Multi Ways Holdings Limited (MWG)

Multi Ways Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	44.77	31.07	36.02	38.36	33.41
Revenue Growth (YoY)	44.11%	-13.74%	-6.11%	14.83%	11.78%
Cost of Revenue	33.69	21.35	27.37	28.62	24.05
Gross Profit	11.08	9.71	8.65	9.74	9.36
Selling, General & Admin	10.31	11.65	11.73	8.25	7.72
Total Operating Expenses	10.31	11.65	11.73	8.25	7.72
Operating Income	0.77	-1.94	-3.08	1.5	1.63
Interest Income	0.11	0.23	0.07	0.01	0.02
Interest Expense	-1.69	-1.51	-1.11	-0.75	-0.72
Other Non-Operating Income (Expense)	0.38	0.05	5.8	0.8	1.09
Total Non-Operating Income (Expense)	-1.21	-1.23	4.76	0.06	0.4
Pretax Income	-0.43	-3.16	1.69	1.56	2.03
Provision for Income Taxes	-	-0.31	-0.05	0.53	0.23
Net Income	-0.43	-2.85	1.69	0.98	1.8
Minority Interest in Earnings	-	-	0.05	-0.05	-
Net Income to Common	-0.43	-2.85	1.69	0.98	1.8
Net Income Growth	-	-	72.70%	-45.70%	36.54%
Shares Outstanding (Basic)	4	3	3	2	2
Shares Outstanding (Diluted)	4	3	3	2	2
Shares Change (YoY)	20.84%	8.47%	18.07%	-	-
EPS (Basic)	-0.11	-0.90	0.59	0.40	0.70
EPS (Diluted)	-0.11	-0.90	0.59	0.40	0.70
EPS Growth	-	-	47.50%	-42.86%	40.00%
Shares Outstanding	5.13	3.33	2.93	24.8	24.8
Free Cash Flow	6.15	-13.51	-1.9	0.09	5.63
Free Cash Flow Growth	-	-	-	-98.35%	452.50%
Free Cash Flow Per Share	1.60	-4.25	-0.65	0.04	2.27
Gross Margin	24.75%	31.27%	24.02%	25.40%	28.01%
Operating Margin	1.72%	-6.24%	-8.55%	3.90%	4.89%
Profit Margin	-0.97%	-9.19%	4.83%	2.68%	5.39%
FCF Margin	13.74%	-43.48%	-5.28%	0.24%	16.85%
EBITDA	2.04	-0.73	-1.31	3.12	3.23
EBITDA Margin	4.55%	-2.35%	-3.62%	8.14%	9.67%
EBIT	0.77	-1.94	-3.08	1.5	1.63
EBIT Margin	1.72%	-6.24%	-8.55%	3.90%	4.89%
Effective Tax Rate	0.00%	9.80%	-3.14%	33.98%	11.32%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q