JWEL

MKT CAP:$5M

Jowell Global Ltd.

Market Cap

$5M

Consumer Cyclical·Specialty Retail·🇨🇳 China·NASDAQ

Consumer Cyc.·Specialty Retail·🇨🇳·NASDAQ

Stock Price

$2.48+$0.15 (+6.48%)

Apr 22, 2026

Company Details

Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children products; washing items; fragrances; food products;...

CEO

Haiting Li

IPO Date

Mar 17, 2021

Website

www.1juhao.com

Key Metrics TTM

Revenue

$285M

-28.3% YoY

Net Income

-$14M

EPS (Diluted)

-$6.29

Free Cash Flow

$1M

Revenue / Share

$131.19

Gross Margin

3.5%

Operating Margin

-4.9%

Net Margin

-4.8%

FCF Margin

0.4%

P/S

0.0x

P/E

—

Earnings Reports

Q2 2025

Jun 29, 2025

$76M-11.1%EPS -$0.58

FY 2024

May 9, 2025

$133MEPS -$3.67

Q4 2024

May 9, 2025

$47M-37.4%EPS -$1.95

Q2 2024

Jun 29, 2024

$86M+1.5%EPS -$1.72

Q4 2023

May 13, 2024

$76M-31.0%EPS -$2.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$68M	$5M	-$640.3K
Q4 21	$103M	$7M	-$6M
Q2 22	$100M	$4M	-$9M
Q4 22	$110M	$2M	-$4M
Q2 23	$84M	$642.9K	-$7M
Q4 23	$76M	$3M	-$4M
Q2 24	$86M	$852.5K	-$4M
Q4 24	$47M	$410.6K	-$4M
Q2 25	$76M	$6M	-$2M

Valuation

Quarter	P/S	P/E
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	0.0x	—
Q2 23	0.0x	—
Q4 23	0.0x	—
Q2 24	0.0x	—
Q4 24	0.0x	—
Q2 25	0.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 21	-$16M	-$16M
Q4 21	-$2M	-$4M
Q2 22	-$16M	-$17M
Q4 22	$4M	$4M
Q2 23	-$10M	-$10M
Q4 23	-$4M	-$4M
Q2 24	-$41.0K	-$50.2K
Q4 24	$831.2K	$722.8K
Q2 25	$4M	$4M

Capital Expenditures

Quarter	CapEx
Q2 21	$273.3K
Q4 21	$2M
Q2 22	$686.6K
Q4 22	$651.6K
Q2 23	$17.2K
Q4 23	$0
Q2 24	$9.2K
Q4 24	$108.4K
Q2 25	$8.7K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	+24.0%	+32.4%
Q4 23	-26.5%	-26.8%
Q2 24	-14.7%	-17.7%
Q4 24	-56.8%	-54.5%
Q2 25	-9.8%	-14.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 21	$0	0.0%
Q4 21	$971.2K	0.9%
Q2 22	$1M	1.2%
Q4 22	$689.9K	0.6%
Q2 23	$129.7K	0.2%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 21	$2M	$2M	—
Q4 21	$3M	$7M	—
Q2 22	$4M	$6M	—
Q4 22	$1M	$3M	—
Q2 23	$2M	$3M	—
Q4 23	$1M	$4M	—
Q2 24	—	—	$5M
Q4 24	—	—	$5M
Q2 25	—	—	$8M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 18	$227.8K	$0	$227.8K
Q4 19	$11.5K	$0	$11.5K
Q2 20	$8M	$0	$8M
Q4 20	$18M	$0	$18M
Q2 21	$30M	$0	$30M
Q4 21	$21M	$0	$21M
Q2 22	$10M	$0	$10M
Q4 22	$17M	$0	$17M
Q2 23	$2M	$0	$2M
Q4 23	$1M	$0	$1M
Q2 24	$805.3K	$0	$805.3K
Q4 24	$2M	$0	$2M
Q2 25	$7M	$0	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	24M	—	—
Q4 21	26M	+12.0%	—
Q2 22	26M	-0.1%	—
Q4 22	35M	+32.1%	—
Q2 23	2M	-93.9%	-90.9%
Q4 23	2M	+0.5%	-91.9%
Q2 24	2M	+1.1%	-91.8%
Q4 24	2M	+0.0%	-93.8%
Q2 25	2M	0.0%	+1.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	$618.9K	110
Q4 21	$424.9K	242
Q2 22	$414.9K	242
Q4 22	$502.6K	218
Q2 23	$387.2K	218
Q4 23	$490.9K	154
Q2 24	$556.4K	154
Q4 24	$284.9K	166
Q2 25	$458.8K	166

Revenue / Employee