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Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and Americas Gold & Silver Corp (USAS). 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 $19.1M, roughly 1.6× Americas Gold & Silver Corp). Multi Ways Holdings Ltd runs the higher net margin — -9.2% vs -82.3%, a 73.1% gap on every dollar of revenue. Multi Ways Holdings Ltd produced more free cash flow last quarter ($-13.5M vs $-41.3M).
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.
Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.
MWG vs USAS — Head-to-Head
Income Statement — Q4 FY2024 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $31.1M | $19.1M |
| Net Profit | $-2.9M | $-15.7M |
| Gross Margin | 31.3% | 34.2% |
| Operating Margin | -6.2% | — |
| Net Margin | -9.2% | -82.3% |
| Revenue YoY | — | -28.0% |
| Net Profit YoY | — | 2.8% |
| EPS (diluted) | $-0.09 | — |
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.
| Q3 25 | — | $19.1M | ||
| Q4 24 | $31.1M | — | ||
| Q3 24 | — | $26.5M |
| Q3 25 | — | $-15.7M | ||
| Q4 24 | $-2.9M | — | ||
| Q3 24 | — | $-16.2M |
| Q3 25 | — | 34.2% | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | — | 23.6% |
| Q3 25 | — | — | ||
| Q4 24 | -6.2% | — | ||
| Q3 24 | — | — |
| Q3 25 | — | -82.3% | ||
| Q4 24 | -9.2% | — | ||
| Q3 24 | — | -60.9% |
| Q3 25 | — | — | ||
| Q4 24 | $-0.09 | — | ||
| Q3 24 | — | — |
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 | $39.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $20.1M | $50.2M |
| Total Assets | $69.6M | $234.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $39.1M | ||
| Q4 24 | $3.3M | — | ||
| Q3 24 | — | — |
| Q3 25 | — | $50.2M | ||
| Q4 24 | $20.1M | — | ||
| Q3 24 | — | $53.1M |
| Q3 25 | — | $234.7M | ||
| Q4 24 | $69.6M | — | ||
| Q3 24 | — | — |
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 | $-12.5M |
| Free Cash FlowOCF − Capex | $-13.5M | $-41.3M |
| FCF MarginFCF / Revenue | -43.5% | -216.5% |
| Capex IntensityCapex / Revenue | 1.9% | 150.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $-12.5M | ||
| Q4 24 | $-12.9M | — | ||
| Q3 24 | — | $2.4M |
| Q3 25 | — | $-41.3M | ||
| Q4 24 | $-13.5M | — | ||
| Q3 24 | — | $-11.2M |
| Q3 25 | — | -216.5% | ||
| Q4 24 | -43.5% | — | ||
| Q3 24 | — | -42.2% |
| Q3 25 | — | 150.8% | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | — | 51.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
