Micware Co., Ltd. Financials
Micware Co., Ltd. (MWC) reported $140.3M in revenue for fiscal year 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2026. 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 Micware Co., 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.
Micware Co., Ltd. has an operating margin of 10.8%, meaning the company retains $11 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power.
Not available for Micware Co., Ltd., and counted as zero in the overall score.
Micware Co., Ltd. carries a low D/E ratio of 0.32, meaning only $0.32 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
Micware Co., Ltd.'s current ratio of 1.66 indicates adequate short-term liquidity, earning a score of 47/100. The company can meet its near-term obligations, though with limited headroom.
Micware Co., Ltd. has a free cash flow margin of 8.3%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.
Micware Co., Ltd. earns a strong 20.0% return on equity (ROE), meaning it generates $20 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 82/100.
Micware Co., Ltd. scores 2.44, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
For every $1 of reported earnings, Micware Co., Ltd. generates $1.29 in operating cash flow ($13.3M OCF vs $10.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Micware Co., Ltd. earns $50.50 in operating income for every $1 of interest expense ($15.1M vs $300K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Micware Co., Ltd. generated $140.3M in revenue in fiscal year 2026.
Micware Co., Ltd.'s EBITDA was $17.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
Micware Co., Ltd. reported $10.3M in net income in fiscal year 2026.
Cash & Balance Sheet
Micware Co., Ltd. generated $11.6M in free cash flow in fiscal year 2026, representing cash available after capex.
Micware Co., Ltd. held $52.9M in cash against $16.4M in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Micware Co., Ltd.'s gross margin was 36.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs.
Micware Co., Ltd.'s operating margin was 10.8% in fiscal year 2026, reflecting core business profitability.
Micware Co., Ltd.'s net profit margin was 7.3% in fiscal year 2026, showing the share of revenue converted to profit.
Micware Co., Ltd.'s ROE was 20.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Micware Co., Ltd. invested $9.8M in research and development in fiscal year 2026.
Micware Co., Ltd. invested $1.7M in capex in fiscal year 2026, funding long-term assets and infrastructure.
Not reported for fiscal year 2026.
MWC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 |
|---|---|
| Revenue | $140.3M |
| Cost of Revenue | $88.7M |
| Gross Profit | $51.6M |
| R&D Expenses | $9.8M |
| SG&A Expenses | $26.6M |
| Operating Income | $15.1M |
| Interest Expense | $300K |
| Income Tax | $4.5M |
| Net Income | $10.3M |
| EPS (Diluted) | $0.18 |
MWC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 |
|---|---|
| Total Assets | $156.6M |
| Current Assets | $93.0M |
| Cash & Equivalents | $52.9M |
| Inventory | $121K |
| Accounts Receivable | $11.3M |
| Goodwill | $1.5M |
| Total Liabilities | $101.4M |
| Current Liabilities | $56.2M |
| Long-Term Debt | $16.4M |
| Total Equity | $51.3M |
| Retained Earnings | $43.7M |
MWC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 |
|---|---|
| Operating Cash Flow | $13.3M |
| Capital Expenditures | $1.7M |
| Free Cash Flow | $11.6M |
| Investing Cash Flow | -$5.1M |
| Financing Cash Flow | -$4.8M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
MWC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 |
|---|---|
| Gross Margin | 36.8% |
| Operating Margin | 10.8% |
| Net Margin | 7.3% |
| Return on Equity | 20.0% |
| Return on Assets | 6.6% |
| Current Ratio | 1.66 |
| Debt-to-Equity | 0.32 |
| FCF Margin | 8.3% |
Where Micware Co., Ltd. Ranks
Frequently Asked Questions
What is Micware Co., Ltd.'s annual revenue?
Micware Co., Ltd. (MWC) reported $140.3M in total revenue for fiscal year 2026. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Micware Co., Ltd. profitable?
Yes, Micware Co., Ltd. (MWC) reported a net income of $10.3M in fiscal year 2026, with a net profit margin of 7.3%.
What is Micware Co., Ltd.'s EBITDA?
Micware Co., Ltd. (MWC) had EBITDA of $17.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Micware Co., Ltd. have?
As of fiscal year 2026, Micware Co., Ltd. (MWC) had $52.9M in cash and equivalents against $16.4M in long-term debt.
What is Micware Co., Ltd.'s gross margin?
Micware Co., Ltd. (MWC) had a gross margin of 36.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Micware Co., Ltd.'s operating margin?
Micware Co., Ltd. (MWC) had an operating margin of 10.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Micware Co., Ltd.'s net profit margin?
Micware Co., Ltd. (MWC) had a net profit margin of 7.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Micware Co., Ltd.'s return on equity (ROE)?
Micware Co., Ltd. (MWC) has a return on equity of 20.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Micware Co., Ltd.'s free cash flow?
Micware Co., Ltd. (MWC) generated $11.6M in free cash flow during fiscal year 2026. 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 Micware Co., Ltd.'s operating cash flow?
Micware Co., Ltd. (MWC) generated $13.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Micware Co., Ltd.'s total assets?
Micware Co., Ltd. (MWC) had $156.6M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Micware Co., Ltd.'s capital expenditures?
Micware Co., Ltd. (MWC) invested $1.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Micware Co., Ltd. spend on research and development?
Micware Co., Ltd. (MWC) invested $9.8M in research and development during fiscal year 2026.
What is Micware Co., Ltd.'s current ratio?
Micware Co., Ltd. (MWC) had a current ratio of 1.66 as of fiscal year 2026, which is generally considered healthy.
What is Micware Co., Ltd.'s debt-to-equity ratio?
Micware Co., Ltd. (MWC) had a debt-to-equity ratio of 0.32 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Micware Co., Ltd.'s return on assets (ROA)?
Micware Co., Ltd. (MWC) had a return on assets of 6.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Micware Co., Ltd.'s Altman Z-Score?
Micware Co., Ltd. (MWC) has an Altman Z-Score of 2.44, placing it in the Grey Zone (moderate 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.
Are Micware Co., Ltd.'s earnings high quality?
Micware Co., Ltd. (MWC) has an earnings quality ratio of 1.29x, considered cash-backed (high quality). 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 Micware Co., Ltd. cover its interest payments?
Micware Co., Ltd. (MWC) has an interest coverage ratio of 50.50x, meaning it can comfortably 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 Micware Co., Ltd.?
Micware Co., Ltd. (MWC) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), 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.