Mamas Creations Inc
For the period ended Sep 10, 2024. Filed Sep 10, 2024.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Sep 10, 2024 · Filed Sep 10, 2024
Use the contents to explore the available documents and sections.
MAMA$13.40+3.2%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| For the Three Months Ended July 31, | For the Six Months Ended July 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $28,382 | $24,790 | $58,220 | $47,911 |
| Costs of sales | 21,503 | 17,284 | 43,878 | 34,034 |
| Gross profit | 6,879 | 7,506 | 14,342 | 13,877 |
| Operating expenses: | ||||
| Research and development | 93 | 95 | 197 | 166 |
| Selling, general and administrative expenses | 5,174 | 5,136 | 11,760 | 9,493 |
| Total operating expenses | 5,267 | 5,231 | 11,957 | 9,659 |
| Income from operations | 1,612 | 2,275 | 2,385 | 4,218 |
| Other income (expenses) | ||||
| Interest expense | (122) | (182) | (249) | (359) |
| Interest income | 63 | — | 155 | — |
| Amortization of debt discount | (4) | (6) | (10) | (11) |
| Other income | — | 7 | — | 27 |
| Total other expenses | (63) | (181) | (104) | (343) |
| Net income before income tax provision and income from equity method investment | 1,549 | 2,094 | 2,281 | 3,875 |
| Income from equity method investment | — | 78 | — | 223 |
| Income tax expense | (401) | (430) | (580) | (954) |
| Net income | 1,148 | 1,742 | 1,701 | 3,144 |
| Less: series B preferred dividends | — | (21) | — | (49) |
| Net Income available to common stockholders | 1,148 | 1,721 | 1,701 | 3,095 |
| Net income per common share | ||||
| – basic | $0.03 | $0.05 | $0.05 | $0.09 |
| – diluted | $0.03 | $0.05 | $0.04 | $0.08 |
| Weighted average common shares outstanding | ||||
| – basic | 37,336 | 36,855 | 37,298 | 36,628 |
| – diluted | 39,604 | 37,490 | 39,535 | 37,195 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.