vs

Side-by-side financial comparison of Apyx Medical Corp (APYX) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

Maison Solutions Inc. is the larger business by last-quarter revenue ($27.6M vs $19.2M, roughly 1.4× Apyx Medical Corp). Apyx Medical Corp runs the higher net margin — -6.8% vs -18.0%, a 11.2% gap on every dollar of revenue. On growth, Apyx Medical Corp posted the faster year-over-year revenue change (34.7% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 36.8%).

Bovie Medical Corporation was an American medical device manufacturer of medical devices, electrosurgical products and energy technologies. It was based in Clearwater, Florida with a manufacturing facility in Bulgaria.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

APYX vs MSS — Head-to-Head

Bigger by revenue
MSS
MSS
1.4× larger
MSS
$27.6M
$19.2M
APYX
Growing faster (revenue YoY)
APYX
APYX
+45.7% gap
APYX
34.7%
-10.9%
MSS
Higher net margin
APYX
APYX
11.2% more per $
APYX
-6.8%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
36.8%
APYX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
APYX
APYX
MSS
MSS
Revenue
$19.2M
$27.6M
Net Profit
$-1.3M
$-5.0M
Gross Margin
62.6%
23.4%
Operating Margin
0.1%
-4.9%
Net Margin
-6.8%
-18.0%
Revenue YoY
34.7%
-10.9%
Net Profit YoY
71.9%
-1840.5%
EPS (diluted)
$-0.23

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
APYX
APYX
MSS
MSS
Q4 25
$19.2M
$27.6M
Q3 25
$12.9M
$27.2M
Q2 25
$11.4M
$34.4M
Q1 25
$9.4M
$32.3M
Q4 24
$14.2M
$29.4M
Q3 24
$11.5M
$28.2M
Q2 24
$12.1M
$16.9M
Q1 24
$10.2M
$13.6M
Net Profit
APYX
APYX
MSS
MSS
Q4 25
$-1.3M
$-5.0M
Q3 25
$-2.0M
$-1.5M
Q2 25
$-3.8M
$-287.4K
Q1 25
$-4.2M
$1.0M
Q4 24
$-4.6M
$-256.0K
Q3 24
$-4.7M
$700.9K
Q2 24
$-6.6M
$-2.8M
Q1 24
$-7.6M
$-549.0K
Gross Margin
APYX
APYX
MSS
MSS
Q4 25
62.6%
23.4%
Q3 25
64.4%
24.1%
Q2 25
62.3%
9.5%
Q1 25
60.1%
21.8%
Q4 24
63.0%
26.9%
Q3 24
60.5%
28.9%
Q2 24
61.7%
13.0%
Q1 24
58.1%
23.4%
Operating Margin
APYX
APYX
MSS
MSS
Q4 25
0.1%
-4.9%
Q3 25
-6.5%
0.7%
Q2 25
-22.6%
-15.9%
Q1 25
-32.4%
3.7%
Q4 24
-21.4%
3.2%
Q3 24
-31.6%
7.3%
Q2 24
-45.7%
-14.4%
Q1 24
-64.6%
-2.3%
Net Margin
APYX
APYX
MSS
MSS
Q4 25
-6.8%
-18.0%
Q3 25
-15.4%
-5.7%
Q2 25
-33.2%
-0.8%
Q1 25
-44.0%
3.1%
Q4 24
-32.5%
-0.9%
Q3 24
-40.9%
2.5%
Q2 24
-54.0%
-16.4%
Q1 24
-74.0%
-4.0%
EPS (diluted)
APYX
APYX
MSS
MSS
Q4 25
$-0.23
Q3 25
$-0.08
Q2 25
$-0.02
Q1 25
$0.06
Q4 24
$-0.01
Q3 24
$0.04
Q2 24
$-0.19
$-0.16
Q1 24
$-0.22
$-0.03

Balance Sheet & Financial Strength

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

Metric
APYX
APYX
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$31.7M
Total DebtLower is stronger
$37.5M
$2.6M
Stockholders' EquityBook value
$14.5M
$11.6M
Total Assets
$66.8M
$75.4M
Debt / EquityLower = less leverage
2.58×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APYX
APYX
MSS
MSS
Q4 25
$31.7M
Q3 25
$25.1M
$1.1M
Q2 25
$29.3M
$775.4K
Q1 25
$31.0M
$445.4K
Q4 24
$31.7M
$355.7K
Q3 24
$28.0M
$588.9K
Q2 24
$32.7M
$2.1M
Q1 24
$37.3M
$9.4M
Total Debt
APYX
APYX
MSS
MSS
Q4 25
$37.5M
$2.6M
Q3 25
$37.5M
$2.6M
Q2 25
$37.5M
$2.6M
Q1 25
$37.5M
Q4 24
$37.5M
Q3 24
$37.5M
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
APYX
APYX
MSS
MSS
Q4 25
$14.5M
$11.6M
Q3 25
$5.8M
$10.1M
Q2 25
$7.3M
$11.7M
Q1 25
$10.5M
$12.0M
Q4 24
$14.2M
$10.9M
Q3 24
$11.0M
$11.2M
Q2 24
$14.7M
$10.5M
Q1 24
$20.3M
$13.3M
Total Assets
APYX
APYX
MSS
MSS
Q4 25
$66.8M
$75.4M
Q3 25
$57.4M
$73.3M
Q2 25
$58.2M
$77.4M
Q1 25
$60.2M
$82.7M
Q4 24
$64.8M
$82.7M
Q3 24
$60.7M
$82.1M
Q2 24
$65.4M
$82.4M
Q1 24
$70.7M
$44.2M
Debt / Equity
APYX
APYX
MSS
MSS
Q4 25
2.58×
0.22×
Q3 25
6.41×
0.26×
Q2 25
5.17×
0.22×
Q1 25
3.57×
Q4 24
2.64×
Q3 24
3.40×
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
APYX
APYX
MSS
MSS
Operating Cash FlowLast quarter
$-2.5M
$-1.7M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-14.6%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APYX
APYX
MSS
MSS
Q4 25
$-2.5M
$-1.7M
Q3 25
$-3.5M
$1.1M
Q2 25
$-1.2M
$-1.6M
Q1 25
$-702.0K
$1.7M
Q4 24
$-2.9M
$1.1M
Q3 24
$-4.4M
$3.6M
Q2 24
$-4.3M
$-2.6M
Q1 24
$-6.3M
$-1.4M
Free Cash Flow
APYX
APYX
MSS
MSS
Q4 25
$-2.8M
Q3 25
$-4.1M
Q2 25
$-1.5M
Q1 25
$-757.0K
Q4 24
$-3.2M
Q3 24
$-4.6M
Q2 24
$-4.6M
Q1 24
$-6.4M
FCF Margin
APYX
APYX
MSS
MSS
Q4 25
-14.6%
Q3 25
-31.5%
Q2 25
-13.2%
Q1 25
-8.0%
Q4 24
-22.4%
Q3 24
-40.0%
Q2 24
-38.0%
Q1 24
-62.2%
Capex Intensity
APYX
APYX
MSS
MSS
Q4 25
1.4%
Q3 25
4.0%
Q2 25
2.3%
Q1 25
0.6%
Q4 24
1.7%
Q3 24
1.3%
Q2 24
2.4%
Q1 24
0.3%
Cash Conversion
APYX
APYX
MSS
MSS
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

APYX
APYX

Segment breakdown not available.

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

Related Comparisons