--- title: "Marwynn | 10-Q: FY2026 Q3 Revenue: USD 1.384 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/279427081.md" datetime: "2026-03-17T12:04:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279427081.md) - [en](https://longbridge.com/en/news/279427081.md) - [zh-HK](https://longbridge.com/zh-HK/news/279427081.md) --- # Marwynn | 10-Q: FY2026 Q3 Revenue: USD 1.384 M Revenue: As of FY2026 Q3, the actual value is USD 1.384 M. EPS: As of FY2026 Q3, the actual value is USD -0.03. EBIT: As of FY2026 Q3, the actual value is USD -587.75 K. #### Segment Revenue Marwynn Holdings, Inc. derives its revenues from three continuing operations segments: Sale of Food and Beverage, Consulting Services, and Sale of recyclable e-waste materials . ##### For the Three Months Ended January 31, 2026 vs. 2025: - Total revenues increased by $760,232, or 121.89%, to $1,383,941 in 2026 from $623,709 in 2025 . - Revenue from Sale of Food and Beverage was $340,192 in 2026, a decrease of -41.34% from $579,960 in 2025 . - Revenue from Consulting Services remained consistent at $43,749 for both periods . - Revenue from Sale of recyclable e-waste materials was $1,000,000 in 2026, up from $- in 2025, representing a 100.00% increase . ##### For the Nine Months Ended January 31, 2026 vs. 2025: - Total revenues increased by $708,358, or 93.13%, to $1,468,941 in 2026 from $760,583 in 2025 . - Revenue from Sale of Food and Beverage was $340,192 in 2026, a decrease of -45.56% from $624,846 in 2025 . - Revenue from Consulting Services decreased by -5.15% to $128,749 in 2026 from $135,737 in 2025 . - Revenue from Sale of recyclable e-waste materials was $1,000,000 in 2026, up from $- in 2025, representing a 100.00% increase . #### Operational Metrics ##### For the Three Months Ended January 31, 2026 vs. 2025: - Gross profit decreased by -65.80% to $83,655 in 2026 from $244,628 in 2025 . The blended gross profit margin was 6.04% in 2026 compared to 39.22% in 2025 . - Total operating expenses increased by 295.69% to -$635,262 in 2026 from -$160,545 in 2025 . - Income (loss) from operations was -$551,607 in 2026, a decrease of -756.03% from $84,083 in 2025 . - Net income (loss) from continuing operations was -$548,336 in 2026, a decrease of -783.49% from $80,226 in 2025 . - Net income (loss) from discontinued operations was $- in 2026, compared to -$56,808 in 2025 . - Total net loss was -$548,336 in 2026, an increase of net loss of $571,754 or 2,441.52% from $23,418 net income in 2025 . ##### For the Nine Months Ended January 31, 2026 vs. 2025: - Gross profit decreased by -49.25% to $168,603 in 2026 from $332,221 in 2025 . The blended gross profit margin was 11.48% in 2026 compared to 43.68% in 2025 . - Total operating expenses increased by 259.82% to -$3,702,241 in 2026 from -$1,028,912 in 2025 . - Loss from operations was -$3,533,638 in 2026, a decrease of -407.20% from -$696,691 in 2025 . - Net loss from continuing operations was -$3,517,720 in 2026, a decrease of -399.93% from -$703,642 in 2025 . - Net loss from discontinued operations was -$646,656 for the period from May 1, 2025 to December 22, 2025, compared to $284,160 net income in 2025 . - Total net loss was -$4,164,376 in 2026, an increase of net loss of $3,744,894 or 892.74% from -$419,482 in 2025 . #### Cash Flow ##### For the Nine Months Ended January 31, 2026 vs. 2025: - Net cash used in operating activities from continuing operations was -$1,302,397 in 2026 compared to -$1,048,122 in 2025 . - Net cash provided by operating activities from discontinued operations was $198,788 in 2026 compared to $767,410 in 2025 . - Net cash used in investing activities from continuing operations was -$880,000 in 2026 compared to $- in 2025 . - Net cash used in investing activities from discontinued operations was -$11,900 in 2026 compared to -$56,722 in 2025 . - Net cash provided by financing activities from continuing operations was $1,607,213 in 2026 compared to net cash used of -$14,289 in 2025 . - Net cash used in financing activities from discontinued operations was -$382,428 in 2026 compared to -$756,961 in 2025 . #### Unique Metrics - Working capital amounted to approximately $2.15 million as of January 31, 2026 . - Accounts receivable, net, was $224,999 as of January 31, 2026 . - Share-based compensation expense for the nine months ended January 31, 2026 was $87,875 . #### Future Outlook and Strategy Marwynn Holdings, Inc. plans to increase FuAn’s revenue by diversifying its markets to ethnic supermarket chains and by becoming a vendor to major food distributors . The company aims to align with long-term growth objectives by focusing resources on core supply chain consulting and food distribution, and by expanding into the e-waste reverse supply chain business through its new subsidiary EcoLoopX Corporation . However, Marwynn Holdings, Inc. acknowledges substantial doubt about its ability to continue as a going concern due to net losses and cash outflows from operations, and may seek additional cash resources through debt or equity financing . ### Related Stocks - [MWYN.US](https://longbridge.com/en/quote/MWYN.US.md) ## Related News & Research - [Electro-Sensors GAAP EPS of -$0.03, revenue of $2.6M](https://longbridge.com/en/news/286518577.md) - [Crombie Reit Announces May 2026 Monthly Distribution | CROMF Stock News](https://longbridge.com/en/news/286603129.md) - [Repositrak Q3 revenue flat, operating income rises 24%](https://longbridge.com/en/news/286461836.md) - [Vulnerability Exploitation Top Breach Entry Point, 2026 Industry-Wide DBIR Finds | VZ Stock News](https://longbridge.com/en/news/286918426.md) - [Ravelin Properties REIT Reports First Quarter 2026 Results | SLTTF Stock News](https://longbridge.com/en/news/286625033.md)