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Side-by-side financial comparison of CMB.TECH NV (CMBT) and Dave & Buster's Entertainment, Inc. (PLAY). Click either name above to swap in a different company.

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $448.2M, roughly 1.3× Dave & Buster's Entertainment, Inc.). CMB.TECH NV runs the higher net margin — 32.3% vs -9.4%, a 41.7% gap on every dollar of revenue. On growth, Dave & Buster's Entertainment, Inc. posted the faster year-over-year revenue change (-1.1% vs -34.6%).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

Dave & Buster's Entertainment, Inc. is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's location has a full-service restaurant, full bar, and a video arcade, the latter of which is known as the "Million Dollar Midway". As of February 2024, the company has 158 locations in the United States, as well as two in Puerto Rico and two in Canada.

CMBT vs PLAY — Head-to-Head

Bigger by revenue
CMBT
CMBT
1.3× larger
CMBT
$592.8M
$448.2M
PLAY
Growing faster (revenue YoY)
PLAY
PLAY
+33.5% gap
PLAY
-1.1%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
41.7% more per $
CMBT
32.3%
-9.4%
PLAY

Income Statement — Q4 FY2024 vs Q3 FY2026

Metric
CMBT
CMBT
PLAY
PLAY
Revenue
$592.8M
$448.2M
Net Profit
$191.2M
$-42.1M
Gross Margin
85.8%
Operating Margin
46.4%
-3.6%
Net Margin
32.3%
-9.4%
Revenue YoY
-34.6%
-1.1%
Net Profit YoY
-63.3%
-28.7%
EPS (diluted)
$1.01
$-1.22

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
CMBT
CMBT
PLAY
PLAY
Q4 25
$448.2M
Q3 25
$557.4M
Q2 25
$567.7M
Q1 25
$534.5M
Q4 24
$592.8M
$453.0M
Q3 24
$557.1M
Q2 24
$588.1M
Q1 24
$599.0M
Net Profit
CMBT
CMBT
PLAY
PLAY
Q4 25
$-42.1M
Q3 25
$11.4M
Q2 25
$21.7M
Q1 25
$9.3M
Q4 24
$191.2M
$-32.7M
Q3 24
$40.3M
Q2 24
$41.4M
Q1 24
$36.1M
Gross Margin
CMBT
CMBT
PLAY
PLAY
Q4 25
85.8%
Q3 25
86.3%
Q2 25
85.5%
Q1 25
85.5%
Q4 24
85.0%
Q3 24
85.3%
Q2 24
85.2%
Q1 24
84.1%
Operating Margin
CMBT
CMBT
PLAY
PLAY
Q4 25
-3.6%
Q3 25
9.5%
Q2 25
11.1%
Q1 25
8.3%
Q4 24
46.4%
1.4%
Q3 24
15.2%
Q2 24
14.5%
Q1 24
14.9%
Net Margin
CMBT
CMBT
PLAY
PLAY
Q4 25
-9.4%
Q3 25
2.0%
Q2 25
3.8%
Q1 25
1.7%
Q4 24
32.3%
-7.2%
Q3 24
7.2%
Q2 24
7.0%
Q1 24
6.0%
EPS (diluted)
CMBT
CMBT
PLAY
PLAY
Q4 25
$-1.22
Q3 25
$0.32
Q2 25
$0.62
Q1 25
$0.32
Q4 24
$1.01
$-0.84
Q3 24
$0.99
Q2 24
$0.99
Q1 24
$0.95

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
PLAY
PLAY
Cash + ST InvestmentsLiquidity on hand
$38.9M
$13.6M
Total DebtLower is stronger
$2.6B
$1.6B
Stockholders' EquityBook value
$1.2B
$130.8M
Total Assets
$3.9B
$4.1B
Debt / EquityLower = less leverage
2.20×
12.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
PLAY
PLAY
Q4 25
$13.6M
Q3 25
$12.0M
Q2 25
$11.9M
Q1 25
$6.9M
Q4 24
$38.9M
$8.6M
Q3 24
$13.1M
Q2 24
$32.1M
Q1 24
$37.3M
Total Debt
CMBT
CMBT
PLAY
PLAY
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$2.6B
$1.5B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.3B
Stockholders' Equity
CMBT
CMBT
PLAY
PLAY
Q4 25
$130.8M
Q3 25
$166.2M
Q2 25
$146.8M
Q1 25
$145.8M
Q4 24
$1.2B
$226.6M
Q3 24
$284.4M
Q2 24
$292.5M
Q1 24
$251.2M
Total Assets
CMBT
CMBT
PLAY
PLAY
Q4 25
$4.1B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.0B
Q4 24
$3.9B
$3.9B
Q3 24
$3.8B
Q2 24
$3.8B
Q1 24
$3.8B
Debt / Equity
CMBT
CMBT
PLAY
PLAY
Q4 25
12.17×
Q3 25
9.57×
Q2 25
10.98×
Q1 25
10.45×
Q4 24
2.20×
6.58×
Q3 24
4.72×
Q2 24
4.58×
Q1 24
5.33×

Cash Flow & Capital Efficiency

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

Metric
CMBT
CMBT
PLAY
PLAY
Operating Cash FlowLast quarter
$204.4M
$58.0M
Free Cash FlowOCF − Capex
$-20.6M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
17.5%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters
$-195.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
PLAY
PLAY
Q4 25
$58.0M
Q3 25
$34.0M
Q2 25
$95.8M
Q1 25
$108.9M
Q4 24
$204.4M
$-7.2M
Q3 24
$101.8M
Q2 24
$108.8M
Q1 24
$97.2M
Free Cash Flow
CMBT
CMBT
PLAY
PLAY
Q4 25
$-20.6M
Q3 25
$-55.2M
Q2 25
$-58.8M
Q1 25
$-61.0M
Q4 24
$-138.4M
Q3 24
$-14.3M
Q2 24
$-4.2M
Q1 24
$-25.4M
FCF Margin
CMBT
CMBT
PLAY
PLAY
Q4 25
-4.6%
Q3 25
-9.9%
Q2 25
-10.4%
Q1 25
-11.4%
Q4 24
-30.6%
Q3 24
-2.6%
Q2 24
-0.7%
Q1 24
-4.2%
Capex Intensity
CMBT
CMBT
PLAY
PLAY
Q4 25
17.5%
Q3 25
16.0%
Q2 25
27.2%
Q1 25
31.8%
Q4 24
29.0%
Q3 24
20.8%
Q2 24
19.2%
Q1 24
20.5%
Cash Conversion
CMBT
CMBT
PLAY
PLAY
Q4 25
Q3 25
2.98×
Q2 25
4.41×
Q1 25
11.71×
Q4 24
1.07×
Q3 24
2.53×
Q2 24
2.63×
Q1 24
2.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

PLAY
PLAY

Game Play Credit Usage$273.1M61%
Food And Nonalcoholic Beverages$115.1M26%
Alcoholic Beverage$53.7M12%
Other Entertainment$6.3M1%
Gift Card Revenue$3.5M1%

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