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Side-by-side financial comparison of First Foundation Inc. (FFWM) and Jerash Holdings (US), Inc. (JRSH). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $41.8M, roughly 1.2× Jerash Holdings (US), Inc.). Jerash Holdings (US), Inc. runs the higher net margin — 2.8% vs -97.9%, a 100.7% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 18.0%). Jerash Holdings (US), Inc. produced more free cash flow last quarter ($-3.9M vs $-35.2M). Over the past eight quarters, Jerash Holdings (US), Inc.'s revenue compounded faster (39.1% CAGR vs -2.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

Jerash Holdings (US), Inc. is a global apparel manufacturer producing high-quality outerwear, sportswear, casual and performance apparel for renowned international retail and apparel brand clients. Its core markets cover North America, Europe and Asia Pacific, with manufacturing bases in Jordan and Southeast Asia.

FFWM vs JRSH — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.2× larger
FFWM
$48.4M
$41.8M
JRSH
Growing faster (revenue YoY)
FFWM
FFWM
+403.6% gap
FFWM
421.7%
18.0%
JRSH
Higher net margin
JRSH
JRSH
100.7% more per $
JRSH
2.8%
-97.9%
FFWM
More free cash flow
JRSH
JRSH
$31.3M more FCF
JRSH
$-3.9M
$-35.2M
FFWM
Faster 2-yr revenue CAGR
JRSH
JRSH
Annualised
JRSH
39.1%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FFWM
FFWM
JRSH
JRSH
Revenue
$48.4M
$41.8M
Net Profit
$-8.0M
$1.2M
Gross Margin
16.9%
Operating Margin
-97.5%
4.7%
Net Margin
-97.9%
2.8%
Revenue YoY
421.7%
18.0%
Net Profit YoY
43.0%
20261.5%
EPS (diluted)
$-0.09
$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
FFWM
FFWM
JRSH
JRSH
Q4 25
$48.4M
$41.8M
Q3 25
$63.6M
$42.0M
Q2 25
$51.4M
$39.6M
Q1 25
$71.4M
$29.3M
Q4 24
$9.3M
$35.4M
Q3 24
$9.2M
$40.2M
Q2 24
$57.5M
$40.9M
Q1 24
$51.1M
$21.6M
Net Profit
FFWM
FFWM
JRSH
JRSH
Q4 25
$-8.0M
$1.2M
Q3 25
$-146.3M
$461.6K
Q2 25
$-7.7M
$318.7K
Q1 25
$6.9M
$-152.6K
Q4 24
$-14.1M
$-5.8K
Q3 24
$-82.2M
$655.3K
Q2 24
$3.1M
$-1.3M
Q1 24
$793.0K
$-3.1M
Gross Margin
FFWM
FFWM
JRSH
JRSH
Q4 25
16.9%
Q3 25
15.0%
Q2 25
15.4%
Q1 25
17.9%
Q4 24
15.2%
Q3 24
17.5%
Q2 24
11.3%
Q1 24
7.0%
Operating Margin
FFWM
FFWM
JRSH
JRSH
Q4 25
-97.5%
4.7%
Q3 25
-92.7%
2.6%
Q2 25
-21.1%
2.4%
Q1 25
8.8%
1.5%
Q4 24
-247.7%
2.0%
Q3 24
-1276.7%
2.8%
Q2 24
4.6%
-2.0%
Q1 24
-0.2%
-14.0%
Net Margin
FFWM
FFWM
JRSH
JRSH
Q4 25
-97.9%
2.8%
Q3 25
-230.1%
1.1%
Q2 25
-15.0%
0.8%
Q1 25
9.7%
-0.5%
Q4 24
-152.2%
-0.0%
Q3 24
-896.9%
1.6%
Q2 24
5.4%
-3.3%
Q1 24
1.6%
-14.3%
EPS (diluted)
FFWM
FFWM
JRSH
JRSH
Q4 25
$-0.09
$0.09
Q3 25
$-1.78
$0.04
Q2 25
$-0.09
$0.03
Q1 25
$0.08
$-0.01
Q4 24
$-0.24
$0.00
Q3 24
$-1.23
$0.05
Q2 24
$0.05
$-0.11
Q1 24
$0.01
$-0.25

Balance Sheet & Financial Strength

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

Metric
FFWM
FFWM
JRSH
JRSH
Cash + ST InvestmentsLiquidity on hand
$1.6B
$11.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$912.6M
$63.6M
Total Assets
$11.9B
$84.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
JRSH
JRSH
Q4 25
$1.6B
$11.5M
Q3 25
$1.7B
$12.0M
Q2 25
$1.1B
$5.8M
Q1 25
$1.0B
$13.3M
Q4 24
$1.0B
$13.2M
Q3 24
$1.1B
$16.3M
Q2 24
$1.4B
$11.4M
Q1 24
$1.6B
$12.4M
Stockholders' Equity
FFWM
FFWM
JRSH
JRSH
Q4 25
$912.6M
$63.6M
Q3 25
$917.9M
$62.8M
Q2 25
$1.1B
$62.7M
Q1 25
$1.1B
$62.8M
Q4 24
$1.1B
$63.1M
Q3 24
$1.1B
$63.4M
Q2 24
$933.2M
$62.9M
Q1 24
$928.7M
$64.4M
Total Assets
FFWM
FFWM
JRSH
JRSH
Q4 25
$11.9B
$84.2M
Q3 25
$11.9B
$83.3M
Q2 25
$11.6B
$81.7M
Q1 25
$12.6B
$83.0M
Q4 24
$12.6B
$79.8M
Q3 24
$13.4B
$80.3M
Q2 24
$13.7B
$76.7M
Q1 24
$13.6B
$80.2M

Cash Flow & Capital Efficiency

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

Metric
FFWM
FFWM
JRSH
JRSH
Operating Cash FlowLast quarter
$-31.9M
$-3.8M
Free Cash FlowOCF − Capex
$-35.2M
$-3.9M
FCF MarginFCF / Revenue
-72.8%
-9.3%
Capex IntensityCapex / Revenue
6.9%
0.2%
Cash ConversionOCF / Net Profit
-3.25×
TTM Free Cash FlowTrailing 4 quarters
$-45.9M
$-2.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
JRSH
JRSH
Q4 25
$-31.9M
$-3.8M
Q3 25
$9.2M
$6.8M
Q2 25
$-16.3M
$-6.5M
Q1 25
$-552.0K
$1.9M
Q4 24
$-8.7M
$-3.0M
Q3 24
$14.2M
$4.6M
Q2 24
$-9.1M
$-2.2M
Q1 24
$7.2M
$-5.4M
Free Cash Flow
FFWM
FFWM
JRSH
JRSH
Q4 25
$-35.2M
$-3.9M
Q3 25
$8.6M
$6.4M
Q2 25
$-16.7M
$-6.9M
Q1 25
$-2.5M
$1.5M
Q4 24
$-11.4M
$-3.2M
Q3 24
$13.4M
$4.4M
Q2 24
$-9.4M
$-2.3M
Q1 24
$5.9M
$-5.8M
FCF Margin
FFWM
FFWM
JRSH
JRSH
Q4 25
-72.8%
-9.3%
Q3 25
13.5%
15.3%
Q2 25
-32.4%
-17.5%
Q1 25
-3.5%
5.1%
Q4 24
-123.5%
-8.9%
Q3 24
146.2%
11.0%
Q2 24
-16.3%
-5.7%
Q1 24
11.6%
-26.9%
Capex Intensity
FFWM
FFWM
JRSH
JRSH
Q4 25
6.9%
0.2%
Q3 25
1.0%
0.9%
Q2 25
0.8%
1.2%
Q1 25
2.8%
1.6%
Q4 24
29.4%
0.4%
Q3 24
9.0%
0.5%
Q2 24
0.4%
0.3%
Q1 24
2.5%
1.9%
Cash Conversion
FFWM
FFWM
JRSH
JRSH
Q4 25
-3.25×
Q3 25
14.72×
Q2 25
-20.33×
Q1 25
-0.08×
Q4 24
Q3 24
7.06×
Q2 24
-2.96×
Q1 24
9.09×

Financial Flow Comparison

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

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