vs

Side-by-side financial comparison of SemiLEDs Corp (LEDS) and Marwynn Holdings, Inc. (MWYN). Click either name above to swap in a different company.

SemiLEDs Corp is the larger business by last-quarter revenue ($2.6M vs $2.3M, roughly 1.1× Marwynn Holdings, Inc.). SemiLEDs Corp runs the higher net margin — -28.9% vs -116.0%, a 87.1% gap on every dollar of revenue. On growth, SemiLEDs Corp posted the faster year-over-year revenue change (103.7% vs -13.3%).

SEMI is an industry association comprising companies involved in the electronics design and manufacturing supply chain. They provide equipment, materials and services for the manufacture of semiconductors, photovoltaic panels, LED and flat panel displays, micro-electromechanical systems (MEMS), printed and flexible electronics, and related micro and nano-technologies.

Marwynn Holdings, Inc. is a Canada-based investment holding company focused on acquiring, managing, and scaling middle-market businesses primarily across North America. Its core operating segments cover industrial products, consumer goods, and technology-enabled services, targeting sustainable long-term value creation for its stakeholders.

LEDS vs MWYN — Head-to-Head

Bigger by revenue
LEDS
LEDS
1.1× larger
LEDS
$2.6M
$2.3M
MWYN
Growing faster (revenue YoY)
LEDS
LEDS
+117.1% gap
LEDS
103.7%
-13.3%
MWYN
Higher net margin
LEDS
LEDS
87.1% more per $
LEDS
-28.9%
-116.0%
MWYN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LEDS
LEDS
MWYN
MWYN
Revenue
$2.6M
$2.3M
Net Profit
$-742.0K
$-2.7M
Gross Margin
0.7%
42.4%
Operating Margin
-39.4%
-115.8%
Net Margin
-28.9%
-116.0%
Revenue YoY
103.7%
-13.3%
Net Profit YoY
-35.6%
-11713.9%
EPS (diluted)
$-0.09
$-0.16

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
LEDS
LEDS
MWYN
MWYN
Q4 25
$2.6M
Q3 25
$13.2M
$2.3M
Q2 25
$17.7M
Q1 25
$10.9M
$623.7K
Q4 24
$1.3M
Q3 24
$1.3M
Q2 24
$1.3M
Q1 24
$886.0K
Net Profit
LEDS
LEDS
MWYN
MWYN
Q4 25
$-742.0K
Q3 25
$-1.2M
$-2.7M
Q2 25
$223.0K
Q1 25
$388.0K
$23.4K
Q4 24
$-547.0K
Q3 24
Q2 24
$-319.0K
Q1 24
$-559.0K
Gross Margin
LEDS
LEDS
MWYN
MWYN
Q4 25
0.7%
Q3 25
1.7%
42.4%
Q2 25
5.3%
Q1 25
9.2%
39.2%
Q4 24
20.6%
Q3 24
11.6%
Q2 24
41.0%
Q1 24
12.6%
Operating Margin
LEDS
LEDS
MWYN
MWYN
Q4 25
-39.4%
Q3 25
-9.0%
-115.8%
Q2 25
-0.4%
Q1 25
1.0%
13.5%
Q4 24
-52.1%
Q3 24
Q2 24
-35.8%
Q1 24
-93.9%
Net Margin
LEDS
LEDS
MWYN
MWYN
Q4 25
-28.9%
Q3 25
-9.0%
-116.0%
Q2 25
1.3%
Q1 25
3.6%
3.8%
Q4 24
-43.4%
Q3 24
Q2 24
-24.1%
Q1 24
-63.1%
EPS (diluted)
LEDS
LEDS
MWYN
MWYN
Q4 25
$-0.09
Q3 25
$-0.15
$-0.16
Q2 25
$0.03
Q1 25
$0.05
$0.00
Q4 24
$-0.08
Q3 24
Q2 24
$-0.04
Q1 24
$-0.11

Balance Sheet & Financial Strength

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

Metric
LEDS
LEDS
MWYN
MWYN
Cash + ST InvestmentsLiquidity on hand
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1M
$2.3M
Total Assets
$14.2M
$11.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEDS
LEDS
MWYN
MWYN
Q4 25
$2.9M
Q3 25
$2.6M
Q2 25
$2.4M
Q1 25
$2.4M
$480
Q4 24
$1.2M
Q3 24
$1.7M
Q2 24
$1.7M
Q1 24
$1.6M
Total Debt
LEDS
LEDS
MWYN
MWYN
Q4 25
Q3 25
$1.7M
Q2 25
Q1 25
Q4 24
Q3 24
$3.7M
Q2 24
Q1 24
Stockholders' Equity
LEDS
LEDS
MWYN
MWYN
Q4 25
$2.1M
Q3 25
$2.8M
$2.3M
Q2 25
$4.0M
Q1 25
$3.6M
$2.4M
Q4 24
$1.6M
Q3 24
$2.2M
Q2 24
$2.7M
Q1 24
$3.0M
Total Assets
LEDS
LEDS
MWYN
MWYN
Q4 25
$14.2M
Q3 25
$15.6M
$11.6M
Q2 25
$23.2M
Q1 25
$23.2M
$12.6M
Q4 24
$10.4M
Q3 24
$11.1M
Q2 24
$11.5M
Q1 24
$12.0M
Debt / Equity
LEDS
LEDS
MWYN
MWYN
Q4 25
Q3 25
0.61×
Q2 25
Q1 25
Q4 24
Q3 24
1.69×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
LEDS
LEDS
MWYN
MWYN
Operating Cash FlowLast quarter
$361.0K
$-95.1K
Free Cash FlowOCF − Capex
$331.0K
FCF MarginFCF / Revenue
12.9%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEDS
LEDS
MWYN
MWYN
Q4 25
$361.0K
Q3 25
$-95.1K
Q2 25
$693.0K
Q1 25
$1.4M
Q4 24
$-158.0K
Q3 24
Q2 24
$109.0K
Q1 24
$-600.0K
Free Cash Flow
LEDS
LEDS
MWYN
MWYN
Q4 25
$331.0K
Q3 25
Q2 25
$383.0K
Q1 25
$1.3M
Q4 24
$-276.0K
Q3 24
Q2 24
$98.0K
Q1 24
$-619.0K
FCF Margin
LEDS
LEDS
MWYN
MWYN
Q4 25
12.9%
Q3 25
Q2 25
2.2%
Q1 25
11.8%
Q4 24
-21.9%
Q3 24
Q2 24
7.4%
Q1 24
-69.9%
Capex Intensity
LEDS
LEDS
MWYN
MWYN
Q4 25
1.2%
Q3 25
0.2%
Q2 25
1.8%
Q1 25
1.1%
Q4 24
9.4%
Q3 24
9.3%
Q2 24
0.8%
Q1 24
2.1%
Cash Conversion
LEDS
LEDS
MWYN
MWYN
Q4 25
Q3 25
Q2 25
3.11×
Q1 25
3.62×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEDS
LEDS

Segment breakdown not available.

MWYN
MWYN

Other$1.3M57%
Revenue From Recyclable Ewaste Materials Sales$1.0M43%

Related Comparisons