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Side-by-side financial comparison of EMPIRE PETROLEUM CORP (EP) and FIRST CAPITAL INC (FCAP). Click either name above to swap in a different company.

FIRST CAPITAL INC is the larger business by last-quarter revenue ($13.5M vs $7.1M, roughly 1.9× EMPIRE PETROLEUM CORP). FIRST CAPITAL INC runs the higher net margin — 36.2% vs -835.1%, a 871.3% gap on every dollar of revenue. On growth, FIRST CAPITAL INC posted the faster year-over-year revenue change (19.0% vs -30.0%). Over the past eight quarters, FIRST CAPITAL INC's revenue compounded faster (13.4% CAGR vs -13.3%).

The Iraq Petroleum Company (IPC), formerly known as the Turkish Petroleum Company (TPC), is an oil company that had a virtual monopoly on all oil exploration and production in Iraq between 1925 and 1961. It was jointly owned by some of the world's largest oil companies and headquartered in London, England.

Capital First Ltd, formerly known as Future Capital Holdings, was an Indian non-bank financial institution which provided debt financing. In December 2018, it was merged into IDFC Bank to form IDFC First Bank. The company was listed on the NSE and BSE prior to the merger.

EP vs FCAP — Head-to-Head

Bigger by revenue
FCAP
FCAP
1.9× larger
FCAP
$13.5M
$7.1M
EP
Growing faster (revenue YoY)
FCAP
FCAP
+49.0% gap
FCAP
19.0%
-30.0%
EP
Higher net margin
FCAP
FCAP
871.3% more per $
FCAP
36.2%
-835.1%
EP
Faster 2-yr revenue CAGR
FCAP
FCAP
Annualised
FCAP
13.4%
-13.3%
EP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EP
EP
FCAP
FCAP
Revenue
$7.1M
$13.5M
Net Profit
$-59.0M
$4.9M
Gross Margin
Operating Margin
-834.5%
Net Margin
-835.1%
36.2%
Revenue YoY
-30.0%
19.0%
Net Profit YoY
-1306.0%
49.6%
EPS (diluted)
$-1.74
$1.45

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
EP
EP
FCAP
FCAP
Q4 25
$7.1M
$13.5M
Q3 25
$9.4M
$13.3M
Q2 25
$8.8M
$12.4M
Q1 25
$9.0M
$11.4M
Q4 24
$10.1M
$11.3M
Q3 24
$11.4M
$10.9M
Q2 24
$12.8M
$10.7M
Q1 24
$9.4M
$10.5M
Net Profit
EP
EP
FCAP
FCAP
Q4 25
$-59.0M
$4.9M
Q3 25
$-3.8M
$4.5M
Q2 25
$-5.1M
$3.8M
Q1 25
$-4.2M
$3.2M
Q4 24
$-4.2M
$3.3M
Q3 24
$-3.6M
$2.9M
Q2 24
$-4.4M
$2.8M
Q1 24
$-4.0M
$3.0M
Operating Margin
EP
EP
FCAP
FCAP
Q4 25
-834.5%
Q3 25
-37.8%
41.8%
Q2 25
-56.0%
37.2%
Q1 25
-43.9%
34.2%
Q4 24
-38.9%
34.8%
Q3 24
-30.0%
31.5%
Q2 24
-15.0%
31.1%
Q1 24
-46.8%
33.0%
Net Margin
EP
EP
FCAP
FCAP
Q4 25
-835.1%
36.2%
Q3 25
-40.9%
33.8%
Q2 25
-57.8%
30.4%
Q1 25
-46.9%
28.3%
Q4 24
-41.6%
28.8%
Q3 24
-32.0%
26.5%
Q2 24
-34.3%
26.5%
Q1 24
-42.3%
28.1%
EPS (diluted)
EP
EP
FCAP
FCAP
Q4 25
$-1.74
$1.45
Q3 25
$-0.11
$1.34
Q2 25
$-0.15
$1.13
Q1 25
$-0.12
$0.97
Q4 24
$-0.12
$0.97
Q3 24
$-0.12
$0.87
Q2 24
$-0.15
$0.85
Q1 24
$-0.15
$0.88

Balance Sheet & Financial Strength

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

Metric
EP
EP
FCAP
FCAP
Cash + ST InvestmentsLiquidity on hand
$1.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.6M
$137.8M
Total Assets
$65.9M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EP
EP
FCAP
FCAP
Q4 25
$1.2M
Q3 25
$4.6M
Q2 25
$2.3M
Q1 25
$1.1M
Q4 24
$2.3M
Q3 24
$3.1M
Q2 24
$9.3M
Q1 24
$3.5M
Total Debt
EP
EP
FCAP
FCAP
Q4 25
Q3 25
$15.2M
Q2 25
$14.6M
Q1 25
$11.6M
Q4 24
$11.3M
Q3 24
$8.5M
Q2 24
$8.5M
Q1 24
$8.5M
Stockholders' Equity
EP
EP
FCAP
FCAP
Q4 25
$-4.6M
$137.8M
Q3 25
$53.7M
$132.4M
Q2 25
$54.5M
$123.2M
Q1 25
$59.1M
$120.1M
Q4 24
$62.8M
$114.6M
Q3 24
$56.5M
$116.8M
Q2 24
$58.7M
$107.8M
Q1 24
$31.7M
$105.7M
Total Assets
EP
EP
FCAP
FCAP
Q4 25
$65.9M
$1.3B
Q3 25
$123.0M
$1.2B
Q2 25
$124.7M
$1.2B
Q1 25
$123.7M
$1.2B
Q4 24
$123.9M
$1.2B
Q3 24
$121.2M
$1.2B
Q2 24
$119.9M
$1.2B
Q1 24
$100.1M
$1.2B
Debt / Equity
EP
EP
FCAP
FCAP
Q4 25
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.20×
Q4 24
0.18×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
EP
EP
FCAP
FCAP
Operating Cash FlowLast quarter
$-2.8M
$21.3M
Free Cash FlowOCF − Capex
$19.9M
FCF MarginFCF / Revenue
147.7%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
4.36×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EP
EP
FCAP
FCAP
Q4 25
$-2.8M
$21.3M
Q3 25
$330.0K
$7.9M
Q2 25
$-3.1M
$3.7M
Q1 25
$1.6M
$4.4M
Q4 24
$-8.8M
$22.3M
Q3 24
$12.8M
$7.6M
Q2 24
$-1.8M
$3.5M
Q1 24
$3.9M
$7.2M
Free Cash Flow
EP
EP
FCAP
FCAP
Q4 25
$19.9M
Q3 25
$7.8M
Q2 25
$3.5M
Q1 25
$4.2M
Q4 24
$21.6M
Q3 24
$7.5M
Q2 24
$3.3M
Q1 24
$7.1M
FCF Margin
EP
EP
FCAP
FCAP
Q4 25
147.7%
Q3 25
58.6%
Q2 25
27.8%
Q1 25
36.5%
Q4 24
190.7%
Q3 24
68.6%
Q2 24
31.2%
Q1 24
67.2%
Capex Intensity
EP
EP
FCAP
FCAP
Q4 25
10.0%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
6.3%
Q3 24
0.8%
Q2 24
1.4%
Q1 24
1.5%
Cash Conversion
EP
EP
FCAP
FCAP
Q4 25
4.36×
Q3 25
1.77×
Q2 25
0.99×
Q1 25
1.36×
Q4 24
6.84×
Q3 24
2.62×
Q2 24
1.23×
Q1 24
2.45×

Financial Flow Comparison

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

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