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Trading of Micware was halted at 09:30 AM EST due to "LULD Pause".

Micware (MWC) Financials

$1.11 -0.58 (-34.32%)
As of 04:00 PM Eastern
Annual Income Statements for Micware

Annual Income Statements for Micware

This table shows Micware's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2025 2026
Period end date 2/29/2024 2/28/2025 2/28/2026
Net Income / (Loss) Attributable to Common Shareholders		 9.53 9.15 10
Consolidated Net Income / (Loss)		 9.34 8.99 10
Net Income / (Loss) Continuing Operations		 9.34 8.99 10
Total Pre-Tax Income 		13 14 15
Total Operating Income		 13 14 15
Total Gross Profit		 36 49 52
Total Revenue		 117 140 140
Operating Revenue		 117 140 140
Total Cost of Revenue		 81 91 89
Operating Cost of Revenue		 81 91 89
Total Operating Expenses		 23 35 36
Selling, General & Admin Expense		 16 28 27
Research & Development Expense		 6.41 7.02 9.85
Total Other Income / (Expense), net		 0.31 -0.82 -0.27
Interest Expense		 0.25 0.33 0.27
Interest & Investment Income		 0.00 0.00 -0.58
Other Income / (Expense), net		 0.56 -0.49 0.59
Income Tax Expense		 3.60 4.53 4.50
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.19 -0.16 -0.11
Basic Earnings per Share		 $0.17 $0.17 $0.00
Weighted Average Basic Shares Outstanding		 53.04M 52.19M 56.07M
Diluted Earnings per Share		 $0.17 $0.17 $0.00
Weighted Average Diluted Shares Outstanding		 53.04M 52.19M 56.07M
Weighted Average Basic & Diluted Shares Outstanding		 - - 56.14M

Quarterly Income Statements for Micware

No quarterly income statements for Micware are available.

Annual Cash Flow Statements for Micware

This table details how cash moves in and out of Micware's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2025 2026
Period end date 2/29/2024 2/28/2025 2/28/2026
Net Change in Cash & Equivalents		 1.75 23 3.78
Net Cash From Operating Activities		 2.69 15 13
Net Cash From Continuing Operating Activities		 2.69 15 13
Net Income / (Loss) Continuing Operations		 9.34 8.99 10
Consolidated Net Income / (Loss)		 9.34 8.99 10
Depreciation Expense		 2.83 2.93 2.75
Amortization Expense		 4.35 6.17 7.41
Non-Cash Adjustments To Reconcile Net Income		 -16 7.57 -9.25
Changes in Operating Assets and Liabilities, net		 2.55 -11 2.01
Net Cash From Investing Activities		 -1.46 -4.20 -5.09
Net Cash From Continuing Investing Activities		 -1.46 -4.20 -5.09
Purchase of Property, Plant & Equipment		 -1.30 -4.21 -1.87
Purchase of Investments		 -0.33 -0.00 -1.93
Sale of Property, Plant & Equipment		 0.00 0.01 0.01
Sale and/or Maturity of Investments		 0.17 0.00 0.00
Other Investing Activities, net		 0.00 0.00 -1.31
Net Cash From Financing Activities		 0.26 13 -4.78
Net Cash From Continuing Financing Activities		 0.26 13 -4.78
Repayment of Debt		 -29 -14 -13
Repurchase of Common Equity		 -17 0.00 0.00
Issuance of Debt		 36 22 7.69
Issuance of Common Equity		 11 5.15 0.96
Other Financing Activities, net		 0.00 -0.57 -0.91
Effect of Exchange Rate Changes		 0.26 -0.00 0.36
Cash Interest Paid		 0.25 0.36 0.46
Cash Income Taxes Paid		 4.52 5.42 6.95

Quarterly Cash Flow Statements for Micware

No quarterly cash flow statements for Micware are available.

Annual Balance Sheets for Micware

This table presents Micware's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2025 2026
Period end date 2/28/2025 2/28/2026
Total Assets		 153 157
Total Current Assets		 93 93
Cash & Equivalents		 51 53
Accounts Receivable		 17 12
Inventories, net		 0.32 0.12
Current Deferred & Refundable Income Taxes		 2.29 0.03
Other Current Assets		 23 28
Plant, Property, & Equipment, net		 12 12
Total Noncurrent Assets		 47 52
Long-Term Investments		 1.46 2.03
Goodwill		 1.31 1.53
Intangible Assets		 0.58 1.33
Noncurrent Deferred & Refundable Income Taxes		 4.56 6.59
Other Noncurrent Operating Assets		 39 40
Total Liabilities & Shareholders' Equity		 153 157
Total Liabilities		 107 101
Total Current Liabilities		 49 56
Short-Term Debt		 12 18
Accounts Payable		 11 9.01
Accrued Expenses		 8.97 8.90
Current Deferred & Payable Income Tax Liabilities		 6.12 3.40
Other Current Liabilities		 11 17
Total Noncurrent Liabilities		 59 45
Long-Term Debt		 28 16
Noncurrent Deferred & Payable Income Tax Liabilities		 0.00 0.39
Other Noncurrent Operating Liabilities		 31 28
Commitments & Contingencies		 0.00 0.00
Redeemable Noncontrolling Interest		 0.47 2.51
Total Equity & Noncontrolling Interests		 45 53
Total Preferred & Common Equity		 43 51
Total Common Equity		 43 51
Common Stock		 9.34 9.47
Retained Earnings		 37 44
Treasury Stock		 -3.25 -2.63
Accumulated Other Comprehensive Income / (Loss)		 0.46 0.76
Noncontrolling Interest		 1.22 1.36

Quarterly Balance Sheets for Micware

No quarterly balance sheets for Micware are available.

Annual Metrics And Ratios for Micware

This table displays calculated financial ratios and metrics derived from Micware's official financial filings.

Metric 2024 2025 2026
Period end date 2/29/2024 2/28/2025 2/28/2026
DEI Shares Outstanding		 0.00 0.00 0.00
DEI Adjusted Shares Outstanding		 0.00 0.00 0.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.00 0.00
Growth Metrics		 - - -
Revenue Growth		 0.00% 19.97% 0.08%
EBITDA Growth		 0.00% 12.76% 12.83%
EBIT Growth		 0.00% 5.05% 13.66%
NOPAT Growth		 0.00% 4.67% 10.78%
Net Income Growth		 0.00% -3.71% 15.43%
EPS Growth		 0.00% -1.86% -99.29%
Operating Cash Flow Growth		 0.00% 450.37% -10.17%
Free Cash Flow Firm Growth		 0.00% 0.00% 136.24%
Invested Capital Growth		 0.00% 0.00% 6.88%
Revenue Q/Q Growth		 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00%
Profitability Metrics		 - - -
Gross Margin		 30.39% 34.99% 36.77%
EBITDA Margin		 17.42% 16.37% 18.46%
Operating Margin		 10.80% 10.23% 10.80%
EBIT Margin		 11.28% 9.88% 11.22%
Profit (Net Income) Margin		 7.99% 6.41% 7.40%
Tax Burden Percent		 72.18% 66.50% 69.74%
Interest Burden Percent		 98.13% 97.63% 94.55%
Effective Tax Rate		 27.82% 33.50% 30.26%
Return on Invested Capital (ROIC)		 0.00% 58.66% 31.41%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 67.39% 32.54%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -18.72% -10.70%
Return on Equity (ROE)		 0.00% 39.94% 20.71%
Cash Return on Invested Capital (CROIC)		 0.00% -141.34% 24.76%
Operating Return on Assets (OROA)		 0.00% 9.08% 10.18%
Return on Assets (ROA)		 0.00% 5.90% 6.71%
Return on Common Equity (ROCE)		 0.00% 38.43% 19.56%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 9.11 9.54 11
NOPAT Margin		 7.80% 6.80% 7.53%
Net Nonoperating Expense Percent (NNEP)		 0.00% -8.74% -1.13%
Return On Investment Capital (ROIC_SIMPLE)		 - 11.23% 12.11%
Cost of Revenue to Revenue		 69.61% 65.01% 63.24%
SG&A Expenses to Revenue		 14.10% 19.75% 18.95%
R&D to Revenue		 5.49% 5.01% 7.02%
Operating Expenses to Revenue		 19.59% 24.76% 25.97%
Earnings before Interest and Taxes (EBIT)		 13 14 16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 20 23 26
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.00 0.53 0.44
Price to Tangible Book Value (P/TBV)		 0.00 0.55 0.47
Price to Revenue (P/Rev)		 0.20 0.16 0.16
Price to Earnings (P/E)		 2.39 2.49 2.17
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 41.80% 40.12% 45.99%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.38 0.18
Enterprise Value to Revenue (EV/Rev)		 0.00 0.09 0.04
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.54 0.24
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.90 0.40
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 1.31 0.59
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.84 0.47
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.75
Leverage & Solvency		 - - -
Debt to Equity		 0.00 0.90 0.63
Long-Term Debt to Equity		 0.00 0.63 0.30
Financial Leverage		 0.00 -0.28 -0.33
Leverage Ratio		 0.00 3.39 3.08
Compound Leverage Factor		 0.00 3.31 2.92
Debt to Total Capital		 0.00% 47.26% 38.48%
Short-Term Debt to Total Capital		 0.00% 14.03% 20.16%
Long-Term Debt to Total Capital		 0.00% 33.23% 18.32%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 1.99% 4.31%
Common Equity to Total Capital		 0.00% 50.75% 57.21%
Debt to EBITDA		 0.00 1.76 1.33
Net Debt to EBITDA		 0.00 -0.52 -0.79
Long-Term Debt to EBITDA		 0.00 1.24 0.63
Debt to NOPAT		 0.00 4.23 3.27
Net Debt to NOPAT		 0.00 -1.26 -1.93
Long-Term Debt to NOPAT		 0.00 2.97 1.56
Altman Z-Score		 0.00 2.04 2.04
Noncontrolling Interest Sharing Ratio		 0.00% 3.77% 5.55%
Liquidity Ratios		 - - -
Current Ratio		 0.00 1.92 1.66
Quick Ratio		 0.00 1.39 1.15
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 0.00 -23 8.33
Operating Cash Flow to CapEx		 206.49% 352.40% 717.48%
Free Cash Flow to Firm to Interest Expense		 0.00 -69.94 30.38
Operating Cash Flow to Interest Expense		 10.90 45.04 48.49
Operating Cash Flow Less CapEx to Interest Expense		 5.62 32.26 41.73
Efficiency Ratios		 - - -
Asset Turnover		 0.00 0.92 0.91
Accounts Receivable Turnover		 0.00 8.32 9.79
Inventory Turnover		 0.00 282.34 399.72
Fixed Asset Turnover		 0.00 11.24 11.54
Accounts Payable Turnover		 0.00 8.32 8.89
Days Sales Outstanding (DSO)		 0.00 43.87 37.30
Days Inventory Outstanding (DIO)		 0.00 1.29 0.91
Days Payable Outstanding (DPO)		 0.00 43.90 41.08
Cash Conversion Cycle (CCC)		 0.00 1.26 -2.86
Capital & Investment Metrics		 - - -
Invested Capital		 0.00 33 35
Invested Capital Turnover		 0.00 8.62 4.17
Increase / (Decrease) in Invested Capital		 0.00 33 2.24
Enterprise Value (EV)		 0.00 12 6.23
Market Capitalization		 23 23 23
Book Value per Share		 $0.00 $0.83 $0.92
Tangible Book Value per Share		 $0.00 $0.79 $0.86
Total Capital		 0.00 85 90
Total Debt		 0.00 40 35
Total Long-Term Debt		 0.00 28 16
Net Debt		 0.00 -12 -20
Capital Expenditures (CapEx)		 1.30 4.20 1.85
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 5.79 2.03
Debt-free Net Working Capital (DFNWC)		 0.00 57 55
Net Working Capital (NWC)		 0.00 45 37
Net Nonoperating Expense (NNE)		 -0.22 0.55 0.19
Net Nonoperating Obligations (NNO)		 0.00 -13 -20
Total Depreciation and Amortization (D&A)		 7.17 9.11 10
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 4.13% 1.45%
Debt-free Net Working Capital to Revenue		 0.00% 40.45% 39.17%
Net Working Capital to Revenue		 0.00% 31.91% 26.28%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 56.07M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 56.07M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 56.14M
Normalized Net Operating Profit after Tax (NOPAT)		 9.11 9.54 11
Normalized NOPAT Margin		 7.80% 6.80% 7.53%
Pre Tax Income Margin		 11.07% 9.64% 10.61%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 53.44 42.14 57.41
NOPAT to Interest Expense		 36.94 29.02 38.53
EBIT Less CapEx to Interest Expense		 48.16 29.36 50.65
NOPAT Less CapEx to Interest Expense		 31.66 16.24 31.77
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 187.10% 0.00% 0.00%

Quarterly Metrics And Ratios for Micware

No quarterly metrics and ratios for Micware are available.


Financials Breakdown Chart

Micware Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Micware's financial year ends in February. Their financial year 2026 ended on February 28, 2026.

Micware's net income appears to be on an upward trend, with a most recent value of $10.38 million in 2026, rising from $9.34 million in 2024. The previous period was $8.99 million in 2025.

Micware's total operating income in 2026 was $15.15 million, based on the following breakdown:
  • Total Gross Profit: $51.59 million
  • Total Operating Expenses: $36.44 million

Over the last 2 years, Micware's total revenue changed from $116.86 million in 2024 to $140.31 million in 2026, a change of 20.1%.

Micware's total liabilities were at $101.42 million at the end of 2026, a 5.6% decrease from 2025, and a 5.6% decrease since 2025.

In the past 1 years, Micware's cash and equivalents has ranged from $50.92 million in 2025 to $52.93 million in 2026, and is currently $52.93 million as of their latest financial filing in 2026.

Over the last 2 years, Micware's book value per share changed from 0.00 in 2024 to 0.92 in 2026, a change of 91.5%.



Financial statements for NASDAQ:MWC last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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