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Stocks Comparison

DSwiss vs Karbon-X: revenue, profit, margins and growth compared

DSwiss brought in $2.9M of revenue in fiscal 2025, Karbon-X $55.9M in fiscal 2026. Revenue changed by -6.2% at DSwiss and +1,665.6% at Karbon-X on the year before, so Karbon-X grew faster. DSwiss kept -2.6% of its revenue as net profit, Karbon-X -24.3%. Free cash flow was -$135.3K at DSwiss and -$7.9M at Karbon-X.

Side by side, latest fiscal year

DQWSKARX
Fiscal year endedFY2025 (December 31, 2025)FY2026 (May 31, 2026)
Revenue$2.9M$55.9M
Revenue growth-6.2%+1,665.6%
Net income-$76.9K-$13.6M
Net margin-2.6%-24.3%
Free cash flow-$135.3K-$7.9M
Free cash flow margin-4.6%-14.1%
Earnings per share (diluted)-$0.00-$0.16
Cash$285K$1.2M
Debtn/a$4.9M
Price to earningsn/an/a
Market value$16.6M$14.8M
Dividend yieldn/an/a
Rank by revenue in sector#140 of 154 · Consumer staples#101 of 154 · Consumer staples

Over the years

Revenue
DQWS FY2018: $220.1KDQWS FY2019: $273.7KDQWS FY2020: $1.3MDQWS FY2021: $2MDQWS FY2022: $1.8MDQWS FY2023: $1.5MDQWS FY2024: $3.1MDQWS FY2025: $2.9MKARX FY2019: $0KARX FY2020: $0KARX FY2021: $0KARX FY2022: $0KARX FY2023: $9.8KKARX FY2024: $412.1KKARX FY2025: $3.2MKARX FY2026: $55.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
DQWS $2.9MKARX $55.9M
Net income
DQWS FY2018: -$371.3KDQWS FY2019: -$295.5KDQWS FY2020: $27.2KDQWS FY2021: $150.1KDQWS FY2022: -$2.9KDQWS FY2023: -$49.5KDQWS FY2024: $22.2KDQWS FY2025: -$76.9KKARX FY2019: -$15.3KKARX FY2020: -$36.5KKARX FY2021: -$30.7KKARX FY2022: -$234.7KKARX FY2023: -$2MKARX FY2024: -$2.7MKARX FY2025: -$7.1MKARX FY2026: -$13.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
DQWS -$76.9KKARX -$13.6M
Net margin
DQWS FY2018: -168.7%DQWS FY2019: -108.0%DQWS FY2020: 2.0%DQWS FY2021: 7.7%DQWS FY2022: -0.2%DQWS FY2023: -3.4%DQWS FY2024: 0.7%DQWS FY2025: -2.6%KARX FY2023: -20,216.4%KARX FY2024: -666.1%KARX FY2025: -222.9%KARX FY2026: -24.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
DQWS -2.6%KARX -24.3%
Revenue growth
DQWS FY2019: +24.3%DQWS FY2020: +392.5%DQWS FY2021: +45.3%DQWS FY2022: -5.6%DQWS FY2023: -20.5%DQWS FY2024: +111.8%DQWS FY2025: -6.2%KARX FY2024: +4,090.6%KARX FY2025: +667.8%KARX FY2026: +1,665.6%FY19FY20FY21FY22FY23FY24FY25FY26
DQWS -6.2%KARX +1,665.6%
Free cash flow
DQWS FY2018: -$334KDQWS FY2019: -$181.8KDQWS FY2020: $56.9KDQWS FY2021: $189.6KDQWS FY2022: $8.1KDQWS FY2023: $44.9KDQWS FY2024: $77KDQWS FY2025: -$135.3KKARX FY2022: -$187.8KKARX FY2023: -$1.5MKARX FY2024: -$1.1MKARX FY2025: -$6.5MKARX FY2026: -$7.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
DQWS -$135.3KKARX -$7.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about DSwiss and Karbon-X

Which is bigger by revenue, DSwiss or Karbon-X?

Karbon-X is bigger by revenue: $55.9M in fiscal 2026, against $2.9M for DSwiss in fiscal 2025.

Which keeps more of its revenue as profit, DSwiss or Karbon-X?

DSwiss had a net margin of -2.6% in fiscal 2025; Karbon-X had -24.3% in fiscal 2026.

Which grew revenue faster, DSwiss or Karbon-X?

In their latest fiscal years revenue changed by -6.2% at DSwiss and +1,665.6% at Karbon-X.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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