc LTM	-3	28,988	1,790	120	82	10,383	955
FCF LTM	2	13,753	1,850	-3	8	7,837	929
FCF 3Y Avg	-0	14,986	1,211	41	60	7,070	635
CFO LTM	2	38,438	3,158	208	167	13,335	1,683
CFO 3Y Avg	1	36,707	2,746	195	234	11,914	1,490

Growth & Margins

	MSS	WMT	DG	WMK	IMKTA	COST	Median
Name	Maison S.	Walmart	Dollar G.	Weis Mar.	Ingles M.	Costco W.
Rev Chg LTM	68.0%	4.2%	5.0%	2.2%	-8.0%	8.2%	4.6%
Rev Chg 3Y Avg	-	5.7%	5.7%	2.9%	-1.1%	6.6%	5.7%
Rev Chg Q	-3.6%	4.8%	5.1%	4.4%	-3.4%	8.1%	4.6%
QoQ Delta Rev Chg LTM	-0.8%	1.2%	1.3%	1.1%	-0.9%	2.4%	1.1%
Op Mgn LTM	-2.2%	4.2%	4.3%	2.4%	1.5%	3.8%	3.1%
Op Mgn 3Y Avg	-0.7%	4.0%	5.9%	2.6%	3.5%	3.6%	3.6%
QoQ Delta Op Mgn LTM	-1.6%	-0.1%	0.1%	-0.2%	-0.1%	0.0%	-0.1%
CFO/Rev LTM	1.9%	5.5%	7.6%	4.2%	3.1%	4.8%	4.5%
CFO/Rev 3Y Avg	0.7%	5.5%	6.8%	4.0%	4.1%	4.6%	4.4%
FCF/Rev LTM	1.8%	2.0%	4.4%	-0.1%	0.2%	2.8%	1.9%
FCF/Rev 3Y Avg	-0.9%	2.3%	3.0%	0.9%	1.0%	2.7%	1.7%

Valuation

	MSS	WMT	DG	WMK	IMKTA	COST	Median
Name	Maison S.	Walmart	Dollar G.	Weis Mar.	Ingles M.	Costco W.
Mkt Cap	0.0	912.8	24.2	1.7	1.5	409.5	12.9
P/S	0.1	1.1	0.6	0.4	0.2	1.5	0.5
P/EBIT	-6.9	25.1	14.1	14.9	12.8	37.5	14.5
P/E	-16.2	36.5	21.1	17.8	21.3	50.7	21.2
P/CFO	7.7	20.3	8.0	8.6	7.2	30.8	8.3
Total Yield	-6.2%	3.6%	5.8%	7.6%	5.7%	2.2%	4.7%
Dividend Yield	0.0%	0.9%	1.0%	2.0%	1.0%	0.3%	1.0%
FCF Yield 3Y Avg	-	2.8%	4.5%	2.2%	4.3%	2.1%	2.8%
D/E	2.8	0.1	0.7	0.1	0.5	0.0	0.3
Net D/E	2.7	0.1	0.6	-0.0	0.2	-0.0	0.1

Returns

	MSS	WMT	DG	WMK	IMKTA	COST	Median
Name	Maison S.	Walmart	Dollar G.	Weis Mar.	Ingles M.	Costco W.
1M Rtn	-20.0%	12.6%	10.8%	5.5%	8.5%	-0.6%	7.0%
3M Rtn	-39.3%	15.1%	0.8%	-6.4%	11.7%	-2.8%	-1.0%
6M Rtn	-39.7%	15.4%	-0.6%	-8.1%	28.7%	-12.1%	-4.4%
12M Rtn	-43.6%	23.5%	42.6%	-4.4%	8.2%	-5.6%	1.9%
3Y Rtn	-	132.8%	-52.2%	-18.6%	-20.9%	94.3%	-18.6%
1M Excs Rtn	-20.0%	12.7%	10.8%	5.5%	8.5%	-0.6%	7.0%
3M Excs Rtn	-47.9%	8.0%	-3.4%	-11.7%	5.0%	-8.7%	-6.1%
6M Excs Rtn	-54.4%	0.7%	-15.3%	-22.9%	14.0%	-26.8%	-19.1%
12M Excs Rtn	-56.1%	11.3%	32.3%	-19.4%	-7.5%	-18.2%	-12.8%
3Y Excs Rtn	-	59.5%	-126.7%	-89.7%	-93.0%	8.2%	-89.7%

Financials

Annual
Quarterly

$ Mil \| FY: 4/30	LTM	2025	2024	2023	2022	2021
Period End	7/31/2025	4/30/2025	4/30/2024	4/30/2023	4/30/2022	4/30/2021
Filing Date	9/22/2025	8/14/2025	8/13/2024	9/13/2023	5/22/2023	5/22/2023
Key Financials
Total Revenue	122	124	58	55	42	41
EBITDA	-2	-0	-2	0	-0	1
Operating Income	-3	-1	-3	0	-1	1
Net Income	-1	1	-3	1	-1	1
EPS	-0.04	0.07	-0.19	0.07	-0.03	0.05
Growth Rates
Total Revenue Growth	68.0%	114.0%	4.8%	32.0%	1.9%	-
EBITDA Growth	-1279.5%	89.8%	-592.4%	217.0%	-134.4%	-
Operating Income Growth	-551.5%	53.2%	-3332.6%	110.1%	-249.4%	-
Net Income Growth	57.7%	135.0%	-366.8%	322.4%	-162.2%	-
Margins
EBITDA Margin	-1.3%	-0.2%	-3.9%	0.8%	-0.9%	2.7%
Operating Income Margin	-2.2%	-1.0%	-4.7%	0.2%	-2.0%	1.3%
Net Income Margin	-0.9%	0.9%	-5.8%	2.3%	-1.3%	2.2%
Cash & Debt
Total Cash	1	1	2	3	1	1
Total Debt	48	51	61	28	21	20
Net Debt / (Cash)	47	50	59	25	20	19
Cash Flows
Net Cash from Operations	2	5	-4	0	1	1
Free Cash from Operations	2	5	-7	0	1	1
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 4/30	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	7/31/2025	4/30/2025	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022
Filing Date	9/22/2025	8/14/2025	3/17/2025	12/16/2024	9/23/2024	8/13/2024	3/18/2024	12/15/2023	9/13/2023	9/13/2023	5/22/2023	2/27/2023
Key Financials Quarterly
Total Revenue	27	29	34	31	28	17	14	14	14	14	16	14
Ebitda	0	-4	2	1	2	-3	-0	0	0	0	0	1
Operating Income	0	-5	1	1	2	-2	-0	0	-0	0	-0	1
Net Income	-2	-0	1	-0	1	-3	-1	0	-0	0	1	1
EPS	-0.08	-0.01	0.06	-0.01	0.04	-0.16	-0.03	0.01	-0.01	0.02	0.05	0.03
Key Financials TTM
Total Revenue TTM	122	123	110	90	72	58	55	57	58	55	52	48
Ebitda TTM	-2	0	2	0	-0	-2	0	1	1	0	0	0
Operating Income TTM	-3	-1	1	0	-0	-3	-0	-0	0	0	-0	-0
Net Income TTM	-1	1	-1	-3	-3	-3	-0	1	2	1	1	-0
Growth Rates Quarterly
Total Revenue Growth	-3.6%	73.7%	151.1%	125.3%	104.9%	19.3%	-13.0%	-2.8%	20.5%	30.0%	36.3%	-
EBITDA Growth	-82.7%	-64.0%	824.5%	128.1%	1034.7%	-4199.8%	-1182.1%	-58.7%	154.3%	152.1%	145.1%	-
Operating Income Growth	-91.1%	-92.5%	462.8%	164.5%	1055.2%	-70587.0%	-536.6%	-60.9%	58.4%	102.2%	74.0%	-
Net Income Growth	-319.9%	89.7%	284.3%	-379.9%	767.9%	-938.8%	-155.5%	-82.7%	82.4%	77.3%	550.4%	-
Margins Quarterly
EBITDA Margin	1.5%	-14.3%	4.5%	2.4%	8.3%	-15.2%	-1.5%	2.4%	1.5%	0.4%	0.1%	5.6%
Operating Income Margin	0.7%	-15.9%	3.3%	2.2%	7.3%	-14.4%	-2.3%	1.8%	-1.6%	0.0%	-0.3%	4.6%
Net Income Margin	-5.7%	-1.0%	3.0%	-0.8%	2.5%	-16.4%	-4.0%	0.7%	-0.8%	2.3%	6.3%	3.7%
Cash & Debt
Total Cash	1	1	0	0	1	2	9	9	2	3	3	1
Total Debt	48	51	54	56	57	61	26	26	27	28	24	25
Net Debt / (Cash)	47	50	53	55	56	59	16	18	25	25	22	23
Cash Flows Quarterly
FCF from Operations	1	-2	2	1	4	-3	-1	-0	1	0	1	-2
Cash Flows TTM
FCF from Operations TTM	2	5	4	1	-1	-4	-1	2	1	0	1	-1
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	1.2%	-7.8%	6.6%	3.9%	7.5%	-13.5%	-4.1%	1.5%	-3.4%	0.0%	-0.8%	10.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-3.5%	-1.2%	2.1%	0.0%	-0.6%	-3.7%	-0.9%	-0.0%	1.3%	0.3%	-0.3%	-0.9%

Price Behavior

Price Behavior

Market Price	$0.54
Market Cap ($ Bil)	0.0
First Trading Date	10/05/2023
Distance from 52W High	-69.1%
	50 Days	200 Days
DMA Price	$0.69	$0.91
DMA Trend	down	down
Distance from DMA	-21.7%	-40.9%
	3M	1YR
Volatility	131.6%	95.2%
Downside Capture	599.84	184.04
Upside Capture	206.90	103.50
Correlation (SPY)	21.2%	12.3%

MSS Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	2.03	1.77	2.23	1.74	0.58	-0.13
Up Beta	4.01	2.62	-0.04	0.50	-0.01	-0.58
Down Beta	-1.40	1.11	0.31	0.93	0.28	0.99
Up Capture	-178%	-170%	81%	82%	72%	24%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	6	12	21	49	104	228
Down Capture	393%	382%	419%	288%	136%	111%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	14	30	41	71	133	284

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

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Based On 5-Year Data

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Based On 10-Year Data

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Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	212,743
Short Interest: % Change Since 10312025	1.5%
Average Daily Volume	225,752
Days-to-Cover Short Interest	1
Basic Shares Quantity	19,690,476
Short % of Basic Shares	1.1%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
7312025	9222025	10-Q 7/31/2025
4302025	8142025	10-K 4/30/2025
1312025	3172025	10-Q 1/31/2025
10312024	12162024	10-Q 10/31/2024
7312024	9232024	10-Q 7/31/2024
4302024	8132024	10-K 4/30/2024
1312024	3182024	10-Q 1/31/2024
10312023	12152023	10-Q 10/31/2023
4302023	9132023	POS AM 4/30/2023
10312022	2272023	DRS/A 10/31/2022
4302022	5222023	S-1 4/30/2022

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4	CNBC	Etrade
5	MarketWatch	Unusual Whales
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Maison Solutions (MSS)

Market Price (12/4/2025): $0.5 | Market Cap: $9.8 MilSector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Maison Solutions (MSS)

Market Price (12/4/2025): $0.5Market Cap: $9.8 MilSector: Consumer StaplesIndustry: Consumer Staples Merchandise Retail

Valuation, Metrics & Events

MSS Stock

Why The Stock Moved

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Stock Movement Drivers

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Return vs. Risk

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In The Past

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About Maison Solutions (MSS)

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Market Price (12/4/2025): $0.5 | Market Cap: $9.8 Mil
Sector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Market Price (12/4/2025): $0.5
Market Cap: $9.8 Mil
Sector: Consumer Staples
Industry: Consumer Staples Merchandise Retail