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Consolidated Balance Sheets - USD ($)
Jan. 31, 2024
Apr. 30, 2023
Current Assets    
Cash and equivalents $ 9,406,626 $ 2,569,766
Accounts receivable 756,341 315,356
Inventories, net 3,020,220 2,978,986
Prepayments 20,000 1,547,243
Other receivables and other current assets 993,976 550,836
Total Current Assets 14,638,604 8,285,797
Restricted cash - non-current 1,101 1,101
Property and equipment, net 789,937 671,463
Intangible assets 3,071,463 197,329
Security deposits 457,491 457,491
Investment under cost method 75,000
Investment under cost method 203,440 203,440
Investment under equity method 1,736,018
Operating lease right-of-use assets, net 21,004,764 22,545,190
Goodwill 2,222,211 2,222,211
Total Assets 44,200,029 34,584,022
Current Liabilities    
Accounts payable 1,654,221 3,105,592
Note payable 150,000
Current portion of loan payables 121,942 370,828
Accrued expenses and other payables 858,342 867,796
Contract liabilities 308,326 449,334
Other payables - related parties 241,585 241,585
Operating lease liabilities - current 1,850,310 1,761,182
Income taxes payable 1,069,281 961,034
Total Current Liabilities 6,596,487 8,372,661
Long-term loan payables 2,512,674 2,561,299
Security deposit from sub-tenants 111,314 105,637
Operating lease liabilities - non-current 21,309,934 22,711,760
Deferred tax liability, net 34,273 40,408
Total Liabilities 30,564,682 33,791,765
Commitment and contingencies
Stockholders’ Equity    
Additional paid in capital 13,313,523
Retained earnings (accumulated deficit) (39,718) 522,710
Total Maison Solutions, Inc. Stockholders’ Equity 13,275,774 524,310
Noncontrolling interests 359,573 267,947
Total Stockholders’ Equity 13,635,347 792,257
Total Liabilities and Stockholders’ Equity 44,200,029 34,584,022
Class A Common stock    
Stockholders’ Equity    
Common stock, value 1,745 1,376
Class B Common stock    
Stockholders’ Equity    
Common stock, value 224 224
Related Party    
Current Assets    
Accounts receivable 407,446 289,615
Accounts receivable 407,446 289,615
Other receivable - related parties 33,995 33,995
Current Liabilities    
Accounts payable 492,480 465,310
Accounts payable $ 492,480 $ 465,310