Multi Ways
Sells, rents and services refurbished heavy construction equipment in Singapore and overseas.
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Profile
Supplies mostly used heavy construction equipment through sales, rentals and related services, with refurbishment, transport and crane support around the fleet. Sales drive most revenue, while Singapore supplies nearly all rental activity within a Cayman holding-company structure.
Buys, refurbishes, sells and rents mostly used heavy construction equipment for contractors in Singapore and overseas markets. The fleet spans earth-moving, material-handling, road-building and power equipment, with transport, crane erection and qualified-operator, maintenance, repair and cleaning services around the equipment.
Operates a Singapore showroom, workshop and storage footprint, testing, repairing and refurbishing machines before sale or deployment. A broad in-stock fleet, shipment coordination and after-sales support form its one-stop-shop proposition. Sales provide most revenue, while rental and service work concentrate in Singapore and overseas business is largely equipment sales.
Uses a Cayman Islands holding-company structure above the Singapore operating business. Demand depends on construction project flow, trained operators and crane permits, supplier and customer relationships, and inventory that remains relevant as specifications change.
Company facts
Key statistics
Year to date −54.0% · Average volume (30d) 25.1K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | — | −$0.03 | — | $14.2M | $14.2M | 0.0% | 0.00% |
Financial highlights
| 10 quarters | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $14.4M | $21.6M | $14.1M | $17.0M | $20.0M | $14.2M | |
| Gross profit | $4.3M | $4.1M | $4.5M | $5.2M | $5.0M | $2.9M | |
| Operating income | −$4.6M | $1.6M | $540.0K | −$2.5M | $1.3M | −$721.0K | |
| Net income | −$4.7M | $6.5M | $77.0K | −$2.9M | $682.1K | −$1.0M | |
| Diluted EPS | −$1.54 | $2.40 | $0.02 | −$0.90 | $0.21 | −$0.03 | |
| Gross margin | 29.8% | 18.9% | 32.2% | 30.5% | 25.1% | 20.6% | |
| Operating margin | -32.3% | 7.2% | 3.8% | -14.6% | 6.4% | -5.1% |
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Dec 31, 2025Cash & short-term investments $2.0M · Total debt $15.0M · Total assets $61.9M · Shareholders' equity $22.7M
Dividends
No dividends on record.
Ownership
Shares outstanding 4.14M · Float 1.15M · 27.8% free float
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.



