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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and United Maritime Corp (USEA). Click either name above to swap in a different company.

United Maritime Corp is the larger business by last-quarter revenue ($1.8M vs $1.7M, roughly 1.1× ZW Data Action Technologies Inc.). United Maritime Corp runs the higher net margin — 59.6% vs -6.3%, a 65.9% gap on every dollar of revenue.

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.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

CNET vs USEA — Head-to-Head

Bigger by revenue
USEA
USEA
1.1× larger
USEA
$1.8M
$1.7M
CNET
Higher net margin
USEA
USEA
65.9% more per $
USEA
59.6%
-6.3%
CNET

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CNET
CNET
USEA
USEA
Revenue
$1.7M
$1.8M
Net Profit
$-108.0K
$1.1M
Gross Margin
5.7%
Operating Margin
-8.9%
Net Margin
-6.3%
59.6%
Revenue YoY
-47.0%
Net Profit YoY
94.4%
EPS (diluted)
$0.13

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.

Revenue
CNET
CNET
USEA
USEA
Q3 25
$1.7M
$1.8M
Q1 25
$1.7M
Q4 24
$2.2M
Q3 24
$3.2M
Q2 24
$6.4M
Q1 24
$3.5M
Q4 23
$5.3M
Q3 23
$9.2M
Net Profit
CNET
CNET
USEA
USEA
Q3 25
$-108.0K
$1.1M
Q1 25
$-531.0K
Q4 24
$-781.0K
Q3 24
$-1.9M
Q2 24
$-216.0K
Q1 24
$-850.0K
Q4 23
$-1.9M
Q3 23
$-1.5M
Gross Margin
CNET
CNET
USEA
USEA
Q3 25
5.7%
Q1 25
9.7%
Q4 24
-0.4%
Q3 24
1.7%
Q2 24
5.1%
Q1 24
2.0%
Q4 23
-0.1%
Q3 23
-0.0%
Operating Margin
CNET
CNET
USEA
USEA
Q3 25
-8.9%
Q1 25
-35.0%
Q4 24
-24.1%
Q3 24
-61.5%
Q2 24
-4.7%
Q1 24
-26.1%
Q4 23
-33.4%
Q3 23
-17.5%
Net Margin
CNET
CNET
USEA
USEA
Q3 25
-6.3%
59.6%
Q1 25
-32.1%
Q4 24
-34.7%
Q3 24
-59.1%
Q2 24
-3.4%
Q1 24
-24.1%
Q4 23
-36.2%
Q3 23
-16.6%
EPS (diluted)
CNET
CNET
USEA
USEA
Q3 25
$0.13
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNET
CNET
USEA
USEA
Cash + ST InvestmentsLiquidity on hand
$1.8M
$19.7M
Total DebtLower is stronger
$49.5M
Stockholders' EquityBook value
$3.3M
$57.5M
Total Assets
$9.7M
$144.2M
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNET
CNET
USEA
USEA
Q3 25
$1.8M
$19.7M
Q1 25
$807.0K
Q4 24
$812.0K
Q3 24
$1.1M
Q2 24
$510.0K
Q1 24
$467.0K
Q4 23
$817.0K
Q3 23
$1.3M
Total Debt
CNET
CNET
USEA
USEA
Q3 25
$49.5M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
Stockholders' Equity
CNET
CNET
USEA
USEA
Q3 25
$3.3M
$57.5M
Q1 25
$3.1M
Q4 24
$3.7M
Q3 24
$4.8M
Q2 24
$5.2M
Q1 24
$5.4M
Q4 23
$6.3M
Q3 23
$8.2M
Total Assets
CNET
CNET
USEA
USEA
Q3 25
$9.7M
$144.2M
Q1 25
$9.5M
Q4 24
$9.7M
Q3 24
$11.0M
Q2 24
$10.8M
Q1 24
$11.4M
Q4 23
$11.2M
Q3 23
$14.8M
Debt / Equity
CNET
CNET
USEA
USEA
Q3 25
0.86×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNET
CNET
USEA
USEA
Operating Cash FlowLast quarter
$-482.0K
$-444.0K
Free Cash FlowOCF − Capex
$-477.0K
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
0.0%
1.8%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNET
CNET
USEA
USEA
Q3 25
$-482.0K
$-444.0K
Q1 25
$-984.0K
Q4 24
$-830.0K
Q3 24
$-198.0K
Q2 24
$-677.0K
Q1 24
$-353.0K
Q4 23
$-476.0K
Q3 23
$-674.0K
Free Cash Flow
CNET
CNET
USEA
USEA
Q3 25
$-477.0K
Q1 25
$-1.0M
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
$-726.0K
FCF Margin
CNET
CNET
USEA
USEA
Q3 25
-26.1%
Q1 25
-61.8%
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
-7.9%
Capex Intensity
CNET
CNET
USEA
USEA
Q3 25
0.0%
1.8%
Q1 25
2.2%
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Q4 23
Q3 23
0.6%
Cash Conversion
CNET
CNET
USEA
USEA
Q3 25
-0.41×
Q1 25
Q4 24
Q3 24
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
CNET

Online Advertising Placement$1.6M95%
Other$83.0K5%

USEA
USEA

Segment breakdown not available.

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