Pulling SEC filings + quote and writing the call…

Maase Inc.
Unprofitable micro-cap with revenue down 33%, an -88.5% operating margin and shrinking equity — not investable now.
Revenue $109M · FY2025
Maase Inc. is a small foreign-issuer investment-advice/fintech company, and the available SEC figures point to a deteriorating, unprofitable business. FY2025 revenue fell 33.1% to $109M, the operating loss widened to -$96.5M (a stark -88.5% operating margin), and the company posted a net loss of -$27.4M (-$3.61 diluted EPS). The revenue history is highly erratic — $28.2M (FY2022), $15.8M (FY2023), a spike to $163M (FY2024), then back down to $109M (FY2025) — which makes the business difficult to underwrite and suggests volatile, possibly non-recurring revenue streams.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $29.6M | $28.2M | $15.8M | $163M | $109M |
| Gross profit | — | — | — | — | — |
| Operating income | -$11.3M | -$11.1M | -$8.11M | -$63.4M | -$96.5M |
| Net income | — | -$9.06M | -$6.01M | -$39.9M | -$27.4M |
| Diluted EPS | — | -$0.10 | -$0.07 | -$0.17 | -$3.61 |
| Net margin | — | -32.1% | -38.1% | -24.4% | -25.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Sources: SEC EDGAR (CIK 0001750264, latest 6-K filed 2026-06-23) · EODHD · analysis by claude-code · as of 6/21/2026, 8:51:21 PM.
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1044 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.