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Side-by-side financial comparison of FRP HOLDINGS, INC. (FRPH) and Intellicheck, Inc. (IDN). Click either name above to swap in a different company.

FRP HOLDINGS, INC. is the larger business by last-quarter revenue ($10.9M vs $6.6M, roughly 1.6× Intellicheck, Inc.). Intellicheck, Inc. runs the higher net margin — 23.4% vs 1.3%, a 22.1% gap on every dollar of revenue. On growth, Intellicheck, Inc. posted the faster year-over-year revenue change (11.8% vs 3.6%). Intellicheck, Inc. produced more free cash flow last quarter ($2.4M vs $-21.5M). Over the past eight quarters, Intellicheck, Inc.'s revenue compounded faster (19.1% CAGR vs 3.8%).

FRP Advisory is a business advisory firm based in the United Kingdom, providing restructuring, corporate finance, debt advisory, forensic accounting and financial advisory and is one of the UK’s largest specialists in the area of corporate restructuring.

Intellicheck, Inc. is a US-based technology company specializing in identity verification and fraud prevention solutions. It develops AI-powered tools to validate government-issued identification documents, streamline customer onboarding, and mitigate identity theft risks for clients across finance, retail, healthcare and public sector segments.

FRPH vs IDN — Head-to-Head

Bigger by revenue
FRPH
FRPH
1.6× larger
FRPH
$10.9M
$6.6M
IDN
Growing faster (revenue YoY)
IDN
IDN
+8.1% gap
IDN
11.8%
3.6%
FRPH
Higher net margin
IDN
IDN
22.1% more per $
IDN
23.4%
1.3%
FRPH
More free cash flow
IDN
IDN
$23.8M more FCF
IDN
$2.4M
$-21.5M
FRPH
Faster 2-yr revenue CAGR
IDN
IDN
Annualised
IDN
19.1%
3.8%
FRPH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FRPH
FRPH
IDN
IDN
Revenue
$10.9M
$6.6M
Net Profit
$139.0K
$1.6M
Gross Margin
91.4%
Operating Margin
15.4%
22.5%
Net Margin
1.3%
23.4%
Revenue YoY
3.6%
11.8%
Net Profit YoY
-91.8%
218.0%
EPS (diluted)
$0.03
$0.08

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
FRPH
FRPH
IDN
IDN
Q4 25
$10.9M
$6.6M
Q3 25
$10.8M
$6.0M
Q2 25
$10.8M
$5.1M
Q1 25
$10.3M
$4.9M
Q4 24
$10.5M
$5.9M
Q3 24
$10.6M
$4.7M
Q2 24
$10.5M
$4.7M
Q1 24
$10.1M
$4.7M
Net Profit
FRPH
FRPH
IDN
IDN
Q4 25
$139.0K
$1.6M
Q3 25
$662.0K
$290.0K
Q2 25
$578.0K
$-251.0K
Q1 25
$1.7M
$-318.0K
Q4 24
$1.7M
$488.0K
Q3 24
$1.4M
$-837.0K
Q2 24
$2.0M
$-127.0K
Q1 24
$1.3M
$-442.0K
Gross Margin
FRPH
FRPH
IDN
IDN
Q4 25
91.4%
Q3 25
90.5%
Q2 25
89.8%
Q1 25
89.7%
Q4 24
91.1%
Q3 24
91.0%
Q2 24
90.5%
Q1 24
90.7%
Operating Margin
FRPH
FRPH
IDN
IDN
Q4 25
15.4%
22.5%
Q3 25
12.6%
4.0%
Q2 25
15.3%
-5.8%
Q1 25
22.6%
-7.1%
Q4 24
27.7%
8.1%
Q3 24
29.0%
-19.3%
Q2 24
26.9%
-4.6%
Q1 24
28.4%
-11.2%
Net Margin
FRPH
FRPH
IDN
IDN
Q4 25
1.3%
23.4%
Q3 25
6.1%
4.8%
Q2 25
5.3%
-4.9%
Q1 25
16.6%
-6.5%
Q4 24
16.0%
8.2%
Q3 24
12.8%
-17.8%
Q2 24
19.5%
-2.7%
Q1 24
12.8%
-9.4%
EPS (diluted)
FRPH
FRPH
IDN
IDN
Q4 25
$0.03
$0.08
Q3 25
$0.03
$0.01
Q2 25
$0.03
$-0.01
Q1 25
$0.09
$-0.02
Q4 24
$0.09
$0.02
Q3 24
$0.07
$-0.04
Q2 24
$0.11
$-0.01
Q1 24
$0.07
$-0.02

Balance Sheet & Financial Strength

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

Metric
FRPH
FRPH
IDN
IDN
Cash + ST InvestmentsLiquidity on hand
$9.7M
Total DebtLower is stronger
$192.6M
Stockholders' EquityBook value
$428.5M
$20.7M
Total Assets
$735.1M
$24.5M
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPH
FRPH
IDN
IDN
Q4 25
$9.7M
Q3 25
$134.9M
$7.2M
Q2 25
$153.2M
$8.6M
Q1 25
$142.9M
$5.1M
Q4 24
$148.6M
$4.7M
Q3 24
$144.7M
$5.7M
Q2 24
$156.9M
$7.3M
Q1 24
$152.5M
$9.2M
Total Debt
FRPH
FRPH
IDN
IDN
Q4 25
$192.6M
Q3 25
$185.3M
Q2 25
$180.4M
Q1 25
$178.3M
Q4 24
$178.9M
Q3 24
$178.8M
Q2 24
$178.8M
Q1 24
$178.7M
Stockholders' Equity
FRPH
FRPH
IDN
IDN
Q4 25
$428.5M
$20.7M
Q3 25
$427.7M
$18.9M
Q2 25
$426.7M
$18.0M
Q1 25
$425.2M
$17.6M
Q4 24
$423.1M
$17.7M
Q3 24
$420.9M
$16.7M
Q2 24
$419.1M
$17.3M
Q1 24
$416.1M
$17.2M
Total Assets
FRPH
FRPH
IDN
IDN
Q4 25
$735.1M
$24.5M
Q3 25
$731.3M
$25.3M
Q2 25
$722.8M
$23.1M
Q1 25
$717.1M
$24.6M
Q4 24
$728.5M
$20.9M
Q3 24
$726.9M
$20.7M
Q2 24
$711.9M
$21.9M
Q1 24
$705.7M
$22.6M
Debt / Equity
FRPH
FRPH
IDN
IDN
Q4 25
0.45×
Q3 25
0.43×
Q2 25
0.42×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.43×
Q1 24
0.43×

Cash Flow & Capital Efficiency

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

Metric
FRPH
FRPH
IDN
IDN
Operating Cash FlowLast quarter
$29.7M
$2.4M
Free Cash FlowOCF − Capex
$-21.5M
$2.4M
FCF MarginFCF / Revenue
-196.6%
36.0%
Capex IntensityCapex / Revenue
468.5%
0.1%
Cash ConversionOCF / Net Profit
213.50×
1.54×
TTM Free Cash FlowTrailing 4 quarters
$-34.4M
$4.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPH
FRPH
IDN
IDN
Q4 25
$29.7M
$2.4M
Q3 25
$8.1M
$-1.7M
Q2 25
$8.7M
$3.1M
Q1 25
$4.5M
$750.0K
Q4 24
$29.0M
$-1.3M
Q3 24
$6.3M
$-1.1M
Q2 24
$12.2M
$-1.2M
Q1 24
$2.9M
$869.0K
Free Cash Flow
FRPH
FRPH
IDN
IDN
Q4 25
$-21.5M
$2.4M
Q3 25
$-16.9M
$-1.8M
Q2 25
$2.6M
$3.1M
Q1 25
$1.4M
$741.0K
Q4 24
$-22.2M
$-1.3M
Q3 24
$-28.2M
$-1.1M
Q2 24
$5.9M
$-1.2M
Q1 24
$-3.3M
$860.0K
FCF Margin
FRPH
FRPH
IDN
IDN
Q4 25
-196.6%
36.0%
Q3 25
-157.0%
-29.2%
Q2 25
24.0%
60.9%
Q1 25
13.6%
15.1%
Q4 24
-210.9%
-22.4%
Q3 24
-265.7%
-23.1%
Q2 24
56.0%
-25.5%
Q1 24
-32.6%
18.4%
Capex Intensity
FRPH
FRPH
IDN
IDN
Q4 25
468.5%
0.1%
Q3 25
232.0%
0.4%
Q2 25
55.9%
0.3%
Q1 25
30.1%
0.2%
Q4 24
486.1%
0.2%
Q3 24
325.1%
0.6%
Q2 24
60.3%
0.2%
Q1 24
61.2%
0.2%
Cash Conversion
FRPH
FRPH
IDN
IDN
Q4 25
213.50×
1.54×
Q3 25
12.21×
-5.99×
Q2 25
15.00×
Q1 25
2.63×
Q4 24
17.18×
-2.71×
Q3 24
4.65×
Q2 24
5.96×
Q1 24
2.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRPH
FRPH

Other$5.6M51%
Multifamily Segment$5.3M49%

IDN
IDN

Segment breakdown not available.

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