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Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and STAAR SURGICAL CO (STAA). Click either name above to swap in a different company.

STAAR SURGICAL CO is the larger business by last-quarter revenue ($49.0M vs $31.1M, roughly 1.6× Multi Ways Holdings Ltd). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -69.9%, a 60.7% gap on every dollar of revenue. STAAR SURGICAL CO produced more free cash flow last quarter ($-5.1M 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.

STAAR Surgical Co is a global ophthalmic medical device firm. It designs, makes and sells implantable collamer lenses (ICLs) for minimally invasive vision correction, plus supporting surgical products for ophthalmologists across North America, Europe, Asia Pacific and other key regional markets.

MWG vs STAA — Head-to-Head

Bigger by revenue
STAA
STAA
1.6× larger
STAA
$49.0M
$31.1M
MWG
Higher net margin
MWG
MWG
60.7% more per $
MWG
-9.2%
-69.9%
STAA
More free cash flow
STAA
STAA
$8.4M more FCF
STAA
$-5.1M
$-13.5M
MWG

Income Statement — Q4 FY2024 vs Q4 FY2024

Metric
MWG
MWG
STAA
STAA
Revenue
$31.1M
$49.0M
Net Profit
$-2.9M
$-34.2M
Gross Margin
31.3%
64.7%
Operating Margin
-6.2%
-57.0%
Net Margin
-9.2%
-69.9%
Revenue YoY
-35.8%
Net Profit YoY
-541.3%
EPS (diluted)
$-0.09
$-0.69

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
STAA
STAA
Q4 24
$31.1M
$49.0M
Q3 24
$88.6M
Q2 24
$99.0M
Q1 24
$77.4M
Q4 23
$76.3M
Q3 23
$80.3M
Q2 23
$92.3M
Q1 23
$73.5M
Net Profit
MWG
MWG
STAA
STAA
Q4 24
$-2.9M
$-34.2M
Q3 24
$10.0M
Q2 24
$7.4M
Q1 24
$-3.3M
Q4 23
$7.8M
Q3 23
$4.8M
Q2 23
$6.1M
Q1 23
$2.7M
Gross Margin
MWG
MWG
STAA
STAA
Q4 24
31.3%
64.7%
Q3 24
77.3%
Q2 24
79.2%
Q1 24
78.9%
Q4 23
79.6%
Q3 23
79.2%
Q2 23
76.6%
Q1 23
78.3%
Operating Margin
MWG
MWG
STAA
STAA
Q4 24
-6.2%
-57.0%
Q3 24
6.4%
Q2 24
12.0%
Q1 24
-2.9%
Q4 23
13.6%
Q3 23
7.8%
Q2 23
9.3%
Q1 23
3.8%
Net Margin
MWG
MWG
STAA
STAA
Q4 24
-9.2%
-69.9%
Q3 24
11.3%
Q2 24
7.5%
Q1 24
-4.3%
Q4 23
10.2%
Q3 23
6.0%
Q2 23
6.6%
Q1 23
3.7%
EPS (diluted)
MWG
MWG
STAA
STAA
Q4 24
$-0.09
$-0.69
Q3 24
$0.20
Q2 24
$0.15
Q1 24
$-0.07
Q4 23
$0.16
Q3 23
$0.10
Q2 23
$0.12
Q1 23
$0.05

Balance Sheet & Financial Strength

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

Metric
MWG
MWG
STAA
STAA
Cash + ST InvestmentsLiquidity on hand
$3.3M
$230.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$20.1M
$397.3M
Total Assets
$69.6M
$509.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWG
MWG
STAA
STAA
Q4 24
$3.3M
$230.5M
Q3 24
$236.0M
Q2 24
$235.2M
Q1 24
$245.1M
Q4 23
$220.7M
Q3 23
$188.1M
Q2 23
$192.0M
Q1 23
$203.8M
Stockholders' Equity
MWG
MWG
STAA
STAA
Q4 24
$20.1M
$397.3M
Q3 24
$428.1M
Q2 24
$409.1M
Q1 24
$392.8M
Q4 23
$386.0M
Q3 23
$378.6M
Q2 23
$357.6M
Q1 23
$342.8M
Total Assets
MWG
MWG
STAA
STAA
Q4 24
$69.6M
$509.5M
Q3 24
$537.6M
Q2 24
$512.7M
Q1 24
$492.5M
Q4 23
$488.7M
Q3 23
$471.5M
Q2 23
$440.7M
Q1 23
$418.9M

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
STAA
STAA
Operating Cash FlowLast quarter
$-12.9M
$642.0K
Free Cash FlowOCF − Capex
$-13.5M
$-5.1M
FCF MarginFCF / Revenue
-43.5%
-10.4%
Capex IntensityCapex / Revenue
1.9%
11.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWG
MWG
STAA
STAA
Q4 24
$-12.9M
$642.0K
Q3 24
$3.8M
Q2 24
$-10.4M
Q1 24
$21.7M
Q4 23
$32.0M
Q3 23
$-6.0M
Q2 23
$-6.3M
Q1 23
$-5.1M
Free Cash Flow
MWG
MWG
STAA
STAA
Q4 24
$-13.5M
$-5.1M
Q3 24
$-2.4M
Q2 24
$-16.6M
Q1 24
$16.5M
Q4 23
$28.9M
Q3 23
$-15.2M
Q2 23
$-9.3M
Q1 23
$-8.0M
FCF Margin
MWG
MWG
STAA
STAA
Q4 24
-43.5%
-10.4%
Q3 24
-2.7%
Q2 24
-16.8%
Q1 24
21.3%
Q4 23
37.9%
Q3 23
-18.9%
Q2 23
-10.1%
Q1 23
-10.9%
Capex Intensity
MWG
MWG
STAA
STAA
Q4 24
1.9%
11.7%
Q3 24
7.0%
Q2 24
6.3%
Q1 24
6.7%
Q4 23
4.0%
Q3 23
11.4%
Q2 23
3.3%
Q1 23
3.9%
Cash Conversion
MWG
MWG
STAA
STAA
Q4 24
Q3 24
0.38×
Q2 24
-1.41×
Q1 24
Q4 23
4.12×
Q3 23
-1.24×
Q2 23
-1.04×
Q1 23
-1.88×

Financial Flow Comparison

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

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