MKDWELL Tech Inc Financials
This page shows MKDWELL Tech Inc (MKDW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
MKDWELL Tech Inc has an operating margin of -141.3%, meaning the company retains $-141 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 down from -50.1% the prior year.
MKDWELL Tech Inc's revenue declined 45.5% year-over-year, from $3.7M to $2.0M. This contraction results in a growth score of 0/100.
MKDWELL Tech Inc's current ratio of 0.29 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 MKDWELL Tech Inc generated -$3.1M in operating cash flow, capex of $34K consumed most of it, leaving -$3.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
MKDWELL Tech Inc passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, MKDWELL Tech Inc generates $0.99 in operating cash flow (-$3.1M OCF vs -$3.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
MKDWELL Tech Inc earns $-7.1 in operating income for every $1 of interest expense (-$2.8M vs $398K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
MKDWELL Tech Inc generated $2.0M in revenue in fiscal year 2024. This represents a decrease of 45.5% from the prior year.
MKDWELL Tech Inc's EBITDA was -$2.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 58.6% from the prior year.
MKDWELL Tech Inc generated -$3.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 51.5% from the prior year.
MKDWELL Tech Inc reported -$3.2M in net income in fiscal year 2024. This represents a decrease of 52.7% from the prior year.
MKDWELL Tech Inc earned $-0.15 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 36.4% from the prior year.
MKDWELL Tech Inc held $543K in cash against $2.8M in long-term debt as of fiscal year 2024.
MKDWELL Tech Inc had 19M shares outstanding in fiscal year 2024. This represents an increase of 34.2% from the prior year.
MKDWELL Tech Inc's gross margin was 8.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 10.1 percentage points from the prior year.
MKDWELL Tech Inc's operating margin was -141.3% in fiscal year 2024, reflecting core business profitability. This is down 91.2 percentage points from the prior year.
MKDWELL Tech Inc's net profit margin was -157.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 101.6 percentage points from the prior year.
MKDWELL Tech Inc invested $706K in research and development in fiscal year 2024. This represents a decrease of 9.5% from the prior year.
MKDWELL Tech Inc invested $34K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 95.5% from the prior year.
MKDW Income Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
MKDW Balance Sheet
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Total Assets | $8.9M-3.0% | $9.2M |
| Current Assets | $3.1M+13.9% | $2.7M |
| Cash & Equivalents | $543K-41.3% | $924K |
| Inventory | $291K-19.8% | $363K |
| Accounts Receivable | N/A | N/A |
| Goodwill | N/A | N/A |
| Total Liabilities | $14.1M+59.2% | $8.8M |
| Current Liabilities | $10.9M+80.4% | $6.1M |
| Long-Term Debt | $2.8M+15.9% | $2.4M |
| Total Equity | -$4.2M-806.4% | $596K |
| Retained Earnings | -$13.7M-22.5% | -$11.2M |
MKDW Cash Flow Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
MKDW Financial Ratios
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 0.29-0.2 | 0.45 |
| Debt-to-Equity | -0.67-4.7 | 4.08 |
| FCF Margin | N/A | N/A |
Note: Shareholder equity is negative (-$4.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.29), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is MKDWELL Tech Inc's annual revenue?
MKDWELL Tech Inc (MKDW) reported $2.0M in total revenue for fiscal year 2024. This represents a -45.5% 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 MKDWELL Tech Inc's revenue growing?
MKDWELL Tech Inc (MKDW) revenue declined by 45.5% year-over-year, from $3.7M to $2.0M in fiscal year 2024.
Is MKDWELL Tech Inc profitable?
No, MKDWELL Tech Inc (MKDW) reported a net income of -$3.2M in fiscal year 2024, with a net profit margin of -157.9%.
What is MKDWELL Tech Inc's earnings per share (EPS)?
MKDWELL Tech Inc (MKDW) reported diluted earnings per share of $-0.15 for fiscal year 2024. This represents a -36.4% change compared to the previous fiscal year. 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 MKDWELL Tech Inc's EBITDA?
MKDWELL Tech Inc (MKDW) had EBITDA of -$2.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MKDWELL Tech Inc have?
As of fiscal year 2024, MKDWELL Tech Inc (MKDW) had $543K in cash and equivalents against $2.8M in long-term debt.
What is MKDWELL Tech Inc's gross margin?
MKDWELL Tech Inc (MKDW) had a gross margin of 8.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is MKDWELL Tech Inc's operating margin?
MKDWELL Tech Inc (MKDW) had an operating margin of -141.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is MKDWELL Tech Inc's net profit margin?
MKDWELL Tech Inc (MKDW) had a net profit margin of -157.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is MKDWELL Tech Inc's free cash flow?
MKDWELL Tech Inc (MKDW) generated -$3.1M in free cash flow during fiscal year 2024. This represents a -51.5% 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 MKDWELL Tech Inc's operating cash flow?
MKDWELL Tech Inc (MKDW) generated -$3.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are MKDWELL Tech Inc's total assets?
MKDWELL Tech Inc (MKDW) had $8.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are MKDWELL Tech Inc's capital expenditures?
MKDWELL Tech Inc (MKDW) invested $34K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does MKDWELL Tech Inc spend on research and development?
MKDWELL Tech Inc (MKDW) invested $706K in research and development during fiscal year 2024.
How many shares does MKDWELL Tech Inc have outstanding?
MKDWELL Tech Inc (MKDW) had 19M shares outstanding as of fiscal year 2024.
What is MKDWELL Tech Inc's current ratio?
MKDWELL Tech Inc (MKDW) had a current ratio of 0.29 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is MKDWELL Tech Inc's debt-to-equity ratio?
MKDWELL Tech Inc (MKDW) had a debt-to-equity ratio of -0.67 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MKDWELL Tech Inc's return on assets (ROA)?
MKDWELL Tech Inc (MKDW) had a return on assets of -35.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is MKDWELL Tech Inc's cash runway?
Based on fiscal year 2024 data, MKDWELL Tech Inc (MKDW) had $543K in cash against an annual operating cash burn of $3.1M. This gives an estimated cash runway of approximately 2 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.
Why is MKDWELL Tech Inc's debt-to-equity ratio negative or unusual?
MKDWELL Tech Inc (MKDW) has negative shareholder equity of -$4.2M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is MKDWELL Tech Inc's Piotroski F-Score?
MKDWELL Tech Inc (MKDW) has a Piotroski F-Score of 1 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 MKDWELL Tech Inc's earnings high quality?
MKDWELL Tech Inc (MKDW) has an earnings quality ratio of 0.99x, 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 MKDWELL Tech Inc cover its interest payments?
MKDWELL Tech Inc (MKDW) has an interest coverage ratio of -7.1x, 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 MKDWELL Tech Inc?
MKDWELL Tech Inc (MKDW) scores 0 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.