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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and Innovative Eyewear Inc (LUCY). Click either name above to swap in a different company.
ZW Data Action Technologies Inc. is the larger business by last-quarter revenue ($1.7M vs $959.8K, roughly 1.8× Innovative Eyewear Inc). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -194.8%, a 188.6% gap on every dollar of revenue. On growth, Innovative Eyewear Inc posted the faster year-over-year revenue change (39.0% vs -47.0%). Over the past eight quarters, Innovative Eyewear Inc's revenue compounded faster (58.2% CAGR vs -56.8%).
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.
General Eyewear is a London-based eyewear company and brand. The company was founded in the late 1990s by Fraser Laing. Originally under the name Arckiv, it produced its own original eyewear designs and had a particular specialism in vintage eyewear.
CNET vs LUCY — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.7M | $959.8K |
| Net Profit | $-108.0K | $-1.9M |
| Gross Margin | 5.7% | 12.0% |
| Operating Margin | -8.9% | — |
| Net Margin | -6.3% | -194.8% |
| Revenue YoY | -47.0% | 39.0% |
| Net Profit YoY | 94.4% | 12.0% |
| EPS (diluted) | — | $-0.14 |
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 | — | $959.8K | ||
| Q3 25 | $1.7M | $668.1K | ||
| Q2 25 | — | $579.2K | ||
| Q1 25 | $1.7M | $454.5K | ||
| Q4 24 | $2.2M | $690.7K | ||
| Q3 24 | $3.2M | $253.6K | ||
| Q2 24 | $6.4M | $308.7K | ||
| Q1 24 | $3.5M | $383.5K |
| Q4 25 | — | $-1.9M | ||
| Q3 25 | $-108.0K | $-1.8M | ||
| Q2 25 | — | $-2.1M | ||
| Q1 25 | $-531.0K | $-1.8M | ||
| Q4 24 | $-781.0K | $-2.1M | ||
| Q3 24 | $-1.9M | $-1.7M | ||
| Q2 24 | $-216.0K | $-1.9M | ||
| Q1 24 | $-850.0K | $-2.0M |
| Q4 25 | — | 12.0% | ||
| Q3 25 | 5.7% | 36.6% | ||
| Q2 25 | — | -2.2% | ||
| Q1 25 | 9.7% | 48.5% | ||
| Q4 24 | -0.4% | 13.6% | ||
| Q3 24 | 1.7% | 23.4% | ||
| Q2 24 | 5.1% | 17.9% | ||
| Q1 24 | 2.0% | 1.8% |
| Q4 25 | — | — | ||
| Q3 25 | -8.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -35.0% | — | ||
| Q4 24 | -24.1% | — | ||
| Q3 24 | -61.5% | — | ||
| Q2 24 | -4.7% | — | ||
| Q1 24 | -26.1% | — |
| Q4 25 | — | -194.8% | ||
| Q3 25 | -6.3% | -274.8% | ||
| Q2 25 | — | -363.6% | ||
| Q1 25 | -32.1% | -391.4% | ||
| Q4 24 | -34.7% | -307.8% | ||
| Q3 24 | -59.1% | -678.5% | ||
| Q2 24 | -3.4% | -631.2% | ||
| Q1 24 | -24.1% | -514.1% |
| Q4 25 | — | $-0.14 | ||
| Q3 25 | — | $-0.38 | ||
| Q2 25 | — | $-0.66 | ||
| Q1 25 | — | $-0.72 | ||
| Q4 24 | — | $0.26 | ||
| Q3 24 | — | $-0.99 | ||
| Q2 24 | — | $-1.87 | ||
| Q1 24 | — | $-2.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8M | $6.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $9.1M |
| Total Assets | $9.7M | $10.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $6.5M | ||
| Q3 25 | $1.8M | $6.7M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | $807.0K | $5.3M | ||
| Q4 24 | $812.0K | $2.6M | ||
| Q3 24 | $1.1M | $4.5M | ||
| Q2 24 | $510.0K | $5.9M | ||
| Q1 24 | $467.0K | $2.6M |
| Q4 25 | — | $9.1M | ||
| Q3 25 | $3.3M | $10.3M | ||
| Q2 25 | — | $11.3M | ||
| Q1 25 | $3.1M | $7.5M | ||
| Q4 24 | $3.7M | $9.1M | ||
| Q3 24 | $4.8M | $10.9M | ||
| Q2 24 | $5.2M | $7.3M | ||
| Q1 24 | $5.4M | $3.9M |
| Q4 25 | — | $10.1M | ||
| Q3 25 | $9.7M | $11.2M | ||
| Q2 25 | — | $11.9M | ||
| Q1 25 | $9.5M | $7.9M | ||
| Q4 24 | $9.7M | $9.8M | ||
| Q3 24 | $11.0M | $11.6M | ||
| Q2 24 | $10.8M | $7.9M | ||
| Q1 24 | $11.4M | $4.8M |
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 | $-482.0K | $-1.4M |
| Free Cash FlowOCF − Capex | — | $-1.4M |
| FCF MarginFCF / Revenue | — | -142.5% |
| Capex IntensityCapex / Revenue | 0.0% | 1.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.4M | ||
| Q3 25 | $-482.0K | $-1.5M | ||
| Q2 25 | — | $-2.1M | ||
| Q1 25 | $-984.0K | $-2.3M | ||
| Q4 24 | $-830.0K | $-1.9M | ||
| Q3 24 | $-198.0K | $-1.4M | ||
| Q2 24 | $-677.0K | $-1.9M | ||
| Q1 24 | $-353.0K | $-1.5M |
| Q4 25 | — | $-1.4M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | $-1.0M | $-2.4M | ||
| Q4 24 | — | $-2.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-1.9M | ||
| Q1 24 | — | $-1.5M |
| Q4 25 | — | -142.5% | ||
| Q3 25 | — | -226.3% | ||
| Q2 25 | — | — | ||
| Q1 25 | -61.8% | -517.4% | ||
| Q4 24 | — | -285.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -626.1% | ||
| Q1 24 | — | -391.1% |
| Q4 25 | — | 1.8% | ||
| Q3 25 | 0.0% | 2.2% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | 2.2% | 8.9% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | 0.0% | 0.0% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 8.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNET
| Online Advertising Placement | $1.6M | 95% |
| Other | $83.0K | 5% |
LUCY
Segment breakdown not available.