Pulling SEC filings + quote and writing the call…

Mama's Creations, Inc.
Next earnings Sep 7, 2026 · consensus $0.05 EPS, $54.0M rev
Last earnings +0.3% on 2026-06-08
Real growth and a clean balance sheet, but a 147x P/E on 3% net margins leaves no room for error — own it, don't chase it.
Sources: SEC EDGAR (CIK 0001520358, latest 10-Q filed 2026-06-08) · EODHD · analysis by claude-code · as of 6/25/2026, 3:04:18 PM.
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Middling fundamentals and a rich price (~75% above fair value) leave little margin of safety — a wait-and-see.
MAMA is a genuinely improving deli-prepared foods business: FY2026 revenue jumped 39% to $172M and net income rose 42% to $5.3M, supported by the September 2025 Crown 1 acquisition ($17.3M cash, contributed ~$23.2M of FY sales) and ~$21.4M of organic volume gains from new customer wins, expanded capacity and promotions. The balance sheet is in the best shape of the company's history — equity more than doubled to $52.6M after a $18.9M private placement at $7.50/share, cash sits at $20.0M against just $5.59M of long-term debt, and operating cash flow more than doubled to $11.4M. Liabilities/equity of 0.63x and capex falling 67.5% to $1.65M suggest the heavy build-out is behind them.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $47.1M | $93.2M | $103M | $123M | $172M |
| Gross profit | $11.9M | $19.4M | $30.3M | $30.5M | $43.0M |
| Operating income | $82.8K | $2.82M | $8.89M | $4.88M | $7.11M |
| Net income | -$252K | $2.30M | $6.56M | $3.71M | $5.29M |
| Diluted EPS | -$0.01 | $0.06 | $0.17 | $0.09 | $0.13 |
| Net margin | -0.5% | 2.5% | 6.4% | 3.0% | 3.1% |
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.
Q1 FY27 10-Q (Apr 30) filed; carries Crown 1 run-rate into new year
Q1 FY27 10-Q (Apr 30) filed; carries Crown 1 run-rate into new year
DEF 14A annual-meeting proxy filed; routine governance items
FY26 10-K: equity +111%, cash $20M, retained earnings flip positive
FY26 10-K: equity +111%, cash $20M, retained earnings flip positive
Officer/director change disclosed alongside Reg FD update
Q3 FY26 10-Q filed; Crown 1 added ~$23M of FY sales
Q3 FY26 10-Q filed; Crown 1 added ~$23M of FY sales
Filed S-3 shelf enabling future equity/debt issuance (dilution risk)
1071 tracked peers · median
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 0 open-market buys · 2 sales
| 2026-04-17 | Gruber Anthony Chief Financial Officer | Award | 3.50K | |
| 2026-04-17 | Tappan Moore III Chief Operating Officer | Award | 3.50K | |
| 2026-04-17 | Michaels Adam Laurance Chief Executive Officer | Award | 82.3K | |
| 2026-04-16 | Michaels Adam Laurance Chief Executive Officer | Sell | 15.4K @ $15.27 | $235K |
| 2026-04-16 | Michaels Adam Laurance Chief Executive Officer | Sell | 844.00 @ $15.84 | $13.4K |
| 2026-04-08 | Michaels Adam Laurance Chief Executive Officer | Award | 97.5K | |
| 2025-10-31 | Michaels Adam Laurance Chief Executive Officer | Award | 18.9K | |
| 2025-10-13 | Michaels Adam Laurance Chief Executive Officer | Sell | 3.51K @ $10.70 | $37.6K |
| 2025-10-03 | Tappan Moore III Chief Operating Officer | Sell | 2.04K @ $10.50 | $21.4K |
| 2025-09-23 | Michaels Adam Laurance Chief Executive Officer | Sell | 65.2K @ $10.89 | $710K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.