NASDAQ : JWEL
Jowell Global Ltd. — Financial statements
Consumer Discretionary · Internet Retail · China
Last price 2.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.04M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Jowell Global Ltd. (JWEL) reported revenue of 165.00M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 165.00M | 165.00M | 132.98M | 160.01M | 209.98M | 170.91M |
| Cost of Revenue | 153.47M | 153.47M | 131.72M | 156.74M | 203.74M | 159.26M |
| Gross Profit | 11.53M | 11.53M | 1.26M | 3.27M | 6.24M | 11.65M |
| Selling, General & Admin | 16.56M | 16.56M | 9.35M | 14.16M | 18.28M | 18.65M |
| Operating Expenses | 16.56M | 16.56M | 9.35M | 14.16M | 18.28M | 18.65M |
| Operating Income | -5.02M | -5.02M | -8.09M | -10.89M | -12.04M | -6.99M |
| Interest Expense | -29.72K | -76.05K | -117.07K | -92.26K | ||
| Interest & Investment Income | 301.78K | |||||
| Other Non Operating Income (Expenses) | 199.02K | 199.02K | 313.60K | 75.63K | 235.03K | 203.39K |
| EBT Excluding Unusual Items | -4.82M | -4.82M | -7.81M | -10.89M | -11.92M | -6.58M |
| Gain (Loss) on Sale of Investments | -978.48K | -978.48K | -169.12K | -493.97K | -29.20K | |
| Pretax Income | -5.80M | -5.80M | -7.97M | -11.38M | -11.95M | -6.58M |
| Income Tax Expense | 478.48K | 478.48K | 28.08K | 135.12K | -420.16K | -190.52K |
| Earnings From Continuing Operations | -6.28M | -6.28M | -8.00M | -11.52M | -11.53M | -6.39M |
| Minority Interest in Earnings | -1.08K | -1.08K | 38.48K | 52.79K | -4.60K | |
| Net Income | -6.28M | -6.28M | -7.96M | -11.47M | -11.54M | -6.39M |
| Net Income to Common | -6.28M | -6.28M | -7.96M | -11.47M | -11.54M | -6.39M |
| Shares Outstanding (Basic) | 2.19M | 2.19M | 2.17M | 2.14M | 1.85M | 1.54M |
| Shares Outstanding (Diluted) | 2.19M | 2.19M | 2.17M | 2.14M | 1.85M | 1.54M |
| EPS (Basic) | -2.87 | -2.87 | -3.67 | -5.36 | -6.25 | -4.16 |
| EPS (Diluted) | -2.87 | -2.87 | -3.67 | -5.36 | -6.25 | -4.16 |
| Free Cash Flow | -1.54M | -1.54M | 672.59K | -13.50M | -12.65M | -19.59M |
| Free Cash Flow Per Share | -0.71 | -0.71 | 0.31 | -6.31 | -6.85 | -12.76 |
| Dividend Per Share | 0.21 | |||||
| Gross Margin | 6.99% | 6.99% | 0.95% | 2.04% | 2.97% | 6.82% |
| Operating Margin | -3.04% | -3.04% | -6.08% | -6.81% | -5.73% | -4.09% |
| Profit Margin | -3.81% | -3.81% | -5.99% | -7.17% | -5.49% | -3.74% |
| Free Cash Flow Margin | -0.94% | -0.94% | 0.51% | -8.44% | -6.03% | -11.46% |
| EBITDA | -4.89M | -4.89M | -7.68M | -10.62M | -11.93M | -6.89M |
| EBITDA Margin | -2.96% | -2.96% | -5.78% | -6.63% | -5.68% | -4.03% |
| D&A For EBITDA | 130.50K | 130.50K | 409.84K | 275.01K | 109.90K | 104.86K |
| EBIT | -5.02M | -5.02M | -8.09M | -10.89M | -12.04M | -6.99M |
| EBIT Margin | -3.04% | -3.04% | -6.08% | -6.81% | -5.73% | -4.09% |
| Revenue as Reported | 165.00M | 165.00M | 132.98M | 160.01M | 209.98M | 170.91M |
| Advertising Expenses | 1.06M | 1.06M | 235.50K | 1.42M | 2.14M | 3.29M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.74M | 2.74M | 2.18M | 1.25M | 13.72M | 18.25M |
| Cash & Short-Term Investments | 2.74M | 2.74M | 2.18M | 1.25M | 13.72M | 18.25M |
| Receivables | 78.25K | 78.25K | 2.04M | 2.45M | 6.49M | 5.45M |
| Inventory | 11.89M | 11.89M | 11.60M | 21.58M | 35.02M | 17.53M |
| Prepaid Expenses | 1.31M | 1.31M | 1.81M | 1.38M | 1.67M | 2.08M |
| Restricted Cash | 3.00M | 3.00M | ||||
| Total Current Assets | 16.01M | 16.01M | 17.63M | 26.66M | 59.90M | 46.31M |
| Property, Plant & Equipment | 1.72M | 1.72M | 2.62M | 2.70M | 4.41M | 5.81M |
| Long-Term Investments | 2.82M | 2.82M | 3.73M | 3.89M | 4.45M | 4.86M |
| Other Intangible Assets | 1.08M | 1.08M | 511.74K | 634.65K | 855.11K | 386.51K |
| Long-Term Deferred Tax Assets | 2.15K | 2.15K | 477.49K | 515.36K | 661.69K | 273.52K |
| Other Long-Term Assets | 265.05K | 265.05K | 882.60K | 895.77K | 919.72K | 1.09M |
| Total Assets | 21.89M | 21.89M | 25.85M | 35.30M | 71.20M | 58.73M |
| Accounts Payable | 2.13M | 2.13M | 2.38M | 3.96M | 8.14M | 7.39M |
| Accrued Expenses | 962.32K | 962.32K | 767.76K | 597.98K | 375.35K | 441.29K |
| Short-Term Debt | 423.57K | 2.46M | 2.67M | |||
| Current Portion of Leases | 657.89K | 657.89K | 702.46K | 942.99K | 1.18M | 1.32M |
| Current Income Taxes Payable | 70.00 | 70.00 | 2.62K | 6.17K | 6.66K | |
| Current Unearned Revenue | 2.60M | 2.60M | 2.37M | 2.36M | 18.47M | 2.15M |
| Other Current Liabilities | 3.20M | 3.20M | 1.20M | 768.15K | 1.00M | 1.07M |
| Total Current Liabilities | 9.55M | 9.55M | 7.41M | 9.05M | 31.64M | 15.05M |
| Long-Term Leases | 881.05K | 881.05K | 1.52M | 1.03M | 2.10M | 3.99M |
| Total Liabilities | 10.44M | 10.44M | 8.93M | 10.08M | 33.74M | 19.04M |
| Common Stock | 3.80K | 3.80K | 3.47K | 3.47K | 3.41K | 2.57K |
| Additional Paid-In Capital | 53.18M | 53.18M | 52.69M | 52.69M | 52.56M | 40.83M |
| Retained Earnings | -39.89M | -39.89M | -33.61M | -25.65M | -14.18M | -2.64M |
| Comprehensive Income & Other | -1.84M | -1.84M | -2.17M | -1.84M | -950.72K | 1.50M |
| Total Common Equity | 11.45M | 11.45M | 16.91M | 25.20M | 37.43M | 39.68M |
| Minority Interest | -1.07K | 11.59K | 33.47K | |||
| Shareholders' Equity | 11.45M | 11.45M | 16.91M | 25.21M | 37.47M | 39.68M |
| Total Liabilities & Equity | 21.89M | 21.89M | 25.85M | 35.30M | 71.20M | 58.73M |
| Total Debt | 1.54M | 1.54M | 2.22M | 2.40M | 5.74M | 7.98M |
| Net Cash (Debt) | 1.20M | 1.20M | -37.60K | -1.15M | 7.98M | 10.27M |
| Net Cash Per Share | 0.55 | 0.55 | -0.02 | -0.54 | 4.32 | 6.69 |
| Filing Date Shares Outstanding | 2.38M | 2.38M | 2.17M | 2.17M | 2.14M | 1.60M |
| Total Common Shares Outstanding | 2.38M | 2.38M | 2.17M | 2.17M | 2.13M | 1.60M |
| Working Capital | 6.46M | 6.46M | 10.22M | 17.61M | 28.26M | 31.26M |
| Book Value Per Share | 4.82 | 4.82 | 7.79 | 11.61 | 17.55 | 24.73 |
| Tangible Book Value | 10.38M | 10.38M | 16.40M | 24.57M | 36.58M | 39.30M |
| Tangible Book Value Per Share | 4.37 | 4.37 | 7.56 | 11.32 | 17.15 | 24.49 |
| Machinery | 681.84K | 681.84K | 497.82K | 503.67K | 509.27K | 511.79K |
| Construction In Progress | 403.01K | 495.55K | 80.33K | |||
| Leasehold Improvements | 380.62K | 380.62K | 528.72K | 184.38K | 260.95K | 83.08K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.28M | -6.28M | -7.96M | -11.47M | -11.54M | -6.39M |
| Depreciation & Amortization | 772.76K | 772.76K | 1.85M | 1.58M | 1.67M | 985.41K |
| Other Amortization | 80.97K | 80.97K | 121.02K | 204.07K | 253.75K | 80.63K |
| Loss (Gain) From Sale of Assets | 819.84K | 819.84K | 1.12M | |||
| Asset Writedown & Restructuring Costs | 96.95K | 49.85K | ||||
| Loss (Gain) From Sale of Investments | 978.48K | 978.48K | 105.46K | 478.40K | 29.20K | -143.85K |
| Stock-Based Compensation | 489.46K | 489.46K | 129.69K | 1.85M | 971.20K | |
| Provision & Write-off of Bad Debts | 441.95K | 441.95K | -335.79K | 169.14K | 579.94K | 451.13K |
| Other Operating Activities | 362.40K | 362.40K | 227.77K | -361.98K | 686.20K | 66.39K |
| Change in Accounts Receivable | 1.69M | 1.69M | 484.90K | 3.42M | -1.50M | -4.47M |
| Change in Inventory | -55.77K | -55.77K | 9.74M | 13.34M | -21.06M | -7.73M |
| Change in Accounts Payable | -311.36K | -311.36K | -1.75M | -3.99M | 1.61M | 869.70K |
| Change in Unearned Revenue | 170.94K | 170.94K | 50.15K | -15.71M | 16.93M | 401.23K |
| Change in Income Taxes | 14.58K | 14.58K | 13.91K | -41.67K | 64.38K | -982.11K |
| Change in Other Net Operating Assets | -700.25K | -700.25K | -2.97M | -1.30M | -1.57M | -2.15M |
| Operating Cash Flow | -1.53M | -1.53M | 790.18K | -13.49M | -11.99M | -18.03M |
| Capital Expenditures | -12.41K | -12.41K | -117.59K | -12.05K | -660.49K | -1.56M |
| Sale (Purchase) of Intangibles | -6.37K | -4.86K | -677.70K | -426.37K | ||
| Investment in Securities | -25.47K | -4.65M | ||||
| Investing Cash Flow | -12.41K | -12.41K | -123.96K | -42.38K | -1.34M | -6.64M |
| Short-Term Debt Issued | 2.56M | 2.56M | 403.25K | 779.49K | 2.59M | 2.64M |
| Total Debt Issued | 2.56M | 2.56M | 403.25K | 779.49K | 2.59M | 2.64M |
| Short-Term Debt Repaid | -569.48K | -569.48K | -421.25K | -2.41M | -2.53M | -1.11M |
| Total Debt Repaid | -569.48K | -569.48K | -421.25K | -2.41M | -2.53M | -1.11M |
| Net Debt Issued (Repaid) | 1.99M | 1.99M | -18.00K | -1.63M | 55.53K | 1.53M |
| Issuance of Common Stock | 9.88M | 25.69M | ||||
| Financing Cash Flow | 1.99M | 1.99M | -18.00K | -1.63M | 9.94M | 27.21M |
| Foreign Exchange Rate Adjustments | 107.75K | 107.75K | 286.42K | -300.62K | -1.14M | 464.90K |
| Net Cash Flow | 555.91K | 555.91K | 934.64K | -15.47M | -4.53M | 3.01M |
| Free Cash Flow | -1.54M | -1.54M | 672.59K | -13.50M | -12.65M | -19.59M |
| Free Cash Flow Margin | -0.94% | -0.94% | 0.51% | -8.44% | -6.03% | -11.46% |
| Free Cash Flow Per Share | -0.71 | -0.71 | 0.31 | -6.31 | -6.85 | -12.76 |
| Levered Free Cash Flow | 2.56M | 2.56M | 5.77M | -4.49M | -6.36M | -21.03M |
| Unlevered Free Cash Flow | 2.56M | 2.56M | 5.79M | -4.45M | -6.29M | -20.98M |
| Cash Interest Paid | 29.72K | 76.05K | 117.07K | 92.26K | ||
| Cash Income Tax Paid | 103.00 | 2.72K | 988.45K | |||
| Change in Working Capital | 803.20K | 803.20K | 5.57M | -4.27M | -5.52M | -14.06M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.08M | 4.99M | 6.73M | 4.57M | 14.13M | 548.90M |
| Enterprise Value | 3.88M | 315.28K | 7.89M | 5.75M | 13.80M | 529.80M |
| Last Close Price | 2.12 | 2.30 | 3.10 | 2.14 | 6.64 | 344.80 |
| PS Ratio | 0.03 | 0.03 | 0.05 | 0.03 | 0.07 | 3.21 |
| PB Ratio | 0.44 | 0.44 | 0.40 | 0.18 | 0.38 | 13.83 |
| P/TBV Ratio | 0.49 | 0.48 | 0.41 | 0.19 | 0.39 | 13.97 |
| P/FCF Ratio | 10.00 | |||||
| P/OCF Ratio | 8.52 | |||||
| EV/Sales Ratio | 0.02 | 0.00 | 0.06 | 0.04 | 0.07 | 3.10 |
| EV/FCF Ratio | 11.73 | |||||
| Debt / Equity Ratio | 0.13 | 0.13 | 0.13 | 0.10 | 0.15 | 0.20 |
| Debt / FCF Ratio | 3.30 | |||||
| Net Debt / Equity Ratio | -0.10 | -0.10 | 0.00 | 0.05 | -0.21 | -0.26 |
| Net Debt / EBITDA Ratio | 0.25 | 0.25 | -0.01 | -0.11 | 0.67 | 1.49 |
| Net Debt / FCF Ratio | 0.78 | 0.78 | 0.06 | -0.09 | 0.63 | 0.52 |
| Asset Turnover | 6.91 | 6.91 | 4.35 | 3.00 | 3.23 | 3.69 |
| Inventory Turnover | 13.07 | 13.07 | 7.94 | 5.54 | 7.75 | 11.53 |
| Quick Ratio | 0.29 | 0.29 | 0.57 | 0.41 | 0.64 | 1.57 |
| Current Ratio | 1.68 | 1.68 | 2.38 | 2.94 | 1.89 | 3.08 |
| Return on Equity (ROE) | -44.27% | -44.27% | -37.99% | -36.76% | -29.89% | -21.87% |
| Return on Assets (ROA) | -13.15% | -13.15% | -16.54% | -12.78% | -11.58% | -9.44% |
| Return on Invested Capital (ROIC) | -48.97% | -36.91% | -37.35% | -39.00% | -40.88% | -41.62% |
| Return on Capital Employed (ROCE) | -40.70% | -40.70% | -43.90% | -41.50% | -30.40% | -16.00% |
| Earnings Yield | -134.22% | -125.79% | -118.37% | -250.89% | -81.62% | -1.16% |
| FCF Yield | -30.63% | -30.91% | 10.00% | -295.45% | -89.53% | -3.57% |
| Dividend Yield | 6.77% | |||||
| Buyback Yield / Dilution | -0.73% | -0.73% | -1.38% | -15.90% | -20.33% | -21.46% |
| Total Shareholder Return | -0.73% | -0.73% | 5.39% | -15.90% | -20.33% | -21.46% |