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Side-by-side financial comparison of FONAR CORP (FONR) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.

Mama's Creations, Inc. is the larger business by last-quarter revenue ($47.3M vs $25.5M, roughly 1.9× FONAR CORP). FONAR CORP runs the higher net margin — 8.0% vs 1.1%, a 6.9% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 2.4%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-227.0K). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs -0.3%).

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.

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

FONR vs MAMA — Head-to-Head

Bigger by revenue
MAMA
MAMA
1.9× larger
MAMA
$47.3M
$25.5M
FONR
Growing faster (revenue YoY)
MAMA
MAMA
+47.6% gap
MAMA
50.0%
2.4%
FONR
Higher net margin
FONR
FONR
6.9% more per $
FONR
8.0%
1.1%
MAMA
More free cash flow
MAMA
MAMA
$3.9M more FCF
MAMA
$3.7M
$-227.0K
FONR
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
-0.3%
FONR

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
FONR
FONR
MAMA
MAMA
Revenue
$25.5M
$47.3M
Net Profit
$2.1M
$540.0K
Gross Margin
23.6%
Operating Margin
13.5%
1.7%
Net Margin
8.0%
1.1%
Revenue YoY
2.4%
50.0%
Net Profit YoY
4.7%
31.7%
EPS (diluted)
$0.01

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
MAMA
MAMA
Q4 25
$25.5M
$47.3M
Q3 25
$26.0M
$35.2M
Q2 25
$27.3M
$35.3M
Q1 25
$27.2M
$33.6M
Q4 24
$24.9M
$31.5M
Q3 24
$25.0M
$28.4M
Q2 24
$25.9M
$29.8M
Q1 24
$25.7M
$26.7M
Net Profit
FONR
FONR
MAMA
MAMA
Q4 25
$2.1M
$540.0K
Q3 25
$2.3M
$1.3M
Q2 25
$729.3K
$1.2M
Q1 25
$2.5M
$1.6M
Q4 24
$2.0M
$410.0K
Q3 24
$3.1M
$1.1M
Q2 24
$830.4K
$553.0K
Q1 24
$1.9M
$1.4M
Gross Margin
FONR
FONR
MAMA
MAMA
Q4 25
23.6%
Q3 25
24.9%
Q2 25
26.1%
Q1 25
27.0%
Q4 24
22.6%
Q3 24
24.2%
Q2 24
25.0%
Q1 24
29.3%
Operating Margin
FONR
FONR
MAMA
MAMA
Q4 25
13.5%
1.7%
Q3 25
14.1%
4.8%
Q2 25
5.3%
4.5%
Q1 25
15.2%
5.7%
Q4 24
11.9%
1.8%
Q3 24
21.0%
5.7%
Q2 24
7.4%
2.6%
Q1 24
16.8%
7.4%
Net Margin
FONR
FONR
MAMA
MAMA
Q4 25
8.0%
1.1%
Q3 25
8.7%
3.6%
Q2 25
2.7%
3.5%
Q1 25
9.2%
4.8%
Q4 24
7.9%
1.3%
Q3 24
12.6%
4.0%
Q2 24
3.2%
1.9%
Q1 24
7.3%
5.3%
EPS (diluted)
FONR
FONR
MAMA
MAMA
Q4 25
$0.01
Q3 25
$0.03
Q2 25
$0.03
Q1 25
$0.04
Q4 24
$0.01
Q3 24
$0.03
Q2 24
$0.01
Q1 24
$0.03

Balance Sheet & Financial Strength

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

Metric
FONR
FONR
MAMA
MAMA
Cash + ST InvestmentsLiquidity on hand
$121.0K
$18.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$176.9M
$49.6M
Total Assets
$217.2M
$84.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
MAMA
MAMA
Q4 25
$121.0K
$18.1M
Q3 25
$122.0K
$9.4M
Q2 25
$56.5M
$12.0M
Q1 25
$123.0K
$7.2M
Q4 24
$121.0K
$9.3M
Q3 24
$136.0K
$7.4M
Q2 24
$56.5M
$13.0M
Q1 24
$134.0K
$11.0M
Total Debt
FONR
FONR
MAMA
MAMA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Q1 24
Stockholders' Equity
FONR
FONR
MAMA
MAMA
Q4 25
$176.9M
$49.6M
Q3 25
$174.9M
$29.6M
Q2 25
$172.6M
$26.4M
Q1 25
$171.9M
$24.9M
Q4 24
$169.8M
$23.0M
Q3 24
$168.7M
$22.3M
Q2 24
$166.0M
$20.3M
Q1 24
$165.8M
$19.6M
Total Assets
FONR
FONR
MAMA
MAMA
Q4 25
$217.2M
$84.0M
Q3 25
$218.4M
$51.2M
Q2 25
$216.9M
$52.7M
Q1 25
$214.9M
$47.1M
Q4 24
$208.0M
$47.9M
Q3 24
$212.3M
$43.0M
Q2 24
$214.2M
$47.2M
Q1 24
$209.6M
$45.1M
Debt / Equity
FONR
FONR
MAMA
MAMA
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
MAMA
MAMA
Operating Cash FlowLast quarter
$171.0K
$3.9M
Free Cash FlowOCF − Capex
$-227.0K
$3.7M
FCF MarginFCF / Revenue
-0.9%
7.8%
Capex IntensityCapex / Revenue
1.6%
0.4%
Cash ConversionOCF / Net Profit
0.08×
7.16×
TTM Free Cash FlowTrailing 4 quarters
$5.7M
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FONR
FONR
MAMA
MAMA
Q4 25
$171.0K
$3.9M
Q3 25
$1.7M
$-1.7M
Q2 25
$4.2M
$6.0M
Q1 25
$3.1M
$-857.0K
Q4 24
$2.2M
$4.8M
Q3 24
$1.7M
$-2.4M
Q2 24
$4.6M
$3.6M
Q1 24
$2.8M
$6.7M
Free Cash Flow
FONR
FONR
MAMA
MAMA
Q4 25
$-227.0K
$3.7M
Q3 25
$-177.0K
$-2.2M
Q2 25
$3.6M
$5.5M
Q1 25
$2.6M
$-930.0K
Q4 24
$1.5M
$2.5M
Q3 24
$-148.0K
$-4.0M
Q2 24
$4.2M
$2.5M
Q1 24
$2.6M
$6.6M
FCF Margin
FONR
FONR
MAMA
MAMA
Q4 25
-0.9%
7.8%
Q3 25
-0.7%
-6.2%
Q2 25
13.1%
15.5%
Q1 25
9.4%
-2.8%
Q4 24
6.0%
8.0%
Q3 24
-0.6%
-14.1%
Q2 24
16.1%
8.4%
Q1 24
10.2%
24.8%
Capex Intensity
FONR
FONR
MAMA
MAMA
Q4 25
1.6%
0.4%
Q3 25
7.2%
1.5%
Q2 25
2.4%
1.5%
Q1 25
2.2%
0.2%
Q4 24
3.0%
7.2%
Q3 24
7.2%
5.6%
Q2 24
1.6%
3.8%
Q1 24
0.7%
0.4%
Cash Conversion
FONR
FONR
MAMA
MAMA
Q4 25
0.08×
7.16×
Q3 25
0.75×
-1.31×
Q2 25
5.79×
4.85×
Q1 25
1.26×
-0.54×
Q4 24
1.14×
11.71×
Q3 24
0.53×
-2.10×
Q2 24
5.54×
6.58×
Q1 24
1.50×
4.79×

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%

MAMA
MAMA

Segment breakdown not available.

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