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Massimo Group(MAMO) - 2024 Q1 - Quarterly Results
MAMOMassimo Group(MAMO)2024-05-14 12:47

Exhibit 99.1 Massimo Group Reports First Quarter 2024 Financial Results Q1 2024 Revenue Increases 60% YoY to 30.2MillionQ12024NetIncomeIncreases48030.2 Million Q1 2024 Net Income Increases 480% YoY to 3.2 Million New In-Store Agreements with Leading Global Retailers for Motor Vehicles Increased Massimo Motor Production Capacity to 3,000+ Vehicles a Month Garland, TX – May 14, 2024 — Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, has reported its financial and operational res ...