Marwynn Holdings, Inc.
0.9600-0.02 (-1.95%)
Oct 29, 4:00:01 PM EDT · NasdaqCM · MWYN · USD
Key Stats
Market Cap
16.37MP/E (TTM)
-Basic EPS (TTM)
-0.40Dividend Yield
0%Recent Filings
8-K
8-K
Annual meeting scheduled
Marwynn Holdings announced its 2025 Annual Meeting of Stockholders for December 4, 2025, held virtually, with a record date of October 27, 2025. Since no meeting occurred last year, this filing notifies shareholders and sets October 6, 2025, as the deadline for Rule 14a-8 proposals or director nominations to be included in proxy materials. Late submissions will be disregarded. Shareholders must act swiftly to influence the agenda.
10-Q
Q1 FY2026 results
Marwynn Holdings posted Q1 FY2026 revenue of $2.3M, down 17.5% y/y from $2.8M, driven by a full halt in food and beverage sales amid U.S.-China tariff tensions and a 16.3% drop in home improvement products to $2.3M from lower cabinet pricing to chase wholesale deals. Gross margin slipped to 42.4% from 49.2%, yet unit sales edged up 4.3% on more orders. Operating expenses ballooned to $3.7M, fueled by $1.3M in marketing pushes and public-company audit fees, yielding a $2.7M net loss versus $0.3M last year—the gap stems from stock-based comp and professional costs. Cash dwindled to $0.2M after a $0.7M note receivable; debt sits at $0.1M short-term loan plus minor auto notes, with $0.9M working capital. Expenses are climbing fast. Tariffs threaten import costs.
10-K
FY2025 results
Marwynn Holdings swung to a net loss of $4.4 million in FY2025 ended April 30, 2025, from $1.0 million profit the prior year, as food and beverage sales cratered 80% y/y to $0.6 million amid a 46% drop in Costco orders for White Rabbit ice cream, while indoor home improvement revenue climbed 19% y/y to $10.3 million on 36% more cabinet orders from wholesale expansion. Q4 momentum faltered with overall revenue down 7% y/y, but gross margins held at 42% despite tariff-driven sourcing shifts from China; operating expenses ballooned 130% y/y to $9.1 million, fueled by $2.6 million in professional fees for IPO compliance and marketing. Liquidity strengthened post-IPO with $1.3 million cash and $3.6 million working capital, supporting $0.7 million in related-party notes due 2029 and no dividends or buybacks. No annual guidance disclosed. Yet tariffs on Asian imports threaten quarterly supply costs.
10-Q
Q3 FY2025 results
Marwynn Holdings swung to a slim $23,418 profit for Q3 FY2025 ended January 31, 2025, yet posted a $419,482 net loss over the nine months amid revenue dips from paused Costco orders on White Rabbit ice cream. Revenue fell 5.5% y/y to $2.7M in the quarter (derived), with food and beverage sales down 41.1% y/y to $580K while home improvement climbed 10.9% y/y to $2.1M; gross margin slipped to 41.3% from 47.8% y/y as wholesale shifts pressured pricing. Operating expenses rose 15.1% y/y to $1.1M, driven by payroll and professional fees, flipping operations to a $263K nine-month loss from $917K profit. Cash dwindled to $232K with $281K operating outflow, offset by $8.2M IPO proceeds in March 2025 for supply chain upgrades; total debt sits at $149K including a $100K short-term loan at 4.75% maturing June 2025. New consulting services added $44K quarterly revenue. Tariffs on Asian imports pose ongoing supply risks.
IPO
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