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Side-by-side financial comparison of First Foundation Inc. (FFWM) and TSS, Inc. (TSSI). Click either name above to swap in a different company.
TSS, Inc. is the larger business by last-quarter revenue ($60.9M vs $48.4M, roughly 1.3× First Foundation Inc.). TSS, Inc. runs the higher net margin — 20.0% vs -97.9%, a 117.8% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 21.8%). TSS, Inc. produced more free cash flow last quarter ($15.8M vs $-35.2M). Over the past eight quarters, TSS, Inc.'s revenue compounded faster (95.8% CAGR vs -2.7%).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
FFWM vs TSSI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $60.9M |
| Net Profit | $-8.0M | $12.2M |
| Gross Margin | — | 17.6% |
| Operating Margin | -97.5% | 1.5% |
| Net Margin | -97.9% | 20.0% |
| Revenue YoY | 421.7% | 21.8% |
| Net Profit YoY | 43.0% | 535.7% |
| EPS (diluted) | $-0.09 | $0.44 |
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 | $60.9M | ||
| Q3 25 | $63.6M | $41.9M | ||
| Q2 25 | $51.4M | $44.0M | ||
| Q1 25 | $71.4M | $99.0M | ||
| Q4 24 | $9.3M | $50.0M | ||
| Q3 24 | $9.2M | $70.1M | ||
| Q2 24 | $57.5M | $12.2M | ||
| Q1 24 | $51.1M | $15.9M |
| Q4 25 | $-8.0M | $12.2M | ||
| Q3 25 | $-146.3M | $-1.5M | ||
| Q2 25 | $-7.7M | $1.5M | ||
| Q1 25 | $6.9M | $3.0M | ||
| Q4 24 | $-14.1M | $1.9M | ||
| Q3 24 | $-82.2M | $2.6M | ||
| Q2 24 | $3.1M | $1.4M | ||
| Q1 24 | $793.0K | $15.0K |
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 11.3% | ||
| Q2 24 | — | 37.3% | ||
| Q1 24 | — | 17.1% |
| Q4 25 | -97.5% | 1.5% | ||
| Q3 25 | -92.7% | -2.2% | ||
| Q2 25 | -21.1% | 5.1% | ||
| Q1 25 | 8.8% | 4.2% | ||
| Q4 24 | -247.7% | 0.0% | ||
| Q3 24 | -1276.7% | 5.4% | ||
| Q2 24 | 4.6% | 14.0% | ||
| Q1 24 | -0.2% | 1.6% |
| Q4 25 | -97.9% | 20.0% | ||
| Q3 25 | -230.1% | -3.6% | ||
| Q2 25 | -15.0% | 3.4% | ||
| Q1 25 | 9.7% | 3.0% | ||
| Q4 24 | -152.2% | 3.8% | ||
| Q3 24 | -896.9% | 3.8% | ||
| Q2 24 | 5.4% | 11.5% | ||
| Q1 24 | 1.6% | 0.1% |
| Q4 25 | $-0.09 | $0.44 | ||
| Q3 25 | $-1.78 | $-0.06 | ||
| Q2 25 | $-0.09 | $0.06 | ||
| Q1 25 | $0.08 | $0.12 | ||
| Q4 24 | $-0.24 | $0.08 | ||
| Q3 24 | $-1.23 | $0.10 | ||
| Q2 24 | $0.05 | $0.06 | ||
| Q1 24 | $0.01 | $0.00 |
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 | $85.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $912.6M | $76.6M |
| Total Assets | $11.9B | $184.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $85.5M | ||
| Q3 25 | $1.7B | $70.7M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $23.2M | ||
| Q3 24 | $1.1B | $46.4M | ||
| Q2 24 | $1.4B | $8.3M | ||
| Q1 24 | $1.6B | $14.4M |
| Q4 25 | $912.6M | $76.6M | ||
| Q3 25 | $917.9M | $63.4M | ||
| Q2 25 | $1.1B | $9.5M | ||
| Q1 25 | $1.1B | $9.4M | ||
| Q4 24 | $1.1B | $7.1M | ||
| Q3 24 | $1.1B | $7.7M | ||
| Q2 24 | $933.2M | $5.2M | ||
| Q1 24 | $928.7M | $3.7M |
| Q4 25 | $11.9B | $184.9M | ||
| Q3 25 | $11.9B | $165.4M | ||
| Q2 25 | $11.6B | $139.5M | ||
| Q1 25 | $12.6B | $113.5M | ||
| Q4 24 | $12.6B | $96.6M | ||
| Q3 24 | $13.4B | $67.3M | ||
| Q2 24 | $13.7B | $28.9M | ||
| Q1 24 | $13.6B | $26.8M |
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 | $-31.9M | $16.3M |
| Free Cash FlowOCF − Capex | $-35.2M | $15.8M |
| FCF MarginFCF / Revenue | -72.8% | 25.9% |
| Capex IntensityCapex / Revenue | 6.9% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | $2.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.9M | $16.3M | ||
| Q3 25 | $9.2M | $-18.4M | ||
| Q2 25 | $-16.3M | $16.3M | ||
| Q1 25 | $-552.0K | $20.6M | ||
| Q4 24 | $-8.7M | $-21.6M | ||
| Q3 24 | $14.2M | $38.6M | ||
| Q2 24 | $-9.1M | $-4.3M | ||
| Q1 24 | $7.2M | $2.6M |
| Q4 25 | $-35.2M | $15.8M | ||
| Q3 25 | $8.6M | $-24.9M | ||
| Q2 25 | $-16.7M | $5.4M | ||
| Q1 25 | $-2.5M | $5.8M | ||
| Q4 24 | $-11.4M | $-28.4M | ||
| Q3 24 | $13.4M | $38.6M | ||
| Q2 24 | $-9.4M | $-6.0M | ||
| Q1 24 | $5.9M | $2.6M |
| Q4 25 | -72.8% | 25.9% | ||
| Q3 25 | 13.5% | -59.3% | ||
| Q2 25 | -32.4% | 12.3% | ||
| Q1 25 | -3.5% | 5.8% | ||
| Q4 24 | -123.5% | -56.7% | ||
| Q3 24 | 146.2% | 55.1% | ||
| Q2 24 | -16.3% | -49.4% | ||
| Q1 24 | 11.6% | 16.4% |
| Q4 25 | 6.9% | 0.9% | ||
| Q3 25 | 1.0% | 15.3% | ||
| Q2 25 | 0.8% | 24.8% | ||
| Q1 25 | 2.8% | 15.0% | ||
| Q4 24 | 29.4% | 13.4% | ||
| Q3 24 | 9.0% | 0.1% | ||
| Q2 24 | 0.4% | 13.8% | ||
| Q1 24 | 2.5% | 0.2% |
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 11.02× | ||
| Q1 25 | -0.08× | 6.93× | ||
| Q4 24 | — | -11.32× | ||
| Q3 24 | — | 14.60× | ||
| Q2 24 | -2.96× | -3.09× | ||
| Q1 24 | 9.09× | 176.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FFWM
Segment breakdown not available.
TSSI
| Procurement Revenues Segment | $43.2M | 71% |
| System Integration Services Segment | $14.2M | 23% |
| Facilities Segment | $3.5M | 6% |
