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Side-by-side financial comparison of DORCHESTER MINERALS, L.P. (DMLP) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

DORCHESTER MINERALS, L.P. is the larger business by last-quarter revenue ($41.9M vs $27.6M, roughly 1.5× Maison Solutions Inc.). DORCHESTER MINERALS, L.P. runs the higher net margin — 38.7% vs -18.0%, a 56.7% gap on every dollar of revenue. On growth, DORCHESTER MINERALS, L.P. posted the faster year-over-year revenue change (5.4% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 16.2%).

Dorchester Minerals, L.P. is a publicly traded master limited partnership based in the United States. It acquires, owns, and manages a diversified portfolio of royalty interests, net profit interests, and mineral properties associated with oil, natural gas, and natural gas liquids production across key onshore U.S. energy basins, delivering stable cash flow returns to its unitholders.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

DMLP vs MSS — Head-to-Head

Bigger by revenue
DMLP
DMLP
1.5× larger
DMLP
$41.9M
$27.6M
MSS
Growing faster (revenue YoY)
DMLP
DMLP
+16.3% gap
DMLP
5.4%
-10.9%
MSS
Higher net margin
DMLP
DMLP
56.7% more per $
DMLP
38.7%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
16.2%
DMLP

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DMLP
DMLP
MSS
MSS
Revenue
$41.9M
$27.6M
Net Profit
$16.2M
$-5.0M
Gross Margin
23.4%
Operating Margin
-4.9%
Net Margin
38.7%
-18.0%
Revenue YoY
5.4%
-10.9%
Net Profit YoY
13.7%
-1840.5%
EPS (diluted)
$-0.23

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
DMLP
DMLP
MSS
MSS
Q4 25
$41.9M
$27.6M
Q3 25
$35.4M
$27.2M
Q2 25
$32.4M
$34.4M
Q1 25
$43.2M
$32.3M
Q4 24
$39.7M
$29.4M
Q3 24
$53.5M
$28.2M
Q2 24
$37.4M
$16.9M
Q1 24
$31.0M
$13.6M
Net Profit
DMLP
DMLP
MSS
MSS
Q4 25
$16.2M
$-5.0M
Q3 25
$11.2M
$-1.5M
Q2 25
$12.3M
$-287.4K
Q1 25
$17.6M
$1.0M
Q4 24
$14.2M
$-256.0K
Q3 24
$36.4M
$700.9K
Q2 24
$23.6M
$-2.8M
Q1 24
$18.2M
$-549.0K
Gross Margin
DMLP
DMLP
MSS
MSS
Q4 25
23.4%
Q3 25
24.1%
Q2 25
9.5%
Q1 25
21.8%
Q4 24
26.9%
Q3 24
28.9%
Q2 24
13.0%
Q1 24
23.4%
Operating Margin
DMLP
DMLP
MSS
MSS
Q4 25
-4.9%
Q3 25
0.7%
Q2 25
-15.9%
Q1 25
3.7%
Q4 24
3.2%
Q3 24
7.3%
Q2 24
-14.4%
Q1 24
-2.3%
Net Margin
DMLP
DMLP
MSS
MSS
Q4 25
38.7%
-18.0%
Q3 25
31.5%
-5.7%
Q2 25
38.1%
-0.8%
Q1 25
40.9%
3.1%
Q4 24
35.9%
-0.9%
Q3 24
68.1%
2.5%
Q2 24
63.2%
-16.4%
Q1 24
58.6%
-4.0%
EPS (diluted)
DMLP
DMLP
MSS
MSS
Q4 25
$-0.23
Q3 25
$-0.08
Q2 25
$-0.02
Q1 25
$0.06
Q4 24
$-0.01
Q3 24
$0.04
Q2 24
$-0.16
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
DMLP
DMLP
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$41.9M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$11.6M
Total Assets
$309.6M
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DMLP
DMLP
MSS
MSS
Q4 25
$41.9M
Q3 25
$41.6M
$1.1M
Q2 25
$36.5M
$775.4K
Q1 25
$41.5M
$445.4K
Q4 24
$42.5M
$355.7K
Q3 24
$56.5M
$588.9K
Q2 24
$35.2M
$2.1M
Q1 24
$37.7M
$9.4M
Total Debt
DMLP
DMLP
MSS
MSS
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
DMLP
DMLP
MSS
MSS
Q4 25
$11.6M
Q3 25
$10.1M
Q2 25
$11.7M
Q1 25
$12.0M
Q4 24
$10.9M
Q3 24
$11.2M
Q2 24
$10.5M
Q1 24
$13.3M
Total Assets
DMLP
DMLP
MSS
MSS
Q4 25
$309.6M
$75.4M
Q3 25
$330.4M
$73.3M
Q2 25
$325.6M
$77.4M
Q1 25
$349.0M
$82.7M
Q4 24
$366.8M
$82.7M
Q3 24
$403.4M
$82.1M
Q2 24
$176.0M
$82.4M
Q1 24
$184.8M
$44.2M
Debt / Equity
DMLP
DMLP
MSS
MSS
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
DMLP
DMLP
MSS
MSS
Operating Cash FlowLast quarter
$34.3M
$-1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DMLP
DMLP
MSS
MSS
Q4 25
$34.3M
$-1.7M
Q3 25
$34.3M
$1.1M
Q2 25
$30.5M
$-1.6M
Q1 25
$33.4M
$1.7M
Q4 24
$31.5M
$1.1M
Q3 24
$43.7M
$3.6M
Q2 24
$29.4M
$-2.6M
Q1 24
$28.0M
$-1.4M
Cash Conversion
DMLP
DMLP
MSS
MSS
Q4 25
2.12×
Q3 25
3.07×
Q2 25
2.47×
Q1 25
1.89×
1.66×
Q4 24
2.21×
Q3 24
1.20×
5.12×
Q2 24
1.25×
Q1 24
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DMLP
DMLP

Royalties$34.0M81%
Other$7.8M19%

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

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