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Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and Outset Medical, Inc. (OM). 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 $28.9M, roughly 1.1× Outset Medical, Inc.). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -67.5%, a 58.3% gap on every dollar of revenue. Outset Medical, Inc. produced more free cash flow last quarter ($-9.7M 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.

Outset Medical, Inc. is a medical technology company focused on developing and commercializing innovative dialysis solutions for patients living with kidney disease. Its flagship Tablo Hemodialysis System supports use in acute care facilities, outpatient clinics, and home settings, serving healthcare providers and patients across the U.S. and select international markets.

MWG vs OM — Head-to-Head

Bigger by revenue
MWG
MWG
1.1× larger
MWG
$31.1M
$28.9M
OM
Higher net margin
MWG
MWG
58.3% more per $
MWG
-9.2%
-67.5%
OM
More free cash flow
OM
OM
$3.8M more FCF
OM
$-9.7M
$-13.5M
MWG

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
MWG
MWG
OM
OM
Revenue
$31.1M
$28.9M
Net Profit
$-2.9M
$-19.5M
Gross Margin
31.3%
42.4%
Operating Margin
-6.2%
-61.1%
Net Margin
-9.2%
-67.5%
Revenue YoY
-2.0%
Net Profit YoY
24.0%
EPS (diluted)
$-0.09
$0.33

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
MWG
MWG
OM
OM
Q4 25
$28.9M
Q3 25
$29.4M
Q2 25
$31.4M
Q1 25
$29.8M
Q4 24
$31.1M
$29.5M
Q3 24
$28.7M
Q2 24
$27.4M
Q1 24
$28.2M
Net Profit
MWG
MWG
OM
OM
Q4 25
$-19.5M
Q3 25
$-17.8M
Q2 25
$-18.5M
Q1 25
$-25.8M
Q4 24
$-2.9M
$-25.6M
Q3 24
$-27.9M
Q2 24
$-34.5M
Q1 24
$-39.9M
Gross Margin
MWG
MWG
OM
OM
Q4 25
42.4%
Q3 25
39.4%
Q2 25
37.8%
Q1 25
37.2%
Q4 24
31.3%
36.5%
Q3 24
34.3%
Q2 24
35.7%
Q1 24
29.2%
Operating Margin
MWG
MWG
OM
OM
Q4 25
-61.1%
Q3 25
-53.7%
Q2 25
-53.7%
Q1 25
-55.1%
Q4 24
-6.2%
-74.2%
Q3 24
-83.2%
Q2 24
-112.3%
Q1 24
-131.0%
Net Margin
MWG
MWG
OM
OM
Q4 25
-67.5%
Q3 25
-60.6%
Q2 25
-59.0%
Q1 25
-86.7%
Q4 24
-9.2%
-87.0%
Q3 24
-97.5%
Q2 24
-125.8%
Q1 24
-141.8%
EPS (diluted)
MWG
MWG
OM
OM
Q4 25
$0.33
Q3 25
$-1.00
Q2 25
$-1.04
Q1 25
$-3.66
Q4 24
$-0.09
$-7.21
Q3 24
$-8.02
Q2 24
$-9.96
Q1 24
$-11.77

Balance Sheet & Financial Strength

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

Metric
MWG
MWG
OM
OM
Cash + ST InvestmentsLiquidity on hand
$3.3M
$168.9M
Total DebtLower is stronger
$96.2M
Stockholders' EquityBook value
$20.1M
$127.0M
Total Assets
$69.6M
$264.5M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWG
MWG
OM
OM
Q4 25
$168.9M
Q3 25
$178.6M
Q2 25
$184.1M
Q1 25
$189.0M
Q4 24
$3.3M
$158.7M
Q3 24
$175.6M
Q2 24
$194.8M
Q1 24
$226.9M
Total Debt
MWG
MWG
OM
OM
Q4 25
$96.2M
Q3 25
Q2 25
Q1 25
Q4 24
$197.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MWG
MWG
OM
OM
Q4 25
$127.0M
Q3 25
$142.4M
Q2 25
$154.8M
Q1 25
$169.9M
Q4 24
$20.1M
$26.8M
Q3 24
$47.8M
Q2 24
$68.6M
Q1 24
$93.2M
Total Assets
MWG
MWG
OM
OM
Q4 25
$264.5M
Q3 25
$277.3M
Q2 25
$288.8M
Q1 25
$301.2M
Q4 24
$69.6M
$275.8M
Q3 24
$292.9M
Q2 24
$314.5M
Q1 24
$346.2M
Debt / Equity
MWG
MWG
OM
OM
Q4 25
0.76×
Q3 25
Q2 25
Q1 25
Q4 24
7.36×
Q3 24
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
MWG
MWG
OM
OM
Operating Cash FlowLast quarter
$-12.9M
$-9.5M
Free Cash FlowOCF − Capex
$-13.5M
$-9.7M
FCF MarginFCF / Revenue
-43.5%
-33.7%
Capex IntensityCapex / Revenue
1.9%
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-47.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWG
MWG
OM
OM
Q4 25
$-9.5M
Q3 25
$-6.3M
Q2 25
$-4.8M
Q1 25
$-25.7M
Q4 24
$-12.9M
$-16.5M
Q3 24
$-20.6M
Q2 24
$-33.3M
Q1 24
$-45.9M
Free Cash Flow
MWG
MWG
OM
OM
Q4 25
$-9.7M
Q3 25
$-6.5M
Q2 25
$-5.1M
Q1 25
$-25.8M
Q4 24
$-13.5M
$-16.5M
Q3 24
$-21.0M
Q2 24
$-33.5M
Q1 24
$-46.3M
FCF Margin
MWG
MWG
OM
OM
Q4 25
-33.7%
Q3 25
-22.0%
Q2 25
-16.3%
Q1 25
-86.7%
Q4 24
-43.5%
-56.1%
Q3 24
-73.1%
Q2 24
-122.2%
Q1 24
-164.3%
Capex Intensity
MWG
MWG
OM
OM
Q4 25
0.8%
Q3 25
0.5%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
1.9%
0.1%
Q3 24
1.4%
Q2 24
0.4%
Q1 24
1.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MWG
MWG

Segment breakdown not available.

OM
OM

Consumables Product$13.5M47%
Service And Other Revenue$9.0M31%
Consoles Product$6.4M22%

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