Multi Ways Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	36.02	38.36	33.41	29.89
Revenue Growth (YoY)	-6.11%	14.83%	11.78%	-
Cost of Revenue	27.37	28.62	24.05	23.04
Gross Profit	8.65	9.74	9.36	6.84
Selling, General & Admin	11.73	8.25	7.72	7.45
Operating Expenses	11.73	8.25	7.72	7.45
Operating Income	-3.08	1.5	1.63	-0.61
Interest Expense / Income	1.11	0.75	0.72	0.86
Other Expense / Income	-5.92	-0.76	-1.11	-2.79
Pretax Income	1.74	1.51	2.03	1.32
Income Tax	-0.05	0.53	0.23	0
Net Income	1.79	0.98	1.8	1.32
Net Income Growth	82.92%	-45.70%	36.54%	-
Shares Outstanding (Basic)	29	25	25	25
Shares Outstanding (Diluted)	29	25	25	25
Shares Change	18.08%	-	-	-
EPS (Basic)	0.06	0.04	0.07	0.05
EPS (Diluted)	0.06	0.04	0.07	0.05
EPS Growth	50.00%	-42.86%	40.00%	-
Free Cash Flow	8.99	0.1	5.97	1.09
Free Cash Flow Per Share	0.31	0.00	0.24	0.04
Gross Margin	24.02%	25.40%	28.01%	22.89%
Operating Margin	-8.55%	3.90%	4.89%	-2.02%
Profit Margin	4.97%	2.55%	5.39%	4.41%
Free Cash Flow Margin	24.97%	0.25%	17.88%	3.65%
Effective Tax Rate	-3.05%	35.10%	11.32%	0.23%
EBITDA	4.61	3.88	4.34	3.85
EBITDA Margin	12.81%	10.12%	13.00%	12.89%
Depreciation & Amortization	1.77	1.63	1.6	1.67
EBIT	2.84	2.26	2.75	2.18
EBIT Margin	7.89%	5.88%	8.22%	7.29%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).