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Mama's Creations, Inc. MAMA Farmingdale — Number of options to extend lease

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Other financials

Income statement

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Revenue$52.8M+49.7%
Gross profit$12.4M+35.3%
Operating income$2.7M+68.8%
Net income$2.1M+66.3%
EPS (diluted)$0.05+66.7%

Balance sheet

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Cash & equivalents$24.0M+99.6%
Total debt$8.9M+5.6%
Total equity$55.4M+109%
Total assets$87.5M+66.0%

Cash flow

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Operating cash flow$5.0M-16.6%
CapEx$177.0K-67.2%
Free cash flow$4.8M-11.6%

Valuation

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Market cap$832.77M+177%
Enterprise value$817.72M+173%
P/E136.4×+69.9×
P/S4.4×+2.2×

Profitability

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Gross margin24.5%-0.6pp
Operating margin4.3%-0.1pp
Net margin3.2%-0.2pp
FCF margin6.6%+0.1pp

Returns & leverage

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Return on equity14.9%-3.9pp
Debt / equity0.2×-0.2×
Current ratio2.3×+1.0×

Where this comes from

Reported directly by Mama's Creations, Inc. in its filing.

Tagged under the XBRL concept mama:LesseeOperatingLeaseOptionToExtendNumberOfAdditionalTerms.

The source filing: Mama's Creations, Inc.’s 10-Q, filed June 8, 2026.

Filed
Jun 8, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-041533

The Company leases 20,188 square feet in a fully contained facility in Farmingdale, NY from 148 Allen Blvd LLC for production and distribution of Creative Salads and Olive Branch products. 148 Allen Blvd LLC is owned by Mr. Morello and various individuals related to Mr. Morello. This lease term is through November 30, 2031, with the option to extend the lease for two additional ten-year terms with base rent of approximately $20 thousand per month through December 31, 2026, increasing after that date to approximately $24 thousand per month through the end of the initial lease term. The exercise of optional renewal is uncertain and, therefore, excluded from the calculation of the right of use asset. Rent expense and other ancillary charges pursuant to the lease was approximately $84 thousand for both the three months ended April 30, 2026 and April 30, 2025.

Item 1. Financial Statements.

FAQ

What is Mama's Creations, Inc.'s farmingdale — number of options to extend lease?
Mama's Creations, Inc. (MAMA) reported farmingdale — number of options to extend lease of 2 in Q1 2026.
How has Mama's Creations, Inc.'s farmingdale — number of options to extend lease changed year-over-year?
Mama's Creations, Inc.'s farmingdale — number of options to extend lease decreased by 0.0% year-over-year, from 2 to 2.
What does farmingdale — number of options to extend lease mean?
This metric quantifies the remaining contractual rights available to the company to renew or extend its lease agreements for the Farmingdale site. It provides insight into the long-term security of the company's physical presence and operational continuity in this location. A higher number of extension options indicates greater flexibility and reduced risk regarding potential relocation or lease renegotiation costs.

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