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Side-by-side financial comparison of Caledonia Mining Corp Plc (CMCL) and indie Semiconductor, Inc. (INDI). Click either name above to swap in a different company.
indie Semiconductor, Inc. is the larger business by last-quarter revenue ($55.5M vs $46.9M, roughly 1.2× Caledonia Mining Corp Plc). On growth, Caledonia Mining Corp Plc posted the faster year-over-year revenue change (13.8% vs 2.6%). Over the past eight quarters, Caledonia Mining Corp Plc's revenue compounded faster (17.1% CAGR vs 2.9%).
Hochschild Mining plc is a leading British-based silver and gold mining business operating in North, Central, and South America. It is headquartered in Lima, Peru, with a corporate office in London, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The main shareholder is the Peruvian businessman Eduardo Hochschild.
indie Semiconductor is a fabless semiconductor manufacturer focused on designing high-performance mixed-signal and embedded system-on-chip solutions for the automotive industry. Its products support advanced driver assistance systems, in-vehicle infotainment, connected car, and electric vehicle applications, serving global auto OEMs and tier 1 suppliers across major global markets.
CMCL vs INDI — Head-to-Head
Income Statement — Q3 FY2024 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $46.9M | $55.5M |
| Net Profit | $3.3M | — |
| Gross Margin | 41.2% | 38.0% |
| Operating Margin | 18.6% | -70.1% |
| Net Margin | 7.0% | — |
| Revenue YoY | 13.8% | 2.6% |
| Net Profit YoY | -33.3% | — |
| EPS (diluted) | $0.13 | — |
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.
| Q1 26 | — | $55.5M | ||
| Q4 25 | — | $58.0M | ||
| Q3 25 | — | $53.7M | ||
| Q2 25 | — | $51.6M | ||
| Q1 25 | — | $54.1M | ||
| Q4 24 | — | $58.0M | ||
| Q3 24 | $46.9M | $54.0M | ||
| Q2 24 | $50.1M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-31.2M | ||
| Q3 25 | — | $-38.3M | ||
| Q2 25 | — | $-39.0M | ||
| Q1 25 | — | $-34.5M | ||
| Q4 24 | — | $-34.4M | ||
| Q3 24 | $3.3M | $-49.7M | ||
| Q2 24 | $10.2M | $-19.2M |
| Q1 26 | — | 38.0% | ||
| Q4 25 | — | 37.3% | ||
| Q3 25 | — | 40.1% | ||
| Q2 25 | — | 40.6% | ||
| Q1 25 | — | 41.7% | ||
| Q4 24 | — | 42.6% | ||
| Q3 24 | 41.2% | 39.3% | ||
| Q2 24 | 45.8% | 42.2% |
| Q1 26 | — | -70.1% | ||
| Q4 25 | — | -58.5% | ||
| Q3 25 | — | -71.4% | ||
| Q2 25 | — | -83.3% | ||
| Q1 25 | — | -72.0% | ||
| Q4 24 | — | -58.4% | ||
| Q3 24 | 18.6% | -92.5% | ||
| Q2 24 | 32.2% | -70.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | -53.8% | ||
| Q3 25 | — | -71.3% | ||
| Q2 25 | — | -75.6% | ||
| Q1 25 | — | -63.9% | ||
| Q4 24 | — | -59.2% | ||
| Q3 24 | 7.0% | -92.1% | ||
| Q2 24 | 20.3% | -36.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.16 | ||
| Q3 25 | — | $-0.19 | ||
| Q2 25 | — | $-0.20 | ||
| Q1 25 | — | $-0.18 | ||
| Q4 24 | — | $-0.18 | ||
| Q3 24 | $0.13 | $-0.28 | ||
| Q2 24 | $0.42 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.2M | $174.4M |
| Total DebtLower is stronger | — | $402.8M |
| Stockholders' EquityBook value | $231.0M | $348.9M |
| Total Assets | $339.7M | $869.6M |
| Debt / EquityLower = less leverage | — | 1.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $174.4M | ||
| Q4 25 | — | $145.5M | ||
| Q3 25 | — | $160.9M | ||
| Q2 25 | — | $192.6M | ||
| Q1 25 | — | $236.6M | ||
| Q4 24 | — | $274.2M | ||
| Q3 24 | $7.2M | $96.9M | ||
| Q2 24 | $15.4M | $112.3M |
| Q1 26 | — | $402.8M | ||
| Q4 25 | — | $353.4M | ||
| Q3 25 | — | $353.5M | ||
| Q2 25 | — | $352.5M | ||
| Q1 25 | — | $379.0M | ||
| Q4 24 | — | $381.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $348.9M | ||
| Q4 25 | — | $358.0M | ||
| Q3 25 | — | $369.2M | ||
| Q2 25 | — | $390.4M | ||
| Q1 25 | — | $405.6M | ||
| Q4 24 | — | $417.9M | ||
| Q3 24 | $231.0M | $458.6M | ||
| Q2 24 | $231.1M | $470.7M |
| Q1 26 | — | $869.6M | ||
| Q4 25 | — | $840.8M | ||
| Q3 25 | — | $855.1M | ||
| Q2 25 | — | $867.6M | ||
| Q1 25 | — | $909.0M | ||
| Q4 24 | — | $941.4M | ||
| Q3 24 | $339.7M | $797.5M | ||
| Q2 24 | $338.5M | $797.3M |
| Q1 26 | — | 1.15× | ||
| Q4 25 | — | 0.99× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.6M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $-14.4M | ||
| Q3 25 | — | $-6.2M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | — | $-29.0M | ||
| Q4 24 | — | $-6.7M | ||
| Q3 24 | $4.6M | $-22.8M | ||
| Q2 24 | $19.1M | $-19.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-16.1M | ||
| Q3 25 | — | $-10.3M | ||
| Q2 25 | — | $-13.6M | ||
| Q1 25 | — | $-31.4M | ||
| Q4 24 | — | $-8.6M | ||
| Q3 24 | — | $-29.3M | ||
| Q2 24 | — | $-23.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | -27.8% | ||
| Q3 25 | — | -19.2% | ||
| Q2 25 | — | -26.4% | ||
| Q1 25 | — | -58.0% | ||
| Q4 24 | — | -14.8% | ||
| Q3 24 | — | -54.3% | ||
| Q2 24 | — | -44.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 11.6% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 12.1% | ||
| Q2 24 | — | 7.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 1.87× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMCL
Segment breakdown not available.
INDI
| Product revenue | $51.6M | 93% |
| Contract revenue | $3.9M | 7% |
