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MWG · AMEX · Rental & Leasing Services

Multi Ways

Sells, rents and services refurbished heavy construction equipment in Singapore and overseas.

$1.37
After-hours close+0.04 (+3.01%)
At close$1.33(+4.72%)
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Profile

Multi Ways Holdings LimitedMWGIndustrials

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

CEOJames Lim Eng Hock
ListedApr 3, 2023
ExchangeAMEX
HeadquartersSingapore, Singapore
CountrySingapore
Employees92
CIK0001941500
ISINKYG6362F1164

Key statistics

Market cap$5.5M
EPS (ttm)−$0.1016
P/E (ttm)−13.49
ROE-1.6%
P/B0.2044
P/S0.1612
Dividend yield
Beta0.89vs XLI 0.29

Year to date −54.0% · Average volume (30d) 25.1K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
Reported−$0.03

Revenue

Estimate$14.2M
Reported$14.2M0.0%

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
May 22, 2026−$0.03$14.2M$14.2M0.0%0.00%
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Financial highlights

10 quartersQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 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 margin29.8%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

Equipment Sales$33.1M · 74%
Rental$7.3M · 16%
Services$4.4M · 10%

Revenue by geography · FY25

Singapore$25.4M · 57%
Other Countries$9.8M · 22%
Taiwan$4.9M · 11%
Canada$4.6M · 10%

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

Institutions 0.17%Insiders

Shares outstanding 4.14M · Float 1.15M · 27.8% free float

Insider tradesForm 4

Nothing filed in the last 12 months.

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Peers

Not reported.