Mdwerks Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Mdwerks Inc has an operating margin of -63.6%, meaning the company retains $-64 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -434.9% the prior year.
Mdwerks Inc's revenue surged 2171.7% year-over-year to $2.4M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Mdwerks Inc has a moderate D/E ratio of 1.32. This balance of debt and equity financing earns a leverage score of 62/100.
Mdwerks Inc's current ratio of 0.23 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While Mdwerks Inc generated -$782K in operating cash flow, capex of $7K consumed most of it, leaving -$789K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Mdwerks Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Mdwerks Inc generates $0.48 in operating cash flow (-$782K OCF vs -$1.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Mdwerks Inc earns $-64.2 in operating income for every $1 of interest expense (-$1.5M vs $23K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Mdwerks Inc (MDWK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Key Financial Metrics
Mdwerks Inc generated $2.4M in revenue in fiscal year 2024. This represents an increase of 2171.7% from the prior year.
Mdwerks Inc's EBITDA was -$1.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 177.3% from the prior year.
Mdwerks Inc generated -$789K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 29.8% from the prior year.
Mdwerks Inc reported -$1.6M in net income in fiscal year 2024. This represents a decrease of 455.8% from the prior year.
Mdwerks Inc held $11K in cash against $489K in long-term debt as of fiscal year 2024.
Mdwerks Inc had 205M shares outstanding in fiscal year 2024. This represents an increase of 3.0% from the prior year.
Mdwerks Inc's gross margin was 37.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 15.4 percentage points from the prior year.
Mdwerks Inc's operating margin was -63.6% in fiscal year 2024, reflecting core business profitability. This is up 371.4 percentage points from the prior year.
Mdwerks Inc's net profit margin was -68.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 211.7 percentage points from the prior year.
Mdwerks Inc invested $7K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 92.1% from the prior year.
MDWK Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $780K+85.5% | $421K-18.2% | $514K+47.3% | $349K+28.3% | $272K-60.3% | $685K | N/A | N/A |
| Cost of Revenue | $662K-5.7% | $702K+84.0% | $381K-11.5% | $431K+25.5% | $343K-11.9% | $390K | N/A | N/A |
| Gross Profit | $118K+142.0% | -$281K-312.2% | $133K+261.3% | -$82K-14.9% | -$72K-124.3% | $295K | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $926K+57.2% | $589K+0.9% | $584K+86.0% | $314K-41.7% | $539K+6.5% | $506K | N/A | $128K |
| Operating Income | -$992K+25.1% | -$1.3M-114.4% | -$618K+6.2% | -$659K+6.1% | -$702K-129.9% | -$305K | N/A | -$129K |
| Interest Expense | $26K+111.5% | $12K+5.2% | $12K+95.6% | $6K-11.0% | $7K+137.8% | $3K | N/A | $4K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.0M+23.8% | -$1.3M-112.4% | -$629K+11.6% | -$712K+6.9% | -$764K-152.7% | -$302K | N/A | $35K |
| EPS (Diluted) | $-0.010.0% | $-0.01 | $0.00+100.0% | $-0.01 | $0.00 | $0.00 | N/A | $0.00 |
MDWK Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.4M-0.8% | $4.4M-11.5% | $5.0M+70.6% | $2.9M0.0% | $2.9M0.0% | $2.9M-9.8% | $3.2M+675.7% | $417K |
| Current Assets | $1.4M+4.7% | $1.4M-30.5% | $2.0M+424.4% | $374K+0.7% | $372K-43.9% | $662K+20.5% | $549K+127.8% | $241K |
| Cash & Equivalents | $181K+1259.9% | $13K-97.8% | $593K+5215.7% | $11K-76.6% | $48K-70.7% | $163K+41.5% | $115K-30.7% | $166K |
| Inventory | $1.0M-12.6% | $1.2M+6.1% | $1.1M+366.3% | $237K+55.7% | $152K-5.2% | $160K-20.3% | $201K | N/A |
| Accounts Receivable | $118K+82.6% | $65K-32.0% | $95K-12.9% | $109K+99.9% | $55K-73.5% | $206K+92.9% | $107K | N/A |
| Goodwill | $467K0.0% | $467K0.0% | $467K0.0% | $467K0.0% | $467K0.0% | $467K0.0% | $467K | N/A |
| Total Liabilities | $3.2M-5.8% | $3.4M+24.2% | $2.7M+7.4% | $2.5M-2.8% | $2.6M+58.4% | $1.7M-20.2% | $2.1M+886.4% | $210K |
| Current Liabilities | $2.4M-4.8% | $2.5M+41.9% | $1.7M+7.5% | $1.6M+4.2% | $1.6M+34.5% | $1.2M+8.2% | $1.1M | N/A |
| Long-Term Debt | $463K-16.1% | $552K-19.3% | $684K+39.8% | $489K-12.5% | $559K-1.8% | $569K+200.7% | $189K | N/A |
| Total Equity | $1.2M+16.1% | $1.0M-55.0% | $2.2M+504.3% | $371K-25.6% | $499K-60.5% | $1.3M+8.8% | $1.2M+461.5% | $207K |
| Retained Earnings | -$5.3M-23.5% | -$4.3M-44.7% | -$3.0M-26.7% | -$2.4M-30.7% | -$1.8M-73.3% | -$1.0M-40.9% | -$739K-41.3% | -$523K |
MDWK Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$363K+11.4% | -$410K+2.7% | -$421K-253.2% | -$119K+32.8% | -$177K+36.9% | -$281K-11.1% | -$253K-96.5% | -$129K |
| Capital Expenditures | $71K-31.5% | $103K-82.9% | $604K | $0 | $0-100.0% | $9K | $0 | $0 |
| Free Cash Flow | -$434K+15.5% | -$513K+50.0% | -$1.0M-759.9% | -$119K+32.8% | -$177K+38.8% | -$290K-14.5% | -$253K-96.5% | -$129K |
| Investing Cash Flow | -$71K+31.5% | -$103K+82.9% | -$604K | $0 | $0+100.0% | -$9K-107.3% | $122K+386.2% | $25K |
| Financing Cash Flow | $602K+998.8% | -$67K-104.2% | $1.6M+2265.7% | $68K+9.3% | $62K-81.6% | $338K+319.3% | $80K-69.6% | $265K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MDWK Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.2%+82.0pp | -66.9%-92.7pp | 25.8%+49.3pp | -23.5%+2.8pp | -26.3%-69.4pp | 43.1% | N/A | N/A |
| Operating Margin | -127.2%+187.7pp | -314.9%-194.7pp | -120.2%+68.7pp | -188.9%+69.1pp | -258.0%-213.5pp | -44.6% | N/A | N/A |
| Net Margin | -130.6%+187.3pp | -317.9%-195.4pp | -122.5%+81.5pp | -204.0%+77.0pp | -281.0%-236.9pp | -44.2% | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | 17.3% | N/A | N/A | N/A | 17.2% |
| Return on Assets | -23.3%+7.0pp | -30.4%-17.7pp | -12.7%+11.8pp | -24.4%+1.8pp | -26.2%-15.8pp | -10.4% | N/A | 8.5% |
| Current Ratio | 0.61+0.1 | 0.55-0.6 | 1.13+0.9 | 0.230.0 | 0.24-0.3 | 0.57+0.1 | 0.51 | N/A |
| Debt-to-Equity | 0.39-0.2 | 0.55+0.2 | 0.30-1.0 | 1.32+0.2 | 1.12+0.7 | 0.45+0.3 | 0.16-0.9 | 1.02 |
| FCF Margin | -55.6%+66.4pp | -122.0%+77.6pp | -199.6%-165.4pp | -34.2%+31.1pp | -65.3%-22.9pp | -42.3% | N/A | N/A |
Note: The current ratio is below 1.0 (0.23), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Mdwerks Inc's annual revenue?
Mdwerks Inc (MDWK) reported $2.4M in total revenue for fiscal year 2024. This represents a 2171.7% 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 Mdwerks Inc's revenue growing?
Mdwerks Inc (MDWK) revenue grew by 2171.7% year-over-year, from $104K to $2.4M in fiscal year 2024.
Is Mdwerks Inc profitable?
No, Mdwerks Inc (MDWK) reported a net income of -$1.6M in fiscal year 2024, with a net profit margin of -68.6%.
What is Mdwerks Inc's earnings per share (EPS)?
Mdwerks Inc (MDWK) reported diluted earnings per share of $-0.01 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Mdwerks Inc's EBITDA?
Mdwerks Inc (MDWK) had EBITDA of -$1.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Mdwerks Inc have?
As of fiscal year 2024, Mdwerks Inc (MDWK) had $11K in cash and equivalents against $489K in long-term debt.
What is Mdwerks Inc's gross margin?
Mdwerks Inc (MDWK) had a gross margin of 37.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Mdwerks Inc's operating margin?
Mdwerks Inc (MDWK) had an operating margin of -63.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Mdwerks Inc's net profit margin?
Mdwerks Inc (MDWK) had a net profit margin of -68.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Mdwerks Inc's free cash flow?
Mdwerks Inc (MDWK) generated -$789K in free cash flow during fiscal year 2024. This represents a -29.8% 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 Mdwerks Inc's operating cash flow?
Mdwerks Inc (MDWK) generated -$782K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Mdwerks Inc's total assets?
Mdwerks Inc (MDWK) had $2.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Mdwerks Inc's capital expenditures?
Mdwerks Inc (MDWK) invested $7K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Mdwerks Inc have outstanding?
Mdwerks Inc (MDWK) had 205M shares outstanding as of fiscal year 2024.
What is Mdwerks Inc's current ratio?
Mdwerks Inc (MDWK) had a current ratio of 0.23 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Mdwerks Inc's debt-to-equity ratio?
Mdwerks Inc (MDWK) had a debt-to-equity ratio of 1.32 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mdwerks Inc's return on assets (ROA)?
Mdwerks Inc (MDWK) had a return on assets of -55.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Mdwerks Inc's cash runway?
Based on fiscal year 2024 data, Mdwerks Inc (MDWK) had $11K in cash against an annual operating cash burn of $782K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Mdwerks Inc's Piotroski F-Score?
Mdwerks Inc (MDWK) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mdwerks Inc's earnings high quality?
Mdwerks Inc (MDWK) has an earnings quality ratio of 0.48x, considered low quality (accrual-driven). 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.
Can Mdwerks Inc cover its interest payments?
Mdwerks Inc (MDWK) has an interest coverage ratio of -64.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mdwerks Inc?
Mdwerks Inc (MDWK) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.