Jowell Global Ltd. (JWEL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JWEL SEC filings page.
Jowell Global Ltd. (JWEL) reported $165.0M in revenue for fiscal year 2025, up 24.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue recovered in FY2025, but the business still consumed cash and relied on financing while shrinking its asset base.
Cash conversion weakened: working capital released cash as inventory and receivables both declined, yet operating cash flow moved from$790K in FY2024 to-$1.5M in FY2025. That reversal, alongside a$2.0M financing inflow, indicates the improved loss profile did not fund operations internally.
Margin improvement was real but incomplete: revenue returned to
The balance sheet is becoming less liquid: total assets contracted by
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Jowell Global Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Jowell Global Ltd. held $5.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $1.5M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Jowell Global Ltd. scores 65/100 among other emerging companies.
Jowell Global Ltd. had 2M shares outstanding at the end of fiscal year 2025, against 2M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Jowell Global Ltd. scores 58/100 among other emerging companies.
Not available for Jowell Global Ltd., and counted as zero in the overall score.
Jowell Global Ltd. reported revenue of $165.0M in fiscal year 2025, against $133.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Jowell Global Ltd. scores 45/100 among other emerging companies.
Jowell Global Ltd.'s operations used $1.5M of cash in fiscal year 2025, against $790K generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Jowell Global Ltd. scores 84/100 among other emerging companies.
Jowell Global Ltd.'s cash, cash equivalents and investments came to $5.6M at the end of fiscal year 2025, against $10.4M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Jowell Global Ltd. scores 44/100 among other emerging companies.
Jowell Global Ltd. scores 4.85, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Jowell Global Ltd. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Jowell Global Ltd. reported a net loss of $6.3M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Jowell Global Ltd. held $2.7M in cash against $6K in long-term debt as of Q4 2025, with $9.6M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
JWEL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
JWEL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $21.9M-15.3% | $25.8M-26.8% | $35.3M-50.4% | $71.2M+21.2% | $58.7M+73.4% | $33.9M+200.8% | $11.3M |
| Current Assets | $16.0M-9.2% | $17.6M-33.9% | $26.7M-55.5% | $59.9M+29.4% | $46.3M+54.3% | $30.0M+168.2% | $11.2M |
| Cash & Equivalents | $2.7M+25.4% | $2.2M+74.8% | $1.3M-90.8% | $13.5M-36.3% | $21.2M+16.5% | $18.2M+158392.4% | $12K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $5.9M-28.7% | $8.3M+1.7% | $8.2M-38.3% | $13.3M+7.8% | $12.3M+66.5% | $7.4M+197.4% | $2.5M |
| Accounts Receivable | $78K-96.2% | $2.0M-14.9% | $2.4M-61.3% | $6.2M+25.0% | $5.0M+1520.6% | $306K | N/A |
| Long-Term Investments | $2.8M-24.4% | $3.7M-4.2% | $3.9M-12.7% | $4.5M | $0 | $0 | $0 |
| Total Liabilities | $10.4M+16.8% | $8.9M-11.4% | $10.1M-70.1% | $33.7M+77.1% | $19.0M+26.0% | $15.1M+119.6% | $6.9M |
| Current Liabilities | $9.6M+28.9% | $7.4M-18.1% | $9.1M-71.4% | $31.6M+110.2% | $15.1M+23.8% | $12.2M+76.5% | $6.9M |
| Non-Current Liabilities | $881K-42.0% | $1.5M+47.3% | $1.0M-50.8% | $2.1M-47.4% | $4.0M+34.6% | $3.0M | $0 |
| Long-Term Debt | $6K0.0% | $6K | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $11.5M-32.3% | $16.9M-32.9% | $25.2M-32.7% | $37.4M-5.7% | $39.7M+111.7% | $18.7M+328.5% | $4.4M |
| Retained Earnings | -$40.3M-18.5% | -$34.0M-30.6% | -$26.0M-78.7% | -$14.6M-380.0% | -$3.0M-190.5% | $3.4M+4977.0% | $66K |
Not reported in any period shown, so not listed: Goodwill.
JWEL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
JWEL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Jowell Global Ltd. JWEL | FY2025 | $165.0M | -$6.3M | -3.8% | $5.0M | 49/100 |
| Jeffs' Brands Ltd JFBR | FY2025 | $16.8M | -$3.7M | -21.9% | $2.0M | 35/100 |
| WEBUY GLOBAL LTD. WBUY | FY2025 | $18.8M | -$8.5M | -45.3% | $4.4M | 41/100 |
| Yunji Inc. YJ | FY2025 | $45.3M | -$19.1M | -42.0% | $7.5M | 40/100 |
| Meiwu Technology Company Limited WNW | FY2025 | $7.1M | -$18.6M | N/A | $54.8M | 60/100 |
| iPower, Inc. IPW | FY2026 | $20.0M | -$11.6M | -58.2% | $1.1M | 29/100 |
Where Jowell Global Ltd. Ranks
Frequently Asked Questions
What is Jowell Global Ltd.'s annual revenue?
Jowell Global Ltd. (JWEL) reported $165.0M in total revenue for fiscal year 2025. This represents a 24.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Jowell Global Ltd.'s revenue growing?
Jowell Global Ltd. (JWEL) revenue grew by 24.1% year-over-year, from $133.0M to $165.0M in fiscal year 2025.
Is Jowell Global Ltd. profitable?
No, Jowell Global Ltd. (JWEL) reported a net income of -$6.3M in fiscal year 2025, with a net profit margin of -3.8%.
What is Jowell Global Ltd.'s EBITDA?
Jowell Global Ltd. (JWEL) had EBITDA of -$4.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Jowell Global Ltd. have?
As of fiscal year 2025, Jowell Global Ltd. (JWEL) had $2.7M in cash and equivalents against $6K in long-term debt.
What is Jowell Global Ltd.'s operating margin?
Jowell Global Ltd. (JWEL) had an operating margin of -3.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Jowell Global Ltd.'s net profit margin?
Jowell Global Ltd. (JWEL) had a net profit margin of -3.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Jowell Global Ltd.'s return on equity (ROE)?
Jowell Global Ltd. (JWEL) has a return on equity of -54.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Jowell Global Ltd.'s free cash flow?
Jowell Global Ltd. (JWEL) recorded an outflow of $1.5M in free cash flow during fiscal year 2025. This represents a -329.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Jowell Global Ltd.'s operating cash flow?
Jowell Global Ltd. (JWEL) recorded an outflow of $1.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Jowell Global Ltd.'s total assets?
Jowell Global Ltd. (JWEL) had $21.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Jowell Global Ltd.'s capital expenditures?
Jowell Global Ltd. (JWEL) invested $12K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Jowell Global Ltd.'s current ratio?
Jowell Global Ltd. (JWEL) had a current ratio of 1.68 as of fiscal year 2025, which is generally considered healthy.
What is Jowell Global Ltd.'s debt-to-equity ratio?
Jowell Global Ltd. (JWEL) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Jowell Global Ltd.'s return on assets (ROA)?
Jowell Global Ltd. (JWEL) had a return on assets of -28.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Jowell Global Ltd.'s P/E ratio?
Jowell Global Ltd. (JWEL) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $5.0M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Jowell Global Ltd.'s price-to-sales ratio?
Jowell Global Ltd. (JWEL) trades at 0.0x sales, its market capitalization divided by revenue of $165.0M revenue, FY2025. The market capitalization is $5.0M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Jowell Global Ltd.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Jowell Global Ltd. (JWEL) held $5.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.5M over that year. Dividing the one by the other, the reported balance equals about 44 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Jowell Global Ltd.'s Altman Z-Score?
Jowell Global Ltd. (JWEL) has an Altman Z-Score of 4.85, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Jowell Global Ltd.'s Piotroski F-Score?
Jowell Global Ltd. (JWEL) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Jowell Global Ltd.'s earnings high quality?
Jowell Global Ltd. (JWEL) reported a net loss of $6.3M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Jowell Global Ltd.?
Jowell Global Ltd. (JWEL) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.