Air Freight Forwarding Services was New Century Logistics (BVI)’s largest segment in fiscal 2025, bringing in $41.93M of $44.08M (95%).
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Air Freight Forwarding Services | $33.24M | $48.01M | $41.93M |
| Other Services | $2.46M | $3.27M | $1.58M |
| Ocean Freight Forwarding Services | $378.04K | $898.71K | $564.94K |
| Total | $36.07M | $52.18M | $44.08M |
New Century Logistics (BVI) brought in $44.08M from its three segments in fiscal 2025, the year ended September 30, 2025. That was down 15.5% from $52.18M in fiscal 2024. Air Freight Forwarding Services was the largest at $41.93M (95.1%), ahead of Other Services at $1.58M (3.6%) and Ocean Freight Forwarding Services at $564.94K (1.3%).
Compared with fiscal 2024, Air Freight Forwarding Services fell 12.7% to $41.93M and Other Services fell 51.5% to $1.58M. From fiscal 2023 to 2025, combined revenue from these segments grew from $36.07M to $44.08M, a compound annual growth rate of 10.5%. Air Freight Forwarding Services' share of the total rose from 92.1% to 95.1%.
Transferred Over Time was New Century Logistics (BVI)’s largest revenue line in fiscal 2025, bringing in $42.65M of $44.08M (97%).
| Timing of Transfer of Good or Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Transferred Over Time | $33.88M | $49.05M | $42.65M |
| Transferred At Point In Time | $2.19M | $3.13M | $1.44M |
| Total | $36.07M | $52.18M | $44.08M |
New Century Logistics (BVI) brought in $44.08M from its two revenue lines in fiscal 2025, the year ended September 30, 2025. That was down 15.5% from $52.18M in fiscal 2024. Transferred Over Time was the largest at $42.65M (96.7%), ahead of Transferred At Point In Time at $1.44M (3.3%).
Compared with fiscal 2024, Transferred Over Time fell 13.0% to $42.65M and Transferred At Point In Time fell 54.2% to $1.44M. From fiscal 2023 to 2025, combined revenue from these revenue lines grew from $36.07M to $44.08M, a compound annual growth rate of 10.5%. Transferred Over Time's share of the total rose from 93.9% to 96.7%.
New Century Logistics (BVI) (NCEW) reports its revenue by segment and by timing of transfer of good or service. In fiscal 2025, Air Freight Forwarding Services was its largest segment, bringing in $41.93M (95.1% of the total), followed by Other Services at $1.58M (3.6%).
Air Freight Forwarding Services was New Century Logistics (BVI)'s largest segment in fiscal 2025, bringing in $41.93M, or 95.1% of the $44.08M total across its three segments.
Transferred Over Time was New Century Logistics (BVI)'s largest revenue line in fiscal 2025, bringing in $42.65M, or 96.7% of the $44.08M total across its two revenue lines.
Every figure comes from New Century Logistics (BVI)'s annual financial filings, as reported. Each line keeps the name New Century Logistics (BVI) gives it, and years follow its fiscal calendar.
New Century Logistics (BVI)'s revenue by segment goes back to fiscal 2023, 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.