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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.
Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $697.0K, roughly 6796.3× ZW Data Action Technologies Inc.). Flutter Entertainment plc runs the higher net margin — 0.2% vs -70.9%, a 71.1% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs -69.0%). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs -55.6%).
ZW Data Action Technologies Inc., trading under the symbol CNET, is a China-based technology enterprise focused on delivering integrated digital marketing solutions, big data analysis services, and intelligent operation tools for enterprise clients across sectors including e-commerce, consumer goods, and internet services. Its offerings help clients optimize user acquisition efficiency, boost operational performance, and advance digital transformation, primarily serving the Chinese domestic market and select Asia-Pacific clients.
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.
CNET vs FLUT — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $697.0K | $4.7B |
| Net Profit | $-494.0K | $10.0M |
| Gross Margin | 6.9% | 44.5% |
| Operating Margin | -77.3% | 5.4% |
| Net Margin | -70.9% | 0.2% |
| Revenue YoY | -69.0% | 24.9% |
| Net Profit YoY | 36.7% | -93.6% |
| EPS (diluted) | — | $0.00 |
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.
| Q4 25 | $697.0K | $4.7B | ||
| Q3 25 | $1.7M | $3.8B | ||
| Q2 25 | $548.0K | $4.2B | ||
| Q1 25 | $1.7M | $3.7B | ||
| Q4 24 | $2.2M | $3.8B | ||
| Q3 24 | $3.2M | $3.2B | ||
| Q2 24 | $6.4M | $3.6B | ||
| Q1 24 | $3.5M | $3.4B |
| Q4 25 | $-494.0K | $10.0M | ||
| Q3 25 | $-108.0K | $-789.0M | ||
| Q2 25 | $-637.0K | $37.0M | ||
| Q1 25 | $-531.0K | $335.0M | ||
| Q4 24 | $-781.0K | $156.0M | ||
| Q3 24 | $-1.9M | $-114.0M | ||
| Q2 24 | $-216.0K | $297.0M | ||
| Q1 24 | $-850.0K | $-177.0M |
| Q4 25 | 6.9% | 44.5% | ||
| Q3 25 | 5.7% | 42.9% | ||
| Q2 25 | 8.6% | 46.8% | ||
| Q1 25 | 9.7% | 46.6% | ||
| Q4 24 | -0.4% | 48.2% | ||
| Q3 24 | 1.7% | 46.1% | ||
| Q2 24 | 5.1% | 49.2% | ||
| Q1 24 | 2.0% | 47.2% |
| Q4 25 | -77.3% | 5.4% | ||
| Q3 25 | -8.9% | -22.0% | ||
| Q2 25 | -124.5% | 9.3% | ||
| Q1 25 | -35.0% | 6.1% | ||
| Q4 24 | -24.1% | 7.4% | ||
| Q3 24 | -61.5% | 3.0% | ||
| Q2 24 | -4.7% | 10.2% | ||
| Q1 24 | -26.1% | 3.7% |
| Q4 25 | -70.9% | 0.2% | ||
| Q3 25 | -6.3% | -20.8% | ||
| Q2 25 | -116.2% | 0.9% | ||
| Q1 25 | -32.1% | 9.1% | ||
| Q4 24 | -34.7% | 4.1% | ||
| Q3 24 | -59.1% | -3.5% | ||
| Q2 24 | -3.4% | 8.2% | ||
| Q1 24 | -24.1% | -5.2% |
| Q4 25 | — | $0.00 | ||
| Q3 25 | — | $-3.91 | ||
| Q2 25 | — | $0.59 | ||
| Q1 25 | — | $1.57 | ||
| Q4 24 | — | $0.47 | ||
| Q3 24 | — | $-0.58 | ||
| Q2 24 | — | $1.45 | ||
| Q1 24 | — | $-1.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $970.0K | $1.8B |
| Total DebtLower is stronger | — | $12.3B |
| Stockholders' EquityBook value | $4.3M | $9.0B |
| Total Assets | $9.7M | $29.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $970.0K | $1.8B | ||
| Q3 25 | $1.8M | $1.7B | ||
| Q2 25 | $1.7M | $1.7B | ||
| Q1 25 | $807.0K | $1.5B | ||
| Q4 24 | $812.0K | $1.5B | ||
| Q3 24 | $1.1M | $1.5B | ||
| Q2 24 | $510.0K | $1.5B | ||
| Q1 24 | $467.0K | $1.4B |
| Q4 25 | — | $12.3B | ||
| Q3 25 | — | $12.1B | ||
| Q2 25 | — | $10.0B | ||
| Q1 25 | — | $6.8B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.9B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
| Q4 25 | $4.3M | $9.0B | ||
| Q3 25 | $3.3M | $9.2B | ||
| Q2 25 | $3.5M | $10.2B | ||
| Q1 25 | $3.1M | $9.9B | ||
| Q4 24 | $3.7M | $9.3B | ||
| Q3 24 | $4.8M | $10.2B | ||
| Q2 24 | $5.2M | $9.9B | ||
| Q1 24 | $5.4M | $9.5B |
| Q4 25 | $9.7M | $29.3B | ||
| Q3 25 | $9.7M | $29.3B | ||
| Q2 25 | $9.2M | $29.9B | ||
| Q1 25 | $9.5M | $24.8B | ||
| Q4 24 | $9.7M | $24.5B | ||
| Q3 24 | $11.0M | $25.5B | ||
| Q2 24 | $10.8M | $24.3B | ||
| Q1 24 | $11.4M | $24.4B |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $-148.0K | $428.0M |
| Free Cash FlowOCF − Capex | — | $392.0M |
| FCF MarginFCF / Revenue | — | 8.3% |
| Capex IntensityCapex / Revenue | 0.0% | 0.8% |
| Cash ConversionOCF / Net Profit | — | 42.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-148.0K | $428.0M | ||
| Q3 25 | $-482.0K | $209.0M | ||
| Q2 25 | $685.0K | $359.0M | ||
| Q1 25 | $-984.0K | $188.0M | ||
| Q4 24 | $-830.0K | $652.0M | ||
| Q3 24 | $-198.0K | $290.0M | ||
| Q2 24 | $-677.0K | $323.0M | ||
| Q1 24 | $-353.0K | $337.0M |
| Q4 25 | — | $392.0M | ||
| Q3 25 | — | $196.0M | ||
| Q2 25 | $657.0K | $322.0M | ||
| Q1 25 | $-1.0M | $169.0M | ||
| Q4 24 | — | $595.0M | ||
| Q3 24 | — | $253.0M | ||
| Q2 24 | — | $295.0M | ||
| Q1 24 | — | $315.0M |
| Q4 25 | — | 8.3% | ||
| Q3 25 | — | 5.2% | ||
| Q2 25 | 119.9% | 7.7% | ||
| Q1 25 | -61.8% | 4.6% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | — | 9.3% |
| Q4 25 | 0.0% | 0.8% | ||
| Q3 25 | 0.0% | 0.3% | ||
| Q2 25 | 5.1% | 0.9% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | 0.0% | 1.1% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | 42.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 9.70× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.09× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNET
Segment breakdown not available.
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
