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Side-by-side financial comparison of Apyx Medical Corp (APYX) and Outdoor Holding Co (POWW). Click either name above to swap in a different company.
Apyx Medical Corp is the larger business by last-quarter revenue ($19.2M vs $13.4M, roughly 1.4× Outdoor Holding Co). Outdoor Holding Co runs the higher net margin — 16.7% vs -6.8%, a 23.4% gap on every dollar of revenue. On growth, Apyx Medical Corp posted the faster year-over-year revenue change (34.7% vs -54.1%). Outdoor Holding Co produced more free cash flow last quarter ($5.0M vs $-2.8M).
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.
Vista Outdoor Inc. was an American designer, manufacturer, and marketer that operated in two segments: shooting sports and outdoor products. It was a "house of brands" with more than 40 labels and subsidiaries.
APYX vs POWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $19.2M | $13.4M |
| Net Profit | $-1.3M | $2.2M |
| Gross Margin | 62.6% | 87.1% |
| Operating Margin | 0.1% | 14.7% |
| Net Margin | -6.8% | 16.7% |
| Revenue YoY | 34.7% | -54.1% |
| Net Profit YoY | 71.9% | 108.5% |
| EPS (diluted) | — | $0.01 |
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.
| Q4 25 | $19.2M | $13.4M | ||
| Q3 25 | $12.9M | $12.0M | ||
| Q2 25 | $11.4M | $11.9M | ||
| Q1 25 | $9.4M | $12.6M | ||
| Q4 24 | $14.2M | $12.5M | ||
| Q3 24 | $11.5M | $12.0M | ||
| Q2 24 | $12.1M | $12.3M | ||
| Q1 24 | $10.2M | $-50.7M |
| Q4 25 | $-1.3M | $2.2M | ||
| Q3 25 | $-2.0M | $1.4M | ||
| Q2 25 | $-3.8M | $-6.5M | ||
| Q1 25 | $-4.2M | $-77.5M | ||
| Q4 24 | $-4.6M | $-26.1M | ||
| Q3 24 | $-4.7M | $-12.4M | ||
| Q2 24 | $-6.6M | $-14.8M | ||
| Q1 24 | $-7.6M | $-5.2M |
| Q4 25 | 62.6% | 87.1% | ||
| Q3 25 | 64.4% | 87.1% | ||
| Q2 25 | 62.3% | 87.2% | ||
| Q1 25 | 60.1% | 87.5% | ||
| Q4 24 | 63.0% | 87.4% | ||
| Q3 24 | 60.5% | 86.9% | ||
| Q2 24 | 61.7% | 85.8% | ||
| Q1 24 | 58.1% | — |
| Q4 25 | 0.1% | 14.7% | ||
| Q3 25 | -6.5% | 5.9% | ||
| Q2 25 | -22.6% | -50.7% | ||
| Q1 25 | -32.4% | -213.6% | ||
| Q4 24 | -21.4% | -163.8% | ||
| Q3 24 | -31.6% | -50.3% | ||
| Q2 24 | -45.7% | -50.8% | ||
| Q1 24 | -64.6% | — |
| Q4 25 | -6.8% | 16.7% | ||
| Q3 25 | -15.4% | 11.7% | ||
| Q2 25 | -33.2% | -54.5% | ||
| Q1 25 | -44.0% | -614.5% | ||
| Q4 24 | -32.5% | -208.7% | ||
| Q3 24 | -40.9% | -103.7% | ||
| Q2 24 | -54.0% | -120.2% | ||
| Q1 24 | -74.0% | 10.3% |
| Q4 25 | — | $0.01 | ||
| Q3 25 | — | $0.01 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.67 | ||
| Q4 24 | — | $-0.23 | ||
| Q3 24 | — | $-0.11 | ||
| Q2 24 | $-0.19 | $-0.13 | ||
| Q1 24 | $-0.22 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.7M | $69.9M |
| Total DebtLower is stronger | $37.5M | — |
| Stockholders' EquityBook value | $14.5M | $237.3M |
| Total Assets | $66.8M | $271.7M |
| Debt / EquityLower = less leverage | 2.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.7M | $69.9M | ||
| Q3 25 | $25.1M | $65.7M | ||
| Q2 25 | $29.3M | $63.4M | ||
| Q1 25 | $31.0M | $30.2M | ||
| Q4 24 | $31.7M | $31.9M | ||
| Q3 24 | $28.0M | $33.5M | ||
| Q2 24 | $32.7M | $50.8M | ||
| Q1 24 | $37.3M | $55.6M |
| 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 | — | — |
| Q4 25 | $14.5M | $237.3M | ||
| Q3 25 | $5.8M | $235.4M | ||
| Q2 25 | $7.3M | $222.5M | ||
| Q1 25 | $10.5M | $222.0M | ||
| Q4 24 | $14.2M | $299.6M | ||
| Q3 24 | $11.0M | $325.6M | ||
| Q2 24 | $14.7M | $342.5M | ||
| Q1 24 | $20.3M | $358.0M |
| Q4 25 | $66.8M | $271.7M | ||
| Q3 25 | $57.4M | $270.3M | ||
| Q2 25 | $58.2M | $269.5M | ||
| Q1 25 | $60.2M | $297.3M | ||
| Q4 24 | $64.8M | $355.4M | ||
| Q3 24 | $60.7M | $368.9M | ||
| Q2 24 | $65.4M | $398.6M | ||
| Q1 24 | $70.7M | $403.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.5M | $5.7M |
| Free Cash FlowOCF − Capex | $-2.8M | $5.0M |
| FCF MarginFCF / Revenue | -14.6% | 37.6% |
| Capex IntensityCapex / Revenue | 1.4% | 4.8% |
| Cash ConversionOCF / Net Profit | — | 2.55× |
| TTM Free Cash FlowTrailing 4 quarters | $-9.1M | $-2.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.5M | $5.7M | ||
| Q3 25 | $-3.5M | $3.2M | ||
| Q2 25 | $-1.2M | $-6.7M | ||
| Q1 25 | $-702.0K | $-1.5M | ||
| Q4 24 | $-2.9M | $1.3M | ||
| Q3 24 | $-4.4M | $-9.3M | ||
| Q2 24 | $-4.3M | $-547.5K | ||
| Q1 24 | $-6.3M | $4.3M |
| Q4 25 | $-2.8M | $5.0M | ||
| Q3 25 | $-4.1M | $2.5M | ||
| Q2 25 | $-1.5M | $-7.6M | ||
| Q1 25 | $-757.0K | $-2.3M | ||
| Q4 24 | $-3.2M | $720.3K | ||
| Q3 24 | $-4.6M | $-10.6M | ||
| Q2 24 | $-4.6M | $-1.3M | ||
| Q1 24 | $-6.4M | $1.4M |
| Q4 25 | -14.6% | 37.6% | ||
| Q3 25 | -31.5% | 21.0% | ||
| Q2 25 | -13.2% | -63.8% | ||
| Q1 25 | -8.0% | -18.6% | ||
| Q4 24 | -22.4% | 5.8% | ||
| Q3 24 | -40.0% | -88.3% | ||
| Q2 24 | -38.0% | -11.0% | ||
| Q1 24 | -62.2% | -2.8% |
| Q4 25 | 1.4% | 4.8% | ||
| Q3 25 | 4.0% | 5.8% | ||
| Q2 25 | 2.3% | 7.5% | ||
| Q1 25 | 0.6% | 6.5% | ||
| Q4 24 | 1.7% | 4.4% | ||
| Q3 24 | 1.3% | 10.4% | ||
| Q2 24 | 2.4% | 6.5% | ||
| Q1 24 | 0.3% | -5.7% |
| Q4 25 | — | 2.55× | ||
| Q3 25 | — | 2.29× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
