MKDWELL Tech Inc. Warrants (MKDWW) Financials
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 MKDWW SEC filings page.
MKDWELL Tech Inc. Warrants (MKDWW) reported $3.0M in revenue for fiscal year 2025, up 51.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Sales recovered, but thin gross margins and persistent losses leave external financing central to how this business operates.
Equity moved from-$4.2M in FY2024 to$5.8M in FY2025. That repair coincided with$10.7M of financing inflow while operating cash flow remained-$1.2M , pointing to external funding rather than operations as the balance-sheet driver.
Revenue recovered from
Gross profit of
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 MKDWELL Tech Inc. Warrants'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.
MKDWELL Tech Inc. Warrants held $24K in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $1.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and MKDWELL Tech Inc. Warrants scores 2/100 among other emerging companies.
MKDWELL Tech Inc. Warrants had 141M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and MKDWELL Tech Inc. Warrants scores 6/100 among other emerging companies.
MKDWELL Tech Inc. Warrants spent $999K on research and development in fiscal year 2025, which was 17.5% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and MKDWELL Tech Inc. Warrants scores 48/100 among other emerging companies.
MKDWELL Tech Inc. Warrants reported revenue of $3.0M in fiscal year 2025, against $2.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and MKDWELL Tech Inc. Warrants scores 33/100 among other emerging companies.
MKDWELL Tech Inc. Warrants's operations used $1.2M of cash in fiscal year 2025, against $3.1M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and MKDWELL Tech Inc. Warrants scores 52/100 among other emerging companies.
MKDWELL Tech Inc. Warrants's cash, cash equivalents and investments came to $24K at the end of fiscal year 2025, against $13.5M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and MKDWELL Tech Inc. Warrants scores 1/100 among other emerging companies.
MKDWELL Tech Inc. Warrants passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
MKDWELL Tech Inc. Warrants reported a net loss of $3.2M while operations used $1.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
MKDWELL Tech Inc. Warrants reported an operating loss of $2.7M against $549K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
MKDWELL Tech Inc. Warrants generated $3.0M in revenue in fiscal year 2025. This represents an increase of 51.6% from the prior year.
MKDWELL Tech Inc. Warrants's EBITDA was -$2.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
MKDWELL Tech Inc. Warrants reported a net loss of $3.2M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
MKDWELL Tech Inc. Warrants earned -$0.66 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
MKDWELL Tech Inc. Warrants recorded an outflow of $1.7M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
MKDWELL Tech Inc. Warrants held $24K in cash against $2.9M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
MKDWELL Tech Inc. Warrants's gross margin was 6.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.1 percentage points from the prior year.
MKDWELL Tech Inc. Warrants's operating margin was -88.0% in fiscal year 2025, reflecting core business profitability. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
MKDWELL Tech Inc. Warrants's ROE was -54.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
MKDWELL Tech Inc. Warrants invested $999K in research and development in fiscal year 2025. This represents an increase of 41.5% from the prior year.
MKDWELL Tech Inc. Warrants invested $528K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 1456.2% from the prior year.
Not reported for fiscal year 2025.
MKDWW 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.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Revenue | $3.0M+51.6% | $2.0M-45.5% | $3.7M+16.4% | $3.2M |
| Cost of Revenue | $2.8M+55.0% | $1.8M-38.8% | $3.0M+40.4% | $2.1M |
| Gross Profit | $188K+13.7% | $166K-75.4% | $674K-33.9% | $1.0M |
| R&D Expenses | $999K+41.5% | $706K-9.5% | $780K+8.2% | $721K |
| SG&A Expenses | $1.6M-22.4% | $2.1M+37.5% | $1.5M+55.6% | $959K |
| Operating Income | -$2.7Mn/m | -$2.8Mn/m | -$1.8Mn/m | -$900K |
| EBITDA | -$2.1Mn/m | -$2.4Mn/m | -$1.5Mn/m | -$601K |
| Interest Expense | $549K+37.8% | $398K+62.8% | $244K-37.3% | $390K |
| Net Income | -$3.2Mn/m | -$3.2Mn/m | -$2.1Mn/m | -$1.2M |
| EPS (Basic) | -$0.66 | -$4.50n/m | -$3.33 | -$0.09 |
| EPS (Diluted) | -$0.66 | -$4.50n/m | -$3.33 | -$0.09 |
| Diluted Shares (Avg) | 4M | 559,611+17.2% | 477,646 | 15M |
Not reported in any period shown, so not listed: Income Tax.
MKDWW 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 | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Total Assets | $18.4M+106.8% | $8.9M-3.0% | $9.2M | N/A |
| Current Assets | $12.6M+305.3% | $3.1M+13.9% | $2.7M | N/A |
| Cash & Equivalents | $24K-95.6% | $543K-41.3% | $924K+121.7% | $417K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | $251K-13.8% | $291K-19.8% | $363K | N/A |
| Accounts Receivable | $821K+28.1% | $641K | N/A | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $13.5M-4.0% | $14.1M+59.2% | $8.8M | N/A |
| Current Liabilities | $10.3M-6.1% | $10.9M+80.4% | $6.1M | N/A |
| Non-Current Liabilities | $3.2M+3.6% | $3.1M+12.8% | $2.8M | N/A |
| Long-Term Debt | $2.9M+4.4% | $2.8M+15.9% | $2.4M | N/A |
| Total Equity | $5.8Mn/m | -$4.2M-806.4% | $596K-61.2% | $1.5M |
| Retained Earnings | -$16.3Mn/m | -$13.7Mn/m | -$11.2M | N/A |
Not reported in any period shown, so not listed: Goodwill.
MKDWW 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.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Operating Cash Flow | -$1.2Mn/m | -$3.1Mn/m | -$1.3Mn/m | -$130K |
| Depreciation & Amortization | $520K+13.2% | $459K+31.7% | $348K+16.3% | $300K |
| Stock-Based Compensation | $82K | N/A | N/A | N/A |
| Capital Expenditures | $528K+1456.2% | $34K-95.5% | $753K+73.7% | $434K |
| Free Cash Flow | -$1.7Mn/m | -$3.1Mn/m | -$2.1Mn/m | -$563K |
| Investing Cash Flow | -$10.4Mn/m | -$835Kn/m | -$1.3Mn/m | -$428K |
| Financing Cash Flow | $10.7M+199.6% | $3.6M+14.2% | $3.1M+417.7% | $606K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
MKDWW 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.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Gross Margin | 6.2%-2.1pp | 8.3%-10.1pp | 18.4%-14.0pp | 32.3% |
| Operating Margin | -88.0% | -141.3% | -50.1%-21.6pp | -28.5% |
| Net Margin | -104.0% | -157.9% | -56.3%-17.8pp | -38.6% |
| Return on Equity | -54.5% | N/A | -347.1%-267.8pp | -79.3% |
| Return on Assets | -17.1%+18.4pp | -35.5%-12.9pp | -22.6% | N/A |
| Current Ratio | 1.23+0.9x | 0.29-0.2x | 0.45 | N/A |
| Debt-to-Equity | 0.51 | N/A | 4.08 | N/A |
| Liabilities-to-Equity | 2.34 | N/A | 14.83 | N/A |
| Asset Turnover | 0.16-0.1x | 0.22-0.2x | 0.40 | N/A |
| FCF Margin | -56.8% | -157.4% | -56.6%-38.7pp | -17.9% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where MKDWELL Tech Inc. Warrants Ranks
Frequently Asked Questions
What is MKDWELL Tech Inc. Warrants's annual revenue?
MKDWELL Tech Inc. Warrants (MKDWW) reported $3.0M in total revenue for fiscal year 2025. This represents a 51.6% 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. Warrants's revenue growing?
MKDWELL Tech Inc. Warrants (MKDWW) revenue grew by 51.6% year-over-year, from $2.0M to $3.0M in fiscal year 2025.
Is MKDWELL Tech Inc. Warrants profitable?
No, MKDWELL Tech Inc. Warrants (MKDWW) reported a net loss of $3.2M in fiscal year 2025.
What is MKDWELL Tech Inc. Warrants's EBITDA?
MKDWELL Tech Inc. Warrants (MKDWW) had EBITDA of -$2.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MKDWELL Tech Inc. Warrants have?
As of fiscal year 2025, MKDWELL Tech Inc. Warrants (MKDWW) had $24K in cash and equivalents against $2.9M in long-term debt.
What is MKDWELL Tech Inc. Warrants's gross margin?
MKDWELL Tech Inc. Warrants (MKDWW) had a gross margin of 6.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is MKDWELL Tech Inc. Warrants's operating margin?
MKDWELL Tech Inc. Warrants (MKDWW) had an operating margin of -88.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is MKDWELL Tech Inc. Warrants's return on equity (ROE)?
MKDWELL Tech Inc. Warrants (MKDWW) has a return on equity of -54.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is MKDWELL Tech Inc. Warrants's free cash flow?
MKDWELL Tech Inc. Warrants (MKDWW) recorded an outflow of $1.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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. Warrants's operating cash flow?
MKDWELL Tech Inc. Warrants (MKDWW) recorded an outflow of $1.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are MKDWELL Tech Inc. Warrants's total assets?
MKDWELL Tech Inc. Warrants (MKDWW) had $18.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are MKDWELL Tech Inc. Warrants's capital expenditures?
MKDWELL Tech Inc. Warrants (MKDWW) invested $528K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does MKDWELL Tech Inc. Warrants spend on research and development?
MKDWELL Tech Inc. Warrants (MKDWW) invested $999K in research and development during fiscal year 2025.
What is MKDWELL Tech Inc. Warrants's current ratio?
MKDWELL Tech Inc. Warrants (MKDWW) had a current ratio of 1.23 as of fiscal year 2025, which is considered adequate.
What is MKDWELL Tech Inc. Warrants's debt-to-equity ratio?
MKDWELL Tech Inc. Warrants (MKDWW) had a debt-to-equity ratio of 0.51 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is MKDWELL Tech Inc. Warrants's liabilities-to-equity ratio?
MKDWELL Tech Inc. Warrants (MKDWW) had a liabilities-to-equity ratio of 2.34 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is MKDWELL Tech Inc. Warrants's return on assets (ROA)?
MKDWELL Tech Inc. Warrants (MKDWW) had a return on assets of -17.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is MKDWELL Tech Inc. Warrants's Piotroski F-Score?
MKDWELL Tech Inc. Warrants (MKDWW) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MKDWELL Tech Inc. Warrants's earnings high quality?
MKDWELL Tech Inc. Warrants (MKDWW) reported a net loss of $3.2M while operations used $1.2M 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.
Can MKDWELL Tech Inc. Warrants cover its interest payments?
MKDWELL Tech Inc. Warrants (MKDWW) reported an operating loss of $2.7M against $549K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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. Warrants?
MKDWELL Tech Inc. Warrants (MKDWW) scores 24 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is the average 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.