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Side-by-side financial comparison of Ares Commercial Real Estate Corp (ACRE) and Globavend Holdings Ltd (GVH). Click either name above to swap in a different company.

Globavend Holdings Ltd is the larger business by last-quarter revenue ($13.7M vs $13.2M, roughly 1.0× Ares Commercial Real Estate Corp). Globavend Holdings Ltd runs the higher net margin — 3.3% vs -29.2%, a 32.5% gap on every dollar of revenue. On growth, Globavend Holdings Ltd posted the faster year-over-year revenue change (63.7% vs -24.5%).

Ares Commercial Real Estate Corp is a specialty finance company focused on the commercial real estate sector. It offers a full suite of customized financing solutions including senior mortgage loans, subordinated debt and preferred equity, primarily serving middle-market commercial property owners and operators across the United States.

Globavend Holdings Ltd is a provider of smart unattended retail solutions, focusing on the design, supply, and operation of intelligent vending machines. It primarily serves markets across Australia, New Zealand, and Southeast Asia, offering end-to-end services including hardware manufacturing, inventory management software, and after-sales support to clients in retail, FMCG, and workplace service segments.

ACRE vs GVH — Head-to-Head

Bigger by revenue
GVH
GVH
1.0× larger
GVH
$13.7M
$13.2M
ACRE
Growing faster (revenue YoY)
GVH
GVH
+88.2% gap
GVH
63.7%
-24.5%
ACRE
Higher net margin
GVH
GVH
32.5% more per $
GVH
3.3%
-29.2%
ACRE

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
ACRE
ACRE
GVH
GVH
Revenue
$13.2M
$13.7M
Net Profit
$-3.9M
$450.3K
Gross Margin
10.5%
Operating Margin
-29.2%
5.8%
Net Margin
-29.2%
3.3%
Revenue YoY
-24.5%
63.7%
Net Profit YoY
63.8%
-49.9%
EPS (diluted)
$6.01

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
ACRE
ACRE
GVH
GVH
Q4 25
$13.2M
Q3 25
$14.1M
Q2 25
$12.6M
Q1 25
$14.9M
$13.7M
Q4 24
$17.5M
Q3 24
$16.7M
Q2 24
$16.8M
Q1 24
$18.7M
$8.4M
Net Profit
ACRE
ACRE
GVH
GVH
Q4 25
$-3.9M
Q3 25
$4.7M
Q2 25
$-11.0M
Q1 25
$9.3M
$450.3K
Q4 24
$-10.7M
Q3 24
$-5.9M
Q2 24
$-6.1M
Q1 24
$-12.3M
$898.8K
Gross Margin
ACRE
ACRE
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
10.5%
Q4 24
Q3 24
Q2 24
Q1 24
19.8%
Operating Margin
ACRE
ACRE
GVH
GVH
Q4 25
-29.2%
Q3 25
33.0%
Q2 25
-87.8%
Q1 25
64.4%
5.8%
Q4 24
-61.0%
Q3 24
-35.3%
Q2 24
-36.5%
Q1 24
-65.9%
13.8%
Net Margin
ACRE
ACRE
GVH
GVH
Q4 25
-29.2%
Q3 25
33.0%
Q2 25
-87.8%
Q1 25
62.5%
3.3%
Q4 24
-60.9%
Q3 24
-35.3%
Q2 24
-36.5%
Q1 24
-65.9%
10.7%
EPS (diluted)
ACRE
ACRE
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
$6.01
Q4 24
Q3 24
Q2 24
Q1 24
$12.57

Balance Sheet & Financial Strength

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

Metric
ACRE
ACRE
GVH
GVH
Cash + ST InvestmentsLiquidity on hand
$29.3M
$915.2K
Total DebtLower is stronger
$948.2M
Stockholders' EquityBook value
$509.6M
$5.7M
Total Assets
$1.6B
$6.4M
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACRE
ACRE
GVH
GVH
Q4 25
$29.3M
Q3 25
$84.9M
Q2 25
$90.0M
Q1 25
$125.5M
$915.2K
Q4 24
$63.8M
Q3 24
$68.9M
Q2 24
$70.6M
Q1 24
$99.5M
$2.5M
Total Debt
ACRE
ACRE
GVH
GVH
Q4 25
$948.2M
Q3 25
Q2 25
Q1 25
Q4 24
$718.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACRE
ACRE
GVH
GVH
Q4 25
$509.6M
Q3 25
$521.0M
Q2 25
$523.7M
Q1 25
$542.1M
$5.7M
Q4 24
$540.1M
Q3 24
$563.8M
Q2 24
$582.3M
Q1 24
$601.1M
$4.4M
Total Assets
ACRE
ACRE
GVH
GVH
Q4 25
$1.6B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
$6.4M
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$2.1B
Q1 24
$2.1B
$6.0M
Debt / Equity
ACRE
ACRE
GVH
GVH
Q4 25
1.86×
Q3 25
Q2 25
Q1 25
Q4 24
1.33×
Q3 24
Q2 24
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
ACRE
ACRE
GVH
GVH
Operating Cash FlowLast quarter
$21.4M
$-906.3K
Free Cash FlowOCF − Capex
$-1.2M
FCF MarginFCF / Revenue
-8.8%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
-2.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACRE
ACRE
GVH
GVH
Q4 25
$21.4M
Q3 25
$3.8M
Q2 25
$4.9M
Q1 25
$8.0M
$-906.3K
Q4 24
$35.5M
Q3 24
$8.4M
Q2 24
$8.7M
Q1 24
$11.4M
$-256.6K
Free Cash Flow
ACRE
ACRE
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
$-1.2M
Q4 24
Q3 24
Q2 24
Q1 24
$-730.0K
FCF Margin
ACRE
ACRE
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
-8.8%
Q4 24
Q3 24
Q2 24
Q1 24
-8.7%
Capex Intensity
ACRE
ACRE
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
2.2%
Q4 24
Q3 24
Q2 24
Q1 24
5.6%
Cash Conversion
ACRE
ACRE
GVH
GVH
Q4 25
Q3 25
0.82×
Q2 25
Q1 25
0.86×
-2.01×
Q4 24
Q3 24
Q2 24
Q1 24
-0.29×

Financial Flow Comparison

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

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