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

Venus Concept Inc. is the larger business by last-quarter revenue ($13.8M vs $8.6M, roughly 1.6× Affinity Bancshares, Inc.). Affinity Bancshares, Inc. runs the higher net margin — 24.9% vs -163.8%, a 188.7% gap on every dollar of revenue. On growth, Affinity Bancshares, Inc. posted the faster year-over-year revenue change (12.8% vs -8.2%). Affinity Bancshares, Inc. produced more free cash flow last quarter ($11.2M vs $-4.9M). Over the past eight quarters, Affinity Bancshares, Inc.'s revenue compounded faster (8.1% CAGR vs -12.8%).

Venus Concept Inc is a global medical technology firm specializing in the development, manufacturing, and distribution of non-invasive and minimally invasive aesthetic medical devices. Its product portfolio covers hair removal, skin rejuvenation, body contouring, and anti-aging solutions, serving dermatology clinics, plastic surgery centers, and medical spas across North America, Europe, and Asia Pacific markets.

AFBI vs VERO — Head-to-Head

Bigger by revenue
VERO
VERO
1.6× larger
VERO
$13.8M
$8.6M
AFBI
Growing faster (revenue YoY)
AFBI
AFBI
+21.0% gap
AFBI
12.8%
-8.2%
VERO
Higher net margin
AFBI
AFBI
188.7% more per $
AFBI
24.9%
-163.8%
VERO
More free cash flow
AFBI
AFBI
$16.1M more FCF
AFBI
$11.2M
$-4.9M
VERO
Faster 2-yr revenue CAGR
AFBI
AFBI
Annualised
AFBI
8.1%
-12.8%
VERO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AFBI
AFBI
VERO
VERO
Revenue
$8.6M
$13.8M
Net Profit
$2.1M
$-22.6M
Gross Margin
64.0%
Operating Margin
35.9%
-68.9%
Net Margin
24.9%
-163.8%
Revenue YoY
12.8%
-8.2%
Net Profit YoY
58.5%
-143.0%
EPS (diluted)
$0.34
$-12.14

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
VERO
VERO
Q4 25
$8.6M
Q3 25
$8.4M
$13.8M
Q2 25
$8.3M
$15.7M
Q1 25
$7.8M
$13.6M
Q4 24
$7.6M
$15.8M
Q3 24
$8.0M
$15.0M
Q2 24
$8.3M
$16.6M
Q1 24
$7.3M
$17.5M
Net Profit
AFBI
AFBI
VERO
VERO
Q4 25
$2.1M
Q3 25
$2.2M
$-22.6M
Q2 25
$2.2M
$-11.7M
Q1 25
$1.8M
$-12.4M
Q4 24
$1.3M
$-8.0M
Q3 24
$1.7M
$-9.3M
Q2 24
$1.0M
$-20.0M
Q1 24
$1.3M
$-9.8M
Gross Margin
AFBI
AFBI
VERO
VERO
Q4 25
Q3 25
64.0%
Q2 25
60.1%
Q1 25
64.2%
Q4 24
69.1%
Q3 24
66.1%
Q2 24
71.5%
Q1 24
66.6%
Operating Margin
AFBI
AFBI
VERO
VERO
Q4 25
35.9%
Q3 25
34.9%
-68.9%
Q2 25
34.1%
-57.6%
Q1 25
30.8%
-69.8%
Q4 24
21.1%
-42.3%
Q3 24
28.5%
-47.7%
Q2 24
16.2%
-33.7%
Q1 24
24.0%
-44.4%
Net Margin
AFBI
AFBI
VERO
VERO
Q4 25
24.9%
Q3 25
26.5%
-163.8%
Q2 25
25.9%
-74.7%
Q1 25
23.4%
-90.6%
Q4 24
17.7%
-50.5%
Q3 24
21.7%
-61.9%
Q2 24
12.5%
-120.3%
Q1 24
18.2%
-56.0%
EPS (diluted)
AFBI
AFBI
VERO
VERO
Q4 25
$0.34
Q3 25
$0.34
$-12.14
Q2 25
$0.33
$-8.03
Q1 25
$0.28
$-17.44
Q4 24
$0.21
$-10.26
Q3 24
$0.26
$-13.10
Q2 24
$0.16
$-30.93
Q1 24
$0.20
$-16.92

Balance Sheet & Financial Strength

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

Metric
AFBI
AFBI
VERO
VERO
Cash + ST InvestmentsLiquidity on hand
$53.9M
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$127.0M
$2.7M
Total Assets
$881.7M
$61.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFBI
AFBI
VERO
VERO
Q4 25
$53.9M
Q3 25
$84.8M
$4.3M
Q2 25
$89.7M
$3.9M
Q1 25
$74.7M
$3.2M
Q4 24
$41.4M
$4.3M
Q3 24
$52.3M
$4.5M
Q2 24
$50.4M
$5.7M
Q1 24
$61.4M
$5.1M
Stockholders' Equity
AFBI
AFBI
VERO
VERO
Q4 25
$127.0M
Q3 25
$125.4M
$2.7M
Q2 25
$124.1M
$2.3M
Q1 25
$122.3M
$2.3M
Q4 24
$129.1M
$2.4M
Q3 24
$128.4M
$10.1M
Q2 24
$125.1M
$3.7M
Q1 24
$123.3M
$-22.5M
Total Assets
AFBI
AFBI
VERO
VERO
Q4 25
$881.7M
Q3 25
$925.2M
$61.6M
Q2 25
$933.8M
$63.1M
Q1 25
$912.5M
$63.5M
Q4 24
$866.8M
$68.2M
Q3 24
$878.6M
$72.3M
Q2 24
$873.6M
$79.8M
Q1 24
$869.5M
$85.1M

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
VERO
VERO
Operating Cash FlowLast quarter
$11.6M
$-4.9M
Free Cash FlowOCF − Capex
$11.2M
$-4.9M
FCF MarginFCF / Revenue
130.9%
-35.6%
Capex IntensityCapex / Revenue
4.9%
0.1%
Cash ConversionOCF / Net Profit
5.46×
TTM Free Cash FlowTrailing 4 quarters
$20.3M
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFBI
AFBI
VERO
VERO
Q4 25
$11.6M
Q3 25
$3.7M
$-4.9M
Q2 25
$3.8M
$-5.4M
Q1 25
$1.9M
$-6.3M
Q4 24
$6.8M
$-3.8M
Q3 24
$4.1M
$-3.0M
Q2 24
$619.0K
$-1.3M
Q1 24
$1.2M
$-2.9M
Free Cash Flow
AFBI
AFBI
VERO
VERO
Q4 25
$11.2M
Q3 25
$3.6M
$-4.9M
Q2 25
$3.7M
$-5.6M
Q1 25
$1.8M
$-6.3M
Q4 24
$6.4M
$-3.9M
Q3 24
$4.0M
$-3.1M
Q2 24
$489.0K
$-1.4M
Q1 24
$1.1M
$-2.9M
FCF Margin
AFBI
AFBI
VERO
VERO
Q4 25
130.9%
Q3 25
43.3%
-35.6%
Q2 25
44.0%
-35.8%
Q1 25
22.7%
-46.5%
Q4 24
83.9%
-24.7%
Q3 24
49.5%
-20.3%
Q2 24
5.9%
-8.2%
Q1 24
14.8%
-16.6%
Capex Intensity
AFBI
AFBI
VERO
VERO
Q4 25
4.9%
Q3 25
0.8%
0.1%
Q2 25
1.4%
1.0%
Q1 25
1.9%
0.3%
Q4 24
5.6%
0.5%
Q3 24
1.7%
0.0%
Q2 24
1.6%
0.1%
Q1 24
1.8%
0.1%
Cash Conversion
AFBI
AFBI
VERO
VERO
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.

VERO
VERO

Products And Services$10.8M79%
Leases$2.9M21%

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