MaxsMaking (MAMK) investor relations material

Company overview and business model

• Manufactures customized consumer goods, focusing on small-batch textile products for B2B and B2C markets, leveraging proprietary technology and digital production systems.

• Operations are primarily in China, with headquarters in Shanghai and manufacturing in Zhejiang and Henan provinces.

• Offers a diverse product range including bags, aprons, tablecloths, and promotional items, serving SMEs, e-commerce sellers, and organizations.

• Emphasizes sustainability, using recycled materials and environmentally responsible production methods.

• Strategic goal is to become a global leader in customized textile goods, expanding through technology, product development, and international reach.

Financial performance and metrics

• Fiscal year ended October 31, 2024 revenue was $21.43 million, down 18.4% from $26.26 million in 2023, mainly due to decreased sales in China and North America.

• Gross profit for 2024 was $3.97 million (18.5% margin), up from 16.0% in 2023, driven by a higher proportion of overseas sales.

• Net income for 2024 was $1.88 million, a 4.9% decrease from $1.98 million in 2023.

• As of October 31, 2024, cash was $0.18 million, with $2.79 million in short-term loans and $1.39 million in long-term loans.

• Working capital at year-end 2024 was $9.10 million, up from $5.95 million in 2023.

Use of proceeds and capital allocation

• Net proceeds of approximately $8.19 million expected, assuming a $4.50/share IPO price.

• 45% allocated to expanding production facilities and equipment, 20% for strategic investments/acquisitions, 15% for new hires, 12% for marketing, and 8% for R&D.

• Proceeds to be transferred to PRC subsidiaries via capital contributions or loans, subject to regulatory approvals.