vs
Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and MacKenzie Realty Capital, Inc. (MKZR). Click either name above to swap in a different company.
MacKenzie Realty Capital, Inc. is the larger business by last-quarter revenue ($4.6M vs $2.8M, roughly 1.6× Alpha Cognition Inc.). MacKenzie Realty Capital, Inc. runs the higher net margin — -97.4% vs -245.5%, a 148.1% gap on every dollar of revenue.
MacKenzie Realty Capital, Inc. is a U.S.-based real estate investment firm focused on acquiring, owning, and managing a diversified portfolio of income-generating commercial and residential real estate assets. It targets properties in high-growth regional markets across the U.S. to deliver consistent long-term returns to its investors.
ACOG vs MKZR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.8M | $4.6M |
| Net Profit | $-6.9M | $-4.5M |
| Gross Margin | — | — |
| Operating Margin | -283.7% | -102.5% |
| Net Margin | -245.5% | -97.4% |
| Revenue YoY | — | -42.8% |
| Net Profit YoY | — | -0.4% |
| EPS (diluted) | $-0.10 | $-2.97 |
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 | $2.8M | $4.6M | ||
| Q3 25 | $2.8M | $4.5M | ||
| Q2 25 | $1.7M | $4.8M | ||
| Q1 25 | $2.9M | $4.3M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | — | $5.0M | ||
| Q2 24 | — | $4.5M | ||
| Q1 24 | — | $4.1M |
| Q4 25 | $-6.9M | $-4.5M | ||
| Q3 25 | $-1.3M | $-3.0M | ||
| Q2 25 | $-10.5M | $-6.0M | ||
| Q1 25 | $-2.0M | $-6.1M | ||
| Q4 24 | — | $-4.5M | ||
| Q3 24 | — | $-7.4M | ||
| Q2 24 | — | $-2.5M | ||
| Q1 24 | — | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 96.7% | — | ||
| Q1 25 | 99.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -283.7% | -102.5% | ||
| Q3 25 | -187.0% | -76.8% | ||
| Q2 25 | -346.1% | -117.3% | ||
| Q1 25 | -125.9% | -136.4% | ||
| Q4 24 | — | -56.7% | ||
| Q3 24 | — | -150.3% | ||
| Q2 24 | — | -58.1% | ||
| Q1 24 | — | -65.6% |
| Q4 25 | -245.5% | -97.4% | ||
| Q3 25 | -46.4% | -67.1% | ||
| Q2 25 | -632.7% | -125.1% | ||
| Q1 25 | -68.5% | -142.6% | ||
| Q4 24 | — | -55.5% | ||
| Q3 24 | — | -149.6% | ||
| Q2 24 | — | -55.6% | ||
| Q1 24 | — | -72.3% |
| Q4 25 | $-0.10 | $-2.97 | ||
| Q3 25 | $-0.30 | $-2.20 | ||
| Q2 25 | $-0.65 | $-8.16 | ||
| Q1 25 | $-0.13 | $-0.47 | ||
| Q4 24 | — | $-3.93 | ||
| Q3 24 | — | $-6.10 | ||
| Q2 24 | — | $-9.20 | ||
| Q1 24 | — | $-0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.0M | $4.3M |
| Total DebtLower is stronger | — | $145.6M |
| Stockholders' EquityBook value | $62.5M | $51.8M |
| Total Assets | $79.7M | $238.1M |
| Debt / EquityLower = less leverage | — | 2.81× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.0M | $4.3M | ||
| Q3 25 | $35.4M | $4.9M | ||
| Q2 25 | $39.4M | $3.6M | ||
| Q1 25 | $45.5M | $5.1M | ||
| Q4 24 | — | $6.5M | ||
| Q3 24 | — | $10.7M | ||
| Q2 24 | — | $11.9M | ||
| Q1 24 | — | $15.5M |
| Q4 25 | — | $145.6M | ||
| Q3 25 | — | $142.7M | ||
| Q2 25 | — | $135.3M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $14.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $117.3M | ||
| Q1 24 | — | — |
| Q4 25 | $62.5M | $51.8M | ||
| Q3 25 | $33.9M | $56.7M | ||
| Q2 25 | $31.9M | $59.9M | ||
| Q1 25 | $40.8M | $66.7M | ||
| Q4 24 | — | $68.3M | ||
| Q3 24 | — | $73.4M | ||
| Q2 24 | — | $82.4M | ||
| Q1 24 | — | $86.3M |
| Q4 25 | $79.7M | $238.1M | ||
| Q3 25 | $46.3M | $241.7M | ||
| Q2 25 | $45.1M | $236.0M | ||
| Q1 25 | $48.6M | $237.1M | ||
| Q4 24 | — | $236.4M | ||
| Q3 24 | — | $243.5M | ||
| Q2 24 | — | $233.1M | ||
| Q1 24 | — | $226.1M |
| Q4 25 | — | 2.81× | ||
| Q3 25 | — | 2.52× | ||
| Q2 25 | — | 2.26× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.42× | ||
| Q1 24 | — | — |
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 | $-6.9M | $-1.6M |
| Free Cash FlowOCF − Capex | $-7.1M | — |
| FCF MarginFCF / Revenue | -252.6% | — |
| Capex IntensityCapex / Revenue | 5.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-20.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.9M | $-1.6M | ||
| Q3 25 | $-5.3M | $-2.0M | ||
| Q2 25 | $-6.1M | $-1.7M | ||
| Q1 25 | $-2.0M | $-2.6M | ||
| Q4 24 | — | $1.9M | ||
| Q3 24 | — | $644.4K | ||
| Q2 24 | — | $-595.5K | ||
| Q1 24 | — | $743.3K |
| Q4 25 | $-7.1M | — | ||
| Q3 25 | $-5.4M | — | ||
| Q2 25 | $-6.1M | — | ||
| Q1 25 | $-2.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -252.6% | — | ||
| Q3 25 | -188.8% | — | ||
| Q2 25 | -370.9% | — | ||
| Q1 25 | -72.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 5.3% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
