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Side-by-side financial comparison of Apyx Medical Corp (APYX) and Ostin Technology Group Co., Ltd. (OST). Click either name above to swap in a different company.

Ostin Technology Group Co., Ltd. is the larger business by last-quarter revenue ($20.8M vs $19.2M, roughly 1.1× Apyx Medical Corp). Apyx Medical Corp runs the higher net margin — -6.8% vs -24.8%, a 18.1% gap on every dollar of revenue. On growth, Ostin Technology Group Co., Ltd. posted the faster year-over-year revenue change (39.2% vs 34.7%).

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.

Ostin Technology Group Co., Ltd. is a provider of display and interactive technology solutions. It develops and manufactures touch panels, interactive whiteboards and custom display modules, serving consumer electronics, education and commercial segments across Asia Pacific, North America and European markets.

APYX vs OST — Head-to-Head

Bigger by revenue
OST
OST
1.1× larger
OST
$20.8M
$19.2M
APYX
Growing faster (revenue YoY)
OST
OST
+4.5% gap
OST
39.2%
34.7%
APYX
Higher net margin
APYX
APYX
18.1% more per $
APYX
-6.8%
-24.8%
OST

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
APYX
APYX
OST
OST
Revenue
$19.2M
$20.8M
Net Profit
$-1.3M
$-5.2M
Gross Margin
62.6%
9.1%
Operating Margin
0.1%
-23.4%
Net Margin
-6.8%
-24.8%
Revenue YoY
34.7%
39.2%
Net Profit YoY
71.9%
-11.6%
EPS (diluted)
$-2.98

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
OST
OST
Q4 25
$19.2M
Q3 25
$12.9M
Q2 25
$11.4M
Q1 25
$9.4M
$20.8M
Q4 24
$14.2M
Q3 24
$11.5M
Q2 24
$12.1M
Q1 24
$10.2M
$15.0M
Net Profit
APYX
APYX
OST
OST
Q4 25
$-1.3M
Q3 25
$-2.0M
Q2 25
$-3.8M
Q1 25
$-4.2M
$-5.2M
Q4 24
$-4.6M
Q3 24
$-4.7M
Q2 24
$-6.6M
Q1 24
$-7.6M
$-4.6M
Gross Margin
APYX
APYX
OST
OST
Q4 25
62.6%
Q3 25
64.4%
Q2 25
62.3%
Q1 25
60.1%
9.1%
Q4 24
63.0%
Q3 24
60.5%
Q2 24
61.7%
Q1 24
58.1%
5.9%
Operating Margin
APYX
APYX
OST
OST
Q4 25
0.1%
Q3 25
-6.5%
Q2 25
-22.6%
Q1 25
-32.4%
-23.4%
Q4 24
-21.4%
Q3 24
-31.6%
Q2 24
-45.7%
Q1 24
-64.6%
-25.3%
Net Margin
APYX
APYX
OST
OST
Q4 25
-6.8%
Q3 25
-15.4%
Q2 25
-33.2%
Q1 25
-44.0%
-24.8%
Q4 24
-32.5%
Q3 24
-40.9%
Q2 24
-54.0%
Q1 24
-74.0%
-31.0%
EPS (diluted)
APYX
APYX
OST
OST
Q4 25
Q3 25
Q2 25
Q1 25
$-2.98
Q4 24
Q3 24
Q2 24
$-0.19
Q1 24
$-0.22
$-0.29

Balance Sheet & Financial Strength

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

Metric
APYX
APYX
OST
OST
Cash + ST InvestmentsLiquidity on hand
$31.7M
$1.7M
Total DebtLower is stronger
$37.5M
Stockholders' EquityBook value
$14.5M
$2.7M
Total Assets
$66.8M
$52.6M
Debt / EquityLower = less leverage
2.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APYX
APYX
OST
OST
Q4 25
$31.7M
Q3 25
$25.1M
Q2 25
$29.3M
Q1 25
$31.0M
$1.7M
Q4 24
$31.7M
Q3 24
$28.0M
Q2 24
$32.7M
Q1 24
$37.3M
$1.7M
Total Debt
APYX
APYX
OST
OST
Q4 25
$37.5M
Q3 25
$37.5M
Q2 25
$37.5M
Q1 25
$37.5M
Q4 24
$37.5M
Q3 24
$37.5M
Q2 24
Q1 24
Stockholders' Equity
APYX
APYX
OST
OST
Q4 25
$14.5M
Q3 25
$5.8M
Q2 25
$7.3M
Q1 25
$10.5M
$2.7M
Q4 24
$14.2M
Q3 24
$11.0M
Q2 24
$14.7M
Q1 24
$20.3M
$10.3M
Total Assets
APYX
APYX
OST
OST
Q4 25
$66.8M
Q3 25
$57.4M
Q2 25
$58.2M
Q1 25
$60.2M
$52.6M
Q4 24
$64.8M
Q3 24
$60.7M
Q2 24
$65.4M
Q1 24
$70.7M
$51.4M
Debt / Equity
APYX
APYX
OST
OST
Q4 25
2.58×
Q3 25
6.41×
Q2 25
5.17×
Q1 25
3.57×
Q4 24
2.64×
Q3 24
3.40×
Q2 24
Q1 24

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
OST
OST
Operating Cash FlowLast quarter
$-2.5M
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
OST
OST
Q4 25
$-2.5M
Q3 25
$-3.5M
Q2 25
$-1.2M
Q1 25
$-702.0K
Q4 24
$-2.9M
Q3 24
$-4.4M
Q2 24
$-4.3M
Q1 24
$-6.3M
$-3.9M
Free Cash Flow
APYX
APYX
OST
OST
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
$-4.5M
FCF Margin
APYX
APYX
OST
OST
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%
-30.1%
Capex Intensity
APYX
APYX
OST
OST
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%
4.1%

Financial Flow Comparison

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

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