Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026

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MethodCoverageAbout
Maison Solutions Inc.MSS · shops
GradeNonecomputable_factors_below_threshold: 4 of 14 inputs computable; 7 are required
Reliability0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025
Peer failure rate1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$12.5M to $120M assetstotal assets $77.4M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningslate filer, thin datanot computable: dilution, short runway, distress
Inputs computable4 of 14
Graded fromfilings received through Aug 14, 2025421 days before the rescan; every figure keyed to the SEC receipt date
Last close$1.602026-10-08; market equity $558,415; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$20$40NovDecJanFebMarAprMayJunJulAugSepOct$1.61
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Aug 21, 2023nonen/aQ2

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Aug 14, 2025; the document on sec.gov.

“us,” “our,” “Maison,” “the Company” or “our Company” refer to Maison Solutions Inc., a Delaware corporation, except where the context requires otherwise. offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. We are committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which we operate. To achieve this, we are developing a center-satellite stores network.

Warnings [top]

Late filer. found 5 NT 10-K/Q filings in the last eight quarters
Thin data. 4 of 14 grade factors are computable; minimum is 7

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 60.1
Gross profitability34.1%[1,3]42.6%62.22422025-04-30
Return on invested capitalnot computable10.9%
a prior annual debt, equity, and cash observation is required
Accruals ratio(4.5%)[1,4-6](4.9%)58.02872025-04-30
Gross margin stability, five yearsnot computable1.2 pts
five annual gross margins are required; found 3
Solvency, sleeve percentile 81.2
Twelve-month failure probabilitynot computable0.04%
liabilities and a nearby cover-page share count are required at 2026-01-31
Altman Z double-prime(0.83)[1,7-12]1.9272.02082025-04-30
Net debt to EBITDAnot computable1.84x
required facts have no common fiscal period end
Interest coveragenot computable2.26x
one or more required annual facts are missing
Current ratio0.57x[7-8]1.37x90.52952025-04-30
Growth and financing
Revenue growth, three-year compoundnot computable1.5%
four annual observations are required; found 3
Free cash flow growth, three-year compoundnot computable5.6%
four consecutive annual FCF observations are required; found 1
Reinvestment ratenot computable7.3%
required facts have no common fiscal period end
Asset growth, three yearsnot computable3.4%
four annual observations are required; found 3
Net share issuance, one yearnot computable(0.6%)
raw and split-adjusted prices do not align at 2023-07-31

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Among 258 Peers [top]

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(97.3%)(0.1%)2hotter than 2 of 100 peers
Distance from 52-week high(96.2%)(24.1%)2closer to its high than 2 of 100 peers
EBIT to enterprise value(61.2%)5.3%6pricier than 94 of 100 peers
Free cash flow yield77.4%4.2%99pricier than 1 of 100 peers
Book value to price13.710.36100pricier than 0 of 100 peers
Sales to price221.061.75100pricier than 0 of 100 peers
Composite equity issuance, five yearsnot computable(16.7%)a share count from five years earlier is required
Relative strength against the sector, log excess return(3.59)0.022ahead of 2 of 100 peers

Inputs: market equity $561,905; EBIT -$1.3M; free cash flow $434,803; book equity $7.7M; sales $124.2M; debt $2.6M; cash $1.1M[13].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-04-30
Return on assets above zero1.4%✓ pass[4,6]
Operating cash flow above zero$4.8M✓ pass[5]
Return on assets improved11.1 pts✓ pass[4,6,14-15]
Operating cash flow exceeds net income$3.6M✓ pass[4-5]
Long-term leverage fell(1.1 pts)✓ pass[1,6,15-17]
Current ratio improved8.2 pts✓ pass[7-8,18-19]
No new shares issuedn/a[13,20]
Gross margin improved1.2 pts✓ pass[2-3,21-22]
Asset turnover improved(17.1 pts)✗ fail[2,6,15,22]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[5,23-26]
Months of runwaynot finite
cash is missing at the end of the latest cash-flow quarter
Late filings, two years5
NT 10-K or NT 10-Q
Days since last periodic filing206
10-Q received Mar 17, 2026
Median daily dollar volume$374,847
63 sessions
Days since newest grade input421

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$77.4M2025-04-302025-08-1410-Kfiling · viewer · series
2revenueus-gaap:Revenues$124.2M2025-04-302025-08-1410-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$26.3M2025-04-302025-08-1410-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$1.2M2025-04-302025-08-1410-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$4.8M2025-04-302025-08-1410-Kfiling · viewer · series
6assetsus-gaap:Assets$82.4M2024-04-302025-08-1410-Kfiling · viewer · series
7current assetsus-gaap:AssetsCurrent$12.9M2025-04-302025-08-1410-Kfiling · viewer · series
8current liabilitiesus-gaap:LiabilitiesCurrent$22.7M2025-04-302025-08-1410-Kfiling · viewer · series
9retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$1.6M2025-04-302025-08-1410-Kfiling · viewer · series
10operating incomeus-gaap:OperatingIncomeLoss-$1.3M2025-04-302025-08-1410-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$11.7M2025-04-302025-08-1410-Kfiling · viewer · series
12liabilitiesus-gaap:Liabilities$65.7M2025-04-302025-08-1410-Kfiling · viewer · series
13shares outstandingdei:EntityCommonStockSharesOutstanding17,450,4762024-08-062024-08-1310-Kfiling · viewer · series
14net incomeus-gaap:NetIncomeLoss-$3.3M2024-04-302025-08-1410-Kfiling · viewer · series
15assetsus-gaap:Assets$34.6M2023-04-302024-08-1310-Kfiling · viewer · series
16long term debtus-gaap:LongTermDebt$2.6M2025-04-302025-08-1410-Kfiling · viewer · series
17long term debtus-gaap:LongTermDebt$2.6M2024-04-302024-08-1310-Kfiling · viewer · series
18current assetsus-gaap:AssetsCurrent$14.0M2024-04-302025-08-1410-Kfiling · viewer · series
19current liabilitiesus-gaap:LiabilitiesCurrent$28.8M2024-04-302025-08-1410-Kfiling · viewer · series
20shares outstandingdei:EntityCommonStockSharesOutstanding13,760,0002023-07-312023-08-0110-K/Afiling · viewer · series
21gross profitus-gaap:GrossProfit$11.6M2024-04-302025-08-1410-Kfiling · viewer · series
22revenueus-gaap:Revenues$58.0M2024-04-302025-08-1410-Kfiling · viewer · series
23operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$911,7902026-01-312026-03-1710-Qfiling · viewer · series
24operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$636,4792025-10-312025-12-2210-Qfiling · viewer · series
25operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.1M2025-07-312025-09-2210-Qfiling · viewer · series
26operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$6.4M2025-01-312026-03-1710-Qfiling · viewer · series

Limitations [top]

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.

Informational and educational only. Not investment advice. SEC and market data may contain errors.

If you have any comments about this page, the methodology and every line of code that produced it are in the public repository. However, due to the limited number of personnel, we are unable to provide a direct response.

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Source
GitHub · ezrakruger.cc
Photographs from Wikimedia Commons

bull: Raphael Schön from Vienna, Austria, CC BY 2.0; bear: U. S. Fish and Wildlife Service - Northeast Region, Public domain; elk: Oregon Department of Fish & Wildlife, Public domain; tortoise: NPS, Public domain; sloth: Charles J. Sharp, CC BY-SA 3.0; fox: Cp9asngf, CC BY-SA 4.0; sector-business_equipment: Sangitiana Fararano, CC BY-SA 2.0; sector-healthcare: User:Squidonius, myself, and User:Beliason (assumed)., CC BY-SA 4.0; sector-manufacturing: unknown, CC BY-SA 2.0; sector-shops: Wilfredor, CC BY-SA 4.0; sector-consumer_nondurables: Nielsoncaetanosalmeron, CC BY 4.0; sector-utilities: Lijovklm, CC BY-SA 4.0; sector-consumer_durables: Stilfehler, CC BY-SA 4.0; sector-chemicals: PEO ACWA, CC BY 2.0; sector-energy: Arne Hückelheim, CC BY-SA 3.0; sector-telecom: Wikideas1, CC0; sector-other: Downtowngal, CC BY-SA 4.0.

Updated Oct 9, 2026