New Century Logistics (BVI) Limited (NCEW) Income Statement

NASDAQ: NCEWRevenue, profits, margins and EPS over 5 years.

NCEW FY2025 at a glance

Fiscal year ended September 30, 2025 · U.S. dollars
Revenue−89.2%
$5.7M
FY2025 · hover or tap a bar for each year
FY2021: $71.7MFY2022: $75.2M (+4.9%)FY2023: $36.1M (−52.0%)FY2024: $52.2M (+44.6%)FY2025: $5.7M (−89.2%)
FY2021FY2025
Gross profit−99.6%
$16,198
FY2025 · hover or tap a bar for each year
FY2021: $10.2MFY2022: $11.5M (+13.2%)FY2023: $3.5M (−69.8%)FY2024: $4.2M (+21.8%)FY2025: $16,198 (−99.6%)
FY2021FY2025
Operating income−2,385.0%
−$10.7M
FY2025 · hover or tap a bar for each year
FY2021: $6.6MFY2022: $8.2M (+24.1%)FY2023: $522,499 (−93.7%)FY2024: $470,273 (−10.0%)FY2025: −$10.7M (−2,385.0%)
FY2021FY2025
Net income−4,960.1%
−$10.7M
FY2025 · hover or tap a bar for each year
FY2021: $5.5MFY2022: $7.0M (+26.2%)FY2023: $454,415 (−93.5%)FY2024: $220,643 (−51.4%)FY2025: −$10.7M (−4,960.1%)
FY2021FY2025
EPS (diluted)−33,600.0%
−$3.35
FY2025 · hover or tap a bar for each year
FY2022: $2.33FY2023: $0.18 (−92.3%)FY2024: $0.01 (−94.4%)FY2025: −$3.35 (−33,600.0%)
FY2021FY2025
Net profit margin−189.9 pts
−189.5%
FY2025 · hover or tap a point for each year
FY2021: 7.7%FY2022: 9.3% (+1.6 pts)FY2023: 1.3% (−8.0 pts)FY2024: 0.4% (−0.8 pts)FY2025: −189.5% (−189.9 pts)
FY2021FY2025

NCEW revenue and net income

RevenueNet incomeNet margin (right axis)

Where NCEW's revenue goes

FY2025
Revenue
$5.7M100.0%
Cost of revenue
−$5.6M−99.7%
Gross profit
$16,1980.3%
Sales, general & admin
−$10.7M−189.2%
Other operating expenses
−$54,722−1.0%
Operating income
−$10.7M−189.9%
Interest & other income
$9.4M165.5%
Income taxes
−$9.4M−165.3%
Net income
−$10.7M−189.5%

Each bar shows an amount and its share of revenue. NCEW kept −189.5% of revenue as net income.

NCEW profit margins

GrossOperatingNet

NCEW growth rates

to FY2025
1 year3 years5 years10 years
Revenue−89.2%−57.8%——
Gross profit−99.6%−88.8%——
Operating income−2,385.0%———
Net income−4,960.1%———
EPS (diluted)−33,600.0%———

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

NCEW quarterly EPS vs estimates

Reported EPSAnalyst estimate

New Century Logistics beat the analyst EPS estimate in 0 of the last 2 quarters.

NCEW income statement

New Century Logistics (BVI) Limited annual income statement
FY2025FY2024FY2023FY2022FY2021
Revenue$5.7M$52.2M$36.1M$75.2M$71.7M
Cost of revenue$5.6M$47.9M$32.6M$63.6M$61.5M
Gross profit$16,198$4.2M$3.5M$11.5M$10.2M
Sales, general & admin$10.7M$3.3M$2.9M$3.1M$3.0M
Total operating expenses$10.8M$3.8M$3.0M$3.3M$3.6M
Operating income−$10.7M$470,273$522,499$8.2M$6.6M
Interest income$647$849$645$11$20
Interest expense$9,827$98,026$88,730$81,887$95,648
Income before taxes−$1.4M$394,839$500,386$8.3M$6.6M
Income taxes$9.4M$174,196$45,971$1.3M$1.0M
Net income−$10.7M$220,643$454,415$7.0M$5.5M
EBITDA−$10.7M$710,084$817,487$8.7M$6.8M
EPS (diluted)−$3.35$0.01$0.18$2.33—
Gross margin0.3%8.1%9.7%15.4%14.2%
Operating margin−189.9%0.9%1.4%11.0%9.3%
Net margin−189.5%0.4%1.3%9.3%7.7%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NCEW's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

NCEW financial results

In fiscal year 2025 (ended September 30, 2025), New Century Logistics reported revenue of $5.7 million, down 89.2% from the year before. It had a net loss of $10.7 million, a net profit margin of −189.5%. Diluted earnings per share came to −$3.35.

See the NCEW stock overview for the latest quote and news, or the NCEW chart for price history and technical indicators.

NCEW income statement FAQ

What is New Century Logistics's annual revenue?

New Century Logistics reported total revenue of $5.7 million for fiscal year 2025, which ended on September 30, 2025. That was down 89.2% from $52.2 million the previous year.

Is New Century Logistics profitable?

No. New Century Logistics reported a net loss of $10.7 million in fiscal 2025, a net profit margin of −189.5%; its operating margin was −189.9%.

What is New Century Logistics's gross margin?

New Century Logistics's gross margin was 0.3% in fiscal 2025: for every $100 of revenue, New Century Logistics kept $0 after the direct cost of its products and services.

What are New Century Logistics's earnings per share?

New Century Logistics earned $-3.35 per diluted share in fiscal 2025, compared with $0.01 a year earlier.

When does New Century Logistics's fiscal year end?

New Century Logistics's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on February 17, 2026.

Integrated Freight & Logistics income statements