MKDWELL Tech Inc.
MKDW Nasdaq Electronic & Other Electrical Equipment (No Computer Equip) Financials FY2022โFY2025
What MKDWELL Tech Inc. does
No business description yet.
- Legal name
- MKDWELL Tech Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Apr 30, 2026
- Accession ยท CIK
- 0001493152-26-019701
0001991332
Revenue and margins
MKDWELL Tech Inc. had $3.0M of revenue in fiscal 2025, up 51.6% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ$1.7M in fiscal 2025, โ56.8% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
MKDWELL Tech Inc. returned โ to shareholders in fiscal 2025. The diluted share count rose 591.5%.
Balance sheet
Cash, debt and the ratios that show how comfortably MKDWELL Tech Inc. can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash and short-term investments | $0.4M | $0.9M | $0.5M | $0.0M |
| Debt incl. finance leases | โ | $5.2M | $5.6M | $5.7M |
| Debt / equity | โ | 8.7x | โ | 1.0x |
| Interest coverage | โ2.3x | โ7.5x | โ7.1x | โ4.9x |
| Current ratio | โ | 0.5x | 0.3x | 1.2x |
| Quick ratio | โ | 0.4x | 0.3x | 1.2x |
| Total assets | โ | $9.2M | $8.9M | $18.4M |
| Total liabilities | โ | $8.8M | $14.1M | $13.5M |
| Shareholders' equity | $1.5M | $0.6M | โ$4.2M | $5.8M |
| Net debt (โ = net cash) | โ | $4.2M | $5.0M | $5.7M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 5 | 1 / 9 | 4 / 9 |
| Accruals ratio | โ | โ8.1% | โ0.5% | โ14.4% |
| Altman Z'' | โ | โ7.65 | โ13.25 | โ2.57 |
4 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $3.2M | $3.7M | $2.0M | $3.0M |
| Gross profit | $1.0M | $0.7M | $0.2M | $0.2M |
| Research and development | $0.7M | $0.8M | $0.7M | $1.0M |
| Operating income | โ$0.9M | โ$1.8M | โ$2.8M | โ$2.7M |
| Interest expense | $0.4M | $0.2M | $0.4M | $0.5M |
| Pretax income | โ$1.2M | โ$2.1M | โ$3.2M | โ$3.2M |
| Net income | โ$1.2M | โ$2.1M | โ$3.2M | โ$3.2M |
| Net income to common | โ$1.3M | โ$1.6M | โ$2.5M | โ$2.6M |
| Diluted EPS | โ$0.09 | โ$3.33 | โ$4.50 | โ$0.66 |
| Diluted shares | 0.01B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||
| Cash from operations | โ$0.1M | โ$1.3M | โ$3.1M | โ$1.2M |
| Capital expenditure | $0.4M | $0.8M | $0.0M | $0.5M |
| Free cash flow | โ$0.6M | โ$2.1M | โ$3.1M | โ$1.7M |
| Depreciation and amortization | $0.3M | $0.3M | $0.5M | $0.5M |
| Stock-based compensation | โ | โ | โ | $0.1M |
| Balance sheet | ||||
| Cash and short-term investments | $0.4M | $0.9M | $0.5M | $0.0M |
| Total debt | โ | $5.2M | $5.6M | $5.7M |
| Current assets | โ | $2.7M | $3.1M | $12.6M |
| Current liabilities | โ | $6.1M | $10.9M | $10.3M |
| Inventory | โ | $0.4M | $0.3M | $0.3M |
| Property and equipment, net | โ | $3.7M | $5.1M | $4.5M |
| Intangible assets | โ | $0.3M | $0.5M | $0.5M |
| Total assets | โ | $9.2M | $8.9M | $18.4M |
| Total liabilities | โ | $8.8M | $14.1M | $13.5M |
| Preferred stock | โ | โ | โ | $0.0M |
| Shareholders' equity | $1.5M | $0.6M | โ$4.2M | $5.8M |
| Margins | ||||
| Gross margin | 32.3% | 18.4% | 8.3% | 6.2% |
| Operating margin | โ28.5% | โ50.1% | โ141.3% | โ88.0% |
| EBITDA margin | โ19.0% | โ40.6% | โ118.3% | โ70.9% |
| Net margin | โ38.6% | โ56.3% | โ157.9% | โ104.0% |
| FCF margin | โ17.9% | โ56.6% | โ157.4% | โ56.8% |
| Returns | ||||
| Return on capital | โ | โ30.1% | โ267.4% | โ18.4% |
| Return on capital employed | โ | โ59.3% | 137.6% | โ32.9% |
| Return on equity | โ79.3% | โ194.2% | โ | โ401.0% |
| Return on assets | โ | โ22.6% | โ35.0% | โ23.1% |
| Return on tangible equity | โ81.9% | โ537.0% | โ | โ48.6% |
| Growth | ||||
| Revenue growth | โ | 16.4% | โ45.5% | 51.6% |
| Share count change | โ | โ96.8% | 17.2% | 591.5% |
| Financial health | ||||
| Debt / equity | โ | 8.7x | โ | 1.0x |
| Interest coverage | โ2.3x | โ7.5x | โ7.1x | โ4.9x |
| Current ratio | โ | 0.5x | 0.3x | 1.2x |
| Quick ratio | โ | 0.4x | 0.3x | 1.2x |
| Capital allocation | ||||
| Capex / revenue | 13.7% | 20.5% | 1.7% | 17.4% |
| Stock comp / revenue | โ | โ | โ | 2.7% |
| Quality scores | ||||
| Piotroski F-score | โ | โ | 1.0 | 4.0 |
| Altman Z'' | โ | โ7.6 | โ13.3 | โ2.6 |
| Accruals ratio | โ | โ8.1% | โ0.5% | โ14.4% |
Source: SEC EDGAR XBRL filings (CIK 0001991332). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.