MWYN

MKT CAP:$10M

Marwynn Holdings, Inc. Common stock

Market Cap

$10M

Consumer Defensive·Packaged Foods·🇺🇸 United States·NASDAQ

Consumer Def.·Packaged Foods·🇺🇸·NASDAQ

Stock Price

$0.60-$0.27 (-31.21%)

Apr 21, 2026

Company Details

Marwynn Holdings, Inc. is a holding company operating through its subsidiaries, FuAn Enterprise, Inc. and Grand Forest Cabinetry Inc. The company specializes in supply chain solutions, offering food, snacks, non-alcoholic beverages, kitchen...

CEO

Yin Yan

IPO Date

Mar 13, 2025

Website

www.marwynnholdings.com

Key Metrics TTM

Revenue

$11M

-12.7% YoY

Net Income

-$7M

EPS (Diluted)

-$0.43

Free Cash Flow

-$4M

Revenue / Share

$0.62

Gross Margin

40.5%

Operating Margin

-64.6%

Net Margin

-64.0%

FCF Margin

-41.9%

P/S

1.0x

P/E

—

Earnings Reports

Q1 2026

Sep 15, 2025

$2M-17.5%EPS -$0.16

FY 2025

Aug 8, 2025

$11M-6.8%EPS -$0.29

Q4 2025

Aug 8, 2025

$3M-13.7%EPS -$0.26

Q3 2025

Apr 23, 2025

$3M-5.5%EPS $0.00

Q2 2025

Oct 31, 2024

$3M-14.1%EPS -$0.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 24	$3M	$1M	$379.3K
Q2 24	$3M	$1M	$138.9K
Q3 24	$3M	$1M	$399.1K
Q4 24	$3M	$2M	$473.3K
Q1 25	$3M	$1M	-$229.8K
Q2 25	$3M	$1M	-$35.4K
Q3 25	$3M	$1M	$2.0K
Q4 25	$3M	$927.9K	-$4M
Q1 26	$2M	$994.3K	-$3M

Valuation

Quarter	P/S	P/E
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	6.1x	73.2x
Q1 25	6.0x	193.2x
Q2 25	6.2x	394.4x
Q3 25	6.3x	—
Q4 25	5.6x	—
Q1 26	2.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 24	$95.9K	$93.2K
Q2 24	$401.8K	$340.0K
Q3 24	$285.6K	-$43.5K
Q4 24	$265.4K	$281.1K
Q1 25	-$986.6K	-$991.6K
Q2 25	$304.1K	$307.3K
Q3 25	$401.8K	$346.8K
Q4 25	-$5M	-$5M
Q1 26	-$95.1K	-$95.1K

Capital Expenditures

Quarter	CapEx
Q1 24	$2.7K
Q2 24	$61.8K
Q3 24	$329.1K
Q4 24	$15.7K
Q1 25	$5.0K
Q2 25	$3.3K
Q3 25	$55.0K
Q4 25	$13.1K
Q1 26	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 25	+9.1%	+37.9%
Q2 25	-14.1%	-8.8%
Q3 25	-5.5%	+9.8%
Q4 25	-13.7%	+142.3%
Q1 26	-17.5%	+64.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%
Q1 26	$29.3K	1.2%

OpEx Breakdown

Quarter	G&A	S&M
Q1 24	$708.9K	$72.3K
Q2 24	$839.8K	$152.0K
Q3 24	$810.5K	$158.5K
Q4 24	$1M	—
Q1 25	$2M	$19.7K
Q2 25	$1M	$8.8K
Q3 25	$950.8K	$164.9K
Q4 25	$4M	$1M
Q1 26	$2M	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 24	$1M	$0	$1M
Q1 25	$301.7K	$0	$301.7K
Q2 25	$60.5K	$0	$60.5K
Q3 25	$231.8K	$0	$231.8K
Q4 25	$1M	$0	$1M
Q1 26	$214.0K	$0	$214.0K
Q3 26	$295.8K	$0	$295.8K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 24	17M	—	—
Q2 24	17M	0.0%	—
Q3 24	17M	0.0%	—
Q4 24	17M	0.0%	—
Q1 25	17M	0.0%	0.0%
Q2 25	17M	0.0%	0.0%
Q3 25	17M	0.0%	0.0%
Q4 25	15M	-10.1%	-10.1%
Q1 26	17M	+11.6%	+0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	—	—
Q1 25	—	—
Q2 25	—	—
Q3 25	—	—
Q4 25	$107.7K	27
Q1 26	$86.8K	27

Revenue / Employee