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

Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $8.6M, roughly 1.5× Affinity Bancshares, Inc.). Affinity Bancshares, Inc. runs the higher net margin — 24.9% vs -69.8%, a 94.7% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs 12.8%). Affinity Bancshares, Inc. produced more free cash flow last quarter ($11.2M vs $-3.6M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs 8.1%).

Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.

AFBI vs LOCL — Head-to-Head

Bigger by revenue
LOCL
LOCL
1.5× larger
LOCL
$12.5M
$8.6M
AFBI
Growing faster (revenue YoY)
LOCL
LOCL
+10.9% gap
LOCL
23.7%
12.8%
AFBI
Higher net margin
AFBI
AFBI
94.7% more per $
AFBI
24.9%
-69.8%
LOCL
More free cash flow
AFBI
AFBI
$14.8M more FCF
AFBI
$11.2M
$-3.6M
LOCL
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
8.1%
AFBI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AFBI
AFBI
LOCL
LOCL
Revenue
$8.6M
$12.5M
Net Profit
$2.1M
$-8.7M
Gross Margin
12.2%
Operating Margin
35.9%
-106.1%
Net Margin
24.9%
-69.8%
Revenue YoY
12.8%
23.7%
Net Profit YoY
58.5%
76.0%
EPS (diluted)
$0.34
$1.52

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
LOCL
LOCL
Q4 25
$8.6M
$12.5M
Q3 25
$8.4M
$12.2M
Q2 25
$8.3M
$12.1M
Q1 25
$7.8M
$11.6M
Q4 24
$7.6M
$10.1M
Q3 24
$8.0M
$10.2M
Q2 24
$8.3M
$9.4M
Q1 24
$7.3M
$8.4M
Net Profit
AFBI
AFBI
LOCL
LOCL
Q4 25
$2.1M
$-8.7M
Q3 25
$2.2M
$-26.4M
Q2 25
$2.2M
$-21.6M
Q1 25
$1.8M
$-37.7M
Q4 24
$1.3M
$-36.3M
Q3 24
$1.7M
$-34.3M
Q2 24
$1.0M
$-25.3M
Q1 24
$1.3M
$-24.1M
Gross Margin
AFBI
AFBI
LOCL
LOCL
Q4 25
12.2%
Q3 25
11.5%
Q2 25
12.2%
Q1 25
12.6%
Q4 24
5.4%
Q3 24
13.8%
Q2 24
14.3%
Q1 24
9.4%
Operating Margin
AFBI
AFBI
LOCL
LOCL
Q4 25
35.9%
-106.1%
Q3 25
34.9%
-149.4%
Q2 25
34.1%
-127.7%
Q1 25
30.8%
-135.6%
Q4 24
21.1%
-166.6%
Q3 24
28.5%
-176.0%
Q2 24
16.2%
-146.8%
Q1 24
24.0%
-122.9%
Net Margin
AFBI
AFBI
LOCL
LOCL
Q4 25
24.9%
-69.8%
Q3 25
26.5%
-216.6%
Q2 25
25.9%
-178.3%
Q1 25
23.4%
-324.6%
Q4 24
17.7%
-360.1%
Q3 24
21.7%
-335.2%
Q2 24
12.5%
-267.6%
Q1 24
18.2%
-286.9%
EPS (diluted)
AFBI
AFBI
LOCL
LOCL
Q4 25
$0.34
$1.52
Q3 25
$0.34
$-1.18
Q2 25
$0.33
$-1.63
Q1 25
$0.28
$-4.32
Q4 24
$0.21
$-4.24
Q3 24
$0.26
$-4.01
Q2 24
$0.16
$-3.00
Q1 24
$0.20
$-2.89

Balance Sheet & Financial Strength

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

Metric
AFBI
AFBI
LOCL
LOCL
Cash + ST InvestmentsLiquidity on hand
$53.9M
$4.2M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$127.0M
$-166.2M
Total Assets
$881.7M
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFBI
AFBI
LOCL
LOCL
Q4 25
$53.9M
$4.2M
Q3 25
$84.8M
$6.2M
Q2 25
$89.7M
$5.3M
Q1 25
$74.7M
$18.0M
Q4 24
$41.4M
$937.0K
Q3 24
$52.3M
$317.0K
Q2 24
$50.4M
$9.7M
Q1 24
$61.4M
$8.2M
Total Debt
AFBI
AFBI
LOCL
LOCL
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
Q1 25
$480.0M
Q4 24
$436.8M
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
AFBI
AFBI
LOCL
LOCL
Q4 25
$127.0M
$-166.2M
Q3 25
$125.4M
$-158.1M
Q2 25
$124.1M
$-132.7M
Q1 25
$122.3M
$-134.5M
Q4 24
$129.1M
$-100.5M
Q3 24
$128.4M
$-65.6M
Q2 24
$125.1M
$-32.8M
Q1 24
$123.3M
$-9.4M
Total Assets
AFBI
AFBI
LOCL
LOCL
Q4 25
$881.7M
$410.5M
Q3 25
$925.2M
$417.8M
Q2 25
$933.8M
$426.8M
Q1 25
$912.5M
$447.2M
Q4 24
$866.8M
$428.0M
Q3 24
$878.6M
$430.8M
Q2 24
$873.6M
$438.1M
Q1 24
$869.5M
$413.4M

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
LOCL
LOCL
Operating Cash FlowLast quarter
$11.6M
$-3.1M
Free Cash FlowOCF − Capex
$11.2M
$-3.6M
FCF MarginFCF / Revenue
130.9%
-29.1%
Capex IntensityCapex / Revenue
4.9%
3.9%
Cash ConversionOCF / Net Profit
5.46×
TTM Free Cash FlowTrailing 4 quarters
$20.3M
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFBI
AFBI
LOCL
LOCL
Q4 25
$11.6M
$-3.1M
Q3 25
$3.7M
$-8.9M
Q2 25
$3.8M
$-8.7M
Q1 25
$1.9M
$-9.6M
Q4 24
$6.8M
$1.2M
Q3 24
$4.1M
$-17.2M
Q2 24
$619.0K
$-4.0M
Q1 24
$1.2M
$-7.1M
Free Cash Flow
AFBI
AFBI
LOCL
LOCL
Q4 25
$11.2M
$-3.6M
Q3 25
$3.6M
$-10.1M
Q2 25
$3.7M
$-14.6M
Q1 25
$1.8M
$-14.5M
Q4 24
$6.4M
$-8.6M
Q3 24
$4.0M
$-30.0M
Q2 24
$489.0K
$-28.8M
Q1 24
$1.1M
$-42.1M
FCF Margin
AFBI
AFBI
LOCL
LOCL
Q4 25
130.9%
-29.1%
Q3 25
43.3%
-82.8%
Q2 25
44.0%
-121.0%
Q1 25
22.7%
-125.1%
Q4 24
83.9%
-85.3%
Q3 24
49.5%
-293.1%
Q2 24
5.9%
-305.4%
Q1 24
14.8%
-501.8%
Capex Intensity
AFBI
AFBI
LOCL
LOCL
Q4 25
4.9%
3.9%
Q3 25
0.8%
9.7%
Q2 25
1.4%
48.9%
Q1 25
1.9%
42.8%
Q4 24
5.6%
97.6%
Q3 24
1.7%
125.0%
Q2 24
1.6%
263.0%
Q1 24
1.8%
417.3%
Cash Conversion
AFBI
AFBI
LOCL
LOCL
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.

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