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Side-by-side financial comparison of AVALON HOLDINGS CORP (AWX) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.
WEST BANCORPORATION INC is the larger business by last-quarter revenue ($26.9M vs $21.5M, roughly 1.3× AVALON HOLDINGS CORP). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -1.7%, a 40.9% gap on every dollar of revenue. On growth, AVALON HOLDINGS CORP posted the faster year-over-year revenue change (21.7% vs 16.6%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $-166.0K). Over the past eight quarters, WEST BANCORPORATION INC's revenue compounded faster (17.3% 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.
West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.
AWX vs WTBA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $21.5M | $26.9M |
| Net Profit | $-356.0K | $10.6M |
| Gross Margin | 17.1% | — |
| Operating Margin | 0.4% | 50.0% |
| Net Margin | -1.7% | 39.2% |
| Revenue YoY | 21.7% | 16.6% |
| Net Profit YoY | 28.4% | 34.8% |
| EPS (diluted) | — | $0.61 |
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.
| Q1 26 | — | $26.9M | ||
| Q4 25 | $21.5M | $24.2M | ||
| Q3 25 | $25.7M | $25.0M | ||
| Q2 25 | $20.3M | $23.8M | ||
| Q1 25 | $16.1M | $23.1M | ||
| Q4 24 | $17.6M | $20.9M | ||
| Q3 24 | $24.2M | $20.3M | ||
| Q2 24 | $23.1M | $19.6M |
| Q1 26 | — | $10.6M | ||
| Q4 25 | $-356.0K | $7.4M | ||
| Q3 25 | $1.9M | $9.3M | ||
| Q2 25 | $274.0K | $8.0M | ||
| Q1 25 | $-1.5M | $7.8M | ||
| Q4 24 | $-497.0K | $7.1M | ||
| Q3 24 | $1.8M | $6.0M | ||
| Q2 24 | $954.0K | $5.2M |
| Q1 26 | — | — | ||
| 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 26 | — | 50.0% | ||
| Q4 25 | 0.4% | 39.6% | ||
| Q3 25 | 9.1% | 45.8% | ||
| Q2 25 | 3.7% | 43.4% | ||
| Q1 25 | -7.2% | 43.4% | ||
| Q4 24 | -0.8% | 30.9% | ||
| Q3 24 | 9.4% | 36.6% | ||
| Q2 24 | 6.3% | 32.6% |
| Q1 26 | — | 39.2% | ||
| Q4 25 | -1.7% | 30.7% | ||
| Q3 25 | 7.4% | 37.3% | ||
| Q2 25 | 1.4% | 33.5% | ||
| Q1 25 | -9.3% | 34.0% | ||
| Q4 24 | -2.8% | 34.0% | ||
| Q3 24 | 7.6% | 29.3% | ||
| Q2 24 | 4.1% | 26.5% |
| Q1 26 | — | $0.61 | ||
| Q4 25 | — | $0.44 | ||
| Q3 25 | — | $0.55 | ||
| Q2 25 | — | $0.47 | ||
| Q1 25 | — | $0.46 | ||
| Q4 24 | — | $0.41 | ||
| Q3 24 | — | $0.35 | ||
| Q2 24 | — | $0.31 |
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 | $362.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $38.4M | $270.7M |
| Total Assets | $87.4M | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $4.1M | $471.1M | ||
| Q3 25 | $4.6M | $232.9M | ||
| Q2 25 | $3.7M | $345.2M | ||
| Q1 25 | $1.3M | — | ||
| Q4 24 | $2.8M | $243.5M | ||
| Q3 24 | $3.9M | — | ||
| Q2 24 | $3.8M | — |
| Q1 26 | — | $270.7M | ||
| Q4 25 | $38.4M | $266.0M | ||
| Q3 25 | $38.7M | $255.1M | ||
| Q2 25 | $36.8M | $240.9M | ||
| Q1 25 | $36.5M | $237.9M | ||
| Q4 24 | $38.0M | $227.9M | ||
| Q3 24 | $38.5M | $235.4M | ||
| Q2 24 | $36.7M | $223.9M |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $87.4M | $4.1B | ||
| Q3 25 | $90.7M | $4.0B | ||
| Q2 25 | $88.1M | $4.1B | ||
| Q1 25 | $87.6M | $4.0B | ||
| Q4 24 | $86.2M | $4.0B | ||
| Q3 24 | $89.1M | $4.0B | ||
| Q2 24 | $91.7M | $4.0B |
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 | $12.9M |
| Free Cash FlowOCF − Capex | $-166.0K | $12.4M |
| FCF MarginFCF / Revenue | -0.8% | 46.0% |
| Capex IntensityCapex / Revenue | 2.1% | 1.8% |
| Cash ConversionOCF / Net Profit | — | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | $2.1M | $79.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.9M | ||
| Q4 25 | $278.0K | $46.5M | ||
| Q3 25 | $1.5M | $11.4M | ||
| Q2 25 | $3.0M | $13.5M | ||
| Q1 25 | $-982.0K | $9.7M | ||
| Q4 24 | $-579.0K | $39.8M | ||
| Q3 24 | $342.0K | $12.9M | ||
| Q2 24 | $3.2M | $10.0M |
| Q1 26 | — | $12.4M | ||
| Q4 25 | $-166.0K | $43.2M | ||
| Q3 25 | $852.0K | $10.8M | ||
| Q2 25 | $2.7M | $12.8M | ||
| Q1 25 | $-1.4M | $8.3M | ||
| Q4 24 | $-1.1M | $13.7M | ||
| Q3 24 | $-660.0K | $7.0M | ||
| Q2 24 | $2.9M | $2.7M |
| Q1 26 | — | 46.0% | ||
| Q4 25 | -0.8% | 178.3% | ||
| Q3 25 | 3.3% | 43.0% | ||
| Q2 25 | 13.5% | 53.6% | ||
| Q1 25 | -8.5% | 35.7% | ||
| Q4 24 | -6.4% | 65.6% | ||
| Q3 24 | -2.7% | 34.2% | ||
| Q2 24 | 12.4% | 14.0% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 2.1% | 13.7% | ||
| Q3 25 | 2.3% | 2.6% | ||
| Q2 25 | 1.4% | 3.2% | ||
| Q1 25 | 2.4% | 6.5% | ||
| Q4 24 | 3.1% | 125.3% | ||
| Q3 24 | 4.1% | 29.4% | ||
| Q2 24 | 1.5% | 37.1% |
| Q1 26 | — | 1.22× | ||
| Q4 25 | — | 6.26× | ||
| Q3 25 | 0.76× | 1.23× | ||
| Q2 25 | 11.07× | 1.70× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 5.61× | ||
| Q3 24 | 0.19× | 2.17× | ||
| Q2 24 | 3.35× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
