New Century Logistics (BVI) (NCEW) Income Statement

New Century Logistics (BVI) reported revenue of $44.08M in fiscal 2025 (fiscal year ended Sep 30, 2025), down 15.5% from $52.18M a year earlier. New Century Logistics (BVI) posted a net loss of $10.73M, compared with net income of $220.64K a year earlier. Gross margin was 0.4% and operating margin -24.0%. In the most recent quarter, Q2 fiscal 2026 (ended Mar 31, 2026), revenue was $3.66M, down 65.7% from the same quarter a year earlier.

New Century Logistics (BVI) Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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New Century Logistics (BVI) Limited income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Revenue & Gross Profit
Revenue	44.08	52.18	36.07	75.19	71.66
Cost of Revenue	43.92	47.93	32.59	63.64	61.46
Gross Profit	0.16	4.24	3.48	11.54	10.20
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	10.71	3.33	2.94	3.08	3.01
Operating Expenses	10.74	0.00	2.96	0.00	0.00
Operating Income	-10.58	0.47	0.52	8.24	6.64
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.06	-0.10	0.09	-0.08	-0.10
Other Income/Expense	-0.09	-0.08	-0.02	0.08	-0.15
Income
Income Before Tax	-10.75	0.39	0.50	8.33	6.57
Income Tax Expense	-0.02	0.17	0.05	1.35	1.03
Net Income	-10.73	0.22	0.45	6.98	5.53
Net Income - Continuous Operations	-10.73	0.22	0.45	6.98	5.53
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	-10.62	0.71	0.82	8.50	7.12
EBIT	-10.69	0.49	0.53	8.26	6.98
Depreciation & Amortization	0.04	0.22	0.23	0.24	0.13
Earnings Per Share
Basic EPS	-4.00	-	-	3.00	2.00
Diluted EPS	-4.00	-	-	3.00	2.00
Basic Shares Outstanding	2.88	2.50	2.69	2.50	2.50
Diluted Shares Outstanding	2.88	2.50	2.81	2.50	2.50

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About New Century Logistics (BVI) Financial Statements

What was New Century Logistics (BVI)'s revenue in fiscal 2025?

New Century Logistics (BVI) reported revenue of $44.08M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was down 15.5% from $52.18M a year earlier.

Is New Century Logistics (BVI) profitable?

No. New Century Logistics (BVI) reported a net loss of $10.73M in fiscal 2025. In fiscal 2024 it earned $220.64K.

What is New Century Logistics (BVI)'s operating margin?

New Century Logistics (BVI)'s operating income was −$10.58M on revenue of $44.08M in fiscal 2025, an operating margin of -24.0%, compared with 0.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition