DQWS DSwiss Inc

Overview and Growth

In fiscal 2025, DSwiss Inc recorded $2.92M of revenue, net loss of $76.86K, and an operating cash outflow of $94.30K. The $2.92M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $3.11M in fiscal 2024, revenue decreased 6.2%, a top-line contraction that reduced operating scale. The company reported diluted EPS of -$0.00, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 500.0% from $0.00 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. At period end, total assets were $677.14K, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 4.31x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $564.56K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 19.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $1.17K after the reported operating expense base. An operating margin of -0.0% reflected costs exceeding revenue-level gross profit by 0.0% of sales. After all below-operating-line items, the company recorded a net loss of $76.86K for the fiscal year. Measured against revenue, the bottom-line deficit represented 2.6% after all recognized items. The company reported a pretax loss of $60.89K, before the effect of income taxes. The pretax loss equaled 2.1% of revenue, measuring the pre-tax deficit against sales. The company recognized $15.97K of income tax for the period, completing the transition from pretax income to net income. The loss-to-assets relationship was 11.4%, placing the bottom-line deficit against the company’s resource base. The company moved from fiscal 2024 net income of $22.22K to a current net loss of $76.86K.

Liquidity and Capital Structure

At period end, the $677.14K asset base was financed through $686.48K of liabilities and -$9.35K of equity. With total equity at -$9.35K, the company carried a negative book-capital position, increasing its reliance on liabilities and future earnings. At period end, current assets of $331.77K compared with current liabilities of $465.46K, defining the company’s short-term resource position. At 0.71x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $285.03K, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 61.2% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The liabilities-to-assets relationship was 101.4%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 42.1%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $635.83K in fiscal 2024, the current asset base moved 6.5% and finished higher. Book equity was 112.6% lower than fiscal 2024 equity of $74.04K, showing how shareholder capital changed year over year. Cash and equivalents were 28.3% lower than fiscal 2024 cash of $397.48K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $94.30K, showing that operations absorbed cash during the period. Capital spending of $41.03K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Negative free cash flow was $135.33K, leaving a cash deficit after capital spending and reducing financial flexibility. The free-cash-flow deficit equaled 4.6% of revenue, showing the post-investment cash shortfall relative to sales. Relative to total assets, the post-investment cash deficit measured 20.0%.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.