Multi Ways Holdings Ltd income statement

In fiscal 2025, Multi Ways Holdings Ltd reported revenue of $44.8m, up 44.1% on the year before, operating income of $772,000 (a 1.7% margin) and net income of −$433,000, or −$0.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Multi Ways Holdings Ltd: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	30	33	38	36	31	45
Cost of revenue	23	24	29	27	21	34
Gross profit	7	9	10	9	10	11
Selling and marketing	1	1	2	1	2	2
General and administrative	6	7	7	11	9	8
Operating income	−1	2	1	−3	−2	1
Interest expense	1	1	1	1	2	2
Income before tax	1	2	2	2	−3	−0
Income tax	0	0	1	−0	−0	—
Net income	1	2	1	2	−3	−0
Diluted EPS	—	$0.70	$0.40	$0.59	−$0.90	−$0.11
Diluted shares (average)	2m	2m	2m	3m	3m	4m
EBITDA	1	2	2	−2	−2	1

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Multi Ways Holdings Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Multi Ways Holdings Ltd.