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Side-by-side financial comparison of AVALON HOLDINGS CORP (AWX) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.
IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $21.5M, roughly 1.2× AVALON HOLDINGS CORP). AVALON HOLDINGS CORP runs the higher net margin — -1.7% vs -5.7%, a 4.0% gap on every dollar of revenue. On growth, AVALON HOLDINGS CORP posted the faster year-over-year revenue change (21.7% vs 2.1%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $-166.0K). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% 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.
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
AWX vs ITP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.5M | $25.6M |
| Net Profit | $-356.0K | $-1.4M |
| Gross Margin | 17.1% | 7.9% |
| Operating Margin | 0.4% | -3.9% |
| Net Margin | -1.7% | -5.7% |
| Revenue YoY | 21.7% | 2.1% |
| Net Profit YoY | 28.4% | 26.6% |
| EPS (diluted) | — | $-0.11 |
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 | — | ||
| Q3 25 | $25.7M | $25.6M | ||
| Q2 25 | $20.3M | $24.8M | ||
| Q1 25 | $16.1M | $10.9M | ||
| Q4 24 | $17.6M | $17.6M | ||
| Q3 24 | $24.2M | $25.1M | ||
| Q2 24 | $23.1M | $26.2M | ||
| Q1 24 | $18.9M | $6.9M |
| Q4 25 | $-356.0K | — | ||
| Q3 25 | $1.9M | $-1.4M | ||
| Q2 25 | $274.0K | $-2.0M | ||
| Q1 25 | $-1.5M | $-3.5M | ||
| Q4 24 | $-497.0K | $-4.0M | ||
| Q3 24 | $1.8M | $-2.0M | ||
| Q2 24 | $954.0K | $-77.7K | ||
| Q1 24 | $-979.0K | $-3.7M |
| Q4 25 | 17.1% | — | ||
| Q3 25 | 23.7% | 7.9% | ||
| Q2 25 | 20.6% | 5.1% | ||
| Q1 25 | 14.8% | 0.8% | ||
| Q4 24 | 17.5% | 6.3% | ||
| Q3 24 | 24.6% | 7.6% | ||
| Q2 24 | 22.1% | 12.4% | ||
| Q1 24 | 16.2% | 5.8% |
| Q4 25 | 0.4% | — | ||
| Q3 25 | 9.1% | -3.9% | ||
| Q2 25 | 3.7% | -7.1% | ||
| Q1 25 | -7.2% | -31.0% | ||
| Q4 24 | -0.8% | -21.5% | ||
| Q3 24 | 9.4% | -5.8% | ||
| Q2 24 | 6.3% | 2.1% | ||
| Q1 24 | -2.7% | -51.0% |
| Q4 25 | -1.7% | — | ||
| Q3 25 | 7.4% | -5.7% | ||
| Q2 25 | 1.4% | -7.9% | ||
| Q1 25 | -9.3% | -32.2% | ||
| Q4 24 | -2.8% | -22.9% | ||
| Q3 24 | 7.6% | -7.9% | ||
| Q2 24 | 4.1% | -0.3% | ||
| Q1 24 | -5.2% | -54.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.11 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.35 | ||
| Q4 24 | — | $-0.40 | ||
| Q3 24 | — | $-0.20 | ||
| Q2 24 | — | $-0.01 | ||
| Q1 24 | — | $-0.37 |
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 | — |
| Total DebtLower is stronger | — | $4.7M |
| Stockholders' EquityBook value | $38.4M | $152.0M |
| Total Assets | $87.4M | $175.7M |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.6M | — | ||
| Q2 25 | $3.7M | — | ||
| Q1 25 | $1.3M | — | ||
| Q4 24 | $2.8M | — | ||
| Q3 24 | $3.9M | — | ||
| Q2 24 | $3.8M | — | ||
| Q1 24 | $1.2M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $4.7M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $11.3M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | $38.4M | — | ||
| Q3 25 | $38.7M | $152.0M | ||
| Q2 25 | $36.8M | $152.3M | ||
| Q1 25 | $36.5M | $152.8M | ||
| Q4 24 | $38.0M | $156.1M | ||
| Q3 24 | $38.5M | $164.3M | ||
| Q2 24 | $36.7M | $163.5M | ||
| Q1 24 | $35.7M | $164.3M |
| Q4 25 | $87.4M | — | ||
| Q3 25 | $90.7M | $175.7M | ||
| Q2 25 | $88.1M | $175.2M | ||
| Q1 25 | $87.6M | $175.2M | ||
| Q4 24 | $86.2M | $177.5M | ||
| Q3 24 | $89.1M | $190.0M | ||
| Q2 24 | $91.7M | $191.4M | ||
| Q1 24 | $90.6M | $177.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.07× |
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 | $1.5M |
| Free Cash FlowOCF − Capex | $-166.0K | $1.5M |
| FCF MarginFCF / Revenue | -0.8% | 5.9% |
| Capex IntensityCapex / Revenue | 2.1% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.1M | $3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.0K | — | ||
| Q3 25 | $1.5M | $1.5M | ||
| Q2 25 | $3.0M | $1.4M | ||
| Q1 25 | $-982.0K | $-2.5M | ||
| Q4 24 | $-579.0K | $3.5M | ||
| Q3 24 | $342.0K | $1.5M | ||
| Q2 24 | $3.2M | $721.9K | ||
| Q1 24 | $411.0K | $624.4K |
| Q4 25 | $-166.0K | — | ||
| Q3 25 | $852.0K | $1.5M | ||
| Q2 25 | $2.7M | $1.3M | ||
| Q1 25 | $-1.4M | $-2.5M | ||
| Q4 24 | $-1.1M | $3.5M | ||
| Q3 24 | $-660.0K | $1.2M | ||
| Q2 24 | $2.9M | $668.3K | ||
| Q1 24 | $56.0K | $615.4K |
| Q4 25 | -0.8% | — | ||
| Q3 25 | 3.3% | 5.9% | ||
| Q2 25 | 13.5% | 5.4% | ||
| Q1 25 | -8.5% | -22.8% | ||
| Q4 24 | -6.4% | 19.6% | ||
| Q3 24 | -2.7% | 4.9% | ||
| Q2 24 | 12.4% | 2.5% | ||
| Q1 24 | 0.3% | 9.0% |
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.3% | 0.0% | ||
| Q2 25 | 1.4% | 0.1% | ||
| Q1 25 | 2.4% | 0.1% | ||
| Q4 24 | 3.1% | 0.1% | ||
| Q3 24 | 4.1% | 1.0% | ||
| Q2 24 | 1.5% | 0.2% | ||
| Q1 24 | 1.9% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 11.07× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 3.35× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
