Monitor APWC's ability to stabilize margins and convert revenue growth into operating profit. The sharp decline in operating cash flow and rising inventory levels warrant attention. No guidance was issued, limiting forward visibility.
Price Chart
Executive Summary
APWC reported Q4 FY2025 revenue of $133.8M (down 2% YoY) and EPS of $0.17 (up 31% YoY). Full-year revenue grew 4% to $489.7M with EPS of $0.18 (up 6% YoY). Operating profit declined sharply (Q4 down 49% YoY, FY down 36% YoY) due to margin compression and higher SG&A, while net income benefited from a one-time investment disposal gain.
Key Financial Metrics
Key Facts
- Q4 revenue $133.8M, down 2% YoY; FY revenue $489.7M, up 4% YoY
- Q4 EPS $0.17, up 31% YoY; FY EPS $0.18, up 6% YoY
- Q4 operating profit $2.8M, down 49% YoY; FY operating profit $6.4M, down 36% YoY
- Q4 gross margin 8.2%, down from 9.1% a year ago
- Q4 net income $3.5M included a $0.7M one-time gain from investment disposal
- FY operating cash outflow $7.8M vs inflow $24.3M in prior year
- Inventory rose to $151.5M, up $24.7M YoY, reflecting advance procurement
- No guidance provided; no consensus estimates available for comparison
Financial Impact
Q4 operating profit halved YoY; full-year operating profit down 36% despite 4% revenue growth
Risk Factors
- Continued margin compression from unfavorable product mix and fixed-price public sector contracts
- Operating cash flow turned negative for the full year, raising working capital concerns
- Inventory buildup may signal demand softening or procurement mismanagement
- Reliance on one-time gains for net income growth is not sustainable
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3283821 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | 6-K | $1.36 $1.29 | ▼ −5.15% | ▼ −7.87% | $1.22 (−10.29%) |
Sep 14, 2026 6w ago | Press Release | $1.36 $1.29 | ▼ −5.15% | ▼ −7.87% | $1.22 (−10.29%) |
Aug 14, 2026 10w ago | 6-K | $1.52 $1.31 | ▼ −13.82% | ▼ −11.82% | $1.22 (−19.74%) |
Aug 14, 2026 10w ago | Press Release | $1.52 $1.31 | ▲ +13.82% | ▲ +11.82% | $1.22 (+19.74%) |
May 14, 2026 23w ago | 6-K | $1.42 $1.37 | ▼ −3.52% | ▼ −2.66% | $1.22 (−14.08%) |
May 14, 2026 23w ago | Press Release | $1.42 $1.37 | ▼ −3.52% | ▼ −2.66% | $1.22 (−14.08%) |
May 1, 2026 25w ago | 6-K | $1.53 $1.45 | ▼ −5.36% | ▼ −10.64% | $1.22 (−20.26%) |
Apr 29, 2026 25w ago | 20-F | $1.57 $1.44 | ▼ −8.28% | ▼ −13.74% | $1.22 (−22.29%) |
Apr 29, 2026 25w ago | 6-K | $1.57 $1.44 | ▼ −8.28% | ▼ −13.74% | $1.22 (−22.29%) |
Apr 29, 2026 25w ago | Press Release | $1.57 $1.44 | ▼ −8.28% | ▼ −13.74% | $1.22 (−22.29%) |
US Market Status
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