Not available for this issue.
A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.
Issue 004 | U.S. Pilot | US
MWG
Multi Ways Holdings Ltd
Screen state: Passing
Source state: Verified
20-F | 2026-05-08
Filing currency: USD
Internal NCAV Discount
74.9%
GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.
- Current Assets
- 57,005,000USD
- Total Liabilities
- 39,278,000USD
- NCAV
- 17,727,000USD
- Cash
- 1,892,000USD
- NCAV per share
- 4.62USD/share
- Evidence
- 4 annual | 0 quarterly
Mary filing review
Financial Statement Evidence
Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.
- Evaluated
- 12
- Triggered
- 4
- Unavailable
- 3
Supporting observation NCAV Growing 17,727,000
- Latest
- 17,727,0002025-12-31
- Comparison
- 15,509,0002024-12-31
- Change
- +14.3%
Basis: equivalent prior-year NCAV change >= +2%; both NCAV values must be positive
Source periods: SEC 20-F 2025-12-31 · 0001493152-26-021982; REPORTED_FILING 20-F 2024-12-31
Supporting observation Positive OCF 6,352,000
- Latest
- 6,352,0002025-12-31
- Comparison
- n/a
- Change
- n/a
Basis: latest reporting-period cash from operations > 0
Source periods: SEC 20-F 2025-12-31 · 0001493152-26-021982
Supporting observation Share Count Reduced 3,838,000
- Latest
- 3,838,0002025-12-31
- Comparison
- 31,762,0002024-12-31
- Change
- -87.9%
Basis: 1Y share change <= -2% using the same share-count source
Source periods: SEC 20-F 2025-12-31 · 0001493152-26-021982; REPORTED_FILING 20-F 2024-12-31
Supporting observation Current Ratio > 1.5 1.57
- Latest
- 1.572025-12-31
- Comparison
- 1.5
- Change
- n/a
Basis: current assets / current liabilities; strong if > 1.5
Source periods: SEC 20-F 2025-12-31 · 0001493152-26-021982
3 unavailable checks — inspect missing inputs
High Debt
(short-term debt + long-term debt) / ordinary equity >= 50%
Low Debt
(short-term debt + long-term debt) / ordinary equity < 20%
Non-Positive Equity
ordinary shareholders equity <= 0
Business Profile
Published only when a substantive filing-text profile has been prepared for this issue.
Known Unknowns
Only 0 quarterly periods available from Data Vault for this company.
quarterly periods are missing
Medium | Share Count
The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.
Low | Classification
U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.
Annual Financials
Latest annual periods, newest first. Missing cells render as n/a.
| Metric |
2025-12-31
20-F
USD
|
2024-12-31
20-F
USD
|
2023-12-31
20-F
USD
|
2022-12-31
20-F
USD
|
|---|---|---|---|---|
| Revenue | 44,768,000 | 31,066,000 | 36,016,000 | 38,359,000 |
| Operating Income | 772,000 | -1,938,000 | -3,078,000 | 1,495,000 |
| Net Income | -433,000 | -2,854,000 | 1,789,000 | 978,000 |
| Cash From Operations | 6,352,000 | -12,910,000 | 55,000 | 833,000 |
| Capex | -202,000 | -598,000 | -1,955,000 | -817,000 |
| Free Cash Flow | 6,150,000 | -13,508,000 | -1,900,000 | 16,000 |
| Cash And Equivalents | 1,892,000 | 3,258,000 | 7,073,000 | 1,003,000 |
| Accounts Receivable | 7,013,000 | 6,181,000 | 5,341,000 | 8,021,000 |
| Inventory | 42,396,000 | 45,098,000 | 36,692,000 | 31,442,000 |
| Total Current Assets | 57,005,000 | 64,999,000 | 52,381,000 | 44,071,000 |
| Total Assets | 61,933,000 | 69,575,000 | 58,001,000 | 52,786,000 |
| Total Current Liabilities | 36,295,000 | 44,804,000 | 31,478,000 | 41,185,000 |
| Total Liabilities | 39,278,000 | 49,490,000 | 36,174,000 | 46,474,000 |
| Shareholders Equity | 22,655,000 | 20,085,000 | 21,827,000 | 6,312,000 |
| Shares Outstanding | n/a | 33,330,000 | 30,840,000 | 24,800,000 |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 3,838,000 | 31,762,000 | 29,284,000 | 24,800,000 |
| Weighted Avg Shares Basic | 3,838,000 | 31,762,000 | 29,284,000 | 24,800,000 |
| Net Share Count Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
| Ownership Claim Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
Quarterly Financials
Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.
Only 0 quarterly periods available from Data Vault for this company.
| Metric |
|---|
| Revenue |
| Operating Income |
| Net Income |
| Cash From Operations |
| Capex |
| Free Cash Flow |
| Cash And Equivalents |
| Total Current Assets |
| Total Liabilities |
| Shares Outstanding |
| Shares Outstanding Diluted |
| Weighted Avg Shares Diluted |
| Weighted Avg Shares Basic |
| Net Share Count Change (Normalized) |
| Ownership Claim Change (Normalized) |
Audit Trail
NCAV Audit
Official-source inputs remain linked to filing provenance. Derived values are labeled as such.
| Input | Value | Source concept | Filing period | Confidence | Provenance |
|---|---|---|---|---|---|
| Current Assets | 57,005,000USD | us-gaap:AssetsCurrent | 2025-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json |
| Total Liabilities | 39,278,000USD | us-gaap:Liabilities | 2025-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json |
| Cash | 1,892,000USD | us-gaap:CashAndCashEquivalentsAtCarryingValue | 2025-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json |
| Shares Outstanding | 3,838,000 | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding | 2025-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json |
| NCAV | 17,727,000USD | derived | 2025-12-31 | n/a | company-evidence-v1 | total_current_assets - total_liabilities |
| NCAV per share | 4.62USD | derived | 2025-12-31 | n/a | company-evidence-v1 | NCAV / shares_outstanding |
| Internal NCAV Discount | 74.9% | derived | 2025-12-31 | n/a | gnni_publication_pack | internal_discount |
NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / weighted_avg_shares_diluted
Source Provenance
- Data Source
- Data Vault
- Data Vault Root
- Local evidence | The Data Vault
- CIK
- 0001941500
- Company ID
- n/a
- Selected Annual Source
- Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json
- Selected Quarterly Source
- Data Vault | sec/companyfacts/cik=0001941500/companyfacts.json
- Statement Extractor
- companyfacts-screener-v1
- View Extractor
- companyfacts-screener-v1
- Source Accession Count
- 3
- Imported At
- 2026-08-15T12:52:30+00:00
- Rendered At
- 2026-08-16T03:29:54+00:00
Run Audit
- Mary Run
- 29510e1968ca4fb386d55ebe1e97a5de
- Mary As Of
- 2026-08-01
- Accession
- 0001493152-26-021982
- CIK
- 0001941500
- Mary Filing Date
- 2026-05-08
- Filing Currency
- USD
- Internal Discount
- 74.9%
- Source State
- Verified
- Market Context
- Not Displayed
- Market Policy
- internal_only_not_redistributed
- Share Trend
- Not Evaluated
- Dilution
- Needs Review
mary_run=29510e1968ca4fb386d55ebe1e97a5de; mary_as_of=2026-08-01; mary_filing_date=2026-05-08; mary_accession=0001493152-26-021982; mary_cik=0001941500; gnni_supporting_filing_date=2026-05-08; internal_discount=0.748853; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.