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Side-by-side financial comparison of Aeluma, Inc. (ALMU) and Marwynn Holdings, Inc. (MWYN). Click either name above to swap in a different company.

Marwynn Holdings, Inc. is the larger business by last-quarter revenue ($2.3M vs $1.3M, roughly 1.8× Aeluma, Inc.). Marwynn Holdings, Inc. runs the higher net margin — -116.0% vs -145.7%, a 29.6% gap on every dollar of revenue. On growth, Marwynn Holdings, Inc. posted the faster year-over-year revenue change (-13.3% vs -21.1%).

Aeluma, Inc. is a U.S.-headquartered technology firm focused on the design, development, and production of high-performance optoelectronic components and semiconductor products. Its core offerings include photonic sensors and laser diodes, serving the LiDAR, 5G/6G communication, industrial sensing, and automotive markets across North America and the Asia-Pacific region.

Marwynn Holdings, Inc. is a Canada-based investment holding company focused on acquiring, managing, and scaling middle-market businesses primarily across North America. Its core operating segments cover industrial products, consumer goods, and technology-enabled services, targeting sustainable long-term value creation for its stakeholders.

ALMU vs MWYN — Head-to-Head

Bigger by revenue
MWYN
MWYN
1.8× larger
MWYN
$2.3M
$1.3M
ALMU
Growing faster (revenue YoY)
MWYN
MWYN
+7.8% gap
MWYN
-13.3%
-21.1%
ALMU
Higher net margin
MWYN
MWYN
29.6% more per $
MWYN
-116.0%
-145.7%
ALMU

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ALMU
ALMU
MWYN
MWYN
Revenue
$1.3M
$2.3M
Net Profit
$-1.9M
$-2.7M
Gross Margin
27.8%
42.4%
Operating Margin
-163.6%
-115.8%
Net Margin
-145.7%
-116.0%
Revenue YoY
-21.1%
-13.3%
Net Profit YoY
36.0%
-11713.9%
EPS (diluted)
$-0.11
$-0.16

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
ALMU
ALMU
MWYN
MWYN
Q4 25
$1.3M
Q3 25
$1.4M
$2.3M
Q1 25
$623.7K
Net Profit
ALMU
ALMU
MWYN
MWYN
Q4 25
$-1.9M
Q3 25
$-1.5M
$-2.7M
Q1 25
$23.4K
Gross Margin
ALMU
ALMU
MWYN
MWYN
Q4 25
27.8%
Q3 25
49.4%
42.4%
Q1 25
39.2%
Operating Margin
ALMU
ALMU
MWYN
MWYN
Q4 25
-163.6%
Q3 25
-116.1%
-115.8%
Q1 25
13.5%
Net Margin
ALMU
ALMU
MWYN
MWYN
Q4 25
-145.7%
Q3 25
-107.8%
-116.0%
Q1 25
3.8%
EPS (diluted)
ALMU
ALMU
MWYN
MWYN
Q4 25
$-0.11
Q3 25
$-0.09
$-0.16
Q1 25
$0.00

Balance Sheet & Financial Strength

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

Metric
ALMU
ALMU
MWYN
MWYN
Cash + ST InvestmentsLiquidity on hand
$38.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$40.8M
$2.3M
Total Assets
$42.6M
$11.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALMU
ALMU
MWYN
MWYN
Q4 25
$38.6M
Q3 25
$25.9M
Q1 25
$480
Stockholders' Equity
ALMU
ALMU
MWYN
MWYN
Q4 25
$40.8M
Q3 25
$40.9M
$2.3M
Q1 25
$2.4M
Total Assets
ALMU
ALMU
MWYN
MWYN
Q4 25
$42.6M
Q3 25
$42.7M
$11.6M
Q1 25
$12.6M

Cash Flow & Capital Efficiency

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

Metric
ALMU
ALMU
MWYN
MWYN
Operating Cash FlowLast quarter
$-251.0K
$-95.1K
Free Cash FlowOCF − Capex
$-282.0K
FCF MarginFCF / Revenue
-22.2%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALMU
ALMU
MWYN
MWYN
Q4 25
$-251.0K
Q3 25
$-815.0K
$-95.1K
Q1 25
Free Cash Flow
ALMU
ALMU
MWYN
MWYN
Q4 25
$-282.0K
Q3 25
$-1.0M
Q1 25
FCF Margin
ALMU
ALMU
MWYN
MWYN
Q4 25
-22.2%
Q3 25
-74.0%
Q1 25
Capex Intensity
ALMU
ALMU
MWYN
MWYN
Q4 25
2.4%
Q3 25
15.2%
Q1 25

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALMU
ALMU

Segment breakdown not available.

MWYN
MWYN

Other$1.3M57%
Revenue From Recyclable Ewaste Materials Sales$1.0M43%

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