Multi Ways Holdings Ltd. reported its financial results for the fiscal year ending December 31, 2024. The company's revenues amounted to approximately $31.1 million, a decrease from $36.0 million in 2023. The decline in revenues is attributed to various factors, including challenges presented by the COVID-19 pandemic, although the company has seen substantial momentum as restrictions eased. Sales to the company's largest customer contributed approximately $4.8 million, accounting for 15.6% of the total revenue for the year. The aggregate sales generated from the top five customers represented approximately 32.7% of the total revenue for 2024, compared to 35.8% in the previous year. Multi Ways Holdings continues to focus on its mission and customer commitments despite ongoing market challenges. The company remains committed to leveraging its technology infrastructure to adapt to work-from-home arrangements and to address a general decrease in productivity due to physical segregation of teams. The company did not provide specific guidance on future earnings or revenue projections.