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Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and SYPRIS SOLUTIONS INC (SYPR). 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 $30.3M, roughly 1.0× SYPRIS SOLUTIONS INC). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -12.9%, a 3.7% gap on every dollar of revenue. SYPRIS SOLUTIONS INC produced more free cash flow last quarter ($-1.5M 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.

Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.

MWG vs SYPR — Head-to-Head

Bigger by revenue
MWG
MWG
1.0× larger
MWG
$31.1M
$30.3M
SYPR
Higher net margin
MWG
MWG
3.7% more per $
MWG
-9.2%
-12.9%
SYPR
More free cash flow
SYPR
SYPR
$12.0M more FCF
SYPR
$-1.5M
$-13.5M
MWG

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
MWG
MWG
SYPR
SYPR
Revenue
$31.1M
$30.3M
Net Profit
$-2.9M
$-3.9M
Gross Margin
31.3%
4.6%
Operating Margin
-6.2%
-10.9%
Net Margin
-9.2%
-12.9%
Revenue YoY
-9.5%
Net Profit YoY
-2992.6%
EPS (diluted)
$-0.09
$-0.17

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
SYPR
SYPR
Q4 25
$30.3M
Q3 25
$28.7M
Q2 25
$31.4M
Q1 25
$29.5M
Q4 24
$31.1M
$33.4M
Q3 24
$35.7M
Q2 24
$35.5M
Q1 24
$35.6M
Net Profit
MWG
MWG
SYPR
SYPR
Q4 25
$-3.9M
Q3 25
$517.0K
Q2 25
$-2.1M
Q1 25
$-899.0K
Q4 24
$-2.9M
$135.0K
Q3 24
$390.0K
Q2 24
$16.0K
Q1 24
$-2.2M
Gross Margin
MWG
MWG
SYPR
SYPR
Q4 25
4.6%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
11.4%
Q4 24
31.3%
16.1%
Q3 24
16.8%
Q2 24
15.9%
Q1 24
8.1%
Operating Margin
MWG
MWG
SYPR
SYPR
Q4 25
-10.9%
Q3 25
-6.1%
Q2 25
-4.6%
Q1 25
-0.4%
Q4 24
-6.2%
3.9%
Q3 24
4.8%
Q2 24
3.6%
Q1 24
-3.9%
Net Margin
MWG
MWG
SYPR
SYPR
Q4 25
-12.9%
Q3 25
1.8%
Q2 25
-6.5%
Q1 25
-3.0%
Q4 24
-9.2%
0.4%
Q3 24
1.1%
Q2 24
0.0%
Q1 24
-6.2%
EPS (diluted)
MWG
MWG
SYPR
SYPR
Q4 25
$-0.17
Q3 25
$0.02
Q2 25
$-0.09
Q1 25
$-0.04
Q4 24
$-0.09
$0.00
Q3 24
$0.02
Q2 24
$0.00
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
MWG
MWG
SYPR
SYPR
Cash + ST InvestmentsLiquidity on hand
$3.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$20.1M
$17.8M
Total Assets
$69.6M
$107.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWG
MWG
SYPR
SYPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$3.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MWG
MWG
SYPR
SYPR
Q4 25
$17.8M
Q3 25
$20.0M
Q2 25
$18.7M
Q1 25
$19.0M
Q4 24
$20.1M
$19.6M
Q3 24
$18.2M
Q2 24
$19.0M
Q1 24
$20.8M
Total Assets
MWG
MWG
SYPR
SYPR
Q4 25
$107.8M
Q3 25
$112.5M
Q2 25
$105.8M
Q1 25
$110.2M
Q4 24
$69.6M
$119.4M
Q3 24
$121.6M
Q2 24
$124.2M
Q1 24
$129.0M

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
SYPR
SYPR
Operating Cash FlowLast quarter
$-12.9M
$-1.1M
Free Cash FlowOCF − Capex
$-13.5M
$-1.5M
FCF MarginFCF / Revenue
-43.5%
-5.0%
Capex IntensityCapex / Revenue
1.9%
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWG
MWG
SYPR
SYPR
Q4 25
$-1.1M
Q3 25
$-178.0K
Q2 25
$1.1M
Q1 25
$-5.5M
Q4 24
$-12.9M
$2.3M
Q3 24
$-4.8M
Q2 24
$6.2M
Q1 24
$-1.7M
Free Cash Flow
MWG
MWG
SYPR
SYPR
Q4 25
$-1.5M
Q3 25
$-390.0K
Q2 25
$941.0K
Q1 25
$-5.5M
Q4 24
$-13.5M
$1.9M
Q3 24
$-4.9M
Q2 24
$6.0M
Q1 24
$-2.0M
FCF Margin
MWG
MWG
SYPR
SYPR
Q4 25
-5.0%
Q3 25
-1.4%
Q2 25
3.0%
Q1 25
-18.8%
Q4 24
-43.5%
5.7%
Q3 24
-13.8%
Q2 24
16.8%
Q1 24
-5.7%
Capex Intensity
MWG
MWG
SYPR
SYPR
Q4 25
1.3%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
0.0%
Q4 24
1.9%
1.2%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.9%
Cash Conversion
MWG
MWG
SYPR
SYPR
Q4 25
Q3 25
-0.34×
Q2 25
Q1 25
Q4 24
17.13×
Q3 24
-12.21×
Q2 24
385.25×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MWG
MWG

Segment breakdown not available.

SYPR
SYPR

Sypris Electronics$17.7M59%
Transferred At Point In Time$12.5M41%

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