Stocks · Health care · Wholesale-Drugs, Proprietaries & Druggists' Sundries

HWH International Inc.

HWH Clue Score28
United States Fiscal year ends December CIK 0001897245

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2022Net income0.1Fiscal year 2023Net income0.5 +383.4%Fiscal year 2023Revenue0.0Net income−1.1 −296.9%Fiscal year 2024Revenue1.3 +105,776.4%Net income−2.7EPS, diluted−0.76Fiscal year 2025Revenue0.9 −30.8%Net income−2.6EPS, diluted−0.40
FY2022FY2023FY2023FY2024FY2025
Revenue n/a n/a 0.0 1.3 0.9
Growth +105,776.4% −30.8%
Net income 0.1 0.5 −1.1 −2.7 −2.6
Growth +383.4% −296.9%
EPS, diluted n/a n/a n/a −0.76 −0.40

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginNet margin
Fiscal year 2022Fiscal year 2023Fiscal year 2023Gross margin41,866.0%Net margin−91,257.8%Free cash flow margin−220,856.8%Fiscal year 2024Gross margin48.0%Net margin−219.4%Free cash flow margin−147.6%Fiscal year 2025Gross margin53.0%Net margin−303.4%Free cash flow margin−204.1%
FY2022FY2023FY2023FY2024FY2025
Gross margin n/a n/a 41,866.0% 48.0% 53.0%
Net margin n/a n/a −91,257.8% −219.4% −303.4%
Free cash flow margin n/a n/a −220,856.8% −147.6% −204.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−0.5Fiscal year 2023Operating cash flow−1.5Buybacks−68.4Fiscal year 2023Operating cash flow−2.6Capital expenditure−0.0Free cash flow−2.6Buybacks−68.4Fiscal year 2024Operating cash flow−1.8Capital expenditure−0.0Free cash flow−1.8Buybacks−21.1Fiscal year 2025Operating cash flow−1.8Capital expenditure−0.0Free cash flow−1.8
FY2022FY2023FY2023FY2024FY2025
Operating cash flow −0.5 −1.5 −2.6 −1.8 −1.8
Capital expenditure n/a n/a −0.0 −0.0 −0.0
Free cash flow n/a n/a −2.6 −1.8 −1.8
Growth
Buybacks n/a −68.4 −68.4 −21.1 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2022Cash1.2Shareholders’ equity−2.0Fiscal year 2023Shareholders’ equity−2.4Fiscal year 2023Cash1.2Shareholders’ equity−3.6Fiscal year 2024Cash4.3Shareholders’ equity2.8Fiscal year 2025Cash2.1Shareholders’ equity2.6
FY2022FY2023FY2023FY2024FY2025
Cash 1.2 n/a 1.2 4.3 2.1
Shareholders’ equity −2.0 −2.4 −3.6 2.8 2.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 30 Nov 2022 FY2023 30 Nov 2023 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
n/a n/a 0.0 1.3 0.9
Growth +105,776.4% −30.8%
n/a n/a 0.3 0.7 0.4
n/a n/a 0.5 0.6 0.5
Growth +21.4% −23.6%
0.6 1.1 2.9 2.8 3.5
0.3 1.0 −0.7 −2.8 −2.6
0.2 0.4 0.4 n/a 0.0
0.1 0.5 −1.1 −2.7 −2.6
Growth +383.4% −296.9%
Per share
n/a n/a n/a −0.76 −0.40
n/a n/a n/a −0.76 −0.40
Growth
n/a n/a n/a 3.6 6.6
n/a n/a n/a 3.6 6.6
Growth +81.9%

† The diluted share count jumps at 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 3 of 5 years on file.