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Side-by-side financial comparison of DHI GROUP, INC. (DHX) and Farmmi, Inc. (FAMI). Click either name above to swap in a different company.

DHI GROUP, INC. is the larger business by last-quarter revenue ($31.4M vs $16.1M, roughly 1.9× Farmmi, Inc.). DHI GROUP, INC. runs the higher net margin — 3.0% vs -0.3%, a 3.3% gap on every dollar of revenue. On growth, DHI GROUP, INC. posted the faster year-over-year revenue change (-9.8% vs -55.7%). Farmmi, Inc. produced more free cash flow last quarter ($14.6M vs $5.7M).

DHI is an international water software development and engineering consultancy firm with headquarters in Denmark. The profit-for-purpose organisation addresses all challenges in water environments through consultancy services, MIKE Powered by DHI water modelling software, business applications, data portals and operational services. DHI has 30 offices throughout the world, with software development centres in Singapore and Denmark, and approximately 1050 employees.

Farmmi Inc. is a company that processes and sells agricultural products in China and abroad; it grows and markets shiitake and wood ear mushrooms and other edible fungi products, including bamboo fungi, chestnut mushroom, trumpet royale, hen of the woods, lawyer's wig, and lion's mane mushroom. It also operates Farmmi Jicai, an online store that sells edible fungi products under the Forasen and Farmmi Liangpin brands. In addition, the company exports dried whole and sliced shiitake mushrooms,...

DHX vs FAMI — Head-to-Head

Bigger by revenue
DHX
DHX
1.9× larger
DHX
$31.4M
$16.1M
FAMI
Growing faster (revenue YoY)
DHX
DHX
+45.9% gap
DHX
-9.8%
-55.7%
FAMI
Higher net margin
DHX
DHX
3.3% more per $
DHX
3.0%
-0.3%
FAMI
More free cash flow
FAMI
FAMI
$8.9M more FCF
FAMI
$14.6M
$5.7M
DHX

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
DHX
DHX
FAMI
FAMI
Revenue
$31.4M
$16.1M
Net Profit
$951.0K
$-44.0K
Gross Margin
5.0%
Operating Margin
10.4%
-4.1%
Net Margin
3.0%
-0.3%
Revenue YoY
-9.8%
-55.7%
Net Profit YoY
-6.9%
-107.0%
EPS (diluted)
$0.03
$-0.04

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
DHX
DHX
FAMI
FAMI
Q4 25
$31.4M
Q3 25
$32.1M
Q2 25
$32.0M
Q1 25
$32.3M
$16.1M
Q4 24
$34.8M
Q3 24
$35.3M
Q2 24
$35.8M
Q1 24
$36.0M
$36.4M
Net Profit
DHX
DHX
FAMI
FAMI
Q4 25
$951.0K
Q3 25
$-4.3M
Q2 25
$-841.0K
Q1 25
$-9.4M
$-44.0K
Q4 24
$1.0M
Q3 24
$-200.0K
Q2 24
$943.0K
Q1 24
$-1.5M
$630.5K
Gross Margin
DHX
DHX
FAMI
FAMI
Q4 25
Q3 25
85.7%
Q2 25
84.0%
Q1 25
83.4%
5.0%
Q4 24
Q3 24
85.6%
Q2 24
85.5%
Q1 24
86.5%
5.9%
Operating Margin
DHX
DHX
FAMI
FAMI
Q4 25
10.4%
Q3 25
-14.0%
Q2 25
-3.9%
Q1 25
-27.5%
-4.1%
Q4 24
5.0%
Q3 24
1.8%
Q2 24
5.6%
Q1 24
5.5%
2.5%
Net Margin
DHX
DHX
FAMI
FAMI
Q4 25
3.0%
Q3 25
-13.3%
Q2 25
-2.6%
Q1 25
-28.9%
-0.3%
Q4 24
2.9%
Q3 24
-0.6%
Q2 24
2.6%
Q1 24
-4.2%
1.7%
EPS (diluted)
DHX
DHX
FAMI
FAMI
Q4 25
$0.03
Q3 25
$-0.10
Q2 25
$-0.02
Q1 25
$-0.21
$-0.04
Q4 24
$0.02
Q3 24
$0.00
Q2 24
$0.02
Q1 24
$-0.03
$1.20

Balance Sheet & Financial Strength

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

Metric
DHX
DHX
FAMI
FAMI
Cash + ST InvestmentsLiquidity on hand
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$94.5M
$166.4M
Total Assets
$188.2M
$230.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHX
DHX
FAMI
FAMI
Q4 25
$2.9M
Q3 25
$2.3M
Q2 25
$2.8M
Q1 25
$2.7M
Q4 24
$3.7M
Q3 24
$2.1M
Q2 24
$3.0M
Q1 24
$3.2M
Total Debt
DHX
DHX
FAMI
FAMI
Q4 25
Q3 25
$30.0M
Q2 25
$30.0M
Q1 25
$33.0M
Q4 24
$32.0M
Q3 24
$32.0M
Q2 24
$35.0M
Q1 24
$41.0M
Stockholders' Equity
DHX
DHX
FAMI
FAMI
Q4 25
$94.5M
Q3 25
$97.3M
Q2 25
$102.5M
Q1 25
$103.9M
$166.4M
Q4 24
$114.3M
Q3 24
$111.3M
Q2 24
$109.8M
Q1 24
$106.6M
$164.4M
Total Assets
DHX
DHX
FAMI
FAMI
Q4 25
$188.2M
Q3 25
$192.5M
Q2 25
$204.9M
Q1 25
$212.1M
$230.4M
Q4 24
$221.4M
Q3 24
$219.4M
Q2 24
$224.4M
Q1 24
$231.9M
$171.9M
Debt / Equity
DHX
DHX
FAMI
FAMI
Q4 25
Q3 25
0.31×
Q2 25
0.29×
Q1 25
0.32×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.32×
Q1 24
0.38×

Cash Flow & Capital Efficiency

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

Metric
DHX
DHX
FAMI
FAMI
Operating Cash FlowLast quarter
$7.2M
$14.6M
Free Cash FlowOCF − Capex
$5.7M
$14.6M
FCF MarginFCF / Revenue
18.1%
90.1%
Capex IntensityCapex / Revenue
4.9%
0.1%
Cash ConversionOCF / Net Profit
7.60×
TTM Free Cash FlowTrailing 4 quarters
$13.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHX
DHX
FAMI
FAMI
Q4 25
$7.2M
Q3 25
$4.8M
Q2 25
$6.9M
Q1 25
$2.2M
$14.6M
Q4 24
$4.4M
Q3 24
$5.5M
Q2 24
$9.1M
Q1 24
$2.1M
$-14.9M
Free Cash Flow
DHX
DHX
FAMI
FAMI
Q4 25
$5.7M
Q3 25
$3.2M
Q2 25
$4.8M
Q1 25
$88.0K
$14.6M
Q4 24
$1.6M
Q3 24
$2.3M
Q2 24
$5.6M
Q1 24
$-2.4M
FCF Margin
DHX
DHX
FAMI
FAMI
Q4 25
18.1%
Q3 25
9.9%
Q2 25
15.1%
Q1 25
0.3%
90.1%
Q4 24
4.6%
Q3 24
6.5%
Q2 24
15.6%
Q1 24
-6.5%
Capex Intensity
DHX
DHX
FAMI
FAMI
Q4 25
4.9%
Q3 25
5.0%
Q2 25
6.3%
Q1 25
6.7%
0.1%
Q4 24
8.0%
Q3 24
9.2%
Q2 24
9.7%
Q1 24
12.3%
0.0%
Cash Conversion
DHX
DHX
FAMI
FAMI
Q4 25
7.60×
Q3 25
Q2 25
Q1 25
Q4 24
4.27×
Q3 24
Q2 24
9.61×
Q1 24
-23.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHX
DHX

Clearance Jobs$17.4M56%
Clearance Jobs Segment$13.9M44%

FAMI
FAMI

Segment breakdown not available.

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