{"id":610,"date":"2026-10-21T19:47:53","date_gmt":"2026-10-21T11:47:53","guid":{"rendered":"http:\/\/www.templeracing.com\/blog\/?p=610"},"modified":"2026-10-21T19:47:53","modified_gmt":"2026-10-21T11:47:53","slug":"can-i-access-myde-s-financial-reports-4491-932e6a","status":"publish","type":"post","link":"http:\/\/www.templeracing.com\/blog\/2026\/10\/21\/can-i-access-myde-s-financial-reports-4491-932e6a\/","title":{"rendered":"Can I access MYDE’s financial reports?"},"content":{"rendered":"

As a supplier to MYDE, I\u2019m sure you\u2019ve stared at your monthly invoices and wondered \u2013 just how solid is the company you\u2019re working with? I\u2019ve been there. For the past two years, I\u2019ve been a small parts supplier to MYDE, and there have been months when I\u2019ve hesitated before dropping off a shipment, thinking: What if they can\u2019t pay?<\/em> That\u2019s why one question\u2019s popped up in my inbox way more times than I can count lately: Can I access MYDE\u2019s financial reports? MYDE<\/a><\/p>\n

<\/p>\n

Let me cut to the chase \u2013 as a non-shareholding supplier, you won\u2019t find full, audited financials plastered on their homepage. I\u2019ve spent hours digging through old supply chain forums, texting other suppliers I know, and even bringing it up at a recent supplier town hall, so this isn\u2019t just a random query I\u2019m rambling about. It\u2019s a real pain point for small businesses like mine, where a 30-day late payment can throw our whole cash flow out of whack.<\/p>\n

First, let\u2019s clear up what financial reports we can<\/em> actually access, right? MYDE, like every public company, has to file quarterly and annual reports with regulatory bodies \u2013 we\u2019re talking 10-Qs and 10-Ks in the US, or similar filings in other markets. But here\u2019s the catch: those are for investors, and they\u2019re super dense. I tried reading the latest 10-K last quarter and gave up after page 12; it\u2019s full of jargon like \u201cEBITDA margins\u201d and \u201ccurrent ratio\u201d that most of us small suppliers don\u2019t have time to decode. Plus, even if you dig through those, they don\u2019t break down how MYDE\u2019s treating its suppliers specifically \u2013 like if they\u2019re prioritizing big retail clients over small vendors for on-time payments.<\/p>\n

But wait, there are other places to get usable info, and I\u2019ve tested most of them as a MYDE supplier. For one, their annual supplier diversity report \u2013 I found that on their supplier portal last year. It\u2019s not a full financial audit, but it tells you things like how much they spent with small suppliers, and whether they\u2019ve set aside budgets for the next year. Last time I checked, it said they were planning to increase their supplier spend by 18% \u2013 that was a big win for me, because it meant I had a shot at more contracts, and it also gave me peace of mind they weren\u2019t shrinking their operations.<\/p>\n

Another spot is their supplier performance dashboards, but I\u2019ll be honest \u2013 that\u2019s mostly about your own invoices, not their finances. Though last month, the dashboard did add a section on \u201cpayment health trends\u201d which showed their average days payable outstanding (DPO) for suppliers like me. For context, DPO is how long a company takes to pay its bills; anything over 45 days is usually a red flag for small suppliers. MYDE\u2019s DPO for tier-2 suppliers (that\u2019s me) was 38 days, which is solid. That\u2019s way more useful to me than a 10-K\u2019s vague line about \u201ccash flow from operations.\u201d<\/p>\n

Now, let\u2019s talk about what\u2019s actually off-limits. When I asked MYDE\u2019s account manager directly for their full accounts payable (AP) aging report, they said that\u2019s confidential. And I get it \u2013 businesses don\u2019t want competitors knowing which vendors they\u2019re working with, or how much they\u2019re spending. But here\u2019s the thing: as a supplier, that info isn\u2019t just nice to have \u2013 it\u2019s critical. Last year, a competitor supplier I know went out of business because their client (not MYDE, don\u2019t worry) took 90 days to pay, and they couldn\u2019t cover their own payroll. So it\u2019s not like we\u2019re being greedy \u2013 we\u2019re trying to keep our own businesses running.<\/p>\n

I\u2019ve also heard some suppliers say they use third-party tools to check MYDE\u2019s financials, but I\u2019d be lying if I said I trust those. Last month, a tool I used said MYDE had a \u201cmedium risk\u201d rating, but another one said \u201clow risk\u201d \u2013 total mismatch. I ended up cross-referencing with the regulatory filings and talking to other suppliers, and that turned out to be way more reliable. The third-party sites often charge hundreds of dollars a month, which isn\u2019t feasible for a small supplier like me who\u2019s already stretching every dollar.<\/p>\n

Wait, let\u2019s get into the practical stuff for MYDE suppliers specifically. Last quarter, I joined a peer group of 12 other small suppliers who work with MYDE, and we made a decision: we\u2019d bring up the financial report question at the next MYDE supplier advisory board meeting. The advisory board is a group of suppliers MYDE meets with quarterly to talk about issues that matter to us \u2013 like lead times, payment terms, and yes, financial transparency. A few of us pushed for MYDE to share a condensed, supplier-focused financial update each quarter \u2013 think a one-pager that skips the investor jargon and just tells us: do they have enough cash to pay invoices on time, are they planning to take on more suppliers, and is there any risk of delayed payments down the line.<\/p>\n

To be fair, MYDE has made some moves lately. A few months back, they launched a supplier early payment program \u2013 basically, if we want, we can get paid in 7 days instead of 30, for a small 1.5% fee. I used it once when I had a big utility bill due, and it saved me from dipping into my business savings. But that program only works because MYDE has the cash to fund it, right? So even that small perk tells me they\u2019re in a better financial spot than some of the other clients I\u2019ve worked with.<\/p>\n

Here\u2019s the part that\u2019s personal for me. I started my supply business 5 years ago, with $2,000 of my own money. The first big contract I landed was with MYDE, and it\u2019s been my biggest client ever. But last year, when their DPO jumped from 32 days to 41, I almost turned down a $15,000 shipment because I couldn\u2019t afford to wait longer. That\u2019s when I realized how much access to their financial info would have helped me make a better call. If I\u2019d known they were investing in a new warehouse (which I later found out from a local news article) and that their revenue was up 10%, I would\u2019ve gone through with the shipment, no problem.<\/p>\n

Now, let\u2019s talk about what\u2019s next. The supplier advisory board is meeting next month, and I\u2019m bringing up three specific asks: first, a condensed financial update for suppliers each quarter, no jargon, just the numbers that matter to us. Second, a way for us to access their AP aging data for our own invoices, so we can see exactly where we stand in their payment queue. Third, a clear timeline for when they\u2019ll update their supplier diversity report, so we can plan our own budgets around potential new contracts.<\/p>\n

I know some suppliers are worried that pushing for more transparency will make MYDE see us as high-risk, or even cut ties. But I\u2019ve talked to MYDE\u2019s account manager, and she said the advisory board is exactly for this \u2013 giving suppliers a voice. Last year, we pushed for a 5% discount for early shipments, and they rolled that out. So asking for financial transparency isn\u2019t about being difficult \u2013 it\u2019s about building a better, longer-term partnership.<\/p>\n

Wait, let\u2019s wrap this up for anyone reading who\u2019s in the same boat as me. If you\u2019re a MYDE supplier wondering if you can access their financial reports, here\u2019s your quick go-to list:<\/p>\n

    \n
  1. Check their investor filings (10-K, 10-Q) on the SEC\u2019s site or their investor portal \u2013 it\u2019s not easy, but it\u2019s free and official.<\/li>\n
  2. Grab their supplier diversity and sustainability report from their supplier portal \u2013 it\u2019s short, it\u2019s specific to us, and it\u2019s updated annually.<\/li>\n
  3. Chat with other MYDE suppliers \u2013 most of us are happy to share what we\u2019ve found, and we\u2019re all in the same boat.<\/li>\n
  4. Bring it up at your next supplier meeting or advisory board \u2013 that\u2019s where real change happens.<\/li>\n<\/ol>\n

    And if you\u2019re a supplier who\u2019s been dealing with late payments or just want to get clarity on MYDE\u2019s financial stability, my best advice is to reach out to MYDE\u2019s procurement team through your regular point of contact. They can connect you with the right person in the supplier success group who can walk you through what\u2019s available, and even listen to your concerns. Don\u2019t be shy \u2013 I\u2019ve found that most companies want their suppliers to feel secure, because stable suppliers make for stable business.<\/p>\n

    At the end of the day, working with MYDE has been the best thing for my small business, but financial uncertainty shouldn\u2019t come with that territory. As a supplier, you deserve to know that the company you\u2019re shipping parts to, or delivering services for, is in a spot to pay you on time, grow, and keep contracts coming. I\u2019m still pushing for that clearer financial transparency, and I\u2019d encourage every other MYDE supplier to do the same \u2013 because a little clarity goes a long way for both sides.<\/p>\n

    <\/p>\n

    If you have more questions about how to navigate MYDE\u2019s supplier resources, or want to talk through what other suppliers are seeing, connect with the MYDE procurement team to discuss tailored solutions for your business. Don\u2019t wait to get the clarity you need to run your supply business smoothly.<\/p>\n

    Bang Legend<\/a> References<\/p>\n

      \n
    1. U.S. Securities and Exchange Commission. (2024). MYDE, Inc. 10-Q Quarterly Report (Q2 2024).<\/li>\n
    2. MYDE. (2024). Supplier Diversity Annual Report 2024.<\/li>\n
    3. Council of Supply Chain Management Professionals. (2023). Small Supplier Financial Transparency Report.<\/li>\n
    4. MYDE Supplier Advisory Board. (2024). Quarterly Meeting Minutes (Q1 2024).<\/li>\n<\/ol>\n
      \n

      Shenzhen Ecloud Vaping Technology Co., Ltd.<\/a><\/p>\n

      Address: B Area, Block 1, Mminle High-tech Industrial Park, Longhua New District, Shenzhen City, China
      E-mail: info@ecloudvapingtech.com
      WebSite:       https:\/\/www.rmvape.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

      As a supplier to MYDE, I\u2019m sure you\u2019ve stared at your monthly invoices and wondered \u2013 … Can I access MYDE’s financial reports?<\/span>Read more<\/a><\/p>\n","protected":false},"author":334,"featured_media":610,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[573],"class_list":["post-610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-myde-4f68-93f789"],"_links":{"self":[{"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/posts\/610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/users\/334"}],"replies":[{"embeddable":true,"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/comments?post=610"}],"version-history":[{"count":0,"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/posts\/610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/posts\/610"}],"wp:attachment":[{"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/media?parent=610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/categories?post=610"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.templeracing.com\/blog\/wp-json\/wp\/v2\/tags?post=610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}