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Side-by-side financial comparison of First Foundation Inc. (FFWM) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.
First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $25.6M, roughly 1.9× IT TECH PACKAGING, INC.). IT TECH PACKAGING, INC. runs the higher net margin — -5.7% vs -97.9%, a 92.2% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 2.1%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $-35.2M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs -2.7%).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
FFWM vs ITP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $25.6M |
| Net Profit | $-8.0M | $-1.4M |
| Gross Margin | — | 7.9% |
| Operating Margin | -97.5% | -3.9% |
| Net Margin | -97.9% | -5.7% |
| Revenue YoY | 421.7% | 2.1% |
| Net Profit YoY | 43.0% | 26.6% |
| EPS (diluted) | $-0.09 | $-0.11 |
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 | $48.4M | — | ||
| Q3 25 | $63.6M | $25.6M | ||
| Q2 25 | $51.4M | $24.8M | ||
| Q1 25 | $71.4M | $10.9M | ||
| Q4 24 | $9.3M | $17.6M | ||
| Q3 24 | $9.2M | $25.1M | ||
| Q2 24 | $57.5M | $26.2M | ||
| Q1 24 | $51.1M | $6.9M |
| Q4 25 | $-8.0M | — | ||
| Q3 25 | $-146.3M | $-1.4M | ||
| Q2 25 | $-7.7M | $-2.0M | ||
| Q1 25 | $6.9M | $-3.5M | ||
| Q4 24 | $-14.1M | $-4.0M | ||
| Q3 24 | $-82.2M | $-2.0M | ||
| Q2 24 | $3.1M | $-77.7K | ||
| Q1 24 | $793.0K | $-3.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 12.4% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | -97.5% | — | ||
| Q3 25 | -92.7% | -3.9% | ||
| Q2 25 | -21.1% | -7.1% | ||
| Q1 25 | 8.8% | -31.0% | ||
| Q4 24 | -247.7% | -21.5% | ||
| Q3 24 | -1276.7% | -5.8% | ||
| Q2 24 | 4.6% | 2.1% | ||
| Q1 24 | -0.2% | -51.0% |
| Q4 25 | -97.9% | — | ||
| Q3 25 | -230.1% | -5.7% | ||
| Q2 25 | -15.0% | -7.9% | ||
| Q1 25 | 9.7% | -32.2% | ||
| Q4 24 | -152.2% | -22.9% | ||
| Q3 24 | -896.9% | -7.9% | ||
| Q2 24 | 5.4% | -0.3% | ||
| Q1 24 | 1.6% | -54.6% |
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-1.78 | $-0.11 | ||
| Q2 25 | $-0.09 | $-0.16 | ||
| Q1 25 | $0.08 | $-0.35 | ||
| Q4 24 | $-0.24 | $-0.40 | ||
| Q3 24 | $-1.23 | $-0.20 | ||
| Q2 24 | $0.05 | $-0.01 | ||
| Q1 24 | $0.01 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | — |
| Total DebtLower is stronger | — | $4.7M |
| Stockholders' EquityBook value | $912.6M | $152.0M |
| Total Assets | $11.9B | $175.7M |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.6B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $4.7M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $11.3M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | $912.6M | — | ||
| Q3 25 | $917.9M | $152.0M | ||
| Q2 25 | $1.1B | $152.3M | ||
| Q1 25 | $1.1B | $152.8M | ||
| Q4 24 | $1.1B | $156.1M | ||
| Q3 24 | $1.1B | $164.3M | ||
| Q2 24 | $933.2M | $163.5M | ||
| Q1 24 | $928.7M | $164.3M |
| Q4 25 | $11.9B | — | ||
| Q3 25 | $11.9B | $175.7M | ||
| Q2 25 | $11.6B | $175.2M | ||
| Q1 25 | $12.6B | $175.2M | ||
| Q4 24 | $12.6B | $177.5M | ||
| Q3 24 | $13.4B | $190.0M | ||
| Q2 24 | $13.7B | $191.4M | ||
| Q1 24 | $13.6B | $177.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.07× |
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 | $-31.9M | $1.5M |
| Free Cash FlowOCF − Capex | $-35.2M | $1.5M |
| FCF MarginFCF / Revenue | -72.8% | 5.9% |
| Capex IntensityCapex / Revenue | 6.9% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | $3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.9M | — | ||
| Q3 25 | $9.2M | $1.5M | ||
| Q2 25 | $-16.3M | $1.4M | ||
| Q1 25 | $-552.0K | $-2.5M | ||
| Q4 24 | $-8.7M | $3.5M | ||
| Q3 24 | $14.2M | $1.5M | ||
| Q2 24 | $-9.1M | $721.9K | ||
| Q1 24 | $7.2M | $624.4K |
| Q4 25 | $-35.2M | — | ||
| Q3 25 | $8.6M | $1.5M | ||
| Q2 25 | $-16.7M | $1.3M | ||
| Q1 25 | $-2.5M | $-2.5M | ||
| Q4 24 | $-11.4M | $3.5M | ||
| Q3 24 | $13.4M | $1.2M | ||
| Q2 24 | $-9.4M | $668.3K | ||
| Q1 24 | $5.9M | $615.4K |
| Q4 25 | -72.8% | — | ||
| Q3 25 | 13.5% | 5.9% | ||
| Q2 25 | -32.4% | 5.4% | ||
| Q1 25 | -3.5% | -22.8% | ||
| Q4 24 | -123.5% | 19.6% | ||
| Q3 24 | 146.2% | 4.9% | ||
| Q2 24 | -16.3% | 2.5% | ||
| Q1 24 | 11.6% | 9.0% |
| Q4 25 | 6.9% | — | ||
| Q3 25 | 1.0% | 0.0% | ||
| Q2 25 | 0.8% | 0.1% | ||
| Q1 25 | 2.8% | 0.1% | ||
| Q4 24 | 29.4% | 0.1% | ||
| Q3 24 | 9.0% | 1.0% | ||
| Q2 24 | 0.4% | 0.2% | ||
| Q1 24 | 2.5% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.96× | — | ||
| Q1 24 | 9.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
