vs

Side-by-side financial comparison of Galiano Gold Inc. (GAU) and SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH). Click either name above to swap in a different company.

SPORTSMAN'S WAREHOUSE HOLDINGS, INC. is the larger business by last-quarter revenue ($331.3M vs $166.8M, roughly 2.0× Galiano Gold Inc.). Over the past eight quarters, Galiano Gold Inc.'s revenue compounded faster (1.3% CAGR vs -5.4%).

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.

Sportsman's Warehouse is an American outdoor sporting goods retailer which operates in 29 states across the United States. Sportsman's Warehouse sells apparel, footwear, and gear which caters to sportsmen and sportswomen with interests in hunting, shooting, reloading, camping, fishing, and other outdoor recreational activities.

GAU vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
2.0× larger
SPWH
$331.3M
$166.8M
GAU
Faster 2-yr revenue CAGR
GAU
GAU
Annualised
GAU
1.3%
-5.4%
SPWH

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
GAU
GAU
SPWH
SPWH
Revenue
$166.8M
$331.3M
Net Profit
$8.0K
Gross Margin
32.8%
Operating Margin
24.3%
1.3%
Net Margin
0.0%
Revenue YoY
2.2%
Net Profit YoY
-97.8%
EPS (diluted)
$0.00

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
SPWH
SPWH
Q4 25
$331.3M
Q3 25
$166.8M
$293.9M
Q2 25
$95.7M
$249.1M
Q1 25
$31.7M
$340.4M
Q4 24
$324.3M
Q3 24
$71.1M
$288.7M
Q2 24
$64.0M
$244.2M
Q1 24
$31.7M
$370.4M
Net Profit
GAU
GAU
SPWH
SPWH
Q4 25
$8.0K
Q3 25
$-7.1M
Q2 25
$4.1M
$-21.3M
Q1 25
$-3.2M
$-8.7M
Q4 24
$-364.0K
Q3 24
$1.1M
$-5.9M
Q2 24
$8.8M
$-18.1M
Q1 24
$-8.7M
Gross Margin
GAU
GAU
SPWH
SPWH
Q4 25
32.8%
Q3 25
32.0%
Q2 25
30.4%
Q1 25
30.4%
Q4 24
31.8%
Q3 24
31.2%
Q2 24
30.2%
Q1 24
26.8%
Operating Margin
GAU
GAU
SPWH
SPWH
Q4 25
1.3%
Q3 25
24.3%
-1.1%
Q2 25
18.4%
-7.9%
Q1 25
8.2%
1.1%
Q4 24
1.0%
Q3 24
-1.5%
Q2 24
-8.4%
Q1 24
17.2%
-2.1%
Net Margin
GAU
GAU
SPWH
SPWH
Q4 25
0.0%
Q3 25
-2.4%
Q2 25
4.3%
-8.5%
Q1 25
-10.1%
-2.6%
Q4 24
-0.1%
Q3 24
1.5%
-2.0%
Q2 24
13.8%
-7.4%
Q1 24
-2.4%
EPS (diluted)
GAU
GAU
SPWH
SPWH
Q4 25
$0.00
Q3 25
$-0.18
Q2 25
$-0.56
Q1 25
$-0.22
Q4 24
$-0.01
Q3 24
$-0.16
Q2 24
$-0.48
Q1 24
$-0.22

Balance Sheet & Financial Strength

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

Metric
GAU
GAU
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$209.5M
Total Assets
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAU
GAU
SPWH
SPWH
Q4 25
$2.2M
Q3 25
$1.8M
Q2 25
$3.6M
Q1 25
$2.8M
Q4 24
$2.7M
Q3 24
$2.6M
Q2 24
$2.2M
Q1 24
$3.1M
Total Debt
GAU
GAU
SPWH
SPWH
Q4 25
$44.0M
Q3 25
$43.9M
Q2 25
$24.1M
Q1 25
$24.1M
Q4 24
$24.0M
Q3 24
$24.0M
Q2 24
Q1 24
Stockholders' Equity
GAU
GAU
SPWH
SPWH
Q4 25
$209.5M
Q3 25
$208.9M
Q2 25
$215.1M
Q1 25
$235.7M
Q4 24
$243.6M
Q3 24
$243.0M
Q2 24
$247.5M
Q1 24
$264.6M
Total Assets
GAU
GAU
SPWH
SPWH
Q4 25
$913.9M
Q3 25
$948.9M
Q2 25
$929.7M
Q1 25
$852.1M
Q4 24
$967.7M
Q3 24
$901.9M
Q2 24
$930.4M
Q1 24
$886.2M
Debt / Equity
GAU
GAU
SPWH
SPWH
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.11×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
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
GAU
GAU
SPWH
SPWH
Operating Cash FlowLast quarter
$41.9M
$16.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAU
GAU
SPWH
SPWH
Q4 25
$16.3M
Q3 25
$41.9M
$-26.6M
Q2 25
$17.5M
$-60.2M
Q1 25
$13.0M
$52.8M
Q4 24
$-2.5M
Q3 24
$28.6M
$18.5M
Q2 24
$9.2M
$-34.6M
Q1 24
$68.9M
Free Cash Flow
GAU
GAU
SPWH
SPWH
Q4 25
$8.7M
Q3 25
$-33.9M
Q2 25
$-64.0M
Q1 25
$49.6M
Q4 24
$-6.2M
Q3 24
$14.1M
Q2 24
$-38.0M
Q1 24
$60.2M
FCF Margin
GAU
GAU
SPWH
SPWH
Q4 25
2.6%
Q3 25
-11.5%
Q2 25
-25.7%
Q1 25
14.6%
Q4 24
-1.9%
Q3 24
4.9%
Q2 24
-15.5%
Q1 24
16.2%
Capex Intensity
GAU
GAU
SPWH
SPWH
Q4 25
2.3%
Q3 25
2.5%
Q2 25
1.5%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.5%
Q2 24
1.4%
Q1 24
2.4%
Cash Conversion
GAU
GAU
SPWH
SPWH
Q4 25
2038.00×
Q3 25
Q2 25
4.30×
Q1 25
Q4 24
Q3 24
26.04×
Q2 24
1.05×
Q1 24

Financial Flow Comparison

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

Related Comparisons