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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and Newton Golf Company, Inc. (NWTG). Click either name above to swap in a different company.
Newton Golf Company, Inc. is the larger business by last-quarter revenue ($2.3M vs $1.7M, roughly 1.3× ZW Data Action Technologies Inc.). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -105.3%, a 99.0% gap on every dollar of revenue. On growth, Newton Golf Company, Inc. posted the faster year-over-year revenue change (112.4% vs -47.0%). Over the past eight quarters, Newton Golf Company, Inc.'s revenue compounded faster (155.0% 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.
Bridgestone Golf, Inc. is a sports equipment company based in Covington, Georgia, United States. The company is a subsidiary of Bridgestone. It designs and manufactures a full range of golf equipment including balls, clubs, and accessories utilizing both the Bridgestone and Precept brand names.
CNET vs NWTG — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $2.3M |
| Net Profit | $-108.0K | $-2.4M |
| Gross Margin | 5.7% | 25.0% |
| Operating Margin | -8.9% | -112.8% |
| Net Margin | -6.3% | -105.3% |
| Revenue YoY | -47.0% | 112.4% |
| Net Profit YoY | 94.4% | 71.3% |
| EPS (diluted) | — | $-0.40 |
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 | — | $2.3M | ||
| Q3 25 | $1.7M | $2.6M | ||
| Q2 25 | — | $2.1M | ||
| Q1 25 | $1.7M | $1.2M | ||
| Q4 24 | $2.2M | $1.1M | ||
| Q3 24 | $3.2M | $1.2M | ||
| Q2 24 | $6.4M | $813.0K | ||
| Q1 24 | $3.5M | $350.0K |
| Q4 25 | — | $-2.4M | ||
| Q3 25 | $-108.0K | $-1.6M | ||
| Q2 25 | — | $-1.5M | ||
| Q1 25 | $-531.0K | $-525.0K | ||
| Q4 24 | $-781.0K | $-8.3M | ||
| Q3 24 | $-1.9M | $-1.1M | ||
| Q2 24 | $-216.0K | $-1.2M | ||
| Q1 24 | $-850.0K | $-1.2M |
| Q4 25 | — | 25.0% | ||
| Q3 25 | 5.7% | 67.2% | ||
| Q2 25 | — | 67.6% | ||
| Q1 25 | 9.7% | 70.4% | ||
| Q4 24 | -0.4% | 72.3% | ||
| Q3 24 | 1.7% | 66.5% | ||
| Q2 24 | 5.1% | 60.1% | ||
| Q1 24 | 2.0% | 58.9% |
| Q4 25 | — | -112.8% | ||
| Q3 25 | -8.9% | -58.2% | ||
| Q2 25 | — | -72.9% | ||
| Q1 25 | -35.0% | -162.9% | ||
| Q4 24 | -24.1% | -133.6% | ||
| Q3 24 | -61.5% | -90.0% | ||
| Q2 24 | -4.7% | -147.8% | ||
| Q1 24 | -26.1% | -358.6% |
| Q4 25 | — | -105.3% | ||
| Q3 25 | -6.3% | -61.2% | ||
| Q2 25 | — | -73.5% | ||
| Q1 25 | -32.1% | -43.4% | ||
| Q4 24 | -34.7% | -779.1% | ||
| Q3 24 | -59.1% | -87.5% | ||
| Q2 24 | -3.4% | -142.1% | ||
| Q1 24 | -24.1% | -340.9% |
| Q4 25 | — | $-0.40 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | — | $-0.34 | ||
| Q1 25 | — | $-0.55 | ||
| Q4 24 | — | $-131.23 | ||
| Q3 24 | — | $-21.79 | ||
| Q2 24 | — | $-0.79 | ||
| Q1 24 | — | $-24.52 |
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 | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $926.0K |
| Total Assets | $9.7M | $3.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3M | ||
| Q3 25 | $1.8M | $2.5M | ||
| Q2 25 | — | $4.0M | ||
| Q1 25 | $807.0K | $5.9M | ||
| Q4 24 | $812.0K | $7.7M | ||
| Q3 24 | $1.1M | $1.3M | ||
| Q2 24 | $510.0K | $2.8M | ||
| Q1 24 | $467.0K | $4.1M |
| Q4 25 | — | $926.0K | ||
| Q3 25 | $3.3M | $3.1M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | $3.1M | $6.2M | ||
| Q4 24 | $3.7M | $-5.2M | ||
| Q3 24 | $4.8M | $2.6M | ||
| Q2 24 | $5.2M | $3.6M | ||
| Q1 24 | $5.4M | $4.7M |
| Q4 25 | — | $3.3M | ||
| Q3 25 | $9.7M | $5.3M | ||
| Q2 25 | — | $6.5M | ||
| Q1 25 | $9.5M | $8.2M | ||
| Q4 24 | $9.7M | $9.8M | ||
| Q3 24 | $11.0M | $3.4M | ||
| Q2 24 | $10.8M | $4.2M | ||
| Q1 24 | $11.4M | $5.3M |
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 | $-1.1M |
| Free Cash FlowOCF − Capex | — | $-1.1M |
| FCF MarginFCF / Revenue | — | -50.5% |
| Capex IntensityCapex / Revenue | 0.0% | 3.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-5.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $-482.0K | $-1.3M | ||
| Q2 25 | — | $-1.2M | ||
| Q1 25 | $-984.0K | $-1.6M | ||
| Q4 24 | $-830.0K | $-1.5M | ||
| Q3 24 | $-198.0K | $-1.1M | ||
| Q2 24 | $-677.0K | $-1.2M | ||
| Q1 24 | $-353.0K | $-1.2M |
| Q4 25 | — | $-1.1M | ||
| Q3 25 | — | $-1.4M | ||
| Q2 25 | — | $-1.4M | ||
| Q1 25 | $-1.0M | $-1.7M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $-1.4M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | -50.5% | ||
| Q3 25 | — | -54.9% | ||
| Q2 25 | — | -66.4% | ||
| Q1 25 | -61.8% | -140.1% | ||
| Q4 24 | — | -143.5% | ||
| Q3 24 | — | -112.7% | ||
| Q2 24 | — | -159.3% | ||
| Q1 24 | — | -352.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | 0.0% | 3.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | 2.2% | 10.8% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | 0.0% | 22.7% | ||
| Q2 24 | — | 12.9% | ||
| Q1 24 | — | 23.7% |
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% |
NWTG
| Online Sales | $2.1M | 93% |
| Other | $151.0K | 7% |
