MKDWELL Tech Inc.(MKDW)Earnings, Financials & Key Ratios
MKDW•NASDAQ
$7.37
$124M mkt cap·Price updated May 7, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryVehicle Electronics and Connectivity
AboutMKDWELL Tech Inc. is a holding company, which engages in the manufacture and supply of electronic equipment for vehicles through its subsidiaries. The company was founded on July 25, 2023 and is headquartered in Road Town, British Virgin Islands.Show more
- Revenue$2M-45.5%
- EBITDA-$2M-78.7%
- Net Income-$3M-58.4%
- EPS (Diluted)-0.15-62.7%
- Gross Margin8.29%-54.8%
- EBITDA Margin-114.12%-228.1%
- Operating Margin-141.28%-181.9%
- Net Margin-125.96%-190.9%
- ROIC-51.52%-114.4%
- Interest Coverage-7.10+5.7%
MKDW Key Insights
MKDWELL Tech Inc. (MKDW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 95 (top 5%)
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
- ✗Weak Piotroski F-Score: 1/9
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MKDW Price & Volume
MKDWELL Tech Inc. (MKDW) stock price & volume — 10-year historical chart
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MKDW Growth Metrics
MKDWELL Tech Inc. (MKDW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-15.15%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-162.17%
5 Years-162.17%
3 Years-204.09%
Last Year-538.19%
MKDW Peer Comparison
MKDWELL Tech Inc. (MKDW) competitors in Vehicle Electronics and Connectivity — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SMRT | 219.17M | 1.14 | -3.56 | -12.9% | -16.59% | -10.61% | 0.03 | |
 ARLO | 1.62B | 14.90 | 106.43 | 3.6% | 5.47% | 22.92% | 0.05 | |
 INSG | 306.33M | 18.88 | -104.87 | -13.1% | 7.68% | |||
 TUYA | 1.42B | 2.40 | 282.35 | 29.84% | 9.12% | 2.91% | 0.00 | |
 LSCC | 16.43B | 119.92 | 5377.58 | 2.72% | 3.46% | 2.79% | 0.11 | |
 SLAB | 7.17B | 217.64 | -109.92 | 34.29% | -8.27% | -5.93% | ||
 CEVA | 809.85M | 33.72 | -91.14 | 9.77% | -10.49% | -4.2% | 0.02 | |
 QCOM | 213.51B | 202.57 | 40.43 | 13.66% | 22.31% | 40.19% | 0.77 |
Compare MKDW vs Peers
MKDWELL Tech Inc. (MKDW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MKDW Income Statement
MKDWELL Tech Inc. (MKDW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 3.27M | 3.15M | 3.67M | 2M | 0 |
| Revenue Growth % | - | -3.63% | 16.4% | -45.54% | - |
| Cost of Goods Sold | 2.75M | 2.13M | 3M | 1.83M | 0 |
| COGS % of Revenue | 83.95% | 67.68% | 81.65% | 91.71% | - |
| Gross Profit | 525.29K▲ 0% | 1.02M▲ 94.0% | 673.73K▼ 33.9% | 165.67K▼ 75.4% | 0▲ 0% |
| Gross Margin % | 16.05% | 32.32% | 18.35% | 8.29% | - |
| Gross Profit Growth % | - | 94.01% | -33.89% | -75.41% | - |
| Operating Expenses | 1.87M | 1.92M | 2.51M | 2.99M | 649.69K |
| OpEx % of Revenue | 57.29% | 60.87% | 68.48% | 149.57% | - |
| Selling, General & Admin | 985.49K | 1.2M | 1.73M | 2.28M | 606.37K |
| SG&A % of Revenue | 30.12% | 38% | 47.23% | 114.26% | - |
| Research & Development | 889.21K | 721.25K | 780.05K | 705.68K | 0 |
| R&D % of Revenue | 27.18% | 22.87% | 21.25% | 35.3% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 43.32K |
| Operating Income | -1.35M▲ 0% | -900.31K▲ 33.3% | -1.84M▼ 104.4% | -2.82M▼ 53.5% | -649.69K▲ 0% |
| Operating Margin % | -41.24% | -28.55% | -50.12% | -141.28% | - |
| Operating Income Growth % | - | 33.28% | -104.36% | -53.5% | - |
| EBITDA | -748.78K | -372.2K | -1.28M | -2.28M | -38.16K |
| EBITDA Margin % | -22.88% | -11.8% | -34.78% | -114.12% | - |
| EBITDA Growth % | - | 50.29% | -243.05% | -78.66% | - |
| D&A (Non-Cash Add-back) | 600.63K | 528.11K | 563.04K | 542.97K | 0 |
| EBIT | -985.82K | -827.05K | -1.82M | -2.76M | -38.16K |
| Net Interest Income | -304.13K | -390.03K | -244.43K | -398.04K | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 304.13K | 390.03K | 244.43K | 398.04K | 0 |
| Other Income/Expense | 59.46K | -316.77K | -228.2K | -332.87K | 611.54K |
| Pretax Income | -1.29M▲ 0% | -1.22M▲ 5.6% | -2.07M▼ 69.9% | -3.16M▼ 52.7% | -38.16K▲ 0% |
| Pretax Margin % | -39.42% | -38.59% | -56.34% | -157.93% | - |
| Income Tax | 0 | 0 | 0 | 0 | 119.33K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | -312.73% |
| Net Income | -1.29M▲ 0% | -1.26M▲ 2.6% | -1.59M▼ 26.5% | -2.52M▼ 58.4% | -157.48K▲ 0% |
| Net Margin % | -39.42% | -39.84% | -43.31% | -125.96% | - |
| Net Income Growth % | - | 2.61% | -26.53% | -58.4% | - |
| Net Income (Continuing) | -1.29M | -1.22M | -2.07M | -3.16M | -157.48K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 781.8K | -261.25K | -964.63K | 0 |
| EPS (Diluted) | -0.07▲ 0% | -0.07▲ 2.7% | -0.09▼ 26.6% | -0.15▼ 62.7% | -▲ 0% |
| EPS Growth % | - | 2.67% | -26.65% | -62.69% | - |
| EPS (Basic) | -0.07 | -0.07 | -0.09 | -0.15 | - |
| Diluted Shares Outstanding | 17.25M | 17.25M | 17.25M | 17.25M | 6.11M |
| Basic Shares Outstanding | 17.25M | 17.25M | 17.25M | 17.25M | 6.11M |
| Dividend Payout Ratio | - | - | - | - | - |
MKDW Balance Sheet
MKDWELL Tech Inc. (MKDW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 2.5M | 1.67M | 2.74M | 3.12M | 20.38K |
| Cash & Short-Term Investments | 493.44K | 417.01K | 924.43K | 542.59K | 19.55K |
| Cash Only | 493.44K | 417.01K | 924.43K | 542.59K | 19.55K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 847.64K | 962.55K | 1.38M | 2.21M | 0 |
| Days Sales Outstanding | 94.55 | 111.41 | 137.59 | 403.91 | - |
| Inventory | 571.32K | 231.75K | 362.96K | 291.03K | 0 |
| Days Inventory Outstanding | 75.92 | 39.63 | 44.2 | 57.94 | - |
| Other Current Assets | 0 | 0 | 55.08K | 51.35K | 0 |
| Total Non-Current Assets | 7.37M | 6.47M | 6.43M | 5.77M | 21.87M |
| Property, Plant & Equipment | 3.79M | 3.44M | 3.86M | 5.15M | 0 |
| Fixed Asset Turnover | 0.86x | 0.92x | 0.95x | 0.39x | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 313.85K | 281.66K | 299.8K | 523.85K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 60.91K | 21.87M |
| Other Non-Current Assets | 3.27M | 2.75M | 2.27M | 34.62K | 2.27M |
| Total Assets | 9.87M▲ 0% | 8.13M▼ 17.6% | 9.17M▲ 12.8% | 8.89M▼ 3.0% | 21.89M▲ 0% |
| Asset Turnover | 0.33x | 0.39x | 0.40x | 0.22x | 0.00x |
| Asset Growth % | - | -17.61% | 12.76% | -3.01% | 0% |
| Total Current Liabilities | 6.17M | 4.03M | 6.07M | 10.95M | 1.86M |
| Accounts Payable | 329.9K | 211.05K | 304.67K | 409.12K | 0 |
| Days Payables Outstanding | 43.84 | 36.09 | 37.11 | 81.45 | - |
| Short-Term Debt | 941.53K | 1.64M | 3.32M | 3.76M | 0 |
| Deferred Revenue (Current) | 134.33K | 189.19K | 304.49K | 262.22K | 304.49K |
| Other Current Liabilities | 49.39K | 79.07K | 69.38K | 74.75K | 1.8M |
| Current Ratio | 0.41x | 0.41x | 0.45x | 0.29x | 0.29x |
| Quick Ratio | 0.31x | 0.36x | 0.39x | 0.26x | 0.26x |
| Cash Conversion Cycle | 126.63 | 114.95 | 144.69 | 380.39 | - |
| Total Non-Current Liabilities | 3.72M | 2.57M | 2.77M | 3.12M | 1.72M |
| Long-Term Debt | 3.14M | 2.28M | 2.43M | 2.81M | 0 |
| Capital Lease Obligations | 457.54K | 181.66K | 259.13K | 270.41K | 259.13K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 118.45K | 108.76K | 78.63K | 36.35K | 78.63K |
| Total Liabilities | 9.89M | 6.6M | 8.84M | 14.07M | 3.58M |
| Total Debt | 4.9M | 4.57M | 6.38M | 8.15M | 0 |
| Net Debt | 4.41M | 4.16M | 5.46M | 7.61M | -19.55K |
| Debt / Equity | - | 2.98x | 19.07x | - | 0.00x |
| Debt / EBITDA | - | - | - | - | -0.00x |
| Net Debt / EBITDA | - | - | - | - | 0.51x |
| Interest Coverage | -4.44x | -2.31x | -7.53x | -7.10x | - |
| Total Equity | -15.41K▲ 0% | 1.53M▲ 10058.3% | 334.59K▼ 78.2% | -5.17M▼ 1646.4% | 18.31M▲ 0% |
| Equity Growth % | - | 10058.33% | -78.19% | -1646.36% | 0% |
| Book Value per Share | -0.00 | 0.09 | 0.02 | -0.30 | 3.00 |
| Total Shareholders' Equity | -15.41K | 752.48K | 595.84K | -4.21M | 18.31M |
| Common Stock | 7.75M | 8.84M | 1.39K | 1.86K | 21.77M |
| Retained Earnings | -8.37M | -9.62M | -11.21M | -13.73M | -3.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 581.16K | 610.98K | 344.87K | 557.09K | 0 |
| Minority Interest | 0 | 781.8K | -261.25K | -964.63K | 0 |
MKDW Cash Flow Statement
MKDWELL Tech Inc. (MKDW) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -717.26K | -129.86K | -1.32M | -3.11M | -3.11M |
| Operating CF Margin % | -21.92% | -4.12% | -36.05% | -155.71% | - |
| Operating CF Growth % | - | 81.89% | -919.06% | -135.2% | 0% |
| Net Income | -1.29M | -1.22M | -2.07M | -3.16M | -157.48K |
| Depreciation & Amortization | 600.63K | 528.11K | 563.04K | 542.97K | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 242.5K | 165.13K | -30.34K | 126.87K | -611.54K |
| Working Capital Changes | -270.45K | 393.98K | 211.98K | -625.44K | 91.82K |
| Change in Receivables | -66.71K | -36.92K | 441.25K | -103.7K | 0 |
| Change in Inventory | -562.6K | 3.28K | -289.31K | -45.09K | 0 |
| Change in Payables | -58.32K | 0 | 99.35K | 114.8K | 0 |
| Cash from Investing | -1.01M | -428.13K | -1.3M | -834.94K | 39.29M |
| Capital Expenditures | -1.01M | -433.55K | -752.87K | -33.95K | 0 |
| CapEx % of Revenue | 30.78% | 13.75% | 20.51% | 1.7% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 5.42K | -544.83K | -800.99K | 496.88K |
| Cash from Financing | 1.48M | 605.7K | 3.14M | 3.58M | -38.63M |
| Debt Issued (Net) | 1.47M | 482 | 2.25M | 3.35M | 59.05K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -38.79M |
| Other Financing | 14.7K | 605.21K | 882K | 236.02K | 101.23K |
| Net Change in Cash | -259.37K▲ 0% | -76.43K▲ 70.5% | 507.42K▲ 763.9% | -330.7K▼ 165.2% | -20.04K▲ 0% |
| Free Cash Flow | -1.72M▲ 0% | -563.41K▲ 67.3% | -2.08M▼ 268.5% | -3.15M▼ 51.5% | -677.2K▲ 0% |
| FCF Margin % | -52.7% | -17.87% | -56.56% | -157.41% | - |
| FCF Growth % | - | 67.33% | -268.51% | -51.55% | - |
| FCF per Share | -0.10 | -0.03 | -0.12 | -0.18 | -0.18 |
| FCF Conversion (FCF/Net Income) | 0.56x | 0.10x | 0.83x | 1.24x | 4.30x |
| Interest Paid | 0 | 0 | 0 | 269.86K | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
MKDW Key Ratios
MKDWELL Tech Inc. (MKDW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | -165.42% | -170.12% | - | -1.69% |
| Return on Invested Capital (ROIC) | -13.39% | -24.04% | -51.52% | -51.52% |
| Gross Margin | 32.32% | 18.35% | 8.29% | - |
| Net Margin | -39.84% | -43.31% | -125.96% | - |
| Debt / Equity | 2.98x | 19.07x | - | 0.00x |
| Interest Coverage | -2.31x | -7.53x | -7.10x | - |
| FCF Conversion | 0.10x | 0.83x | 1.24x | 4.30x |
| Revenue Growth | -3.63% | 16.4% | -45.54% | - |
MKDW Frequently Asked Questions
MKDWELL Tech Inc. (MKDW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
MKDWELL Tech Inc. (MKDW) reported $2.0M in revenue for fiscal year 2024. This represents a 39% decrease from $3.3M in 2021.
MKDWELL Tech Inc. (MKDW) saw revenue decline by 45.5% over the past year.
MKDWELL Tech Inc. (MKDW) reported a net loss of $2.5M for fiscal year 2024.
Dividend & Returns
MKDWELL Tech Inc. (MKDW) had negative free cash flow of $3.1M in fiscal year 2024, likely due to heavy capital investments.
Explore More MKDW
MKDWELL Tech Inc. (MKDW) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates