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Side-by-side financial comparison of A2Z CUST2MATE SOLUTIONS CORP. (AZ) and ZW Data Action Technologies Inc. (CNET). Click either name above to swap in a different company.
ZW Data Action Technologies Inc. is the larger business by last-quarter revenue ($1.7M vs $1.5M, roughly 1.1× A2Z CUST2MATE SOLUTIONS CORP.). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -90.4%, a 84.1% gap on every dollar of revenue. On growth, A2Z CUST2MATE SOLUTIONS CORP. posted the faster year-over-year revenue change (-1.6% vs -47.0%).
ZW Data Action Technologies Inc., trading under the symbol CNET, is a China-based technology enterprise focused on delivering integrated digital marketing solutions, big data analysis services, and intelligent operation tools for enterprise clients across sectors including e-commerce, consumer goods, and internet services. Its offerings help clients optimize user acquisition efficiency, boost operational performance, and advance digital transformation, primarily serving the Chinese domestic market and select Asia-Pacific clients.
AZ vs CNET — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5M | $1.7M |
| Net Profit | $-1.4M | $-108.0K |
| Gross Margin | 34.0% | 5.7% |
| Operating Margin | -265.9% | -8.9% |
| Net Margin | -90.4% | -6.3% |
| Revenue YoY | -1.6% | -47.0% |
| Net Profit YoY | 60.4% | 94.4% |
| EPS (diluted) | — | — |
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.
| Q3 25 | $1.5M | $1.7M | ||
| Q2 25 | $1.2M | — | ||
| Q1 25 | $2.0M | $1.7M | ||
| Q4 24 | — | $2.2M | ||
| Q3 24 | $1.6M | $3.2M | ||
| Q2 24 | $1.1M | $6.4M | ||
| Q1 24 | — | $3.5M | ||
| Q4 23 | — | $5.3M |
| Q3 25 | $-1.4M | $-108.0K | ||
| Q2 25 | $-12.6M | — | ||
| Q1 25 | $-6.8M | $-531.0K | ||
| Q4 24 | — | $-781.0K | ||
| Q3 24 | $-3.5M | $-1.9M | ||
| Q2 24 | $-3.2M | $-216.0K | ||
| Q1 24 | — | $-850.0K | ||
| Q4 23 | — | $-1.9M |
| Q3 25 | 34.0% | 5.7% | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 31.7% | 9.7% | ||
| Q4 24 | — | -0.4% | ||
| Q3 24 | 43.9% | 1.7% | ||
| Q2 24 | 7.4% | 5.1% | ||
| Q1 24 | — | 2.0% | ||
| Q4 23 | — | -0.1% |
| Q3 25 | -265.9% | -8.9% | ||
| Q2 25 | -585.9% | — | ||
| Q1 25 | -381.4% | -35.0% | ||
| Q4 24 | — | -24.1% | ||
| Q3 24 | -167.0% | -61.5% | ||
| Q2 24 | -272.1% | -4.7% | ||
| Q1 24 | — | -26.1% | ||
| Q4 23 | — | -33.4% |
| Q3 25 | -90.4% | -6.3% | ||
| Q2 25 | -1085.4% | — | ||
| Q1 25 | -342.1% | -32.1% | ||
| Q4 24 | — | -34.7% | ||
| Q3 24 | -224.7% | -59.1% | ||
| Q2 24 | -277.4% | -3.4% | ||
| Q1 24 | — | -24.1% | ||
| Q4 23 | — | -36.2% |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-0.19 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | $-0.05 | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $43.2M | $1.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $71.3M | $3.3M |
| Total Assets | $81.9M | $9.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $43.2M | $1.8M | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $24.2M | $807.0K | ||
| Q4 24 | — | $812.0K | ||
| Q3 24 | $3.4M | $1.1M | ||
| Q2 24 | $653.0K | $510.0K | ||
| Q1 24 | — | $467.0K | ||
| Q4 23 | — | $817.0K |
| Q3 25 | $71.3M | $3.3M | ||
| Q2 25 | $31.5M | — | ||
| Q1 25 | $31.3M | $3.1M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | $-504.0K | $4.8M | ||
| Q2 24 | $-340.0K | $5.2M | ||
| Q1 24 | — | $5.4M | ||
| Q4 23 | — | $6.3M |
| Q3 25 | $81.9M | $9.7M | ||
| Q2 25 | $46.1M | — | ||
| Q1 25 | $42.2M | $9.5M | ||
| Q4 24 | — | $9.7M | ||
| Q3 24 | $10.2M | $11.0M | ||
| Q2 24 | $7.2M | $10.8M | ||
| Q1 24 | — | $11.4M | ||
| Q4 23 | — | $11.2M |
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 | $-4.0M | $-482.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-4.0M | $-482.0K | ||
| Q2 25 | $-5.9M | — | ||
| Q1 25 | $-3.8M | $-984.0K | ||
| Q4 24 | — | $-830.0K | ||
| Q3 24 | $-658.0K | $-198.0K | ||
| Q2 24 | $-3.7M | $-677.0K | ||
| Q1 24 | — | $-353.0K | ||
| Q4 23 | — | $-476.0K |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-1.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -61.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AZ
Segment breakdown not available.
CNET
| Online Advertising Placement | $1.6M | 95% |
| Other | $83.0K | 5% |
