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Marwynn Holdings, Inc. (MWYN) stock

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NASDAQ: MWYN Nasdaq Food Distributors

Marwynn Holdings, Inc. is a US-listed company in the food distributors industry. Its financial year ends in April.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Marwynn Holdings, Inc. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades

Value diary

Our note on each quarter Marwynn Holdings files

10-Q filed September 14: Marwynn

Marwynn Holdings reported revenue of $5m for the twelve months to July 2026, a 32.8% drop on the prior year. That decline has accelerated, having stood at 22.7% a quarter earlier. Profitability, however, shows signs of repair. Free-cash-flow margin improved to -34.3%, up from -56.1% a year ago, while the operating margin widened to -13.8% from -82.0% over the same period. Set against this, the diluted share count has grown by 23.0% year on year, a pace of dilution that chips away at the value held by existing shareholders even as the underlying losses narrow. The combination leaves a mixed picture: revenue is contracting faster, but the business is losing less money on what remains, and doing so against a growing share base.

Our model value for Marwynn Holdings is under review, so past values are not shown until it is resolved.

Source: 10-Q filed September 14, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Marwynn stands after its latest 10-K/A

Revenue for the twelve months to April 2026 was $5m, down 32.8% on a year earlier, a steeper fall than the 22.7% decline a quarter earlier. Free-cash-flow margin rose to -34.3% from -56.1% a year earlier. Operating margin widened to -13.8% from -82.0%. The diluted share count is up 23.0% on a year earlier, which dilutes existing holders. It passes 2 of our 2 financial-health checks.

10-K/A on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Marwynn Holdings, Inc.'s trailing-twelve-month revenue fell 32.8% year on year, with a free-cash-flow margin of -34.3%.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 58.9% while net income grew 80.7%: a 22pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Margins widening. Operating margin is up 68.2 points on a year ago.

Things to watch

  • Revenue shrinking. Revenue fell 32.8% over the last 12 months.
  • Growth slowing. The growth rate is 10.1 points lower than a quarter earlier.
  • Loss-making. Operating margin is -13.8%: costs exceed revenue.
  • Burning cash. Free cash flow was -34.3% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 23.0% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 125% and a beta of -0.7 against the S&P 500.

Latest results: FY2027 Q1

Filed September 14, 2026
Revenue
$1m, down 52.6% on a year earlier

Marwynn Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-5.8%
  • 1 week-27.4%
  • 1 month+47.3%
  • This year+105.0%
  • 1 year+64.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.3M
Operating margin
-13.8%
Net margin
-24.7%
EPS (TTM, diluted)
$-0.07

Growth

Revenue growth
−32.8%
Change in growth rate
−10.1 pts
Share count change
+23.0%

Cash

Free cash flow (TTM)
-$1.8M
FCF margin
-34.3%
Stock pay % of revenue
2.2%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Announcement
  3. Governance
  4. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

Valuation multiples over time Market data may be delayed

Marwynn Holdings, Inc.: market value and multiples by fiscal year
At fiscal year end 20252026Now
Share price$3.31$0.58$1.72
Market value$51m$11m$33m
+ Net debt (− = net cash)−$91009−$152250−$3541
Enterprise value$51m$11m$33m
Multiples
Price / sales 4.6x2.6x6.3x
Price / earnings ———
Price / free cash flow ———
EV / EBITDA ———

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Marwynn Holdings, Inc.: too few analysts cover it.

Positioning

Short interest
0.7%
of tradable shares
Days to cover
0.56
at average volume
Short interest, 1 month
+145%
to October 15, 2026
Held by institutions
2%
of shares
Held by insiders
35.6%
of shares
Employees
2
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +77.5%

$0.97 on October 31, 2025 to $1.72

Marwynn Holdings, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $8m $5m −32.8%
P/S multiple 1.9x 6.3x +224.7%
Share count 16m 19m −18.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Marwynn Holdings, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 2026 to date
Return
MWYN+105%
Industry peers (median)+15%
S&P 500+11%
Months that ended higher
MWYN46%
S&P 50046%
Largest fall from a high during the year
MWYN−62%
S&P 500−9%

Worst fall since March 13, 2025: 95% from May 21, 2025 to July 28, 2026. Getting back needed a 1986% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.49 – $2.70
From 52-week high
−36.3%
vs 50-day average
+21.1%
vs 200-day average
+75.4%
Volatility (1 year)
125%
Beta vs S&P 500
-0.69

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fundamentals

Revenue (TTM) Marwynn Holdings, Inc.
$5M $6M $7M $8M $9M $10M FY25 Q2 FY25 Q4 FY26 Q2 FY27 Q1 Revenue (TTM), FY25 Q2: $9.1M Revenue (TTM), FY25 Q3: $8.9M Revenue (TTM), FY25 Q4: $8.4M Revenue (TTM), FY26 Q1: $7.9M Revenue (TTM), FY26 Q2: $7.9M Revenue (TTM), FY26 Q3: $6.6M Revenue (TTM), FY26 Q4: $6.5M Revenue (TTM), FY27 Q1: $5.3M $5.3M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY25 Q2 $9.1M
FY25 Q3 $8.9M
FY25 Q4 $8.4M
FY26 Q1 $7.9M
FY26 Q2 $7.9M
FY26 Q3 $6.6M
FY26 Q4 $6.5M
FY27 Q1 $5.3M
Revenue growth, TTM YoY Marwynn Holdings, Inc.
-40% -30% -20% -10% 0% FY26 Q2 FY26 Q3 FY26 Q4 FY27 Q1 Revenue growth, TTM YoY, FY26 Q2: -13.6% Revenue growth, TTM YoY, FY26 Q3: -26.0% Revenue growth, TTM YoY, FY26 Q4: -22.7% Revenue growth, TTM YoY, FY27 Q1: -32.8% -32.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY26 Q2 -13.6%
FY26 Q3 -26.0%
FY26 Q4 -22.7%
FY27 Q1 -32.8%
Operating margin (TTM) Marwynn Holdings, Inc.
-150% -100% -50% 0% 50% FY25 Q2 FY25 Q4 FY26 Q2 FY27 Q1 Operating margin (TTM), FY25 Q2: 4.3% Operating margin (TTM), FY25 Q3: 0.9% Operating margin (TTM), FY25 Q4: -48.2% Operating margin (TTM), FY26 Q1: -82.0% Operating margin (TTM), FY26 Q2: -83.3% Operating margin (TTM), FY26 Q3: -109.1% Operating margin (TTM), FY26 Q4: -50.4% Operating margin (TTM), FY27 Q1: -13.8% -13.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY25 Q2 4.3%
FY25 Q3 0.9%
FY25 Q4 -48.2%
FY26 Q1 -82.0%
FY26 Q2 -83.3%
FY26 Q3 -109.1%
FY26 Q4 -50.4%
FY27 Q1 -13.8%
FCF margin (TTM) Marwynn Holdings, Inc.
-100% -50% 0% FY25 Q3 FY26 Q1 FY26 Q3 FY27 Q1 FCF margin (TTM), FY25 Q3: -1.1% FCF margin (TTM), FY25 Q4: -63.3% FCF margin (TTM), FY26 Q1: -56.1% FCF margin (TTM), FY26 Q2: -63.2% FCF margin (TTM), FY26 Q3: -93.0% FCF margin (TTM), FY26 Q4: -24.4% FCF margin (TTM), FY27 Q1: -34.3% -34.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY25 Q3 -1.1%
FY25 Q4 -63.3%
FY26 Q1 -56.1%
FY26 Q2 -63.2%
FY26 Q3 -93.0%
FY26 Q4 -24.4%
FY27 Q1 -34.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

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

Marwynn Holdings, Inc.: annual financial statements
Fiscal year 2024 Apr 2024 2025 Apr 2025 2026 Apr 2026 LTM Jul 2026
Income
Revenue 12 11 4 5
Gross profit 5 0 1 1
EBITDA 2 −4 −3 −1
Operating income 1 −4 −3 −1
Net income 1 −4 −4 −1
Diluted EPS $0.07 −$0.29 −$0.21 −$0.07
Growth (year on year)
Revenue — −8.3% −61.2% −32.8%
EBITDA — −380.4% — —
Operating income — −413.1% — —
Net income — −540.7% — —
Diluted EPS — −514.3% — —
Margins
Gross margin 44.8% 3.4% 15.3% 16.0%
EBITDA margin 12.9% −39.4% −75.8% −13.1%
Operating margin 11.7% −39.9% −77.3% −13.8%
Net margin 8.4% −40.3% −92.4% −24.7%
Free-cash-flow margin 7.7% −48.4% −36.5% —
Cash flow
Cash from operations 1 −5 −2 −2
Capital spending 0 0 0 —
Free cash flow 1 −5 −2 —
Stock-based pay — 0 0 0
Free cash flow after stock pay — −5 −2 —
Balance sheet
Cash 1 1 0 0
Total debt 1 1 — —
Net debt (negative = net cash) −1 −0 −0 −0
Diluted shares 15m 15m 19m 19m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · July 31, 2026
What it owns · $3m
Short-term assets $3mLonger-term assets $0m
What it owes, and who funded it · $3m
Short-term liabilities $1mLonger-term liabilities $0mShareholders' equity $3m
  • Short-term assets cover short-term liabilities $3m of assets due within a year against $604,953 of liabilities due within a year.
  • Short-term assets cover long-term liabilities $3m short-term assets against $0 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Marwynn Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+23.0%
year over year
Days sales outstanding
90 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in food distributors
Growth, margins and cash generation against peers
Last 12 months unless stated MWYN HFFG DIT CHEF UNFI USFD Median
Revenue, last 12 months $5m $1.3bn $3.0bn $4.5bn $31.2bn $40.1bn $17.8bn
Revenue growth, last 12 months −32.8% 2.8% 7.5% 11.5% −2.0% 3.8% 3.9%
Revenue growth, 3-year average — 2.0% 6.7% 11.2% 1.0% 4.7% 4.7%
Revenue growth, latest quarter −52.6% 2.8% 12.9% 11.2% −0.7% 4.5% 4.6%
Gross margin 16.0% 16.6% 6.3% 24.7% 13.5% 17.6% 16.3%
Operating margin −13.8% −2.8% 0.4% 4.1% 0.7% 3.1% 1.0%
Operating margin, 3-year average — −1.5% 0.6% 3.7% 0.2% 3.0% 1.3%
Net margin −24.7% −2.8% 0.1% 2.3% 0.3% 1.8% 0.4%
Cash from operations / revenue −33.6% 2.3% 0.5% 4.8% 1.7% 3.4% 2.2%
Free-cash-flow margin −34.3% −0.3% 0.1% 4.0% 1.0% 2.4% 1.3%
Free-cash-flow margin, 3-year average — −0.1% 0.5% 2.6% 0.5% 2.3% 1.3%
Stock pay / revenue 2.2% 0.1% 0.1% 0.6% 0.2% 0.2% 0.2%
Change in share count 23.0% 0.9% 1.5% −3.6% 4.3% −5.3% 0.6%

Median of all 8 companies we cover in food distributors. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to April 30, 2026
Products and services
Line of business Revenue Share YoY
Revenue From Recyclable Ewaste Materials Sales $3M 70.7% —
Revenue From Consulting Services $672,498 15.9% ▲ 274.7%
Revenue From Food and Beverage Sales $570,368 13.4% ▼ 8.7%
Geography
Region Revenue Share YoY
United States $3.6M 85.5% ▲ 468.3%
Hong Kong $615,379 14.5% ▲ 270.6%

From Marwynn Holdings, Inc.'s 10-K filed July 30, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

13F filings for June 30, 2026
Reported value
$406,214
Institutions reporting
10
Shares held vs prior quarter
▲ 268.8%
Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Citadel Advisors LLC $162,051 153K 39.9% ▲ 869.7%
Jane Street Group, LLC $87,970 83K 21.7% New
Xtx Topco Ltd $40,012 38K 9.8% ▲ 266.6%
Geode Capital Management, LLC $28,994 27K 7.1% ▼ 29.7%
Vanguard Capital Management LLC $27,404 26K 6.7% New
HRT Financial LP $25,000 24K 6.2% New
Two Sigma Securities, LLC $19,249 18K 4.7% New
UBS Group AG $8,659 8K 2.1% ▲ 172.2%
Tower Research Capital LLC (TRC) $6,860 6K 1.7% ▲ 54.7%
Morgan Stanley $15 0K 0.0% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Marwynn Holdings, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Wang Fulai 10% owner November 19, 2025 Sell 1,777,230 $0.51 $906,387

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Marwynn Holdings, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Marwynn Holdings, Inc. in brief

What does Marwynn Holdings, Inc. do?
Marwynn Holdings, Inc. is a US-listed company in the food distributors industry. Its financial year ends in April.
What is Marwynn Holdings, Inc.'s stock ticker?
Marwynn Holdings, Inc. trades under the ticker MWYN on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Marwynn Holdings, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Marwynn Holdings, Inc. reported revenue of $5.3M, 32.8% lower than a year earlier, according to its SEC filings.
What is Marwynn Holdings, Inc.'s free cash flow?
Marwynn Holdings, Inc.'s free-cash-flow margin is -34.3% of revenue over the trailing twelve months.
Who are Marwynn Holdings, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Citadel Advisors LLC, Jane Street Group, LLC and Xtx Topco Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Marwynn Holdings, Inc.'s market cap?
On November 2, 2026, Marwynn Holdings, Inc.'s market capitalisation was about $33.4M and net debt of -$3,541. Market figures come from third-party market data and may be delayed.
Who are Marwynn Holdings, Inc.'s competitors?
In our Food Distributors peer group, the companies closest to Marwynn Holdings, Inc. are HF Foods Group Inc., Amcon Distributing Co, Chefs' Warehouse, Inc., United Natural Foods Inc and US Foods Holding Corp. The side-by-side comparison below sets their revenue, margins and growth against Marwynn Holdings, Inc.'s.
Are insiders buying or selling Marwynn Holdings, Inc. stock?
Over the last 12 months, Marwynn Holdings, Inc.'s directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.