Massimo Reported 2023 Financial Results [Yahoo! Finance]
ATIF Holdings Limited - Ordinary Shares (ATIF)
Company Research
Source: Yahoo! Finance
referred to as "ATIF"), announces its fiscal year 2023 financial results following a $5.85 million initial public offering. Fiscal year Revenue increased by 32.9% during the reporting period(reached US $115 million ) and gross margin increased 550 basis points to 31.2%. Net profit rose 150% to $10.4 million Massimo said that in the fourth quarter of 2023 and the beginning of 2024, the market demand for the company's high-power electric engine devices and technical services continued to grow, and the sales of the company's diversified electric vehicle and boat product portfolio in the current period continued to increase, resulting in a significant increase in the company's operating revenue, shareholders' net profit and operating indicators compared with the previous year. The debut of Massimo on Nasdaq is a new highlight for Massimo." Sales of UTVs, ATVs and e-bikes increased 32.4 percent to $103.3 million in 2024, with sales of pontoons increased 37.9 percent to $11.7 million .
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ATIF
Sec Filings
- 4/23/24 - Form 8-K
- 4/19/24 - Form 8-K
- 3/18/24 - Form 10-Q
- ATIF's page on the SEC website