Mama's Creations, Inc.

For the period ended Apr 8, 2025. Filed Apr 8, 2025.

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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.

Apr 8, 2025 · Filed Apr 8, 2025

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MAMA$13.40+3.2%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · (in thousands, except per share data)

(in thousands, except per share data)

	For the Quarter Ended January 31,		For the Years Ended January 31,
	2025	2024	2025	2024
Net sales	$33,585	$26,725	$123,328	$103,284
Costs of sales	24,507	18,904	92,795	72,951
Gross profit	9,078	7,821	30,533	30,333
Operating expenses:
Research and development	103	124	455	414
Selling, general and administrative	7,046	5,732	25,201	21,029
Total operating expenses	7,149	5,856	25,656	21,443
Income from operations	1,929	1,965	4,877	8,890
Other income (expenses)
Interest expense	(108)	(66)	(477)	(549)
Interest income	26	—	218	—
Amortization of debt discount	(3)	(5)	(16)	(22)
Other income	43	—	104	27
Total other expenses	(42)	(71)	(171)	(544)
Income before income tax provision and income from equity method investment	1,887	1,894	4,706	8,346
Income from equity method investment	—	—	—	223
Income tax provision	(287)	(486)	(995)	(2,008)
Net income	1,600	1,408	3,711	6,561
Less: series B preferred dividends	—	—	—	(49)
Net income available to common stockholders	1,600	1,408	3,711	6,512
Net income per common share
– basic	$0.04	$0.04	$0.10	$0.18
– diluted	$0.04	$0.04	$0.09	$0.17
Weighted average common shares outstanding
– basic	37,603,500	37,484,148	37,427,571	36,814,162
– diluted	39,576,500	39,196,781	39,418,571	38,381,407

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