MAMA posts revenue up 55%, net income doubles; cash $138.6M
MAMA reported revenue of $54.6M, up 55%, with net income doubling. Adjusted EBITDA rose 69% and cash totaled $138.6M, supporting continued growth and M&A plans.
Revenue surged 55% to $54.6M, with net income doubling and adjusted EBITDA up 69%.
Expanded distribution at Kroger, Walmart, and Costco, plus a $138.6M cash balance, position the company for further growth and M&A.
Gross margin improved sequentially, with continued focus on profitable expansion.Bas…