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Side-by-side financial comparison of Cenntro Inc. (CENN) and Digimarc CORP (DMRC). Click either name above to swap in a different company.

Digimarc CORP is the larger business by last-quarter revenue ($8.9M vs $5.0M, roughly 1.8× Cenntro Inc.). Digimarc CORP runs the higher net margin — -47.2% vs -1022.8%, a 975.6% gap on every dollar of revenue. On growth, Cenntro Inc. posted the faster year-over-year revenue change (972.9% vs 2.9%). Over the past eight quarters, Digimarc CORP's revenue compounded faster (-5.3% CAGR vs -17.7%).

Cenntro Inc. is a global electric vehicle technology manufacturer specializing in light and medium-duty commercial electric vehicles and associated smart mobility solutions. It serves logistics, urban delivery, public service, and corporate fleet markets across North America, Europe, and Asia, focusing on affordable, sustainable last-mile transport options.

Digimarc Corporation is a provider of enterprise software and services. The company's software, which includes digital identifiers, is designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability. Digimarc products are created for multiple industries such as apparel, consumer packaged goods, health and beauty, and automotive.

CENN vs DMRC — Head-to-Head

Bigger by revenue
DMRC
DMRC
1.8× larger
DMRC
$8.9M
$5.0M
CENN
Growing faster (revenue YoY)
CENN
CENN
+970.0% gap
CENN
972.9%
2.9%
DMRC
Higher net margin
DMRC
DMRC
975.6% more per $
DMRC
-47.2%
-1022.8%
CENN
Faster 2-yr revenue CAGR
DMRC
DMRC
Annualised
DMRC
-5.3%
-17.7%
CENN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CENN
CENN
DMRC
DMRC
Revenue
$5.0M
$8.9M
Net Profit
$-50.7M
$-4.2M
Gross Margin
-54.9%
63.5%
Operating Margin
-229.9%
-48.2%
Net Margin
-1022.8%
-47.2%
Revenue YoY
972.9%
2.9%
Net Profit YoY
-189.4%
51.4%
EPS (diluted)
$-86.61
$-0.18

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
CENN
CENN
DMRC
DMRC
Q4 25
$5.0M
$8.9M
Q3 25
$4.6M
$7.6M
Q2 25
$2.1M
$8.0M
Q1 25
$6.4M
$9.4M
Q4 24
$-568.2K
$8.7M
Q3 24
$16.2M
$9.4M
Q2 24
$8.3M
$10.4M
Q1 24
$7.3M
$9.9M
Net Profit
CENN
CENN
DMRC
DMRC
Q4 25
$-50.7M
$-4.2M
Q3 25
$-6.7M
$-8.2M
Q2 25
$-5.7M
$-8.2M
Q1 25
$-9.9M
$-11.7M
Q4 24
$-17.5M
$-8.6M
Q3 24
$-9.0M
$-10.8M
Q2 24
$-9.2M
$-9.3M
Q1 24
$-9.2M
$-10.3M
Gross Margin
CENN
CENN
DMRC
DMRC
Q4 25
-54.9%
63.5%
Q3 25
2.3%
58.3%
Q2 25
15.0%
58.8%
Q1 25
-0.3%
65.0%
Q4 24
262.5%
60.8%
Q3 24
38.8%
62.4%
Q2 24
14.7%
66.1%
Q1 24
21.6%
62.5%
Operating Margin
CENN
CENN
DMRC
DMRC
Q4 25
-229.9%
-48.2%
Q3 25
-150.4%
-109.7%
Q2 25
-288.1%
-105.2%
Q1 25
-126.4%
-128.9%
Q4 24
1644.3%
-105.1%
Q3 24
-40.4%
-120.4%
Q2 24
-106.0%
-96.2%
Q1 24
-97.3%
-109.2%
Net Margin
CENN
CENN
DMRC
DMRC
Q4 25
-1022.8%
-47.2%
Q3 25
-146.7%
-106.9%
Q2 25
-263.8%
-102.6%
Q1 25
-154.4%
-125.2%
Q4 24
3084.9%
-99.9%
Q3 24
-55.3%
-113.9%
Q2 24
-110.4%
-89.3%
Q1 24
-125.5%
-104.0%
EPS (diluted)
CENN
CENN
DMRC
DMRC
Q4 25
$-86.61
$-0.18
Q3 25
$-0.14
$-0.38
Q2 25
$-0.19
$-0.38
Q1 25
$-0.27
$-0.55
Q4 24
$-86.39
$-0.40
Q3 24
$-0.29
$-0.50
Q2 24
$-0.30
$-0.43
Q1 24
$-0.30
$-0.50

Balance Sheet & Financial Strength

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

Metric
CENN
CENN
DMRC
DMRC
Cash + ST InvestmentsLiquidity on hand
$4.5M
$12.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$40.3M
$40.2M
Total Assets
$74.4M
$53.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CENN
CENN
DMRC
DMRC
Q4 25
$4.5M
$12.9M
Q3 25
$4.4M
$12.6M
Q2 25
$6.0M
$16.1M
Q1 25
$8.5M
$21.6M
Q4 24
$12.6M
$28.7M
Q3 24
$22.4M
$33.7M
Q2 24
$20.2M
$41.5M
Q1 24
$24.3M
$48.9M
Stockholders' Equity
CENN
CENN
DMRC
DMRC
Q4 25
$40.3M
$40.2M
Q3 25
$76.0M
$41.4M
Q2 25
$79.6M
$46.5M
Q1 25
$73.3M
$50.0M
Q4 24
$77.8M
$61.4M
Q3 24
$96.7M
$70.2M
Q2 24
$103.8M
$77.2M
Q1 24
$112.5M
$84.5M
Total Assets
CENN
CENN
DMRC
DMRC
Q4 25
$74.4M
$53.0M
Q3 25
$112.7M
$55.4M
Q2 25
$124.4M
$60.7M
Q1 25
$129.3M
$66.5M
Q4 24
$132.6M
$75.8M
Q3 24
$159.8M
$85.0M
Q2 24
$167.8M
$93.4M
Q1 24
$173.0M
$99.7M

Cash Flow & Capital Efficiency

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

Metric
CENN
CENN
DMRC
DMRC
Operating Cash FlowLast quarter
$-1.8M
$991.0K
Free Cash FlowOCF − Capex
$895.0K
FCF MarginFCF / Revenue
10.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CENN
CENN
DMRC
DMRC
Q4 25
$-1.8M
$991.0K
Q3 25
$-1.4M
$-2.6M
Q2 25
$-4.4M
$-4.7M
Q1 25
$-5.0M
$-5.5M
Q4 24
$-8.5M
$-4.2M
Q3 24
$-201.6K
$-7.1M
Q2 24
$-3.8M
$-6.8M
Q1 24
$-8.9M
$-8.4M
Free Cash Flow
CENN
CENN
DMRC
DMRC
Q4 25
$895.0K
Q3 25
$-1.5M
$-2.8M
Q2 25
$-4.5M
$-4.9M
Q1 25
$-5.5M
$-5.5M
Q4 24
$-8.6M
$-4.2M
Q3 24
$-258.9K
$-7.2M
Q2 24
$-4.2M
$-6.9M
Q1 24
$-9.2M
$-8.5M
FCF Margin
CENN
CENN
DMRC
DMRC
Q4 25
10.0%
Q3 25
-33.2%
-36.9%
Q2 25
-211.2%
-61.0%
Q1 25
-85.4%
-59.1%
Q4 24
1509.3%
-49.1%
Q3 24
-1.6%
-75.7%
Q2 24
-50.3%
-66.1%
Q1 24
-125.7%
-85.8%
Capex Intensity
CENN
CENN
DMRC
DMRC
Q4 25
1.1%
Q3 25
2.1%
2.9%
Q2 25
5.6%
2.5%
Q1 25
8.1%
0.6%
Q4 24
-22.1%
0.2%
Q3 24
0.4%
0.7%
Q2 24
4.0%
0.3%
Q1 24
4.5%
1.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

CENN
CENN

Segment breakdown not available.

DMRC
DMRC

Subscription$5.3M60%
The Government$3.6M41%

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