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Side-by-side financial comparison of Flora Growth Corp. (FLGC) and HWH International Inc. (HWH). Click either name above to swap in a different company.

Flora Growth Corp. runs the higher net margin — 16804.7% vs -140.7%, a 16945.5% gap on every dollar of revenue. On growth, Flora Growth Corp. posted the faster year-over-year revenue change (87.1% vs -40.2%). HWH International Inc. produced more free cash flow last quarter ($-217.9K vs $-3.2M).

Flora Growth Corp is a global cannabis and wellness enterprise cultivating, processing, and distributing premium cannabis and hemp-derived products including consumer goods, skincare lines, and therapeutic formulations. It operates mainly across Latin American, North American, and European markets, serving recreational and medicinal cannabis segments.

HWH International Inc operates in the global luxury hospitality and lifestyle services industry, providing premium travel membership programs, curated high-end travel experiences, and exclusive access to luxury resorts, fine dining venues, and premium leisure facilities. Its key markets include North America, Asia Pacific, and Europe, serving high-net-worth individuals and corporate clients.

FLGC vs HWH — Head-to-Head

Bigger by revenue
HWH
HWH
-0.3× larger
HWH
$206.8K
$-654.0K
FLGC
Growing faster (revenue YoY)
FLGC
FLGC
+127.3% gap
FLGC
87.1%
-40.2%
HWH
Higher net margin
FLGC
FLGC
16945.5% more per $
FLGC
16804.7%
-140.7%
HWH
More free cash flow
HWH
HWH
$3.0M more FCF
HWH
$-217.9K
$-3.2M
FLGC

Income Statement — Q4 2025 vs Q3 2025

Metric
FLGC
FLGC
HWH
HWH
Revenue
$-654.0K
$206.8K
Net Profit
$-109.9M
$-291.0K
Gross Margin
673.4%
59.8%
Operating Margin
22606.0%
-142.7%
Net Margin
16804.7%
-140.7%
Revenue YoY
87.1%
-40.2%
Net Profit YoY
-1692.9%
46.9%
EPS (diluted)
$-34.29

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
FLGC
FLGC
HWH
HWH
Q4 25
$-654.0K
Q3 25
$9.7M
$206.8K
Q2 25
$14.8M
$310.4K
Q1 25
$11.8M
Q4 24
$-5.1M
$287.1K
Q3 24
$7.2M
$345.5K
Q2 24
$15.7M
$334.9K
Q1 24
$286.1K
Net Profit
FLGC
FLGC
HWH
HWH
Q4 25
$-109.9M
Q3 25
$-6.7M
$-291.0K
Q2 25
$-2.4M
$83.4K
Q1 25
$-758.0K
Q4 24
$-6.1M
$-476.7K
Q3 24
$-3.8M
$-548.5K
Q2 24
$-2.6M
$-387.9K
Q1 24
$-1.3M
Gross Margin
FLGC
FLGC
HWH
HWH
Q4 25
673.4%
Q3 25
3.4%
59.8%
Q2 25
19.1%
48.0%
Q1 25
24.5%
Q4 24
104.6%
39.6%
Q3 24
6.8%
46.3%
Q2 24
20.2%
49.2%
Q1 24
57.1%
Operating Margin
FLGC
FLGC
HWH
HWH
Q4 25
22606.0%
Q3 25
-33.5%
-142.7%
Q2 25
-17.3%
24.5%
Q1 25
-8.3%
Q4 24
-170.2%
Q3 24
-29.2%
-155.5%
Q2 24
-22.6%
-120.5%
Q1 24
-467.1%
Net Margin
FLGC
FLGC
HWH
HWH
Q4 25
16804.7%
Q3 25
-68.3%
-140.7%
Q2 25
-16.3%
26.9%
Q1 25
-6.4%
Q4 24
120.5%
-166.1%
Q3 24
-52.1%
-158.7%
Q2 24
-16.8%
-115.8%
Q1 24
-467.2%
EPS (diluted)
FLGC
FLGC
HWH
HWH
Q4 25
$-34.29
Q3 25
$-9.05
Q2 25
$-0.11
Q1 25
$-0.04
Q4 24
$-38.40
Q3 24
$-11.03
Q2 24
$-0.21
Q1 24

Balance Sheet & Financial Strength

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

Metric
FLGC
FLGC
HWH
HWH
Cash + ST InvestmentsLiquidity on hand
$5.6M
$2.9M
Total DebtLower is stronger
$53.5M
Stockholders' EquityBook value
$70.6M
$2.8M
Total Assets
$130.2M
$5.2M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLGC
FLGC
HWH
HWH
Q4 25
$5.6M
Q3 25
$13.1M
$2.9M
Q2 25
$1.5M
$3.7M
Q1 25
$3.7M
Q4 24
$5.2M
$4.4M
Q3 24
$4.2M
$836.3K
Q2 24
$6.1M
$958.9K
Q1 24
$1.1M
Total Debt
FLGC
FLGC
HWH
HWH
Q4 25
$53.5M
Q3 25
Q2 25
Q1 25
Q4 24
$2.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FLGC
FLGC
HWH
HWH
Q4 25
$70.6M
Q3 25
$64.9M
$2.8M
Q2 25
$4.0M
$3.2M
Q1 25
$4.8M
Q4 24
$4.5M
$2.8M
Q3 24
$4.3M
$-374.9K
Q2 24
$7.3M
$-3.6M
Q1 24
$-3.1M
Total Assets
FLGC
FLGC
HWH
HWH
Q4 25
$130.2M
Q3 25
$74.0M
$5.2M
Q2 25
$22.7M
$10.6M
Q1 25
$22.4M
Q4 24
$26.2M
$6.4M
Q3 24
$29.3M
$2.9M
Q2 24
$30.1M
$3.1M
Q1 24
$2.6M
Debt / Equity
FLGC
FLGC
HWH
HWH
Q4 25
0.76×
Q3 25
Q2 25
Q1 25
Q4 24
0.46×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FLGC
FLGC
HWH
HWH
Operating Cash FlowLast quarter
$-3.2M
$-199.9K
Free Cash FlowOCF − Capex
$-3.2M
$-217.9K
FCF MarginFCF / Revenue
487.6%
-105.4%
Capex IntensityCapex / Revenue
-4.4%
8.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLGC
FLGC
HWH
HWH
Q4 25
$-3.2M
Q3 25
$100.0K
$-199.9K
Q2 25
$-2.9M
$26.9K
Q1 25
$-2.7M
Q4 24
$-1.3M
$-415.2K
Q3 24
$-2.1M
$-275.0K
Q2 24
$-265.0K
$-490.8K
Q1 24
$-638.2K
Free Cash Flow
FLGC
FLGC
HWH
HWH
Q4 25
$-3.2M
Q3 25
$91.0K
$-217.9K
Q2 25
$-3.0M
Q1 25
$-2.8M
Q4 24
$-415.5K
Q3 24
$-2.1M
$-277.1K
Q2 24
$-291.0K
$-516.8K
Q1 24
$-640.3K
FCF Margin
FLGC
FLGC
HWH
HWH
Q4 25
487.6%
Q3 25
0.9%
-105.4%
Q2 25
-20.0%
Q1 25
-23.3%
Q4 24
-144.7%
Q3 24
-29.0%
-80.2%
Q2 24
-1.9%
-154.3%
Q1 24
-223.8%
Capex Intensity
FLGC
FLGC
HWH
HWH
Q4 25
-4.4%
Q3 25
0.1%
8.7%
Q2 25
0.4%
Q1 25
0.2%
Q4 24
0.0%
0.1%
Q3 24
0.3%
0.6%
Q2 24
0.2%
7.7%
Q1 24
0.7%
Cash Conversion
FLGC
FLGC
HWH
HWH
Q4 25
Q3 25
Q2 25
0.32×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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