Singapore was Multi Ways Holdings’s largest region in fiscal 2025, bringing in $25.44M of $44.77M (57%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Singapore | $15.81M | $17.43M | $17.88M | $25.44M | ||
| Other Countries | $13.49M | $10.79M | $5.02M | $9.81M | ||
| Australia | $9.06M | $6.74M | $728.00K | — | ||
| Canada | — | — | $4.84M | $4.65M | ||
| Taiwan | — | $1.06M | $2.60M | $4.87M | ||
| Total | $38.36M | $36.02M | $31.07M | $44.77M |
Multi Ways Holdings brought in $44.77M from its four regions in fiscal 2025, the year ended December 31, 2025. Multi Ways Holdings regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $31.07M. Singapore was the largest at $25.44M (56.8%), ahead of Other Countries at $9.81M (21.9%) and Taiwan at $4.87M (10.9%). The remaining region, Canada, brought in $4.65M.
Compared with fiscal 2024, Other Countries grew fastest, up 95.3% to $9.81M, while Canada fell the most, down 4.1% to $4.65M.
Multi Ways Holdings began breaking out Canada in fiscal 2024 and Taiwan in fiscal 2023. Multi Ways Holdings stopped reporting Australia as a separate region after fiscal 2024, when it brought in $728.00K.
Equipment Sales was Multi Ways Holdings’s largest product and service line in fiscal 2025, bringing in $33.11M of $44.77M (74%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Equipment Sales | $32.20M | $24.70M | $21.49M | $33.11M | ||
| Rental | $3.80M | $4.95M | $7.17M | $7.28M | ||
| Services | $2.35M | $6.37M | $2.41M | $4.37M | ||
| Total | $38.36M | $36.02M | $31.07M | $44.77M |
Multi Ways Holdings brought in $44.77M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 44.1% from $31.07M in fiscal 2024. Equipment Sales was the largest at $33.11M (74.0%), ahead of Rental at $7.28M (16.3%) and Services at $4.37M (9.8%).
Compared with fiscal 2024, Services grew fastest, up 81.6% to $4.37M. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $38.36M to $44.77M, a compound annual growth rate of 5.3%. Equipment Sales' share of the total fell from 83.9% to 74.0%.
Multi Ways Holdings (MWG) reports its revenue by geography and by product and service. In fiscal 2025, Singapore was its largest region, bringing in $25.44M (56.8% of the total), followed by Other Countries at $9.81M (21.9%).
Singapore was Multi Ways Holdings' largest region in fiscal 2025, bringing in $25.44M, or 56.8% of the $44.77M total across its four regions.
Equipment Sales was Multi Ways Holdings' largest product and service line in fiscal 2025, bringing in $33.11M, or 74.0% of the $44.77M total across its three product and service lines.
Among Multi Ways Holdings' product and service lines that make up at least 2% of revenue, Services grew fastest in fiscal 2025, up 81.6% from $2.41M to $4.37M.
Every figure comes from Multi Ways Holdings' annual financial filings, as reported. Each line keeps the name Multi Ways Holdings gives it, and years follow its fiscal calendar.
Multi Ways Holdings' revenue by geography goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.