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Side-by-side financial comparison of Galiano Gold Inc. (GAU) and LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND). Click either name above to swap in a different company.

LINDBLAD EXPEDITIONS HOLDINGS, INC. is the larger business by last-quarter revenue ($183.2M vs $166.8M, roughly 1.1× Galiano Gold Inc.). Over the past eight quarters, LINDBLAD EXPEDITIONS HOLDINGS, INC.'s revenue compounded faster (9.2% CAGR vs 1.3%).

Galiano Gold Inc. is a Canada-based mineral exploration and production firm focused on gold assets. Its core operation is the Asanko Gold Mine in Ghana, West Africa. It extracts, processes and sells gold products to global precious metals markets, catering to both industrial clients and investment sector purchasers.

Lindblad Expeditions is an expedition travel company headquartered in New York, NY. The company currently offers expedition cruises to destinations on all seven continents aboard 15 ships with capacities ranging from 28 to 150 guests.

GAU vs LIND — Head-to-Head

Bigger by revenue
LIND
LIND
1.1× larger
LIND
$183.2M
$166.8M
GAU
Faster 2-yr revenue CAGR
LIND
LIND
Annualised
LIND
9.2%
1.3%
GAU

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GAU
GAU
LIND
LIND
Revenue
$166.8M
$183.2M
Net Profit
$-23.6M
Gross Margin
40.3%
Operating Margin
24.3%
-3.0%
Net Margin
-12.9%
Revenue YoY
23.3%
Net Profit YoY
6.0%
EPS (diluted)
$-0.45

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
GAU
GAU
LIND
LIND
Q4 25
$183.2M
Q3 25
$166.8M
$240.2M
Q2 25
$95.7M
$167.9M
Q1 25
$31.7M
$179.7M
Q4 24
$148.6M
Q3 24
$71.1M
$206.0M
Q2 24
$64.0M
$136.5M
Q1 24
$31.7M
$153.6M
Net Profit
GAU
GAU
LIND
LIND
Q4 25
$-23.6M
Q3 25
$1.2M
Q2 25
$4.1M
$-8.5M
Q1 25
$-3.2M
$1.2M
Q4 24
$-25.0M
Q3 24
$1.1M
$22.5M
Q2 24
$8.8M
$-24.7M
Q1 24
$-4.0M
Gross Margin
GAU
GAU
LIND
LIND
Q4 25
40.3%
Q3 25
48.2%
Q2 25
45.6%
Q1 25
48.3%
Q4 24
42.5%
Q3 24
46.7%
Q2 24
39.2%
Q1 24
45.0%
Operating Margin
GAU
GAU
LIND
LIND
Q4 25
-3.0%
Q3 25
24.3%
15.0%
Q2 25
18.4%
2.6%
Q1 25
8.2%
5.9%
Q4 24
-5.1%
Q3 24
14.3%
Q2 24
-6.0%
Q1 24
17.2%
5.1%
Net Margin
GAU
GAU
LIND
LIND
Q4 25
-12.9%
Q3 25
0.5%
Q2 25
4.3%
-5.1%
Q1 25
-10.1%
0.6%
Q4 24
-16.9%
Q3 24
1.5%
10.9%
Q2 24
13.8%
-18.1%
Q1 24
-2.6%
EPS (diluted)
GAU
GAU
LIND
LIND
Q4 25
$-0.45
Q3 25
$0.00
Q2 25
$-0.18
Q1 25
$0.00
Q4 24
$-0.45
Q3 24
$0.36
Q2 24
$-0.48
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
GAU
GAU
LIND
LIND
Cash + ST InvestmentsLiquidity on hand
$256.7M
Total DebtLower is stronger
$662.7M
Stockholders' EquityBook value
$-284.5M
Total Assets
$980.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAU
GAU
LIND
LIND
Q4 25
$256.7M
Q3 25
$261.8M
Q2 25
$200.9M
Q1 25
$188.9M
Q4 24
$183.9M
Q3 24
$193.9M
Q2 24
$168.1M
Q1 24
$177.7M
Total Debt
GAU
GAU
LIND
LIND
Q4 25
$662.7M
Q3 25
$663.5M
Q2 25
$627.3M
Q1 25
$626.4M
Q4 24
$625.5M
Q3 24
$624.5M
Q2 24
$623.6M
Q1 24
$622.7M
Stockholders' Equity
GAU
GAU
LIND
LIND
Q4 25
$-284.5M
Q3 25
$-256.6M
Q2 25
$-263.8M
Q1 25
$-252.2M
Q4 24
$-253.1M
Q3 24
$-226.9M
Q2 24
$-255.5M
Q1 24
$-227.4M
Total Assets
GAU
GAU
LIND
LIND
Q4 25
$980.0M
Q3 25
$976.5M
Q2 25
$936.5M
Q1 25
$908.8M
Q4 24
$876.9M
Q3 24
$889.8M
Q2 24
$858.3M
Q1 24
$868.0M

Cash Flow & Capital Efficiency

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

Metric
GAU
GAU
LIND
LIND
Operating Cash FlowLast quarter
$41.9M
$14.4M
Free Cash FlowOCF − Capex
$3.5M
FCF MarginFCF / Revenue
1.9%
Capex IntensityCapex / Revenue
6.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$63.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAU
GAU
LIND
LIND
Q4 25
$14.4M
Q3 25
$41.9M
$19.5M
Q2 25
$17.5M
$29.2M
Q1 25
$13.0M
$48.4M
Q4 24
$1.7M
Q3 24
$28.6M
$28.1M
Q2 24
$9.2M
$18.6M
Q1 24
$43.9M
Free Cash Flow
GAU
GAU
LIND
LIND
Q4 25
$3.5M
Q3 25
$11.9M
Q2 25
$13.5M
Q1 25
$35.0M
Q4 24
$-8.2M
Q3 24
$18.4M
Q2 24
$11.2M
Q1 24
$37.4M
FCF Margin
GAU
GAU
LIND
LIND
Q4 25
1.9%
Q3 25
5.0%
Q2 25
8.0%
Q1 25
19.5%
Q4 24
-5.5%
Q3 24
8.9%
Q2 24
8.2%
Q1 24
24.4%
Capex Intensity
GAU
GAU
LIND
LIND
Q4 25
6.0%
Q3 25
3.2%
Q2 25
9.4%
Q1 25
7.5%
Q4 24
6.6%
Q3 24
4.7%
Q2 24
5.4%
Q1 24
4.2%
Cash Conversion
GAU
GAU
LIND
LIND
Q4 25
Q3 25
16.41×
Q2 25
4.30×
Q1 25
41.69×
Q4 24
Q3 24
26.04×
1.25×
Q2 24
1.05×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GAU
GAU

Segment breakdown not available.

LIND
LIND

Guest Ticket$96.5M53%
Landexperience$67.3M37%
Other Tour$19.4M11%

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