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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and Ellington Financial Inc. (EFC). Click either name above to swap in a different company.

Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $40.3M, roughly 1.9× Cambium Networks Corp). Ellington Financial Inc. runs the higher net margin — 28.9% vs -17.9%, a 46.8% gap on every dollar of revenue. On growth, Ellington Financial Inc. posted the faster year-over-year revenue change (8.7% vs -23.2%). Over the past eight quarters, Ellington Financial Inc.'s revenue compounded faster (1.8% CAGR vs -27.2%).

Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.

Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.

CMBM vs EFC — Head-to-Head

Bigger by revenue
EFC
EFC
1.9× larger
EFC
$78.2M
$40.3M
CMBM
Growing faster (revenue YoY)
EFC
EFC
+31.9% gap
EFC
8.7%
-23.2%
CMBM
Higher net margin
EFC
EFC
46.8% more per $
EFC
28.9%
-17.9%
CMBM
Faster 2-yr revenue CAGR
EFC
EFC
Annualised
EFC
1.8%
-27.2%
CMBM

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBM
CMBM
EFC
EFC
Revenue
$40.3M
$78.2M
Net Profit
$-7.2M
$22.6M
Gross Margin
36.6%
Operating Margin
-28.4%
7.4%
Net Margin
-17.9%
28.9%
Revenue YoY
-23.2%
8.7%
Net Profit YoY
71.0%
-26.2%
EPS (diluted)
$-0.26
$0.10

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
CMBM
CMBM
EFC
EFC
Q4 25
$78.2M
Q3 25
$82.8M
Q2 25
$92.5M
Q1 25
$82.9M
Q4 24
$40.3M
$72.0M
Q3 24
$44.7M
$67.0M
Q2 24
$45.2M
$91.2M
Q1 24
$47.1M
$75.5M
Net Profit
CMBM
CMBM
EFC
EFC
Q4 25
$22.6M
Q3 25
$29.5M
Q2 25
$42.9M
Q1 25
$31.6M
Q4 24
$-7.2M
$30.7M
Q3 24
$-34.5M
$16.2M
Q2 24
$-14.2M
$52.3M
Q1 24
$-18.4M
$26.9M
Gross Margin
CMBM
CMBM
EFC
EFC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
36.6%
Q3 24
43.6%
Q2 24
32.5%
Q1 24
29.8%
Operating Margin
CMBM
CMBM
EFC
EFC
Q4 25
7.4%
Q3 25
31.1%
Q2 25
38.3%
Q1 25
37.3%
Q4 24
-28.4%
28.0%
Q3 24
-69.6%
24.0%
Q2 24
-27.2%
52.8%
Q1 24
-33.1%
42.2%
Net Margin
CMBM
CMBM
EFC
EFC
Q4 25
28.9%
Q3 25
35.7%
Q2 25
46.4%
Q1 25
38.2%
Q4 24
-17.9%
42.6%
Q3 24
-77.3%
24.1%
Q2 24
-31.5%
57.4%
Q1 24
-39.2%
35.6%
EPS (diluted)
CMBM
CMBM
EFC
EFC
Q4 25
$0.10
Q3 25
$0.29
Q2 25
$0.45
Q1 25
$0.35
Q4 24
$-0.26
$0.23
Q3 24
$-1.22
$0.19
Q2 24
$-0.51
$0.62
Q1 24
$-0.66
$0.32

Balance Sheet & Financial Strength

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

Metric
CMBM
CMBM
EFC
EFC
Cash + ST InvestmentsLiquidity on hand
$201.9M
Total DebtLower is stronger
$67.6M
Stockholders' EquityBook value
$-3.2M
$1.8B
Total Assets
$173.7M
$19.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBM
CMBM
EFC
EFC
Q4 25
$201.9M
Q3 25
$184.8M
Q2 25
$211.0M
Q1 25
$203.3M
Q4 24
$192.4M
Q3 24
$217.7M
Q2 24
$198.5M
Q1 24
$187.5M
Total Debt
CMBM
CMBM
EFC
EFC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$67.6M
Q3 24
$67.6M
Q2 24
$68.9M
Q1 24
$63.8M
Stockholders' Equity
CMBM
CMBM
EFC
EFC
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$-3.2M
$1.6B
Q3 24
$1.9M
$1.6B
Q2 24
$34.1M
$1.6B
Q1 24
$45.0M
$1.5B
Total Assets
CMBM
CMBM
EFC
EFC
Q4 25
$19.4B
Q3 25
$17.8B
Q2 25
$17.1B
Q1 25
$16.6B
Q4 24
$173.7M
$16.3B
Q3 24
$194.3M
$16.0B
Q2 24
$221.1M
$15.1B
Q1 24
$219.8M
$15.1B
Debt / Equity
CMBM
CMBM
EFC
EFC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
36.12×
Q2 24
2.02×
Q1 24
1.42×

Cash Flow & Capital Efficiency

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

Metric
CMBM
CMBM
EFC
EFC
Operating Cash FlowLast quarter
$-10.4M
$-925.5M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
1.1%
0.0%
Cash ConversionOCF / Net Profit
-40.92×
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBM
CMBM
EFC
EFC
Q4 25
$-925.5M
Q3 25
$-290.4M
Q2 25
$-210.5M
Q1 25
$-126.4M
Q4 24
$-10.4M
$-430.5M
Q3 24
$8.9M
$-141.7M
Q2 24
$2.4M
$-88.6M
Q1 24
$-15.9M
$-59.5M
Free Cash Flow
CMBM
CMBM
EFC
EFC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-10.8M
Q3 24
$6.8M
Q2 24
$87.0K
Q1 24
$-17.4M
FCF Margin
CMBM
CMBM
EFC
EFC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-26.8%
Q3 24
15.2%
Q2 24
0.2%
Q1 24
-37.0%
Capex Intensity
CMBM
CMBM
EFC
EFC
Q4 25
0.0%
Q3 25
Q2 25
Q1 25
Q4 24
1.1%
0.0%
Q3 24
4.8%
0.0%
Q2 24
5.1%
0.0%
Q1 24
3.3%
0.0%
Cash Conversion
CMBM
CMBM
EFC
EFC
Q4 25
-40.92×
Q3 25
-9.84×
Q2 25
-4.90×
Q1 25
-3.99×
Q4 24
-14.04×
Q3 24
-8.76×
Q2 24
-1.69×
Q1 24
-2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBM
CMBM

Enterprise$16.6M41%
Point To Multi Point$16.4M41%
Other$5.8M14%

EFC
EFC

Segment breakdown not available.

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