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Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and PLAYSTUDIOS, Inc. (MYPS). Click either name above to swap in a different company.
PLAYSTUDIOS, Inc. is the larger business by last-quarter revenue ($55.4M vs $31.1M, roughly 1.8× Multi Ways Holdings Ltd). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -24.7%, a 15.5% gap on every dollar of revenue. PLAYSTUDIOS, Inc. produced more free cash flow last quarter ($3.6M 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.
PLAYSTUDIOS, Inc. develops and publishes free-to-play social and casual casino games for mobile, desktop and social platforms. It operates a loyalty rewards program that lets players redeem in-game achievements for real-world benefits including travel, dining and event tickets, serving markets across North America, Europe and Asia Pacific.
MWG vs MYPS — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $31.1M | $55.4M |
| Net Profit | $-2.9M | $-13.7M |
| Gross Margin | 31.3% | — |
| Operating Margin | -6.2% | -17.7% |
| Net Margin | -9.2% | -24.7% |
| Revenue YoY | — | -18.3% |
| Net Profit YoY | — | 38.9% |
| EPS (diluted) | $-0.09 | $-0.12 |
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.
| Q4 25 | — | $55.4M | ||
| Q3 25 | — | $57.6M | ||
| Q2 25 | — | $59.3M | ||
| Q1 25 | — | $62.7M | ||
| Q4 24 | $31.1M | $67.8M | ||
| Q3 24 | — | $71.2M | ||
| Q2 24 | — | $72.6M | ||
| Q1 24 | — | $77.8M |
| Q4 25 | — | $-13.7M | ||
| Q3 25 | — | $-9.1M | ||
| Q2 25 | — | $-2.9M | ||
| Q1 25 | — | $-2.9M | ||
| Q4 24 | $-2.9M | $-22.4M | ||
| Q3 24 | — | $-3.1M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-567.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -17.7% | ||
| Q3 25 | — | -13.6% | ||
| Q2 25 | — | -5.9% | ||
| Q1 25 | — | -4.4% | ||
| Q4 24 | -6.2% | -33.1% | ||
| Q3 24 | — | -6.7% | ||
| Q2 24 | — | -5.5% | ||
| Q1 24 | — | -2.2% |
| Q4 25 | — | -24.7% | ||
| Q3 25 | — | -15.8% | ||
| Q2 25 | — | -5.0% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | -9.2% | -33.1% | ||
| Q3 24 | — | -4.3% | ||
| Q2 24 | — | -3.6% | ||
| Q1 24 | — | -0.7% |
| Q4 25 | — | $-0.12 | ||
| Q3 25 | — | $-0.07 | ||
| Q2 25 | — | $-0.02 | ||
| Q1 25 | — | $-0.02 | ||
| Q4 24 | $-0.09 | $-0.18 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | — | $-0.02 | ||
| Q1 24 | — | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.3M | $104.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $20.1M | $227.9M |
| Total Assets | $69.6M | $290.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.9M | ||
| Q3 25 | — | $106.3M | ||
| Q2 25 | — | $112.9M | ||
| Q1 25 | — | $107.1M | ||
| Q4 24 | $3.3M | $109.2M | ||
| Q3 24 | — | $105.2M | ||
| Q2 24 | — | $106.3M | ||
| Q1 24 | — | $127.0M |
| Q4 25 | — | $227.9M | ||
| Q3 25 | — | $238.9M | ||
| Q2 25 | — | $245.3M | ||
| Q1 25 | — | $244.1M | ||
| Q4 24 | $20.1M | $244.7M | ||
| Q3 24 | — | $265.2M | ||
| Q2 24 | — | $263.6M | ||
| Q1 24 | — | $288.4M |
| Q4 25 | — | $290.6M | ||
| Q3 25 | — | $299.2M | ||
| Q2 25 | — | $316.2M | ||
| Q1 25 | — | $313.8M | ||
| Q4 24 | $69.6M | $323.0M | ||
| Q3 24 | — | $330.6M | ||
| Q2 24 | — | $333.4M | ||
| Q1 24 | — | $357.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-12.9M | $3.7M |
| Free Cash FlowOCF − Capex | $-13.5M | $3.6M |
| FCF MarginFCF / Revenue | -43.5% | 6.5% |
| Capex IntensityCapex / Revenue | 1.9% | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $25.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.7M | ||
| Q3 25 | — | $5.7M | ||
| Q2 25 | — | $13.6M | ||
| Q1 25 | — | $3.3M | ||
| Q4 24 | $-12.9M | $11.6M | ||
| Q3 24 | — | $14.6M | ||
| Q2 24 | — | $14.5M | ||
| Q1 24 | — | $5.0M |
| Q4 25 | — | $3.6M | ||
| Q3 25 | — | $5.4M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $3.2M | ||
| Q4 24 | $-13.5M | $11.5M | ||
| Q3 24 | — | $13.9M | ||
| Q2 24 | — | $12.8M | ||
| Q1 24 | — | $3.6M |
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 22.3% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | -43.5% | 16.9% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 4.6% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 1.9% | 0.2% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 1.9% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
