EEDGAR/calls
The BriefMarketsAll StocksNewsScreenerCommunity

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

EEDGAR/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Groups
  • Trending
  • News

More

  • Pricing
  • Community
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. EDGAR/calls is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

EEDGAR/calls
The BriefMarketsAll StocksNewsScreenerCommunity

Pulling SEC filings + quote and writing the call…

EEDGAR/calls
The BriefMarketsAll StocksNewsScreenerCommunity
← New search
Home›Stocks›MAAS

MAAS

Maase Inc.

Avoid
$12.77
▼ -26.82%
$12.77▲ +28.60%
over 1Y
L $2.86EODHDH $21.24
Today-26.8%
1W-28.5%
1M+8.8%
3M+131.3%
YTD+119.2%
1Y+28.6%
OverviewFinancialsValuationQualityFilings
Rating
Avoid
Quality
C-
Valuation
Fair value
Avoid
Conviction
Horizon
Long (>12mo)

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.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
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.

Key statistics

Valuation

Enterprise value$203M
EV / EBITDA—
EV / Sales1.9
EV / FCF22.1
P / FCF22.1
PEG (trailing)—
Earnings yield-13.5%
FCF yield4.5%

Quality & risk

ROIC (est.)-76.1%
Free cash flow$9.20M
Total debt$11.5M
Net cash$7.00K
Altman Z-Score0.66 distress
Piotroski F-Score5/7

Capital returns

Buyback yield0.7%
Dividend yield (est.)—
Shareholder yield0.7%
Shares Δ YoY-95.7%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Recent filings

all on EDGAR ↗
6-KPeriod ending 2025-12-312026-06-23open ↗6-KPeriod ending 2026-06-122026-06-12open ↗SCHEDULE 13D/AFiling2026-04-09open ↗SCHEDULE 13GFiling2026-04-06open ↗SCHEDULE 13G/AFiling2026-04-03open ↗6-KPeriod ending 2026-03-312026-03-31open ↗3Period ending 2025-11-282026-03-20open ↗3Period ending 2025-08-122026-03-19open ↗3Period ending 2025-01-242026-03-18open ↗3Period ending 2025-04-012026-03-18open ↗3Period ending 2025-12-312026-03-18open ↗3Period ending 2024-09-302026-03-18open ↗

Quality score

C-
ValueGrowthProfitHealthMom.
ValueA-
GrowthC
ProfitabilityF
Financial healthC
Momentum—
  • ✗Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
Revenue
$109M
-33.1% YoY
Net margin
-25.1%
ROE
-30.8%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$109M-33.1%
Net income-$27.4M+31.4%
Operating income-$96.5M-52.2%
Diluted EPS-$3.61-1974.7%
Cash & equivalents$11.5M-71.8%
Total assets$470M-20.2%
Total liabilities$164M-27.1%
Stockholders' equity$88.8M-49.8%
Op.: -88.5%L/E: 1.85x

Frequently asked

Is Maase Inc. (MAAS) a buy?
MAAS currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Unprofitable micro-cap with revenue down 33%, an -88.5% operating margin and shrinking equity — not investable now.
What is Maase Inc.'s quality score?
MAAS scores 51.74509803921569/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

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.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Recent news

market news →
Insurers in gainers; Goldman Sachs, Morgan Stanley among losers: week's financials wrapBearish
seekingalpha.com· 2026-06-27
Citi, American Express in gainers; Visa, Mastercard in losers: week's financials wrapBullish
seekingalpha.com· 2026-06-13
Maase (MAAS) Soars 84% as Firm Expands AI FootholdBullish
finance.yahoo.com· 2026-04-20
Morgan Stanley, Citi in gainers; Wells Fargo among losers: week's financials wrapBullish
seekingalpha.com· 2026-04-18
Asian Equities Traded in the US as American Depositary Receipts Little Changed in Thursday Trading
finance.yahoo.com· 2026-04-16
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Tuesday Trading
finance.yahoo.com· 2026-03-31

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score52 vs 67
Revenue growth-33.1% vs 7.1%
Net margin-25.1% vs 10.5%
Return on equity-30.8% vs 12.3%
P/E— vs 25.5

News sentiment

EODHD · 2d
Bearish
-0.80
vs typical · 2 articles

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.