DSwiss Inc (DQWS)
DSwiss, Inc. is a biotech-nutraceutical company that supplies a comprehensive range of health and beauty products. Its market reach extends across Malaysia, Singapore, Indonesia, Taiwan, Macau, Hong Kong, and China. The company's product line includes specialized items like DSwiss coffee, targeting digestive well-being, and DSwiss kiwi, formulated to boost the immune system, improve skin tone, help manage blood pressure, and minimize the risk of heart disease and stroke. DSwiss Triple SC focuses on stem cell-related benefits. For skincare, DSwiss offers the DSwiss silk mask, designed for dry, damaged, and sensitive skin; the DSwiss coffee slimming scrub, a natural body exfoliant for removing impurities; the cooling DSwiss peppermint slimming gel; the DSwiss new age essence, which provides nutrients to moisturize, brighten, and refresh tired-looking skin; and the DSwiss enlighten essence cream, a light, nourishing formula. DSwiss also provides medical eyewear under the name DSwiss BioSpec. Its broader health offerings include Genmune-Pro, which strengthens the human immune system by enhancing digestive health; SkinEra, a solution for various skin conditions such as acne, pimples, atopic dermatitis, dry skin, and allergic rashes; SensiBath gel; and SuiSu hand purifiers, sanitizers, and air sanitizers. Specialized supplements include MasterLiv for liver support, MasterHeart for maintaining optimal heart health and smooth blood circulation, and WellG, which delivers essential nutrients for sugar metabolism and energy production. In addition to its product range, DSwiss, Inc. offers diagnostic and analytical equipment. This includes the DSwiss quantum magnetic analyzer, a device that interprets body energy fields to assess health status and offer recommendations, and an AI skin analyzer machine, a facial camera designed to collect skin image data. The company also provides turnkey private label manufacturing services and DNA microarray genotyping services. Furthermore, DSwiss supplies a variety of medical consumables, such as surgical gowns and gloves, 3-ply face masks, N95 masks, protective goggles, body infrared thermometers, disposable bedsheets, and stretcher covers. DSwiss, Inc. was incorporated in 2015 and is headquartered in Kuala Lumpur, Malaysia.
Sector: Perfumes, Cosmetics & Other Toilet Preparations
Industry: Household & Personal Products
DSwiss, Inc.
No splits on record
Nothing in DQWS's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $2.92M | $3.11M | $1.47M | $1.85M | $1.96M | $1.35M | $274K | $220K | $181K | $137K | $155K | $458K | $521K |
| YoY Growth | -6.2% | 111.8% | -20.5% | -5.6% | 45.3% | 392.5% | 24.3% | 21.3% | 32.2% | -11.5% | -66.2% | -12.0% | - |
| Cost of Revenue | $2.36M | $2.49M | $1.11M | $1.4M | $1.46M | $980K | $182K | $178K | $36K | $65K | $84K | $194K | $190K |
| Gross Profit | $565K | $623K | $359K | $445K | $499K | $367K | $92K | $42K | $145K | $72K | $71K | $264K | $330K |
| Gross Margin | 19.3% | 20.0% | 24.4% | 24.1% | 25.5% | 27.3% | 33.5% | 19.0% | 80.1% | 52.7% | 45.8% | 57.6% | 63.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $650K | $604K | $411K | $445K | $353K | $333K | $290K | $237K | $205K | $395K | $80K | $225K | $269K |
| Other | $1K | $0 | $0 | $1K | $1K | $1K | $151K | $185K | $966 | $13 | $107 | $0 | $0 |
| Total Operating Expenses | $651K | $604K | $368K | $446K | $355K | $335K | $441K | $421K | $205K | $395K | $80K | $246K | $284K |
| Operating Income (EBIT) | -$86K | $20K | -$53K | $4K | $153K | $138K | -$286K | -$379K | -$59K | -$323K | -$9K | $18K | $46K |
| Operating Margin | -2.9% | 0.6% | -3.6% | 0.2% | 7.8% | 10.2% | -104.5% | -172.4% | -32.6% | -235.2% | -5.9% | 3.9% | 8.8% |
| Interest Expense | $14K | $2K | $3K | $6K | $3K | $3K | $2K | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $25K | $12K | $4K | -$1K | $6K | -$3K | -$2K | -$38K | -$59K | -$23K | -$120K | -$21K | -$15K |
| Income Before Tax (EBT) | -$61K | $30K | -$49K | -$2K | $150K | $30K | -$295K | -$371K | -$285K | $516K | -$129K | $18K | $46K |
| Income Tax Expense | $16K | $8K | $657 | $516 | $176 | $3K | $0 | $16K | $966 | $1.03M | -$26 | $424 | $1K |
| Net Income | -$77K | $22K | -$50K | -$14K | $173K | $27K | -$352K | -$351K | -$284K | -$508K | -$129K | $17K | $45K |
| Net Income Margin | -2.6% | 0.7% | -3.4% | -0.8% | 8.9% | 2.0% | -128.6% | -159.6% | -156.8% | -370.4% | -83.4% | 3.8% | 8.6% |
| Supplementary Data | |||||||||||||
| EPS | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 |
| Diluted EPS | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 |
| Weighted Average OS | 206.90M | 206.90M | 206.90M | 206.90M | 206.90M | 206.90M | 206.90M | 206.90M | 206.43M | 203.46M | 205.34M | 206.90M | 206.90M |
| EBITDA | $18K | $50K | $20K | $77K | $219K | $202K | -$227K | -$347K | -$259K | -$496K | -$111K | $38K | $60K |
| EBITDA Margin | 0.6% | 1.6% | 1.4% | 4.2% | 11.2% | 15.0% | -83.1% | -157.4% | -142.6% | -361.4% | -71.5% | 8.4% | 11.5% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $285K | $397K | $249K | $214K | $235K | $158K | $48K | $189K | $499K | $783K | $437K | $34K | $100K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $520 | $553 |
| Cash and Short-Term Investments | $285K | $397K | $249K | $214K | $235K | $158K | $48K | $189K | $499K | $783K | $437K | $34K | $101K |
| Accounts Receivable | $21K | $75K | $42K | $18K | $3K | $10K | $10K | $32K | $21K | $4K | $8K | $1K | $9K |
| Inventory | $2K | $3K | $7K | $7K | $17K | $38K | $17K | $15K | $19K | $34K | $2K | $17K | $16K |
| Other Current Assets | $15K | $20K | $17K | $20K | $53K | $32K | $118K | $35K | $65K | $452 | $424 | $618 | $553 |
| Total Current Assets | $332K | $498K | $317K | $262K | $308K | $239K | $200K | $277K | $607K | $837K | $451K | $55K | $127K |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $345K | $137K | $48K | $117K | $186K | $100K | $160K | $93K | $57K | $75K | $43K | $68K | $53K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $409 | $1K | $2K | $3K | $4K | $6K | $7K | $10K | $10K | $10K | $3K | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$120K | $0 | -$105K | -$166K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $345K | $138K | $51K | $120K | $190K | $105K | $166K | $103K | $67K | $85K | $46K | $68K | $53K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $677K | $636K | $367K | $382K | $498K | $344K | $366K | $379K | $673K | $922K | $496K | $123K | $180K |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $113K | $153K | $99K | $30K | $11K | $1K | $458 | $28K | $4K | $5K | $2K | $1K | $4K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $638K | $0 | $0 | $0 |
| Current Income Tax Payable | $2K | $108 | $0 | $0 | $175 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $230K | $115K | $100K | $0 | $279K | $295K | $63K | $51K | $37K | $39K | $43K | $49K |
| Total Current Liabilities | $465K | $484K | $295K | $245K | $319K | $382K | $382K | $129K | $74K | $705K | $58K | $60K | $131K |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $214K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $221K | $78K | $16K | $38K | $105K | $32K | $89K | $49K | $12K | $15K | $214K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $686K | $562K | $311K | $284K | $424K | $414K | $470K | $178K | $86K | $720K | $271K | $60K | $131K |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $21K | $21K | $21K | $21K | $21K | $21K | $21K | $21K | $21K | $20K | $20K | $0 | $0 |
| Retained Earnings | -$1.46M | -$1.39M | -$1.41M | -$1.32M | -$1.31M | -$1.48M | -$1.49M | -$1.2M | -$854K | -$569K | -$61K | $68K | $51K |
| Comprehensive Income & Other | $39K | $46K | $50K | -$6K | -$33K | -$28K | -$35K | -$21K | -$7K | -$38K | -$13K | -$5K | -$2K |
| Other Stockholders' Equity | $1.43M | $1.44M | $1.45M | $1.39M | $1.36M | $1.37M | $1.36M | $1.37M | $1.39M | $719K | $266K | -$5K | -$2K |
| Total Equity | -$9K | $74K | $56K | $86K | $73K | -$95K | -$109K | $190K | $555K | $170K | $225K | $63K | $49K |
| Minority Interest | $0 | $0 | $0 | $12K | $589 | $26K | $5K | $12K | $32K | $33K | $0 | $0 | $0 |
| Total Liabilities and Equity | $677K | $636K | $367K | $370K | $498K | $319K | $361K | $367K | $641K | $890K | $496K | $123K | $180K |
| Supplementary Data | |||||||||||||
| Total Debt | $282K | $106K | $37K | $100K | $167K | $90K | $142K | $56K | $16K | $656K | $214K | $0 | $0 |
| Net Debt | -$3K | -$291K | -$212K | -$115K | -$67K | -$68K | $93K | -$132K | -$483K | -$127K | -$224K | -$34K | -$100K |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$77K | $30K | -$50K | -$2K | $150K | $30K | -$295K | -$351K | -$284K | -$508K | -$129K | $17K | $45K |
| Depreciation & Amortization | $65K | $19K | $66K | $73K | $66K | $64K | $66K | $25K | $27K | $20K | $19K | $21K | $14K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $62K | -$22K | $26K | -$16K | $7K | -$638 | $3K | -$2K | -$3K | $13K | -$8K | $8K | -$8K |
| Inventory | $1K | $4K | $329 | $9K | $20K | -$20K | -$2K | $4K | $17K | -$32K | $13K | -$2K | -$9K |
| Accounts Payable | -$55K | $32K | $25K | $15K | $10K | $745 | -$27K | $24K | $2K | -$3K | $442 | $0 | $0 |
| Other Working Capital | -$59K | $127K | -$24K | -$56K | $2K | -$125K | $42K | $66K | -$104K | -$32K | $7K | -$69K | $58K |
| Total Working Capital Change | -$51K | $141K | $28K | -$48K | $38K | -$146K | $16K | $92K | -$88K | -$55K | $13K | -$62K | $40K |
| Other Non-Cash Items | -$31K | -$7K | $419 | -$822 | -$3K | $111K | $34K | $7K | $38K | $55K | $31K | -$4K | $2K |
| Net Cash from Operating | -$94K | $183K | $45K | $22K | $252K | $59K | -$180K | -$250K | -$346K | -$550K | -$98K | -$29K | $101K |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$41K | -$106K | -$373 | -$14K | -$62K | -$2K | -$2K | -$84K | -$2K | -$63K | -$8K | -$39K | -$54K |
| Acquisitions | $33K | $0 | $0 | $0 | $0 | $0 | $0 | $19K | $0 | $41K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $291 | $1 | $0 | $0 | $0 | $0 | $19K | -$1K | -$8K | -$3K | $0 | $0 |
| Net Cash from Investing | -$8K | -$105K | -$372 | -$14K | -$62K | -$2K | -$2K | -$65K | -$2K | -$21K | -$8K | -$39K | -$54K |
| Financing Activities | |||||||||||||
| Debt Repaid | $35K | -$68K | $16K | $16K | -$34K | $8K | $7K | -$41K | $642K | -$443K | -$214K | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $638K | $478K | $300K | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | -$38K | -$70K | $113K | $85K | $669 | $19K | $60K | $171 | $0 | -$49K |
| Net Cash from Financing | -$35K | $68K | -$16K | -$54K | -$79K | $105K | $78K | $42K | $16K | $940K | $513K | $0 | -$49K |
| Forex Effect | $25K | $3K | $6K | $26K | -$34K | -$52K | -$37K | -$36K | $47K | -$22K | -$4K | $1K | -$441 |
| Net Change in Cash | -$112K | $148K | $35K | -$20K | $77K | $110K | -$140K | -$310K | -$284K | $346K | $403K | -$67K | -$3K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | -$94K | $183K | $45K | $22K | $252K | $59K | -$180K | -$250K | -$346K | -$550K | -$98K | -$29K | $101K |
| Capital Expenditure | -$41K | -$106K | -$373 | -$14K | -$62K | -$2K | -$2K | -$84K | -$2K | -$63K | -$8K | -$39K | -$54K |
| Free Cash Flow | -$135K | $77K | $45K | $8K | $190K | $57K | -$182K | -$334K | -$348K | -$613K | -$106K | -$68K | $47K |
| Cash at Beginning | $397K | $249K | $214K | $235K | $158K | $48K | $189K | $499K | $783K | $437K | $34K | $100K | $103K |
| Cash at End | $285K | $397K | $249K | $214K | $235K | $158K | $48K | $189K | $499K | $783K | $437K | $34K | $100K |