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Side-by-side financial comparison of FrontView REIT, Inc. (FVR) and Multi Ways Holdings Ltd (MWG). Click either name above to swap in a different company.

Multi Ways Holdings Ltd is the larger business by last-quarter revenue ($31.1M vs $16.5M, roughly 1.9× FrontView REIT, Inc.). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -24.9%, a 15.7% gap on every dollar of revenue.

Multi Ways Holdings Limited is a Hong Kong-headquartered integrated logistics service provider, offering freight forwarding, warehousing management, customs brokerage, and end-to-end supply chain solutions. It mainly serves clients in manufacturing, retail and e-commerce segments, with core markets spanning Greater China, Southeast Asia and North America.

FVR vs MWG — Head-to-Head

Bigger by revenue
MWG
MWG
1.9× larger
MWG
$31.1M
$16.5M
FVR
Higher net margin
MWG
MWG
15.7% more per $
MWG
-9.2%
-24.9%
FVR

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
FVR
FVR
MWG
MWG
Revenue
$16.5M
$31.1M
Net Profit
$-4.1M
$-2.9M
Gross Margin
31.3%
Operating Margin
-6.2%
Net Margin
-24.9%
-9.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.19
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FVR
FVR
MWG
MWG
Q4 25
$16.5M
Q3 25
$16.8M
Q2 25
$17.6M
Q1 25
$16.2M
Q4 24
$31.1M
Q3 24
$14.5M
Net Profit
FVR
FVR
MWG
MWG
Q4 25
$-4.1M
Q3 25
$4.0M
Q2 25
$-2.9M
Q1 25
$-833.0K
Q4 24
$-2.9M
Q3 24
$-2.4M
Gross Margin
FVR
FVR
MWG
MWG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
31.3%
Q3 24
Operating Margin
FVR
FVR
MWG
MWG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-6.2%
Q3 24
Net Margin
FVR
FVR
MWG
MWG
Q4 25
-24.9%
Q3 25
23.9%
Q2 25
-16.5%
Q1 25
-5.1%
Q4 24
-9.2%
Q3 24
-16.7%
EPS (diluted)
FVR
FVR
MWG
MWG
Q4 25
$-0.19
Q3 25
$0.19
Q2 25
$-0.16
Q1 25
$-0.06
Q4 24
$-0.09
Q3 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FVR
FVR
MWG
MWG
Cash + ST InvestmentsLiquidity on hand
$13.5M
$3.3M
Total DebtLower is stronger
$314.3M
Stockholders' EquityBook value
$391.2M
$20.1M
Total Assets
$854.4M
$69.6M
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVR
FVR
MWG
MWG
Q4 25
$13.5M
Q3 25
$19.6M
Q2 25
$8.4M
Q1 25
$3.3M
Q4 24
$3.3M
Q3 24
Total Debt
FVR
FVR
MWG
MWG
Q4 25
$314.3M
Q3 25
$307.1M
Q2 25
$316.9M
Q1 25
$310.2M
Q4 24
Q3 24
Stockholders' Equity
FVR
FVR
MWG
MWG
Q4 25
$391.2M
Q3 25
$385.2M
Q2 25
$369.9M
Q1 25
$324.7M
Q4 24
$20.1M
Q3 24
$1.0K
Total Assets
FVR
FVR
MWG
MWG
Q4 25
$854.4M
Q3 25
$846.8M
Q2 25
$856.5M
Q1 25
$860.8M
Q4 24
$69.6M
Q3 24
$1.0K
Debt / Equity
FVR
FVR
MWG
MWG
Q4 25
0.80×
Q3 25
0.80×
Q2 25
0.86×
Q1 25
0.96×
Q4 24
Q3 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FVR
FVR
MWG
MWG
Operating Cash FlowLast quarter
$42.1M
$-12.9M
Free Cash FlowOCF − Capex
$-13.5M
FCF MarginFCF / Revenue
-43.5%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVR
FVR
MWG
MWG
Q4 25
$42.1M
Q3 25
$8.3M
Q2 25
$9.3M
Q1 25
$8.1M
Q4 24
$-12.9M
Q3 24
Free Cash Flow
FVR
FVR
MWG
MWG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-13.5M
Q3 24
FCF Margin
FVR
FVR
MWG
MWG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-43.5%
Q3 24
Capex Intensity
FVR
FVR
MWG
MWG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.9%
Q3 24
Cash Conversion
FVR
FVR
MWG
MWG
Q4 25
Q3 25
2.06×
Q2 25
Q1 25
Q4 24
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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