vs

Side-by-side financial comparison of Affinity Bancshares, Inc. (AFBI) and iPower Inc. (IPW). Click either name above to swap in a different company.

iPower Inc. is the larger business by last-quarter revenue ($12.0M vs $8.6M, roughly 1.4× Affinity Bancshares, Inc.). On growth, Affinity Bancshares, Inc. posted the faster year-over-year revenue change (12.8% vs -36.8%).

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

AFBI vs IPW — Head-to-Head

Bigger by revenue
IPW
IPW
1.4× larger
IPW
$12.0M
$8.6M
AFBI
Growing faster (revenue YoY)
AFBI
AFBI
+49.6% gap
AFBI
12.8%
-36.8%
IPW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AFBI
AFBI
IPW
IPW
Revenue
$8.6M
$12.0M
Net Profit
$2.1M
Gross Margin
40.0%
Operating Margin
35.9%
-14.1%
Net Margin
24.9%
Revenue YoY
12.8%
-36.8%
Net Profit YoY
58.5%
EPS (diluted)
$0.34
$-0.51

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
AFBI
AFBI
IPW
IPW
Q4 25
$8.6M
Q3 25
$8.4M
$12.0M
Q2 25
$8.3M
Q1 25
$7.8M
Q4 24
$7.6M
Q3 24
$8.0M
Q2 24
$8.3M
Q1 24
$7.3M
Net Profit
AFBI
AFBI
IPW
IPW
Q4 25
$2.1M
Q3 25
$2.2M
Q2 25
$2.2M
Q1 25
$1.8M
Q4 24
$1.3M
Q3 24
$1.7M
Q2 24
$1.0M
Q1 24
$1.3M
Gross Margin
AFBI
AFBI
IPW
IPW
Q4 25
Q3 25
40.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
AFBI
AFBI
IPW
IPW
Q4 25
35.9%
Q3 25
34.9%
-14.1%
Q2 25
34.1%
Q1 25
30.8%
Q4 24
21.1%
Q3 24
28.5%
Q2 24
16.2%
Q1 24
24.0%
Net Margin
AFBI
AFBI
IPW
IPW
Q4 25
24.9%
Q3 25
26.5%
Q2 25
25.9%
Q1 25
23.4%
Q4 24
17.7%
Q3 24
21.7%
Q2 24
12.5%
Q1 24
18.2%
EPS (diluted)
AFBI
AFBI
IPW
IPW
Q4 25
$0.34
Q3 25
$0.34
$-0.51
Q2 25
$0.33
Q1 25
$0.28
Q4 24
$0.21
Q3 24
$0.26
Q2 24
$0.16
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
AFBI
AFBI
IPW
IPW
Cash + ST InvestmentsLiquidity on hand
$53.9M
$904.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$127.0M
$17.9M
Total Assets
$881.7M
$28.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFBI
AFBI
IPW
IPW
Q4 25
$53.9M
Q3 25
$84.8M
$904.0K
Q2 25
$89.7M
Q1 25
$74.7M
Q4 24
$41.4M
Q3 24
$52.3M
Q2 24
$50.4M
Q1 24
$61.4M
Stockholders' Equity
AFBI
AFBI
IPW
IPW
Q4 25
$127.0M
Q3 25
$125.4M
$17.9M
Q2 25
$124.1M
Q1 25
$122.3M
Q4 24
$129.1M
Q3 24
$128.4M
Q2 24
$125.1M
Q1 24
$123.3M
Total Assets
AFBI
AFBI
IPW
IPW
Q4 25
$881.7M
Q3 25
$925.2M
$28.6M
Q2 25
$933.8M
Q1 25
$912.5M
Q4 24
$866.8M
Q3 24
$878.6M
Q2 24
$873.6M
Q1 24
$869.5M

Cash Flow & Capital Efficiency

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

Metric
AFBI
AFBI
IPW
IPW
Operating Cash FlowLast quarter
$11.6M
$1.7M
Free Cash FlowOCF − Capex
$11.2M
FCF MarginFCF / Revenue
130.9%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
5.46×
TTM Free Cash FlowTrailing 4 quarters
$20.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFBI
AFBI
IPW
IPW
Q4 25
$11.6M
Q3 25
$3.7M
$1.7M
Q2 25
$3.8M
Q1 25
$1.9M
Q4 24
$6.8M
Q3 24
$4.1M
Q2 24
$619.0K
Q1 24
$1.2M
Free Cash Flow
AFBI
AFBI
IPW
IPW
Q4 25
$11.2M
Q3 25
$3.6M
Q2 25
$3.7M
Q1 25
$1.8M
Q4 24
$6.4M
Q3 24
$4.0M
Q2 24
$489.0K
Q1 24
$1.1M
FCF Margin
AFBI
AFBI
IPW
IPW
Q4 25
130.9%
Q3 25
43.3%
Q2 25
44.0%
Q1 25
22.7%
Q4 24
83.9%
Q3 24
49.5%
Q2 24
5.9%
Q1 24
14.8%
Capex Intensity
AFBI
AFBI
IPW
IPW
Q4 25
4.9%
Q3 25
0.8%
Q2 25
1.4%
Q1 25
1.9%
Q4 24
5.6%
Q3 24
1.7%
Q2 24
1.6%
Q1 24
1.8%
Cash Conversion
AFBI
AFBI
IPW
IPW
Q4 25
5.46×
Q3 25
1.66×
Q2 25
1.75×
Q1 25
1.05×
Q4 24
5.05×
Q3 24
2.36×
Q2 24
0.60×
Q1 24
0.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AFBI
AFBI

Segment breakdown not available.

IPW
IPW

Products$10.5M87%
Services$1.5M13%

Related Comparisons