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

SNDL Inc. is the larger business by last-quarter revenue ($77.5M vs $40.3M, roughly 1.9× Cambium Networks Corp).

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.

SNDL Inc. is a Canada-based consumer goods company focused primarily on the cannabis sector, offering a range of recreational and medical cannabis products, alongside craft beer, wine and spirit offerings. It operates across cultivation, product development, distribution and retail segments, serving both wholesale and retail customers mainly in the North American market.

CMBM vs SNDL — Head-to-Head

Bigger by revenue
SNDL
SNDL
1.9× larger
SNDL
$77.5M
$40.3M
CMBM

Income Statement — Q4 FY2024 vs Q1 FY2025

Metric
CMBM
CMBM
SNDL
SNDL
Revenue
$40.3M
$77.5M
Net Profit
$-7.2M
Gross Margin
36.6%
25.3%
Operating Margin
-28.4%
6.7%
Net Margin
-17.9%
Revenue YoY
-23.2%
Net Profit YoY
71.0%
EPS (diluted)
$-0.26

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
SNDL
SNDL
Q1 25
$77.5M
Q4 24
$40.3M
Q3 24
$44.7M
Q2 24
$45.2M
Q1 24
$47.1M
$116.1M
Q4 23
$52.5M
Q3 23
$44.6M
Q2 23
$53.7M
Net Profit
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$-7.2M
Q3 24
$-34.5M
Q2 24
$-14.2M
Q1 24
$-18.4M
Q4 23
$-24.9M
Q3 23
$-36.4M
Q2 23
$-13.4M
Gross Margin
CMBM
CMBM
SNDL
SNDL
Q1 25
25.3%
Q4 24
36.6%
Q3 24
43.6%
Q2 24
32.5%
Q1 24
29.8%
24.8%
Q4 23
15.2%
Q3 23
26.7%
Q2 23
39.0%
Operating Margin
CMBM
CMBM
SNDL
SNDL
Q1 25
6.7%
Q4 24
-28.4%
Q3 24
-69.6%
Q2 24
-27.2%
Q1 24
-33.1%
1.9%
Q4 23
-44.5%
Q3 23
-46.2%
Q2 23
-20.9%
Net Margin
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
-17.9%
Q3 24
-77.3%
Q2 24
-31.5%
Q1 24
-39.2%
Q4 23
-47.5%
Q3 23
-81.5%
Q2 23
-25.0%
EPS (diluted)
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$-0.26
Q3 24
$-1.22
Q2 24
$-0.51
Q1 24
$-0.66
Q4 23
$-0.90
Q3 23
$-1.32
Q2 23
$-0.49

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Total Debt
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$67.6M
Q3 24
$67.6M
Q2 24
$68.9M
Q1 24
$63.8M
Q4 23
$25.1M
Q3 23
$25.8M
Q2 23
$26.4M
Stockholders' Equity
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$-3.2M
Q3 24
$1.9M
Q2 24
$34.1M
Q1 24
$45.0M
Q4 23
$61.1M
Q3 23
$82.5M
Q2 23
$116.5M
Total Assets
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$173.7M
Q3 24
$194.3M
Q2 24
$221.1M
Q1 24
$219.8M
Q4 23
$209.1M
Q3 23
$222.4M
Q2 23
$275.7M
Debt / Equity
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
Q3 24
36.12×
Q2 24
2.02×
Q1 24
1.42×
Q4 23
0.41×
Q3 23
0.31×
Q2 23
0.23×

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
SNDL
SNDL
Operating Cash FlowLast quarter
$-10.4M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$-10.4M
Q3 24
$8.9M
Q2 24
$2.4M
Q1 24
$-15.9M
Q4 23
$-5.8M
Q3 23
$-345.0K
Q2 23
$-4.5M
Free Cash Flow
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
$-10.8M
Q3 24
$6.8M
Q2 24
$87.0K
Q1 24
$-17.4M
Q4 23
$-7.4M
Q3 23
$-1.5M
Q2 23
$-5.2M
FCF Margin
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
-26.8%
Q3 24
15.2%
Q2 24
0.2%
Q1 24
-37.0%
Q4 23
-14.0%
Q3 23
-3.3%
Q2 23
-9.7%
Capex Intensity
CMBM
CMBM
SNDL
SNDL
Q1 25
Q4 24
1.1%
Q3 24
4.8%
Q2 24
5.1%
Q1 24
3.3%
Q4 23
3.1%
Q3 23
2.5%
Q2 23
1.2%

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%

SNDL
SNDL

Segment breakdown not available.

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