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

Sanara MedTech Inc. is the larger business by last-quarter revenue ($27.5M vs $25.8M, roughly 1.1× First Bancorp, Inc). First Bancorp, Inc runs the higher net margin — 39.4% vs -5.9%, a 45.2% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs 4.6%). First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $3.9M). Over the past eight quarters, Sanara MedTech Inc.'s revenue compounded faster (21.8% CAGR vs 18.1%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

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.

FNLC vs SMTI — Head-to-Head

Bigger by revenue
SMTI
SMTI
1.1× larger
SMTI
$27.5M
$25.8M
FNLC
Growing faster (revenue YoY)
FNLC
FNLC
+12.9% gap
FNLC
17.5%
4.6%
SMTI
Higher net margin
FNLC
FNLC
45.2% more per $
FNLC
39.4%
-5.9%
SMTI
More free cash flow
FNLC
FNLC
$30.7M more FCF
FNLC
$34.6M
$3.9M
SMTI
Faster 2-yr revenue CAGR
SMTI
SMTI
Annualised
SMTI
21.8%
18.1%
FNLC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FNLC
FNLC
SMTI
SMTI
Revenue
$25.8M
$27.5M
Net Profit
$10.2M
$-1.6M
Gross Margin
93.2%
Operating Margin
48.1%
23.5%
Net Margin
39.4%
-5.9%
Revenue YoY
17.5%
4.6%
Net Profit YoY
39.7%
5.3%
EPS (diluted)
$0.91
$-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
FNLC
FNLC
SMTI
SMTI
Q4 25
$25.8M
$27.5M
Q3 25
$24.5M
$26.3M
Q2 25
$22.5M
$25.8M
Q1 25
$21.8M
$23.4M
Q4 24
$22.0M
$26.3M
Q3 24
$20.5M
$21.7M
Q2 24
$19.2M
$20.2M
Q1 24
$18.5M
$18.5M
Net Profit
FNLC
FNLC
SMTI
SMTI
Q4 25
$10.2M
$-1.6M
Q3 25
$9.1M
$-30.4M
Q2 25
$8.1M
$-2.0M
Q1 25
$7.1M
$-3.5M
Q4 24
$7.3M
$-1.7M
Q3 24
$7.6M
$-2.9M
Q2 24
$6.2M
$-3.5M
Q1 24
$6.0M
$-1.8M
Gross Margin
FNLC
FNLC
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
FNLC
FNLC
SMTI
SMTI
Q4 25
48.1%
23.5%
Q3 25
45.2%
11.2%
Q2 25
43.7%
-0.1%
Q1 25
39.3%
-8.9%
Q4 24
39.5%
18.6%
Q3 24
44.6%
3.6%
Q2 24
38.8%
-14.3%
Q1 24
39.3%
-8.3%
Net Margin
FNLC
FNLC
SMTI
SMTI
Q4 25
39.4%
-5.9%
Q3 25
37.0%
-115.5%
Q2 25
35.8%
-7.8%
Q1 25
32.5%
-15.1%
Q4 24
33.1%
-6.5%
Q3 24
36.9%
-13.2%
Q2 24
32.1%
-17.4%
Q1 24
32.5%
-9.5%
EPS (diluted)
FNLC
FNLC
SMTI
SMTI
Q4 25
$0.91
$-0.32
Q3 25
$0.81
$-3.40
Q2 25
$0.72
$-0.23
Q1 25
$0.63
$-0.41
Q4 24
$0.66
$-0.18
Q3 24
$0.68
$-0.34
Q2 24
$0.55
$-0.41
Q1 24
$0.54
$-0.21

Balance Sheet & Financial Strength

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

Metric
FNLC
FNLC
SMTI
SMTI
Cash + ST InvestmentsLiquidity on hand
$16.6M
Total DebtLower is stronger
$95.5M
$46.0M
Stockholders' EquityBook value
$283.1M
$5.9M
Total Assets
$3.2B
$72.9M
Debt / EquityLower = less leverage
0.34×
7.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNLC
FNLC
SMTI
SMTI
Q4 25
$16.6M
Q3 25
$14.9M
Q2 25
$17.0M
Q1 25
$20.7M
Q4 24
$15.9M
Q3 24
$16.3M
Q2 24
$6.2M
Q1 24
$2.8M
Total Debt
FNLC
FNLC
SMTI
SMTI
Q4 25
$95.5M
$46.0M
Q3 25
$95.5M
$45.1M
Q2 25
$95.0M
$44.2M
Q1 25
$70.0M
$43.4M
Q4 24
$95.0M
$30.7M
Q3 24
$95.0M
$30.1M
Q2 24
$70.0M
$14.4M
Q1 24
$70.0M
$9.7M
Stockholders' Equity
FNLC
FNLC
SMTI
SMTI
Q4 25
$283.1M
$5.9M
Q3 25
$274.6M
$6.1M
Q2 25
$265.5M
$35.4M
Q1 25
$259.7M
$36.7M
Q4 24
$252.5M
$39.4M
Q3 24
$256.8M
$39.8M
Q2 24
$244.7M
$41.7M
Q1 24
$242.6M
$43.3M
Total Assets
FNLC
FNLC
SMTI
SMTI
Q4 25
$3.2B
$72.9M
Q3 25
$3.2B
$71.1M
Q2 25
$3.2B
$98.8M
Q1 25
$3.2B
$96.4M
Q4 24
$3.2B
$88.1M
Q3 24
$3.1B
$88.5M
Q2 24
$3.1B
$73.4M
Q1 24
$3.0B
$70.9M
Debt / Equity
FNLC
FNLC
SMTI
SMTI
Q4 25
0.34×
7.74×
Q3 25
0.35×
7.33×
Q2 25
0.36×
1.25×
Q1 25
0.27×
1.18×
Q4 24
0.38×
0.78×
Q3 24
0.37×
0.76×
Q2 24
0.29×
0.34×
Q1 24
0.29×
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
FNLC
FNLC
SMTI
SMTI
Operating Cash FlowLast quarter
$37.8M
$3.9M
Free Cash FlowOCF − Capex
$34.6M
$3.9M
FCF MarginFCF / Revenue
133.9%
14.0%
Capex IntensityCapex / Revenue
12.5%
0.3%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M
$2.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNLC
FNLC
SMTI
SMTI
Q4 25
$37.8M
$3.9M
Q3 25
$12.9M
$2.2M
Q2 25
$7.4M
$2.7M
Q1 25
$2.2M
$-2.0M
Q4 24
$26.0M
$932.0K
Q3 24
$9.8M
$2.1M
Q2 24
$6.4M
$-1.4M
Q1 24
$-1.5M
$-1.6M
Free Cash Flow
FNLC
FNLC
SMTI
SMTI
Q4 25
$34.6M
$3.9M
Q3 25
$12.6M
$1.1M
Q2 25
$7.2M
$902.7K
Q1 25
$828.0K
$-3.7M
Q4 24
$24.6M
$859.9K
Q3 24
$9.6M
$2.0M
Q2 24
$6.3M
$-1.5M
Q1 24
$-1.8M
$-1.7M
FCF Margin
FNLC
FNLC
SMTI
SMTI
Q4 25
133.9%
14.0%
Q3 25
51.4%
4.2%
Q2 25
32.1%
3.5%
Q1 25
3.8%
-15.9%
Q4 24
111.7%
3.3%
Q3 24
47.0%
9.4%
Q2 24
32.9%
-7.3%
Q1 24
-9.8%
-9.0%
Capex Intensity
FNLC
FNLC
SMTI
SMTI
Q4 25
12.5%
0.3%
Q3 25
1.2%
4.0%
Q2 25
0.6%
6.8%
Q1 25
6.2%
7.4%
Q4 24
6.7%
0.3%
Q3 24
0.5%
0.0%
Q2 24
0.3%
0.3%
Q1 24
1.8%
0.4%
Cash Conversion
FNLC
FNLC
SMTI
SMTI
Q4 25
3.72×
Q3 25
1.42×
Q2 25
0.91×
Q1 25
0.31×
Q4 24
3.58×
Q3 24
1.29×
Q2 24
1.03×
Q1 24
-0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FNLC
FNLC

Segment breakdown not available.

SMTI
SMTI

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

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