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Side-by-side financial comparison of AUDIOEYE INC (AEYE) and Finward Bancorp (FNWD). Click either name above to swap in a different company.

Finward Bancorp is the larger business by last-quarter revenue ($16.5M vs $10.5M, roughly 1.6× AUDIOEYE INC). Finward Bancorp runs the higher net margin — 12.0% vs -10.0%, a 22.0% gap on every dollar of revenue. On growth, AUDIOEYE INC posted the faster year-over-year revenue change (7.9% vs 1.1%). Finward Bancorp produced more free cash flow last quarter ($9.0M vs $2.5M). Over the past eight quarters, AUDIOEYE INC's revenue compounded faster (13.9% CAGR vs -19.1%).

AudioEye Inc. is a digital accessibility technology provider that delivers automated and manual solutions to help organizations make their websites, mobile applications, and other digital assets accessible to users with disabilities. It serves clients across retail, education, healthcare, government and other sectors primarily in the North American market, supporting compliance with global accessibility standards.

Finward Bancorp is a U.S.-headquartered regional bank holding company. It offers a full range of retail and commercial banking products and services, including deposit accounts, personal and mortgage loans, small business financing, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises in its local operating regions.

AEYE vs FNWD — Head-to-Head

Bigger by revenue
FNWD
FNWD
1.6× larger
FNWD
$16.5M
$10.5M
AEYE
Growing faster (revenue YoY)
AEYE
AEYE
+6.9% gap
AEYE
7.9%
1.1%
FNWD
Higher net margin
FNWD
FNWD
22.0% more per $
FNWD
12.0%
-10.0%
AEYE
More free cash flow
FNWD
FNWD
$6.5M more FCF
FNWD
$9.0M
$2.5M
AEYE
Faster 2-yr revenue CAGR
AEYE
AEYE
Annualised
AEYE
13.9%
-19.1%
FNWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AEYE
AEYE
FNWD
FNWD
Revenue
$10.5M
$16.5M
Net Profit
$-1.1M
$2.0M
Gross Margin
78.9%
Operating Margin
-7.8%
11.0%
Net Margin
-10.0%
12.0%
Revenue YoY
7.9%
1.1%
Net Profit YoY
29.3%
-5.6%
EPS (diluted)
$0.46

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
AEYE
AEYE
FNWD
FNWD
Q4 25
$10.5M
$16.5M
Q3 25
$10.2M
$17.4M
Q2 25
$9.9M
$16.6M
Q1 25
$9.7M
$15.5M
Q4 24
$9.7M
$16.3M
Q3 24
$8.9M
$14.9M
Q2 24
$8.5M
$14.6M
Q1 24
$8.1M
$25.3M
Net Profit
AEYE
AEYE
FNWD
FNWD
Q4 25
$-1.1M
$2.0M
Q3 25
$-554.0K
$3.5M
Q2 25
$-2.0K
$2.2M
Q1 25
$-1.5M
$455.0K
Q4 24
$-1.5M
$2.1M
Q3 24
$-1.2M
$606.0K
Q2 24
$-735.0K
$143.0K
Q1 24
$-829.0K
$9.3M
Gross Margin
AEYE
AEYE
FNWD
FNWD
Q4 25
78.9%
Q3 25
77.4%
Q2 25
77.3%
Q1 25
79.5%
Q4 24
80.3%
Q3 24
79.6%
Q2 24
79.2%
Q1 24
78.2%
Operating Margin
AEYE
AEYE
FNWD
FNWD
Q4 25
-7.8%
11.0%
Q3 25
-3.1%
20.5%
Q2 25
2.5%
12.7%
Q1 25
-9.7%
4.0%
Q4 24
-13.1%
16.3%
Q3 24
-11.1%
2.7%
Q2 24
-5.9%
0.9%
Q1 24
-7.8%
40.6%
Net Margin
AEYE
AEYE
FNWD
FNWD
Q4 25
-10.0%
12.0%
Q3 25
-5.4%
20.1%
Q2 25
-0.0%
12.9%
Q1 25
-15.1%
2.9%
Q4 24
-15.3%
12.9%
Q3 24
-13.5%
4.1%
Q2 24
-8.7%
1.0%
Q1 24
-10.3%
36.7%
EPS (diluted)
AEYE
AEYE
FNWD
FNWD
Q4 25
$0.46
Q3 25
$-0.04
$0.81
Q2 25
$0.50
Q1 25
$0.11
Q4 24
$-0.13
$0.50
Q3 24
$-0.10
$0.14
Q2 24
$-0.06
$0.03
Q1 24
$-0.07
$2.17

Balance Sheet & Financial Strength

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

Metric
AEYE
AEYE
FNWD
FNWD
Cash + ST InvestmentsLiquidity on hand
$5.3M
Total DebtLower is stronger
$13.4M
Stockholders' EquityBook value
$4.8M
$174.7M
Total Assets
$32.2M
$2.0B
Debt / EquityLower = less leverage
2.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEYE
AEYE
FNWD
FNWD
Q4 25
$5.3M
Q3 25
$4.5M
Q2 25
$6.9M
Q1 25
$8.3M
Q4 24
$5.7M
Q3 24
$5.5M
Q2 24
$5.1M
Q1 24
$7.0M
Total Debt
AEYE
AEYE
FNWD
FNWD
Q4 25
$13.4M
Q3 25
$13.4M
Q2 25
$13.4M
Q1 25
$12.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AEYE
AEYE
FNWD
FNWD
Q4 25
$4.8M
$174.7M
Q3 25
$5.7M
$165.5M
Q2 25
$7.3M
$154.3M
Q1 25
$7.9M
$151.8M
Q4 24
$9.4M
$151.4M
Q3 24
$7.4M
$159.6M
Q2 24
$4.9M
$148.6M
Q1 24
$4.9M
$151.6M
Total Assets
AEYE
AEYE
FNWD
FNWD
Q4 25
$32.2M
$2.0B
Q3 25
$30.5M
$2.1B
Q2 25
$33.9M
$2.1B
Q1 25
$33.1M
$2.0B
Q4 24
$29.8M
$2.1B
Q3 24
$29.4M
$2.1B
Q2 24
$22.0M
$2.1B
Q1 24
$23.6M
$2.1B
Debt / Equity
AEYE
AEYE
FNWD
FNWD
Q4 25
2.79×
Q3 25
2.37×
Q2 25
1.82×
Q1 25
1.51×
Q4 24
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
AEYE
AEYE
FNWD
FNWD
Operating Cash FlowLast quarter
$2.5M
$9.9M
Free Cash FlowOCF − Capex
$2.5M
$9.0M
FCF MarginFCF / Revenue
23.9%
54.8%
Capex IntensityCapex / Revenue
0.3%
5.2%
Cash ConversionOCF / Net Profit
4.99×
TTM Free Cash FlowTrailing 4 quarters
$4.7M
$10.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEYE
AEYE
FNWD
FNWD
Q4 25
$2.5M
$9.9M
Q3 25
$1.0M
$1.2M
Q2 25
$1.2M
$4.8M
Q1 25
$-44.0K
$-3.8M
Q4 24
$565.0K
$9.8M
Q3 24
$1.6M
$-3.7M
Q2 24
$410.0K
$2.8M
Q1 24
$203.0K
$-25.0K
Free Cash Flow
AEYE
AEYE
FNWD
FNWD
Q4 25
$2.5M
$9.0M
Q3 25
$1.0M
$1.0M
Q2 25
$1.2M
$4.5M
Q1 25
$-47.0K
$-4.0M
Q4 24
$525.0K
$6.7M
Q3 24
$1.5M
$-4.2M
Q2 24
$392.0K
$1.1M
Q1 24
$146.0K
$-736.0K
FCF Margin
AEYE
AEYE
FNWD
FNWD
Q4 25
23.9%
54.8%
Q3 25
10.2%
6.0%
Q2 25
12.1%
27.0%
Q1 25
-0.5%
-25.7%
Q4 24
5.4%
41.2%
Q3 24
17.3%
-28.5%
Q2 24
4.6%
7.6%
Q1 24
1.8%
-2.9%
Capex Intensity
AEYE
AEYE
FNWD
FNWD
Q4 25
0.3%
5.2%
Q3 25
0.0%
0.9%
Q2 25
0.2%
1.7%
Q1 25
0.0%
1.2%
Q4 24
0.4%
18.8%
Q3 24
0.1%
3.4%
Q2 24
0.2%
11.2%
Q1 24
0.7%
2.8%
Cash Conversion
AEYE
AEYE
FNWD
FNWD
Q4 25
4.99×
Q3 25
0.34×
Q2 25
2.22×
Q1 25
-8.37×
Q4 24
4.66×
Q3 24
-6.15×
Q2 24
19.23×
Q1 24
-0.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AEYE
AEYE

Partner And Marketplace$5.7M55%
Enterprise$4.8M45%

FNWD
FNWD

Segment breakdown not available.

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