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Maison Solutions Inc.

MSS Nasdaq Consumer Staples · Retail-Grocery Stores Monterey Park, CA maisonsolutionsinc.com
$1.58
Mkt Cap 27.6M
As used in this Annual Report on Form 10-K, we, us, our, Maison, the Company or our Company refer to Maison Solutions Inc., a Delaware corporation, except where the context requires otherwise. Our Com…

As used in this Annual Report on Form 10-K, we, us, our, Maison, the Company or our Company refer to Maison Solutions Inc., a Delaware corporation, except where the context requires otherwise. Our Company We are a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. We are committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which we operate. To achieve this, we are developing a center-satellite stores network. Since our formation in July 2019, we have acquired equity interests in three traditional Asian supermarkets in Los Angeles, California and three traditional Asian supermarkets in the greater Phoenix and Tucson, Arizona metro areas. We have been operating these six supermarkets as center stores, which we define as a full service store, similar to a traditional supermarket or grocery store covering a metro area, but with its own storage space to be used as a warehouse to distribute products to the satellite stores. The center stores target traditional Asian-American family-oriented customers with a variety of meat, fresh produce and other merchandise, while additionally stocking items which appeal to the broader community.

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REVENUE TTM
$118.7M
FCF TTM
-$767.6K
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