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Side-by-side financial comparison of Marwynn Holdings, Inc. (MWYN) and Seritage Growth Properties (SRG). Click either name above to swap in a different company.

Seritage Growth Properties is the larger business by last-quarter revenue ($4.2M vs $2.3M, roughly 1.8× Marwynn Holdings, Inc.). On growth, Seritage Growth Properties posted the faster year-over-year revenue change (-4.9% vs -13.3%).

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.

Seritage Growth Properties is a U.S.-headquartered publicly traded real estate investment trust. It owns, redevelops, and manages a diversified portfolio of retail, residential, and mixed-use commercial properties across key U.S. markets, leasing spaces to retail, dining, and service sector tenants.

MWYN vs SRG — Head-to-Head

Bigger by revenue
SRG
SRG
1.8× larger
SRG
$4.2M
$2.3M
MWYN
Growing faster (revenue YoY)
SRG
SRG
+8.4% gap
SRG
-4.9%
-13.3%
MWYN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MWYN
MWYN
SRG
SRG
Revenue
$2.3M
$4.2M
Net Profit
$-2.7M
Gross Margin
42.4%
Operating Margin
-115.8%
Net Margin
-116.0%
Revenue YoY
-13.3%
-4.9%
Net Profit YoY
-11713.9%
55.2%
EPS (diluted)
$-0.16

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
SRG
SRG
Q4 25
$4.2M
Q3 25
$2.3M
$4.8M
Q2 25
$4.7M
Q1 25
$623.7K
$4.6M
Q4 24
$4.4M
Q3 24
$3.3M
Q2 24
$4.2M
Q1 24
$5.8M
Net Profit
MWYN
MWYN
SRG
SRG
Q4 25
Q3 25
$-2.7M
$-12.4M
Q2 25
$-28.5M
Q1 25
$23.4K
$-22.2M
Q4 24
Q3 24
$-22.0M
Q2 24
$-101.2M
Q1 24
$-19.0M
Gross Margin
MWYN
MWYN
SRG
SRG
Q4 25
Q3 25
42.4%
Q2 25
Q1 25
39.2%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MWYN
MWYN
SRG
SRG
Q4 25
Q3 25
-115.8%
-258.0%
Q2 25
-610.2%
Q1 25
13.5%
-486.9%
Q4 24
Q3 24
-673.2%
Q2 24
-2366.1%
Q1 24
-328.7%
Net Margin
MWYN
MWYN
SRG
SRG
Q4 25
Q3 25
-116.0%
-259.6%
Q2 25
-612.6%
Q1 25
3.8%
-482.8%
Q4 24
Q3 24
-675.9%
Q2 24
-2401.0%
Q1 24
-328.9%
EPS (diluted)
MWYN
MWYN
SRG
SRG
Q4 25
Q3 25
$-0.16
$-0.24
Q2 25
$-0.53
Q1 25
$0.00
$-0.42
Q4 24
Q3 24
$-0.41
Q2 24
$-1.82
Q1 24
$-0.36

Balance Sheet & Financial Strength

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

Metric
MWYN
MWYN
SRG
SRG
Cash + ST InvestmentsLiquidity on hand
$48.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3M
$331.4M
Total Assets
$11.6M
$393.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWYN
MWYN
SRG
SRG
Q4 25
$48.1M
Q3 25
$51.5M
Q2 25
$71.8M
Q1 25
$480
$94.3M
Q4 24
$85.2M
Q3 24
$85.6M
Q2 24
$86.7M
Q1 24
$114.9M
Stockholders' Equity
MWYN
MWYN
SRG
SRG
Q4 25
$331.4M
Q3 25
$2.3M
$337.7M
Q2 25
$351.4M
Q1 25
$2.4M
$381.1M
Q4 24
$404.5M
Q3 24
$417.5M
Q2 24
$440.4M
Q1 24
$542.4M
Total Assets
MWYN
MWYN
SRG
SRG
Q4 25
$393.8M
Q3 25
$11.6M
$558.6M
Q2 25
$575.7M
Q1 25
$12.6M
$649.7M
Q4 24
$677.8M
Q3 24
$735.0M
Q2 24
$758.3M
Q1 24
$914.6M

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
SRG
SRG
Operating Cash FlowLast quarter
$-95.1K
$-34.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWYN
MWYN
SRG
SRG
Q4 25
$-34.9M
Q3 25
$-95.1K
$-12.5M
Q2 25
$-12.0M
Q1 25
$-9.2M
Q4 24
$-53.5M
Q3 24
$-15.5M
Q2 24
$-7.5M
Q1 24
$-16.6M

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%

SRG
SRG

Segment breakdown not available.

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