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Side-by-side financial comparison of AVALON HOLDINGS CORP (AWX) and R F INDUSTRIES LTD (RFIL). Click either name above to swap in a different company.

R F INDUSTRIES LTD is the larger business by last-quarter revenue ($22.7M vs $21.5M, roughly 1.1× AVALON HOLDINGS CORP). R F INDUSTRIES LTD runs the higher net margin — 0.8% vs -1.7%, a 2.4% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs 21.7%). R F INDUSTRIES LTD produced more free cash flow last quarter ($2.0M vs $-166.0K). Over the past eight quarters, R F INDUSTRIES LTD's revenue compounded faster (29.8% 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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

AWX vs RFIL — Head-to-Head

Bigger by revenue
RFIL
RFIL
1.1× larger
RFIL
$22.7M
$21.5M
AWX
Growing faster (revenue YoY)
RFIL
RFIL
+1.2% gap
RFIL
22.9%
21.7%
AWX
Higher net margin
RFIL
RFIL
2.4% more per $
RFIL
0.8%
-1.7%
AWX
More free cash flow
RFIL
RFIL
$2.2M more FCF
RFIL
$2.0M
$-166.0K
AWX
Faster 2-yr revenue CAGR
RFIL
RFIL
Annualised
RFIL
29.8%
6.7%
AWX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AWX
AWX
RFIL
RFIL
Revenue
$21.5M
$22.7M
Net Profit
$-356.0K
$173.0K
Gross Margin
17.1%
36.8%
Operating Margin
0.4%
4.0%
Net Margin
-1.7%
0.8%
Revenue YoY
21.7%
22.9%
Net Profit YoY
28.4%
172.7%
EPS (diluted)
$0.01

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
RFIL
RFIL
Q4 25
$21.5M
$22.7M
Q3 25
$25.7M
$19.8M
Q2 25
$20.3M
$18.9M
Q1 25
$16.1M
$19.2M
Q4 24
$17.6M
$18.5M
Q3 24
$24.2M
$16.8M
Q2 24
$23.1M
$16.1M
Q1 24
$18.9M
$13.5M
Net Profit
AWX
AWX
RFIL
RFIL
Q4 25
$-356.0K
$173.0K
Q3 25
$1.9M
$392.0K
Q2 25
$274.0K
$-245.0K
Q1 25
$-1.5M
$-245.0K
Q4 24
$-497.0K
$-238.0K
Q3 24
$1.8M
$-705.0K
Q2 24
$954.0K
$-4.3M
Q1 24
$-979.0K
$-1.4M
Gross Margin
AWX
AWX
RFIL
RFIL
Q4 25
17.1%
36.8%
Q3 25
23.7%
34.0%
Q2 25
20.6%
31.5%
Q1 25
14.8%
29.8%
Q4 24
17.5%
31.3%
Q3 24
24.6%
29.5%
Q2 24
22.1%
29.9%
Q1 24
16.2%
24.5%
Operating Margin
AWX
AWX
RFIL
RFIL
Q4 25
0.4%
4.0%
Q3 25
9.1%
3.6%
Q2 25
3.7%
0.6%
Q1 25
-7.2%
0.3%
Q4 24
-0.8%
0.5%
Q3 24
9.4%
-2.5%
Q2 24
6.3%
-2.6%
Q1 24
-2.7%
-15.5%
Net Margin
AWX
AWX
RFIL
RFIL
Q4 25
-1.7%
0.8%
Q3 25
7.4%
2.0%
Q2 25
1.4%
-1.3%
Q1 25
-9.3%
-1.3%
Q4 24
-2.8%
-1.3%
Q3 24
7.6%
-4.2%
Q2 24
4.1%
-26.7%
Q1 24
-5.2%
-10.1%
EPS (diluted)
AWX
AWX
RFIL
RFIL
Q4 25
$0.01
Q3 25
$0.04
Q2 25
$-0.02
Q1 25
$-0.02
Q4 24
$-0.02
Q3 24
$-0.07
Q2 24
$-0.41
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
AWX
AWX
RFIL
RFIL
Cash + ST InvestmentsLiquidity on hand
$4.1M
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.4M
$35.2M
Total Assets
$87.4M
$73.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWX
AWX
RFIL
RFIL
Q4 25
$4.1M
$5.1M
Q3 25
$4.6M
$3.0M
Q2 25
$3.7M
$3.6M
Q1 25
$1.3M
$1.3M
Q4 24
$2.8M
$839.0K
Q3 24
$3.9M
$1.8M
Q2 24
$3.8M
$1.4M
Q1 24
$1.2M
$4.5M
Stockholders' Equity
AWX
AWX
RFIL
RFIL
Q4 25
$38.4M
$35.2M
Q3 25
$38.7M
$34.8M
Q2 25
$36.8M
$34.2M
Q1 25
$36.5M
$34.2M
Q4 24
$38.0M
$34.1M
Q3 24
$38.5M
$34.1M
Q2 24
$36.7M
$34.6M
Q1 24
$35.7M
$38.7M
Total Assets
AWX
AWX
RFIL
RFIL
Q4 25
$87.4M
$73.0M
Q3 25
$90.7M
$73.2M
Q2 25
$88.1M
$72.7M
Q1 25
$87.6M
$70.4M
Q4 24
$86.2M
$71.0M
Q3 24
$89.1M
$71.9M
Q2 24
$91.7M
$72.8M
Q1 24
$90.6M
$79.1M

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
RFIL
RFIL
Operating Cash FlowLast quarter
$278.0K
$2.1M
Free Cash FlowOCF − Capex
$-166.0K
$2.0M
FCF MarginFCF / Revenue
-0.8%
9.0%
Capex IntensityCapex / Revenue
2.1%
0.3%
Cash ConversionOCF / Net Profit
12.13×
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWX
AWX
RFIL
RFIL
Q4 25
$278.0K
$2.1M
Q3 25
$1.5M
$-311.0K
Q2 25
$3.0M
$2.2M
Q1 25
$-982.0K
$601.0K
Q4 24
$-579.0K
$-244.0K
Q3 24
$342.0K
$2.4M
Q2 24
$3.2M
$197.0K
Q1 24
$411.0K
$840.0K
Free Cash Flow
AWX
AWX
RFIL
RFIL
Q4 25
$-166.0K
$2.0M
Q3 25
$852.0K
$-419.0K
Q2 25
$2.7M
$2.2M
Q1 25
$-1.4M
$574.0K
Q4 24
$-1.1M
$-418.0K
Q3 24
$-660.0K
$2.1M
Q2 24
$2.9M
$28.0K
Q1 24
$56.0K
$697.0K
FCF Margin
AWX
AWX
RFIL
RFIL
Q4 25
-0.8%
9.0%
Q3 25
3.3%
-2.1%
Q2 25
13.5%
11.4%
Q1 25
-8.5%
3.0%
Q4 24
-6.4%
-2.3%
Q3 24
-2.7%
12.6%
Q2 24
12.4%
0.2%
Q1 24
0.3%
5.2%
Capex Intensity
AWX
AWX
RFIL
RFIL
Q4 25
2.1%
0.3%
Q3 25
2.3%
0.5%
Q2 25
1.4%
0.2%
Q1 25
2.4%
0.1%
Q4 24
3.1%
0.9%
Q3 24
4.1%
1.5%
Q2 24
1.5%
1.0%
Q1 24
1.9%
1.1%
Cash Conversion
AWX
AWX
RFIL
RFIL
Q4 25
12.13×
Q3 25
0.76×
-0.79×
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.

Revenue Breakdown by Segment

AWX
AWX

Segment breakdown not available.

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

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