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Side-by-side financial comparison of Canaan Inc. (CAN) and Omega Flex, Inc. (OFLX). Click either name above to swap in a different company.

Omega Flex, Inc. is the larger business by last-quarter revenue ($25.2M vs $20.8M, roughly 1.2× Canaan Inc.). Omega Flex, Inc. runs the higher net margin — 13.5% vs -18.4%, a 32.0% gap on every dollar of revenue.

Canaan Inc., doing business as Canaan Creative and known simply as Canaan, is a Singapore-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin mining.

Smart Omega Esports, formerly known as PLDT–Smart Omega, is a Philippine franchise-based professional esports team which competes in The Nationals, the top esports league in the Philippines sanctioned by the eSports National Association of the Philippines, and MPL Philippines. It was formed as a result of a partnership between esports team Sterling Global Dragons and corporate firms, PLDT Inc. and its mobile arm, Smart Communications.

CAN vs OFLX — Head-to-Head

Bigger by revenue
OFLX
OFLX
1.2× larger
OFLX
$25.2M
$20.8M
CAN
Higher net margin
OFLX
OFLX
32.0% more per $
OFLX
13.5%
-18.4%
CAN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CAN
CAN
OFLX
OFLX
Revenue
$20.8M
$25.2M
Net Profit
$-3.8M
$3.4M
Gross Margin
99.9%
59.2%
Operating Margin
-15.9%
15.8%
Net Margin
-18.4%
13.5%
Revenue YoY
-6.5%
Net Profit YoY
-27.1%
EPS (diluted)
$-0.05
$0.34

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
CAN
CAN
OFLX
OFLX
Q4 25
$20.8M
$25.2M
Q3 25
$13.8M
$24.2M
Q2 25
$11.4M
$25.5M
Q1 25
$23.3M
Q4 24
$27.0M
Q3 24
$10.2M
$24.9M
Q2 24
$4.8M
$24.6M
Q1 24
$25.2M
Net Profit
CAN
CAN
OFLX
OFLX
Q4 25
$-3.8M
$3.4M
Q3 25
$-1.5M
$3.7M
Q2 25
$-11.9M
$4.2M
Q1 25
$3.6M
Q4 24
$4.7M
Q3 24
$-10.4M
$4.6M
Q2 24
$-5.4M
$4.5M
Q1 24
$4.2M
Gross Margin
CAN
CAN
OFLX
OFLX
Q4 25
99.9%
59.2%
Q3 25
99.9%
60.2%
Q2 25
99.9%
60.4%
Q1 25
60.3%
Q4 24
61.5%
Q3 24
99.9%
61.7%
Q2 24
99.8%
61.8%
Q1 24
59.9%
Operating Margin
CAN
CAN
OFLX
OFLX
Q4 25
-15.9%
15.8%
Q3 25
-27.0%
17.3%
Q2 25
-45.5%
18.5%
Q1 25
17.4%
Q4 24
21.4%
Q3 24
-77.2%
22.0%
Q2 24
-193.9%
21.5%
Q1 24
20.1%
Net Margin
CAN
CAN
OFLX
OFLX
Q4 25
-18.4%
13.5%
Q3 25
-11.0%
15.2%
Q2 25
-104.4%
16.3%
Q1 25
15.3%
Q4 24
17.4%
Q3 24
-102.7%
18.6%
Q2 24
-112.3%
18.3%
Q1 24
16.7%
EPS (diluted)
CAN
CAN
OFLX
OFLX
Q4 25
$-0.05
$0.34
Q3 25
$-0.02
$0.37
Q2 25
$-0.25
$0.41
Q1 25
$0.35
Q4 24
$0.45
Q3 24
$0.46
Q2 24
$0.45
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
OFLX
OFLX
Cash + ST InvestmentsLiquidity on hand
$53.2M
Total DebtLower is stronger
$6.2M
Stockholders' EquityBook value
$52.4M
$84.2M
Total Assets
$92.5M
$105.0M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
OFLX
OFLX
Q4 25
$53.2M
Q3 25
$49.4M
Q2 25
$50.7M
Q1 25
$49.2M
Q4 24
$51.7M
Q3 24
$45.9M
Q2 24
$45.7M
Q1 24
$45.3M
Total Debt
CAN
CAN
OFLX
OFLX
Q4 25
$6.2M
Q3 25
$6.2M
Q2 25
$6.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CAN
CAN
OFLX
OFLX
Q4 25
$52.4M
$84.2M
Q3 25
$44.7M
$84.2M
Q2 25
$33.8M
$84.0M
Q1 25
$83.3M
Q4 24
$83.1M
Q3 24
$43.6M
$82.0M
Q2 24
$56.8M
$80.6M
Q1 24
$79.6M
Total Assets
CAN
CAN
OFLX
OFLX
Q4 25
$92.5M
$105.0M
Q3 25
$81.7M
$103.8M
Q2 25
$78.0M
$102.8M
Q1 25
$102.8M
Q4 24
$105.9M
Q3 24
$69.3M
$102.9M
Q2 24
$73.7M
$99.6M
Q1 24
$99.2M
Debt / Equity
CAN
CAN
OFLX
OFLX
Q4 25
0.12×
Q3 25
0.14×
Q2 25
0.18×
Q1 25
Q4 24
Q3 24
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
CAN
CAN
OFLX
OFLX
Operating Cash FlowLast quarter
$7.5M
Free Cash FlowOCF − Capex
$7.3M
FCF MarginFCF / Revenue
28.9%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
2.20×
TTM Free Cash FlowTrailing 4 quarters
$15.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
OFLX
OFLX
Q4 25
$7.5M
Q3 25
$2.7M
Q2 25
$5.5M
Q1 25
$1.6M
Q4 24
$9.8M
Q3 24
$4.0M
Q2 24
$4.4M
Q1 24
$2.7M
Free Cash Flow
CAN
CAN
OFLX
OFLX
Q4 25
$7.3M
Q3 25
$2.0M
Q2 25
$5.0M
Q1 25
$1.0M
Q4 24
$9.2M
Q3 24
$3.6M
Q2 24
$3.8M
Q1 24
$2.2M
FCF Margin
CAN
CAN
OFLX
OFLX
Q4 25
28.9%
Q3 25
8.4%
Q2 25
19.6%
Q1 25
4.3%
Q4 24
34.1%
Q3 24
14.7%
Q2 24
15.3%
Q1 24
8.9%
Capex Intensity
CAN
CAN
OFLX
OFLX
Q4 25
0.8%
Q3 25
2.5%
Q2 25
1.7%
Q1 25
2.4%
Q4 24
2.1%
Q3 24
1.4%
Q2 24
2.6%
Q1 24
1.8%
Cash Conversion
CAN
CAN
OFLX
OFLX
Q4 25
2.20×
Q3 25
0.72×
Q2 25
1.31×
Q1 25
0.44×
Q4 24
2.08×
Q3 24
0.86×
Q2 24
0.98×
Q1 24
0.64×

Financial Flow Comparison

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

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