vs

Side-by-side financial comparison of AVALON HOLDINGS CORP (AWX) and Electromed, Inc. (ELMD). Click either name above to swap in a different company.

AVALON HOLDINGS CORP is the larger business by last-quarter revenue ($21.5M vs $18.9M, roughly 1.1× Electromed, Inc.). Electromed, Inc. runs the higher net margin — 14.6% vs -1.7%, a 16.3% gap on every dollar of revenue. On growth, AVALON HOLDINGS CORP posted the faster year-over-year revenue change (21.7% vs 16.3%). Electromed, Inc. produced more free cash flow last quarter ($2.4M vs $-166.0K). Over the past eight quarters, Electromed, Inc.'s revenue compounded faster (16.7% CAGR vs 6.7%).

Avalon Hill Games Inc. is a game company that publishes wargames and strategic board games. It has also published miniature wargaming rules, role-playing games and sports simulations. It is a subsidiary of Hasbro, and operates under the company's "Hasbro Gaming" division.

Electromed, Inc. is a specialized medical device firm developing, manufacturing, and distributing advanced respiratory care products. Its core offerings are high-frequency chest wall oscillation systems that clear airway secretions for patients with cystic fibrosis, COPD and other respiratory conditions, serving U.S. home care and clinical customers.

AWX vs ELMD — Head-to-Head

Bigger by revenue
AWX
AWX
1.1× larger
AWX
$21.5M
$18.9M
ELMD
Growing faster (revenue YoY)
AWX
AWX
+5.5% gap
AWX
21.7%
16.3%
ELMD
Higher net margin
ELMD
ELMD
16.3% more per $
ELMD
14.6%
-1.7%
AWX
More free cash flow
ELMD
ELMD
$2.6M more FCF
ELMD
$2.4M
$-166.0K
AWX
Faster 2-yr revenue CAGR
ELMD
ELMD
Annualised
ELMD
16.7%
6.7%
AWX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AWX
AWX
ELMD
ELMD
Revenue
$21.5M
$18.9M
Net Profit
$-356.0K
$2.8M
Gross Margin
17.1%
78.4%
Operating Margin
0.4%
19.2%
Net Margin
-1.7%
14.6%
Revenue YoY
21.7%
16.3%
Net Profit YoY
28.4%
40.3%
EPS (diluted)
$0.32

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
AWX
AWX
ELMD
ELMD
Q4 25
$21.5M
$18.9M
Q3 25
$25.7M
$16.9M
Q2 25
$20.3M
$17.4M
Q1 25
$16.1M
$15.7M
Q4 24
$17.6M
$16.3M
Q3 24
$24.2M
$14.7M
Q2 24
$23.1M
$14.8M
Q1 24
$18.9M
$13.9M
Net Profit
AWX
AWX
ELMD
ELMD
Q4 25
$-356.0K
$2.8M
Q3 25
$1.9M
$2.1M
Q2 25
$274.0K
$2.2M
Q1 25
$-1.5M
$1.9M
Q4 24
$-497.0K
$2.0M
Q3 24
$1.8M
$1.5M
Q2 24
$954.0K
$1.8M
Q1 24
$-979.0K
$1.5M
Gross Margin
AWX
AWX
ELMD
ELMD
Q4 25
17.1%
78.4%
Q3 25
23.7%
78.1%
Q2 25
20.6%
78.3%
Q1 25
14.8%
78.0%
Q4 24
17.5%
77.7%
Q3 24
24.6%
78.3%
Q2 24
22.1%
76.2%
Q1 24
16.2%
74.8%
Operating Margin
AWX
AWX
ELMD
ELMD
Q4 25
0.4%
19.2%
Q3 25
9.1%
15.8%
Q2 25
3.7%
17.5%
Q1 25
-7.2%
13.6%
Q4 24
-0.8%
15.6%
Q3 24
9.4%
13.2%
Q2 24
6.3%
15.7%
Q1 24
-2.7%
13.3%
Net Margin
AWX
AWX
ELMD
ELMD
Q4 25
-1.7%
14.6%
Q3 25
7.4%
12.6%
Q2 25
1.4%
12.7%
Q1 25
-9.3%
12.1%
Q4 24
-2.8%
12.1%
Q3 24
7.6%
10.0%
Q2 24
4.1%
12.3%
Q1 24
-5.2%
10.8%
EPS (diluted)
AWX
AWX
ELMD
ELMD
Q4 25
$0.32
Q3 25
$0.25
Q2 25
$0.26
Q1 25
$0.21
Q4 24
$0.22
Q3 24
$0.16
Q2 24
$0.20
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
AWX
AWX
ELMD
ELMD
Cash + ST InvestmentsLiquidity on hand
$4.1M
$13.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.4M
$45.4M
Total Assets
$87.4M
$54.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWX
AWX
ELMD
ELMD
Q4 25
$4.1M
$13.8M
Q3 25
$4.6M
$14.1M
Q2 25
$3.7M
$15.3M
Q1 25
$1.3M
$15.2M
Q4 24
$2.8M
$16.2M
Q3 24
$3.9M
$13.9M
Q2 24
$3.8M
$16.1M
Q1 24
$1.2M
$11.7M
Stockholders' Equity
AWX
AWX
ELMD
ELMD
Q4 25
$38.4M
$45.4M
Q3 25
$38.7M
$44.7M
Q2 25
$36.8M
$43.2M
Q1 25
$36.5M
$43.9M
Q4 24
$38.0M
$43.6M
Q3 24
$38.5M
$41.5M
Q2 24
$36.7M
$44.5M
Q1 24
$35.7M
$42.5M
Total Assets
AWX
AWX
ELMD
ELMD
Q4 25
$87.4M
$54.9M
Q3 25
$90.7M
$53.6M
Q2 25
$88.1M
$53.8M
Q1 25
$87.6M
$52.5M
Q4 24
$86.2M
$52.3M
Q3 24
$89.1M
$48.9M
Q2 24
$91.7M
$52.2M
Q1 24
$90.6M
$48.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AWX
AWX
ELMD
ELMD
Operating Cash FlowLast quarter
$278.0K
$3.0M
Free Cash FlowOCF − Capex
$-166.0K
$2.4M
FCF MarginFCF / Revenue
-0.8%
12.7%
Capex IntensityCapex / Revenue
2.1%
3.4%
Cash ConversionOCF / Net Profit
1.10×
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$7.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWX
AWX
ELMD
ELMD
Q4 25
$278.0K
$3.0M
Q3 25
$1.5M
$169.0K
Q2 25
$3.0M
$3.9M
Q1 25
$-982.0K
$2.1M
Q4 24
$-579.0K
$3.2M
Q3 24
$342.0K
$2.3M
Q2 24
$3.2M
$4.5M
Q1 24
$411.0K
$1.4M
Free Cash Flow
AWX
AWX
ELMD
ELMD
Q4 25
$-166.0K
$2.4M
Q3 25
$852.0K
$-83.0K
Q2 25
$2.7M
$3.7M
Q1 25
$-1.4M
$1.9M
Q4 24
$-1.1M
$2.9M
Q3 24
$-660.0K
$2.3M
Q2 24
$2.9M
$4.5M
Q1 24
$56.0K
$1.3M
FCF Margin
AWX
AWX
ELMD
ELMD
Q4 25
-0.8%
12.7%
Q3 25
3.3%
-0.5%
Q2 25
13.5%
21.4%
Q1 25
-8.5%
12.2%
Q4 24
-6.4%
18.0%
Q3 24
-2.7%
15.5%
Q2 24
12.4%
30.1%
Q1 24
0.3%
9.1%
Capex Intensity
AWX
AWX
ELMD
ELMD
Q4 25
2.1%
3.4%
Q3 25
2.3%
1.5%
Q2 25
1.4%
0.8%
Q1 25
2.4%
1.0%
Q4 24
3.1%
1.4%
Q3 24
4.1%
0.3%
Q2 24
1.5%
0.1%
Q1 24
1.9%
0.6%
Cash Conversion
AWX
AWX
ELMD
ELMD
Q4 25
1.10×
Q3 25
0.76×
0.08×
Q2 25
11.07×
1.75×
Q1 25
1.10×
Q4 24
1.60×
Q3 24
0.19×
1.57×
Q2 24
3.35×
2.46×
Q1 24
0.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AWX
AWX

Segment breakdown not available.

ELMD
ELMD

Homecare$17.3M91%
Other$1.6M9%

Related Comparisons