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Side-by-side financial comparison of Commerce.com, Inc. (CMRC) and Resolute Holdings Management, Inc. (RHLD). Click either name above to swap in a different company.

Resolute Holdings Management, Inc. is the larger business by last-quarter revenue ($117.7M vs $89.5M, roughly 1.3× Commerce.com, Inc.). Resolute Holdings Management, Inc. runs the higher net margin — -1.5% vs -9.3%, a 7.9% gap on every dollar of revenue. Resolute Holdings Management, Inc. produced more free cash flow last quarter ($189.2M vs $-2.2M).

SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.

Resolute Mining Limited is an Australian mining corporation focused on mining operations in Africa. It is currently operating two gold mines: the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal.

CMRC vs RHLD — Head-to-Head

Bigger by revenue
RHLD
RHLD
1.3× larger
RHLD
$117.7M
$89.5M
CMRC
Higher net margin
RHLD
RHLD
7.9% more per $
RHLD
-1.5%
-9.3%
CMRC
More free cash flow
RHLD
RHLD
$191.4M more FCF
RHLD
$189.2M
$-2.2M
CMRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CMRC
CMRC
RHLD
RHLD
Revenue
$89.5M
$117.7M
Net Profit
$-8.4M
$-1.7M
Gross Margin
78.3%
55.7%
Operating Margin
-7.4%
30.2%
Net Margin
-9.3%
-1.5%
Revenue YoY
2.9%
Net Profit YoY
-250.0%
EPS (diluted)
$-0.11
$-0.20

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
CMRC
CMRC
RHLD
RHLD
Q4 25
$89.5M
$117.7M
Q3 25
$86.0M
$120.9M
Q2 25
$84.4M
$119.6M
Q1 25
$82.4M
$103.9M
Q4 24
$87.0M
Q3 24
$83.7M
Q2 24
$81.8M
Q1 24
$80.4M
Net Profit
CMRC
CMRC
RHLD
RHLD
Q4 25
$-8.4M
$-1.7M
Q3 25
$-2.2M
$-231.0K
Q2 25
$-8.4M
$-611.0K
Q1 25
$-353.0K
$-3.4M
Q4 24
$-2.4M
Q3 24
$-7.0M
Q2 24
$-11.3M
Q1 24
$-6.4M
Gross Margin
CMRC
CMRC
RHLD
RHLD
Q4 25
78.3%
55.7%
Q3 25
78.4%
59.0%
Q2 25
79.0%
57.5%
Q1 25
79.4%
52.5%
Q4 24
77.6%
Q3 24
76.3%
Q2 24
75.8%
Q1 24
77.1%
Operating Margin
CMRC
CMRC
RHLD
RHLD
Q4 25
-7.4%
30.2%
Q3 25
-0.5%
34.3%
Q2 25
-8.0%
34.0%
Q1 25
-2.9%
24.7%
Q4 24
-0.9%
Q3 24
-23.0%
Q2 24
-16.5%
Q1 24
-10.2%
Net Margin
CMRC
CMRC
RHLD
RHLD
Q4 25
-9.3%
-1.5%
Q3 25
-2.6%
-0.2%
Q2 25
-9.9%
-0.5%
Q1 25
-0.4%
-3.2%
Q4 24
-2.7%
Q3 24
-8.4%
Q2 24
-13.8%
Q1 24
-8.0%
EPS (diluted)
CMRC
CMRC
RHLD
RHLD
Q4 25
$-0.11
$-0.20
Q3 25
$-0.03
$-0.03
Q2 25
$-0.10
$-0.07
Q1 25
$0.00
$-0.39
Q4 24
$-0.03
Q3 24
$-0.09
Q2 24
$-0.15
Q1 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
CMRC
CMRC
RHLD
RHLD
Cash + ST InvestmentsLiquidity on hand
$141.1M
$205.5M
Total DebtLower is stronger
$157.0M
$169.8M
Stockholders' EquityBook value
$39.4M
$6.5M
Total Assets
$308.8M
$333.4M
Debt / EquityLower = less leverage
3.99×
26.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMRC
CMRC
RHLD
RHLD
Q4 25
$141.1M
$205.5M
Q3 25
$142.0M
$148.0M
Q2 25
$134.5M
$99.9M
Q1 25
$120.7M
$71.0M
Q4 24
$178.2M
Q3 24
$168.4M
Q2 24
$275.8M
Q1 24
$265.2M
Total Debt
CMRC
CMRC
RHLD
RHLD
Q4 25
$157.0M
$169.8M
Q3 25
$157.3M
$173.4M
Q2 25
$157.5M
$177.1M
Q1 25
$157.8M
$180.7M
Q4 24
$216.5M
Q3 24
Q2 24
$340.9M
Q1 24
$340.5M
Stockholders' Equity
CMRC
CMRC
RHLD
RHLD
Q4 25
$39.4M
$6.5M
Q3 25
$42.8M
$10.8M
Q2 25
$38.8M
$9.6M
Q1 25
$38.1M
$8.9M
Q4 24
$33.4M
Q3 24
$29.0M
Q2 24
$26.1M
Q1 24
$26.9M
Total Assets
CMRC
CMRC
RHLD
RHLD
Q4 25
$308.8M
$333.4M
Q3 25
$309.5M
$293.2M
Q2 25
$302.5M
$253.3M
Q1 25
$286.3M
$214.3M
Q4 24
$340.3M
Q3 24
$335.1M
Q2 24
$452.5M
Q1 24
$442.5M
Debt / Equity
CMRC
CMRC
RHLD
RHLD
Q4 25
3.99×
26.03×
Q3 25
3.67×
16.01×
Q2 25
4.06×
18.42×
Q1 25
4.14×
20.38×
Q4 24
6.49×
Q3 24
Q2 24
13.06×
Q1 24
12.65×

Cash Flow & Capital Efficiency

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

Metric
CMRC
CMRC
RHLD
RHLD
Operating Cash FlowLast quarter
$980.0K
$196.1M
Free Cash FlowOCF − Capex
$-2.2M
$189.2M
FCF MarginFCF / Revenue
-2.4%
160.8%
Capex IntensityCapex / Revenue
3.5%
5.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$16.9M
$313.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMRC
CMRC
RHLD
RHLD
Q4 25
$980.0K
$196.1M
Q3 25
$10.6M
$59.6M
Q2 25
$13.6M
$48.9M
Q1 25
$401.0K
$18.4M
Q4 24
$12.4M
Q3 24
$5.6M
Q2 24
$11.7M
Q1 24
$-3.4M
Free Cash Flow
CMRC
CMRC
RHLD
RHLD
Q4 25
$-2.2M
$189.2M
Q3 25
$7.6M
$58.6M
Q2 25
$11.9M
$47.5M
Q1 25
$-424.0K
$17.8M
Q4 24
$11.6M
Q3 24
$4.5M
Q2 24
$10.7M
Q1 24
$-4.2M
FCF Margin
CMRC
CMRC
RHLD
RHLD
Q4 25
-2.4%
160.8%
Q3 25
8.8%
48.5%
Q2 25
14.1%
39.7%
Q1 25
-0.5%
17.1%
Q4 24
13.3%
Q3 24
5.4%
Q2 24
13.0%
Q1 24
-5.3%
Capex Intensity
CMRC
CMRC
RHLD
RHLD
Q4 25
3.5%
5.8%
Q3 25
3.4%
0.8%
Q2 25
2.0%
1.2%
Q1 25
1.0%
0.6%
Q4 24
0.9%
Q3 24
1.3%
Q2 24
1.3%
Q1 24
1.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMRC
CMRC

Subscription And Circulation$65.2M73%
Partner And Services$24.4M27%

RHLD
RHLD

Segment breakdown not available.

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