MK Asset PR
Jan 10, 2026
$11.75M in assets managed, record Q4 performance, and major expansion plans set the stage for 2026
Red Water Inc. Reports Record-Breaking 2025 Performance for MK Asset ManagementQ4 & Full Year 2025 Results
Red Water Inc. today announced record-setting fourth quarter and full year 2025 results for its flagship subsidiary, MK Asset Management Inc., marking a breakout year defined by disciplined growth, strong profitability, and accelerating scale.
Full-Year 2025 Highlights
For the full 2025 fiscal year, MK Asset Management managed $11.75 million in assets under management (AUM), representing a 487.5% increase in AUM year over year. This growth reflects continued market expansion, increased operational scale, and rising demand for professional marine asset services.
Key full year performance metrics include:
• 169.6% year over year growth• 74.9% full-year profit margin• 146.1% year over year profit growth• Sustained operational efficiency while scaling infrastructure
These results position MK Asset Management among the fastest growing operators in its segment, achieving scale without sacrificing margin discipline.
Q4 2025 Performance
The fourth quarter closed as the strongest quarter in company history, with $4.75 million in assets managed.
Quarter over quarter results include:
• 11.9% revenue growth from Q3 to Q4• 52.8% Q4 profit margin• Continued strength in recurring service contracts and high-value asset programs
Despite typical seasonal slowdowns, the company delivered strong profitability while continuing to invest in systems, leadership, and long-term capacity.
Leadership Commentary
Kyle McManus, CEO and Founder of Red Water Inc., credited the results to faith, execution, and team culture:
“First and foremost, I’m incredibly proud of our team. All glory goes to God, and to the relentless hard work of the people who show up every day and execute at a high level. This upcoming year will be a defining one for us. We expect to finish the year firmly in the multi-millions, while launching new product lines and expanding MK Asset Management into additional locations. Our goal as a company is to keep pushing the boundaries of innovation and challenge what’s possible in the marine industry. The last major leap forward came with the fiberglass boat and the outboard motor. I believe now is the time to rewrite the history books. This is the team to do it. To everyone who has supported us along the way, thank you. It truly means the world. And to our critics, I believe after this year there will be far less left to question.”
Lorenzo Corsetti, President and Co Founder of Red Water Inc., emphasized the operational discipline behind the company’s performance:
“What makes this performance special isn’t just the growth, it’s how it was achieved. We scaled responsibly, protected margins, and built systems that will support long-term expansion. The foundation we’ve laid positions MK Asset Management for sustained growth, new markets, and product innovation without sacrificing discipline. 2025 proved what this team is capable of, and 2026 will show just how far we intend to take it.”
Workforce Expansion & 2026 Outlook
This performance comes ahead of a major hiring initiative planned for 2026. According to company leadership, MK Asset Management will significantly expand its workforce to support new locations, product launches, and continued growth.
The company plans to round out the year with a minimum team of 40 personnel, spanning operations, sales, management, and technical roles. The expansion reflects confidence in sustained demand and a commitment to building internal capacity ahead of further scale.
With record results in 2025 and a clear expansion strategy in place, Red Water Inc. enters 2026 focused on responsible growth, continued innovation, and redefining what’s possible in the marine services industry.