Filing Flows › Industrials › Marwynn Holdings (MWYN)
Marwynn Holdings (MWYN) earnings and revenue breakdown
Latest: Q1 FY27 · 10-Q filed Sep 14, 2026 · Marwynn Holdings (MWYN) Q1 FY27 earnings results →
Q1 FY27 Revenue up 2544% year over year to $1.1M · 10¢ of every $1 of revenue lost · operating margin -7.7%
Marwynn Holdings made $1.1M in Q1 FY27 (26× Y/Y): Revenue from recyclable e-waste materials sales $570K, Revenue from food and beverage sales $450K, Revenue from consulting services $70K. Operating margin -7.7%, net loss $109K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Sep 14, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $1.1M in Q1 FY27, up 2544% year over year and down 61% from the previous quarter. Revenue from recyclable e-waste materials sales was the largest line at 52% of revenue. Revenue from consulting services added $29K year over year (up 70%), 3% of the total change.
Gross margin was 21.6%, down 78.3 points from Q1 FY26. Operating costs exceeded revenue by $84K, an operating margin of -7.7%. Operating expenses fell 88% while revenue rose 2544%. The quarter ended with a net loss of $109K, after a profit of $244K the previous quarter. Non-operating items added $18K, -27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$328K. Non-cash charges added back $13K of depreciation and amortization and $29K of share-based compensation. Working capital and other items used $261K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$329K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q1 FY27 | 10-Q | Sep 14, 2026 | $1.1M | 26× | -7.7% | −$109K | −$328K |
| Q4 FY26 | 10-K | Jul 30, 2026 | $2.8M | 63× | 9.1% | $244K | −$444K |
| Q3 FY26 | 10-Q | Mar 17, 2026 | $1.4M | +122% | -39.9% | −$548K | −$766K |
| Q2 FY26 | 10-Q | Dec 22, 2025 | $44K | 0% | -797.2% | −$896K | −$242K |
| Q1 FY26 | 10-Q | Sep 15, 2025 | $2.3M | -18% | -112.3% | −$2.7M | −$95K |
| Q4 FY25 | 10-K | Aug 8, 2025 | $2.9M | -14% | -140.7% | −$4.0M | −$5.0M |
| Q3 FY25 | 10-Q | Apr 24, 2025 | $2.7M | -6% | 0.1% | $23K | $391K |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
Customers and suppliers named in filings
Buys from
About Marwynn Holdings
Marwynn Holdings, Inc., or “Marwynn,” was incorporated on February 27, 2024 in Nevada, as a holding company. We currently operate, or are developing operations, in three principal business areas: (i) electronic waste recycling (“E-waste Business”) through EcoLoopX Corporation (“EcoLoopX”); (ii) advanced artificial intelligence application development and related infrastructure solutions (“AI & Infrastructure Services”) through NexaCore Technologies, Inc. (“NexaCore”); and (iii) food and non-alcoholic beverage supply chain and brand management services through FuAn Enterprise, Inc. (“FuAn”).
In its own words, from its 10-K, filed Jul 30, 2026.
Marwynn Holdings against its Wholesale-Groceries, General Line peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: 26× against the peers' median +11%. Operating margin: -7.7% against the peers' median 1.5%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| MWYN Marwynn Holdings | Q1 FY27 | $1.1M | 26× | -7.7% |
| PFGC Performance Food Group | Q1 FY27 | $18.0B | +6% | 1.5% |
| UNFI United Natural Foods | Q4 FY26 | $7.6B | -0.7% | 0.9% |
| CHEF Chefs' Warehouse | Q3 2026 | $1.1B | +11% | 4.5% |
| DIT Amcon Distributing | Q3 FY26 | $835M | +13% | 0.7% |
| IVFH Innovative Food Holdings | Q2 2026 | $13.1M | -22% | 3.0% |
Source: Marwynn Holdings 10-Q on SEC EDGAR · CIK 2030522 · Wholesale-Groceries, General Line
13F: who owns MWYN and who is buying
More on MWYN
History
Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results