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Side-by-side financial comparison of Direct Digital Holdings, Inc. (DRCT) and TRANSCONTINENTAL REALTY INVESTORS INC (TCI). Click either name above to swap in a different company.

TRANSCONTINENTAL REALTY INVESTORS INC is the larger business by last-quarter revenue ($12.1M vs $8.4M, roughly 1.4× Direct Digital Holdings, Inc.). TRANSCONTINENTAL REALTY INVESTORS INC runs the higher net margin — 68.8% vs -138.7%, a 207.5% gap on every dollar of revenue. On growth, TRANSCONTINENTAL REALTY INVESTORS INC posted the faster year-over-year revenue change (2.3% vs -7.4%). Over the past eight quarters, TRANSCONTINENTAL REALTY INVESTORS INC's revenue compounded faster (0.7% CAGR vs -38.6%).

Devolver Digital, Inc. is an American video game publisher based in Austin, Texas, specializing in the publishing of indie games. The company was founded in June 2009 by Nigel Lowrie, Harry Miller, Graeme Struthers, Rick Stults, and Mike Wilson, five executives who had been involved with Gathering of Developers and Gamecock Media Group, which published games on developer-friendly terms, but due to the high cost associated with releasing retail games saw themselves acquired and dissolved by la...

Transcontinental Realty Investors Inc. (TCI) is a U.S.-based real estate investment firm that owns, operates and develops a diversified portfolio of residential, commercial and mixed-use properties across core U.S. regional markets. It pursues long-term value growth via strategic property acquisitions, efficient asset management and tailored leasing solutions for individual and business tenants.

DRCT vs TCI — Head-to-Head

Bigger by revenue
TCI
TCI
1.4× larger
TCI
$12.1M
$8.4M
DRCT
Growing faster (revenue YoY)
TCI
TCI
+9.7% gap
TCI
2.3%
-7.4%
DRCT
Higher net margin
TCI
TCI
207.5% more per $
TCI
68.8%
-138.7%
DRCT
Faster 2-yr revenue CAGR
TCI
TCI
Annualised
TCI
0.7%
-38.6%
DRCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DRCT
DRCT
TCI
TCI
Revenue
$8.4M
$12.1M
Net Profit
$-11.7M
$8.3M
Gross Margin
26.8%
Operating Margin
-53.4%
-28.9%
Net Margin
-138.7%
68.8%
Revenue YoY
-7.4%
2.3%
Net Profit YoY
-434.7%
7577.8%
EPS (diluted)
$-74.97
$0.97

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
DRCT
DRCT
TCI
TCI
Q4 25
$8.4M
$12.1M
Q3 25
$8.0M
$12.8M
Q2 25
$10.1M
$12.2M
Q1 25
$8.2M
$12.0M
Q4 24
$9.1M
$11.8M
Q3 24
$9.1M
$11.6M
Q2 24
$21.9M
$11.8M
Q1 24
$22.3M
$11.9M
Net Profit
DRCT
DRCT
TCI
TCI
Q4 25
$-11.7M
$8.3M
Q3 25
$-2.7M
$724.0K
Q2 25
$-2.2M
$169.0K
Q1 25
$-2.4M
$4.6M
Q4 24
$-2.2M
$108.0K
Q3 24
$-2.7M
$1.7M
Q2 24
$-590.0K
$1.5M
Q1 24
$-775.0K
$2.5M
Gross Margin
DRCT
DRCT
TCI
TCI
Q4 25
26.8%
Q3 25
27.7%
Q2 25
35.1%
Q1 25
29.3%
Q4 24
32.5%
Q3 24
38.7%
Q2 24
27.1%
Q1 24
22.4%
Operating Margin
DRCT
DRCT
TCI
TCI
Q4 25
-53.4%
-28.9%
Q3 25
-49.0%
-10.9%
Q2 25
-23.9%
-6.8%
Q1 25
-48.1%
-5.3%
Q4 24
-51.8%
-14.3%
Q3 24
-40.3%
-14.4%
Q2 24
-9.4%
-9.2%
Q1 24
-12.6%
-11.2%
Net Margin
DRCT
DRCT
TCI
TCI
Q4 25
-138.7%
68.8%
Q3 25
-33.6%
5.6%
Q2 25
-22.2%
1.4%
Q1 25
-28.9%
38.5%
Q4 24
-24.0%
0.9%
Q3 24
-29.6%
14.7%
Q2 24
-2.7%
12.7%
Q1 24
-3.5%
21.4%
EPS (diluted)
DRCT
DRCT
TCI
TCI
Q4 25
$-74.97
$0.97
Q3 25
$-0.24
$0.08
Q2 25
$-0.23
$0.02
Q1 25
$-0.35
$0.53
Q4 24
$-90.17
$0.01
Q3 24
$-0.71
$0.20
Q2 24
$-0.16
$0.17
Q1 24
$-0.22
$0.30

Balance Sheet & Financial Strength

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

Metric
DRCT
DRCT
TCI
TCI
Cash + ST InvestmentsLiquidity on hand
$728.0K
$89.0M
Total DebtLower is stronger
$210.8M
Stockholders' EquityBook value
$-7.0M
$846.7M
Total Assets
$20.2M
$1.1B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRCT
DRCT
TCI
TCI
Q4 25
$728.0K
$89.0M
Q3 25
$871.0K
$82.7M
Q2 25
$1.6M
$73.5M
Q1 25
$1.8M
$88.6M
Q4 24
$1.4M
$99.7M
Q3 24
$4.1M
$131.6M
Q2 24
$1.1M
$127.5M
Q1 24
$3.3M
$130.8M
Total Debt
DRCT
DRCT
TCI
TCI
Q4 25
$210.8M
Q3 25
$10.8M
$223.5M
Q2 25
$33.5M
$212.4M
Q1 25
$32.9M
$198.2M
Q4 24
$181.9M
Q3 24
$150.0K
$180.3M
Q2 24
$34.8M
$177.4M
Q1 24
$32.4M
$178.3M
Stockholders' Equity
DRCT
DRCT
TCI
TCI
Q4 25
$-7.0M
$846.7M
Q3 25
$-6.7M
$838.4M
Q2 25
$-24.6M
$837.7M
Q1 25
$-23.3M
$837.3M
Q4 24
$-19.7M
$832.3M
Q3 24
$-16.7M
$832.2M
Q2 24
$-10.5M
$830.4M
Q1 24
$-7.5M
$828.9M
Total Assets
DRCT
DRCT
TCI
TCI
Q4 25
$20.2M
$1.1B
Q3 25
$22.5M
$1.1B
Q2 25
$23.3M
$1.1B
Q1 25
$23.8M
$1.1B
Q4 24
$26.0M
$1.1B
Q3 24
$31.3M
$1.1B
Q2 24
$48.5M
$1.0B
Q1 24
$52.8M
$1.0B
Debt / Equity
DRCT
DRCT
TCI
TCI
Q4 25
0.25×
Q3 25
0.27×
Q2 25
0.25×
Q1 25
0.24×
Q4 24
0.22×
Q3 24
0.22×
Q2 24
0.21×
Q1 24
0.22×

Cash Flow & Capital Efficiency

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

Metric
DRCT
DRCT
TCI
TCI
Operating Cash FlowLast quarter
$-1.9M
$-2.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRCT
DRCT
TCI
TCI
Q4 25
$-1.9M
$-2.9M
Q3 25
$-1.6M
$8.2M
Q2 25
$-2.7M
$-2.9M
Q1 25
$-2.7M
$-7.4M
Q4 24
$-1.6M
$1.3M
Q3 24
$3.0M
$13.7M
Q2 24
$-4.4M
$-511.0K
Q1 24
$-5.7M
$3.9M
Cash Conversion
DRCT
DRCT
TCI
TCI
Q4 25
-0.35×
Q3 25
11.28×
Q2 25
-17.24×
Q1 25
-1.61×
Q4 24
12.13×
Q3 24
8.03×
Q2 24
-0.34×
Q1 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DRCT
DRCT

Buy Side Advertising$8.2M98%
Other$183.0K2%

TCI
TCI

Segment breakdown not available.

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