NCEW revenueFY2025$44.08M
- FY YoY
- -15.5%
NCEW revenue was $44.08M for fiscal 2025 (ended Sep 30, 2025), down 15.5% from fiscal 2024. It rose in 1 of the last 3 fiscal years.
New Century Logistics (BVI) Limited (NCEW) financials
For fiscal 2025 (ended Sep 30, 2025), New Century Logistics (BVI) Limited reported $44.08M of revenue and -$10.67M of net income.
- Revenue, FY2025
- $44.08M
- Revenue growth, YoY
- -15.5%
- Net income, FY2025
- -$10.67M
- Net margin
- -24.2%
- Free cash flow, FY2025
- -$3.47M
- EPS, diluted, FY2025
- -$3.71
- Cash
- $645.9K
- P/S
- 1.20
- Market cap
- $52.8M
FY2022FY2025
FY2022FY2025
FY2022FY2025
NCEW revenue and earnings growth
NCEW net incomeFY2025-$10.67M
NCEW net income was -$10.67M for fiscal 2025 (ended Sep 30, 2025), compared with $220.6K in fiscal 2024.
NCEW EPSFY2025-$3.71
NCEW diluted EPS was -$3.71 for fiscal 2025 (ended Sep 30, 2025), compared with $0.09 in fiscal 2024.
NCEW free cash flowFY2025-$3.47M
NCEW free cash flow was -$3.47M for fiscal 2025 (ended Sep 30, 2025).
Income statement
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
|---|---|---|---|---|
| Revenue | $44.08M | $52.18M | $36.07M | $75.19M |
| Cost of revenue | $43.92M | $47.93M | $32.59M | $63.64M |
| Gross profit | $162.7K | $4.24M | $3.48M | $11.54M |
| Selling, general and admin | $11.00M | $3.77M | $2.96M | $3.30M |
| Operating income | -$10.84M | $470.3K | $522.5K | $8.24M |
| Interest expense | $20.5K | $25.2K | $11.8K | $81.9K |
| Pre-tax income | -$10.75M | $394.8K | $500.4K | $8.33M |
| Income tax | -$20.6K | $174.2K | $46.0K | $1.35M |
| Net income | -$10.67M | $220.6K | $454.4K | $6.98M |
| EPS, basic | -$3.71 | $0.09 | $0.18 | $0.35 |
| EPS, diluted | -$3.71 | $0.09 | $0.18 | $0.35 |
| Diluted shares | 2.9M | 2.5M | 2.5M | 20.0M |
Balance sheet
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $645.9K | $659.3K | $291.3K | - |
| Receivables | $11.77M | $13.24M | $11.46M | - |
| Current assets | $13.19M | $17.08M | $13.80M | - |
| Total assets | $14.53M | $18.45M | $15.80M | - |
| Current liabilities | $8.98M | $11.72M | $9.32M | - |
| Total liabilities | $9.30M | $12.24M | $9.81M | - |
| Shareholders' equity | $5.29M | $6.21M | $5.99M | $11.53M |
Cash flow
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
|---|---|---|---|---|
| Operating cash flow | -$3.42M | $1.43M | -$2.49M | $6.80M |
| Capital expenditures | $54.5K | - | - | $462.3K |
| Free cash flow | -$3.47M | - | - | $6.34M |
| Investing cash flow | -$54.5K | $218.1K | -$218.1K | -$462.3K |
| Financing cash flow | $3.78M | -$1.28M | $502.4K | -$5.79M |
| Dividends paid | - | - | $1.06M | $1.46M |
Key ratios
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | -15.5% | 44.6% | -52.0% | - |
| Net income growth, YoY | - | -51.4% | -93.5% | - |
| EPS growth, YoY | - | -50.0% | - | - |
| Gross margin | 0.4% | 8.1% | 9.7% | 15.4% |
| Operating margin | -24.6% | 0.9% | 1.4% | 11.0% |
| Net margin | -24.2% | 0.4% | 1.3% | 9.3% |
| Free cash flow margin | -7.9% | - | - | 8.4% |
| Return on equity | -201.8% | 3.6% | 7.6% | 60.6% |
| Return on assets | -73.5% | 1.2% | 2.9% | - |
| Current ratio | 1.47 | 1.46 | 1.48 | - |
Source: XBRL data New Century Logistics (BVI) Limited files with the SEC, latest filing dated Jun 8, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
NCEW peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| NCEW | $44.08M | -15.5% | -$10.67M | -24.2% | $52.8M |
| EXPD | $13.25B | +18.6% | $1.04B | 7.9% | $23.83B |
| CHRW | $18.22B | +10.4% | $668.81M | 3.7% | $14.53B |
| BCO | $5.52B | +7.3% | $164.70M | 3.0% | $4.54B |
| HUBG | $3.73B | -5.8% | $104.97M | 2.8% | $1.48B |
| FWRD | $2.52B | -0.1% | -$292.07M | -11.6% | $562.1M |
| RLGT | $934.36M | +3.5% | $18.79M | 2.0% | $417.6M |
| PSIG | $53.15M | -39.0% | -$15.21M | -28.6% | $78.1M |
| CRGO | $29.46M | +23.9% | -$17.52M | -59.5% | $34.2M |
NCEW FAQ
9 questionsWhat is NCEW revenue?
New Century Logistics (BVI) Limited (NCEW) reported $44.08M of revenue for fiscal 2025 (ended Sep 30, 2025). That is down 15.5% from the year before.Is NCEW profitable?
No. New Century Logistics (BVI) Limited reported a net loss of $10.67M for fiscal 2025 (ended Sep 30, 2025).How much cash and debt does NCEW have?
New Century Logistics (BVI) Limited reported $645.9K in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is NCEW revenue growing?
New Century Logistics (BVI) Limited's revenue changed -15.5% in fiscal 2025, to $44.08M.What is NCEW gross margin?
New Century Logistics (BVI) Limited's gross profit was $162.7K on $44.08M of revenue for fiscal 2025 (ended Sep 30, 2025), a gross margin of 0.4%.What is NCEW free cash flow?
New Century Logistics (BVI) Limited generated -$3.47M of free cash flow for fiscal 2025 (ended Sep 30, 2025), which is operating cash flow of -$3.42M less capital expenditures.What is NCEW earnings per share?
Diluted earnings per share were -$3.71 for fiscal 2025 (ended Sep 30, 2025), from SEC filings, restated for any stock split those filings show.When did NCEW last report financial results?
The latest statements here come from New Century Logistics (BVI) Limited's 20-F/A filed on Jun 8, 2026, covering the period ended Sep 30, 2025.Where does this NCEW financial data come from?
Quantisnow builds these statements from the structured XBRL data New Century Logistics (BVI) Limited files with the SEC. It is provided for information only and is not investment advice.