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Side-by-side financial comparison of DDC Enterprise Ltd (DDC) and VOX ROYALTY CORP. (VOXR). Click either name above to swap in a different company.

VOX ROYALTY CORP. is the larger business by last-quarter revenue ($9.3M vs $5.4M, roughly 1.7× DDC Enterprise Ltd). VOX ROYALTY CORP. runs the higher net margin — -7.4% vs -123.3%, a 116.0% gap on every dollar of revenue.

Vox Royalty Corp. is a specialized mining royalty and streaming company that provides upfront capital to mining project owners and operators, in exchange for a share of future commodity production revenue or physical output. Its portfolio includes gold, silver, copper and other critical minerals, with core operating markets spanning North America, Australia and Africa, catering to the global mining exploration and development sector.

DDC vs VOXR — Head-to-Head

Bigger by revenue
VOXR
VOXR
1.7× larger
VOXR
$9.3M
$5.4M
DDC
Higher net margin
VOXR
VOXR
116.0% more per $
VOXR
-7.4%
-123.3%
DDC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DDC
DDC
VOXR
VOXR
Revenue
$5.4M
$9.3M
Net Profit
$-6.7M
$-682.6K
Gross Margin
31.4%
69.2%
Operating Margin
-90.0%
11.8%
Net Margin
-123.3%
-7.4%
Revenue YoY
Net Profit YoY
EPS (diluted)

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
DDC
DDC
VOXR
VOXR
Q4 25
$5.4M
Q3 25
$9.3M
Q2 25
$2.2M
$5.4M
Q1 25
$2.7M
Q3 24
$8.2M
Q2 24
$5.7M
Q1 24
$2.9M
Q3 23
$9.3M
Net Profit
DDC
DDC
VOXR
VOXR
Q4 25
$-6.7M
Q3 25
$-682.6K
Q2 25
$715.3K
$-575.0K
Q1 25
$-241.4K
Q3 24
$316.9K
Q2 24
$-729.7K
Q1 24
$-681.2K
Q3 23
$276.1K
Gross Margin
DDC
DDC
VOXR
VOXR
Q4 25
31.4%
Q3 25
69.2%
Q2 25
33.4%
83.0%
Q1 25
90.1%
Q3 24
97.0%
Q2 24
83.8%
Q1 24
Q3 23
54.5%
Operating Margin
DDC
DDC
VOXR
VOXR
Q4 25
-90.0%
Q3 25
11.8%
Q2 25
12.9%
15.0%
Q1 25
22.8%
Q3 24
28.5%
Q2 24
7.4%
Q1 24
32.7%
Q3 23
4.9%
Net Margin
DDC
DDC
VOXR
VOXR
Q4 25
-123.3%
Q3 25
-7.4%
Q2 25
33.2%
-10.6%
Q1 25
-9.0%
Q3 24
3.9%
Q2 24
-12.8%
Q1 24
-23.6%
Q3 23
3.0%

Balance Sheet & Financial Strength

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

Metric
DDC
DDC
VOXR
VOXR
Cash + ST InvestmentsLiquidity on hand
$21.7M
Total DebtLower is stronger
$610.8K
Stockholders' EquityBook value
$71.2M
Total Assets
$199.6M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDC
DDC
VOXR
VOXR
Q4 25
$21.7M
Q3 25
Q2 25
$3.5M
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Total Debt
DDC
DDC
VOXR
VOXR
Q4 25
$610.8K
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Stockholders' Equity
DDC
DDC
VOXR
VOXR
Q4 25
$71.2M
Q3 25
Q2 25
$3.9M
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Total Assets
DDC
DDC
VOXR
VOXR
Q4 25
$199.6M
Q3 25
Q2 25
$12.4M
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Debt / Equity
DDC
DDC
VOXR
VOXR
Q4 25
0.01×
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
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
DDC
DDC
VOXR
VOXR
Operating Cash FlowLast quarter
$-39.7M
Free Cash FlowOCF − Capex
$-39.7M
FCF MarginFCF / Revenue
-734.1%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DDC
DDC
VOXR
VOXR
Q4 25
$-39.7M
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Free Cash Flow
DDC
DDC
VOXR
VOXR
Q4 25
$-39.7M
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
FCF Margin
DDC
DDC
VOXR
VOXR
Q4 25
-734.1%
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Capex Intensity
DDC
DDC
VOXR
VOXR
Q4 25
0.1%
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

DDC
DDC

Segment breakdown not available.

VOXR
VOXR

Total$8.2M88%
Other$1.1M12%

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