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WNW

Meiwu Technology Company Limited

WNW

Meiwu Technology Company Limited • NASDAQ
$1.28 ▼ -13.51% (-0.20)
Market Cap $4.06 M
52w High $70.00
52w Low $0.95
Dividend Yield 0%
P/E 0.12
Volume 62.17K
Outstanding Shares 3.17M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $72.326K ▼ $1.342M ▲ $5.451M ▲ 7.536K% ▲ $11.19 ▲ $-1.208M ▼
Q2-2024 $86.159K ▼ $772.563K ▼ $-335.901K ▲ -389.862% ▲ $-2.13 ▲ $-711.775K ▲
Q4-2023 $294.186K ▼ $1.686M ▼ $-15.798M ▼ -5.37K% ▼ $-123.68 ▼ $-1.419M ▼
Q2-2023 $10.683M ▲ $2.414M ▼ $-267.911K ▲ -2.508% ▲ $-2.32 ▲ $85.199K ▼
Q4-2022 $9.812M $5.941M $-5.567M -56.734% $-76.51 $1.72M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $43.397M ▲ $60.945M ▲ $1.968M ▼ $59.376M ▲
Q2-2024 $3.184M ▼ $20.078M ▼ $11.364M ▼ $9.122M ▼
Q4-2023 $16.061M ▲ $20.584M ▼ $11.568M ▼ $9.414M ▼
Q2-2023 $15.784M ▼ $37.5M ▼ $12.658M ▼ $25.005M ▲
Q4-2022 $23.717M $37.996M $17.939M $20.208M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $5.451M ▲ $-1.211M ▲ $-943.376K ▼ $45.94M ▲ $-3.094M ▼ $-1.211M ▲
Q2-2024 $-335.901K ▲ $-12.854M ▼ $0 ▼ $27.665K ▼ $3.094M ▲ $-12.854M ▼
Q4-2023 $-15.798M ▼ $-7.089M ▼ $6.757M ▲ $119.726K ▼ $278.316K ▲ $-7.095M ▼
Q2-2023 $-267.911K ▲ $-333.642K ▼ $-6.763M ▼ $157.068K ▲ $-7.933M ▼ $-333.642K ▼
Q4-2022 $-5.567M $4.551M $999 $-4.793M $-749.352K $4.525M

Five-Year Company Overview

Income Statement

Income Statement The income statement shows an extremely small and shrinking revenue base, with no meaningful gross profit being generated. Recent years look more like a company in transition than a mature operating business. The slight move into profitability most recently appears driven more by cost-cutting and accounting items than by strong sales growth. Overall, the core business still does not show clear signs of scale or stable, recurring earnings, and results have swung around sharply when measured on a per‑share basis due to repeated reverse stock splits rather than underlying performance changes.

Balance Sheet

Balance Sheet The balance sheet is very small but relatively clean. Most assets are held in cash, with little to no financial debt, and shareholders’ equity remains positive, which is a basic strength. That said, the absolute level of resources is modest, which limits the company’s ability to absorb setbacks or fund major expansion on its own. The recent uptick in assets and equity from a very low base is encouraging, but it still leaves the company operating with a thin financial cushion.

Cash Flow

Cash Flow Cash flow from the core business has been slightly negative for several years, meaning operations are still consuming cash rather than generating it. Free cash flow mirrors this pattern because the company is not spending much on capital investments. This suggests an asset-light model, but it also means there has been limited reinvestment into physical or technological infrastructure. The key risk is that continued small but steady cash burn, even if modest, can gradually erode the company’s already limited cash reserves if the business does not start to scale.

Competitive Edge

Competitive Edge Meiwu operates in very tough arenas: online consumer goods, skincare, and communication-platform services, all of which are crowded with larger, well-funded competitors. Its earlier focus on “clean food” has largely given way to a new emphasis on functional skincare and technical services, so its market identity is still evolving. The company’s current edge seems to rest more on partnerships and marketing capabilities than on unique proprietary technology or strong brand recognition. This leaves its competitive position fragile and highly dependent on successful execution of the new strategy and on the strength of its partners.

Innovation and R&D

Innovation and R&D Innovation is being pursued mainly through business model changes and external collaborations rather than heavy in‑house research spending. The partnership to use artificial intelligence and data analytics for targeted marketing is a notable step, as is the communication platform service that can support automated messaging and customer engagement. However, publicly visible evidence of distinctive, defensible technology or standout skincare products is still limited. At this stage, the innovation story is more about potential—using data, digital marketing, and cross‑segment synergies—than about proven, scaled commercial successes.

Summary

Meiwu is a very small, transitioning company that has pivoted from online food to skincare and technical services, with financials that reflect early-stage or restructuring dynamics rather than a mature, scaled enterprise. The balance sheet is simple and mostly debt‑free, but financial resources are thin, and operations continue to consume modest amounts of cash. Strategically, the company is betting on functional skincare and data‑driven marketing, supported by a key technology partner, in markets that are highly competitive and dominated by much larger players. Future results will hinge on whether this pivot can translate into real revenue growth and positive cash flow before financial constraints and market pressures, including past listing‑compliance challenges, become more acute. Uncertainty remains high, both on the operational side and in terms of long‑term competitive differentiation.