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JE Cleantech vs Multi Ways: revenue, profit, margins and growth compared

JE Cleantech brought in $15.8M of revenue in fiscal 2025, Multi Ways $44.8M in fiscal 2025. Revenue changed by +11.8% at JE Cleantech and +44.1% at Multi Ways on the year before, so Multi Ways grew faster. JE Cleantech kept 15.9% of its revenue as net profit, Multi Ways -1.0%. Free cash flow was $1.4M at JE Cleantech and $6.2M at Multi Ways.

Side by side, latest fiscal year

JCSEMWG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$15.8M$44.8M
Revenue growth+11.8%+44.1%
Net income$2.5M-$433K
Net margin15.9%-1.0%
Free cash flow$1.4M$6.2M
Free cash flow margin9.2%13.7%
Earnings per share (diluted)$0.48-$0.11
Cash$7.7M$1.9M
Debtn/an/a
Price to earningsn/an/a
Market value$7.5M$6.5M
Dividend yieldn/an/a
Rank by revenue in sector#853 of 955 · Consumer discretionary#776 of 955 · Consumer discretionary

Over the years

Revenue
JCSE FY2021: $10.9MJCSE FY2022: $13.9MJCSE FY2023: $13.7MJCSE FY2024: $14.1MJCSE FY2025: $15.8MMWG FY2020: $29.9MMWG FY2022: $33.4MMWG FY2022: $38.4MMWG FY2023: $36MMWG FY2024: $31.1MMWG FY2025: $44.8MFY20FY21FY22FY23FY24FY25
JCSE $15.8MMWG $44.8M
Net income
JCSE FY2021: $1KJCSE FY2022: $889KJCSE FY2023: $393KJCSE FY2024: $25KJCSE FY2025: $2.5MMWG FY2020: $1.3MMWG FY2022: $1.8MMWG FY2022: $978KMWG FY2023: $1.8MMWG FY2024: -$2.9MMWG FY2025: -$433KFY20FY21FY22FY23FY24FY25
JCSE $2.5MMWG -$433K
Net margin
JCSE FY2021: 0.0%JCSE FY2022: 6.4%JCSE FY2023: 2.9%JCSE FY2024: 0.2%JCSE FY2025: 15.9%MWG FY2020: 4.4%MWG FY2022: 5.4%MWG FY2022: 2.5%MWG FY2023: 5.0%MWG FY2024: -9.2%MWG FY2025: -1.0%FY20FY21FY22FY23FY24FY25
JCSE 15.9%MWG -1.0%
Revenue growth
JCSE FY2022: +27.3%JCSE FY2023: -1.7%JCSE FY2024: +3.2%JCSE FY2025: +11.8%MWG FY2022: +11.8%MWG FY2022: +14.8%MWG FY2023: -6.1%MWG FY2024: -13.7%MWG FY2025: +44.1%FY22FY23FY24FY25
JCSE +11.8%MWG +44.1%
Free cash flow
JCSE FY2021: $1.9MJCSE FY2022: -$4.5MJCSE FY2023: $884KJCSE FY2024: $586KJCSE FY2025: $1.4MMWG FY2020: $1MMWG FY2022: $93KMWG FY2023: -$1.9MMWG FY2024: -$13.5MMWG FY2025: $6.2MFY20FY21FY22FY23FY24FY25
JCSE $1.4MMWG $6.2M

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

Questions about JE Cleantech and Multi Ways

Which is bigger by revenue, JE Cleantech or Multi Ways?

Multi Ways is bigger by revenue: $44.8M in fiscal 2025, against $15.8M for JE Cleantech in fiscal 2025.

Which keeps more of its revenue as profit, JE Cleantech or Multi Ways?

JE Cleantech had a net margin of 15.9% in fiscal 2025; Multi Ways had -1.0% in fiscal 2025.

Which grew revenue faster, JE Cleantech or Multi Ways?

In their latest fiscal years revenue changed by +11.8% at JE Cleantech and +44.1% at Multi Ways.

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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