Marwynn
Food distribution, supply-chain consulting, and recyclable-material trading with developing AI and recycling projects.
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Profile
Distributes foods and beverages, provides supply-chain consulting, and trades recyclable e-waste materials through its subsidiaries. Revenue was concentrated in material trading while AI computing and direct battery recycling remained development-stage activities.
Operates through FuAn, EcoLoopX, and NexaCore: FuAn distributes frozen foods, dry groceries, snacks, and non-alcoholic beverages while providing supply-chain and brand-management consulting. EcoLoopX buys recyclable e-waste materials, currently including scrapped copper, for resale; NexaCore is exploring AI applications, specialized computing, cloud, data-center, and solar infrastructure.
Revenue came largely from recyclable-material trading, alongside U.S. food and beverage sales and consulting, with customers also in Hong Kong and China. The company controls product inventory and pricing in its goods businesses and recognizes consulting income over service periods. Direct battery-material processing and the AI business remained developmental, dependent on capital, feedstock, permits, technology, and an operating team with limited experience in those industries.
Company facts
Categories
Key statistics
Year to date +44.8% · Average volume (30d) 315.3K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q4 FY26 | — | $0.02 | — | — | $2.8M | — | +3.89% |
| Mar 17, 2026Q3 FY26 | — | −$0.03 | — | — | $1.4M | — | −0.04% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $623.7K | $43.8K | $2.3M | $43.8K | $1.4M | $2.8M | |
| Gross profit | $231.5K | $29.3K | $636.0K | $27.3K | $67.2K | $481.9K | |
| Operating income | $84.1K | −$3.7M | −$2.7M | −$348.8K | −$551.6K | $253.8K | |
| Net income | $23.4K | −$4.0M | −$2.7M | −$896.3K | −$548.3K | $244.4K | |
| Diluted EPS | $0.00 | −$0.23 | −$0.16 | −$0.05 | −$0.03 | $0.01 | |
| Gross margin | 37.1% | 67.0% | 27.1% | 62.5% | 4.9% | 17.4% | |
| Operating margin | 13.5% | -8,360.1% | -115.8% | -797.2% | -39.9% | 9.1% |
Fiscal years (4-quarter sums)FY24 $11.9M · FY25 $3.6M · FY26 $6.5M
Revenue by product · FY25
Revenue by geography · Q4 FY26
Balance sheet, Apr 30, 2026Cash & short-term investments $152.3K · Total debt $11.8K · Total assets $3.0M · Shareholders' equity $2.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 20.19M · Float 5.48M · 27.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Yin Yan | 5.99M | 29.68% | 13G | Feb 11, 2026 |
| Geode Capital Management, LLC | 38.9K | 0.19% | 13F | May 15, 2026 |
| BlackRock, Inc. | 31.9K | 0.16% | 13F | May 13, 2026 |
| Citadel Advisors LLC | 15.8K | 0.08% | 13F | May 15, 2026 |
| XTX Topco Ltd | 10.3K | 0.05% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 19, 2025 | Yin Yan | director, 10 percent owner, officer: Chairman and CEO | −1,777,230 | $0.5100 |
| Oct 23, 2025 | Zhifen Zhou | other: Former CFO (resigned 9/16/25) | −2,843,568 | $0.5100 |
| Oct 23, 2025 | Hong Le Liang | other: Former CFO (resigned 9/16/25) | −1,777,230 | $0.5100 |
Peers
- WM
Scaled e-waste collection, recycling, and recovered-material resale.
- Republic Services
Full-service e-waste and battery collection, logistics, and recycling.
- American Battery Technology
Commercial black-mass and battery-metal recycling capability.
- CoreWeave
GPU cloud and managed AI infrastructure for enterprise workloads.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Marwynn | $1.36 | +7.94% | $25.4M | — | — | 3.9 | — |
| WM | $219.31 | −0.15% | $87.80B | 31.1 | 25.7 | 3.4 | +4.0% |
| Republic Services | $225.00 | +1.32% | $68.34B | 31.5 | 29.2 | 4.0 | +4.6% |
| American Battery Technology | $2.60 | +0.95% | $350.6M | — | — | 21.5 | +697.1% |
| CoreWeave | $84.03 | −0.27% | $45.95B | — | — | 6.1 | +112.3% |
| Median | 31.3 | 27.5 | 5.1 | +58.5% |