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Side-by-side financial comparison of First Foundation Inc. (FFWM) and Sanara MedTech Inc. (SMTI). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $27.5M, roughly 1.8× Sanara MedTech Inc.). Sanara MedTech Inc. runs the higher net margin — -5.9% vs -97.9%, a 92.0% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 4.6%). Sanara MedTech Inc. produced more free cash flow last quarter ($3.9M vs $-35.2M). Over the past eight quarters, Sanara MedTech Inc.'s revenue compounded faster (21.8% CAGR vs -2.7%).

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

Sanara MedTech Inc. is a US-based medical technology company that develops, manufactures, and distributes innovative surgical, wound care, and post-acute rehabilitation products. It mainly serves healthcare providers, hospitals, and long-term care facilities across North America, with a portfolio of FDA-cleared solutions designed to improve patient outcomes and lower clinical care operational costs.

FFWM vs SMTI — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.8× larger
FFWM
$48.4M
$27.5M
SMTI
Growing faster (revenue YoY)
FFWM
FFWM
+417.1% gap
FFWM
421.7%
4.6%
SMTI
Higher net margin
SMTI
SMTI
92.0% more per $
SMTI
-5.9%
-97.9%
FFWM
More free cash flow
SMTI
SMTI
$39.1M more FCF
SMTI
$3.9M
$-35.2M
FFWM
Faster 2-yr revenue CAGR
SMTI
SMTI
Annualised
SMTI
21.8%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFWM
FFWM
SMTI
SMTI
Revenue
$48.4M
$27.5M
Net Profit
$-8.0M
$-1.6M
Gross Margin
93.2%
Operating Margin
-97.5%
23.5%
Net Margin
-97.9%
-5.9%
Revenue YoY
421.7%
4.6%
Net Profit YoY
43.0%
5.3%
EPS (diluted)
$-0.09
$-0.32

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
SMTI
SMTI
Q4 25
$48.4M
$27.5M
Q3 25
$63.6M
$26.3M
Q2 25
$51.4M
$25.8M
Q1 25
$71.4M
$23.4M
Q4 24
$9.3M
$26.3M
Q3 24
$9.2M
$21.7M
Q2 24
$57.5M
$20.2M
Q1 24
$51.1M
$18.5M
Net Profit
FFWM
FFWM
SMTI
SMTI
Q4 25
$-8.0M
$-1.6M
Q3 25
$-146.3M
$-30.4M
Q2 25
$-7.7M
$-2.0M
Q1 25
$6.9M
$-3.5M
Q4 24
$-14.1M
$-1.7M
Q3 24
$-82.2M
$-2.9M
Q2 24
$3.1M
$-3.5M
Q1 24
$793.0K
$-1.8M
Gross Margin
FFWM
FFWM
SMTI
SMTI
Q4 25
93.2%
Q3 25
92.9%
Q2 25
92.5%
Q1 25
92.2%
Q4 24
91.4%
Q3 24
90.8%
Q2 24
90.0%
Q1 24
89.8%
Operating Margin
FFWM
FFWM
SMTI
SMTI
Q4 25
-97.5%
23.5%
Q3 25
-92.7%
11.2%
Q2 25
-21.1%
-0.1%
Q1 25
8.8%
-8.9%
Q4 24
-247.7%
18.6%
Q3 24
-1276.7%
3.6%
Q2 24
4.6%
-14.3%
Q1 24
-0.2%
-8.3%
Net Margin
FFWM
FFWM
SMTI
SMTI
Q4 25
-97.9%
-5.9%
Q3 25
-230.1%
-115.5%
Q2 25
-15.0%
-7.8%
Q1 25
9.7%
-15.1%
Q4 24
-152.2%
-6.5%
Q3 24
-896.9%
-13.2%
Q2 24
5.4%
-17.4%
Q1 24
1.6%
-9.5%
EPS (diluted)
FFWM
FFWM
SMTI
SMTI
Q4 25
$-0.09
$-0.32
Q3 25
$-1.78
$-3.40
Q2 25
$-0.09
$-0.23
Q1 25
$0.08
$-0.41
Q4 24
$-0.24
$-0.18
Q3 24
$-1.23
$-0.34
Q2 24
$0.05
$-0.41
Q1 24
$0.01
$-0.21

Balance Sheet & Financial Strength

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

Metric
FFWM
FFWM
SMTI
SMTI
Cash + ST InvestmentsLiquidity on hand
$1.6B
$16.6M
Total DebtLower is stronger
$46.0M
Stockholders' EquityBook value
$912.6M
$5.9M
Total Assets
$11.9B
$72.9M
Debt / EquityLower = less leverage
7.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
SMTI
SMTI
Q4 25
$1.6B
$16.6M
Q3 25
$1.7B
$14.9M
Q2 25
$1.1B
$17.0M
Q1 25
$1.0B
$20.7M
Q4 24
$1.0B
$15.9M
Q3 24
$1.1B
$16.3M
Q2 24
$1.4B
$6.2M
Q1 24
$1.6B
$2.8M
Total Debt
FFWM
FFWM
SMTI
SMTI
Q4 25
$46.0M
Q3 25
$45.1M
Q2 25
$44.2M
Q1 25
$43.4M
Q4 24
$30.7M
Q3 24
$30.1M
Q2 24
$14.4M
Q1 24
$9.7M
Stockholders' Equity
FFWM
FFWM
SMTI
SMTI
Q4 25
$912.6M
$5.9M
Q3 25
$917.9M
$6.1M
Q2 25
$1.1B
$35.4M
Q1 25
$1.1B
$36.7M
Q4 24
$1.1B
$39.4M
Q3 24
$1.1B
$39.8M
Q2 24
$933.2M
$41.7M
Q1 24
$928.7M
$43.3M
Total Assets
FFWM
FFWM
SMTI
SMTI
Q4 25
$11.9B
$72.9M
Q3 25
$11.9B
$71.1M
Q2 25
$11.6B
$98.8M
Q1 25
$12.6B
$96.4M
Q4 24
$12.6B
$88.1M
Q3 24
$13.4B
$88.5M
Q2 24
$13.7B
$73.4M
Q1 24
$13.6B
$70.9M
Debt / Equity
FFWM
FFWM
SMTI
SMTI
Q4 25
7.74×
Q3 25
7.33×
Q2 25
1.25×
Q1 25
1.18×
Q4 24
0.78×
Q3 24
0.76×
Q2 24
0.34×
Q1 24
0.22×

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
SMTI
SMTI
Operating Cash FlowLast quarter
$-31.9M
$3.9M
Free Cash FlowOCF − Capex
$-35.2M
$3.9M
FCF MarginFCF / Revenue
-72.8%
14.0%
Capex IntensityCapex / Revenue
6.9%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.9M
$2.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
SMTI
SMTI
Q4 25
$-31.9M
$3.9M
Q3 25
$9.2M
$2.2M
Q2 25
$-16.3M
$2.7M
Q1 25
$-552.0K
$-2.0M
Q4 24
$-8.7M
$932.0K
Q3 24
$14.2M
$2.1M
Q2 24
$-9.1M
$-1.4M
Q1 24
$7.2M
$-1.6M
Free Cash Flow
FFWM
FFWM
SMTI
SMTI
Q4 25
$-35.2M
$3.9M
Q3 25
$8.6M
$1.1M
Q2 25
$-16.7M
$902.7K
Q1 25
$-2.5M
$-3.7M
Q4 24
$-11.4M
$859.9K
Q3 24
$13.4M
$2.0M
Q2 24
$-9.4M
$-1.5M
Q1 24
$5.9M
$-1.7M
FCF Margin
FFWM
FFWM
SMTI
SMTI
Q4 25
-72.8%
14.0%
Q3 25
13.5%
4.2%
Q2 25
-32.4%
3.5%
Q1 25
-3.5%
-15.9%
Q4 24
-123.5%
3.3%
Q3 24
146.2%
9.4%
Q2 24
-16.3%
-7.3%
Q1 24
11.6%
-9.0%
Capex Intensity
FFWM
FFWM
SMTI
SMTI
Q4 25
6.9%
0.3%
Q3 25
1.0%
4.0%
Q2 25
0.8%
6.8%
Q1 25
2.8%
7.4%
Q4 24
29.4%
0.3%
Q3 24
9.0%
0.0%
Q2 24
0.4%
0.3%
Q1 24
2.5%
0.4%
Cash Conversion
FFWM
FFWM
SMTI
SMTI
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.

Revenue Breakdown by Segment

FFWM
FFWM

Segment breakdown not available.

SMTI
SMTI

Soft Tissue Repair Products$24.7M90%
Bone Fusion Products$2.8M10%

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