MAMA revenue up 55% as net income doubles and cash tops $138M
MAMA’s revenue rose 55% to $54.6M, net income doubled, and adjusted EBITDA increased 69%. Gross margin improved sequentially. Cash reserves now exceed $138M, supporting further M&A.
Revenue surged 55% to $54.6M, with net income doubling and adjusted EBITDA up 69%.
Gross margin improved sequentially, and the company secured major new distribution at Kroger and a nationwide Costco promotion.
Cash reserves now exceed $138M, supporting further M&A.Based on Mama's Creations, Inc…