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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
CPI Card Group Inc. is the larger business by last-quarter revenue ($153.1M vs $78.2M, roughly 2.0× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 4.8%, a 24.1% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 8.7%). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs 1.8%).
Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.
CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.
EFC vs PMTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $153.1M |
| Net Profit | $22.6M | $7.3M |
| Gross Margin | — | 31.5% |
| Operating Margin | 7.4% | 12.0% |
| Net Margin | 28.9% | 4.8% |
| Revenue YoY | 8.7% | 22.3% |
| Net Profit YoY | -26.2% | 8.5% |
| EPS (diluted) | $0.10 | $0.62 |
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.
| Q4 25 | $78.2M | $153.1M | ||
| Q3 25 | $82.8M | $138.0M | ||
| Q2 25 | $92.5M | $129.8M | ||
| Q1 25 | $82.9M | $122.8M | ||
| Q4 24 | $72.0M | $125.1M | ||
| Q3 24 | $67.0M | $124.8M | ||
| Q2 24 | $91.2M | $118.8M | ||
| Q1 24 | $75.5M | $111.9M |
| Q4 25 | $22.6M | $7.3M | ||
| Q3 25 | $29.5M | $2.3M | ||
| Q2 25 | $42.9M | $518.0K | ||
| Q1 25 | $31.6M | $4.8M | ||
| Q4 24 | $30.7M | $6.8M | ||
| Q3 24 | $16.2M | $1.3M | ||
| Q2 24 | $52.3M | $6.0M | ||
| Q1 24 | $26.9M | $5.5M |
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | 33.2% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 35.7% | ||
| Q1 24 | — | 37.1% |
| Q4 25 | 7.4% | 12.0% | ||
| Q3 25 | 31.1% | 9.4% | ||
| Q2 25 | 38.3% | 7.3% | ||
| Q1 25 | 37.3% | 11.5% | ||
| Q4 24 | 28.0% | 12.7% | ||
| Q3 24 | 24.0% | 14.3% | ||
| Q2 24 | 52.8% | 12.5% | ||
| Q1 24 | 42.2% | 12.6% |
| Q4 25 | 28.9% | 4.8% | ||
| Q3 25 | 35.7% | 1.7% | ||
| Q2 25 | 46.4% | 0.4% | ||
| Q1 25 | 38.2% | 3.9% | ||
| Q4 24 | 42.6% | 5.4% | ||
| Q3 24 | 24.1% | 1.0% | ||
| Q2 24 | 57.4% | 5.1% | ||
| Q1 24 | 35.6% | 4.9% |
| Q4 25 | $0.10 | $0.62 | ||
| Q3 25 | $0.29 | $0.19 | ||
| Q2 25 | $0.45 | $0.04 | ||
| Q1 25 | $0.35 | $0.40 | ||
| Q4 24 | $0.23 | $0.56 | ||
| Q3 24 | $0.19 | $0.11 | ||
| Q2 24 | $0.62 | $0.51 | ||
| Q1 24 | $0.32 | $0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $201.9M | $21.7M |
| Total DebtLower is stronger | — | $286.7M |
| Stockholders' EquityBook value | $1.8B | $-17.3M |
| Total Assets | $19.4B | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $201.9M | $21.7M | ||
| Q3 25 | $184.8M | $16.0M | ||
| Q2 25 | $211.0M | $17.1M | ||
| Q1 25 | $203.3M | $31.5M | ||
| Q4 24 | $192.4M | $33.5M | ||
| Q3 24 | $217.7M | $14.7M | ||
| Q2 24 | $198.5M | $7.5M | ||
| Q1 24 | $187.5M | $17.1M |
| Q4 25 | — | $286.7M | ||
| Q3 25 | — | $308.4M | ||
| Q2 25 | — | $310.9M | ||
| Q1 25 | — | $280.7M | ||
| Q4 24 | — | $280.4M | ||
| Q3 24 | — | $280.2M | ||
| Q2 24 | — | $269.7M | ||
| Q1 24 | — | $265.3M |
| Q4 25 | $1.8B | $-17.3M | ||
| Q3 25 | $1.8B | $-25.7M | ||
| Q2 25 | $1.7B | $-29.0M | ||
| Q1 25 | $1.6B | $-29.7M | ||
| Q4 24 | $1.6B | $-35.6M | ||
| Q3 24 | $1.6B | $-42.8M | ||
| Q2 24 | $1.6B | $-44.6M | ||
| Q1 24 | $1.5B | $-48.5M |
| Q4 25 | $19.4B | $403.2M | ||
| Q3 25 | $17.8B | $407.1M | ||
| Q2 25 | $17.1B | $399.8M | ||
| Q1 25 | $16.6B | $351.9M | ||
| Q4 24 | $16.3B | $349.7M | ||
| Q3 24 | $16.0B | $342.3M | ||
| Q2 24 | $15.1B | $321.4M | ||
| Q1 24 | $15.1B | $319.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-925.5M | $39.6M |
| Free Cash FlowOCF − Capex | — | $35.2M |
| FCF MarginFCF / Revenue | — | 23.0% |
| Capex IntensityCapex / Revenue | 0.0% | 2.9% |
| Cash ConversionOCF / Net Profit | -40.92× | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-925.5M | $39.6M | ||
| Q3 25 | $-290.4M | $10.0M | ||
| Q2 25 | $-210.5M | $4.3M | ||
| Q1 25 | $-126.4M | $5.6M | ||
| Q4 24 | $-430.5M | $26.7M | ||
| Q3 24 | $-141.7M | $12.5M | ||
| Q2 24 | $-88.6M | $-4.8M | ||
| Q1 24 | $-59.5M | $8.9M |
| Q4 25 | — | $35.2M | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | — | $533.0K | ||
| Q1 25 | — | $292.0K | ||
| Q4 24 | — | $21.6M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | — | $-6.0M | ||
| Q1 24 | — | $7.4M |
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 17.3% | ||
| Q3 24 | — | 8.9% | ||
| Q2 24 | — | -5.0% | ||
| Q1 24 | — | 6.6% |
| Q4 25 | 0.0% | 2.9% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | 0.0% | 4.0% | ||
| Q3 24 | 0.0% | 1.2% | ||
| Q2 24 | 0.0% | 1.0% | ||
| Q1 24 | 0.0% | 1.3% |
| Q4 25 | -40.92× | 5.39× | ||
| Q3 25 | -9.84× | 4.32× | ||
| Q2 25 | -4.90× | 8.39× | ||
| Q1 25 | -3.99× | 1.17× | ||
| Q4 24 | -14.04× | 3.94× | ||
| Q3 24 | -8.76× | 9.70× | ||
| Q2 24 | -1.69× | -0.79× | ||
| Q1 24 | -2.21× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EFC
Segment breakdown not available.
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
