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MAMK

MaxsMaking Inc. Class A Ordinary Shares

MAMK

MaxsMaking Inc. Class A Ordinary Shares NASDAQ
$13.00 -1.22% (-0.16)

Market Cap $194.99 M
52w High $14.30
52w Low $1.86
Dividend Yield 0%
P/E 216.67
Volume 134.50K
Outstanding Shares 15.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $176.236K $17.675M $9.409M $7.953M
Q2-2024 $226.39K $15.387M $8.785M $6.315M
Q4-2023 $132.15K $12.768M $7.207M $5.316M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement MAMK’s reported income statement is very small in scale and still looks like an early‑stage business. Revenue has been modest but not collapsing, and profit figures are hard to interpret because the margins and operating details are essentially empty in the data provided. The positive earnings per share signal some accounting profit, but with such a small base it doesn’t yet tell a clear story about underlying earning power. The separate note that revenue grew strongly in early 2025 is encouraging, but again from a low level. Overall, this looks more like a company still proving out its model than one with a long, stable record of profitability.


Balance Sheet

Balance Sheet The balance sheet appears very light: limited assets, very little recorded cash, and no debt in the period shown. Equity is positive but small, which is typical for a young, growing company just before and around an IPO. The lack of debt reduces financial strain, but the thin capital base also leaves less room to absorb setbacks without fresh funding. The IPO proceeds and planned capacity expansion are likely to change the balance sheet profile significantly, but those post‑IPO figures are not yet visible in the data provided.


Cash Flow

Cash Flow Reported cash flow figures are essentially flat, with little evidence of strong cash generation or heavy investment in the historical period. This again fits an early‑stage picture: the company seems to have been operating at a small scale, without major capital spending before raising public capital. The key unknown is how well the business converts future higher sales into cash once the new facilities and systems are ramped up. Until more detailed post‑IPO cash flow data are available, visibility into the company’s true cash‑earning ability remains limited.


Competitive Edge

Competitive Edge MAMK competes by focusing on small‑batch, customized textile products for customers that large factories often overlook—such as small businesses, schools, and organizations needing short runs with specific designs. Its main edge lies in flexible, software‑driven production that can handle many small orders quickly, plus an integrated model that spans software, design, manufacturing, and brand support. The sustainability angle, using more eco‑friendly materials, adds appeal for certain buyers. At the same time, the company operates in a globally crowded apparel and accessories space, where price pressure is intense and customer loyalty can be fragile. Its challenge is to keep its technology and service quality far enough ahead that it is not easily squeezed by larger, low‑cost manufacturers or fast‑moving online competitors.


Innovation and R&D

Innovation and R&D Innovation is a core part of MAMK’s story. The company has built its own production and management software, including systems that link orders directly to shop‑floor execution, and it holds patents related to efficient printing for small and batch orders. These tools help it deliver customization at speed and at scale. Looking ahead, management plans to direct IPO funds into further software and product R&D, potentially including smarter design tools and better production planning, as well as new sustainable materials. The opportunity is to deepen the technological moat around its niche; the risk is that spending does not translate into clear customer advantages or that competitors adopt similar technologies over time.


Summary

Overall, MAMK looks like an early‑stage, technology‑enabled manufacturer aimed at the growing market for customized, small‑batch consumer goods. The historical financials are tiny and not yet very informative about long‑term profitability or cash generation, while the balance sheet and cash flow profiles reflect a company that has only recently gained access to larger pools of capital via its IPO. The strategic strengths lie in its integrated software and production systems, focus on underserved small‑order customers, and attention to sustainability, all of which support a differentiated positioning within a tough apparel and accessories landscape. The main uncertainties center on execution: scaling production without eroding quality, turning revenue growth into durable margins and cash flow, and maintaining a technological edge in a fast‑moving, highly competitive global market.