vs

Side-by-side financial comparison of FIRST NATIONAL CORP (FXNC) and SS Innovations International, Inc. (SSII). Click either name above to swap in a different company.

FIRST NATIONAL CORP is the larger business by last-quarter revenue ($24.0M vs $14.5M, roughly 1.6× SS Innovations International, Inc.). FIRST NATIONAL CORP runs the higher net margin — 23.0% vs -17.0%, a 40.0% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs -3.4%). FIRST NATIONAL CORP produced more free cash flow last quarter ($20.9M vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 26.8%).

VA Tech Wabag Ltd. is an Indian multinational company focussed on desalination and water treatment for municipal and industrial users. Founded in Breslau in 1924, the company is headquartered in Chennai.

SS Innovations International, Inc. is a global medical technology enterprise specializing in the research, development and manufacturing of innovative surgical robotic systems. It provides high-precision, accessible robotic platforms for minimally invasive surgery, catering to healthcare facilities across multiple regions to boost surgical outcomes and cut procedural burdens.

FXNC vs SSII — Head-to-Head

Bigger by revenue
FXNC
FXNC
1.6× larger
FXNC
$24.0M
$14.5M
SSII
Growing faster (revenue YoY)
SSII
SSII
+82.4% gap
SSII
79.1%
-3.4%
FXNC
Higher net margin
FXNC
FXNC
40.0% more per $
FXNC
23.0%
-17.0%
SSII
More free cash flow
FXNC
FXNC
$24.2M more FCF
FXNC
$20.9M
$-3.2M
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
26.8%
FXNC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FXNC
FXNC
SSII
SSII
Revenue
$24.0M
$14.5M
Net Profit
$5.5M
$-2.5M
Gross Margin
43.9%
Operating Margin
28.8%
-3.7%
Net Margin
23.0%
-17.0%
Revenue YoY
-3.4%
79.1%
Net Profit YoY
689.9%
-28.5%
EPS (diluted)
$0.60
$-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
FXNC
FXNC
SSII
SSII
Q4 25
$24.0M
$14.5M
Q3 25
$22.8M
$12.8M
Q2 25
$22.4M
$10.0M
Q1 25
$21.1M
$5.1M
Q4 24
$24.8M
$8.1M
Q3 24
$15.0M
$4.4M
Q2 24
$14.2M
$4.5M
Q1 24
$14.9M
$3.6M
Net Profit
FXNC
FXNC
SSII
SSII
Q4 25
$5.5M
$-2.5M
Q3 25
$5.5M
$-3.7M
Q2 25
$5.1M
$-256.7K
Q1 25
$1.6M
$-5.7M
Q4 24
$-933.0K
$-1.9M
Q3 24
$2.2M
$-3.2M
Q2 24
$2.4M
$-4.1M
Q1 24
$3.2M
$-9.8M
Gross Margin
FXNC
FXNC
SSII
SSII
Q4 25
43.9%
Q3 25
48.1%
Q2 25
59.1%
Q1 25
21.2%
Q4 24
48.9%
Q3 24
52.8%
Q2 24
31.9%
Q1 24
20.0%
Operating Margin
FXNC
FXNC
SSII
SSII
Q4 25
28.8%
-3.7%
Q3 25
29.9%
-14.3%
Q2 25
28.2%
1.0%
Q1 25
9.0%
-115.6%
Q4 24
-29.0%
-22.7%
Q3 24
18.7%
-73.1%
Q2 24
22.0%
-90.9%
Q1 24
26.9%
-270.3%
Net Margin
FXNC
FXNC
SSII
SSII
Q4 25
23.0%
-17.0%
Q3 25
24.3%
-29.0%
Q2 25
22.5%
-2.6%
Q1 25
7.6%
-111.0%
Q4 24
-14.4%
-23.7%
Q3 24
15.0%
-74.0%
Q2 24
17.2%
-91.8%
Q1 24
21.5%
-270.5%
EPS (diluted)
FXNC
FXNC
SSII
SSII
Q4 25
$0.60
$-0.01
Q3 25
$0.62
$-0.02
Q2 25
$0.56
$0.00
Q1 25
$0.18
$-0.03
Q4 24
$-0.26
$-0.01
Q3 24
$0.36
$-0.02
Q2 24
$0.39
$-0.02
Q1 24
$0.51
$-0.06

Balance Sheet & Financial Strength

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

Metric
FXNC
FXNC
SSII
SSII
Cash + ST InvestmentsLiquidity on hand
$160.9M
$3.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$186.2M
$38.2M
Total Assets
$2.0B
$74.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FXNC
FXNC
SSII
SSII
Q4 25
$160.9M
$3.2M
Q3 25
$189.3M
$5.7M
Q2 25
$194.3M
$11.4M
Q1 25
$206.0M
$15.9M
Q4 24
$162.9M
$466.5K
Q3 24
$126.5M
$220.4K
Q2 24
$135.6M
$608.2K
Q1 24
$948.1K
Stockholders' Equity
FXNC
FXNC
SSII
SSII
Q4 25
$186.2M
$38.2M
Q3 25
$181.2M
$39.6M
Q2 25
$173.5M
$42.0M
Q1 25
$168.7M
$40.6M
Q4 24
$166.5M
$13.5M
Q3 24
$125.1M
$13.7M
Q2 24
$119.9M
$14.8M
Q1 24
$117.8M
$16.7M
Total Assets
FXNC
FXNC
SSII
SSII
Q4 25
$2.0B
$74.2M
Q3 25
$2.0B
$69.6M
Q2 25
$2.0B
$70.0M
Q1 25
$2.0B
$63.5M
Q4 24
$2.0B
$42.4M
Q3 24
$1.5B
$39.0M
Q2 24
$1.5B
$35.7M
Q1 24
$1.4B
$35.2M

Cash Flow & Capital Efficiency

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

Metric
FXNC
FXNC
SSII
SSII
Operating Cash FlowLast quarter
$25.1M
$-1.5M
Free Cash FlowOCF − Capex
$20.9M
$-3.2M
FCF MarginFCF / Revenue
87.3%
-22.3%
Capex IntensityCapex / Revenue
17.4%
11.8%
Cash ConversionOCF / Net Profit
4.56×
TTM Free Cash FlowTrailing 4 quarters
$34.9M
$-22.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FXNC
FXNC
SSII
SSII
Q4 25
$25.1M
$-1.5M
Q3 25
$8.4M
$-7.5M
Q2 25
$4.7M
$-3.5M
Q1 25
$3.5M
$-6.1M
Q4 24
$-22.2M
$-3.3M
Q3 24
$6.1M
$-2.5M
Q2 24
$3.6M
$-1.0M
Q1 24
$4.7M
$-2.7M
Free Cash Flow
FXNC
FXNC
SSII
SSII
Q4 25
$20.9M
$-3.2M
Q3 25
$6.8M
$-8.2M
Q2 25
$4.1M
$-3.8M
Q1 25
$3.0M
$-7.0M
Q4 24
$-25.5M
$-3.4M
Q3 24
$4.9M
$-4.2M
Q2 24
$3.0M
$-3.1M
Q1 24
$4.4M
$-2.8M
FCF Margin
FXNC
FXNC
SSII
SSII
Q4 25
87.3%
-22.3%
Q3 25
30.0%
-64.1%
Q2 25
18.3%
-37.7%
Q1 25
14.5%
-136.2%
Q4 24
-102.8%
-41.7%
Q3 24
33.0%
-96.9%
Q2 24
21.0%
-69.5%
Q1 24
29.5%
-76.9%
Capex Intensity
FXNC
FXNC
SSII
SSII
Q4 25
17.4%
11.8%
Q3 25
7.0%
5.9%
Q2 25
2.6%
3.2%
Q1 25
2.3%
17.0%
Q4 24
13.3%
1.5%
Q3 24
8.1%
38.8%
Q2 24
4.6%
46.8%
Q1 24
2.0%
3.5%
Cash Conversion
FXNC
FXNC
SSII
SSII
Q4 25
4.56×
Q3 25
1.52×
Q2 25
0.93×
Q1 25
2.21×
Q4 24
Q3 24
2.73×
Q2 24
1.49×
Q1 24
1.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FXNC
FXNC

Segment breakdown not available.

SSII
SSII

System Sales$13.4M92%
Other$1.2M8%

Related Comparisons