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Side-by-side financial comparison of biote Corp. (BTMD) and HANMI FINANCIAL CORP (HAFC). Click either name above to swap in a different company.

HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $46.4M, roughly 1.5× biote Corp.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 4.2%, a 25.6% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs -6.9%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $6.5M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -0.4%).

biote Corp is a healthcare company specializing in personalized bioidentical hormone replacement therapy solutions for adult men and women. It operates primarily in the U.S. market, offering training programs for licensed healthcare providers, along with complementary wellness supplements and diagnostic services to support patient care outcomes.

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

BTMD vs HAFC — Head-to-Head

Bigger by revenue
HAFC
HAFC
1.5× larger
HAFC
$71.2M
$46.4M
BTMD
Growing faster (revenue YoY)
HAFC
HAFC
+23.9% gap
HAFC
17.1%
-6.9%
BTMD
Higher net margin
HAFC
HAFC
25.6% more per $
HAFC
29.8%
4.2%
BTMD
More free cash flow
HAFC
HAFC
$197.2M more FCF
HAFC
$203.7M
$6.5M
BTMD
Faster 2-yr revenue CAGR
HAFC
HAFC
Annualised
HAFC
10.4%
-0.4%
BTMD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BTMD
BTMD
HAFC
HAFC
Revenue
$46.4M
$71.2M
Net Profit
$2.0M
$21.2M
Gross Margin
Operating Margin
14.7%
29.8%
Net Margin
4.2%
29.8%
Revenue YoY
-6.9%
17.1%
Net Profit YoY
-47.2%
20.0%
EPS (diluted)
$0.05
$0.70

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
BTMD
BTMD
HAFC
HAFC
Q4 25
$46.4M
$71.2M
Q3 25
$48.0M
$71.0M
Q2 25
$48.9M
$65.2M
Q1 25
$49.0M
$62.8M
Q4 24
$49.8M
$60.8M
Q3 24
$51.4M
$58.5M
Q2 24
$49.2M
$56.7M
Q1 24
$46.8M
$58.4M
Net Profit
BTMD
BTMD
HAFC
HAFC
Q4 25
$2.0M
$21.2M
Q3 25
$8.2M
$22.1M
Q2 25
$3.2M
$15.1M
Q1 25
$13.7M
$17.7M
Q4 24
$3.7M
$17.7M
Q3 24
$10.7M
$14.9M
Q2 24
$-7.1M
$14.5M
Q1 24
$-4.2M
$15.2M
Operating Margin
BTMD
BTMD
HAFC
HAFC
Q4 25
14.7%
29.8%
Q3 25
17.2%
31.1%
Q2 25
22.0%
23.2%
Q1 25
19.8%
28.1%
Q4 24
5.6%
29.1%
Q3 24
23.7%
25.5%
Q2 24
12.7%
25.5%
Q1 24
22.3%
26.0%
Net Margin
BTMD
BTMD
HAFC
HAFC
Q4 25
4.2%
29.8%
Q3 25
17.1%
31.1%
Q2 25
6.5%
23.2%
Q1 25
28.0%
28.1%
Q4 24
7.4%
29.1%
Q3 24
20.8%
25.5%
Q2 24
-14.4%
25.5%
Q1 24
-8.9%
26.0%
EPS (diluted)
BTMD
BTMD
HAFC
HAFC
Q4 25
$0.05
$0.70
Q3 25
$0.22
$0.73
Q2 25
$0.10
$0.50
Q1 25
$0.37
$0.58
Q4 24
$0.09
$0.58
Q3 24
$0.33
$0.49
Q2 24
$-0.21
$0.48
Q1 24
$-0.12
$0.50

Balance Sheet & Financial Strength

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

Metric
BTMD
BTMD
HAFC
HAFC
Cash + ST InvestmentsLiquidity on hand
$24.1M
Total DebtLower is stronger
$103.1M
Stockholders' EquityBook value
$-58.5M
$796.4M
Total Assets
$107.6M
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTMD
BTMD
HAFC
HAFC
Q4 25
$24.1M
Q3 25
$28.0M
Q2 25
$19.6M
Q1 25
$41.7M
Q4 24
$39.3M
Q3 24
$38.2M
Q2 24
$26.4M
Q1 24
$78.8M
Total Debt
BTMD
BTMD
HAFC
HAFC
Q4 25
$103.1M
Q3 25
$104.7M
Q2 25
$106.3M
Q1 25
$107.8M
Q4 24
$109.4M
Q3 24
$110.9M
Q2 24
$112.5M
Q1 24
$114.1M
Stockholders' Equity
BTMD
BTMD
HAFC
HAFC
Q4 25
$-58.5M
$796.4M
Q3 25
$-72.8M
$779.5M
Q2 25
$-85.1M
$762.8M
Q1 25
$-90.0M
$751.5M
Q4 24
$-105.9M
$732.2M
Q3 24
$-130.3M
$736.7M
Q2 24
$-143.2M
$707.1M
Q1 24
$-36.0M
$703.1M
Total Assets
BTMD
BTMD
HAFC
HAFC
Q4 25
$107.6M
$7.9B
Q3 25
$111.3M
$7.9B
Q2 25
$104.8M
$7.9B
Q1 25
$123.4M
$7.7B
Q4 24
$122.4M
$7.7B
Q3 24
$101.3M
$7.7B
Q2 24
$92.9M
$7.6B
Q1 24
$160.1M
$7.5B

Cash Flow & Capital Efficiency

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

Metric
BTMD
BTMD
HAFC
HAFC
Operating Cash FlowLast quarter
$7.6M
$206.0M
Free Cash FlowOCF − Capex
$6.5M
$203.7M
FCF MarginFCF / Revenue
14.0%
286.2%
Capex IntensityCapex / Revenue
2.3%
3.2%
Cash ConversionOCF / Net Profit
3.87×
9.70×
TTM Free Cash FlowTrailing 4 quarters
$30.2M
$356.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTMD
BTMD
HAFC
HAFC
Q4 25
$7.6M
$206.0M
Q3 25
$14.1M
$146.9M
Q2 25
$7.1M
$-19.0M
Q1 25
$6.5M
$25.8M
Q4 24
$12.4M
$52.6M
Q3 24
$15.6M
$6.7M
Q2 24
$9.9M
$2.1M
Q1 24
$7.4M
$30.0M
Free Cash Flow
BTMD
BTMD
HAFC
HAFC
Q4 25
$6.5M
$203.7M
Q3 25
$13.6M
$146.4M
Q2 25
$5.3M
$-19.6M
Q1 25
$4.8M
$25.6M
Q4 24
$10.7M
$49.9M
Q3 24
$14.0M
$6.5M
Q2 24
$7.4M
$1.3M
Q1 24
$6.7M
$29.2M
FCF Margin
BTMD
BTMD
HAFC
HAFC
Q4 25
14.0%
286.2%
Q3 25
28.3%
206.3%
Q2 25
10.8%
-30.0%
Q1 25
9.9%
40.7%
Q4 24
21.5%
82.1%
Q3 24
27.3%
11.1%
Q2 24
15.1%
2.3%
Q1 24
14.2%
50.0%
Capex Intensity
BTMD
BTMD
HAFC
HAFC
Q4 25
2.3%
3.2%
Q3 25
1.0%
0.8%
Q2 25
3.7%
0.9%
Q1 25
3.3%
0.4%
Q4 24
3.4%
4.3%
Q3 24
3.0%
0.4%
Q2 24
5.1%
1.4%
Q1 24
1.5%
1.4%
Cash Conversion
BTMD
BTMD
HAFC
HAFC
Q4 25
3.87×
9.70×
Q3 25
1.72×
6.66×
Q2 25
2.22×
-1.26×
Q1 25
0.47×
1.46×
Q4 24
3.34×
2.97×
Q3 24
1.45×
0.45×
Q2 24
0.14×
Q1 24
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTMD
BTMD

Product Revenue$45.3M98%
Disposable Trocars Product Revenue$1.2M3%

HAFC
HAFC

Segment breakdown not available.

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