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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
MARINE PRODUCTS CORP is the larger business by last-quarter revenue ($64.6M vs $53.8M, roughly 1.2× ATLANTIC AMERICAN CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs 1.1%, a 2.6% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 20.8%). ATLANTIC AMERICAN CORP produced more free cash flow last quarter ($6.6M vs $4.1M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs -3.5%).
The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.
West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.
AAME vs MPX — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.8M | $64.6M |
| Net Profit | $577.0K | $2.4M |
| Gross Margin | — | 19.6% |
| Operating Margin | 1.4% | 5.8% |
| Net Margin | 1.1% | 3.7% |
| Revenue YoY | 20.8% | 35.0% |
| Net Profit YoY | 128.9% | -44.6% |
| EPS (diluted) | $0.02 | $0.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $64.6M | ||
| Q3 25 | $53.8M | $53.1M | ||
| Q2 25 | $55.3M | $67.7M | ||
| Q1 25 | $50.1M | $59.0M | ||
| Q4 24 | $49.0M | $47.8M | ||
| Q3 24 | $44.5M | $49.9M | ||
| Q2 24 | $47.7M | $69.5M | ||
| Q1 24 | $47.0M | $69.3M |
| Q4 25 | — | $2.4M | ||
| Q3 25 | $577.0K | $2.6M | ||
| Q2 25 | $3.3M | $4.2M | ||
| Q1 25 | $802.0K | $2.2M | ||
| Q4 24 | $412.0K | $4.3M | ||
| Q3 24 | $-2.0M | $3.4M | ||
| Q2 24 | $-684.0K | $5.6M | ||
| Q1 24 | $-2.0M | $4.6M |
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 19.2% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 18.4% | ||
| Q2 24 | — | 18.9% | ||
| Q1 24 | — | 20.2% |
| Q4 25 | — | 5.8% | ||
| Q3 25 | 1.4% | 5.4% | ||
| Q2 25 | 7.6% | 7.1% | ||
| Q1 25 | 2.1% | 4.4% | ||
| Q4 24 | 1.1% | 7.7% | ||
| Q3 24 | -5.5% | 7.2% | ||
| Q2 24 | -1.8% | 8.3% | ||
| Q1 24 | -5.3% | 7.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | 1.1% | 5.0% | ||
| Q2 25 | 6.0% | 6.1% | ||
| Q1 25 | 1.6% | 3.7% | ||
| Q4 24 | 0.8% | 8.9% | ||
| Q3 24 | -4.5% | 6.8% | ||
| Q2 24 | -1.4% | 8.0% | ||
| Q1 24 | -4.3% | 6.6% |
| Q4 25 | — | $0.07 | ||
| Q3 25 | $0.02 | $0.07 | ||
| Q2 25 | $0.15 | $0.12 | ||
| Q1 25 | $0.03 | $0.06 | ||
| Q4 24 | $0.01 | $0.13 | ||
| Q3 24 | $-0.10 | $0.10 | ||
| Q2 24 | $-0.04 | $0.14 | ||
| Q1 24 | $-0.10 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.4M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $109.5M | $125.0M |
| Total Assets | $430.9M | $147.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $34.4M | — | ||
| Q2 25 | $46.4M | — | ||
| Q1 25 | $35.9M | — | ||
| Q4 24 | $35.6M | — | ||
| Q3 24 | $23.0M | — | ||
| Q2 24 | $21.2M | — | ||
| Q1 24 | $21.2M | — |
| Q4 25 | — | $125.0M | ||
| Q3 25 | $109.5M | $126.3M | ||
| Q2 25 | $106.2M | $127.2M | ||
| Q1 25 | $102.4M | $126.4M | ||
| Q4 24 | $99.6M | $129.0M | ||
| Q3 24 | $105.8M | $128.8M | ||
| Q2 24 | $100.7M | $129.3M | ||
| Q1 24 | $102.8M | $151.4M |
| Q4 25 | — | $147.2M | ||
| Q3 25 | $430.9M | $179.5M | ||
| Q2 25 | $429.3M | $173.2M | ||
| Q1 25 | $388.4M | $182.9M | ||
| Q4 24 | $393.4M | $171.2M | ||
| Q3 24 | $387.0M | $176.3M | ||
| Q2 24 | $386.0M | $175.7M | ||
| Q1 24 | $365.8M | $204.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.6M | $4.7M |
| Free Cash FlowOCF − Capex | $6.6M | $4.1M |
| FCF MarginFCF / Revenue | 12.3% | 6.4% |
| Capex IntensityCapex / Revenue | 0.1% | 0.9% |
| Cash ConversionOCF / Net Profit | 11.51× | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | $19.3M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.7M | ||
| Q3 25 | $6.6M | $2.6M | ||
| Q2 25 | $9.3M | $-1.6M | ||
| Q1 25 | $-722.0K | $10.8M | ||
| Q4 24 | $4.8M | $4.6M | ||
| Q3 24 | $90.0K | $5.1M | ||
| Q2 24 | $416.0K | $3.8M | ||
| Q1 24 | $-5.3M | $15.9M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | $6.6M | $2.1M | ||
| Q2 25 | $9.1M | $-2.0M | ||
| Q1 25 | $-986.0K | $10.7M | ||
| Q4 24 | $4.6M | $3.6M | ||
| Q3 24 | $58.0K | $3.2M | ||
| Q2 24 | $361.0K | $3.0M | ||
| Q1 24 | $-5.4M | $15.0M |
| Q4 25 | — | 6.4% | ||
| Q3 25 | 12.3% | 4.0% | ||
| Q2 25 | 16.5% | -3.0% | ||
| Q1 25 | -2.0% | 18.1% | ||
| Q4 24 | 9.3% | 7.6% | ||
| Q3 24 | 0.1% | 6.5% | ||
| Q2 24 | 0.8% | 4.4% | ||
| Q1 24 | -11.4% | 21.7% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | 0.1% | 0.8% | ||
| Q2 25 | 0.3% | 0.6% | ||
| Q1 25 | 0.5% | 0.2% | ||
| Q4 24 | 0.5% | 2.1% | ||
| Q3 24 | 0.1% | 3.8% | ||
| Q2 24 | 0.1% | 1.1% | ||
| Q1 24 | 0.1% | 1.3% |
| Q4 25 | — | 2.00× | ||
| Q3 25 | 11.51× | 0.97× | ||
| Q2 25 | 2.80× | -0.39× | ||
| Q1 25 | -0.90× | 4.88× | ||
| Q4 24 | 11.65× | 1.09× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAME
| Bankers Fidelity | $30.0M | 56% |
| American Southern | $23.7M | 44% |
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
