vs
Side-by-side financial comparison of ARTS WAY MANUFACTURING CO INC (ARTW) and Kartoon Studios, Inc. (TOON). Click either name above to swap in a different company.
Kartoon Studios, Inc. is the larger business by last-quarter revenue ($9.7M vs $5.1M, roughly 1.9× ARTS WAY MANUFACTURING CO INC). ARTS WAY MANUFACTURING CO INC runs the higher net margin — -12.7% vs -54.4%, a 41.7% gap on every dollar of revenue. On growth, Kartoon Studios, Inc. posted the faster year-over-year revenue change (2.9% vs -17.9%). Kartoon Studios, Inc. produced more free cash flow last quarter ($346.0K vs $-1.0M). Over the past eight quarters, Kartoon Studios, Inc.'s revenue compounded faster (26.3% CAGR vs -5.9%).
Art's Way Manufacturing is an American producer of agricultural machinery, modular buildings and cutting tools under the brand names Art's Way, Art's Way Scientific and American Carbide Tool. The firm previously manufactured OEM feed blowers sold by Case New Holland.
Kartoon Studios, Inc. is an entertainment company headed by Andy Heyward. The company was formed in 2010 as Genius Brands International (GBI) from the merger of Genius Brands International and A Squared Entertainment.
ARTW vs TOON — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.1M | $9.7M |
| Net Profit | $-645.5K | $-5.3M |
| Gross Margin | 18.6% | — |
| Operating Margin | -11.2% | -38.4% |
| Net Margin | -12.7% | -54.4% |
| Revenue YoY | -17.9% | 2.9% |
| Net Profit YoY | -177.6% | 8.5% |
| EPS (diluted) | $-0.13 | $-0.08 |
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 | $5.1M | $9.7M | ||
| Q3 25 | $6.4M | $9.9M | ||
| Q2 25 | $6.3M | $10.3M | ||
| Q1 25 | $5.1M | $9.5M | ||
| Q4 24 | $6.2M | $9.4M | ||
| Q3 24 | $5.9M | $8.7M | ||
| Q2 24 | $6.7M | $8.4M | ||
| Q1 24 | $5.7M | $6.1M |
| Q4 25 | $-645.5K | $-5.3M | ||
| Q3 25 | $254.1K | $-6.6M | ||
| Q2 25 | $1.5M | $-6.2M | ||
| Q1 25 | $-55.8K | $-6.5M | ||
| Q4 24 | $832.0K | $-5.8M | ||
| Q3 24 | $-26.2K | $-2.1M | ||
| Q2 24 | $-33.3K | $-5.9M | ||
| Q1 24 | $-465.0K | $-7.0M |
| Q4 25 | 18.6% | — | ||
| Q3 25 | 27.5% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 29.1% | — | ||
| Q4 24 | 36.1% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 28.3% | — | ||
| Q1 24 | 25.7% | — |
| Q4 25 | -11.2% | -38.4% | ||
| Q3 25 | 5.4% | -29.3% | ||
| Q2 25 | 8.1% | -31.3% | ||
| Q1 25 | 0.0% | -32.4% | ||
| Q4 24 | 8.4% | -37.1% | ||
| Q3 24 | 2.6% | -29.2% | ||
| Q2 24 | 2.5% | -55.6% | ||
| Q1 24 | -6.6% | -103.6% |
| Q4 25 | -12.7% | -54.4% | ||
| Q3 25 | 4.0% | -66.5% | ||
| Q2 25 | 23.4% | -60.0% | ||
| Q1 25 | -1.1% | -68.7% | ||
| Q4 24 | 13.5% | -61.2% | ||
| Q3 24 | -0.4% | -23.6% | ||
| Q2 24 | -0.5% | -70.1% | ||
| Q1 24 | -8.1% | -115.9% |
| Q4 25 | $-0.13 | $-0.08 | ||
| Q3 25 | $0.05 | $-0.14 | ||
| Q2 25 | $0.29 | $-0.13 | ||
| Q1 25 | $-0.01 | $-0.14 | ||
| Q4 24 | $0.17 | $-0.14 | ||
| Q3 24 | $-0.01 | $-0.05 | ||
| Q2 24 | $-0.01 | $-0.15 | ||
| Q1 24 | $-0.09 | $-0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.8K | — |
| Total DebtLower is stronger | $2.5M | — |
| Stockholders' EquityBook value | $13.3M | $26.2M |
| Total Assets | $22.5M | $70.9M |
| Debt / EquityLower = less leverage | 0.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8K | — | ||
| Q3 25 | $6.0K | — | ||
| Q2 25 | $4.5K | — | ||
| Q1 25 | $4.1K | — | ||
| Q4 24 | $1.9K | $100.0K | ||
| Q3 24 | $5.1K | — | ||
| Q2 24 | $4.5K | — | ||
| Q1 24 | $2.5K | — |
| Q4 25 | $2.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1M | — | ||
| Q3 24 | $2.7M | — | ||
| Q2 24 | $2.7M | — | ||
| Q1 24 | $2.7M | — |
| Q4 25 | $13.3M | $26.2M | ||
| Q3 25 | $13.9M | $22.6M | ||
| Q2 25 | $13.6M | $28.4M | ||
| Q1 25 | $12.1M | $28.6M | ||
| Q4 24 | $12.1M | $35.0M | ||
| Q3 24 | $11.3M | $41.2M | ||
| Q2 24 | $11.2M | $42.7M | ||
| Q1 24 | $11.2M | $44.8M |
| Q4 25 | $22.5M | $70.9M | ||
| Q3 25 | $21.8M | $66.7M | ||
| Q2 25 | $20.9M | $70.0M | ||
| Q1 25 | $21.0M | $71.7M | ||
| Q4 24 | $21.2M | $85.5M | ||
| Q3 24 | $23.5M | $87.3M | ||
| Q2 24 | $23.2M | $89.0M | ||
| Q1 24 | $24.3M | $93.3M |
| Q4 25 | 0.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.24× | — | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.24× | — |
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 | $-889.2K | $381.0K |
| Free Cash FlowOCF − Capex | $-1.0M | $346.0K |
| FCF MarginFCF / Revenue | -20.6% | 3.6% |
| Capex IntensityCapex / Revenue | 3.0% | 0.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.5M | $-11.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-889.2K | $381.0K | ||
| Q3 25 | $-1.3M | $-5.5M | ||
| Q2 25 | $1.4M | $-4.5M | ||
| Q1 25 | $-101.8K | $-1.8M | ||
| Q4 24 | $1.2M | $-2.4M | ||
| Q3 24 | $282.4K | $1.5M | ||
| Q2 24 | $1.2M | $-6.5M | ||
| Q1 24 | $-99.3K | $3.8M |
| Q4 25 | $-1.0M | $346.0K | ||
| Q3 25 | $-1.5M | $-5.5M | ||
| Q2 25 | $1.2M | $-4.5M | ||
| Q1 25 | $-184.5K | $-1.8M | ||
| Q4 24 | $1.1M | $-2.4M | ||
| Q3 24 | $180.5K | $1.5M | ||
| Q2 24 | $1.0M | — | ||
| Q1 24 | $-380.4K | $3.8M |
| Q4 25 | -20.6% | 3.6% | ||
| Q3 25 | -23.8% | -56.0% | ||
| Q2 25 | 19.3% | -44.1% | ||
| Q1 25 | -3.6% | -19.4% | ||
| Q4 24 | 17.6% | -25.6% | ||
| Q3 24 | 3.1% | 17.1% | ||
| Q2 24 | 15.1% | — | ||
| Q1 24 | -6.6% | 62.7% |
| Q4 25 | 3.0% | 0.4% | ||
| Q3 25 | 4.1% | 0.4% | ||
| Q2 25 | 2.1% | 0.6% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 1.8% | 0.5% | ||
| Q3 24 | 1.7% | 0.4% | ||
| Q2 24 | 3.4% | 0.0% | ||
| Q1 24 | 4.9% | 0.6% |
| Q4 25 | — | — | ||
| Q3 25 | -4.99× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARTW
| Agricultural Products | $2.8M | 55% |
| Modular Buildings | $2.2M | 44% |
TOON
| Other | $4.6M | 48% |
| CA | $2.8M | 29% |
| Content Distribution | $2.2M | 23% |
