Maison Solutions Inc. · NASDAQ:MSS
Maison Solutions — Investor Presentation (February 2024)
18 slides from Maison Solutions's investor presentation, Feb 9, 2024
Slide 1: Make Buying Fresh Groceries as Easy as Breathing Air
Make Buying Fresh Groceries as Easy as Breathing Air NASDAQ: MSS February 2024
Slide 2: Forward-Looking Statements
Forward - Looking Statements This presentation contains forward - looking statements (within the meaning of such term in Section 27 A of the Securities Act of 1933 , as amended, and Section 21 E of the Securities Exchange Act of 1934 , as amended) about Maison Solutions Inc . based on management’s c
Slide 3: About Us
ABOUT US ▪ Fast - growing, U.S. - based specialty grocery retailer offering traditional Asian food and merchandise to modern consumers, particularly in Asian - American communities ▪ Committed to providing Asian fresh produce, meat, seafood, and other daily necessities that cater to traditional Asia
Slide 4: Investment Highlights
▪ Large and growing U.S. Asian - American communities with significant marketplace opportunities ▪ Multi - channel store network to better serve local communities and neighborhoods ▪ Vertically integrated/cost - efficient supply chain structure ▪ Planned expansion through new store openings and acqu
Slide 5: Competitive Strengths
Vertically Integrated Supply Structure – Ownership stake (10%) in Dai Cheong Trading Company (importer of food/groceries from Asia) ▪ Plan to acquire remaining 90% stake ▪ 100% ownership will allow for a wider variety of products and ensure preferred wholesale pricing Cost Efficient Supply Chain ▪ T
Slide 6: Strategic Business Initiatives
Multi - Channel Store Network Center - Satellite store model combines with revamped mobile apps to provide consistent shopping experience whether online or offline, satisfying needs of diverse customer base Meal Solutions Supermarket “3R Foods” (ready - to - cook, ready - to - heat, ready - to - eat
Slide 7: Multi-Channel Store Network
MULTI - CHANNEL STORE NETWORK Unique multi - channel model uses center stores and surrounding satellite stores to fulfill online and in - store orders, creating a full network of penetration and coverage Center - Satellite Stores ▪ Allows for quick expansion at lower cost ▪ Permits last - mile logis
Slide 8: True Multi-Channel & Full Coverage Shopping Experience
TRUE MULTI - CHANNEL & FULL COVERAGE SHOPPING EXPERIENCE A multi - channel, full - coverage grocery shopping experience to meet needs of all customers Convenience Store In - store Pickup Fresh Food Delivery Suburb Coverage Rich Asian Products Offering * Based on Maison Solutions predictions. * 8
Slide 9: Meal Solutions Supermarket (MSSM) Strength
▪ Growing demand for ready - to - heat, ready - to - cook and ready - to - eat ( 3 R) products ▪ Well suited to current lifestyle of younger customers MEAL SOLUTIONS SUPERMARKET (MSSM) STRENGTH Gourmet Dining In - store dining areas with restaurant - grade Asian gourmet food for dine - in or grab -
Slide 10: MSSM – The Next Hot Market in the Grocery Industry
“Grocery transformation to cover food and dining is the current trend in retail. Millennial and Generation Z become the main customer base. The customers care about quality and convenience way more than the cooking itself. Dining and grocery convergence brings new ideas to both industries.” – Yi Hou
Slide 11: Planned Wholesale, Multi-Channel and Store Upgrades
PLANNED WHOLESALE, MULTI - CHANNEL AND STORE UPGRADES ▪ Planned acquisition of remaining stake of Dai Cheong Trading with conditional exclusive U.S. rights to leading overseas brands ▪ Leverage data connection, supply chain and retail technology to continue upgrading multi - channel sales model ▪ Fu
Slide 12: Store Network Expansion Plan
STORE NETWORK EXPANSION PLAN ▪ Continue to expand footprint through new store openings and acquisitions in major metropolitan areas, focusing first on center stores, with satellite stores to follow ▪ On schedule to open flagship 37,000 square foot store in Rowland Heights, CA in late 2024; will beco
Slide 13: Income Statement Highlights
INCOME STATEMENT HIGHLIGHTS Year Ended April 30, Quarter Ended October 31, (Unaudited) 2022 2023 2022 2023 ($ in thousands, except per - share and share data) $41,984 $55,399 $14,168 $13,766 Net sales $8,287 $12,451 $3,084 $3,123 Gross profit 19.7% 22.5% 21.8% 22.7% Gross margin $17 $297 $15 $(15) T
Slide 14: Balance Sheet & Cash Flow Highlights
BALANCE SHEET & CASH FLOW HIGHLIGHTS Year Ended 4/30/2023 Quarter Ended 10/31/2023 (Unaudited) Balance Sheet Data: $2,570 $8,601 Cash and cash equivalents $8,286 $14,251 Total current assets $34,584 $42,356 Total assets $8,373 $8,311 Total current liabilities $33,792 $32,772 Total liabilities $792 $
Slide 15: Progress since IPO
Progress since IPO 15
Slide 16: El Monte Store Renovation
EL MONTE STORE RENOVATION ▪ Permit received to begin renovation of El Monte, CA store with completion expected in March 2024 ▪ Renovation to provide more modern shopping experience for customers ▪ First in a series of planned store upgrades ▪ Leveraging and deploying recently purchased software suit
Slide 17: Growth Strategy
GROWTH STRATEGY ▪ Focus on younger consumers, a large and growing market ▪ Further integrate supply chain with Dai Cheong Trading ▪ Continue upgrades of existing stores and warehouses in California ▪ Open new center stores, including flagship store in Rowland Heights, CA ▪ Acquire additional center
Slide 18: Make Buying Fresh Groceries as Easy as Breathing Air
Make Buying Fresh Groceries as Easy as Breathing Air maisonsolutionsinc.com info@maisonsolutionsinc.com 127 N Garfield Ave. Monterey Park, CA 91754
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