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Side-by-side financial comparison of ARTS WAY MANUFACTURING CO INC (ARTW) and VOX ROYALTY CORP. (VOXR). Click either name above to swap in a different company.

VOX ROYALTY CORP. is the larger business by last-quarter revenue ($9.3M vs $5.1M, roughly 1.8× ARTS WAY MANUFACTURING CO INC). VOX ROYALTY CORP. runs the higher net margin — -7.4% vs -12.7%, a 5.4% gap on every dollar of revenue. Over the past eight quarters, VOX ROYALTY CORP.'s revenue compounded faster (26.4% 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.

Vox Royalty Corp. is a specialized mining royalty and streaming company that provides upfront capital to mining project owners and operators, in exchange for a share of future commodity production revenue or physical output. Its portfolio includes gold, silver, copper and other critical minerals, with core operating markets spanning North America, Australia and Africa, catering to the global mining exploration and development sector.

ARTW vs VOXR — Head-to-Head

Bigger by revenue
VOXR
VOXR
1.8× larger
VOXR
$9.3M
$5.1M
ARTW
Higher net margin
VOXR
VOXR
5.4% more per $
VOXR
-7.4%
-12.7%
ARTW
Faster 2-yr revenue CAGR
VOXR
VOXR
Annualised
VOXR
26.4%
-5.9%
ARTW

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ARTW
ARTW
VOXR
VOXR
Revenue
$5.1M
$9.3M
Net Profit
$-645.5K
$-682.6K
Gross Margin
18.6%
69.2%
Operating Margin
-11.2%
11.8%
Net Margin
-12.7%
-7.4%
Revenue YoY
-17.9%
Net Profit YoY
-177.6%
EPS (diluted)
$-0.13

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
ARTW
ARTW
VOXR
VOXR
Q4 25
$5.1M
Q3 25
$6.4M
$9.3M
Q2 25
$6.3M
$5.4M
Q1 25
$5.1M
$2.7M
Q4 24
$6.2M
Q3 24
$5.9M
$8.2M
Q2 24
$6.7M
$5.7M
Q1 24
$5.7M
$2.9M
Net Profit
ARTW
ARTW
VOXR
VOXR
Q4 25
$-645.5K
Q3 25
$254.1K
$-682.6K
Q2 25
$1.5M
$-575.0K
Q1 25
$-55.8K
$-241.4K
Q4 24
$832.0K
Q3 24
$-26.2K
$316.9K
Q2 24
$-33.3K
$-729.7K
Q1 24
$-465.0K
$-681.2K
Gross Margin
ARTW
ARTW
VOXR
VOXR
Q4 25
18.6%
Q3 25
27.5%
69.2%
Q2 25
32.5%
83.0%
Q1 25
29.1%
90.1%
Q4 24
36.1%
Q3 24
28.9%
97.0%
Q2 24
28.3%
83.8%
Q1 24
25.7%
Operating Margin
ARTW
ARTW
VOXR
VOXR
Q4 25
-11.2%
Q3 25
5.4%
11.8%
Q2 25
8.1%
15.0%
Q1 25
0.0%
22.8%
Q4 24
8.4%
Q3 24
2.6%
28.5%
Q2 24
2.5%
7.4%
Q1 24
-6.6%
32.7%
Net Margin
ARTW
ARTW
VOXR
VOXR
Q4 25
-12.7%
Q3 25
4.0%
-7.4%
Q2 25
23.4%
-10.6%
Q1 25
-1.1%
-9.0%
Q4 24
13.5%
Q3 24
-0.4%
3.9%
Q2 24
-0.5%
-12.8%
Q1 24
-8.1%
-23.6%
EPS (diluted)
ARTW
ARTW
VOXR
VOXR
Q4 25
$-0.13
Q3 25
$0.05
Q2 25
$0.29
Q1 25
$-0.01
Q4 24
$0.17
Q3 24
$-0.01
Q2 24
$-0.01
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
ARTW
ARTW
VOXR
VOXR
Cash + ST InvestmentsLiquidity on hand
$4.8K
Total DebtLower is stronger
$2.5M
Stockholders' EquityBook value
$13.3M
Total Assets
$22.5M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARTW
ARTW
VOXR
VOXR
Q4 25
$4.8K
Q3 25
$6.0K
Q2 25
$4.5K
Q1 25
$4.1K
Q4 24
$1.9K
Q3 24
$5.1K
Q2 24
$4.5K
Q1 24
$2.5K
Total Debt
ARTW
ARTW
VOXR
VOXR
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
Stockholders' Equity
ARTW
ARTW
VOXR
VOXR
Q4 25
$13.3M
Q3 25
$13.9M
Q2 25
$13.6M
Q1 25
$12.1M
Q4 24
$12.1M
Q3 24
$11.3M
Q2 24
$11.2M
Q1 24
$11.2M
Total Assets
ARTW
ARTW
VOXR
VOXR
Q4 25
$22.5M
Q3 25
$21.8M
Q2 25
$20.9M
Q1 25
$21.0M
Q4 24
$21.2M
Q3 24
$23.5M
Q2 24
$23.2M
Q1 24
$24.3M
Debt / Equity
ARTW
ARTW
VOXR
VOXR
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
ARTW
ARTW
VOXR
VOXR
Operating Cash FlowLast quarter
$-889.2K
Free Cash FlowOCF − Capex
$-1.0M
FCF MarginFCF / Revenue
-20.6%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARTW
ARTW
VOXR
VOXR
Q4 25
$-889.2K
Q3 25
$-1.3M
Q2 25
$1.4M
Q1 25
$-101.8K
Q4 24
$1.2M
Q3 24
$282.4K
Q2 24
$1.2M
Q1 24
$-99.3K
Free Cash Flow
ARTW
ARTW
VOXR
VOXR
Q4 25
$-1.0M
Q3 25
$-1.5M
Q2 25
$1.2M
Q1 25
$-184.5K
Q4 24
$1.1M
Q3 24
$180.5K
Q2 24
$1.0M
Q1 24
$-380.4K
FCF Margin
ARTW
ARTW
VOXR
VOXR
Q4 25
-20.6%
Q3 25
-23.8%
Q2 25
19.3%
Q1 25
-3.6%
Q4 24
17.6%
Q3 24
3.1%
Q2 24
15.1%
Q1 24
-6.6%
Capex Intensity
ARTW
ARTW
VOXR
VOXR
Q4 25
3.0%
Q3 25
4.1%
Q2 25
2.1%
Q1 25
1.6%
Q4 24
1.8%
Q3 24
1.7%
Q2 24
3.4%
Q1 24
4.9%
Cash Conversion
ARTW
ARTW
VOXR
VOXR
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
ARTW

Agricultural Products$2.8M55%
Modular Buildings$2.2M44%

VOXR
VOXR

Total$8.2M88%
Other$1.1M12%

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