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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and PAVmed Inc. (PAVM). 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 $996.0K, roughly 1.7× PAVmed Inc.). PAVmed Inc. runs the higher net margin — 6465.8% vs -6.3%, a 6472.1% gap on every dollar of revenue. On growth, PAVmed Inc. posted the faster year-over-year revenue change (25.9% vs -47.0%).
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.
PAVmed Inc. is a commercial-stage medical technology company that designs, develops and commercializes innovative diagnostic and therapeutic medical products. Its portfolio covers point-of-care diagnostics, interventional oncology and gastroenterology solutions, primarily serving healthcare providers and patients across the United States.
CNET vs PAVM — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2024
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $996.0K |
| Net Profit | $-108.0K | $64.4M |
| Gross Margin | 5.7% | -38.7% |
| Operating Margin | -8.9% | -1162.4% |
| Net Margin | -6.3% | 6465.8% |
| Revenue YoY | -47.0% | 25.9% |
| Net Profit YoY | 94.4% | 464.4% |
| EPS (diluted) | — | $1.44 |
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.
| Q3 25 | $1.7M | — | ||
| Q1 25 | $1.7M | — | ||
| Q4 24 | $2.2M | — | ||
| Q3 24 | $3.2M | $996.0K | ||
| Q2 24 | $6.4M | $979.0K | ||
| Q1 24 | $3.5M | $1.0M | ||
| Q4 23 | $5.3M | $1.0M | ||
| Q3 23 | $9.2M | $791.0K |
| Q3 25 | $-108.0K | — | ||
| Q1 25 | $-531.0K | — | ||
| Q4 24 | $-781.0K | — | ||
| Q3 24 | $-1.9M | $64.4M | ||
| Q2 24 | $-216.0K | $-10.8M | ||
| Q1 24 | $-850.0K | $-15.2M | ||
| Q4 23 | $-1.9M | $-14.0M | ||
| Q3 23 | $-1.5M | $-17.7M |
| Q3 25 | 5.7% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | -0.4% | — | ||
| Q3 24 | 1.7% | -38.7% | ||
| Q2 24 | 5.1% | -70.2% | ||
| Q1 24 | 2.0% | -72.7% | ||
| Q4 23 | -0.1% | -53.5% | ||
| Q3 23 | -0.0% | -124.9% |
| Q3 25 | -8.9% | — | ||
| Q1 25 | -35.0% | — | ||
| Q4 24 | -24.1% | — | ||
| Q3 24 | -61.5% | -1162.4% | ||
| Q2 24 | -4.7% | -1397.8% | ||
| Q1 24 | -26.1% | -1389.7% | ||
| Q4 23 | -33.4% | -1561.7% | ||
| Q3 23 | -17.5% | -1963.1% |
| Q3 25 | -6.3% | — | ||
| Q1 25 | -32.1% | — | ||
| Q4 24 | -34.7% | — | ||
| Q3 24 | -59.1% | 6465.8% | ||
| Q2 24 | -3.4% | -1105.9% | ||
| Q1 24 | -24.1% | -1506.1% | ||
| Q4 23 | -36.2% | -1338.0% | ||
| Q3 23 | -16.6% | -2234.0% |
| Q3 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.44 | ||
| Q2 24 | — | $-1.19 | ||
| Q1 24 | — | $-2.62 | ||
| Q4 23 | — | $-1.90 | ||
| Q3 23 | — | $-2.38 |
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 | $765.0K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $-4.9M |
| Total Assets | $9.7M | $30.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $1.8M | — | ||
| Q1 25 | $807.0K | — | ||
| Q4 24 | $812.0K | — | ||
| Q3 24 | $1.1M | $765.0K | ||
| Q2 24 | $510.0K | $25.5M | ||
| Q1 24 | $467.0K | $25.5M | ||
| Q4 23 | $817.0K | $19.6M | ||
| Q3 23 | $1.3M | $26.4M |
| Q3 25 | $3.3M | — | ||
| Q1 25 | $3.1M | — | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $4.8M | $-4.9M | ||
| Q2 24 | $5.2M | $-73.9M | ||
| Q1 24 | $5.4M | $-68.8M | ||
| Q4 23 | $6.3M | $-53.8M | ||
| Q3 23 | $8.2M | $-43.3M |
| Q3 25 | $9.7M | — | ||
| Q1 25 | $9.5M | — | ||
| Q4 24 | $9.7M | — | ||
| Q3 24 | $11.0M | $30.6M | ||
| Q2 24 | $10.8M | $39.4M | ||
| Q1 24 | $11.4M | $37.3M | ||
| Q4 23 | $11.2M | $33.1M | ||
| Q3 23 | $14.8M | $42.0M |
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 | $-8.9M |
| Free Cash FlowOCF − Capex | — | $-8.9M |
| FCF MarginFCF / Revenue | — | -892.5% |
| Capex IntensityCapex / Revenue | 0.0% | 0.6% |
| Cash ConversionOCF / Net Profit | — | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-45.8M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-482.0K | — | ||
| Q1 25 | $-984.0K | — | ||
| Q4 24 | $-830.0K | — | ||
| Q3 24 | $-198.0K | $-8.9M | ||
| Q2 24 | $-677.0K | $-11.7M | ||
| Q1 24 | $-353.0K | $-13.1M | ||
| Q4 23 | $-476.0K | $-11.9M | ||
| Q3 23 | $-674.0K | $-11.1M |
| Q3 25 | — | — | ||
| Q1 25 | $-1.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-8.9M | ||
| Q2 24 | — | $-11.7M | ||
| Q1 24 | — | $-13.2M | ||
| Q4 23 | — | $-12.1M | ||
| Q3 23 | $-726.0K | $-11.1M |
| Q3 25 | — | — | ||
| Q1 25 | -61.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -892.5% | ||
| Q2 24 | — | -1190.9% | ||
| Q1 24 | — | -1302.1% | ||
| Q4 23 | — | -1149.4% | ||
| Q3 23 | -7.9% | -1404.2% |
| Q3 25 | 0.0% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | 0.6% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 4.2% | ||
| Q4 23 | — | 17.4% | ||
| Q3 23 | 0.6% | 2.3% |
| Q3 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.14× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
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% |
PAVM
Segment breakdown not available.
