MWYN Marwynn Holdings, Inc.

Overview and Growth

In fiscal 2026, Marwynn Holdings, Inc. recorded $4.24M of revenue, net loss of $3.92M, and an operating cash outflow of $1.55M. Revenue of $4.24M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $804.33K in fiscal 2025, revenue recorded a 427.5% year-over-year increase. Diluted earnings per share were -$0.21, translating the period’s attributable earnings into the amount reported for each diluted share. The diluted weighted-average share count was 18.65M, linking total earnings with the per-share result received by shareholders. Compared with 15.28M diluted shares in fiscal 2025, the current 18.65M base was 22.0% higher. Total assets stood at $3.01M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 1.41x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $650.48K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 15.3% of revenue, showing how much of the top line remained after direct costs. The company recorded an operating loss of $3.28M after the reported operating expense base. The operating loss equaled 77.3% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $3.92M for the fiscal year. Net margin was -92.4%, reflecting a loss equal to 92.4% of reported revenue. Negative EBITDA totaled $3.22M, confirming that the earnings deficit remained before depreciation and amortization. Before income taxes, the company recorded a loss of $3.23M, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 76.1%. Income tax expense totaled $43.81K, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 151.8%, placing the bottom-line deficit against shareholder capital. The loss-to-assets relationship was 130.2%, placing the bottom-line deficit against the company’s resource base. The net loss narrowed to $3.92M from $4.40M in fiscal 2025.

Liquidity and Capital Structure

At period end, the $3.01M asset base was financed through $427.97K of liabilities and $2.58M of equity. At period end, current assets of $2.88M compared with current liabilities of $427.97K, defining the company’s short-term resource position. Current assets covered current liabilities by 6.73x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $152.25K, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 35.6% of current liabilities, showing how much near-term coverage came from cash alone. The equity-to-assets relationship was 85.8%, placing book capital against the total resource base. Relative to total assets, liabilities measured 14.2%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 5.1% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $14.94M in fiscal 2025, the current asset base moved 79.8% and finished lower. Reported equity changed 48.1% from $4.97M in fiscal 2025, placing the current capital base lower year over year. The reported cash balance changed 87.9% from $1.26M in fiscal 2025, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $1.55M, showing that operations absorbed cash during the period. The operating cash outflow narrowed to $1.55M from $5.27M in fiscal 2025.

Based on the annual report for the fiscal year ending Apr 30, 2026. Analysis generated Oct 21, 2026.