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Side-by-side financial comparison of Marwynn Holdings, Inc. (MWYN) and Solid Power, Inc. (SLDP). Click either name above to swap in a different company.

Solid Power, Inc. is the larger business by last-quarter revenue ($3.6M vs $2.3M, roughly 1.5× Marwynn Holdings, Inc.). On growth, Marwynn Holdings, Inc. posted the faster year-over-year revenue change (-13.3% vs -18.6%).

Marwynn Holdings, Inc. is a Canada-based investment holding company focused on acquiring, managing, and scaling middle-market businesses primarily across North America. Its core operating segments cover industrial products, consumer goods, and technology-enabled services, targeting sustainable long-term value creation for its stakeholders.

Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.

MWYN vs SLDP — Head-to-Head

Bigger by revenue
SLDP
SLDP
1.5× larger
SLDP
$3.6M
$2.3M
MWYN
Growing faster (revenue YoY)
MWYN
MWYN
+5.2% gap
MWYN
-13.3%
-18.6%
SLDP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MWYN
MWYN
SLDP
SLDP
Revenue
$2.3M
$3.6M
Net Profit
$-2.7M
Gross Margin
42.4%
Operating Margin
-115.8%
-730.1%
Net Margin
-116.0%
Revenue YoY
-13.3%
-18.6%
Net Profit YoY
-11713.9%
EPS (diluted)
$-0.16
$-0.15

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
MWYN
MWYN
SLDP
SLDP
Q4 25
$3.6M
Q3 25
$2.3M
$3.7M
Q2 25
$6.5M
Q1 25
$623.7K
$6.0M
Q4 24
$4.5M
Q3 24
$4.7M
Q2 24
$5.1M
Q1 24
$6.0M
Net Profit
MWYN
MWYN
SLDP
SLDP
Q4 25
Q3 25
$-2.7M
$-25.9M
Q2 25
$-25.3M
Q1 25
$23.4K
$-15.2M
Q4 24
Q3 24
$-22.4M
Q2 24
$-22.3M
Q1 24
$-21.2M
Gross Margin
MWYN
MWYN
SLDP
SLDP
Q4 25
Q3 25
42.4%
Q2 25
Q1 25
39.2%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MWYN
MWYN
SLDP
SLDP
Q4 25
-730.1%
Q3 25
-115.8%
-654.4%
Q2 25
-398.9%
Q1 25
13.5%
-399.4%
Q4 24
-561.1%
Q3 24
-593.2%
Q2 24
-530.8%
Q1 24
-433.1%
Net Margin
MWYN
MWYN
SLDP
SLDP
Q4 25
Q3 25
-116.0%
-693.1%
Q2 25
-390.7%
Q1 25
3.8%
-251.8%
Q4 24
Q3 24
-482.0%
Q2 24
-438.9%
Q1 24
-356.2%
EPS (diluted)
MWYN
MWYN
SLDP
SLDP
Q4 25
$-0.15
Q3 25
$-0.16
$-0.14
Q2 25
$-0.14
Q1 25
$0.00
$-0.08
Q4 24
$-0.16
Q3 24
$-0.13
Q2 24
$-0.13
Q1 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
MWYN
MWYN
SLDP
SLDP
Cash + ST InvestmentsLiquidity on hand
$250.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3M
$415.7M
Total Assets
$11.6M
$455.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWYN
MWYN
SLDP
SLDP
Q4 25
$250.8M
Q3 25
$251.2M
Q2 25
$230.9M
Q1 25
$480
$240.9M
Q4 24
$118.2M
Q3 24
$132.0M
Q2 24
$140.5M
Q1 24
$146.6M
Stockholders' Equity
MWYN
MWYN
SLDP
SLDP
Q4 25
$415.7M
Q3 25
$2.3M
$381.2M
Q2 25
$370.6M
Q1 25
$2.4M
$397.1M
Q4 24
$410.3M
Q3 24
$439.4M
Q2 24
$456.8M
Q1 24
$479.4M
Total Assets
MWYN
MWYN
SLDP
SLDP
Q4 25
$455.1M
Q3 25
$11.6M
$416.1M
Q2 25
$398.0M
Q1 25
$12.6M
$419.4M
Q4 24
$448.3M
Q3 24
$470.9M
Q2 24
$492.6M
Q1 24
$516.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MWYN
MWYN
SLDP
SLDP
Operating Cash FlowLast quarter
$-95.1K
$-18.4M
Free Cash FlowOCF − Capex
$-23.0M
FCF MarginFCF / Revenue
-633.0%
Capex IntensityCapex / Revenue
126.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-83.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWYN
MWYN
SLDP
SLDP
Q4 25
$-18.4M
Q3 25
$-95.1K
$-14.3M
Q2 25
$-14.4M
Q1 25
$-26.3M
Q4 24
$-13.9M
Q3 24
$-9.9M
Q2 24
$-11.1M
Q1 24
$-29.1M
Free Cash Flow
MWYN
MWYN
SLDP
SLDP
Q4 25
$-23.0M
Q3 25
$-14.8M
Q2 25
$-17.1M
Q1 25
$-28.6M
Q4 24
$-18.6M
Q3 24
$-12.6M
Q2 24
$-15.5M
Q1 24
$-33.1M
FCF Margin
MWYN
MWYN
SLDP
SLDP
Q4 25
-633.0%
Q3 25
-397.6%
Q2 25
-264.2%
Q1 25
-476.1%
Q4 24
-416.5%
Q3 24
-271.5%
Q2 24
-305.8%
Q1 24
-556.3%
Capex Intensity
MWYN
MWYN
SLDP
SLDP
Q4 25
126.5%
Q3 25
15.3%
Q2 25
41.5%
Q1 25
39.1%
Q4 24
105.5%
Q3 24
59.7%
Q2 24
86.8%
Q1 24
68.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MWYN
MWYN

Other$1.3M57%
Revenue From Recyclable Ewaste Materials Sales$1.0M43%

SLDP
SLDP

Segment breakdown not available.

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