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Multi Ways Holdings Limited ( (MWG) ) just unveiled an announcement.
On December 23, 2025, Multi Ways Holdings Limited reported unaudited financial results for the six months ended June 30, 2025, showing revenue nearly doubled year-on-year to about $26.44 million, driven primarily by strong demand for equipment sales. While gross profit rose 42% to $6.63 million, gross margin narrowed to 25.08% due to a greater mix of lower-margin equipment products, and higher selling, distribution, and administrative expenses reflected increased transportation and labor costs linked to the surge in activity. Operating income climbed to $1.70 million and net income to $0.90 million—more than ten times the prior-year period—underscoring improved profitability despite higher interest and other expenses. As of June 30, 2025, the company’s liquidity profile showed cash and equivalents of $1.21 million, reduced short‑term bank borrowings of $9.74 million, robust inventories around $44.65 million, and an improved current ratio of 1.54 versus 1.45 at year-end 2024, indicating a stronger short-term financial position that may support ongoing growth in its core equipment sales segment.
The most recent analyst rating on (MWG) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Multi Ways Holdings Limited stock, see the MWG Stock Forecast page.
Spark’s Take on MWG Stock
According to Spark, TipRanks’ AI Analyst, MWG is a Neutral.
The overall stock score is primarily influenced by financial challenges, including declining revenues and profitability, high leverage, and liquidity pressures. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield.
To see Spark’s full report on MWG stock, click here.
More about Multi Ways Holdings Limited
Multi Ways Holdings Limited, listed on the NYSE American, is a Singapore-based supplier of heavy construction equipment for sale and rental, serving Singapore and the surrounding region. The company’s portfolio focuses on a wide range of machinery used in infrastructure and construction projects, positioning it as a key player in the regional heavy equipment market.
Average Trading Volume: 80,475
Technical Sentiment Signal: Sell
Current Market Cap: $12.88M
Learn more about MWG stock on TipRanks’ Stock Analysis page.