Maison Solutions Inc. Class A (MSS) AI Stock Analysis

• Market Cap: $4.69M
• Dividend Yield: N/A
• Average Volume (3M): 745.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.13
• Revenue Growth: 29.76%
• EPS Growth: -70.92%
• Country: US
• Employees: 376
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Grocery Stores
• EPS (TTM): -0.21
• Shares Outstanding: 27,451,517
• 10 Day Avg. Volume: 1,919,372
• 30 Day Avg. Volume: 745,296
• PEG Ratio: 0.02
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 0.33
• P/FCF Ratio: -2.80
• Enterprise Value/Market Cap: 10.45
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 2.14
• Enterprise Value/Ebitda: -4.51
• 1Y Price Target: $4.50
• Price Target Upside: 552.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.24
• Revenue Forecast (FY): $121.40M

• Rating: 41 Neutral
• Price Target: $0.13 ▼(-80.72% Downside)
• Action: Upgraded Date: 03/19/26
• Date: Action: Upgraded 03/19/26

The score is weighed down primarily by weak financial performance (losses, negative cash flow, and high leverage) and a clearly bearish technical backdrop (below all major moving averages with negative MACD). Valuation provides limited support due to negative earnings and no dividend, while the Nasdaq compliance event adds additional downside risk.

Positive Factors

Gross margin stability

A steady ~19–20% gross margin in grocery retail provides a durable margin floor that helps absorb procurement cost swings. This consistency supports longer-term profitability potential if SG&A and shrink are managed, enabling recovery even with uneven top-line trends.

Demonstrated prior free cash flow

The firm's ability to generate meaningful free cash flow in 2025 shows the business model can convert sales into capital for reinvestment or debt reduction. That historical cash generation indicates operational levers exist to restore liquidity if management re-aligns costs or sales mix.

Simplified portfolio via JV exit

Exiting the Arcadia joint venture removes a non-core asset and associated operational obligations. This strategic simplification reduces management complexity and potential indemnification exposure, allowing focus of limited capital and attention on core grocery operations over the medium term.

Negative Factors

High leverage

A debt-to-equity ratio near 4.2x leaves a thin equity cushion and magnifies refinancing and interest risks. For a low-margin grocery chain, high leverage constrains capital allocation, reduces resilience to demand shocks, and increases the chance of distress if cash generation remains weak.

Negative operating and free cash flow (TTM)

TTM negative OCF and FCF signal the business has begun burning cash, eroding liquidity and forcing reliance on external financing or asset sales. Sustained cash outflow would limit capacity to service debt, invest in stores, or execute turnaround initiatives without raising costly capital.

Nasdaq listing compliance overhang

An active Nasdaq deficiency and potential reverse split create a structural governance and financing risk. Listing remediation actions can alter shareholder base, complicate equity raises, and signal distress to suppliers or lenders, constraining strategic options over the coming months.

Maison Solutions Inc. Class A Business Overview & Revenue Model

Company Description

Maison Solutions Inc. Class A (MSS) is a technology-driven company specializing in providing innovative solutions for the real estate and property management sectors. The company focuses on software development, data analytics, and consulting services aimed at enhancing operational efficiency and customer engagement for property managers and real estate developers. MSS offers a suite of products including property management software, tenant engagement platforms, and predictive analytics tools designed to optimize property performance and streamline management processes.

How the Company Makes Money

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Maison Solutions Inc. Class A Financial Statement Overview

Summary

Weak fundamentals dominate: TTM revenue declined (~-3.9%), profitability deteriorated (operating margin ~-6.5%, net loss ~$12.0M), leverage is high (debt-to-equity ~4.2x) with a thin equity cushion, and cash generation turned negative (OCF and FCF both ~-$0.7M).

Income Statement

TTM (Trailing-Twelve-Months) revenue is ~$113.7M and slightly down versus the prior period (revenue growth about -3.9%), while gross margin remains steady near ~19–20%, which is reasonable for grocery retail. However, profitability has deteriorated meaningfully: TTM operating results are deeply negative (operating margin about -6.5%) and the company posted a sizable net loss (~-$12.0M, net margin about -4.9%). The multi-year pattern shows uneven earnings (profit in 2023 and 2025, losses in 2024 and a larger loss in TTM), signaling unstable execution and limited margin of safety.

Balance Sheet

Leverage is high for the business profile: TTM total debt is ~$41.3M against equity of ~$7.7M (debt-to-equity ~4.2x). While equity improved versus earlier years that showed negative equity, the balance sheet still appears thin relative to the debt load, and returns to shareholders are currently poor (TTM return on equity is strongly negative due to losses). Total assets are ~$72.1M, but the combination of high leverage and weak profitability increases refinancing and downturn risk.

Cash Flow

Cash generation weakened materially in TTM (Trailing-Twelve-Months): operating cash flow is slightly negative (~-$0.7M) and free cash flow is also negative (~-$0.7M), a sharp step down from positive free cash flow in 2025 (~$4.6M). The recent decline suggests earnings pressure is now translating into cash burn, reducing financial flexibility. While some prior years showed the ability to generate positive operating cash flow, the latest TTM trend is unfavorable and raises near-term funding risk if it persists.

Breakdown	TTM	Jul 2024	Apr 2023	Apr 2022	Apr 2021
Income Statement
Total Revenue	113.73M	124.22M	55.40M	41.98M	41.20M
Gross Profit	22.94M	26.34M	12.45M	8.29M	8.31M
EBITDA	-10.86M	-229.52K	454.18K	-389.18K	1.13M
Net Income	-12.01M	1.17M	1.25M	-562.74K	904.08K
Balance Sheet
Total Assets	72.09M	77.36M	34.58M	26.10M	23.26M
Cash, Cash Equivalents and Short-Term Investments	1.52M	775.36K	2.57M	898.06K	714.28K
Total Debt	47.50M	51.24M	27.56M	20.91M	19.97M
Total Liabilities	64.53M	65.72M	33.79M	26.95M	23.45M
Stockholders Equity	7.70M	11.67M	524.31K	-727.49K	-164.75K
Cash Flow
Free Cash Flow	-738.15K	4.58M	434.80K	1.42M	1.07M
Operating Cash Flow	-718.22K	4.76M	484.19K	1.49M	1.11M
Investing Cash Flow	-2.94M	-237.35K	1.86M	-3.28M	-1.23M
Financing Cash Flow	2.66M	-5.82M	-746.64K	1.98M	-650.99K

Maison Solutions Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.69
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MSS, the sentiment is Negative. The current price of 0.69 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.26, and above the 200-day MA of 0.64, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 29.92 is Positive, neither overbought nor oversold. The STOCH value of 6.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MSS.

Maison Solutions Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VLGEA	76 Outperform	$540.87M	7.26	11.37%	2.63%	3.88%	7.71%
DDL	67 Neutral	$527.28M	17.51	23.09%	―	8.34%	40.20%
NGVC	66 Neutral	$583.20M	12.71	23.11%	1.99%	7.19%	35.90%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
IMKTA	60 Neutral	$1.55B	11.86	5.93%	0.93%	-5.42%	-20.80%
GO	45 Neutral	$568.31M	―	-19.78%	―	7.22%	-108.99%
MSS	41 Neutral	$4.69M	-0.31	-2.32%	―	29.76%	-70.92%

Maison Solutions Inc. Class A Corporate Events

Maison Solutions exits Arcadia joint venture stake

On January 31, 2026, Maison Solutions Inc. entered into and simultaneously closed a Buy-Sell Agreement to divest its 49% ownership interest in HKGF Market of Arcadia, LLC to JC Business Guys, Inc. for a nominal purchase price of $1.00, following board approval granted on January 27, 2026. The agreement, which includes customary representations, warranties lasting 18 months, mutual indemnification provisions and a release of certain claims by the buyer, effectively removes Maison Solutions from the joint venture and simplifies its exposure to that business, signaling a strategic exit from the Arcadia operation that may reflect a desire to streamline its portfolio or disengage from a non-core or underperforming asset.

The most recent analyst rating on (MSS) stock is a Sell with a $0.24 price target. To see the full list of analyst forecasts on Maison Solutions Inc. Class A stock, see the MSS Stock Forecast page.

Maison Solutions Granted Nasdaq Extension to Regain Compliance

On July 10, 2025, Maison Solutions Inc.’s Class A common stock fell out of compliance with Nasdaq Capital Market rules after its bid price remained below the $1.00 minimum for 30 consecutive business days, triggering a deficiency notice from the exchange. On January 7, 2026, at the company’s request, Nasdaq granted an additional 180-day compliance period, through July 6, 2026, during which the company can regain compliance if its shares close at or above $1.00 for at least ten consecutive business days; management is monitoring the stock price and evaluating options to cure the deficiency, including a potential reverse stock split, a move that could affect shareholders and the company’s continued listing status.

The most recent analyst rating on (MSS) stock is a Hold with a $0.29 price target. To see the full list of analyst forecasts on Maison Solutions Inc. Class A stock, see the MSS Stock Forecast page.