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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and VirTra, Inc (VTSI). Click either name above to swap in a different company.
VirTra, Inc is the larger business by last-quarter revenue ($2.9M vs $1.7M, roughly 1.7× ZW Data Action Technologies Inc.). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -27.2%, a 20.9% gap on every dollar of revenue. On growth, VirTra, Inc posted the faster year-over-year revenue change (-46.5% vs -47.0%). Over the past eight quarters, VirTra, Inc's revenue compounded faster (-37.0% 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.
VirTra, Inc. is a global provider of highly realistic immersive training simulators and supporting curriculum, primarily serving law enforcement agencies, military units, and public safety organizations. Its scenario-based training systems are designed to enhance frontline personnel's decision-making, de-escalation skills, and on-duty operational safety.
CNET vs VTSI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $2.9M |
| Net Profit | $-108.0K | $-792.4K |
| Gross Margin | 5.7% | 57.5% |
| Operating Margin | -8.9% | -47.9% |
| Net Margin | -6.3% | -27.2% |
| Revenue YoY | -47.0% | -46.5% |
| Net Profit YoY | 94.4% | 10.8% |
| EPS (diluted) | — | $-0.08 |
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 | — | $2.9M | ||
| Q3 25 | $1.7M | $5.3M | ||
| Q2 25 | — | $7.0M | ||
| Q1 25 | $1.7M | $7.2M | ||
| Q4 24 | $2.2M | $5.4M | ||
| Q3 24 | $3.2M | $7.5M | ||
| Q2 24 | $6.4M | $6.1M | ||
| Q1 24 | $3.5M | $7.3M |
| Q4 25 | — | $-792.4K | ||
| Q3 25 | $-108.0K | $-388.6K | ||
| Q2 25 | — | $175.3K | ||
| Q1 25 | $-531.0K | $1.3M | ||
| Q4 24 | $-781.0K | $-888.3K | ||
| Q3 24 | $-1.9M | $583.1K | ||
| Q2 24 | $-216.0K | $1.2M | ||
| Q1 24 | $-850.0K | $468.2K |
| Q4 25 | — | 57.5% | ||
| Q3 25 | 5.7% | 65.8% | ||
| Q2 25 | — | 69.0% | ||
| Q1 25 | 9.7% | 72.6% | ||
| Q4 24 | -0.4% | 67.5% | ||
| Q3 24 | 1.7% | 73.5% | ||
| Q2 24 | 5.1% | 90.9% | ||
| Q1 24 | 2.0% | 64.2% |
| Q4 25 | — | -47.9% | ||
| Q3 25 | -8.9% | -8.4% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | -35.0% | 19.1% | ||
| Q4 24 | -24.1% | -9.9% | ||
| Q3 24 | -61.5% | 10.1% | ||
| Q2 24 | -4.7% | 18.6% | ||
| Q1 24 | -26.1% | 8.9% |
| Q4 25 | — | -27.2% | ||
| Q3 25 | -6.3% | -7.3% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | -32.1% | 17.7% | ||
| Q4 24 | -34.7% | -16.3% | ||
| Q3 24 | -59.1% | 7.8% | ||
| Q2 24 | -3.4% | 19.8% | ||
| Q1 24 | -24.1% | 6.4% |
| Q4 25 | — | $-0.08 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $0.02 | ||
| Q1 25 | — | $0.11 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $0.11 | ||
| 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 | $18.6M |
| Total DebtLower is stronger | — | $7.5M |
| Stockholders' EquityBook value | $3.3M | $45.6M |
| Total Assets | $9.7M | $65.1M |
| Debt / EquityLower = less leverage | — | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $18.6M | ||
| Q3 25 | $1.8M | $20.8M | ||
| Q2 25 | — | $20.7M | ||
| Q1 25 | $807.0K | $17.6M | ||
| Q4 24 | $812.0K | $18.0M | ||
| Q3 24 | $1.1M | $19.7M | ||
| Q2 24 | $510.0K | $18.4M | ||
| Q1 24 | $467.0K | $22.4M |
| Q4 25 | — | $7.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $7.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $45.6M | ||
| Q3 25 | $3.3M | $46.3M | ||
| Q2 25 | — | $46.8M | ||
| Q1 25 | $3.1M | $46.5M | ||
| Q4 24 | $3.7M | $45.2M | ||
| Q3 24 | $4.8M | $45.7M | ||
| Q2 24 | $5.2M | $44.9M | ||
| Q1 24 | $5.4M | $43.5M |
| Q4 25 | — | $65.1M | ||
| Q3 25 | $9.7M | $66.2M | ||
| Q2 25 | — | $67.4M | ||
| Q1 25 | $9.5M | $66.8M | ||
| Q4 24 | $9.7M | $65.0M | ||
| Q3 24 | $11.0M | $66.1M | ||
| Q2 24 | $10.8M | $66.0M | ||
| Q1 24 | $11.4M | $69.4M |
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-1.5M |
| Free Cash FlowOCF − Capex | — | $-2.1M |
| FCF MarginFCF / Revenue | — | -72.5% |
| Capex IntensityCapex / Revenue | 0.0% | 21.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.5M | ||
| Q3 25 | $-482.0K | $36.3K | ||
| Q2 25 | — | $6.0M | ||
| Q1 25 | $-984.0K | $65.7K | ||
| Q4 24 | $-830.0K | $-908.7K | ||
| Q3 24 | $-198.0K | $897.7K | ||
| Q2 24 | $-677.0K | $-3.9M | ||
| Q1 24 | $-353.0K | $5.1M |
| Q4 25 | — | $-2.1M | ||
| Q3 25 | — | $-61.2K | ||
| Q2 25 | — | $5.4M | ||
| Q1 25 | $-1.0M | $-362.7K | ||
| Q4 24 | — | $-1.1M | ||
| Q3 24 | — | $814.2K | ||
| Q2 24 | — | $-3.9M | ||
| Q1 24 | — | $3.6M |
| Q4 25 | — | -72.5% | ||
| Q3 25 | — | -1.1% | ||
| Q2 25 | — | 77.6% | ||
| Q1 25 | -61.8% | -5.1% | ||
| Q4 24 | — | -19.5% | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | -64.7% | ||
| Q1 24 | — | 48.9% |
| Q4 25 | — | 21.2% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | 2.2% | 6.0% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | 0.0% | 1.1% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 21.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 34.12× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.54× | ||
| Q2 24 | — | -3.22× | ||
| Q1 24 | — | 10.97× |
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% |
VTSI
Segment breakdown not available.
