vs

Side-by-side financial comparison of AleAnna, Inc. (ANNA) and Digimarc CORP (DMRC). Click either name above to swap in a different company.

AleAnna, Inc. is the larger business by last-quarter revenue ($9.1M vs $8.9M, roughly 1.0× Digimarc CORP). AleAnna, Inc. runs the higher net margin — 2.8% vs -47.2%, a 50.1% gap on every dollar of revenue.

Anna University is a public state university located in Chennai, Tamil Nadu, India. The main campus is in Guindy. It was originally established on 4 September 1978 and is named after C. N. Annadurai, former Chief Minister of Tamil Nadu.

Digimarc Corporation is a provider of enterprise software and services. The company's software, which includes digital identifiers, is designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability. Digimarc products are created for multiple industries such as apparel, consumer packaged goods, health and beauty, and automotive.

ANNA vs DMRC — Head-to-Head

Bigger by revenue
ANNA
ANNA
1.0× larger
ANNA
$9.1M
$8.9M
DMRC
Higher net margin
ANNA
ANNA
50.1% more per $
ANNA
2.8%
-47.2%
DMRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANNA
ANNA
DMRC
DMRC
Revenue
$9.1M
$8.9M
Net Profit
$258.1K
$-4.2M
Gross Margin
63.5%
Operating Margin
2.4%
-48.2%
Net Margin
2.8%
-47.2%
Revenue YoY
2.9%
Net Profit YoY
102.7%
51.4%
EPS (diluted)
$0.00
$-0.18

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
ANNA
ANNA
DMRC
DMRC
Q4 25
$9.1M
$8.9M
Q3 25
$11.2M
$7.6M
Q2 25
$4.0M
$8.0M
Q1 25
$9.4M
Q4 24
$8.7M
Q3 24
$9.4M
Q2 24
$10.4M
Q1 24
$9.9M
Net Profit
ANNA
ANNA
DMRC
DMRC
Q4 25
$258.1K
$-4.2M
Q3 25
$5.3M
$-8.2M
Q2 25
$644.7K
$-8.2M
Q1 25
$-11.7M
Q4 24
$-8.6M
Q3 24
$-10.8M
Q2 24
$-9.3M
Q1 24
$-10.3M
Gross Margin
ANNA
ANNA
DMRC
DMRC
Q4 25
63.5%
Q3 25
58.3%
Q2 25
58.8%
Q1 25
65.0%
Q4 24
60.8%
Q3 24
62.4%
Q2 24
66.1%
Q1 24
62.5%
Operating Margin
ANNA
ANNA
DMRC
DMRC
Q4 25
2.4%
-48.2%
Q3 25
51.0%
-109.7%
Q2 25
14.5%
-105.2%
Q1 25
-128.9%
Q4 24
-105.1%
Q3 24
-120.4%
Q2 24
-96.2%
Q1 24
-109.2%
Net Margin
ANNA
ANNA
DMRC
DMRC
Q4 25
2.8%
-47.2%
Q3 25
47.4%
-106.9%
Q2 25
16.0%
-102.6%
Q1 25
-125.2%
Q4 24
-99.9%
Q3 24
-113.9%
Q2 24
-89.3%
Q1 24
-104.0%
EPS (diluted)
ANNA
ANNA
DMRC
DMRC
Q4 25
$0.00
$-0.18
Q3 25
$0.08
$-0.38
Q2 25
$0.01
$-0.38
Q1 25
$-0.55
Q4 24
$-0.40
Q3 24
$-0.50
Q2 24
$-0.43
Q1 24
$-0.50

Balance Sheet & Financial Strength

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

Metric
ANNA
ANNA
DMRC
DMRC
Cash + ST InvestmentsLiquidity on hand
$31.8M
$12.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.7M
$40.2M
Total Assets
$101.3M
$53.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANNA
ANNA
DMRC
DMRC
Q4 25
$31.8M
$12.9M
Q3 25
$31.2M
$12.6M
Q2 25
$16.1M
Q1 25
$21.6M
Q4 24
$28.7M
Q3 24
$33.7M
Q2 24
$41.5M
Q1 24
$48.9M
Stockholders' Equity
ANNA
ANNA
DMRC
DMRC
Q4 25
$58.7M
$40.2M
Q3 25
$58.3M
$41.4M
Q2 25
$52.3M
$46.5M
Q1 25
$50.0M
Q4 24
$61.4M
Q3 24
$70.2M
Q2 24
$77.2M
Q1 24
$84.5M
Total Assets
ANNA
ANNA
DMRC
DMRC
Q4 25
$101.3M
$53.0M
Q3 25
$100.1M
$55.4M
Q2 25
$89.9M
$60.7M
Q1 25
$66.5M
Q4 24
$75.8M
Q3 24
$85.0M
Q2 24
$93.4M
Q1 24
$99.7M

Cash Flow & Capital Efficiency

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

Metric
ANNA
ANNA
DMRC
DMRC
Operating Cash FlowLast quarter
$3.7M
$991.0K
Free Cash FlowOCF − Capex
$895.0K
FCF MarginFCF / Revenue
10.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
14.51×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANNA
ANNA
DMRC
DMRC
Q4 25
$3.7M
$991.0K
Q3 25
$9.0M
$-2.6M
Q2 25
$-700.0K
$-4.7M
Q1 25
$-5.5M
Q4 24
$-4.2M
Q3 24
$-7.1M
Q2 24
$-6.8M
Q1 24
$-8.4M
Free Cash Flow
ANNA
ANNA
DMRC
DMRC
Q4 25
$895.0K
Q3 25
$-2.8M
Q2 25
$-4.9M
Q1 25
$-5.5M
Q4 24
$-4.2M
Q3 24
$-7.2M
Q2 24
$-6.9M
Q1 24
$-8.5M
FCF Margin
ANNA
ANNA
DMRC
DMRC
Q4 25
10.0%
Q3 25
-36.9%
Q2 25
-61.0%
Q1 25
-59.1%
Q4 24
-49.1%
Q3 24
-75.7%
Q2 24
-66.1%
Q1 24
-85.8%
Capex Intensity
ANNA
ANNA
DMRC
DMRC
Q4 25
1.1%
Q3 25
2.9%
Q2 25
2.5%
Q1 25
0.6%
Q4 24
0.2%
Q3 24
0.7%
Q2 24
0.3%
Q1 24
1.1%
Cash Conversion
ANNA
ANNA
DMRC
DMRC
Q4 25
14.51×
Q3 25
1.69×
Q2 25
-1.09×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ANNA
ANNA

Segment breakdown not available.

DMRC
DMRC

Subscription$5.3M60%
The Government$3.6M41%

Related Comparisons