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Side-by-side financial comparison of BGSF, INC. (BGSF) and TPG Mortgage Investment Trust, Inc. (MITT). Click either name above to swap in a different company.

BGSF, INC. is the larger business by last-quarter revenue ($22.0M vs $20.4M, roughly 1.1× TPG Mortgage Investment Trust, Inc.). TPG Mortgage Investment Trust, Inc. runs the higher net margin — 65.0% vs -5.3%, a 70.2% gap on every dollar of revenue. On growth, TPG Mortgage Investment Trust, Inc. posted the faster year-over-year revenue change (17.7% vs -9.4%). Over the past eight quarters, TPG Mortgage Investment Trust, Inc.'s revenue compounded faster (9.1% CAGR vs -5.3%).

BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.

TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.

BGSF vs MITT — Head-to-Head

Bigger by revenue
BGSF
BGSF
1.1× larger
BGSF
$22.0M
$20.4M
MITT
Growing faster (revenue YoY)
MITT
MITT
+27.0% gap
MITT
17.7%
-9.4%
BGSF
Higher net margin
MITT
MITT
70.2% more per $
MITT
65.0%
-5.3%
BGSF
Faster 2-yr revenue CAGR
MITT
MITT
Annualised
MITT
9.1%
-5.3%
BGSF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BGSF
BGSF
MITT
MITT
Revenue
$22.0M
$20.4M
Net Profit
$-1.2M
$13.3M
Gross Margin
35.0%
Operating Margin
-17.6%
67.1%
Net Margin
-5.3%
65.0%
Revenue YoY
-9.4%
17.7%
Net Profit YoY
-18.2%
-7.0%
EPS (diluted)
$-0.12
$0.27

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
BGSF
BGSF
MITT
MITT
Q4 25
$22.0M
$20.4M
Q3 25
$26.9M
$19.5M
Q2 25
$23.5M
$17.8M
Q1 25
$20.9M
$18.8M
Q4 24
$24.3M
$17.4M
Q3 24
$29.8M
$14.9M
Q2 24
$25.7M
$16.4M
Q1 24
$24.5M
$17.2M
Net Profit
BGSF
BGSF
MITT
MITT
Q4 25
$-1.2M
$13.3M
Q3 25
$-5.8M
$20.0M
Q2 25
$-3.7M
$3.9M
Q1 25
$-722.0K
$11.5M
Q4 24
$-981.0K
$14.3M
Q3 24
$-804.0K
$16.6M
Q2 24
$-761.0K
$3.9M
Q1 24
$-792.0K
$20.9M
Gross Margin
BGSF
BGSF
MITT
MITT
Q4 25
35.0%
Q3 25
35.9%
Q2 25
35.8%
Q1 25
36.2%
Q4 24
35.9%
Q3 24
35.9%
Q2 24
37.3%
Q1 24
38.1%
Operating Margin
BGSF
BGSF
MITT
MITT
Q4 25
-17.6%
67.1%
Q3 25
-3.5%
Q2 25
-18.8%
20.9%
Q1 25
1.6%
54.6%
Q4 24
-15.7%
76.7%
Q3 24
-3.4%
Q2 24
-5.7%
18.4%
Q1 24
1.7%
Net Margin
BGSF
BGSF
MITT
MITT
Q4 25
-5.3%
65.0%
Q3 25
-21.6%
102.5%
Q2 25
-15.9%
22.2%
Q1 25
-3.5%
60.9%
Q4 24
-4.0%
82.2%
Q3 24
-2.7%
111.3%
Q2 24
-3.0%
24.0%
Q1 24
-3.2%
121.6%
EPS (diluted)
BGSF
BGSF
MITT
MITT
Q4 25
$-0.12
$0.27
Q3 25
$-0.52
$0.47
Q2 25
$-0.34
$-0.05
Q1 25
$-0.06
$0.21
Q4 24
$0.30
Q3 24
$-0.07
$0.40
Q2 24
$-0.07
$-0.02
Q1 24
$0.55

Balance Sheet & Financial Strength

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

Metric
BGSF
BGSF
MITT
MITT
Cash + ST InvestmentsLiquidity on hand
$57.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$48.1M
$560.7M
Total Assets
$57.8M
$8.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGSF
BGSF
MITT
MITT
Q4 25
$57.8M
Q3 25
$41.2M
$59.0M
Q2 25
$2.8M
$88.7M
Q1 25
$2.0M
$115.5M
Q4 24
$32.0K
$118.7M
Q3 24
$262
$102.5M
Q2 24
$226
$120.9M
Q1 24
$50
$100.3M
Stockholders' Equity
BGSF
BGSF
MITT
MITT
Q4 25
$48.1M
$560.7M
Q3 25
$50.7M
$559.8M
Q2 25
$78.3M
$536.4M
Q1 25
$81.8M
$543.9M
Q4 24
$82.3M
$543.4M
Q3 24
$82.9M
$540.1M
Q2 24
$83.2M
$533.5M
Q1 24
$83.6M
$539.6M
Total Assets
BGSF
BGSF
MITT
MITT
Q4 25
$57.8M
$8.7B
Q3 25
$83.6M
$9.0B
Q2 25
$149.7M
$7.5B
Q1 25
$152.3M
$7.3B
Q4 24
$150.1M
$6.9B
Q3 24
$157.3K
$7.0B
Q2 24
$159.8K
$7.1B
Q1 24
$170.6K
$6.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BGSF
BGSF
MITT
MITT
Operating Cash FlowLast quarter
$1.7M
$59.6M
Free Cash FlowOCF − Capex
$1.7M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
4.48×
TTM Free Cash FlowTrailing 4 quarters
$-16.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGSF
BGSF
MITT
MITT
Q4 25
$1.7M
$59.6M
Q3 25
$-4.8M
$17.4M
Q2 25
$2.2M
$11.5M
Q1 25
$1.1M
$12.0M
Q4 24
$3.2M
$55.8M
Q3 24
$6.5M
$14.5M
Q2 24
$7.3M
$13.7M
Q1 24
$7.4M
$12.0M
Free Cash Flow
BGSF
BGSF
MITT
MITT
Q4 25
$1.7M
Q3 25
$-4.9M
Q2 25
$2.1M
Q1 25
$1.0M
Q4 24
$2.5M
Q3 24
$6.5M
Q2 24
$7.3M
Q1 24
$6.9M
FCF Margin
BGSF
BGSF
MITT
MITT
Q4 25
7.6%
Q3 25
-18.1%
Q2 25
9.1%
Q1 25
5.0%
Q4 24
10.2%
Q3 24
21.7%
Q2 24
28.5%
Q1 24
28.1%
Capex Intensity
BGSF
BGSF
MITT
MITT
Q4 25
0.1%
Q3 25
0.4%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
3.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
2.0%
Cash Conversion
BGSF
BGSF
MITT
MITT
Q4 25
4.48×
Q3 25
0.87×
Q2 25
2.92×
Q1 25
1.05×
Q4 24
3.91×
Q3 24
0.87×
Q2 24
3.50×
Q1 24
0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BGSF
BGSF

Contract Field Talent$21.4M97%
Other$595.0K3%

MITT
MITT

Segment breakdown not available.

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