Company research
Jowell Global Ltd.
CIK 1805594Updated Sep 29, 2026
SecurityJWEL · NASDAQ · equity
JWEL price & chart
Loading TradingView…
NASDAQ:JWEL on TradingView ↗In the news
No coverage from other publishers is available.
Seeking Alpha
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 21,890,166Source | 25,847,331Source | 35,297,927Source | 71,202,486Source |
| Property, Plant and Equipment, NetUSD | 172,827Source | 286,329Source | 681,942Source | 1,019,720Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | 855,112Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,740,834Source | 2,184,920Source | 1,250,281Source | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 78,254Source | 2,043,994Source | 2,401,056Source | 6,208,606Source |
| Inventory, NetUSD | 5,947,014Source | 8,341,596Source | 8,198,402Source | 13,278,205Source |
| Assets, CurrentUSD | 16,011,427Source | 17,632,407Source | 26,662,514Source | 59,901,713Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,307,281Source | 1,808,015Source | 1,384,758Source | 1,668,775Source |
| Operating Lease, Right-of-Use AssetUSD | 1,543,063Source | 2,330,048Source | 2,019,300Source | 3,389,536Source |
| Other Assets, NoncurrentUSD | 265,052Source | 882,604Source | 895,775Source | 919,720Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 10,435,873Source | 8,934,221Source | 10,084,608Source | 33,736,579Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 75Source | 75Source | 75Source | 75Source |
| Common Stock, Value, IssuedUSD | 3,802Source | 3,473Source | 3,473Source | 3,413Source |
| Additional Paid in CapitalUSD | 53,176,314Source | 52,687,182Source | 52,687,182Source | 52,557,552Source |
| Retained Earnings (Accumulated Deficit)USD | -40,283,230Source | -34,003,726Source | -26,039,567Source | -14,572,425Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,837,209Source | -2,167,364Source | -1,843,970Source | -950,720Source |
| Stockholders' Equity Attributable to ParentUSD | 11,454,293Source | 16,914,181Source | 25,201,734Source | 37,432,436Source |
| Liabilities and EquityUSD | 21,890,166Source | 25,847,331Source | 35,297,927Source | 71,202,486Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,554,822Source | 7,414,162Source | 9,052,373Source | 31,637,149Source |
| Operating Lease, Liability, CurrentUSD | 657,891Source | 702,457Source | 942,989Source | 1,179,237Source |
| Operating Lease, Liability, NoncurrentUSD | 881,051Source | 1,520,059Source | 1,032,235Source | 2,099,430Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | -1,071Source | 11,585Source | 33,471Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 78,254Source | 2,043,994Source | 2,448,096Source | — |
| Deferred Revenue, CurrentUSD | 239,983Source | — | — | 18,395,244Source |
| Long-term DebtUSD | 6,381Source | 6,381Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -6,278,426Source | -8,002,644Source | -11,519,933Source | -11,531,781Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 211,465Source | 530,858Source | 479,081Source | 363,648Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 489,461Source | — | 129,690Source | 1,847,926Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,685,051Source | -438,115Source | -3,184,915Source | 1,661,261Source |
| Increase (Decrease) in InventoriesUSD | -2,659,803Source | 501,890Source | -5,197,234Source | 3,074,027Source |
| Increase (Decrease) in Accounts PayableUSD | -245,413Source | -1,630,249Source | -2,413,634Source | — |
| Deferred Income Tax Expense (Benefit)USD | 478,412Source | 30,583Source | 129,760Source | -420,514Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,530,441Source | 790,184Source | -13,491,831Source | -11,992,975Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,413Source | -123,961Source | -42,383Source | -1,338,190Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 12,413Source | 117,590Source | 12,046Source | 660,488Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,991,022Source | -17,999Source | -1,632,985Source | 9,938,769Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 555,914Source | 934,639Source | -15,467,821Source | -4,531,625Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,740,834Source | 2,184,920Source | 1,250,281Source | 16,718,102Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 29,721Source | 76,049Source | 117,070Source |
| Income Taxes Paid, NetUSD | — | 103Source | 2,719Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 107,746Source | 286,415Source | -300,622Source | -1,139,229Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 489,461.28Source | — | 129,690Source | 1,847,926Source |
| Amortization of Intangible AssetsUSD | 80,965Source | 121,017Source | 204,070Source | 253,748Source |
| DepreciationUSD | 130,500Source | 409,841Source | 275,011Source | 109,900Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | -1,557,714Source |
| Gain (Loss) on InvestmentsUSD | -978,482Source | -169,125Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -96,947Source | -49,855Source | — |
| Gain (Loss) on Termination of LeaseUSD | -819,842Source | -1,120,427Source | — | — |
| General and Administrative ExpenseUSD | 3,367,699Source | 2,715,578Source | 3,368,761Source | 5,788,952Source |
| Income (Loss) from Equity Method InvestmentsUSD | -978,482Source | -105,464Source | -478,403Source | -29,203Source |
| Income Tax Expense (Benefit)USD | 478,481Source | 28,076Source | 135,116Source | -420,164Source |
| Inventory Write-downUSD | -117,089Source | 235,674Source | -438,949Source | — |
| Net Income (Loss) Attributable to ParentUSD | -6,279,504Source | -7,964,159Source | -11,467,142Source | -11,531,781Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | -11,531,781Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | -11,536,380Source |
| Nonoperating Income (Expense)USD | -779,459Source | 114,751Source | -494,392Source | — |
| Operating Costs and ExpensesUSD | 8,075,338Source | 2,002,101Source | 3,022,120Source | 3,699,690Source |
| Operating ExpensesUSD | 170,021,565Source | 141,070,850Source | 170,899,718Source | 222,022,003Source |
| Other Operating Income (Expense), NetUSD | 199,023Source | 313,597Source | 75,627Source | 235,025Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 9,883,240Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 160,009,293Source | 209,821,251Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 165,001,079Source | 132,981,531Source | 160,009,293Source | 209,981,306Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -5,020,486Source | -8,089,319Source | -10,890,425Source | -12,040,697Source |
| Income Tax Expense (Benefit)USD | 478,481Source | 28,076Source | 135,116Source | -420,164Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | -11,531,781Source |
| Net Income (Loss) Attributable to ParentUSD | -6,279,504Source | -7,964,159Source | -11,467,142Source | -11,531,781Source |
| Earnings Per Share, BasicUSD per share | -2.87Source | -3.69Source | -5.38Source | -0.39Source |
| Earnings Per Share, DilutedUSD per share | -2.87Source | -3.69Source | -5.38Source | -0.39Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,186,295Source | 2,170,475Source | 2,140,863Source | 29,555,551Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,186,295Source | 2,170,475Source | 2,140,863Source | 29,555,551Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 80,965Source | 121,017Source | 204,070Source | 253,748Source |
| Current Income Tax Expense (Benefit)USD | 70Source | -2,506Source | 5,355Source | 350Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | 363,648Source |
| Gain (Loss) on InvestmentsUSD | -978,482Source | -169,125Source | — | — |
| General and Administrative ExpenseUSD | 3,367,699Source | 2,715,578Source | 3,368,761Source | 5,788,952Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | — | -11,951,945Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -4,748,506Source | -7,378,833Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | -978,482Source | -105,464Source | -478,403Source | -29,203Source |
| Interest ExpenseUSD | — | — | 76,049Source | 117,070Source |
| Interest Income, OperatingUSD | — | — | — | 12,000,000Source |
| Investment Income, NetUSD | — | — | -493,970Source | — |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 1,078Source | -38,485Source | -52,791Source | 4,599Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | -11,536,380Source |
| Nonoperating Income (Expense)USD | -779,459Source | 114,751Source | -494,392Source | — |
| Operating Costs and ExpensesUSD | 8,075,338Source | 2,002,101Source | 3,022,120Source | 3,699,690Source |
| Operating ExpensesUSD | 170,021,565Source | 141,070,850Source | 170,899,718Source | 222,022,003Source |
| Other IncomeUSD | — | — | — | 88,752Source |
| Other Operating Income (Expense), NetUSD | 199,023Source | 313,597Source | 75,627Source | 235,025Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 160,009,293Source | 209,821,251Source |
| Selling and Marketing ExpenseUSD | 5,112,335Source | 4,634,649Source | 7,770,819Source | 8,795,340Source |