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Side-by-side financial comparison of ECB Bancorp, Inc. (ECBK) and Recon Technology, Ltd (RCON). Click either name above to swap in a different company.

Recon Technology, Ltd is the larger business by last-quarter revenue ($12.2M vs $9.5M, roughly 1.3× ECB Bancorp, Inc.). ECB Bancorp, Inc. runs the higher net margin — 27.3% vs -6.8%, a 34.1% gap on every dollar of revenue. On growth, Recon Technology, Ltd posted the faster year-over-year revenue change (111.0% vs 33.8%).

ECB Bancorp, Inc. (MD) is a US-based bank holding company. It offers a full suite of retail and commercial banking products including deposit accounts, consumer loans, commercial financing and wealth management solutions, primarily serving individuals and small-to-mid enterprises across local markets in Maryland.

Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.

ECBK vs RCON — Head-to-Head

Bigger by revenue
RCON
RCON
1.3× larger
RCON
$12.2M
$9.5M
ECBK
Growing faster (revenue YoY)
RCON
RCON
+77.2% gap
RCON
111.0%
33.8%
ECBK
Higher net margin
ECBK
ECBK
34.1% more per $
ECBK
27.3%
-6.8%
RCON

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ECBK
ECBK
RCON
RCON
Revenue
$9.5M
$12.2M
Net Profit
$2.6M
$-832.7K
Gross Margin
33.5%
Operating Margin
36.7%
-14.6%
Net Margin
27.3%
-6.8%
Revenue YoY
33.8%
111.0%
Net Profit YoY
79.5%
70.5%
EPS (diluted)
$0.32
$-0.09

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
ECBK
ECBK
RCON
RCON
Q4 25
$9.5M
$12.2M
Q3 25
$8.8M
Q2 25
$8.0M
Q1 25
$6.9M
Q4 24
$7.1M
$5.8M
Q3 24
$6.6M
Q2 24
$6.3M
Q1 24
$6.2M
Net Profit
ECBK
ECBK
RCON
RCON
Q4 25
$2.6M
$-832.7K
Q3 25
$2.4M
Q2 25
$1.4M
Q1 25
$1.3M
Q4 24
$1.4M
$-2.8M
Q3 24
$1.1M
Q2 24
$791.0K
Q1 24
$621.0K
Gross Margin
ECBK
ECBK
RCON
RCON
Q4 25
33.5%
Q3 25
Q2 25
Q1 25
Q4 24
31.7%
Q3 24
Q2 24
Q1 24
Operating Margin
ECBK
ECBK
RCON
RCON
Q4 25
36.7%
-14.6%
Q3 25
37.0%
Q2 25
23.9%
Q1 25
24.9%
Q4 24
27.3%
-63.9%
Q3 24
23.3%
Q2 24
16.9%
Q1 24
13.4%
Net Margin
ECBK
ECBK
RCON
RCON
Q4 25
27.3%
-6.8%
Q3 25
27.7%
Q2 25
18.0%
Q1 25
18.7%
Q4 24
20.3%
-48.9%
Q3 24
17.2%
Q2 24
12.6%
Q1 24
10.0%
EPS (diluted)
ECBK
ECBK
RCON
RCON
Q4 25
$0.32
$-0.09
Q3 25
$0.29
Q2 25
$0.17
Q1 25
$0.16
Q4 24
$0.18
$-0.31
Q3 24
$0.14
Q2 24
$0.09
Q1 24
$0.07

Balance Sheet & Financial Strength

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

Metric
ECBK
ECBK
RCON
RCON
Cash + ST InvestmentsLiquidity on hand
$82.8M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$171.9M
$66.4M
Total Assets
$1.6B
$77.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECBK
ECBK
RCON
RCON
Q4 25
$82.8M
$10.7M
Q3 25
$201.9M
Q2 25
$191.0M
Q1 25
$143.7M
Q4 24
$309.4M
$19.9M
Q3 24
$114.8M
Q2 24
$108.7M
Q1 24
$109.8M
Stockholders' Equity
ECBK
ECBK
RCON
RCON
Q4 25
$171.9M
$66.4M
Q3 25
$169.3M
Q2 25
$168.3M
Q1 25
$168.6M
Q4 24
$168.3M
$66.9M
Q3 24
$166.0M
Q2 24
$166.5M
Q1 24
$165.8M
Total Assets
ECBK
ECBK
RCON
RCON
Q4 25
$1.6B
$77.6M
Q3 25
$1.6B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.4B
$74.2M
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.3B

Cash Flow & Capital Efficiency

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

Metric
ECBK
ECBK
RCON
RCON
Operating Cash FlowLast quarter
$9.2M
$-1.9M
Free Cash FlowOCF − Capex
$9.0M
FCF MarginFCF / Revenue
94.7%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECBK
ECBK
RCON
RCON
Q4 25
$9.2M
$-1.9M
Q3 25
$4.0M
Q2 25
$1.9M
Q1 25
$-631.0K
Q4 24
$6.2M
$-1.7M
Q3 24
$861.0K
Q2 24
$1.4M
Q1 24
$-429.0K
Free Cash Flow
ECBK
ECBK
RCON
RCON
Q4 25
$9.0M
Q3 25
$4.0M
Q2 25
$1.8M
Q1 25
$-649.0K
Q4 24
$6.2M
Q3 24
Q2 24
$1.3M
Q1 24
$-449.0K
FCF Margin
ECBK
ECBK
RCON
RCON
Q4 25
94.7%
Q3 25
44.9%
Q2 25
23.0%
Q1 25
-9.4%
Q4 24
86.8%
Q3 24
Q2 24
21.4%
Q1 24
-7.2%
Capex Intensity
ECBK
ECBK
RCON
RCON
Q4 25
2.2%
Q3 25
0.8%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
0.8%
Q3 24
0.0%
Q2 24
0.6%
Q1 24
0.3%
Cash Conversion
ECBK
ECBK
RCON
RCON
Q4 25
3.55×
Q3 25
1.65×
Q2 25
1.32×
Q1 25
-0.49×
Q4 24
4.31×
Q3 24
0.76×
Q2 24
1.75×
Q1 24
-0.69×

Financial Flow Comparison

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

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