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Side-by-side financial comparison of Almonty Industries Inc. (ALM) and FRP HOLDINGS, INC. (FRPH). Click either name above to swap in a different company.

FRP HOLDINGS, INC. is the larger business by last-quarter revenue ($10.9M vs $6.3M, roughly 1.7× Almonty Industries Inc.). FRP HOLDINGS, INC. runs the higher net margin — 1.3% vs -86.1%, a 87.3% gap on every dollar of revenue.

Almonty Industries Inc. is an international mining company primarily engaged in the extraction and development of tungsten resources. The company operates in Spain, Portugal, and South Korea and is publicly traded on the Toronto Stock Exchange (TSX). The current Chief Executive Officer is Lewis Black.

FRP Advisory is a business advisory firm based in the United Kingdom, providing restructuring, corporate finance, debt advisory, forensic accounting and financial advisory and is one of the UK’s largest specialists in the area of corporate restructuring.

ALM vs FRPH — Head-to-Head

Bigger by revenue
FRPH
FRPH
1.7× larger
FRPH
$10.9M
$6.3M
ALM
Higher net margin
FRPH
FRPH
87.3% more per $
FRPH
1.3%
-86.1%
ALM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ALM
ALM
FRPH
FRPH
Revenue
$6.3M
$10.9M
Net Profit
$-5.4M
$139.0K
Gross Margin
Operating Margin
15.4%
Net Margin
-86.1%
1.3%
Revenue YoY
3.6%
Net Profit YoY
-91.8%
EPS (diluted)
$0.03

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
ALM
ALM
FRPH
FRPH
Q4 25
$10.9M
Q3 25
$6.3M
$10.8M
Q2 25
$7.2M
$10.8M
Q1 25
$10.3M
Q4 24
$10.5M
Q3 24
$10.6M
Q2 24
$10.5M
Q1 24
$10.1M
Net Profit
ALM
ALM
FRPH
FRPH
Q4 25
$139.0K
Q3 25
$-5.4M
$662.0K
Q2 25
$-58.2M
$578.0K
Q1 25
$1.7M
Q4 24
$1.7M
Q3 24
$1.4M
Q2 24
$2.0M
Q1 24
$1.3M
Operating Margin
ALM
ALM
FRPH
FRPH
Q4 25
15.4%
Q3 25
12.6%
Q2 25
15.3%
Q1 25
22.6%
Q4 24
27.7%
Q3 24
29.0%
Q2 24
26.9%
Q1 24
28.4%
Net Margin
ALM
ALM
FRPH
FRPH
Q4 25
1.3%
Q3 25
-86.1%
6.1%
Q2 25
-809.4%
5.3%
Q1 25
16.6%
Q4 24
16.0%
Q3 24
12.8%
Q2 24
19.5%
Q1 24
12.8%
EPS (diluted)
ALM
ALM
FRPH
FRPH
Q4 25
$0.03
Q3 25
$0.03
Q2 25
$0.03
Q1 25
$0.09
Q4 24
$0.09
Q3 24
$0.07
Q2 24
$0.11
Q1 24
$0.07

Balance Sheet & Financial Strength

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

Metric
ALM
ALM
FRPH
FRPH
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$192.6M
Stockholders' EquityBook value
$428.5M
Total Assets
$735.1M
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALM
ALM
FRPH
FRPH
Q4 25
Q3 25
$134.9M
Q2 25
$153.2M
Q1 25
$142.9M
Q4 24
$148.6M
Q3 24
$144.7M
Q2 24
$156.9M
Q1 24
$152.5M
Total Debt
ALM
ALM
FRPH
FRPH
Q4 25
$192.6M
Q3 25
$185.3M
Q2 25
$180.4M
Q1 25
$178.3M
Q4 24
$178.9M
Q3 24
$178.8M
Q2 24
$178.8M
Q1 24
$178.7M
Stockholders' Equity
ALM
ALM
FRPH
FRPH
Q4 25
$428.5M
Q3 25
$427.7M
Q2 25
$426.7M
Q1 25
$425.2M
Q4 24
$423.1M
Q3 24
$420.9M
Q2 24
$419.1M
Q1 24
$416.1M
Total Assets
ALM
ALM
FRPH
FRPH
Q4 25
$735.1M
Q3 25
$731.3M
Q2 25
$722.8M
Q1 25
$717.1M
Q4 24
$728.5M
Q3 24
$726.9M
Q2 24
$711.9M
Q1 24
$705.7M
Debt / Equity
ALM
ALM
FRPH
FRPH
Q4 25
0.45×
Q3 25
0.43×
Q2 25
0.42×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.43×
Q1 24
0.43×

Cash Flow & Capital Efficiency

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

Metric
ALM
ALM
FRPH
FRPH
Operating Cash FlowLast quarter
$29.7M
Free Cash FlowOCF − Capex
$-21.5M
FCF MarginFCF / Revenue
-196.6%
Capex IntensityCapex / Revenue
468.5%
Cash ConversionOCF / Net Profit
213.50×
TTM Free Cash FlowTrailing 4 quarters
$-34.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALM
ALM
FRPH
FRPH
Q4 25
$29.7M
Q3 25
$8.1M
Q2 25
$8.7M
Q1 25
$4.5M
Q4 24
$29.0M
Q3 24
$6.3M
Q2 24
$12.2M
Q1 24
$2.9M
Free Cash Flow
ALM
ALM
FRPH
FRPH
Q4 25
$-21.5M
Q3 25
$-16.9M
Q2 25
$2.6M
Q1 25
$1.4M
Q4 24
$-22.2M
Q3 24
$-28.2M
Q2 24
$5.9M
Q1 24
$-3.3M
FCF Margin
ALM
ALM
FRPH
FRPH
Q4 25
-196.6%
Q3 25
-157.0%
Q2 25
24.0%
Q1 25
13.6%
Q4 24
-210.9%
Q3 24
-265.7%
Q2 24
56.0%
Q1 24
-32.6%
Capex Intensity
ALM
ALM
FRPH
FRPH
Q4 25
468.5%
Q3 25
232.0%
Q2 25
55.9%
Q1 25
30.1%
Q4 24
486.1%
Q3 24
325.1%
Q2 24
60.3%
Q1 24
61.2%
Cash Conversion
ALM
ALM
FRPH
FRPH
Q4 25
213.50×
Q3 25
12.21×
Q2 25
15.00×
Q1 25
2.63×
Q4 24
17.18×
Q3 24
4.65×
Q2 24
5.96×
Q1 24
2.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALM
ALM

Segment breakdown not available.

FRPH
FRPH

Other$5.6M51%
Multifamily Segment$5.3M49%

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