Summary by Moomoo AI
Maison Solutions reported strong Q3 FY2025 results with total revenue increasing 151.1% YoY to $34.1 million, driven by the Lee Lee International Supermarkets acquisition and improved El Monte store sales. Net income reached $1.0 million, compared to a $549,000 loss in the prior year. Gross margin slightly decreased to 22.1% from 23.4% due to increased local competition.The company signed a consultancy agreement with four East Coast-based Good Fortune Supermarkets, generating $1.3 million in annual compensation. This strategic move marks the company's expansion into solutions-based operations and supports its M&A growth strategy. The recent appointment of a new COO aims to enhance operational efficiency and drive profitability.For the first nine months of FY2025, revenue grew 130.6% to $94.8 million with net income of $1.5 million. The company maintains its FY2025 guidance of $120-125 million in revenue with positive net income. Management plans to continue store renovations across California locations in coming years.
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