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Side-by-side financial comparison of AVALON HOLDINGS CORP (AWX) and FENNEC PHARMACEUTICALS INC. (FENC). Click either name above to swap in a different company.
AVALON HOLDINGS CORP is the larger business by last-quarter revenue ($21.5M vs $13.8M, roughly 1.6× FENNEC PHARMACEUTICALS INC.). AVALON HOLDINGS CORP runs the higher net margin — -1.7% vs -34.7%, a 33.1% gap on every dollar of revenue. On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs 21.7%). Over the past eight quarters, AVALON HOLDINGS CORP's revenue compounded faster (6.7% CAGR vs -26.3%).
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.
Fennec Pharmaceuticals Inc. is a biopharmaceutical firm focused on developing and commercializing therapies to reduce treatment-related side effects in pediatric cancer patients. Its lead product targets chemotherapy-induced ototoxicity, with core North American markets serving oncology providers and vulnerable pediatric patient groups.
AWX vs FENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.5M | $13.8M |
| Net Profit | $-356.0K | $-4.8M |
| Gross Margin | 17.1% | — |
| Operating Margin | 0.4% | -18.5% |
| Net Margin | -1.7% | -34.7% |
| Revenue YoY | 21.7% | 73.8% |
| Net Profit YoY | 28.4% | -141.1% |
| EPS (diluted) | — | $-0.17 |
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 | $21.5M | $13.8M | ||
| Q3 25 | $25.7M | $12.5M | ||
| Q2 25 | $20.3M | $9.7M | ||
| Q1 25 | $16.1M | $8.8M | ||
| Q4 24 | $17.6M | $7.9M | ||
| Q3 24 | $24.2M | $7.0M | ||
| Q2 24 | $23.1M | $7.3M | ||
| Q1 24 | $18.9M | $25.4M |
| Q4 25 | $-356.0K | $-4.8M | ||
| Q3 25 | $1.9M | $-638.0K | ||
| Q2 25 | $274.0K | $-3.2M | ||
| Q1 25 | $-1.5M | $-1.2M | ||
| Q4 24 | $-497.0K | $-2.0M | ||
| Q3 24 | $1.8M | $-5.7M | ||
| Q2 24 | $954.0K | $-5.6M | ||
| Q1 24 | $-979.0K | $12.8M |
| Q4 25 | 17.1% | — | ||
| Q3 25 | 23.7% | — | ||
| Q2 25 | 20.6% | — | ||
| Q1 25 | 14.8% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 24.6% | — | ||
| Q2 24 | 22.1% | — | ||
| Q1 24 | 16.2% | — |
| Q4 25 | 0.4% | -18.5% | ||
| Q3 25 | 9.1% | -1.5% | ||
| Q2 25 | 3.7% | -28.3% | ||
| Q1 25 | -7.2% | -9.2% | ||
| Q4 24 | -0.8% | -11.8% | ||
| Q3 24 | 9.4% | -74.6% | ||
| Q2 24 | 6.3% | -69.4% | ||
| Q1 24 | -2.7% | 54.2% |
| Q4 25 | -1.7% | -34.7% | ||
| Q3 25 | 7.4% | -5.1% | ||
| Q2 25 | 1.4% | -32.7% | ||
| Q1 25 | -9.3% | -13.3% | ||
| Q4 24 | -2.8% | -25.0% | ||
| Q3 24 | 7.6% | -82.2% | ||
| Q2 24 | 4.1% | -76.5% | ||
| Q1 24 | -5.2% | 50.6% |
| Q4 25 | — | $-0.17 | ||
| Q3 25 | — | $-0.02 | ||
| Q2 25 | — | $-0.11 | ||
| Q1 25 | — | $-0.04 | ||
| Q4 24 | — | $-0.02 | ||
| Q3 24 | — | $-0.21 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $0.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.1M | $36.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $38.4M | $35.5M |
| Total Assets | $87.4M | $70.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.1M | $36.8M | ||
| Q3 25 | $4.6M | $21.9M | ||
| Q2 25 | $3.7M | $18.7M | ||
| Q1 25 | $1.3M | $22.7M | ||
| Q4 24 | $2.8M | $26.6M | ||
| Q3 24 | $3.9M | $40.3M | ||
| Q2 24 | $3.8M | $43.1M | ||
| Q1 24 | $1.2M | $51.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | $19.4M | ||
| Q2 25 | — | $19.4M | ||
| Q1 25 | — | $19.4M | ||
| Q4 24 | — | $19.3M | ||
| Q3 24 | — | $32.1M | ||
| Q2 24 | — | $31.8M | ||
| Q1 24 | — | $31.3M |
| Q4 25 | $38.4M | $35.5M | ||
| Q3 25 | $38.7M | $-4.5M | ||
| Q2 25 | $36.8M | $-7.5M | ||
| Q1 25 | $36.5M | $-5.9M | ||
| Q4 24 | $38.0M | $-5.9M | ||
| Q3 24 | $38.5M | $-5.2M | ||
| Q2 24 | $36.7M | $-1.4M | ||
| Q1 24 | $35.7M | $3.0M |
| Q4 25 | $87.4M | $70.6M | ||
| Q3 25 | $90.7M | $49.3M | ||
| Q2 25 | $88.1M | $44.9M | ||
| Q1 25 | $87.6M | $46.4M | ||
| Q4 24 | $86.2M | $44.9M | ||
| Q3 24 | $89.1M | $58.9M | ||
| Q2 24 | $91.7M | $63.2M | ||
| Q1 24 | $90.6M | $69.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.40× |
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 | $278.0K | $-6.0M |
| Free Cash FlowOCF − Capex | $-166.0K | — |
| FCF MarginFCF / Revenue | -0.8% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.0K | $-6.0M | ||
| Q3 25 | $1.5M | $1.5M | ||
| Q2 25 | $3.0M | $-3.7M | ||
| Q1 25 | $-982.0K | $-4.3M | ||
| Q4 24 | $-579.0K | $-1.5M | ||
| Q3 24 | $342.0K | $-2.2M | ||
| Q2 24 | $3.2M | $-8.4M | ||
| Q1 24 | $411.0K | $39.0M |
| Q4 25 | $-166.0K | — | ||
| Q3 25 | $852.0K | — | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $-1.4M | — | ||
| Q4 24 | $-1.1M | — | ||
| Q3 24 | $-660.0K | — | ||
| Q2 24 | $2.9M | — | ||
| Q1 24 | $56.0K | — |
| Q4 25 | -0.8% | — | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | 13.5% | — | ||
| Q1 25 | -8.5% | — | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | -2.7% | — | ||
| Q2 24 | 12.4% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 11.07× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 3.35× | — | ||
| Q1 24 | — | 3.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
