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Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and Ostin Technology Group Co., Ltd. (OST). 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 $20.8M, roughly 1.5× Ostin Technology Group Co., Ltd.). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -24.8%, 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.

Ostin Technology Group Co., Ltd. is a provider of display and interactive technology solutions. It develops and manufactures touch panels, interactive whiteboards and custom display modules, serving consumer electronics, education and commercial segments across Asia Pacific, North America and European markets.

MWG vs OST — Head-to-Head

Bigger by revenue
MWG
MWG
1.5× larger
MWG
$31.1M
$20.8M
OST
Higher net margin
MWG
MWG
15.7% more per $
MWG
-9.2%
-24.8%
OST

Income Statement — Q4 FY2024 vs Q2 FY2025

Metric
MWG
MWG
OST
OST
Revenue
$31.1M
$20.8M
Net Profit
$-2.9M
$-5.2M
Gross Margin
31.3%
9.1%
Operating Margin
-6.2%
-23.4%
Net Margin
-9.2%
-24.8%
Revenue YoY
39.2%
Net Profit YoY
-11.6%
EPS (diluted)
$-0.09
$-2.98

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
OST
OST
Q1 25
$20.8M
Q4 24
$31.1M
Q1 24
$15.0M
Net Profit
MWG
MWG
OST
OST
Q1 25
$-5.2M
Q4 24
$-2.9M
Q1 24
$-4.6M
Gross Margin
MWG
MWG
OST
OST
Q1 25
9.1%
Q4 24
31.3%
Q1 24
5.9%
Operating Margin
MWG
MWG
OST
OST
Q1 25
-23.4%
Q4 24
-6.2%
Q1 24
-25.3%
Net Margin
MWG
MWG
OST
OST
Q1 25
-24.8%
Q4 24
-9.2%
Q1 24
-31.0%
EPS (diluted)
MWG
MWG
OST
OST
Q1 25
$-2.98
Q4 24
$-0.09
Q1 24
$-0.29

Balance Sheet & Financial Strength

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

Metric
MWG
MWG
OST
OST
Cash + ST InvestmentsLiquidity on hand
$3.3M
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$20.1M
$2.7M
Total Assets
$69.6M
$52.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWG
MWG
OST
OST
Q1 25
$1.7M
Q4 24
$3.3M
Q1 24
$1.7M
Stockholders' Equity
MWG
MWG
OST
OST
Q1 25
$2.7M
Q4 24
$20.1M
Q1 24
$10.3M
Total Assets
MWG
MWG
OST
OST
Q1 25
$52.6M
Q4 24
$69.6M
Q1 24
$51.4M

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
OST
OST
Operating Cash FlowLast quarter
$-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
MWG
MWG
OST
OST
Q1 25
Q4 24
$-12.9M
Q1 24
$-3.9M
Free Cash Flow
MWG
MWG
OST
OST
Q1 25
Q4 24
$-13.5M
Q1 24
$-4.5M
FCF Margin
MWG
MWG
OST
OST
Q1 25
Q4 24
-43.5%
Q1 24
-30.1%
Capex Intensity
MWG
MWG
OST
OST
Q1 25
Q4 24
1.9%
Q1 24
4.1%

Financial Flow Comparison

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

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