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Side-by-side financial comparison of biote Corp. (BTMD) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.

Mama's Creations, Inc. is the larger business by last-quarter revenue ($47.3M vs $46.4M, roughly 1.0× biote Corp.). biote Corp. runs the higher net margin — 4.2% vs 1.1%, a 3.1% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs -6.9%). biote Corp. produced more free cash flow last quarter ($6.5M vs $3.7M). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% 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.

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

BTMD vs MAMA — Head-to-Head

Bigger by revenue
MAMA
MAMA
1.0× larger
MAMA
$47.3M
$46.4M
BTMD
Growing faster (revenue YoY)
MAMA
MAMA
+56.8% gap
MAMA
50.0%
-6.9%
BTMD
Higher net margin
BTMD
BTMD
3.1% more per $
BTMD
4.2%
1.1%
MAMA
More free cash flow
BTMD
BTMD
$2.8M more FCF
BTMD
$6.5M
$3.7M
MAMA
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
-0.4%
BTMD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BTMD
BTMD
MAMA
MAMA
Revenue
$46.4M
$47.3M
Net Profit
$2.0M
$540.0K
Gross Margin
23.6%
Operating Margin
14.7%
1.7%
Net Margin
4.2%
1.1%
Revenue YoY
-6.9%
50.0%
Net Profit YoY
-47.2%
31.7%
EPS (diluted)
$0.05
$0.01

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
MAMA
MAMA
Q4 25
$46.4M
$47.3M
Q3 25
$48.0M
$35.2M
Q2 25
$48.9M
$35.3M
Q1 25
$49.0M
$33.6M
Q4 24
$49.8M
$31.5M
Q3 24
$51.4M
$28.4M
Q2 24
$49.2M
$29.8M
Q1 24
$46.8M
$26.7M
Net Profit
BTMD
BTMD
MAMA
MAMA
Q4 25
$2.0M
$540.0K
Q3 25
$8.2M
$1.3M
Q2 25
$3.2M
$1.2M
Q1 25
$13.7M
$1.6M
Q4 24
$3.7M
$410.0K
Q3 24
$10.7M
$1.1M
Q2 24
$-7.1M
$553.0K
Q1 24
$-4.2M
$1.4M
Gross Margin
BTMD
BTMD
MAMA
MAMA
Q4 25
23.6%
Q3 25
24.9%
Q2 25
26.1%
Q1 25
27.0%
Q4 24
22.6%
Q3 24
24.2%
Q2 24
25.0%
Q1 24
29.3%
Operating Margin
BTMD
BTMD
MAMA
MAMA
Q4 25
14.7%
1.7%
Q3 25
17.2%
4.8%
Q2 25
22.0%
4.5%
Q1 25
19.8%
5.7%
Q4 24
5.6%
1.8%
Q3 24
23.7%
5.7%
Q2 24
12.7%
2.6%
Q1 24
22.3%
7.4%
Net Margin
BTMD
BTMD
MAMA
MAMA
Q4 25
4.2%
1.1%
Q3 25
17.1%
3.6%
Q2 25
6.5%
3.5%
Q1 25
28.0%
4.8%
Q4 24
7.4%
1.3%
Q3 24
20.8%
4.0%
Q2 24
-14.4%
1.9%
Q1 24
-8.9%
5.3%
EPS (diluted)
BTMD
BTMD
MAMA
MAMA
Q4 25
$0.05
$0.01
Q3 25
$0.22
$0.03
Q2 25
$0.10
$0.03
Q1 25
$0.37
$0.04
Q4 24
$0.09
$0.01
Q3 24
$0.33
$0.03
Q2 24
$-0.21
$0.01
Q1 24
$-0.12
$0.03

Balance Sheet & Financial Strength

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

Metric
BTMD
BTMD
MAMA
MAMA
Cash + ST InvestmentsLiquidity on hand
$24.1M
$18.1M
Total DebtLower is stronger
$103.1M
Stockholders' EquityBook value
$-58.5M
$49.6M
Total Assets
$107.6M
$84.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTMD
BTMD
MAMA
MAMA
Q4 25
$24.1M
$18.1M
Q3 25
$28.0M
$9.4M
Q2 25
$19.6M
$12.0M
Q1 25
$41.7M
$7.2M
Q4 24
$39.3M
$9.3M
Q3 24
$38.2M
$7.4M
Q2 24
$26.4M
$13.0M
Q1 24
$78.8M
$11.0M
Total Debt
BTMD
BTMD
MAMA
MAMA
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
MAMA
MAMA
Q4 25
$-58.5M
$49.6M
Q3 25
$-72.8M
$29.6M
Q2 25
$-85.1M
$26.4M
Q1 25
$-90.0M
$24.9M
Q4 24
$-105.9M
$23.0M
Q3 24
$-130.3M
$22.3M
Q2 24
$-143.2M
$20.3M
Q1 24
$-36.0M
$19.6M
Total Assets
BTMD
BTMD
MAMA
MAMA
Q4 25
$107.6M
$84.0M
Q3 25
$111.3M
$51.2M
Q2 25
$104.8M
$52.7M
Q1 25
$123.4M
$47.1M
Q4 24
$122.4M
$47.9M
Q3 24
$101.3M
$43.0M
Q2 24
$92.9M
$47.2M
Q1 24
$160.1M
$45.1M

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
MAMA
MAMA
Operating Cash FlowLast quarter
$7.6M
$3.9M
Free Cash FlowOCF − Capex
$6.5M
$3.7M
FCF MarginFCF / Revenue
14.0%
7.8%
Capex IntensityCapex / Revenue
2.3%
0.4%
Cash ConversionOCF / Net Profit
3.87×
7.16×
TTM Free Cash FlowTrailing 4 quarters
$30.2M
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTMD
BTMD
MAMA
MAMA
Q4 25
$7.6M
$3.9M
Q3 25
$14.1M
$-1.7M
Q2 25
$7.1M
$6.0M
Q1 25
$6.5M
$-857.0K
Q4 24
$12.4M
$4.8M
Q3 24
$15.6M
$-2.4M
Q2 24
$9.9M
$3.6M
Q1 24
$7.4M
$6.7M
Free Cash Flow
BTMD
BTMD
MAMA
MAMA
Q4 25
$6.5M
$3.7M
Q3 25
$13.6M
$-2.2M
Q2 25
$5.3M
$5.5M
Q1 25
$4.8M
$-930.0K
Q4 24
$10.7M
$2.5M
Q3 24
$14.0M
$-4.0M
Q2 24
$7.4M
$2.5M
Q1 24
$6.7M
$6.6M
FCF Margin
BTMD
BTMD
MAMA
MAMA
Q4 25
14.0%
7.8%
Q3 25
28.3%
-6.2%
Q2 25
10.8%
15.5%
Q1 25
9.9%
-2.8%
Q4 24
21.5%
8.0%
Q3 24
27.3%
-14.1%
Q2 24
15.1%
8.4%
Q1 24
14.2%
24.8%
Capex Intensity
BTMD
BTMD
MAMA
MAMA
Q4 25
2.3%
0.4%
Q3 25
1.0%
1.5%
Q2 25
3.7%
1.5%
Q1 25
3.3%
0.2%
Q4 24
3.4%
7.2%
Q3 24
3.0%
5.6%
Q2 24
5.1%
3.8%
Q1 24
1.5%
0.4%
Cash Conversion
BTMD
BTMD
MAMA
MAMA
Q4 25
3.87×
7.16×
Q3 25
1.72×
-1.31×
Q2 25
2.22×
4.85×
Q1 25
0.47×
-0.54×
Q4 24
3.34×
11.71×
Q3 24
1.45×
-2.10×
Q2 24
6.58×
Q1 24
4.79×

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%

MAMA
MAMA

Segment breakdown not available.

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