vs
Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and EMERSON RADIO CORP (MSN). Click either name above to swap in a different company.
EMERSON RADIO CORP is the larger business by last-quarter revenue ($1.9M vs $1.7M, roughly 1.1× ZW Data Action Technologies Inc.). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -36.7%, a 30.4% gap on every dollar of revenue. On growth, ZW Data Action Technologies Inc. posted the faster year-over-year revenue change (-47.0% vs -52.8%). Over the past eight quarters, EMERSON RADIO CORP's revenue compounded faster (-7.3% 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.
Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.
CNET vs MSN — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $1.9M |
| Net Profit | $-108.0K | $-694.0K |
| Gross Margin | 5.7% | 10.9% |
| Operating Margin | -8.9% | -43.7% |
| Net Margin | -6.3% | -36.7% |
| Revenue YoY | -47.0% | -52.8% |
| Net Profit YoY | 94.4% | -31.7% |
| EPS (diluted) | — | $-0.03 |
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 | — | $1.9M | ||
| Q3 25 | $1.7M | $1.2M | ||
| Q2 25 | — | $1.7M | ||
| Q1 25 | $1.7M | $1.8M | ||
| Q4 24 | $2.2M | $4.0M | ||
| Q3 24 | $3.2M | $2.7M | ||
| Q2 24 | $6.4M | $2.2M | ||
| Q1 24 | $3.5M | $2.2M |
| Q4 25 | — | $-694.0K | ||
| Q3 25 | $-108.0K | $-1.0M | ||
| Q2 25 | — | $-1.1M | ||
| Q1 25 | $-531.0K | $-2.4M | ||
| Q4 24 | $-781.0K | $-527.0K | ||
| Q3 24 | $-1.9M | $-881.0K | ||
| Q2 24 | $-216.0K | $-962.0K | ||
| Q1 24 | $-850.0K | $-883.0K |
| Q4 25 | — | 10.9% | ||
| Q3 25 | 5.7% | -0.1% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | 9.7% | -3.0% | ||
| Q4 24 | -0.4% | 12.3% | ||
| Q3 24 | 1.7% | 9.9% | ||
| Q2 24 | 5.1% | 8.8% | ||
| Q1 24 | 2.0% | 15.9% |
| Q4 25 | — | -43.7% | ||
| Q3 25 | -8.9% | -98.4% | ||
| Q2 25 | — | -78.1% | ||
| Q1 25 | -35.0% | -137.8% | ||
| Q4 24 | -24.1% | -18.3% | ||
| Q3 24 | -61.5% | -40.8% | ||
| Q2 24 | -4.7% | -55.6% | ||
| Q1 24 | -26.1% | -52.2% |
| Q4 25 | — | -36.7% | ||
| Q3 25 | -6.3% | -85.8% | ||
| Q2 25 | — | -68.1% | ||
| Q1 25 | -32.1% | -127.9% | ||
| Q4 24 | -34.7% | -13.2% | ||
| Q3 24 | -59.1% | -32.2% | ||
| Q2 24 | -3.4% | -43.8% | ||
| Q1 24 | -24.1% | -40.1% |
| Q4 25 | — | $-0.03 | ||
| Q3 25 | — | $-0.05 | ||
| Q2 25 | — | $-0.05 | ||
| Q1 25 | — | $-0.10 | ||
| Q4 24 | — | $-0.03 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $-0.05 | ||
| Q1 24 | — | $-0.04 |
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 | $13.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $18.6M |
| Total Assets | $9.7M | $20.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $13.3M | ||
| Q3 25 | $1.8M | $13.5M | ||
| Q2 25 | — | $15.5M | ||
| Q1 25 | $807.0K | $16.1M | ||
| Q4 24 | $812.0K | $16.4M | ||
| Q3 24 | $1.1M | $16.7M | ||
| Q2 24 | $510.0K | $18.9M | ||
| Q1 24 | $467.0K | $19.9M |
| Q4 25 | — | $18.6M | ||
| Q3 25 | $3.3M | $19.3M | ||
| Q2 25 | — | $20.4M | ||
| Q1 25 | $3.1M | $21.5M | ||
| Q4 24 | $3.7M | $23.9M | ||
| Q3 24 | $4.8M | $24.4M | ||
| Q2 24 | $5.2M | $25.3M | ||
| Q1 24 | $5.4M | $26.2M |
| Q4 25 | — | $20.1M | ||
| Q3 25 | $9.7M | $20.7M | ||
| Q2 25 | — | $23.3M | ||
| Q1 25 | $9.5M | $23.5M | ||
| Q4 24 | $9.7M | $26.4M | ||
| Q3 24 | $11.0M | $26.6M | ||
| Q2 24 | $10.8M | $28.5M | ||
| Q1 24 | $11.4M | $29.1M |
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 | $-228.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-228.0K | ||
| Q3 25 | $-482.0K | $-2.0M | ||
| Q2 25 | — | $-514.0K | ||
| Q1 25 | $-984.0K | $-391.0K | ||
| Q4 24 | $-830.0K | $-293.0K | ||
| Q3 24 | $-198.0K | $-2.1M | ||
| Q2 24 | $-677.0K | $-840.0K | ||
| Q1 24 | $-353.0K | $-2.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-1.0M | — | ||
| Q4 24 | — | $-301.0K | ||
| Q3 24 | — | $-2.1M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | — | $-2.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -61.8% | — | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | -77.8% | ||
| Q2 24 | — | -46.4% | ||
| Q1 24 | — | -102.3% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | 0.0% | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | 2.2% | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 0.0% | 0.3% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | — | 0.5% |
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% |
MSN
| Products | $1.8M | 95% |
| Other | $87.0K | 5% |
