Filing Flows › Marwynn Holdings (MWYN) › Q1 FY27
Marwynn Holdings (MWYN) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 14, 2026
Marwynn Holdings (MWYN) reported revenue of $1.1M for the first quarter fiscal 2027 (Q1 FY27), up 26-fold from a year earlier and -61% from the quarter before. Operating margin was -7.7%, net loss $109K (10.0% of revenue).
Marwynn Holdings, Q1 FY27: revenue $1.1M (26× year over year), operating margin -7.7%, net loss $109K, operating cash flow −$328K. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | -61% | 26× |
| Operating profit | −$84K | -133% | — |
| Net earnings | −$109K | -145% | — |
| Operating cash flow | −$328K | — | — |
What changed
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.
Questions
What was Marwynn Holdings' revenue in the first quarter fiscal 2027?
Marwynn Holdings (MWYN) reported revenue of $1.1M for the first quarter fiscal 2027 (Q1 FY27), up 26-fold from a year earlier and -61% from the quarter before.
Was Marwynn Holdings profitable in the first quarter fiscal 2027?
Operating loss was $84K (-7.7% of revenue) and net loss $109K.
Source: Marwynn Holdings 10-Q on SEC EDGAR.