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MARKETS / NYSE / MWG
NYSE · MISCELLANEOUS MANUFACTURING INDUSTRIES · SMALL CAP

Multi Ways Holdings Ltd. MWG

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$44.8M
▲ 44.1% YoY
$-433,000
$6.2M
In brief

What this company does

We are a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. With more than two decades of experience in the sales and rental of heavy construction equipment business, we have established ourselves to be a reliable supplier of a wide variety of new and used heavy construction equipment to our customers from Singapore, Canada, Taiwan, Malaysia, Australia, UAE, Maldives, Indonesia and the Philippines. Our operation is based in Singapore. Our wide variety of new and used heavy construction equipment for sale and rental by our customers range from: (i) earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; (ii) material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; (iii) road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and (iv) generators and compressors, such as air compressors, generators, lighting towers and welding machines. Complementary to the heavy construction equipment products offered for sale and rental by us, we also offer services to our customers, such as servicing and maintenance services for heavy construction equipment, customization of heavy construction equipment to meet specific needs of certain customers, machinery cleaning which meet the standards required for quarantine-free import to Australia and New Zealand for customers based in those regions, provision of qualified crane operators to our customers to operate the cranes and transportation of heavy construction equipment, both within Singapore and cross-border transportation to desired ports. We employed 92 persons as of April 22, 2026, who were also all located in Singapore.

Written from the business description in Multi Ways Holdings Limited's annual report to the U.S. Securities and Exchange Commission, filed 8 May 2026. Every sentence was checked against that document before publication.

Growth
USD 44.8M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 44.8 · Net income -0.4
20M40M202020212022202320242025
Compound annual growth
+5.3%
+8.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 1.7% · Net -1.0%
2%4%-5%202020212022202320242025
ROE

Not available in our data for this period.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 6.2
2.5M5.0M-5.0M-10.0M202020212022202320242025
Net buybacks $M Dividends $M
FY2023 · Dividends 10.5 · Net buybacks —
4M8M20222023

Total assetsUSD 61.9M
CashUSD 1.9M
Current ratio1.57×

Not available: we don't have the total debt figure for this period.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B0.0−0.0−0.00.00.0−0.0
EBITDA $B0.0−0.0−0.00.00.00.0
Income tax $B·−0.0−0.00.00.00.0
Net income $B−0.0−0.00.00.00.00.0
Free cash flow $B0.0−0.0−0.00.0·0.0
EPS, diluted $−0.11−0.900.590.040.07·
Dividend / sh $······
Payout %··5888··
ROE %······
Shares out B·0.030.030.020.020.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 67 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMiscellaneous Manufacturing Industries
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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