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Side-by-side financial comparison of Cosmos Health Inc. (COSM) and TRIO-TECH INTERNATIONAL (TRT). Click either name above to swap in a different company.

Cosmos Health Inc. is the larger business by last-quarter revenue ($19.7M vs $15.6M, roughly 1.3× TRIO-TECH INTERNATIONAL). TRIO-TECH INTERNATIONAL runs the higher net margin — 0.8% vs -51.5%, a 52.3% gap on every dollar of revenue. On growth, TRIO-TECH INTERNATIONAL posted the faster year-over-year revenue change (81.6% vs 38.5%). TRIO-TECH INTERNATIONAL produced more free cash flow last quarter ($-152.0K vs $-4.6M). Over the past eight quarters, TRIO-TECH INTERNATIONAL's revenue compounded faster (22.7% CAGR vs 16.2%).

AgniKul Cosmos Private Limited is a private Indian aerospace manufacturer and commercial launch service provider based in National Centre for Combustion Research and Development (NCCRD) of IIT Madras, Chennai. The start up aims to develop and launch its own small-lift launch vehicle such as the Agnibaan, capable of placing 100 kg (220 lb) payload into a 700 km (430 mi) orbit.

Trio-Tech International is a global provider of semiconductor testing and burn-in solutions, alongside specialized manufacturing services for electronic components. It serves clients across the semiconductor, aerospace, and consumer electronics sectors, with operational footprints spanning North America, Asia, and Europe, delivering custom reliability testing systems and related support services.

COSM vs TRT — Head-to-Head

Bigger by revenue
COSM
COSM
1.3× larger
COSM
$19.7M
$15.6M
TRT
Growing faster (revenue YoY)
TRT
TRT
+43.0% gap
TRT
81.6%
38.5%
COSM
Higher net margin
TRT
TRT
52.3% more per $
TRT
0.8%
-51.5%
COSM
More free cash flow
TRT
TRT
$4.5M more FCF
TRT
$-152.0K
$-4.6M
COSM
Faster 2-yr revenue CAGR
TRT
TRT
Annualised
TRT
22.7%
16.2%
COSM

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
COSM
COSM
TRT
TRT
Revenue
$19.7M
$15.6M
Net Profit
$-10.1M
$126.0K
Gross Margin
10.6%
16.0%
Operating Margin
-57.9%
0.6%
Net Margin
-51.5%
0.8%
Revenue YoY
38.5%
81.6%
Net Profit YoY
-203.0%
-75.1%
EPS (diluted)
$-0.33
$0.01

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
COSM
COSM
TRT
TRT
Q4 25
$19.7M
$15.6M
Q3 25
$17.1M
$15.5M
Q2 25
$14.7M
$10.7M
Q1 25
$13.7M
$7.4M
Q4 24
$14.2M
$8.6M
Q3 24
$12.4M
$9.8M
Q2 24
$13.2M
$9.7M
Q1 24
$14.6M
$10.4M
Net Profit
COSM
COSM
TRT
TRT
Q4 25
$-10.1M
$126.0K
Q3 25
$-5.4M
$77.0K
Q2 25
$-2.8M
$183.0K
Q1 25
$-818.1K
$-495.0K
Q4 24
$-3.3M
$507.0K
Q3 24
$-8.4M
$-236.0K
Q2 24
$-2.6M
$243.0K
Q1 24
$-1.9M
$70.0K
Gross Margin
COSM
COSM
TRT
TRT
Q4 25
10.6%
16.0%
Q3 25
15.2%
16.7%
Q2 25
7.9%
24.6%
Q1 25
14.9%
26.8%
Q4 24
7.1%
25.7%
Q3 24
9.7%
23.7%
Q2 24
5.8%
27.5%
Q1 24
9.1%
26.0%
Operating Margin
COSM
COSM
TRT
TRT
Q4 25
-57.9%
0.6%
Q3 25
-10.6%
0.3%
Q2 25
-17.9%
4.4%
Q1 25
-6.1%
-4.6%
Q4 24
-63.0%
-0.0%
Q3 24
-18.0%
1.4%
Q2 24
-18.9%
3.7%
Q1 24
-12.6%
0.6%
Net Margin
COSM
COSM
TRT
TRT
Q4 25
-51.5%
0.8%
Q3 25
-31.3%
0.5%
Q2 25
-19.2%
1.7%
Q1 25
-6.0%
-6.7%
Q4 24
-23.5%
5.9%
Q3 24
-67.5%
-2.4%
Q2 24
-19.6%
2.5%
Q1 24
-12.8%
0.7%
EPS (diluted)
COSM
COSM
TRT
TRT
Q4 25
$-0.33
$0.01
Q3 25
$-0.17
$0.02
Q2 25
$-0.10
$0.11
Q1 25
$-0.03
$-0.12
Q4 24
$-0.46
$0.06
Q3 24
$-0.45
$-0.06
Q2 24
$-0.15
$0.05
Q1 24
$-0.11
$0.02

Balance Sheet & Financial Strength

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

Metric
COSM
COSM
TRT
TRT
Cash + ST InvestmentsLiquidity on hand
$761.8K
$16.5M
Total DebtLower is stronger
$3.8M
$581.0K
Stockholders' EquityBook value
$18.4M
$33.5M
Total Assets
$65.5M
$45.7M
Debt / EquityLower = less leverage
0.20×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COSM
COSM
TRT
TRT
Q4 25
$761.8K
$16.5M
Q3 25
$922.6K
$17.4M
Q2 25
$30.3K
$16.7M
Q1 25
$25.3K
$17.6M
Q4 24
$336.3K
$16.5M
Q3 24
$22.8K
$15.5M
Q2 24
$21.5K
$16.5M
Q1 24
$21.3K
$17.0M
Total Debt
COSM
COSM
TRT
TRT
Q4 25
$3.8M
$581.0K
Q3 25
$5.4M
$622.0K
Q2 25
$5.2M
$684.0K
Q1 25
$4.9M
$729.0K
Q4 24
$4.1M
$782.0K
Q3 24
$4.3M
$923.0K
Q2 24
$3.9M
$874.0K
Q1 24
$4.1M
$984.0K
Stockholders' Equity
COSM
COSM
TRT
TRT
Q4 25
$18.4M
$33.5M
Q3 25
$23.1M
$34.1M
Q2 25
$26.2M
$34.0M
Q1 25
$26.0M
$32.3M
Q4 24
$24.5M
$31.8M
Q3 24
$35.0M
$33.1M
Q2 24
$32.1M
$31.3M
Q1 24
$34.5M
$31.2M
Total Assets
COSM
COSM
TRT
TRT
Q4 25
$65.5M
$45.7M
Q3 25
$69.5M
$47.4M
Q2 25
$61.8M
$41.1M
Q1 25
$57.2M
$40.0M
Q4 24
$54.3M
$39.8M
Q3 24
$64.5M
$42.9M
Q2 24
$60.8M
$42.5M
Q1 24
$62.3M
$43.1M
Debt / Equity
COSM
COSM
TRT
TRT
Q4 25
0.20×
0.02×
Q3 25
0.23×
0.02×
Q2 25
0.20×
0.02×
Q1 25
0.19×
0.02×
Q4 24
0.17×
0.02×
Q3 24
0.12×
0.03×
Q2 24
0.12×
0.03×
Q1 24
0.12×
0.03×

Cash Flow & Capital Efficiency

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

Metric
COSM
COSM
TRT
TRT
Operating Cash FlowLast quarter
$-4.6M
$134.0K
Free Cash FlowOCF − Capex
$-4.6M
$-152.0K
FCF MarginFCF / Revenue
-23.4%
-1.0%
Capex IntensityCapex / Revenue
0.0%
1.8%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$-8.5M
$137.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COSM
COSM
TRT
TRT
Q4 25
$-4.6M
$134.0K
Q3 25
$-2.5M
$933.0K
Q2 25
$-1.2M
$-664.0K
Q1 25
$-186.3K
$781.0K
Q4 24
$-3.8M
$2.1M
Q3 24
$739.8K
$-1.9M
Q2 24
$-1.2M
$199.0K
Q1 24
$-3.4M
$1.2M
Free Cash Flow
COSM
COSM
TRT
TRT
Q4 25
$-4.6M
$-152.0K
Q3 25
$-2.5M
$887.0K
Q2 25
$-1.2M
$-1.2M
Q1 25
$-198.8K
$623.0K
Q4 24
$-3.9M
$1.9M
Q3 24
$511.0K
$-1.9M
Q2 24
$-1.2M
$-135.0K
Q1 24
$-3.5M
$1.1M
FCF Margin
COSM
COSM
TRT
TRT
Q4 25
-23.4%
-1.0%
Q3 25
-14.4%
5.7%
Q2 25
-8.4%
-11.4%
Q1 25
-1.5%
8.4%
Q4 24
-27.5%
22.4%
Q3 24
4.1%
-19.7%
Q2 24
-9.4%
-1.4%
Q1 24
-24.0%
10.6%
Capex Intensity
COSM
COSM
TRT
TRT
Q4 25
0.0%
1.8%
Q3 25
0.1%
0.3%
Q2 25
0.2%
5.2%
Q1 25
0.1%
2.1%
Q4 24
0.5%
2.1%
Q3 24
1.8%
0.7%
Q2 24
0.3%
3.4%
Q1 24
0.6%
0.5%
Cash Conversion
COSM
COSM
TRT
TRT
Q4 25
1.06×
Q3 25
12.12×
Q2 25
-3.63×
Q1 25
Q4 24
4.16×
Q3 24
Q2 24
0.82×
Q1 24
16.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COSM
COSM

Segment breakdown not available.

TRT
TRT

Semiconductor Backend Solutions$12.4M79%
Industrial Electronics$3.3M21%

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