Maison Solutions Inc.
For the period ended Apr 30, 2025. Filed Aug 14, 2025.
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FY2025 · Filed Aug 14, 2025
MSS$1.00-6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| As of April 30, 2025 | As of April 30, 2024 (Restated) | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash | $775,360 | $2,074,298 |
| Accounts receivable | 2,658,524 | 111,874 |
| Accounts receivable - related parties | 472,907 | 459,647 |
| Inventories, net | 5,754,924 | 6,802,255 |
| Prepayments | 2,439,482 | 3,263,711 |
| Other receivables and other current assets | 694,943 | 1,240,786 |
| Other receivables - related parties | 128,995 | 33,995 |
| Total current assets | 12,925,135 | 13,986,566 |
| NON-CURRENT ASSETS | ||
| Restricted cash | - | 1,101 |
| Property and equipment, net | 2,033,932 | 2,334,963 |
| Intangible assets, net | 7,419,812 | 7,978,911 |
| Security deposits | 956,008 | 946,208 |
| Investment under cost method | 75,000 | 75,000 |
| Investment under cost method - related parties | 162,665 | 203,440 |
| Investment under equity method | 848,493 | 1,261,458 |
| Operating lease right-of-use assets, net | 38,058,995 | 40,726,647 |
| Goodwill | 14,882,849 | 14,882,849.00 |
| Total non-current assets | 64,437,754 | 68,410,577 |
| TOTAL ASSETS | $77,362,889 | $82,397,143 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Bank overdraft | $1,446,647 | $97,445 |
| Accounts payable | 7,986,255 | 5,394,423 |
| Accounts payable - related parties | 536,373 | 470,605 |
| Accrued expenses and other payables | 1,765,663 | 1,627,082 |
| Other payables - related parties | 512,824 | 491,586 |
| Income tax payable | 661,408 | 442,518 |
| Contract liabilities | 701,929 | 965,696 |
| Operating lease liabilities, current | 4,186,193 | 4,088,678 |
| Loan payable, current | 62,212 | 65,098 |
| Notes payable, current | 4,887,094 | 15,126,065 |
| Total current liabilities | 22,746,598 | 28,769,196 |
| NON-CURRENT LIABILITIES | ||
| Long-term loan payable | 2,553,838 | 2,496,201 |
| Security deposit from sub-tenants | 131,228 | 125,114 |
| Operating lease liabilities, non-current | 36,763,887 | 39,015,252 |
| Notes payable, non-current | 754,966 | |
| Convertible notes payable, net of unamortized OID and debt issuance costs of $609,583 | 584,199 | - |
| Derivative liability | 1,004,230 | - |
| Deferred tax liability, net | 1,183,914 | 1,272,260 |
| Total non-current liabilities | 42,976,262 | 42,908,827 |
| TOTAL LIABILITIES | 65,722,860 | 71,678,023 |
| Commitment and contingencies (Note 18) | ||
| STOCKHOLDER’S EQUITY | ||
| Class A Common stock, $0.0001 par value, 97,000,000 shares authorized; 17,450,476 shares issued and outstanding as of April 30,2025 and 2024, respectively | 1,745 | 1,745 |
| Class B Common stock, $0.0001 par value, 3,000,000 shares authorized; 2,240,000 shares issued and outstanding | 224 | 224 |
| Additional paid in capital | 13,313,523 | 13,313,523 |
| Accumulated deficit | (1,648,223) | (2,817,495) |
| Total Maison Solutions, Inc. stockholders’ equity | 11,667,269 | 10,497,997 |
| Noncontrolling interest | (27,240) | 221,123 |
| Total stockholders’ equity | 11,640,029 | 10,719,120 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $77,362,889 | $82,397,143 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.