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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and NEXGEL, INC. (NXGL). Click either name above to swap in a different company.
NEXGEL, INC. is the larger business by last-quarter revenue ($2.8M vs $1.7M, roughly 1.6× ZW Data Action Technologies Inc.). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -34.7%, a 28.4% gap on every dollar of revenue. On growth, NEXGEL, INC. posted the faster year-over-year revenue change (-8.1% vs -47.0%). Over the past eight quarters, NEXGEL, INC.'s revenue compounded faster (48.6% 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.
NEXGEL, INC. is a specialty consumer healthcare and medical technology firm that develops, manufactures and distributes ultra-gentle, irritation-free hydrogel products. Its offerings span over-the-counter skincare remedies, wound care solutions, and topical drug delivery platforms, serving consumer, clinical and pharmaceutical partner segments primarily across North America, with growing global distribution channels.
CNET vs NXGL — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $2.8M |
| Net Profit | $-108.0K | $-970.0K |
| Gross Margin | 5.7% | 29.3% |
| Operating Margin | -8.9% | -43.4% |
| Net Margin | -6.3% | -34.7% |
| Revenue YoY | -47.0% | -8.1% |
| Net Profit YoY | 94.4% | -14.1% |
| EPS (diluted) | — | $-0.12 |
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 | — | $2.8M | ||
| Q3 25 | $1.7M | $2.9M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | $1.7M | $2.8M | ||
| Q4 24 | $2.2M | $3.0M | ||
| Q3 24 | $3.2M | $2.9M | ||
| Q2 24 | $6.4M | $1.4M | ||
| Q1 24 | $3.5M | $1.3M |
| Q4 25 | — | $-970.0K | ||
| Q3 25 | $-108.0K | $-653.0K | ||
| Q2 25 | — | $-665.0K | ||
| Q1 25 | $-531.0K | $-712.0K | ||
| Q4 24 | $-781.0K | $-850.0K | ||
| Q3 24 | $-1.9M | $-693.0K | ||
| Q2 24 | $-216.0K | $-885.0K | ||
| Q1 24 | $-850.0K | $-853.0K |
| Q4 25 | — | 29.3% | ||
| Q3 25 | 5.7% | 42.4% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | 9.7% | 42.3% | ||
| Q4 24 | -0.4% | 37.5% | ||
| Q3 24 | 1.7% | 39.3% | ||
| Q2 24 | 5.1% | 20.3% | ||
| Q1 24 | 2.0% | 12.6% |
| Q4 25 | — | -43.4% | ||
| Q3 25 | -8.9% | -24.7% | ||
| Q2 25 | — | -22.1% | ||
| Q1 25 | -35.0% | -27.7% | ||
| Q4 24 | -24.1% | -27.6% | ||
| Q3 24 | -61.5% | -26.8% | ||
| Q2 24 | -4.7% | -73.2% | ||
| Q1 24 | -26.1% | -68.8% |
| Q4 25 | — | -34.7% | ||
| Q3 25 | -6.3% | -22.3% | ||
| Q2 25 | — | -23.1% | ||
| Q1 25 | -32.1% | -25.4% | ||
| Q4 24 | -34.7% | -27.9% | ||
| Q3 24 | -59.1% | -23.6% | ||
| Q2 24 | -3.4% | -61.5% | ||
| Q1 24 | -24.1% | -67.4% |
| Q4 25 | — | $-0.12 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-0.09 | ||
| Q1 25 | — | $-0.09 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | — | $-0.11 | ||
| Q2 24 | — | $-0.14 | ||
| Q1 24 | — | $-0.14 |
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 | — |
| Total DebtLower is stronger | — | $588.0K |
| Stockholders' EquityBook value | $3.3M | $4.5M |
| Total Assets | $9.7M | $10.5M |
| Debt / EquityLower = less leverage | — | 0.13× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $1.8M | $938.0K | ||
| Q2 25 | — | — | ||
| Q1 25 | $807.0K | — | ||
| Q4 24 | $812.0K | $1.8M | ||
| Q3 24 | $1.1M | $1.1M | ||
| Q2 24 | $510.0K | — | ||
| Q1 24 | $467.0K | — |
| Q4 25 | — | $588.0K | ||
| Q3 25 | — | $614.0K | ||
| Q2 25 | — | $638.0K | ||
| Q1 25 | — | $662.0K | ||
| Q4 24 | — | $685.0K | ||
| Q3 24 | — | $709.0K | ||
| Q2 24 | — | $732.0K | ||
| Q1 24 | — | $750.0K |
| Q4 25 | — | $4.5M | ||
| Q3 25 | $3.3M | $5.2M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | $3.1M | $5.2M | ||
| Q4 24 | $3.7M | $5.8M | ||
| Q3 24 | $4.8M | $4.7M | ||
| Q2 24 | $5.2M | $4.2M | ||
| Q1 24 | $5.4M | $4.8M |
| Q4 25 | — | $10.5M | ||
| Q3 25 | $9.7M | $11.6M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | $9.5M | $10.4M | ||
| Q4 24 | $9.7M | $11.0M | ||
| Q3 24 | $11.0M | $10.6M | ||
| Q2 24 | $10.8M | $9.8M | ||
| Q1 24 | $11.4M | $10.4M |
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.18× | ||
| Q1 24 | — | 0.16× |
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 | $281.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $281.0K | ||
| Q3 25 | $-482.0K | $-785.0K | ||
| Q2 25 | — | $-407.0K | ||
| Q1 25 | $-984.0K | $-400.0K | ||
| Q4 24 | $-830.0K | $-859.0K | ||
| Q3 24 | $-198.0K | $-1.2M | ||
| Q2 24 | $-677.0K | $-700.0K | ||
| Q1 24 | $-353.0K | $-1.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-793.0K | ||
| Q2 25 | — | — | ||
| Q1 25 | $-1.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-1.2M | ||
| Q2 24 | — | $-909.0K | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | -27.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | -61.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -41.8% | ||
| Q2 24 | — | -63.1% | ||
| Q1 24 | — | -98.3% |
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | 0.3% | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | 0.4% | ||
| Q2 24 | — | 14.5% | ||
| Q1 24 | — | 12.0% |
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% |
NXGL
Segment breakdown not available.
