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Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) 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 $18.7M, roughly 1.7× HEALTHY CHOICE WELLNESS CORP.). HEALTHY CHOICE WELLNESS CORP. runs the higher net margin — -8.9% vs -9.2%, a 0.3% gap on every dollar of revenue. HEALTHY CHOICE WELLNESS CORP. produced more free cash flow last quarter ($-927.1K vs $-13.5M).

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.

HCWC vs MWG — Head-to-Head

Bigger by revenue
MWG
MWG
1.7× larger
MWG
$31.1M
$18.7M
HCWC
Higher net margin
HCWC
HCWC
0.3% more per $
HCWC
-8.9%
-9.2%
MWG
More free cash flow
HCWC
HCWC
$12.6M more FCF
HCWC
$-927.1K
$-13.5M
MWG

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
HCWC
HCWC
MWG
MWG
Revenue
$18.7M
$31.1M
Net Profit
$-1.7M
$-2.9M
Gross Margin
39.1%
31.3%
Operating Margin
-7.6%
-6.2%
Net Margin
-8.9%
-9.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.05
$-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
HCWC
HCWC
MWG
MWG
Q4 25
$18.7M
Q3 25
$19.0M
Q2 25
$20.2M
Q1 25
$20.3M
Q4 24
$31.1M
Q3 24
$18.2M
Net Profit
HCWC
HCWC
MWG
MWG
Q4 25
$-1.7M
Q3 25
$-1.2M
Q2 25
$-339.4K
Q1 25
$-712.4K
Q4 24
$-2.9M
Q3 24
$-2.7M
Gross Margin
HCWC
HCWC
MWG
MWG
Q4 25
39.1%
Q3 25
38.8%
Q2 25
40.1%
Q1 25
38.8%
Q4 24
31.3%
Q3 24
38.4%
Operating Margin
HCWC
HCWC
MWG
MWG
Q4 25
-7.6%
Q3 25
-3.2%
Q2 25
-0.2%
Q1 25
-2.0%
Q4 24
-6.2%
Q3 24
-2.0%
Net Margin
HCWC
HCWC
MWG
MWG
Q4 25
-8.9%
Q3 25
-6.4%
Q2 25
-1.7%
Q1 25
-3.5%
Q4 24
-9.2%
Q3 24
-14.6%
EPS (diluted)
HCWC
HCWC
MWG
MWG
Q4 25
$-0.05
Q3 25
$-0.09
Q2 25
$-0.03
Q1 25
$-0.07
Q4 24
$-0.09
Q3 24
$-0.29

Balance Sheet & Financial Strength

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

Metric
HCWC
HCWC
MWG
MWG
Cash + ST InvestmentsLiquidity on hand
$3.0M
$3.3M
Total DebtLower is stronger
$7.3M
Stockholders' EquityBook value
$7.3M
$20.1M
Total Assets
$33.5M
$69.6M
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCWC
HCWC
MWG
MWG
Q4 25
$3.0M
Q3 25
$3.0M
Q2 25
$4.7M
Q1 25
$1.8M
Q4 24
$3.3M
Q3 24
$1.8M
Total Debt
HCWC
HCWC
MWG
MWG
Q4 25
$7.3M
Q3 25
$8.5M
Q2 25
$9.7M
Q1 25
$10.6M
Q4 24
Q3 24
$11.6M
Stockholders' Equity
HCWC
HCWC
MWG
MWG
Q4 25
$7.3M
Q3 25
$5.9M
Q2 25
$5.8M
Q1 25
$2.1M
Q4 24
$20.1M
Q3 24
$2.9M
Total Assets
HCWC
HCWC
MWG
MWG
Q4 25
$33.5M
Q3 25
$33.7M
Q2 25
$36.4M
Q1 25
$34.1M
Q4 24
$69.6M
Q3 24
$33.2M
Debt / Equity
HCWC
HCWC
MWG
MWG
Q4 25
1.00×
Q3 25
1.43×
Q2 25
1.69×
Q1 25
5.01×
Q4 24
Q3 24
3.95×

Cash Flow & Capital Efficiency

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

Metric
HCWC
HCWC
MWG
MWG
Operating Cash FlowLast quarter
$-855.1K
$-12.9M
Free Cash FlowOCF − Capex
$-927.1K
$-13.5M
FCF MarginFCF / Revenue
-5.0%
-43.5%
Capex IntensityCapex / Revenue
0.4%
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$675.4K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCWC
HCWC
MWG
MWG
Q4 25
$-855.1K
Q3 25
$-308.7K
Q2 25
$1.1M
Q1 25
$1.1M
Q4 24
$-12.9M
Q3 24
Free Cash Flow
HCWC
HCWC
MWG
MWG
Q4 25
$-927.1K
Q3 25
$-351.3K
Q2 25
$988.6K
Q1 25
$965.3K
Q4 24
$-13.5M
Q3 24
FCF Margin
HCWC
HCWC
MWG
MWG
Q4 25
-5.0%
Q3 25
-1.8%
Q2 25
4.9%
Q1 25
4.8%
Q4 24
-43.5%
Q3 24
Capex Intensity
HCWC
HCWC
MWG
MWG
Q4 25
0.4%
Q3 25
0.2%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
1.9%
Q3 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCWC
HCWC

Retail Grocery$17.1M91%
Food Service Restaurant$1.7M9%

MWG
MWG

Segment breakdown not available.

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