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Side-by-side financial comparison of FONAR CORP (FONR) and Globavend Holdings Ltd (GVH). Click either name above to swap in a different company.

FONAR CORP is the larger business by last-quarter revenue ($25.5M vs $13.7M, roughly 1.9× Globavend Holdings Ltd). FONAR CORP runs the higher net margin — 8.0% vs 3.3%, a 4.8% gap on every dollar of revenue. On growth, Globavend Holdings Ltd posted the faster year-over-year revenue change (63.7% vs 2.4%). FONAR CORP produced more free cash flow last quarter ($-227.0K vs $-1.2M).

FONAR Corp is a specialized medical technology firm that designs, manufactures, and distributes innovative MRI systems including upright and open models. It primarily serves U.S. hospitals, diagnostic imaging centers, and healthcare providers, delivering high-precision scanning solutions for clinical diagnostic use.

Globavend Holdings Ltd is a provider of smart unattended retail solutions, focusing on the design, supply, and operation of intelligent vending machines. It primarily serves markets across Australia, New Zealand, and Southeast Asia, offering end-to-end services including hardware manufacturing, inventory management software, and after-sales support to clients in retail, FMCG, and workplace service segments.

FONR vs GVH — Head-to-Head

Bigger by revenue
FONR
FONR
1.9× larger
FONR
$25.5M
$13.7M
GVH
Growing faster (revenue YoY)
GVH
GVH
+61.3% gap
GVH
63.7%
2.4%
FONR
Higher net margin
FONR
FONR
4.8% more per $
FONR
8.0%
3.3%
GVH
More free cash flow
FONR
FONR
$983.1K more FCF
FONR
$-227.0K
$-1.2M
GVH

Income Statement — Q2 FY2026 vs Q1 FY2025

Metric
FONR
FONR
GVH
GVH
Revenue
$25.5M
$13.7M
Net Profit
$2.1M
$450.3K
Gross Margin
10.5%
Operating Margin
13.5%
5.8%
Net Margin
8.0%
3.3%
Revenue YoY
2.4%
63.7%
Net Profit YoY
4.7%
-49.9%
EPS (diluted)
$6.01

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
FONR
FONR
GVH
GVH
Q4 25
$25.5M
Q3 25
$26.0M
Q2 25
$27.3M
Q1 25
$27.2M
$13.7M
Q4 24
$24.9M
Q3 24
$25.0M
Q2 24
$25.9M
Q1 24
$25.7M
$8.4M
Net Profit
FONR
FONR
GVH
GVH
Q4 25
$2.1M
Q3 25
$2.3M
Q2 25
$729.3K
Q1 25
$2.5M
$450.3K
Q4 24
$2.0M
Q3 24
$3.1M
Q2 24
$830.4K
Q1 24
$1.9M
$898.8K
Gross Margin
FONR
FONR
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
10.5%
Q4 24
Q3 24
Q2 24
Q1 24
19.8%
Operating Margin
FONR
FONR
GVH
GVH
Q4 25
13.5%
Q3 25
14.1%
Q2 25
5.3%
Q1 25
15.2%
5.8%
Q4 24
11.9%
Q3 24
21.0%
Q2 24
7.4%
Q1 24
16.8%
13.8%
Net Margin
FONR
FONR
GVH
GVH
Q4 25
8.0%
Q3 25
8.7%
Q2 25
2.7%
Q1 25
9.2%
3.3%
Q4 24
7.9%
Q3 24
12.6%
Q2 24
3.2%
Q1 24
7.3%
10.7%
EPS (diluted)
FONR
FONR
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
$6.01
Q4 24
Q3 24
Q2 24
Q1 24
$12.57

Balance Sheet & Financial Strength

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

Metric
FONR
FONR
GVH
GVH
Cash + ST InvestmentsLiquidity on hand
$121.0K
$915.2K
Total DebtLower is stronger
Stockholders' EquityBook value
$176.9M
$5.7M
Total Assets
$217.2M
$6.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
GVH
GVH
Q4 25
$121.0K
Q3 25
$122.0K
Q2 25
$56.5M
Q1 25
$123.0K
$915.2K
Q4 24
$121.0K
Q3 24
$136.0K
Q2 24
$56.5M
Q1 24
$134.0K
$2.5M
Total Debt
FONR
FONR
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Q1 24
Stockholders' Equity
FONR
FONR
GVH
GVH
Q4 25
$176.9M
Q3 25
$174.9M
Q2 25
$172.6M
Q1 25
$171.9M
$5.7M
Q4 24
$169.8M
Q3 24
$168.7M
Q2 24
$166.0M
Q1 24
$165.8M
$4.4M
Total Assets
FONR
FONR
GVH
GVH
Q4 25
$217.2M
Q3 25
$218.4M
Q2 25
$216.9M
Q1 25
$214.9M
$6.4M
Q4 24
$208.0M
Q3 24
$212.3M
Q2 24
$214.2M
Q1 24
$209.6M
$6.0M
Debt / Equity
FONR
FONR
GVH
GVH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.00×
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
FONR
FONR
GVH
GVH
Operating Cash FlowLast quarter
$171.0K
$-906.3K
Free Cash FlowOCF − Capex
$-227.0K
$-1.2M
FCF MarginFCF / Revenue
-0.9%
-8.8%
Capex IntensityCapex / Revenue
1.6%
2.2%
Cash ConversionOCF / Net Profit
0.08×
-2.01×
TTM Free Cash FlowTrailing 4 quarters
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FONR
FONR
GVH
GVH
Q4 25
$171.0K
Q3 25
$1.7M
Q2 25
$4.2M
Q1 25
$3.1M
$-906.3K
Q4 24
$2.2M
Q3 24
$1.7M
Q2 24
$4.6M
Q1 24
$2.8M
$-256.6K
Free Cash Flow
FONR
FONR
GVH
GVH
Q4 25
$-227.0K
Q3 25
$-177.0K
Q2 25
$3.6M
Q1 25
$2.6M
$-1.2M
Q4 24
$1.5M
Q3 24
$-148.0K
Q2 24
$4.2M
Q1 24
$2.6M
$-730.0K
FCF Margin
FONR
FONR
GVH
GVH
Q4 25
-0.9%
Q3 25
-0.7%
Q2 25
13.1%
Q1 25
9.4%
-8.8%
Q4 24
6.0%
Q3 24
-0.6%
Q2 24
16.1%
Q1 24
10.2%
-8.7%
Capex Intensity
FONR
FONR
GVH
GVH
Q4 25
1.6%
Q3 25
7.2%
Q2 25
2.4%
Q1 25
2.2%
2.2%
Q4 24
3.0%
Q3 24
7.2%
Q2 24
1.6%
Q1 24
0.7%
5.6%
Cash Conversion
FONR
FONR
GVH
GVH
Q4 25
0.08×
Q3 25
0.75×
Q2 25
5.79×
Q1 25
1.26×
-2.01×
Q4 24
1.14×
Q3 24
0.53×
Q2 24
5.54×
Q1 24
1.50×
-0.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FONR
FONR

Managementof Diagnostic Imaging Centers$23.2M91%
Manufacturingand Servicingof Medical Equipment$2.4M9%

GVH
GVH

Segment breakdown not available.

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