Mama's Creations Inc. (MAMA) Financial Statements (2024 and earlier)

Company Profile

Business Address 25 BRANCA ROAD
EAST RUTHERFORD, NJ 07073
State of Incorp. NV
Fiscal Year End January 31
Industry (SIC) 2013 - Sausages and Other Prepared Meat Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

1/31/2024
10/31/2023
MRQ
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,6254,3788513,191394609
Cash and cash equivalents5,6254,3788513,191394609
Receivables11,1416,8327,6283,9743,7282,699
Inventory, net of allowances, customer advances and progress billings2,5723,6362,8911,1951,2461,396
Inventory2,5723,6362,8911,1951,2461,396
Prepaid expense  828269520252155
Other undisclosed current assets1,000     
Total current assets:20,33815,67511,6388,8795,6204,860
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization     
Operating lease, right-of-use asset3,0163,2373,5961,3521,491
Property, plant and equipment 4,6243,4233,6792,9642,8062,885
Long-term investments and receivables  1,343    
Long-term investments  1,343    
Intangible assets, net (including goodwill)14,00010,13610,61888  
Goodwill8,6338,6338,633   
Intangible assets, net (excluding goodwill)5,3671,5031,98588  
Deposits noncurrent assets95545220  
Deferred income tax assets419718489745 
Other undisclosed noncurrent assets  (40) 2020
Total noncurrent assets:22,15418,91018,3945,1694,3172,905
TOTAL ASSETS:42,49234,58530,03214,0489,9377,764
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:10,0849,0636,4793,7073,5533,062
Interest and dividends payable   48
Other undisclosed accounts payable and accrued liabilities10,0849,0636,4793,7073,5533,014
Debt1,8861,6741,453191529554
Due to related parties 760   
Other undisclosed current liabilities2,3711,142293148127 
Total current liabilities:14,34111,8798,9854,0454,2083,616
Noncurrent Liabilities
Long-term debt and lease obligation4,5665,79410,6871,6934,6854,689
Long-term debt, excluding current maturities3,3915,5456,972 2,9974,526
Capital lease obligations163
Finance lease, liability1,175249376475315
Liabilities, other than long-term debt2,6312,8972,250 642642
Due to related parties 2,250 642642
Operating lease, liability2,6312,8973,3391,2181,372
Other undisclosed noncurrent liabilities 3,0001,500 (1,218)  
Total noncurrent liabilities:10,19710,19112,9371,6935,3275,331
Total liabilities:24,53822,07021,9225,7399,5358,946
Equity
Equity, attributable to parent17,95412,5158,1108,310402(1,182)
Common stock  00000
Treasury stock, value(150)(150)(150)(150)(150)(150)
Additional paid in capital23,05922,72420,58820,53616,69516,547
Accumulated deficit(4,955)(10,060)(12,329)(12,077)(16,144)(17,580)
Total equity:17,95412,5158,1108,310402(1,182)
TOTAL LIABILITIES AND EQUITY:42,49234,58530,03214,0489,9377,764

Income Statement (P&L) ($ in thousands)

1/31/2024
10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
Revenues138,74895,42047,08440,75934,83728,522
Cost of revenue(104,028)(73,769)(35,230)(28,019)(23,766)(18,532)
Cost of goods and services sold(104,028)(73,769)(35,230)(28,019)  
Other undisclosed gross profit (2,233)(2,233)    
Gross profit:32,48819,41811,85412,73911,0719,990
Operating expenses(24,179)(16,597)(11,771)(9,261)(8,988)(8,425)
Operating income:8,3092,822833,4782,0831,565
Nonoperating expense(1,137)(653)(38)(156)(551)(1,015)
Other nonoperating income (expense)(8)338  (1,015)
Interest and debt expense(11)(38)(34)(24)(44)(45)
Other undisclosed income from continuing operations before equity method investments, income taxes3838    
Income from continuing operations before equity method investments, income taxes:7,1992,168113,2991,489505
Income from equity method investments223143    
Other undisclosed income from continuing operations before income taxes 117 342444 
Income from continuing operations before income taxes:7,5392,312453,3221,533505
Income tax expense(1,140)(9)(296)(745)  
Income (loss) from continuing operations:6,3992,303(252)2,5771,533505
Income (loss) before gain (loss) on sale of properties:(252)2,5771,533505
Net income (loss):6,3992,303(252)2,5771,533505
Other undisclosed net income attributable to parent    1,490 45
Net income (loss) attributable to parent:6,3992,303(252)4,0671,533550
Preferred stock dividends and other adjustments(49)(34)    
Other undisclosed net loss available to common stockholders, basic (34)     
Net income (loss) available to common stockholders, basic:6,3162,269(252)4,0671,533550
Dilutive securities, effect on basic earnings per share49(34)    
Other undisclosed net loss available to common stockholders, diluted (34)     
Net income (loss) available to common stockholders, diluted:6,3302,235(252)4,0671,533550

Comprehensive Income ($ in thousands)

1/31/2024
10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
Net income (loss):6,3992,303(252)2,5771,533505
Comprehensive income (loss), net of tax, attributable to parent:6,3992,303(252)2,5771,533505

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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