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Side-by-side financial comparison of Bon Natural Life Ltd (BON) and Finward Bancorp (FNWD). Click either name above to swap in a different company.

Finward Bancorp is the larger business by last-quarter revenue ($16.5M vs $10.2M, roughly 1.6× Bon Natural Life Ltd). Finward Bancorp runs the higher net margin — 12.0% vs -0.4%, a 12.4% gap on every dollar of revenue.

ABP OPCO, LLC, doing business as Au Bon Pain, is an American fast casual restaurant, bakery, and café chain headquartered in Richardson, Texas, which as of 2025 operated 34 locations in the United States as well as several outlets in Thailand. The company is owned by the Yum! Brands franchisee management company AMPEX Brands.

Finward Bancorp is a U.S.-headquartered regional bank holding company. It offers a full range of retail and commercial banking products and services, including deposit accounts, personal and mortgage loans, small business financing, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises in its local operating regions.

BON vs FNWD — Head-to-Head

Bigger by revenue
FNWD
FNWD
1.6× larger
FNWD
$16.5M
$10.2M
BON
Higher net margin
FNWD
FNWD
12.4% more per $
FNWD
12.0%
-0.4%
BON

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BON
BON
FNWD
FNWD
Revenue
$10.2M
$16.5M
Net Profit
$-41.8K
$2.0M
Gross Margin
29.1%
Operating Margin
0.8%
11.0%
Net Margin
-0.4%
12.0%
Revenue YoY
1.1%
Net Profit YoY
-5.6%
EPS (diluted)
$0.46

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
BON
BON
FNWD
FNWD
Q4 25
$16.5M
Q3 25
$17.4M
Q2 25
$16.6M
Q1 25
$10.2M
$15.5M
Q4 24
$16.3M
Q3 24
$23.8M
$14.9M
Q2 24
$14.6M
Q1 24
$14.1M
$25.3M
Net Profit
BON
BON
FNWD
FNWD
Q4 25
$2.0M
Q3 25
$3.5M
Q2 25
$2.2M
Q1 25
$-41.8K
$455.0K
Q4 24
$2.1M
Q3 24
$398.2K
$606.0K
Q2 24
$143.0K
Q1 24
$9.3M
Gross Margin
BON
BON
FNWD
FNWD
Q4 25
Q3 25
Q2 25
Q1 25
29.1%
Q4 24
Q3 24
29.8%
Q2 24
Q1 24
33.3%
Operating Margin
BON
BON
FNWD
FNWD
Q4 25
11.0%
Q3 25
20.5%
Q2 25
12.7%
Q1 25
0.8%
4.0%
Q4 24
16.3%
Q3 24
7.9%
2.7%
Q2 24
0.9%
Q1 24
21.1%
40.6%
Net Margin
BON
BON
FNWD
FNWD
Q4 25
12.0%
Q3 25
20.1%
Q2 25
12.9%
Q1 25
-0.4%
2.9%
Q4 24
12.9%
Q3 24
1.7%
4.1%
Q2 24
1.0%
Q1 24
36.7%
EPS (diluted)
BON
BON
FNWD
FNWD
Q4 25
$0.46
Q3 25
$0.81
Q2 25
$0.50
Q1 25
$0.11
Q4 24
$0.50
Q3 24
$4.14
$0.14
Q2 24
$0.03
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
BON
BON
FNWD
FNWD
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$44.3M
$174.7M
Total Assets
$61.8M
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BON
BON
FNWD
FNWD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$80.5K
Q2 24
Q1 24
Total Debt
BON
BON
FNWD
FNWD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.4M
Q2 24
Q1 24
Stockholders' Equity
BON
BON
FNWD
FNWD
Q4 25
$174.7M
Q3 25
$165.5M
Q2 25
$154.3M
Q1 25
$44.3M
$151.8M
Q4 24
$151.4M
Q3 24
$43.9M
$159.6M
Q2 24
$148.6M
Q1 24
$36.0M
$151.6M
Total Assets
BON
BON
FNWD
FNWD
Q4 25
$2.0B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$61.8M
$2.0B
Q4 24
$2.1B
Q3 24
$61.8M
$2.1B
Q2 24
$2.1B
Q1 24
$46.6M
$2.1B
Debt / Equity
BON
BON
FNWD
FNWD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.03×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
BON
BON
FNWD
FNWD
Operating Cash FlowLast quarter
$-1.9M
$9.9M
Free Cash FlowOCF − Capex
$9.0M
FCF MarginFCF / Revenue
54.8%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
4.99×
TTM Free Cash FlowTrailing 4 quarters
$10.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BON
BON
FNWD
FNWD
Q4 25
$9.9M
Q3 25
$1.2M
Q2 25
$4.8M
Q1 25
$-1.9M
$-3.8M
Q4 24
$9.8M
Q3 24
$-7.7M
$-3.7M
Q2 24
$2.8M
Q1 24
$-2.2M
$-25.0K
Free Cash Flow
BON
BON
FNWD
FNWD
Q4 25
$9.0M
Q3 25
$1.0M
Q2 25
$4.5M
Q1 25
$-4.0M
Q4 24
$6.7M
Q3 24
$-7.7M
$-4.2M
Q2 24
$1.1M
Q1 24
$-2.2M
$-736.0K
FCF Margin
BON
BON
FNWD
FNWD
Q4 25
54.8%
Q3 25
6.0%
Q2 25
27.0%
Q1 25
-25.7%
Q4 24
41.2%
Q3 24
-32.4%
-28.5%
Q2 24
7.6%
Q1 24
-15.5%
-2.9%
Capex Intensity
BON
BON
FNWD
FNWD
Q4 25
5.2%
Q3 25
0.9%
Q2 25
1.7%
Q1 25
1.2%
Q4 24
18.8%
Q3 24
0.0%
3.4%
Q2 24
11.2%
Q1 24
0.1%
2.8%
Cash Conversion
BON
BON
FNWD
FNWD
Q4 25
4.99×
Q3 25
0.34×
Q2 25
2.22×
Q1 25
-8.37×
Q4 24
4.66×
Q3 24
-19.40×
-6.15×
Q2 24
19.23×
Q1 24
-0.00×

Financial Flow Comparison

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

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