vs

Side-by-side financial comparison of ASCENT INDUSTRIES CO. (ACNT) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.

ASCENT INDUSTRIES CO. is the larger business by last-quarter revenue ($11.9M vs $8.7M, roughly 1.4× SWK Holdings Corp). On growth, ASCENT INDUSTRIES CO. posted the faster year-over-year revenue change (13.3% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $-196.0K). Over the past eight quarters, SWK Holdings Corp's revenue compounded faster (-12.5% CAGR vs -34.9%).

Ascent Capital Group, Inc. was a publicly traded holding company whose primary subsidiary was Monitronics. Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008.

SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.

ACNT vs SWKH — Head-to-Head

Bigger by revenue
ACNT
ACNT
1.4× larger
ACNT
$11.9M
$8.7M
SWKH
Growing faster (revenue YoY)
ACNT
ACNT
+43.0% gap
ACNT
13.3%
-29.7%
SWKH
More free cash flow
SWKH
SWKH
$27.0M more FCF
SWKH
$26.8M
$-196.0K
ACNT
Faster 2-yr revenue CAGR
SWKH
SWKH
Annualised
SWKH
-12.5%
-34.9%
ACNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACNT
ACNT
SWKH
SWKH
Revenue
$11.9M
$8.7M
Net Profit
$-1.0M
$-19.4M
Gross Margin
14.6%
Operating Margin
-21.0%
9.9%
Net Margin
-8.8%
Revenue YoY
13.3%
-29.7%
Net Profit YoY
-1.2%
-430.2%
EPS (diluted)
$-0.11
$-1.59

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.

Revenue
ACNT
ACNT
SWKH
SWKH
Q4 25
$11.9M
$8.7M
Q3 25
$19.7M
$10.9M
Q2 25
$18.7M
$10.1M
Q1 25
$24.7M
$11.8M
Q4 24
$10.5M
$12.4M
Q3 24
$20.9M
$10.4M
Q2 24
$21.5M
$10.8M
Q1 24
$28.0M
$11.4M
Net Profit
ACNT
ACNT
SWKH
SWKH
Q4 25
$-1.0M
$-19.4M
Q3 25
$-2.1M
$8.8M
Q2 25
$6.3M
$3.5M
Q1 25
$-2.3M
$4.5M
Q4 24
$-1.0M
$5.9M
Q3 24
$-6.2M
$3.5M
Q2 24
$-926.0K
$3.7M
Q1 24
$-5.5M
$468.0K
Gross Margin
ACNT
ACNT
SWKH
SWKH
Q4 25
14.6%
Q3 25
29.7%
Q2 25
26.1%
Q1 25
19.3%
Q4 24
24.3%
Q3 24
14.4%
Q2 24
13.1%
Q1 24
8.3%
Operating Margin
ACNT
ACNT
SWKH
SWKH
Q4 25
-21.0%
9.9%
Q3 25
-4.1%
61.3%
Q2 25
-14.4%
46.1%
Q1 25
-4.2%
68.6%
Q4 24
-25.4%
44.7%
Q3 24
-9.4%
39.2%
Q2 24
-8.6%
8.3%
Q1 24
-15.5%
9.5%
Net Margin
ACNT
ACNT
SWKH
SWKH
Q4 25
-8.8%
Q3 25
-10.6%
80.7%
Q2 25
33.7%
35.2%
Q1 25
-9.3%
38.4%
Q4 24
-9.8%
47.5%
Q3 24
-29.5%
33.3%
Q2 24
-4.3%
33.9%
Q1 24
-19.7%
4.1%
EPS (diluted)
ACNT
ACNT
SWKH
SWKH
Q4 25
$-0.11
$-1.59
Q3 25
$-0.22
$0.72
Q2 25
$0.65
$0.29
Q1 25
$-0.23
$0.37
Q4 24
$-0.11
$0.47
Q3 24
$-0.61
$0.28
Q2 24
$-0.09
$0.30
Q1 24
$-0.54
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACNT
ACNT
SWKH
SWKH
Cash + ST InvestmentsLiquidity on hand
$57.6M
$42.8M
Total DebtLower is stronger
$33.0M
Stockholders' EquityBook value
$87.0M
$235.1M
Total Assets
$111.9M
$272.4M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACNT
ACNT
SWKH
SWKH
Q4 25
$57.6M
$42.8M
Q3 25
$58.0M
$10.2M
Q2 25
$60.5M
$8.0M
Q1 25
$14.3M
$29.8M
Q4 24
$16.1M
$5.9M
Q3 24
$8.5M
$17.2M
Q2 24
$3.6M
$5.5M
Q1 24
$1.3M
$5.5M
Total Debt
ACNT
ACNT
SWKH
SWKH
Q4 25
$33.0M
Q3 25
$33.0M
Q2 25
$33.0M
Q1 25
$33.0M
Q4 24
$0
$33.0M
Q3 24
$33.0M
Q2 24
$33.0M
Q1 24
$33.0M
Stockholders' Equity
ACNT
ACNT
SWKH
SWKH
Q4 25
$87.0M
$235.1M
Q3 25
$87.1M
$254.2M
Q2 25
$89.7M
$246.5M
Q1 25
$91.2M
$292.7M
Q4 24
$93.5M
$288.7M
Q3 24
$94.7M
$283.4M
Q2 24
$101.0M
$282.8M
Q1 24
$102.0M
$279.9M
Total Assets
ACNT
ACNT
SWKH
SWKH
Q4 25
$111.9M
$272.4M
Q3 25
$119.9M
$289.4M
Q2 25
$122.6M
$285.7M
Q1 25
$152.5M
$331.3M
Q4 24
$147.3M
$332.2M
Q3 24
$148.6M
$321.3M
Q2 24
$158.2M
$321.0M
Q1 24
$161.0M
$322.0M
Debt / Equity
ACNT
ACNT
SWKH
SWKH
Q4 25
0.14×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.11×
Q4 24
0.00×
0.11×
Q3 24
0.12×
Q2 24
0.12×
Q1 24
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACNT
ACNT
SWKH
SWKH
Operating Cash FlowLast quarter
$266.0K
$27.3M
Free Cash FlowOCF − Capex
$-196.0K
$26.8M
FCF MarginFCF / Revenue
-1.7%
308.1%
Capex IntensityCapex / Revenue
3.9%
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-2.1M
$43.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACNT
ACNT
SWKH
SWKH
Q4 25
$266.0K
$27.3M
Q3 25
$1.3M
$906.0K
Q2 25
$-1.4M
$7.8M
Q1 25
$-700.0K
$8.3M
Q4 24
$8.8M
$23.0M
Q3 24
$3.4M
$6.3M
Q2 24
$2.2M
$5.4M
Q1 24
$263.0K
$4.4M
Free Cash Flow
ACNT
ACNT
SWKH
SWKH
Q4 25
$-196.0K
$26.8M
Q3 25
$695.0K
$557.0K
Q2 25
$-1.5M
$7.7M
Q1 25
$-1.0M
$8.2M
Q4 24
$8.4M
$22.9M
Q3 24
$3.1M
$6.3M
Q2 24
$1.9M
$5.4M
Q1 24
$25.0K
FCF Margin
ACNT
ACNT
SWKH
SWKH
Q4 25
-1.7%
308.1%
Q3 25
3.5%
5.1%
Q2 25
-8.3%
77.0%
Q1 25
-4.1%
69.1%
Q4 24
80.6%
185.3%
Q3 24
15.1%
60.4%
Q2 24
9.1%
49.7%
Q1 24
0.1%
Capex Intensity
ACNT
ACNT
SWKH
SWKH
Q4 25
3.9%
5.9%
Q3 25
3.1%
3.2%
Q2 25
0.8%
0.6%
Q1 25
1.3%
0.8%
Q4 24
3.7%
1.1%
Q3 24
1.3%
0.3%
Q2 24
1.0%
0.2%
Q1 24
0.9%
0.0%
Cash Conversion
ACNT
ACNT
SWKH
SWKH
Q4 25
Q3 25
0.10×
Q2 25
-0.22×
2.21×
Q1 25
1.82×
Q4 24
3.93×
Q3 24
1.82×
Q2 24
1.47×
Q1 24
9.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACNT
ACNT

Other$6.1M52%
Transferred At Point In Time$5.7M48%

SWKH
SWKH

Finance Receivables Segment$8.4M96%
Other$329.0K4%

Related Comparisons