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Side-by-side financial comparison of Arena Group Holdings, Inc. (AREN) and GENCOR INDUSTRIES INC (GENC). 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 $23.6M, roughly 1.2× GENCOR INDUSTRIES INC). Arena Group Holdings, Inc. runs the higher net margin — 18.9% vs 14.6%, a 4.3% gap on every dollar of revenue. On growth, Arena Group Holdings, Inc. posted the faster year-over-year revenue change (-22.0% vs -25.0%). Over the past eight quarters, Arena Group Holdings, Inc.'s revenue compounded faster (-1.2% CAGR vs -23.9%).
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.
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
AREN vs GENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $28.2M | $23.6M |
| Net Profit | $5.3M | $3.4M |
| Gross Margin | 43.6% | 28.7% |
| Operating Margin | 26.6% | 13.2% |
| Net Margin | 18.9% | 14.6% |
| Revenue YoY | -22.0% | -25.0% |
| Net Profit YoY | -22.5% | -9.8% |
| EPS (diluted) | $0.12 | $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.
| Q4 25 | $28.2M | $23.6M | ||
| Q3 25 | $29.8M | $18.8M | ||
| Q2 25 | $45.0M | $27.0M | ||
| Q1 25 | $31.8M | $38.2M | ||
| Q4 24 | $36.2M | $31.4M | ||
| Q3 24 | $33.6M | $20.9M | ||
| Q2 24 | $27.2M | $25.6M | ||
| Q1 24 | $28.9M | $40.7M |
| Q4 25 | $5.3M | $3.4M | ||
| Q3 25 | $6.9M | $1.9M | ||
| Q2 25 | $108.6M | $3.8M | ||
| Q1 25 | $4.0M | $6.1M | ||
| Q4 24 | $6.9M | $3.8M | ||
| Q3 24 | $4.0M | $1.5M | ||
| Q2 24 | $-8.2M | $2.6M | ||
| Q1 24 | $-103.4M | $6.2M |
| Q4 25 | 43.6% | 28.7% | ||
| Q3 25 | 50.2% | 24.2% | ||
| Q2 25 | 56.5% | 26.5% | ||
| Q1 25 | 49.3% | 29.7% | ||
| Q4 24 | 52.6% | 27.6% | ||
| Q3 24 | 50.6% | 25.6% | ||
| Q2 24 | 39.4% | 23.9% | ||
| Q1 24 | 30.9% | 30.3% |
| Q4 25 | 26.6% | 13.2% | ||
| Q3 25 | 31.9% | -1.2% | ||
| Q2 25 | 36.5% | 11.6% | ||
| Q1 25 | 23.1% | 17.0% | ||
| Q4 24 | 28.6% | 14.7% | ||
| Q3 24 | 24.0% | 5.9% | ||
| Q2 24 | -9.5% | 7.8% | ||
| Q1 24 | -27.5% | 17.4% |
| Q4 25 | 18.9% | 14.6% | ||
| Q3 25 | 23.1% | 10.2% | ||
| Q2 25 | 241.4% | 14.2% | ||
| Q1 25 | 12.6% | 16.0% | ||
| Q4 24 | 19.0% | 12.1% | ||
| Q3 24 | 11.8% | 6.9% | ||
| Q2 24 | -30.1% | 10.0% | ||
| Q1 24 | -357.1% | 15.3% |
| Q4 25 | $0.12 | $0.23 | ||
| Q3 25 | $0.14 | $0.13 | ||
| Q2 25 | $2.28 | $0.26 | ||
| Q1 25 | $0.08 | $0.42 | ||
| Q4 24 | $1.23 | $0.26 | ||
| Q3 24 | $0.11 | $0.10 | ||
| Q2 24 | $-0.28 | $0.17 | ||
| Q1 24 | $-3.91 | $0.42 |
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 | $147.7M |
| Total DebtLower is stronger | $97.6M | — |
| Stockholders' EquityBook value | $-4.8M | $215.2M |
| Total Assets | $112.6M | $228.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.3M | $147.7M | ||
| Q3 25 | $12.5M | $136.3M | ||
| Q2 25 | $6.8M | $136.0M | ||
| Q1 25 | $2.9M | $143.7M | ||
| Q4 24 | $4.4M | $130.1M | ||
| Q3 24 | $5.8M | $115.4M | ||
| Q2 24 | $6.1M | $116.6M | ||
| Q1 24 | $4.0M | $117.1M |
| Q4 25 | $97.6M | — | ||
| Q3 25 | $110.5M | $0 | ||
| Q2 25 | $110.5M | — | ||
| Q1 25 | $110.5M | — | ||
| Q4 24 | $110.4M | — | ||
| Q3 24 | $102.4M | $0 | ||
| Q2 24 | $102.4M | — | ||
| Q1 24 | $102.3M | — |
| Q4 25 | $-4.8M | $215.2M | ||
| Q3 25 | $-10.4M | $211.8M | ||
| Q2 25 | $-17.3M | $209.9M | ||
| Q1 25 | $-126.1M | $206.1M | ||
| Q4 24 | $-130.3M | $200.0M | ||
| Q3 24 | $-137.5M | $196.1M | ||
| Q2 24 | $-157.2M | $194.7M | ||
| Q1 24 | $-149.6M | $192.1M |
| Q4 25 | $112.6M | $228.9M | ||
| Q3 25 | $121.4M | $222.6M | ||
| Q2 25 | $127.8M | $220.2M | ||
| Q1 25 | $114.6M | $223.9M | ||
| Q4 24 | $116.4M | $218.2M | ||
| Q3 24 | $114.2M | $208.1M | ||
| Q2 24 | $113.4M | $201.8M | ||
| Q1 24 | $120.3M | $206.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| 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 | $13.1M | $11.1M |
| Free Cash FlowOCF − Capex | — | $10.1M |
| FCF MarginFCF / Revenue | — | 43.0% |
| Capex IntensityCapex / Revenue | — | 4.1% |
| Cash ConversionOCF / Net Profit | 2.46× | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $11.1M | ||
| Q3 25 | $12.2M | $-275.0K | ||
| Q2 25 | $10.3M | $-23.9M | ||
| Q1 25 | $3.7M | $12.4M | ||
| Q4 24 | $-8.6M | $14.8M | ||
| Q3 24 | $-2.3M | $-3.2M | ||
| Q2 24 | $-3.2M | $-1.0M | ||
| Q1 24 | $-2.0M | $11.7M |
| Q4 25 | — | $10.1M | ||
| Q3 25 | — | $-1.3M | ||
| Q2 25 | — | $-24.4M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | — | $14.5M | ||
| Q3 24 | $-2.4M | $-3.3M | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $11.7M |
| Q4 25 | — | 43.0% | ||
| Q3 25 | — | -6.8% | ||
| Q2 25 | — | -90.4% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 46.1% | ||
| Q3 24 | -7.1% | -15.8% | ||
| Q2 24 | — | -5.6% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | 0.0% | 5.4% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 2.46× | 3.23× | ||
| Q3 25 | 1.77× | -0.14× | ||
| Q2 25 | 0.09× | -6.24× | ||
| Q1 25 | 0.91× | 2.04× | ||
| Q4 24 | -1.25× | 3.88× | ||
| Q3 24 | -0.59× | -2.22× | ||
| Q2 24 | — | -0.41× | ||
| Q1 24 | — | 1.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
