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Side-by-side financial comparison of Arena Group Holdings, Inc. (AREN) and CF BANKSHARES INC. (CFBK). Click either name above to swap in a different company.
Arena Group Holdings, Inc. is the larger business by last-quarter revenue ($28.2M vs $15.7M, roughly 1.8× CF BANKSHARES INC.). CF BANKSHARES INC. runs the higher net margin — 40.0% vs 18.9%, a 21.2% gap on every dollar of revenue. On growth, CF BANKSHARES INC. posted the faster year-over-year revenue change (12.6% vs -22.0%). Over the past eight quarters, CF BANKSHARES INC.'s revenue compounded faster (13.7% CAGR vs -1.2%).
Arena Racing Company, also called ARC Racing and Leisure Group is a UK private company, created in 2012 by the merger of Arena Leisure and Northern Racing. It owns and operates 16 racecourses in Great Britain, accounting for 39% of British racing fixtures. It also operates hotels at Wolverhampton Racecourse, Lingfield Park Racecourse and Doncaster Racecourse and golf courses at Lingfield, Southwell and Newcastle.
CF Bankshares Inc. is a U.S.-based regional bank holding company operating through its community bank subsidiary. It offers a full suite of personal and commercial banking solutions including deposit products, various loan options, wealth management services and digital banking tools, primarily serving individual consumers and small-to-medium business clients across the U.S. Midwest region.
AREN vs CFBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $28.2M | $15.7M |
| Net Profit | $5.3M | $5.7M |
| Gross Margin | 43.6% | — |
| Operating Margin | 26.6% | 43.4% |
| Net Margin | 18.9% | 40.0% |
| Revenue YoY | -22.0% | 12.6% |
| Net Profit YoY | -22.5% | 29.9% |
| EPS (diluted) | $0.12 | $0.88 |
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 | $28.2M | $15.7M | ||
| Q3 25 | $29.8M | $15.5M | ||
| Q2 25 | $45.0M | $15.6M | ||
| Q1 25 | $31.8M | $14.1M | ||
| Q4 24 | $36.2M | $14.0M | ||
| Q3 24 | $33.6M | $13.1M | ||
| Q2 24 | $27.2M | $12.6M | ||
| Q1 24 | $28.9M | $12.2M |
| Q4 25 | $5.3M | $5.7M | ||
| Q3 25 | $6.9M | $2.3M | ||
| Q2 25 | $108.6M | $5.0M | ||
| Q1 25 | $4.0M | $4.4M | ||
| Q4 24 | $6.9M | $4.4M | ||
| Q3 24 | $4.0M | $4.2M | ||
| Q2 24 | $-8.2M | $1.7M | ||
| Q1 24 | $-103.4M | $3.1M |
| Q4 25 | 43.6% | — | ||
| Q3 25 | 50.2% | — | ||
| Q2 25 | 56.5% | — | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 52.6% | — | ||
| Q3 24 | 50.6% | — | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 30.9% | — |
| Q4 25 | 26.6% | 43.4% | ||
| Q3 25 | 31.9% | 17.5% | ||
| Q2 25 | 36.5% | 41.1% | ||
| Q1 25 | 23.1% | 39.5% | ||
| Q4 24 | 28.6% | 36.9% | ||
| Q3 24 | 24.0% | 40.4% | ||
| Q2 24 | -9.5% | 15.4% | ||
| Q1 24 | -27.5% | 30.9% |
| Q4 25 | 18.9% | 40.0% | ||
| Q3 25 | 23.1% | 15.1% | ||
| Q2 25 | 241.4% | 32.3% | ||
| Q1 25 | 12.6% | 31.4% | ||
| Q4 24 | 19.0% | 35.2% | ||
| Q3 24 | 11.8% | 32.2% | ||
| Q2 24 | -30.1% | 13.5% | ||
| Q1 24 | -357.1% | 25.2% |
| Q4 25 | $0.12 | $0.88 | ||
| Q3 25 | $0.14 | $0.36 | ||
| Q2 25 | $2.28 | $0.77 | ||
| Q1 25 | $0.08 | $0.68 | ||
| Q4 24 | $1.23 | $0.68 | ||
| Q3 24 | $0.11 | $0.65 | ||
| Q2 24 | $-0.28 | $0.26 | ||
| Q1 24 | $-3.91 | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.3M | $259.0M |
| Total DebtLower is stronger | $97.6M | — |
| Stockholders' EquityBook value | $-4.8M | $184.4M |
| Total Assets | $112.6M | $2.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.3M | $259.0M | ||
| Q3 25 | $12.5M | $272.4M | ||
| Q2 25 | $6.8M | $275.7M | ||
| Q1 25 | $2.9M | $241.0M | ||
| Q4 24 | $4.4M | $235.3M | ||
| Q3 24 | $5.8M | $233.5M | ||
| Q2 24 | $6.1M | $241.8M | ||
| Q1 24 | $4.0M | $236.9M |
| Q4 25 | $97.6M | — | ||
| Q3 25 | $110.5M | — | ||
| Q2 25 | $110.5M | — | ||
| Q1 25 | $110.5M | — | ||
| Q4 24 | $110.4M | — | ||
| Q3 24 | $102.4M | — | ||
| Q2 24 | $102.4M | — | ||
| Q1 24 | $102.3M | — |
| Q4 25 | $-4.8M | $184.4M | ||
| Q3 25 | $-10.4M | $179.3M | ||
| Q2 25 | $-17.3M | $177.0M | ||
| Q1 25 | $-126.1M | $172.7M | ||
| Q4 24 | $-130.3M | $168.4M | ||
| Q3 24 | $-137.5M | $164.0M | ||
| Q2 24 | $-157.2M | $159.6M | ||
| Q1 24 | $-149.6M | $158.0M |
| Q4 25 | $112.6M | $2.1B | ||
| Q3 25 | $121.4M | $2.1B | ||
| Q2 25 | $127.8M | $2.1B | ||
| Q1 25 | $114.6M | $2.1B | ||
| Q4 24 | $116.4M | $2.1B | ||
| Q3 24 | $114.2M | $2.1B | ||
| Q2 24 | $113.4M | $2.0B | ||
| Q1 24 | $120.3M | $2.0B |
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 | $13.1M | $18.7M |
| Free Cash FlowOCF − Capex | — | $18.2M |
| FCF MarginFCF / Revenue | — | 115.6% |
| Capex IntensityCapex / Revenue | — | 3.1% |
| Cash ConversionOCF / Net Profit | 2.46× | 3.26× |
| TTM Free Cash FlowTrailing 4 quarters | — | $33.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $18.7M | ||
| Q3 25 | $12.2M | $5.5M | ||
| Q2 25 | $10.3M | $8.0M | ||
| Q1 25 | $3.7M | $2.2M | ||
| Q4 24 | $-8.6M | $14.2M | ||
| Q3 24 | $-2.3M | $-1.3M | ||
| Q2 24 | $-3.2M | $4.0M | ||
| Q1 24 | $-2.0M | $-1.2M |
| Q4 25 | — | $18.2M | ||
| Q3 25 | — | $5.2M | ||
| Q2 25 | — | $7.8M | ||
| Q1 25 | — | $2.2M | ||
| Q4 24 | — | $13.9M | ||
| Q3 24 | $-2.4M | $-1.3M | ||
| Q2 24 | — | $4.0M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | 115.6% | ||
| Q3 25 | — | 33.6% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 99.6% | ||
| Q3 24 | -7.1% | -9.9% | ||
| Q2 24 | — | 31.6% | ||
| Q1 24 | — | -9.5% |
| Q4 25 | — | 3.1% | ||
| Q3 25 | 0.0% | 1.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | 0.1% | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 2.46× | 3.26× | ||
| Q3 25 | 1.77× | 2.34× | ||
| Q2 25 | 0.09× | 1.58× | ||
| Q1 25 | 0.91× | 0.50× | ||
| Q4 24 | -1.25× | 3.21× | ||
| Q3 24 | -0.59× | -0.30× | ||
| Q2 24 | — | 2.35× | ||
| Q1 24 | — | -0.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
