Mama’s Creations Q1 Revenue Jumps 50% to $52.8M, EBITDA Soars 71%
MAMA•First-quarter revenue grew 50% to $52.8 million while net income rose 66% to $2.1 million, and adjusted EBITDA increased 71% to $4.9 million. Cash and equivalents expanded to $24.4 million, and a dozen new branded items launched at Wal-Mart, Target and Food Lion, with ERP systems unified across operations.
1. Strong Q1 Financial Performance
Mama’s Creations delivered 50% revenue growth to $52.8 million for the quarter ended April 30, 2026. Gross profit increased 35% to $12.4 million, net income rose 66% to $2.1 million and diluted EPS reached $0.05, while adjusted EBITDA climbed 71% to $4.9 million.
2. Operational Expansion and Product Launches
The company introduced a dozen new branded SKUs at Wal-Mart, Target and Food Lion, and secured Costco Everyday Item status for beef meatballs in the San Diego region. It also completed the ERP migration of the legacy Bay Shore system into its enterprise-wide platform, integrating sales, procurement, production, inventory and accounting.
3. Balance Sheet Strength
Cash and cash equivalents grew to $24.4 million as of April 30, 2026, up from $20.0 million at fiscal year-end, driven by stronger profitability and working capital optimization. Total debt remained modest at $5.1 million, bolstering financial flexibility for growth investments and potential M&A.
4. Outlook and Strategic Priorities
Management highlighted ongoing investments in packaging technologies and protein form factors to support efficiency gains and drive margins toward the mid-to-high 20% target. The integrated three-facility manufacturing network and deepening retailer partnerships underpin the company’s strategy for sustained, profitable growth and accretive acquisition opportunities.
